St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-10-28
PROPOSED
AMENDMENTS
TO THE
CONSTITUTION OF LOUIS
LANA
Adopted at the Session Of the
Legislature of 1916.
To Be Voted On at the Congress
siOnal Election.
Act No. 4
Act No. 4

lie Schools. Parish Of Orleans. 70
spectivsly the issuance OF serial bond
by said city. the purpose for ard tn
and the duties and functions OF tn.
Board OF Liquidation. City Debt, will
reference thereto; and the levyinG b
the City Of New Orleans and thu
Orleans, respectively. Of certain taxe'
for general municipal and school pur
poses; and providing for the submits
tors Of the state for their approval
or rejection.
Be Il enacted by the Genera! Assem-
bly, Of the State Of Louisiana. two-third'
OF all the members elected to each house
concurring. that subject to the ratifica-
the State. the Constitution Of the Stat.
b amended by incorporating therein
the following provisions. to-wit:
Section I. The City Of New Orleans
b. 2 vote Of thrse-fourths Of ~ tn
City Debt, approved by resolution Of the
Commission Council. or its successor a
the governing body Of said municipality
the members Of said council Or govern
ing body. shall have power and 10 here
BY authorised 20 issue Nine Million Dol
lar ($e,eoo.oool Of bonds. to be styled
Bonds" ana to bear such rate Of inter
est ~ the Board Of Liquidation, City
Debt, may fx from time to time a. each
lnstallmsnt Of said bonds 10 offered for
sale - hereinafter provided.
section J. Three Million Dollars (S3.-
ooo.00ol. in par value. Of the bonds au-
+ thorlssd by Section Of this amendment
shall forthwith b sold.
The proceeds Of said three million
dollars Of bonds shall be applied exclu-
the following order:
(aN Thn navnane ~ tha nutatandin~
ana unpaid SCHOOL Tsaohers' Salary
Bonds OF the City Of New Orleans" is
sued under Act No ; Of the General As
the year 1905. which bonds shall be
called for payment and paid as soon a.
O) The payment Of the principal Of
E: e 81 ae tn. Of Pub Il.
.sd.neaS ~ aot. or Of notes oat
standing At the time Of the adoption
Of this amendment to an amount mo-
sand Dollars ($65o.oo0): provided that
In the event that said Indebtedness or
any part thereof shall have been paid
! by said Board out OF its current reve-
amendment. the amount thus paid (not
70 exceed $65o,0O0, however), shall be
paid over in cash to said Board to be
used BY It for school purposes. a. pro-
(e1 The payment Of the sum Of Five
Hundred Thousand Dollars (Ss0o.oeo),
With interest thereon, borrowed by the
~ purposes in the year ISIS: ~ '
(dl The payment Of the overdreft or
ether indsbtedness due by the CITY Of
New Orleans to it, fiscal agents or other
made by thsm to a.id citv of ot h. IT,
those r.ferr.d to In psrs rag; PHI {c5 'e Of
this section, to an amount not exceed
ef One MiIiion Three Hundred and F1f.
Il Thouaand Doliars 1ti.sko ooo1. :ra
(s) The balancs Of said proceede
Board Of LIQUIDATION. en- Bat for ths
oayment Of Public Improvement Garth.
Gates Of the City Of New Orleans, a. t Get
forth in section Of this amendment.
bonds authorised By 1ection OF this
eWendment. or 10 mueh thereof a. mav
30 nscessary, shall 30 sold. from time "a
Ijouida zion. CIV Debt. M w Aet vI y.
IA fhe proceeds az tha ~ thnrao+
shall DO applied By said Board 70 the
psynsns q Pablie 1mproysmsat c:rtin.
lana FOR the year 1908. snd scta n amsnds-
tory thereof. and presently outstandine
q issued q any tine IN payment 81
mont takes effect. It their respecrivs
maturitieo or whom mia maturifies can
b anticipated upon terms satisfactory
- e.id Board.
amendments thereof. a. veil m aii stat.
utss upoa the same subject. and 10
much Of Acts No. l3s and No. so Of
Louisiana for the year 1910. ana other
statutes on the same eubiect maftsr a
may alfeof apply or ncrtsin "a f.. fytv
81 New Orleane. b. al fhe asm. -.
imprcvemsnt C"rt,ncsts e n.H - fi sn,
q he manner provided b. ~" ss,d I. Az es'S Me-
80 Of 1905, and amsndments thereof' IN
payment of any eontranf msds $780,
this amendment takas effect
Section I. The City Of New orle.n.
nay also issue ana negotiate its bonds |
u numbsr and amount Of The property
eaxpayers. who shall havs been assessed |
~ property IN said city - shown by |
s1S asS assessmsnt made prior to the !
s Suxn.oon OF tne proposition to the |
stAs.xi.s au.liasd 70 vote under the
voting 1t n election csnsd by ord, n.1t..
tSS 3 " xpt a. Of ewStnisds Of all
Ill Or lts euceessor al tha ~ov.rntnr
nody OF said CIV of NJ OF ove.n.n$
Vhich ORDINANCE hsfors an ..snh ma
) vote Of three-fourths Of All 1 9be 10y ~
6are Or the hoard cf r.inn;ds tin,, E,.c
Debt Due notice Of said aiaction s ShY
b published for thirty dava In tha On.
Biaf Journal Of said City (four weekiv
for th,rt G1'cs os%s
thirty days intervene between the date
u The first insertion ma fhe ds+e ~
ala slscuonl.
No bonds shall be issued under M.
tor eth ss. ,as
he submission Of fhn nrnnos,tioS -