The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-10-03
ACT NO. Pa.


House Bill No. 5s7-By Mr.. Jahncke.
JOINT RESOLUTION
Proposing an amendment to the Constitu-
ton OF the State Of Louisiana relative
70 the Issuance Of bonds and the levy
for by the City Of New Orleans a to
create lake shore park, to provide
for the administration OF the park.
ana Tor the sale Of certain property
acquired in connection herewith.
Section /. Be II resolved by the General
Assembly Of the State of Louisiana, two
thirds Of all the members elected to each
House concurring. That the following
State be submitted to the electors or fhe
State at the next general election for
representatives in Congress to be holden
on the Tuesday next following the first
MONDAY in November, 1914, to-wit:
Article 1. That for the purpose OF ac-
quirfng the front OF Lake Pontchartrain
from what is known as West End to
deemed necessary and advisable as here &c
inafter set forth. the city Of New Orleans
pc, and 1t Is hereby. authorized to issue
n bonds as to an amount not exceeding SO. 000,-
Vvo;Vv' In denominations of $4,000. $500 co.
y; 10000. payable fifty years after date.
with interest at the rate OF 1-2 per cent
per annum thereon, payable semi -annual-
y, ana represented pres; by coupons to be at
the payment of the principal and interest
OF said bonds. there Is hereby levied an
nuaiiy special tax on all the proper ty,
real ana personal. In the city of New
Orleans, to the amount OF six-tenths OF
one mill on the dollar. which shall be COL
iected the same as the other taxes due
diately paid to the Board Of Liquidation
OF the city Of New Orleans where same
snan be held separate. in what shall De
known as the Lake Shore Park Bond
said park. there is hereby created a com
mission OF seven citizens and Taxpayers
male or female. one from each of the
who's sha Be shs Sty q f. New
Mayor OF the city and confirmed by the
commission Council as soon al this
Is adopted; such first APP
one. two, three four, FIVE. SIX and seven
years and at the expiration of each term.
their successors shall be appointed for
Mayor. in making the first appointments
shall designate the term Of office OF the
respective appointees. The members Of
said board shall name and elect their own
sation but shall be allowed secretary |
ana such clerical assistance as NAV he
necessary, this to be determined. and the |
Liquidation, which shall also fix and nav
the necessary amounts for the other ex- |
penses Of said Board out OF said tax.
,, Inc ayais Of said tax. II excess Of the
interest on said bonds and the eypenses /
of the Board as above set forth. shall I've
invested by said Board of Liquidation for |
account OF said fund, or they may pur- |
chase, at not more than par, with said |
surplus at any time. and retire said bonds. |
and II. at any time. the surplus reaches
such an amount that the Board deems IL I
not advisable to hold same longer and il |
g not able to purchase said bonds at the
ate above stated. II shall then have the
light to call In any OF said bonds begin
ing with the highest number, but at not /
their market value. l
Said bonds shall be sold at par and ac- I
,rued interest all at one time or partially. |
- said Board of Liquidation may deter,
nine. 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 neces- /
AIRY within the limits above specified To |
establish thereon a lake front park and |
% build sea wall and to reclaim land |
rom the lake by extending the sea wall (
INTO the lake and filling the space between I
!ame and the present shore line and to /
10 all other work necessary to accornplish /
he purposes herein provided for and said |
Board shall have the right to sell or
ease any portion Of the property acquired
hereunder or reclaimed as may not be |
necessary for park purposes. and, in SELL \
ng same. to prescribe the conditions un- 4
Ter which same shall be held by private I
3wners. with reference to the Character
u buildings, sidewalks and other Improve !
ueuts to Be erected thereon The naid 1