The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-02-17

iosAuou ny sdlu ACT and the ,,rss.N& Sl5S7I
above referred to.
sec. Z. BE 1t further ordainoa SlsAS
That for the balance of the or;,;n., etey
OF construction OF said traffic hria aa w.
accordance with the accepted IA
the payments provided for in cas.. aassl
hereof have been made, all rolls s'lon
ges and collections on said hr;ds o, enar-
constitute trust fund to no co... snall
collected and sacredly kept ior ~,
count OF the contractors and undertshssss 80
or their heirs, successors, repressssa
tives or assigns; and, as an eyidsna.'
such Indebtedness on the mart e q 9 Il
City OF Shreveport and the PARA sne q
Bossler for the unpaid balance II =. u Y II
costs of construction of sa;d e sae
bridge, the City of Shreveport ana ssa " rs
Parish OF Bossier shall issue ao ,.S see
Gates OF payment" for the ret;rs s.sl.gR|
and redemption of which said e 80
charges, etc., are pledged and hvna.ssAs
Gated unto the holders, and said c sSis-
Gates shall be payable on Januar rsa ! 81
1882, shall bear 5 per cent per ann.
interest, payable semi-annuaIly. H. ssa )
on the LIST OF January and the ist !, ~ ~
OF each year, shall be for the sum ~ s ~ 3
thousand (S1, 100000 each, and shan d ~ y &
signed by the Mayor of the C ;.D y i
Shreveport and the President ~ ~ 4
Police Jury of the Parish of Boss;ar -. - q
gether with the clerks or secretar;ss ~ s
their respective bodies, are author;ysass
sign, issue and deliver so many of sa;s {
certificates as may be required 10 MAJ s
the contract price of the work. less cs.s
payments heretofore made, as herp;ns
above provided, and which certihcsss.
shall be delivered to said contraetors 4. ]:
undertakes, OF their successors. renrs I
sentatives or assigns upon the final com. y
pletion and acceptance of said trais.
bridge, and said certificates shall he,s
the same date as that on which sa;S
traffic bridge may be completed and s..
cepted.
Sec. 8. Be it further ordained Il.
That in addition to the pledge of the tolIa
as aforesaid and the issuance Of sa;l
certificates of payment, the contractos
and undertakers shall have a special l;as
and privilege on the said new traifs
bridge to secure the payment OF the sa;a
unpaid balance, as herein provided IN
and the City of Shreveport and H.
Parish OF Bossier specially agree not s
permit at any time the erection or "a.
struction OF any other bridge across RAJ
River to connect said city and parish
which may in any way detract from 3
compete with the collections or paymenta'
of tolls on said proposed traffic bridge.
Sec. y. Be it further ordained. Cd.
That the certificates of payment herein.
above referred to shall be subject to "a
tirement or payment sooner than their.
maturity, at the option of the debtors
and shall have interest coupons attached
thereto, payable as above provided, an&
the tolls, charges and collections herein
pledged and hypotecated unto and ID
favor of the holders of such certificates
shall be applied first to all interest due
on said certificates, and thereafter to Tie
payment OF such amounts of the princi-
pal as the sums available from such tolls
and collections may justify.
Sec. 10. Be it further ordained, etc.
That in order to further secure the said
contractors and undertakers for said IN.
paid balance of the cost of constructor
of said new traffic bridge, and in orderto
provide the fund for the retirement IL
said certificates of payment and interea
thereon, the City Of Shreveport and tie
Parish of Bossier bind themselves firmly
and fully to charge and collect tolls III
all traffic on said proposed bridge, when
same is completed and accepted, which
tolls and charges shall not be less thaa
are shown in the following Scheduie.
to-wit:
Each vehicle and driver drawn BY III
animals, 20 cents.
Each vehicle and driver drawn by Eve
animate, 20 cents.
Each vehicle and driver drawn by fouI
animals, Is cents.
Each vehicle and driver drawn by tllree
animals, Is cents.
Each vehicle and driver drawn by TN
animals, 10 cents.
Each vehicle and driver drawn by on(
animal, 10 cents.
Each horse and driver, or rider, Il
cents.
Pedestrians and additional persons il
vehicles, 5 cents.
Loose horses, mules, etc., 5 cents.
Other stock-goats, hogs, sheep, etc.
3 cents.
School children and policemen, free.
This schedule shall not apply to pass
sengers in electric railways that may b
hereafter operated over said bridge, bul
said city and parish may contract viii
electric railway companies for the priv.
lege OF crossing said bridge, and q
sums received from sssuch sources shall
be considered as toll, charge OF colIcc-
ton, and shall be applied in like mannel
as all other tolls, charges and collection
hereinbefore mentioned.
Sec. II. Be it further ordained, etc.
That said new bridge shall not be a draH
bridge, nor shall the cost thereof be linn
tied to SOC, 600, and after its completioe
and prior to the date of the cost Of con.
struction or the retirement of the las
outstanding certificate of paymentj
should any maintenance or repairs b
necessary thereto, the same may be doue
by the city ane parish and may be paid
out of the tolls and charges heretofofs
referred to, not to exceed in any on
year the sum Of $1,000.
Sec. IL. Be it further ordained, etc,
That the ordinance of the City d
Shreveport, introduced January Is, 1910,
and which has already passed its firgl
reading, be, when it is finally passed
and becomes effective, and the same \
hereby approved, joined with, accepted
and Endorsed, unless the same conhict1
herewith, and this ordinance shall y
effective and binding only when it shall
have been accepted, Joined with, IN
dorsed and approved by the passage d
the ordinance aforesaid by the CITY
Council of the City of Shreveport.
Sec. ID. Be it further ordained, etc.
That the President of the Police jury
OF the Parish of Bossier, on the part 81
the Parish of Bossier, is authorized, e1n-
powered and instructed to sign all nee
essary contracts, documents and papey
which may be necessary to carry out the
provisions hereof, and upon the adops.
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