The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-10-24
Act No. 278
House Bill No. 537. BY NJ Iah,ck.
JOINT PESOIJ-TTOS

JUN RESULT IlpN.
proposing an amendment to the Consti-
luton or the State OF OuiSiana rel.
atve TO the issuance OF bonds and
tne IeVyinS OF a special tax - provide
therefor by the CITY OF New Orleans
10 create a lake shore park. 10 pro-
woe for the administration OF the
park. and for the sale OF certain
property acquired in connection there
with
Section I. BE u resolve Nv the Cen
eraI Assembly OF TIE state Of Louisj-
ana. two-thirtS Of all me Hn-s eIaCta
70 each house cOrcurring. That the fol-
owing amendment 10 the Constitution
r this state he SUBMITTED - the ele"-
tors or the State az tho next general
lection for Representatives in Con
'rsss To be holden on the Tuas!av ravt
GLOWING the First Monday in Noven-
1er, 1914. to-wit:
Article I. That for the purpose 81 ac-
uirlng the front OF Lake PO0tCnartrair
rom what IS known as West End to
NlIneherg. or such part thereof as NAV
% deemed necessary and 4'visable. as
'er"lra:ter set forth The Citv 90 New
JrlearS be. and IL is hereby. authorized
70 issue bones to an amount rot eX
'Hellng $1,000. 600 90. in T.HDgn,r atlOUS
= 10000 s5GN % s. GOO rv Tavabls
lrty years after date. WITH interest a.
n" rate or 4 - per cert per a-uuT
'hereon. PAYABLE semi-ar0uaIlv. and rep
es"nted by coupons t. be attached t.
am bonds and 10 provide for The paw
N"nt or the PRINCIPAL am interest %
>flf honfS. there is he~sNv levied an
'nalIy special tax on all the proHertv.
ca! and personal. IN the Cftv Of New
'FIearS. to the amount Of S'V-terths o.
ne MIL on the dollar. which shall he
,"iI"Cted the same as the other taxes
'ue TO the CITY Of New Orleans AMI he
Immediately raid 70 the Board ~ Li0
ildation OF the city Of New Orleans
were same shall Re held separate. IN
,hat sNali, ha known as the "I.aF'
-hore Park ROrd Fund" arH u estab-
'sh and administer said rark. there is
erebN created com mission of sever
tzens and tax payers. male 0r female
VI" from each of N" murlcinal DIS
y riots Of the civ or New Orleans. who
S.all he appoi~rsi by the Mayor Of the
CITY and confirmed bv the Commits
SION Council as soon as this amendment
adonted: such first apnointees shall
.oIu ottice respectively for one. two
ana the expiration OF each term,
thelr successors shall be aDpOinted for
me ruiz term of seven wears. AMI the
NaVor. in making the first appoint
vents. shall DESIGNATE the term OF Of
ice or the respective apn0irtees The
Members OF said Rnarf shall name and
'lect their own Officers and shall serve
without conversation. bur shall he al
owed a secretary AMI such clerical as
S'stan"e as may he necessary, this to
ne determined. AMI the salaries fixed
ord raid ny the BOARD OF LIQUIDATION
Ph'ch snail also fix and nav the ne"es-
Sary amounts for the other expenses
of said Board out OF said tax.
The avai's Of said tax, IN excess Of
the amount necessary TO nav the semi
annual interest on said bonds and the
ATrensPs Of the BOARD as above SET
'orth. shall he invested ny said BOARD
'f Liquidation for account of said fund
NJ they NAV purchase at not more than
>ar. with said surplus at anv tine and
-etire said bonds: and r. at anv time
the surplus reaches such an ar1Ou-t
nat the Board deems II not advisable
IN hold same longer and Il is not able
above stated. II shall than have the
light to call IN anv Of said hords. hA-
with the HIGHEST number. but
II not exceeding their market value.
Said bonds shall be sold at par and
'ccrued interest all at one time or par
tally, as said BOARD OF LIQUIDATION
nav determine. The Board herein Gre
tied shall he known as the New Or
ears Lake shore Park BOARD. and shall
ave the RIGHT to purchase such prop
arty as NAV be necessary Within the
Units above sDecified. to establish
thereon a lake front park and to build
sea wall and TO reclaim land from the
axe nv extending the sea wall into the
md The present shore line. and to do
III other work necessary To accomplish
he purposes herein provided for. Ana
aid Board shall have the right to sell
" lease any portion OF the property ar
'uired hereunder or reclaimed as NAV
'ot he necessary for park nurnoses AMI
n selling same. to prescribe the corIi-
ions under which SAME shan ne he'd
W private owners. with reference tn
he character Of buildings sidewalks
md other improvements to hs erpcteI
hereon. The said Board shall have
he right to Law out and pave. within
he nropertv herein to he ACQUIRED
treet.. avenues AMI boulsrarIs. and 10
france for the proper lighting thereof
VI purchase. sale or lease shall he
made under the terms hereof without
he corsent OF the Roard Of IinuiI4-
ion and the Commission Council OF the |
nat NAV h.rea Fter he in charge of Tho |
rairs OF the citv Of New Orleans The |
'ity ATTORNEY shall be the legal advi- |
or Of the Board The MAYOR and Com
fficers hereafter created nv other
ames exercising the same functions |
hall be ex-offirio members OF the |
board. but without the r'oht TO vote |
herein. but NAV be appointed on com
rittees and shall have the right to |
peak and present resolutions at any
Meeting of the Board
TIE engineering work necessary TO |
AIRY out the provisions OF this amend. |
nent shall be under the supervision OF |
ne ivy engineer VINO, however, shall |
ppoint one or more special deputies TO |
ave charge OF the work. same to be
elected by the Board herein created
nd confirmed by the Board OF Liqui-
alton.
Should. at any timeI the Board OF
be OF the opinion that. by
eason OF the payment of some Of the
ow outstanding obligations OF the City
Z New Orleans. funds will come into
8 hands from other sources not
lodged to other OBLIGATIONS. more than
efficient to provide for the bonds here
I authorized. in PRINCIPAL and inter-
81. then II may. by resolution. declare
nat the special tax herein Ievie1 is no
1neer necessary, and thereupon the
ity OF New Orleans shall cease TO COL
ct such tax: but said tax shall revive
/ anv time. should IL become necessary
order that the Board should have
efficient funds to meet the interest on
he bonds and the principal, at the ma
lrity thereof. n same have not here
1fore been purchased or retired as
ereinabove set forth. And said Board |
Z LIQUIDATION shall determine. IL Il deem
advisable. what amount II shall SET
side annually to provide for said sink
ig fund: hut this right in the Board
. exercised IL the other means referred
for retiring said honHs shall in the
alignment OF said Board. be sufficient
, protect the rights OF the holders
lereof.
Should any property within tNe lin.
s hereinbefore specified be deemed by
,e said board advisable for the pur-
1se herein contemplated. and the BOARD
nds that same cannot be purchased
,r a reasonable and just price. then
re City of New Orleans shall have the
ght. by appropriation proceedings. to
SQUIRE said property; AMI said Board
1all have the right TO receive any OF
lid property by donation or benuest.