The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-10-16
Act No. 278
House Bill No b37. BY Mr.. JahncKs.
JOIET RESOLUTION,

therefor by the city of New Orleans.
TO create a lake shore park, to pro-
vide for the administration or inc
park and for the sale or certain
property acquired in connection there-
with.
Section |. Be It resolved by the Cen
eral Assembly of tie state OF Lonisi.
ana two thirds of all members elertei
to each house concurring' mat tne loi-
lowing amendment to the Consututoh
of this State be submitted to the elec
tors Of the State at the next genera
election For Representatives IN Con.
gress to be holden on the lueSdaF neA'
following the First Monday in NoVem-
Der. 19l4. to-wit:
Article |. That for the purpose or ac-
curing the front of Lake Pontchartrath
| from what is known as West thd 70
| Muneherg or such part thereof as may
| be deemed necessary ana adFlsanie, as
| hereinafter set forth, the CITY or Wv
! Orleans be. and it is hereby, authoTiZeh
| TO issue bonds to an amount not tA
| ceedng 81 900. 10000. in denomhatloIs
| OF $4,000. $4,000 100000. payapis
fifty years after date. with interest," d.
| the rate OF IL per cent per aI'tuI'
| thereon payable emi-annually. ana rep
resented by coupons to be attaChfn
said bonds: and TO provide Tor 'he pao,
ment of the principal and interest," W
said bonds. there is herehv ieNleu
nually special tax on all ire pfOpe,y.
| real ana personal. III tilt ''''
| Orleans to the amount Of slX-tentns ".
one mill on the dollar which Sha.a
collected the Same as the other 49, 80
due to the City OF New Orleans ana VI
Immediately paid to the board Oh , t'
uidation of the City OF New orieaus'
where same shall be held separate Ia
what shall be known as the tah'
Shore Park Bond Fund" and to estan-
lish and administer said PARK tne.e
hereby created a commission Oh 500
| ~
one from each of the municipai ute
tricts Of the City of New Orleans WIZ
shall be appointed by the Mayor Oh tiso
ojty and confirmed by the SothIh.
sion Council as soon as TINS a.nen' "haiI
is adopted; such first appointees sina.'
hold office respectively for one wv
: three. four five. six and seven years.
. and the expiration Of each Term,
their Successors shall be appointed LOT
the full term OF seven years, ana tne
, Mayor. In making the first appoint
5 ments shall designate the term or 81 OF
flee Of the respective appotntees Ing
members Of said Board shall name anu
T elect their own officers and shall serEo
4 ! without compensation. but shall ne az
( lowed secretary and such cler,cai as
o sistance as may be necessary TINS 10
: be determined. and the salaries Ithsa
z and paid by the BOARD OF LiouluatloIi'
d which shall also fix and pay the neces
Z sary amounts for the other expenses
v Of said Board out Of said tax.
4 The avaiIs Of said tax. in excess or
r the amount necessary to pay the semi
, annual interest on said bonds ana tus
expenses of the Board as anoVe ee
q forth, shall be invested by said hoarn
e Of Liquidation for account OF said runh'
c or they may purchase. at not more than
a par. with said surplus at any time, ana
y retire said bonds: and II. at any time.
r the surplus reaches such an amour
that the Board deems 1t not advisapie
| 1,oyd
OF 10 purchase said bonds at the rave
c. above stated It shall then have the
~ right to call in any Of said bonds. be.
,e ginning with the highest number. out
TX at not exceeding their market value
10 Said bonds shall be sold at par ana
d. accrued interest all at one time or par
)" TALLY, as said Board Of LIQUIDATION
NAV determine The Board herein ere
o. ated shall be known as the New or,
e leans Lake Shore Park Board. and shaii
nc have the right to purchase such prop.
e, ., erty as may be necessary within tn
10 10. limits above specified. to establish
OF thereon a lake front park, and to buiio
se q sea wall and to reclaim land from the
ny lake by extending the sea wall into IN.
Dol and the present shore line. and 70 az
IN all other work necessary to accomplish
the purposes herein provided for. AM
co. said Board shall have the right TO sci
~. or lease any portion OF the property ac
IN not be necessary for park purposes ana
ne in selling same. TO prescribe the condi
IT. lions under which same shall pe hel'
-, by private owners: with reference -, .
ion and other improvements to be erecte'
rst thereon. The said Board shall hay
the the right to lay out and pave, w'thi,
w. the property herein to be acquired
ub- arrange for the proper lighting thereof
to- No purchase, sale or lease shall b
made under the terms hereof without
'llc the consent Of the Board OF Eiquida
lall tion and the Commission Council Of tn
sue CITY of New Orleans or any other bod
re- that NAV hereafter be in charge of tn
lds affairs OF the city Of New Orleans. tn
'se CITY Attorney shall be the legal ADV
in sor Of tho Board. The Mayor and Com
to missioner Of Public Property. or an
the officers hereafter CT created p ,nct Ttne
ich shall be ex-officio members OF tn
ap- hoard. but without the right to vot
on therein, but may be appointed on con
nth mitlees and shall have the right
this speak and present resolutions at an
for meeting Of the Board.
The engineering work necessary
ted. carry out the provisions OF this amend
De ment Ill be under the supervision
lee. the Ct Engineer. who, however, sha
w. appoint one or more special deputies
the have charge Of the work. same to
'ub- selected by the Board herein create
ZACH and confirmed by the Board Of Liqu
h datfon.
ate Humiliation be of the opinion that
reason of the payment OF some Of Il
nta- now outsta hding obligations Of the CT
of New Orleans, funds will come in
I. ia hands from other sources n
OF pledged to other obligations. more thu
sufficient to provide for the bonds her
in authorized In principal and int
asst. then 1t may, by resolution. decla
that the special tax herein levied is
longer necessary. and thereupon
City Of New Orleans shall cease to c.
Iect such tax: but said tax shall revi
~ At any time, should 1t become necessa
IN order that the Board should ha
sufficient funds to meet the interest
the bonds and the principal, at the m
turity thereof, II same have not he1
tofore been purchased or retired
hareinabove set forth And said Boa
Of Liquidation shall determine. II IT de-
~ advisable what amount 1t shall
aside annually to provide for said SIR
in1 fund; but this right in the Boa
ahall be optional with 1t and need I
hs exercised II the other means REFER
40 for retiring said bonds shall. tn
Judgment Of said Board. be SUFFICE
TO protect the rights OF the hold
thereof :,
Should any property within the II
~ hereinbefore specified be deemed
the said Board advisable for the p
nose herein contemplated, and the Bot
finds that same cannot be purcha
FOR reasonable and Just price. Il
the city Of New Orleans shall have
tight by appropriation proceedings.
ernuirs said property; and said Bo