St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-09-02
Act No. IS

BY Mr.. Kantz. Chairman, Committee on
City Affairs. Substitute for House
Bill No. 17s, by Mr.. Barrett.
A JOINT RESOLUTION.
Proposing AN amendment to the Con-
s%titution of the State of Louisiana.
power to construct. equip. maintain
and operate. through and by the
Public Belt Railroad Commission of
the City of New Orleans. bridges and
tunnels across the Mississippi River
at or near New Orleans. and to do
various acts incidental thereto and
to the operation generally of the
Public Belt Railroad system of the
City of New Orleans. and providing
for the submission Of said amend
ment to the electors of the State for
Z their approval or rejection.
Section !. Be 1t enacted by the
General Assembly of the State of Lou
isiana. twe-thirds of all the members,
subject to the ratification APPROX
nj Of the electors Of the State. the
Constitution of the State be amended
by Incorporating therein the following
provisions, to-wtt:
ID h City of New Orleans 10
hereby granted plenary and exclusive
power, by such meaas and methods as
It may deem meet and prop not In
conflict with the provisions of this
amendment:
S&y ScADIE eSk, SQOApt AtA1nt4lA
and operate across h Mississippi Riv-
er, at or near New Orleans, bridges
and tunnels for railroad and highway
use. together with all approaches. rail-
read n highway connections. roads.
roadways. railroads. terminals. water
craft and other structures. improve
ments, facilities and accessories there
unto appsrtaining;
(b) To acquire. by appropriation or
otherwise. the property. ownership.
-a~- - A~xr 1A-N. 49,
things necessary for the construction,
equipment, maintenance or operation
OF sny such bridge or tunnel and APP
puYtenancss: and
(c) To lay out, open. close, alter or
change the route of any roadway, non
~nsvigabie stream or drain over which
the approaches of any such bridge or
tunnel. or over which any part of the
Public Belt Railroad system of the
City of New Orleans shall extend.
further hereby granted power, for the
purpose of constructing any such
bridges or tunnels and app~urtenances.
and for the purpose Of acquiring the
lands or other things necessary there
to, to issue it's obligations In such
forms, numbers. denominations and
amounts. at such times and prices and
upon such terms and conditions as to
maturities, rates and payment of in
terest and final redemption as the said
SlIy+ol NEW may dCcAh
able, subject to the following limita-
tons:
(a) Except as may be herein other
wise provided, all such obligations
shall be secured solely and only by
liens and mortgages upon and against
such bridges or tunnels and appurte-
nances, and the lands or other things
necessary thereto, and by a lien and
pledge upon the net revenues derived
from the operation thereof, and shall
be paid therefrom and from no other
source or sources whatsoever, except
as otherwise stipulated herein, and not
by any tax or assessment or levy
upon any taxable property in the City
of New Orleans, nor out of any other
funds, revenues or things OF value Of
said city: the true intent and meaning
hereof being that save and except to
the extent. out of the funds, and in the
manner herein stated. the City of New
Orleans shall never be liable for, MOI
shall it assume. any debt, liability or
obligation incurred or created In the
execution Of the provisions hereof.
(b) During the period of construc-
ton of such bridges and tunnels and
appurtenances, and during such times
as the from the operation
thereof shall not be sufficient to pro-
vide for the interest on, and for the re-
demption of, any and all of the OBJ
legations hereinabove authorized to
be issued, any and all of such obliga.