The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-09-29
ACT. No. 1877.

JOHN i. MICHEL,
Secretary of State.
ACT. No. 1877.
House Bill No. 1926.
JOINT RESOLUTION
Proposing an. amendment to Article
Two Hundred and Eighty-one (2SD
of the Constitution OF the State OF
| Louisiana, relative to the issuance OF
bonds for work of public improve
ment by municipal corporations. par
/ fishes. and school, drainage and 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 Cen
erM Assembly of the State of Louisiana,
o-thirds t23) of all the members
elected to each House concurrns, Ihat
Article Two Hundred and Eishty-one
(2SD of the Constitution of the state
Of Louisiana be SO amended as to read
as follows:
Article PSI. Municipal Corporations
parishes or school. drainage, subdrain-
age, road. navigation. or sewerage
districts, the City of New Orleans ex-
copied. hereinafter referred to as sub
divisions. when authorized TO 40 So;
by a vote of ii majority in number and
| amount Of the property taxpayers
| qualified to vote under the Constltu-
| ton 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 600 days in
! the official journal of the municipal
| corporation or parishes. and where
| there is no official journal. in 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
l H.. nv, ~ Ks
and the principal falling due each year.
or such amount as may be required for
l 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 UO) mills on the dollar of the
| assessed valuation of the property in
such subdivisions.
other purpose than that stated in the
| submission of the proposition to the
l. taxpayer. and published for thirty 600
days as aforesaid. or for a greater
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 naviga-
ton. lights. public parks and build
ments and furnishings. bridges and 9th
er works Of public improvement, the
title to which shall rest In the subdi-
vision creating the debt. as the case
may be: nor shall such bonds run fol
a longer period than forty years (40)
from their date or bear Il greater rate
Of interest than five per cent 60 pei
annum. or be sold. for less than par
Il 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 sucf
subdivisions.
ity to create within their respective
limits one or more sewerage districts
and nothing herein contained shall pre-
vent drainage districts from belng es
tablished 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 OF
/. all lands situated in such districts
for the purpose of providing and main
tanning drainage systems. not exceed
ing fifty t50) cents per acre for a pc
Rod not exceeding forty (40) years
when authorized to do SO by maiorit,
| In number and amount Of the propert,
taxpayers of said district. qualified t,
vote under the Constitution and law
. held for that purpose and in the man
, ner provided in the first part of Thu
Article. and said drainage districts
. | through the Boards of Commissioner
4
above provided. may incur debt an,
, issue negotiable bonds therefor paya
: BILE in principal and interest out of an,
not to exceed in principal and interes
al said annual contributions or acreag
. taxes during the period for which TIL
\ same are levied. No such drainag
: bonds shall be issued for any othc
! | purpose than that for which said con
! tributfons or acreage taxes were vote
. or run for a longer period than fort
900 years from their. date or bear
. greater rate OF interest than five g
> per cent per annum or be sold for les
i than par.
! When the character of any land I
= ! such that 1t must be levied and pumpe
: in order to be drained and reclaimed
Of the district in which the land is sit
uated. shall. upon the petition Of no
. less than a majority in acreage of tn
4 property taxpayers. resident and non
| certain the cost OF drainage and re
claiming said land and incur deb
8 | against said land for an amount snffi
| cient to drain and reclaim 1t. and is
sue for said debt negotiable bonds ru,
{ | ling not longer than forty (40) year
n | rom their date and bearing interes
r 1t rate not exceeding five go pc
i ':sntum per annum, payable annual
1ot be sold for less than par; and sal
1 Soard of Drainage Commissioners sha
4 ievy annually upon said land force
i contributions or acreage taxes in a
mount sufficient to maintain tn
o rafnage Of said land and to pay tn
. | interest, annually or semi-annually, an
che principal falling due each year, o
i such amount as may be required TO
: my sinking fund provided for the pay
nent of said bonds at maturity; pro
| vtded. that such forced contribution o
, icreage taxes. for all. purposes shal
never exceed Three Dollars and FIT
h Cents $3.o0) per acre per annum.
> The police turies Of the various par
shes throughout the State for the pur
pose OF constructing highways and pub
ic buildings for the parish, and tn
governing authorities of municipal cor
poratfons, for the purpose of paving o
improving streets or alleys. or for 9th
er municipal improvements, after max
| ing provision for the payments of al
statutory and ordinary charges, ma
| fund into bOnds running for a perio
tot, exceeding ten O0) years. and bear
ng interest at a rate not exceedin
i've 60 per centum per annum, whic
bonds shall not be sold for less tha
oar. the avails Of the residue Of the te
fl0D mill tax authorized by Articl
!S2 Of the Constitution OF Louisiana.
q Section 2. Be 1t further resolved, etc
: That this proposed amendment shall
oe submitted to the qualified voters o
this State for adoption or rejection a
he congressional election to be he'll
. November, 1910; and if adopted, tn
1 anne shall take effect immediately
Section 3 Be it further resolved