St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-10-03
Secretary Of State.
ACT NO. 27s.

" s~-AAs 1850 So ~ SAAAAs
tea % the electors OF the state q
tine next general election Tor repre-
fsentatives IN Congress to De holden
lon the Tuesday next following the
Ihrst Monday IN November. 1914, to-
wit:
Article !. That Tor the purpose
|of acquiring the front OF Lake Font
tchartra1n from what V known O.
West End to Milenbur8. or such part
THEREOF % may be deemed necessary
and advisable, as hereinafter set
forth, the city Of New Orleans be,
and 1t 1s hereby authorized to issue
bonds to an amount pot exceeding
-, OOO, OOO.VO, ~ denominations OF
100000. $4,000, $lOOO.OO, payable
fifty years after date, with interest
at the rate OF LIZ 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 ana
interest OF said bonds, there 10 here
by levied annually q special tax on
all the property, real ana personal,
lin the city Of New Orleans, to the
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 immedi-
ately paid to the Board OF Ltquida-
tion Of the city Of New Orleans where
same shall be held separate. In what
shall be known a. the Lake Shore
Park Fund; and TO estaDasn ana
administer said park. there IL hereby
created a commission Of seven citi-
Gems and taxpayers, male CT female,
one from each OF the Municipal DIS
tricts of the city OF New Orleans, VINO
tshall be appointed by the Mayor OF
the city and confirmed by the Com
mission Council as soon as this
amendment Is adopted; such nrst ap-i
pointee shall hold office respectively
for one, two, three, four, five, SIX
and seven years, and the expiration
of each term. their successors snali
be appointed for the ful terms oI
seven years, and the mayor, n max
ing the first appointments. small des-
|ignate the term OF ONCE Of the re-
|spectiye appointees. The members
OF said Board shall name ana elect
their own officers and shall serve
without compensation. but enall oe
allowed secretary ana sucn cieFlcai
assistance as may be necessary: TINS
to be determined, and the salaries
fixed and paid by the Board OF LlQul-
dation, which shall also fix ana pay
the necessary amounts Tor the otneI
expenses Of said Board out OF sa.d
tax.
The avails OF SAID TAI, ~ e1cess "
the amount necessary TO pay the SEM,
annual interest on sald bonus snu
the expenses OF the board as aDO.s
set forth, shall be invested ~ saau
Board Of Liquidation TOT account q
said fund, or they may pu.cnaso'
|at not more tnan par, Win ~ $50 s ~
plus at any time, anu Iet.,e saau
bonds; ana IT, at any .alne, .. .ne *ha+
plus reaches sucn an aIl .D.aus,s sA -
the Board deems y no. ausasAois ~. !,
hold Same longer, anu ~ - nv NJ. aD ts
to purchase said Donds at tne l ~
above stated, II snail tnen saso .ne
right to call IN any g, saAu uonus'
beginning WIN lhe nle ~. M1 ..a1,sa
but not exceeding tnelI ral ~ $3.50,
Said bonds snait ne solu g re. aau
accrued Interest al az one , .amg -
partially, % fald noa1u r u N pnard
ton may .deterMlne. lnv - t,,e
herein created snaia Oe A nO. 49, os IA
New orleans Lake ono.e q , . ~
and shall nave the Iisn. ~ pulsnass
such property az may De nseossa. :,
within the limits aDove spsclleu, =
establish thereon laAe rom pa.A'
and to build q sea Wall anu W ~