The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-10-31
ACT NO. 27e.


House Bin No. 5s7-By Mr.. Jahncke.
JOINT RESOLUTIONS
Proposing an amendment 70 the Constitu-
ton Of the State OF louisiana relative
20 the issuance Of bonds and the levy
ing ing Of 2 special tag e proyide there
for. the administration Of the park,
ana for the sale Of certain property
acquired In connection herewith
Section l. Be II resolved by the General
thirds Of ali the members elected to each
House concurring. That the following
amendment. to the Constitution Of this
State be submitted to the electors Of the
Representatives IN Congress to Be holden
Monday IN November. 1914. toswif:
qu Ass,sls ths 1ont i q ns q
from what is known as West End to
M1lneberg, or such part thereof a. may be
deemed necessary and advisable. as here
be. and 1t is hereby. authorized to issue
bonds to an amount not exceeding e, O00.-
10000, in denominations Of $100.O 90. $500. 90,
with interest at the rate Of IL Der cent cent
per annum thereon, payable semi annual
", and represented 6y coupons to be at
tached to said bonds; and to provide for
Of said bonds. there is hereby levied surl-
nually special tax on all the proper fy.
real and personal. in the city Of New
one mui on the dollar. which shan be col
lected the same as the other taxes due
to the city Of New Orleans and be imn1e-
diately paid to the Board Of Liquidation
shall be held separate. in what shall be
known as the Lake Shore Park Bond
Fund.-" and to establish and administer
said park; there Is hereby created 4 conf
male or female, one from each OF the
Orleans who shall be appointed BY the
Commission Council as soon as this
amendment il adopted; such f1rHt APP.
pointees shall hold Office respectively for
tw and fss s.. fsgr aye six sa
their successors shall be appointed for
the full term Of seven years, and the
Mayor: In making the flrst appointments,
respective appointees. The members Of
said Board shall name and elect their own
ofbcers and shall serve without compcn-
and such clerical assistance as may be
necessary, this to be determined. and the
salaries fixed and paid by the Board Of
Liquidation. which shall also * and pay
penses Of said Board out OF said tax.
The avails Of said tax. in excess Of the
amount necessary to pay the semi-annual
Of the Board as above set forth. shall he
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 reachei
such an amount that the Board deems II
not advisable to hold same longer, and Il
Is not able to purchase said bonds at the
rate above stated. II shall then have the
right to call in any OF said bonds, begin-
ming With the highest number. but at not
exceeding their market value
Said bonds shall be sold at par and ac-'
crued interest all at one time or partially,
as said Board OF Liquidation may deter
mine. The Board herein created shall be
known as the New Orleans Lake Shore
Park Board. and shall have the right 70
purchase such property as may be neces-
eary within the limits above specified. to
establish thereon lake front park. and
to build sea wal1 and to reclaim land
from the lake BY extending the sea wall
into the lake and filing the space between
same and the present shore line, and TO
10 nh 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 acquired
hereunder or reclaimed as may not be
necessary for park purposes, and. In SELL
ing same. to prescribe the conditions nm
der which naIne shall be held by private
owners, with reference to the Character
OF bufldingys sidewalks and other Improved
ho HVorfo<1 fhoro<x,4 01-< 4