The herald. [volume] (New Orleans, La.) 1905-1953, 1912-10-03

| Stltutlon or the state or Louisiana
| relative to the mourning OF deb
and issuing bonds for work of pub
| lie Improvement, and to the valida
| ton. and refunding of bonds ISSUED
| fo- such improvements, by munici.
| pal corporations, parish and school
drainage, sewerage and other dis
| tricts (the City Of New Orlean
| cXcepted), and the assessment OF
| special taxes and forced contribu-
| items to pay for same.
| Section l. Be it resolved by the Gen
eral Assembly of the State of Louisiana
two-thirds (2-3) of all the members
| Article two hundred and eighty-one
| esd of the Constitution OF the State
| of Louisiana be so amended as to reao
as follows:
| ARTICLE Isl.
Paragraph l. Municipal corporations
4 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 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 for thirty days
| in the official journal of the municipal
| corporation or parish or where there is
/ no OIIlCldl III a pun
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 gov
erning authorities of such subdivisions
shall impose and collect annually, in
excess of all other taxes, a tax suf-
ticient to pay the interest, annually or
semi annually, and the principal fall
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 forth
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 500
days as aforesaid, or for a greater
shall such bonds be issued for any
other purposes than for constructing,
improving and maintaining public
roads and highways, paving and i'm
proving streets, roads and alleys, pur-
chasing and constructing systems of
waterworks. sewerage, drainage, navi-
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 SUBJ
division creating the debt, as the case
may De. nor snail Sucn DOnOS run 1O1
longer period than forty (40) years
from their date or bear a greater rate
of interest than five per centum (5)
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 ((10) of the as
sessed valuation of the property in
such subdivisions. Municipal councils
within their limits one or more sewer
age districts.
Paragraph 2. Police juries 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 ,hI;t,o systems and the
when authorized by majority in num-
Der and amount Of the property tax
payers Of said district qualified to vote
under the Constitution and laws, who
pose, may impose and collect for a pc
riod not exceeding forty years forced
or acreage taxes not eX-
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
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
which the same are imposed and that
no such bonds shall be issued for any
other purpose than that for which said
or acreage taxes were
voted. run for longer period than
forty years, bear greater rate OF in
terest than five per centum per an
mum or be sold for less than par. All
bond issues heretofore authorized by
taxpayers in any subdivision at any
election not contested on any ground
OF fraud. are hereby recognized and
Paragraph 3. When the character of
any land Is such that 1t must be leveed
and pumped in order to be drained
Commissioners Of the District in which
the land Is situated, shall, upon the
petition of not less than a majority
IN acreage OF the property taxpayers,
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 |
bonds running not longer than forty |
l40) years from their date and bearing |
interest at rate not exceeding five |
per centum per annum payable annu- |
Ally or semf-annually, which bonds |
shall not be sold for less than par; and |
'aid Board of Drainage Commissioners |
shall levy annually upon said land |
.orced contributions or acreage taxes in |
IN amount sufficient to maintain the |
irainage of said land, to pay the in |
crest, annually or semi-annually, and |
he principal falling due each year. or |
sucn amount as may be required for |
my sinking fund provided for payment |
n said bonds at maturity, provided, |
nat such forced contributions or acre |
lge taxes. for all purposes shall never |
exceed Three Dollars and Fifty Cents |
s3.5O) per acre per annum.
Paragraph 4. The police juries OF the |
or the purpose Of constructing high
ways and public buildings for the par
sh. and the governing authorities of |
corporations. for the purpose
u paving or improving streets or al
eys. and for all municipal improve
nents. after making provision for the
PAYMENT or all statutory and ordinary |
,harges, may fund into bonds running |
or period not exceeding ten (10) |
ears, and bearing interest at a rate not
lum. which bonds shall not be sold
or less than par. the avails Of the
esidue of the ten C10) mill tax au-
horized by Article 232 of the Constitu-
ion of Louisiana.
Paragraph 5: Should any OF the sub
divisions of the State neglect or fail
or any reason to impose or collect the
axes provided for in the foregoing
ections. any person in interest NAV by
urinary proceedings in the district
or collection of such taxes.
n both, and such proceedings shall
,e filed and triable free to any cost to
he litigant.
Paragraph 6. Municipal corporations,
'arishes and school. drainage, sub
leverage districts (the CITY Of New
orleans exceptedl Hereinafter referrad |