The herald. [volume] (New Orleans, La.) 1905-1953, 1912-08-29

relative to the mourning OF ueDt
and issuing bonds for work or pub
lie Improvement, and TO the valida-
ton. and refunding OF bonds ISSUED
for such improvements, by muhlcl-
pal corporations, parish and schooi'
drainage, sewerage and Other dlS-
tricts Cthe City of New Orleans
eNceptedD. and the assessment OF
suecial taxes and forced contribu-
items to pay for same;
Section l. Be il resolved by the Gen
eral Assembly of the State of Louisiana,
two-thirds (2-3) Of all the members
elected to each House, concurrlng, Ihat
Article two hundred and eighty,otie
esd of the Constitution of the State
OF Louisiana be so amended as TO read
as follows:
ARTICLE 2s1.
Paragraph l. Municipal corporations,
parishes and school, drainage, SUB
drainage road, subroad, navigation OF
sewerage districts, City of New Orleans
excepted, hereinafter referred TO as
subdivisions of the State. when au-
thorized by a vote OF a majority, IN
number and amount or the property
taxpayers, qualified to vote under the
Constitution and laws of this State,
who vote at an election held 1or Ihat
purpose, after due notice or salu elec-
ton has been published Tor thirty gay :
| in the official journal of the municipal
corporation or parish or where there Is
no official journal. in newspaper pup
lished therein, may, through thelT re
spective governing authorities incur
debt and issue negotiable bonds there-
for, and each year while any bonus
thus issued are outstanding, the gov
erning authorities OF such subdivisions
shall impose and collect annually, In
excess of all other taxes. tax sur
ficient to pay the interest. annually or
semi-annually, and the principal ran
ing due each year. or such amount as
may be required for any sinking FUND
necessary to retire said bonds at ma
turity: provided that such special taxes,
for all purposes as above SET 1orIh
shall not in any year exceed ten mills
on the dollar of 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 (3O)
days as aforesaid, or for greater
amount than therein mentioned; nor
shall such bonds be issued Tor any
other purposes than for constructing,
improving and maintaining public
| roads and highways, paving ana I'M
proving streets, roads and alleys, pur-
chasing and constructing systems OF
| waterworks. sewerage, drainage, navl-
CATION. lights, public parks and build
| ings together with all necessary
| equipments and furnishing bridges and
other works of public Improvement, the
title to which shall rest in the sub
division creating the debt. as the case
| may be: nor shall such bonds run for
| a longer DerlOQ tnan tfVD years
from their date or bear a greater rate
| of interest than five per centum go
per annum, or be sold for less than par.
The total issue Of bonds by any sub
division for all purposes shall never
| exceed ten per centum GOO OF the as
| sessed valuation of the property in
| such subdivisions. Municipal councils
Fare granted the authority to create
| within their limits one or more sewer
age districts.
Paragraph 2. Police iuries in any
| parish or parishes may in accordance
with law create drainage districts.
! which in addition to the powers here
| inabove granted. shall have further
power and authority to provide and
maintain drainage systems and the
governing authorities of such districts,
| when authorized by a majority in num-
Der and amount of the property tax
payers of said district qualified to vote
under the Constitution and laws, who
vote at an election held for that pur-
pose, may impose and collect for Pc
riod not exceeding forty years forced
contributions or acreage taxes not ex-
on every acre of land in the subdivision
where such an election is held. The
governing authority of such subdivision
when authorized as set forth, may in
cur debt and issue negotiable bonds &c
represent same, secured by the taxes
above described provided that the total
amount of debts thus incurred or bonds
Issued shall never exceed in principal
be raised by said annual contributions
or acreage taxes during the period fol
which the same are imposed and thai
no such bonds shall be issued for any
other purpose than that for which saiC
contributions or acreage taxes were
voted. run for a longer period thar
forty years. bear a greater rate of in.
terest than five per centum per an.
mum or be sold for less than par. AL
bond issues Heretofore authorized by
taxpayers in any subdivision at any
election not contested on any grounC
OF fraud. are hereby recognized anC
validated.
Paragraph 3. When the character O.
any land is such that IL must be leveeC
and reclaimed. the Board of Drainag,
Commissioners Of the District in whic
the land is situated. shall, upon tn,
petition OF not less than a majorit,
resident and nonresident. in the are,
to be affected, ascertain the cost O
drainage, and retaining said land an,
incur debt against said land for al
amount SUFFICIENT to drain and reclaim
II. and issue for such debt negotiable
/ bonds running not longer than fort,
t4O) years from their date and bearing
interest at a rate not exceeding fiv
per centum per annum payable annu
ally or semi-annually, which bond
shall not be sold for less than par; an
said Board of Drainage Commissioner
snail levy annually upon said Ian
Il
an amount sufficient to maintain tn
drainage of said land, to pay the in
terest annually or semi-annually, an
! the principal falling due each year, o
such amount as may be required 10
{ any sinking fund provided for paymen
or said bonds at maturity. provided
! that such forced contributions or acre
age taxes. for all purposes shall neve
exceed Three Dollars and Fifty Cent
| (S3.5O) per acre per annum.
Paragraph 4. The police juries of tn
various parishes throughout the Stat,
for the purpose of constructing high
ways and public buildings for the par
ish. and the governing authorities G
, municipal corporations. for the purpos
OF paving or improving streets or al
leys. and for all municipal improve
ments. after making provision for tn
payment of all statutory and ordinar
charges. may fund into bonds runnin
for a period not exceeding ten G0
lyears. and bearing interest at a rate nc
exceeding five (5) per centum per an
num- which bonds shall not be sol
for less than par. the avails of tn
residue Of the ten (10) mill tax au
thorized by Article 232 of the Constitu
tion OF Louisiana.
| Paragraph 5. Should any of the sui
divisions of the State neglect or IA
for any reason to impose or collect tn
taxes provided for in the foregoin
sections any person in interest may b
summary proceedings in the distriC
court having Jurisdiction, enforce tn
imposition or collection OF such take
or both. and such proceedings sha
he filed and triabIe free to anY cost 1