The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-09-15


Approved July 9. 1910
-. J.-sY. SANDERS.
Governor Of the State Of Louisiana
true copy. -
JOHN i. MICHEL,
=; Secretary OF State.
ACT. No. IYz.
House Bill No. s2G.
JOINT RESOLUTION
Proposing an amendment to Article
Two Hundred and Eishty-ohe (EoIJ
of the Constitution vi the state Ut
louisiana, relative to he issuance OF
bonds for work of public improve
ment by municipal corpora tions, par.
ishcs. and school, drainage ana sew
erage districts. the City of New-Or-
leans excepted. and the assessment
of special taxes to pay for same
Section l. Be it resolved by the Gen
eral Assembly of the State of louisiana.
twO-thfrdS (2-3) of all the members
elected to each House concurring. That
Article Two Hundred and Eighty -one
(2Sl1 of the Constitution of the State
of Louisiana be SO amended as to read
Article 2S1. Municipal Corporations.
| parishes OR school. drainage, sdDdrain-
age. road. navigation, or sewerage
districts, the City of New Orleans ex-
cepted. hereinafter referred to as sub
divisions when authorized to do so,
by vote of Il majority in number and
amount of the property taxpayers,
| qualified to vote under the Constitn-
tion and laws of this State. who vote
at an election held for that purpose.
after due notice of said election has
been published for thirty 800 DAYS in
the official journal of the municipal
corporation or parishes. and where.
there is no official journal in a news
paper published therein, may. through
their respective governing authorities.
| incur debt and issue negotiable bonds
therefor, and each year while any
tn H.
ness are outstanding, the governing
authorities of such subdivision shall
levy and collect annually. in excess OF
all other taxes. a tax sufficient to pay
and the principal falling due each year.
or such amount as may be required for
any sinking fund provided for the pay
ment of said bonds at maturity: pro-
vided. that such special taxes. for all
purposes. shall not in any year exceed
ten I0) mills on the dollar of the
assessed valuation of the property in
such subdivisions.
No bonds shall be issued for any
other purpose than that stated in the
submission of the proposition to the
taxpayer, and published for thirty 900
days as aforesaid. or for a greater
amount than therein mentioned nor
shall such bonds be issued for any
other purpose than for constructing,
improving and maintaining public
roads and highways. paving and i'm
proving streets. roads and alleys. pur-
chasing or constructing systems of wa
terworks sewerage. drainage. n,viga-
ton. lights, public parks and build
ings. together with all necessary equip
ments and furnishings. bridges and 9TH
er works of public Improvement. the
title TO which shall rest in the subdi-
vision creating the debt. the case
may be: nor shall such bonds run for
longer. period than forty years ODD
from their date or bear Il greater rate
of interest than five per cent CD per
annum. or be sold for less than par.
The total issue of bonds by any subdi-
vision for all purposes shall never eX-
coed ten per centum t$10) of the assess
| ed valuations of the property in. such
subdivisions.
Municipal councils shall have author
ity to create within their respective
limits one or more sewerage districts;
and nothing herein contained shall pre-
vent drainage districts from being es-
tablishede under the laws of this State
shall, in addition to the powers here
inabove granted have the further pow
er and authority to levy and assess an
nual contributions or acreage taxes on
all lands situated in such districts
for the purpose of providing and MAIN
tanning drainage systems. not exceed
ing fifty $50 cents per acre for Il ne
riod not exceeding forty f4O) years,
when authorized to do so by a majority
taxpayers of said district. qualified to
vote under the Constitution and laws
Of this. State. who vote ut an election
held for that purpose and in the man.
ner provided in the first part of this
Article. and said drainage districts
through the Boards of Commissioners
thereof. when authorized as herein
above provided 'mav incur debt and
issue negotiable bonds therefor pnva-
BILE in PRINCIPAL and interest out of and
not to exceed in PRINCIPAL and interest
the aggregate amount to be raised bv
said annual contributions or acreage
same are levied No such drslina ee
bonds shall be issued for any. other
purpose than that for which said con-
tribntlons or acreage taxes were voted
Or run for = longer neriod than forty
(40) years from their date or bear a
greater rate Of interest than five g,
ner cent per annum or be sold for less
than par.
When the character of any land is
such that 1t must be levied and D,ltnne1
In order to be drained and reclaimed
the Board Of Drainage Commissioners
i, II the district in which the lnnd is sir
1ated. shall. upon the petition of no.
less than a majority in acreage of tl'e
property taxpayers. resident and non
resident. in the area to be. affected as,
certain the cost of drainage and 70
claiming said land and incn~ doh
against said land for an amount e-,rai
Client to drain and reclaim It, and is
sue for said debt negotiable bonds ",
fing not longer than forty (40) years
rom their date and bearing interest
Ut a rate not exceeding five 81 per
centum per annum. payable annually
pr semi-annually which bonds shall
not be sold for less than par; and said
bOard of Drainage Commissioners shall
levy annually upon said land forced
contributions or acreage taxes in an
mount sufficient to maintain the
rainage Of said land and to pay the
interest, annually or semi-annuaily, and
the principal falling due each year, or
such amount as may be required for
any sinking fund provided for the pay
ment OF said bonds at maturity: pro-
vlded. that such forced contribution or
acreage taxes. for all purposes shall
never exceed Three Dollars and Fifty
Cents t$3.5O) per acre per annum.
The police juries of the various par
ishes throughout the State for the pur-
pose of constructing highways and pub
lie, buildings for the parish. and the
governing authorities of municipal cor
porations, for the purpose of paving or
improving streets or alleys, or for 9TH
er municipal improvements. after maxi
ing provision for the payments of all
statutory and ordinary charges. may
tund into bonds running for a period
not exceeding ten Q0) years. and bear
ing interest at a rate not exceeding
tive (5) per centnm per annum, which
bonds shall, not be. sold for less than
par. the avaffS Of the: residue Uf the ten
1lO( mill tax authorized by Article
:S2 OF the Constitution of louisiana"
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