The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1912-10-05
Of Louisiana De so amended as TO read

ARTICLE. 20 tg3s5 4
Para graph l. Municipal corporations,
parishes and school, drainage. sub
drainage, road, subroad. navigation, or
sewerage districts, City Of New Or
leans excepted, hereinafter referred to
as subdivisions Of the State when au-
number and amount Of the property
taxpayers, qualified to vote under the
Constitution and laws of this State.
who vote at an election held for that
purpose, after due notice of said cleo
! ton has been published forethirty days
| in the official journal of the municipal
| corporation or parish or where there is
no official journal, in newspaper pub
| lished therein, may, through their re-
spective governing authorities, incur
| debt and issue negotiable bonds there
for, and each year while any bonds thus
| issued are outstanding. the governing
authorities Of such subdivisions shall
| impose and collect annually, in excess
of all other taxes, tax sufficient to
annually. and the principal falling due
| each year, or such amount as may be
required for any sinking fund necessary
| to retire said bonds at maturity; pro-
purposes as above set forth shall not
| in any year exceed ten mills on the dol
lar of assessed valuation Of the prop
| erty in such subdivisions
| No bonds shall be issued for any
other purpose than that stated in the
submission of the proposition to the
taxpayers, and published for thirty (3o)
days as aforesaid, or for 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 improving
streets, roads and alleys, purchasing
and constructing systems of water
works, sewerage, drainage, navigation,
lights, public parks and buildings, to-
gether. with all necessary equipments
and furnishing, bridges and other
works Of public improvement, the title
| to which shall rest In the subdivision
nor shall such bonds run for longer
period than forty (4O) years from their
| date or bear a greater rate of interest
than five, per centum 90 per annum;
issue of bonds by. any subdivision for
| all purposes shall never exceed ten
per centum (10) Of the assessed yalua-
ton of the property in such subdivis-
authority to create within their limits
one or more sewerage districts.
Paragraph = Police 5uries in -. any ny
WITH With law az p create drainage A 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 majority in NUM-
Der and amount of the property tax
1
under the Constitution and laws, who
vote at an election held for that pur-
pose, may impose and collect for a Pc
Rod not exceeding forty years forced
ceeding fifty cents per acre per year
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 to
represent same. secured by the taxes
4 above described provided that the total
amount Of debts thus incurred or bonds
issued, shall never exceed in principal
and interest the aggregate amount to
be raised by said annual contributions
or acreage taxes during the period for
4 which the same are Imposed and that
no such bonds shall be issued for any
4 other purpose than that for which said
contributions or acreage taxes were
forty years, bear a greater rate of In
terest than five per centum per an
A mum or be sold for less than par. All
bond issues heretofore authorized by
election not contested on any ground
\ of fraud are hereby recognized and
4 validated.
4 any land Is such that 1t must be 1eYead
\ and pumped in order to be drained
n and reclaimed, the Board of Drainage
Commits Of the DIstrdct II which
acreage OF the property taxpayers
resident and nonresident, In the area
!, to be affected, ascertain the cost OF
drainage, and retaining said land and
incur debt against said land for an
amount sufficient to drain and reclaim
; it, and issue for such debt negotiable
bonds running not longer than forty
!, (40) years from their date and bearing
interest at rate not exceeding five
per centum per annum payable annually
!, or serni-annually, which bonds shall moi
, be sold for less than par; and said Board
Of Drainage Commissioners shall levy
, annually upon said land forced contrtbu
lions or acreage taxes in an amour,
sufficient to maintain the drainage o.
: said land, to pay the interest, annually
! or semi-annual1y, and the principal fall
/ ing due each year, or such amount as
: may be required for any sinking func
. provided for payment OF said oonds a
: contributions or acreage taxes, for al
) purposes shall never exceed Three Dol
r lars and Fifty Cents {s3.50) per acrs
: per annum.
: Paragraph 4. The police juries of thu
l various parishes throughout the State
a for the purpose of constructing high
: ways and public buildings for the par
t ish, and the governing authorities O.
municipal corporations, for the purpos'
f of paving or improving. streets or al
4 legs, and for all municipal improve
! ments, after making provision for tht
d payment of all statutory and ordinar!
). charges, may fund into bonds RUNNING
8 for period not exceeding ten Go
y years, and bearing interest at a rate no
. exceeding five (5) per centum per an
{ mum, which bonds shall not be solt
}. for less than par, the avails Of tn
v residue Of the ten 16) mill tax au
. thorized by Article 1872 OF the Ccnstitu
r ton Of Louisiana. 8
d Paragraph s. Should any Of the :, sub
: divisions OF the State neglect or fail 70
any reason to impose or collect tn
1, taxes provided for in the foregoing sec
Il TONS any person in interest may D.
/ summary proceedings in the distrtc
: court having jurisdiction, enforce tn
10 imposition or collection Of such taxes
or both, and such proceedings shall o
!. filed and triable free to any cost TO tn
e litigant.
,e Paragraph s. Municipal corporations
q parishes and school, drainage, SUB
II drainage, road subroad, navigation an
II sewerage districts (the City of NeE
If Orleans excepted), hereinafter referre
to as subdivisions, when authorized t
@ do so in the manner herein provided
J. may, for the purpose of read ustlne
J. refunding, extending or unifying thes
il bonded Indebtedness, issue new bonds
" covering any particular issue or issue
.. of bonds or the whole outstandin
= hapdad }1dahtainass inof,rrn5 by sue