The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-09-18
Act No. 278
House Bill No. 637. BY Mr.. JahnCke.
r1AI MN prcnI I-nInN

ZIG lev vlUS Vi d special IAN ~ ploN ihu
therefor by the City OF New Orleans.
to create lake shore park, to pro-
vide for the administration of the
park. and for the sale of certain
property acquired in connection there
with.
Section I. Be 1t resolved by tho Cen
eral Assembly Of tire State of Louisi-
ana. two-thirds of all members elected
to each house concurring. That the fol-
lowing amendment to the Constitution
of this State be submitted to the cleo
tors OF the State at the next general
election For Representatives. in Con-
gresS to be holden on the Tuesday next
following the First Monday in Novem-
Der, 1914. to-wit:
Article !. That for the purpose of ac-
curing the front of Lake Pontchartra!n
Milneberg. or such part thereof as may
be deemed necessary and advisable, as
hereinafter set forth, the City of New
Orleans be. and it Is hereby. authorized
TO issue bonds to an amount not ex-
ceeding S3.000,000.00, in denominations
Of $4,000. $4,000, 100000. payable
fifty years after date, with interest at
the rate Of Ia per cent per annum
thereon. payable ssmi-annually. and rep
resented by coupons to be attached to
said bonds: and to provide for the pay.
ment OF tho principal and interest OK
sad bonds, there Is hereby levied an
nually a special tax on all the property,
real and personal. in the City of New
orleans. to the amount OF six-tenths or
one mill on the dollar. which shall be
collected the same as the other taxes
due to the City OF New Orleans and ba
Immediately paid to the Board OF Liq-
uidation OF tho City Of New Orleans.
where same shall DO held separate. In
what shall be known as the Lake
Sh0fn ri nd m ectah-
!ish and administer said park, there Is
nereoy created a commission or seven
citizens and tax payers, male 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 Commits
sion Council as soon as this amendment
is adopted; such first appointees shall
hold office respectively for one, two.
three. four. five. six and seven years.
ana the expiration of each term,
their successors shall be appointed for
the rull term Of seven years. and the
Mayor. in making the first appoint
lice OF the respective appointees. The
members Of said Board shall name and
elect their own officers and shall serve
without compensation. but shall be al
lowed a secretary and such clerical as
ISSUANCE as may be necessary, this to
be determined. and the salaries fixed
and paid by the Board Of Liquidation.
which shall also fix and pay the neces-
sary 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 surplus at any time. and
retire said bonds: and If. at any time.
the surplus reaches such an amount
that the Board deems 1t not advisable
20 hold same longer. and II is not able
10 purchase said bonds at the rate
above stated. 1t shall then have the
right to call in any Of said bonds, be,
1t not exceeding their market value.
accrued interest all at one time or par
tally, as said Board Of Liquidation
may determine. The Board herein Gre
ated shall be known as the New Or
leans Lake Shore Park Board, and shall
have the right to purchase such prop
srty as may be necessary within the
thsreon iaks Hont p4rk. and to build
Z sea wall and to reclaim land from the
lake by extending the sea wall into the
lake and filling the space between same
and the present shore line, and to do
all other work necessary to accomplish
the purposes herein provided for. And
said Board shall have the right to sell
or lease any portion Of the property ac-
CURED hereunder or reclaimed as may
not be necessary for park purposes. and.
In selling same, to prescribe the condi-
tions under which same shall be held
by private owners. with reference to
hA Oho ne 40 A,,nI
and other improvements to be erected
thereon. The said Board shall have
the right to lay out and pave, within
the 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 Liauida-
ton and the Commission Council Of the
City Of New Orleans or any other body
that may hereafter be in charge of the
AFFAIRS Of the city Of New Orleans. The
City Attorney shall be the legal advi-
sor Of tho Board. The Mayor and Com
officers hereafter created by other
names exercising the same functions.
shall be ex-officio members of the
Board. but without the right to vote
therein. but may be appointed on COM
mittees and shall have the right to
speak and present resolutions at any
meeting Of the Board.
The engineering work necessary to
carry out the provisions Of this amend
the G. ! Engineer, who. however, shall
appoint one or more special deputies to
have charge OF the work, same to bs
selected by the Board herein created
and confirmed by the Board Of Liqui-
dation.
cLo,,a - on,, <tx,. A.. 49,, "a
Liquidation be Of the opinion that, By
reason Of the payment Of some Of the
now outstanding obligations Of the City
Of New Orleans. funds will come into
its hands from other sources not
pledged to other obligations. more than
in authorized. in principal and inter-
est. then 1t may. by resolution. declare
that the special tax herein levied is no
longer necessary. and thereupon the
City Of New Orleans shall cease to COL
lect such tax; but said tax shall revive
at any time. should 1t become necessary
in order that the Board should have
sufficient funds to meet the interest on
the bonds and the principal, at the ma
turity thereof. II same have not here
tofore been purchased or retired as
hereinabOve set forth. And said Board
Of Liquidation shall determine. If it deem
1t advisable; what amount 1t shall set
ABluo W piVNiuO iOT Sdtu Silk
ing fund; but this right in the Board
shall be optional with It and need not
be exercised II the other means referred
10 for retiring said bonds shall, in the
Judgment Of said Board be sufficient
to protect the rights Of the holders
thereof
Should any property within the lin.
Its hereinbefore specified be deemed BY
the said Board advisable for the pur-
pose herein contemplated. and the Board
finds that same cannot be purchased
for a reasonable and Just price, then
the City OF New Orleans shall have the
right, by appropriation proceedings. to
acquire said property: and said Board
shall have the right to receive any OF