The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-09-01


JOHN 10 NY !. MICHEL.
Secretary of State.
ACT. No. 1917.
House Bill No. 1876.
JOINT RESOLUTION
Proposing an amendment TO Artlc:
Two Hundred and Eighty-one e. d
of the Constitution of the ota,e -.
Louisiana, relative to the issuance IL
bonds for work of public lmprov&
ment by municipal corporations, p.>I
ishes, and school, drainage and Sc"
erage districts. the City of New vi
leans excepted, and the assesslne"
of special taxes to pay for same
Section l. Be it resolved by the Gen
eral Assembly of the STATE of Loui.iin..
two-thirds t2-3) of all the memoeI
elected. to each House concurrinS, Tina
Article Two Hundred and Eighty-on,
esd Of the Constitution OF the STAY
Of Louisiana be so amended as to re''u
as follows:
|: Article PSI. Municipal Corporations
parishes or school, drainage. subdriln
age. road. navigation. "or seweris~
districts the City of New Orleans ex
cepted. hereinafter referred to as sub
divisions when authorised 10 do s..
by a vote of u majority in number ana
| amount of the property taxpayers
| qualified to vote under the Cons'itu-
| ton and laws of this State. who vote
| at an. election held for that purpose
IL
been published for thirty 800 days H.
| 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
| bonds issued to evidence said indebted
| 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
| the interest, annually or semi-annually
| and the principal falling due each year
or such amount as may be required fol
| any sinking fund provided for the pay.
| ment of said bonds at maturity; pro-
I vided, that such special taxes, for al
ten uO) mills on the dollar of the
| assessed valuation of the property ir
| such subdivisions.
No bonds shall be issued for any
submission of the proposition to the
| taxpayer, and published for thirty 600
days as aforesaid. or for a create,
amount than therein mentioned; mol
other purpose than for constructing
! improving and maintaining public
| roads and highways, paving and i'm
| proving streets. roads and alleys. pur
| terworks. sewerage drainage. naviga
| ton, lights. public parks and build
ings together with ali necessary equip
| ments and furnishings. bridges and 9th
title to which shall rest in the subdi
| vision creating the debt. as the case
i may be: nor shall such bonds run fo
a longer period than forty. years (40
of interest than five per. cent 60 PEE
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 ($10) of the assess
ed valuation of the property in 'sucl
| subdivisions.
Municipal councils shall have author
| ty to create within their RESPECTIVE
and nothing herein contained shall pre-
vent drainage districts from being es
tablishcd under the laws of this Stat
shall, In. addition to the powers here
inabove granted. have the further pow
er and authnrity to levy and assess an
nual contributions or acreage taxes OF
all lands situated in such districts
for the purpose of providing and main
| tanning drainage systems. not exceed
ing fifty t5O) cents per acre for a pc
Rod not exceeding forty (40) years
| when authorized to do so by a p1aiorit'
in number and amount Of the prOpert'
taxpayers of said district. Qualified t.
vote under the Constitution and law
Of this State. who vote at an election
held for that purpose and in the man
ner provided in the. first part of thi
Article. and said drainage districts
through the Boards of Commissioner
thereof. when authorized as herein
above provided. NAV incur debt an
issue negotiable bonds therefor. paya
BILE in PRINCIPAL and interest out of an
| not to exceed in principal and interes
the aggregate amount to be raised b
said annual contributions or acreag
taxes during the period for which tn
same are levied. No such drainag
bonds shall be issued for any othe
1 hnv 1,ot inh c,tI ans,
tributiOns or acreage taxes were vote
or run for a longer period than fort
(40) wears from their date or bear
! greater rate of interest than five g
|. per cent per annum or be sold for les
than par.
When the character Of any land /
such that 1t must be levied and pumpe
In order to. be drained and reclaimed
the Board Of Drainage Commissioner
II the district in which the land is sit
rated. shall. upon the petition of no
less than majority in acreage of IL
property taxpayers. resident and nor
resident. in the area to be affected as
certain the cost of drainage and re
planning said land and incr~ DEB
against said land for an amount s"ff'
! cfens to drain and reclaim it. and Is
sue for said debt negotiable bonds rur
Ing not longer than forty (4o) year
rom their date and bearing interes
rate not exceeding five go ps
entum per annum, payable annual.
semi-annually, which bonds sha
lot be sold for less than par; and sal
;3oard Of Drainage Commissioners sha
levy annually upon said land force
contributions or acreage taxes in a
| amount sufficient to maintain tn
drainage Of said land and to pay tn
| interest. annually or semi-annually. al.
the principal falling due each year, c
such amount as may. be required fo
l any sinking fund provided for the pay
ment of said bonds at maturity: pro
Vided. that such forced contribution Q
acreage taxes. for all purposes sha
never exceed Three Dollars and Fift
Cents H3.5O) per acre per annum.
The police turies of the various par
ishes throughout the State. for the pull
pose OF constructing highways and pub
lie buildings for the parish. and tn
! governing authorities of municipal cor
poratiOns. for the purpose of paving Q
Improving streets or alleys, or for 9th
er municipal improvements. after max
ing provision for the payments of a
statutory and ordinary charges. ma
fund into bonds running for a perio
not exceeding ten G0) years. and bear
Ing interest at a rate not exceedin
five (5) per centum per annum, whic
bonds shall not be sold for less tina
par, the avails OF the residue of the te
(10) mill tax authorized by Articl
232 of the Constitution of Louisiana.
Section 2. Be it further resolved. etc
That this proposed amendment sha
De submitted to the qualified voters
the congressional election to be hel
in November. 1910; and il adopted. tn
same shall take effect immediatel
thereafter
I Section 3. Be 1t further resolved
etc., That on the official ballots to b