Lower coast gazette., 1914-10-24

. LII luc NOIlS
Against therNew Orleans Public Schoo
Bonds Amendment ~; and each olector
shall indicate his vote on the PROMISED
amendment as provided by the general
election laws of the State.
L. L. THOMAS,
Speaker OF the House of Representatives.
THOMAS G. BAERET,
Lieutenant Governor and President of the
Senate.
Approved: July 8, 1914.
l.. h. HALL,
Governor of the State of Louisiana.
a true copy:
AL\IN Il. HEBERT,
Secretary of State.
ACT No. 27S
House Bill No. 537. By Mr., ,Jahncke
JOINT RESOLUTION
proposing an Amendment to the Con-
slIlutlon Ut the Stale OF Louisiana rela-
tVe to the ssuaGlc OF bonds and the
leNylllg OF Il special tax to provide
therefor by the City OF New Orleans.
to'create Il lake shore park, to provide
lOf Inc administration OF the park, ana
Tor TIE sale OF certain property ac-
CURED III connection Herewith.
Section !. BE it resolved, by the Gen.
eral Assembly OF the State OF Louisiana.
tWo-thlids OIL all members elected to each
mouse cOncurrlng, that the following
amendment to the Constitution OF this
state be submitted to the electors Of the
| Stale M mo nnNf Unnnrn ,,..t,,, 80,
representatives III Congress to be holden
On the tuesday next following the first
MONDAY In November, .l3l4, tu-wlt:
Arllcle l. That LOT the purpose of
acquiring the front Of Lake i'Ontcnartralp
lrolE what is known as West End to
Mlllleburs, or such part thereof as NAV
Oe deemed necessary and ADVISABLE, as
hereinafter set torth, the city OF New
Orleans be, and it Is hereby, authorized
10 issue BONDS 10 an amount not exceed
ing $o,OUO,OUU.W, Ill denominations OF
sloO.Vt, SoOO,VO, $l,OOO.UU, payable fifty
years after date, with interest at the
rate OF 4l/Z per cent per annum thereon,
payable ~selnl-annuall!, and represented
Dy coupons to be attached to sad bonds !:
ana to provide for the payment of the
princlpai and interest OF sand bonds. there
IS hereby levied annually a SPECIAL tax
Oh all property, real and personal, III the
city OF New Orleans, TO the amount OF
sl2-tenths OF one mill OF the dollar. which
shall be collected the same as the other
taxes due to the city OF New Orleans and
De immediately paid to the Board OF
Liquidation OF the city Of New Orleans
where same shall be held separate. IN
what shall be known as the Lake Shore
fark Bond FUND; and to establish and
administer SAID park, there is hereby Gre
ateu a. COMMISSION OF seven citizens and
taxpayers, male or female, one from each
OF the Municipal districts OF the city
OF New orleans, who shall be appointed
Dy the Mayor OF the city and confirmed
by the Commission Council as soon as
this amendment IS adopted: such first
a%ppolntees shall hold office respectively
Tor one, two, three, four, five, six n
seven years, and at the expiration OF each
term, thelr successors shall be appointed
for the full term OF seven years, and the
Mayor, III making the first appointments,
shall designate the term of ONCE of the
respective appointees. The members OF
said Board snail name and elect their
own officers and shall serve without COM
pensatlon, but shall be allowed a secre-
tary aud such clerical assistance as may
be necessary, this to be determined, and
the salaries fixed and paid by the Board
OF Liquidation, which shall also fix and
pay the necessary amounts for the other
expenses OF SAID Board out of said tax.
The avails Of said tax, in excess OF
the amount necessary to pay the semi
annual interest on said bonds and the
expenses Of the Board as above set forth,
shall be invested by said Board of Liqui-
dalton for account of said fund, or they
may purchase, at not more tnan par,
with said surplus at any time, and re-
tire said bonds; and if, at any time the
surplus reaches such an amount that
the Board deems it not advisable
to hold same longer, and it is not
able to purchase said bonds at the
rate above stated, it shall then have the
right to call in any of said bonds, begin
ming with the highest number, but at
not exceeding their market value.
Said bonds shall be sold at par and
accrued interest all at one time or par
italy, as said Board of Liquidation may
determine. The Board herein created
shall be known as the New Orleans Lake
Shore Park Board, and shall have the
right to purchase such property as may
be necessary within the limits above speci-
fled, to establish thereon a lake front
park and to build a sea wall and to
reclaim land from the lake by extending
the sea wall into the lake and filling
the space between same and the present
cl,Dro Limo opl fn do oil n%hou ,,nu1, ,.n,
sary to accomplish the purposes herein
provided for. And said Board shall have
the. right: to sell or lease any portion
of the property acquired hereunder Or
reclaimed as may not be necessary for
park purposes, and, in selling sane, to
prescribe the conditions under which
same shall be held by private owners,
with reference to the character of build
ings, sidewalks and other Improvements
to be erected thereon. The said Board
shall have the, right to lay out and pave,
within the property herein to be &C
CURED; streets, avenues and bouleVards,
and to arrange for the proper lighting
thereof. No purchase, sale or lease shall
be made under the terms hereof with
out the consent of the Board of Liqui.
dation and the Commission Council of
the city of New Orleans, Or any other
body that may hereafter be in charge of
the affairs of the city of New Orleans.
The City Attorney shall be the legal
advisor of the Board. The Mayor and
Commissioner of Public Property, or
any officers hereafter created by other
names exercising the same functions, shall
be ex-oficio members of the Board, but
without the right to vote therein, but
may be appointed on committees and
shall have the right to speak and present
resolutions at any meeting of the Board.
The engineering work necessary to
carry out the provisions Of this amend.
msent shall be under the supervision of
the City Engineer, who, however, shall
appoint one or more special deputies to
have charge of the work, same to be
selected by the Board herein created and
confirmed by the Board Of Liquidayion'
Should, at any time, the Board of Liqui-
dation he of the opinion that, by reason