St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-10-17
THE ST. TAMMANY FARMER SATURDAY. OCTOBER II 1914


RDAY OCTOBER
Secretary Of State.
! ACT NO. as.
; House Bill No. SGT BY Mr.. Jahnck,
JOINT RESOLUTION.
Proposing an Amendment to the Con
4 stitution of the State Of Louisiana
relative to the issuance Of Bond,
and the levying Of q special tai
to provide therefor by the City o.
+ New Orleans, to create lake shore
park, to provide for the admins
/ tration OF the park, and for The
i sale Of certain property acquired
in connection Herewith.
! Section /. Be it resolved, by the
General Assembly Of the State of Lou.
Iisiana, two-thirds of all members
Ielected to each house c0ncurring
That the following amendment to the
Constitution Of this State be submit
ted to the electors of the State al
the next general election for repre-
sentatives In Congress to be holden
on the Tuesday next following the
first Monday in November. 1914, to-
fwit: q
Article /. That for the purpose
of acquiring the front of Lake Pont-
chartrain from what is known as
West End to Milenburg, or such part
thereof as may be deemed necessary
and advisable, as hereinafter set
<k4 m$t 80 N~1N he
and it is hereby authorized to issue
bonds to an amount not exceeding
| 50, 100000. In denominations Of
10000, $4,000, 100000, payable
fifty years after date, with interest
at the rate of 1 IL 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 and
interest Of said bonds, there is here
lby levied annually special tax on
lall the property, real and personal,
In 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 Liquida-
ton Of the city Of New Orleans where
same shall be held separate, in what
shall be known as the Lake Shore
Park Fund.-" and to establish and
administer said park, there is hereby
created a commission Of seven citi-
Gems and taxpayers. mc.a or female,
one from each of the Municipal Dis
tricts OF the city Of New Orleans. who
shall be appointed by the Mayor of
the city and confirmed by the Com
mission Council as soon as this
amendment is adopted; such first APP
pointee shall hold office respectively
for one, two, three, four. five, six
and seven years, and the expiration
of each term, their successors shall
be appointed for the full terms OF
seven years, and the Mayor, in max
ing the first appointments, shall des-
ignate the term Of ONCE OF the re-
spective appointees. The members
Of said Board shall name and elect
their own officers and shall serve
without compensation, but shall be
allowed q secretary and such clerical
assistance as may be necessary. this
to be determined, and the salaries
fixed and paid by the Board OF Ltqui-
dation, 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 Liquidation for account OF
said fund, or they may purchase,
at not more than par, with said sur:
plus at any time, and retire said
bonds; and IL, at any time, the sur
plus reaches such an amount that
the Board deems it not advisable to
hold same longer, and 1t is not able
to purchase said bonds at the rate
above stated, 1t shall then have the
right to call In any of said bonds,
beginning with the highest number,
but not exceeding their market value.
3 Said bonds shall be sold at par and
accrued interest all at one time or
partially, as said Board of LiQuida-
ton 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 specified, to
establish thereon lake front park,
and to build sea wall and to re-
claim land from the lake by extend
Ing the sea wall into the lake and
filing the space between same and
the present shore lire, and to do all
other work necessary to accomplish
the purposes herein provided Tor.
And said Board shall have the right
TO sell or lease any portion OF the
property acquired hereunder or re-
claimed az may not be necessary Tor
park purposes, and In selling same,
q prescribe the Conditions under
which same shall be held by private
owners, with reference to the chair
acter Of buildings, sidewalks and
other improvements to be erected
thereon. The said Board shall have
the right to lay out and pave, within
tho property herein to be acquired,
streets. avenues and boulevards, and
to arrange for the proper lighting
thereof. No purchase, sale or lease
shall be made under the terms hereof
without the consent Of the Board OF
and the Commission
Of the city of New Orleans,
II any other body that may here
after be in charge of the affairs OF
the city Of New Orleans. The City
Attorney shall be the legal advisor
pf the Board. The Mayor and Com
T1..t.fsn Dwnv&opkv Np INV