Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1912-10-04


impose and collect annually. In exces.
or all other taxes. tax sufficient e
pay the interest. annually or semi
annually. and the principal falling due
each year. or such amount as may bt
required for any sinking fund necessary
to retire said bonds at maturity; pro-
vided that such special taxes. for al
purposes as above set forth shall moi
in any year exceed ten mills on the dol
lar of assessed valuation OF the prop
erty I'm 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 a greater
amount than therein mentioned; nor
shall such bonds be issued for any
other purpose than for constructing.
improving and maintaining public roads
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
creating the debt, as the case may be;
period than forty (40) years from their
date or bear a greater rate of interest
than five per centum CD per annum.
or be sold for less than par. The total
issue OF bonds by any subdivision for
all purposes shall never exceed ten
per centum (10) of the assessed valua-
ton OF the property in such subdivis-
ions. Municipal councils are granted the
authority to create within their limits
one or more sewerage 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
49,
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 a pc
Rod not exceeding forty years forced
contributions 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
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
contributions OF acreage taxes were
voted. run for a longer period than
forty years. bear a 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
validated.
Paragraph 9. When the character of
any land is such that II must be leveed
and reclaimed, the Board of Drainage
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
resident and nonresident. in the area
10 be affected, ascertain the cost of
drainage, and retaining said land ana
incur debt against said land for an
amount sufficient to drain and reclaim
Il, and issue for such debt negotiable
(40) years from their date and bearing
interest at a rate not exceeding five
per centum per annum payable annually
'r semi-annually, which bonds shall not
De sold for less than par; and said Board
1f Drainage Commissioners shall levy
upon said land forced contribu-
lions or acreage taxes in an amount
sufficient to maintain the drainage of
said land. to pay the interest annually
,r semi-annually, and the principal fall
ng due each year, or such amount as
nay be required for any sinking fund
provided for payment of said bonds at
provided. that such forced
or acreage taxes. for all
airs and Fifty Cents (ss.5o) per acre
Der annum.
Paragraph T. The police Juries of the
'artous parishes throughout the State.
ways and public buildings for the par
sh. and the governing authorities of
corporations. for the purpose
If paving or improving streets or al
eys, and for all municipal improve
nents, after making provision for the
payment of all statutory and ordinary
charges, may fund into bonds running
or period not exceeding ten (10)
Tears, and bearing interest at a rate not
.xceeding five go per centum per an,
or less than par. the avails OF the
esidue of the ten (10) mill tax au-
horized by Article 232 of the .Constitu-
ion OF Louisiana
divisions of the State neglect or fail for
my reason TO impose or collect the
axes provided for in the foregoing Sec
ions, any person in interest may by
curt having jurisdiction. enforce the |
imposition or collection of such taxes. |
n both. and such proceedings shall be |
lied and triable free to any cost to the
itigant.
Paragraph 6. Municipal corporations.
,arishes and school, drainage. sub
road. subroad, navigation and |
leverage districts 1.-THE City of New |
orleans excepted). hereinafter referred |
o as subdivisions, when authorized toi
10 so in the manner herein provided. |
nay, for the purpose of readjusting |
extending or unifying their |
'onded Indebtedness, issue new bonds |
covering any particular issue or issues |
u bonds or the whole outstanding |
,onded Indebtedness incurred by such |
subdivision for the purposes specified |
n Paragraph of this article or any |
ssue or refund issue bonds or renewal |
y refunding bonds issued by such sub
Iivision in novation or renewal and any |
or the purposes specified in said Para |
,raph / of this Article. No bonds Is |
Iued under this paragraph shall run for
more than forty. (4o) years from their
interest than five per centum per an
lum, payable semi-annually or annu- |
lily and shall not be sold by such SUBJ |
livision issuing the same for less than
,ar. Any bonds issued under this Ar |
icle, may be, either in whole or IN |
'art exchanged value for value for
,onds issued, under Article PSI, or TO |
,e issued under said Paragraph 1 Of |
MS Artlcie, or sold and the proceeds |
hereof used for the purpose of pur-
hasing outstanding bonds Before any |
'onds shall be issued under this para |
'raph the issuance thereof shall be |
authorized by a vote OF majority in |
lumber and amount OF the property l
axpayers qualified to vote under the |
and laws of this State who |
ote on the proposition at an election /
eld for that purpose. after due notice |
4 said election has been published, for |
hirty days in the official journal OF /
he parish or parishes in which said |
are located. or where there /
; no official journal. I'm any newspaper /
In auch narish or IA rlalac