St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-10-31
Secretary OF State.
ACT No.278.

+ proposing an Amendment to the Con
stitution OF the State of Louisiana
relative to the issuance of Bond.
and the leyying of a special ia,
i to provide therefor by the City Of
New Orleans, to create lake shore
park, to provide for the admins.
tration of the park, and for the
sale of certain property acquired
in connection Herewith.
Section /. Be it resolved, by the
General Assembly Of the State Of Lou
islana, two-thirds of all members
elected to each house concurring,
That the following amendment to the
Constitution Of this State be submit
ted to the electors of the State at
the next general election for repre-
sentatives in Congress to be holden
on the Tuesday next following the
first Monday in November, 1914, to-
wit:
| Article /. That for the purpose
of acquiring the front of Lake Pont-
Ichartrain from what is known as
West End to Milenburg, or such part
| thereof as may be deemed necessary
and advisable, as hereinafter set
forth, the city of New Orleans be,
and it is hereby authorized to issue
bonds to an amount not exceeding
I $3,0OO,O0O.G0, in denominations of
i$1OO.6O, $4,000, 100000, payable
fifty years after date, with interest
at the rate of IL per cent per an
mum thereon, payable semi-annually,
and represented by coupons to be at
tached to said bonds; and to provide
for the payment of the principal and
interest of said bonds, there is here
by. levied annually a special tax on
all the property, real ant rsonal,
amount of six-tenths Of one mill on
the dollar, which shall be collected
the same as other taxes due to the
city of New Orleans and be imnledi-
ately paid to the Board Of Liquida
ton Of the city of New Orleans where
same shall be held separate, in what
shall be known as the Lake Shore
Park Fund.-" and to establish and
administer said park, there is hereby
created a commission of seven citi-
zens and taxpayers, n 9 or female,
one from each of the --unicipal Dis
tricts Of the city of New Orleans, who I
shall be appointed by the Mayor Of
the city and confirmed by the Com
mission Council as soon as this |
is adopted; such first app
peintee shall hold Office respectively |
fer one, two, three, four, five, six
and seven years, and the expiration
of each term, their successors shall |
be appointed for the full terms OF /
seven years, and the Mayor, in max /
ing the first appointments, shall des-
ignate the term Of office of the re- 7
spective appointees. The members
Of said Board shall name and elect |
their own officers and shall serve (
without compensation, but shall be I
allowed a secretary and such clerical /
assistance as may be necessary. this
10 be determined, and the salaries.
liked and paid by the Board of Liaui- /
iation, which shall also fix and pay i
he necessary amounts for the ether I
expenses Of said Board out OF said /
ak.
The ayaiIs of said tax, in excess OF /
he amount necessary to pay the semi
annual interest on said bonds and Z
he expenses OF the Board as above &
let forth, shall be invested by said /.
Board OF Liquidation for account OF I
aid fund, or they may purchase,
It not more than par, with said sur
Illus at any time, and retire said
,onds; and if, at any time, the sur
,luS reaches such an amount that
he Board deems 1t not advisable to
lold same longer, and it is not able
o purchase said bonds at the rate h
hove stated, it shall then have the
light to cali in any of said bonds,
BEGINNING with the highest number,
nut not exceeding their market value.
Said boIfis shall be sold at par and
.ecrued II serest all at one TIME OF
PARTIALLY, IS said Board Of Lsaulda-
ion may determine. The Board
lerein created shall be known as the
Sew Orleans Lake Shore Park Board,
nd shall have the right to purchase
UGH property as may be necessary 4
within the limits above specified, to 4
stablish thereon lake front park,
nd to build sea wall and to re-
lain land from the lake by extend
ng the sea wall into the lake and /
Hing the space between same and
he present shore line, and to do al {
Their work necessary to accomplish
he purposes herein provided for.
md said Board shall have the right q
o sell or lease any portion of the
property acquired hereunder or re-
Iaimed as may not be necessary for
ark purposes, and in selling same,
8 prescribe the conditions under &
ghich same shall be held by private
owners, with reference to the chair
cter of buildings, sidewalks and
ther improvements to be erected &
hereon. The said Board shall hive
he right to lay out and pave, within
he property herein to be acquired, !
treets, avenues and bou1evards, ard
o arrange for the proper lighting
hereof. No purchase, sale or lease {
hall be made under the terms hereof
Without the consent OF the Board OF
liquidation and the Commission ID
,ouncil OF the city of New Orleans, Il
+ any other body that HAY here !
.fter be ID charge of the affairs OF
he city OF New Orleans. The City
attorney shall be the legal advisor
I the Board. The Mayor and Com
missioner OF Public Property, or any
Ulcers hereafter created by other ID
ar,es exercising the same functions,
hall be ex-ofIicio members of the
:oard, but without the right to vote
herein, but may be appointed on
ommittees and shall have the right
o speak and present resolutions at
ny meeting OF the Board.
The engineering work necessary to
AIRY out the provisions OF this t
ufnndmonf shall l,a under the sllrer-