St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-11-04
PROPOSED
AMENDMENTS
TO THE
. CONSTITUTION OF LOUIS
LANA
Adopted at the Session Of the
legislature of 1916.
To Be Voted On at the Congress
si0nal Election.
Act No. 4

Of the Board Of Directors Of the Pub.
lilo Schools. Parish OF Orleans. re-
0peotivsly the issuance Of serial bonds
manner in which same may be issued
and the duties and functions of the
Board Of Liquidation, City Dsot, with
reference thereto; and the levying BY
Board Of school Directors. Parish Of
Orleans, respectively. OF certain taxes
for general municipal and school pur-
poses; and providing for the subm1s'
sion Of said amendment to the cleo:
tors Of the State for their approval
Or rejection.
Be 1t enacted by the Genera! Assem-
bly, Of the State Of Louisiana. two-thirdl
Of all the members elected to each house
concurring, that subject to the ratifica-
tho sn sRe Of the Stat:
b amended by incorporating therein
Section 1. The City Of New Orleans
By q vote Of three-fourths Of all the
members Of the Board Of Liquidation
connm n ap douncii. Or it, SUCCESSOR a.
the governing body Of said municipality.
adopted by q vote Of two-thirds Of all
the members Of said council or govern
81 authorised to issue Nine Million Dol:
lars ($S.o0o.000) Of bonds, to be styled
'-City Of New Orleans Serial Gold
Bonds" and to bear such rate or inter-
ct - the Board Of Liquidation: CITY
installment Of said bonds 10 offered for
sale 40 hereinafter provided.
Section 3. Three Million Dollars (S3.-
o0o, 10000, In par value, Of the bonds au-
thorized by Section Of this amendment
shall forthwith be sold.
dollars Of bonds shall b applied exclu-
sively to the following purposes and In
the following order:
ia = sai
.s:S .s q n: e e S;S 4.
the year 1905. which bonds shall be
sIs.,. for payment and paid as soon a.
che boating indebtedness Of the
Board Of Directors Of the Pub
evidenced ~ note or notes out.
standing At the time Of the adoption
exceeding Six Hundred and Fifty Thou
qand Dollars (S660.000): provided that
10 the event that said indebtsdness or
b said gSs1a out Of ss
amendment. the amount thus paid mot
20 exceed 3sS0.o00. however). shall be
paid over In cash TO said Board to be
used b i for school purposes. ~ pro-
Is his payment Of the sum Of FIVE
Alnlred Thousand Dollars ($B0o.0o0).
Nth interest thereon. borrowed by the
CITY Of New Orleans for storm smersen-
(d) Tho payment Of the overdraft or
ether lndebtedness due BY the City Of
New Orleans to its fiscal agents or other
banks reprsssnting leans or advances
e: ?. sa:% e i e Sts'f o
lhis section. to IN amount not exceed
11g IN principal and interest the sum
ef One Million Three Hundred and FIJI
%Ss oaisnes = ia proc sad
Board Of Liquidation. CITY Debt, for the
payment o. Public improvement Certifl-
Il Il E: q Mi III: .''
beads sstsorissd By ssetion Of Of this HE
Q100dmone, or % much thereof n may
ga {. ssah snoSnt: = the Board Of
ead the Dfoossde Of the sale thereof
shall b applied By said Board % the
ss{ss entherissd s ~ t. At Nc. se Of the
General Assembly Of the STATE Of Louis-
iana for the year 1908. ana acts amends
tory thereof. and presently outstanding
.ss:a & a. t s:o4. :. s :%sn q
msnt takes effect at their respective
matuFities or whom said maturitiss can
= antseipatsd upon farms satisfactory
ssid Aot No. So Of 1908 and all
amendments thereof. a. well ~ all stat
oeee upon the same subject. ana %
1nea Of Acts No. 13s and No: 80 Of
Louisiana for the year 1910, ana other
statutes on the Same subject matter, 80
!aeZ a6scS apply Or pertain to the City
e1 New Orleans; b ana the Same are
nsssCy :. Rnns
- the manner provided by said Act NO.
% Of 1905. and amendments thereof. in
payment OF any contract made before
section !. The City Of New Orleans
may also issue ana negotiate its bonds
when authorised BY Q vote Of . majority
IN number and amount OF the property
Tor property in said city 81 shown By
The hast assessment made prior to the
submission Of the proposition to the
eeid property taxpayers and who are
and laws q . ahs' state TT:
voting ct an election called by ordinance
adopted BY vote Of two-thirds Of all
the members Of the Commission Coun-
?, Of =: a ely of New the
which ordinance before any such cleo
ton 10 ordered shall be also adopted by
vote Of three-fourths Of all the meme
psbt Due notice Of said election shall
b published for thirty days in the ON
eda1 journal OF said city (four weekly
lnecrtions OF said notice constituting .
RcSlication for thirty Gays. provided
81 he first insertion and the date Of
No bonds shall bs issued under this
section Tor any other purpose or for
Tho submission Of the proposition to
e Section e1 { n cas-. of IRE, Hood. pes
eilenee storm or ether public calamity.
power. By . two-thirds vote Of all the
Of the Commission Council. or
~ successor a. the governing body Of
aid city. eoncurred In by q three
;curths vote Of al the members Of the
borrow money and issue and negotiate
Thousand Dollars ($sOo, 0OO),
- shall be necessary In any one such
ssesion /. For I'll. purpose or -.
SnS,ss q, or y, any part q tn. s9.ssa
.xistine q the time Of tho adoption Of
his amsndment, bonds may from time
= dne hs Issued and negotiated. When
NY OK the Issues OF the bonds OF SAID
ltty outstanding at the time OF the adop-
hon Of this amendment shall become
lallabae according to their terms or sns
totutse under which they are respec-
4YolY issued. or when the consent Of
e1s a.. 81 OF he Bo.rd OF
lu10at1on, City Debt shall have the
a0ht In its discretion to call and pay
ny one or more Of said Issues Of bonds
nd shall be authorised by resolution
luly adopted to issue and Negotiate
Dondq TO provide the funds Necessary
p that purpose: provided h0Wevoe,