The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1916-09-16


=. ~ -, e. - re hedge!
for - -ay,Sa,t,@ ~. rr,n.tyaI and in
TO- - - Sss,-.4 Under this
IL ~. ''' "'''-S
o.. d. ....-..,-,1 - ,r,o-as- % all bonds
... a. -. rss.a9 under
--.. .',-r 10 -.arE primarily
. az - -.. ,..T-r'-s
~. f..- ~ v.rtrr Zee
,.-. ~ F... r.a.-.rel FOR the sup
- ,-.... ~ ne .vs!.~
.. .. ~. us levied under and
.. .-.a .v 49,. -. no ~ rho Gem
... ..-......... DID,. -... stat. .t Louis. t..1,
o.. .... AMI --f.c...-,.t.v
-... ~ % constitution ut f.'S
81. . ... ...-.- f.r-.ar- g. .a-N.
... ...... . -tr one -.. .-af aert
... ...-. ...r-.. I'D levied .....Ha- hut 80.
.. ?. o.. r.-.. r.... TX a.t-
...... . .,.. ......f ...t.r A., So.
. ... ....r. A-I--rtIr ~ '.. stat"
... I. . .r- H.. YEAR Is.. v''rr
.... ... ....- released ar.l r.r-f t~nrl
... ...... ..r..~ nv mo. calling -.r -r-
..... .. -.. rag-u.ut .r ... .."'s"
.. amy part Dt 'Ee bonds EXISTING
.- r.. .r.. n -" a."rt... "i '".9
.... ..... . provided that IT -" anus
....... ....t r.@ sources ti"F"-t.i 7...'..
Pc. .......t .. amy ONE F-a- e. pay
'.. r,....f-I and interest "' IL" .''..''
..-..H under n. $ amendment ana Ten
.s'.'....r- a.H unpaid. coz n '"r any
.t..-. f..r. ..... 'Ht p" lt.@7 "ti'''-
gr..l.s % ur a.r.'auI" for =.ru purpose.
... '.'" .. Ne" orleans siatI .''E d.,
nv .... SD taxable property IA s...!
...r -.".....' 2" rrH.l4@ I"T any '.h
.......... and provided further 49,.
..'. '.." .....-..' one per cent ''''
'aN AND ~. wall. water ana ~"W'r TAX
...I .r.-. q. boo .nr. led, a." city "i
Sew 's.. s.t. levy "a tx .i.nN an
'aAt'.. I..aer'. H.. sad CITY Si.t..rIl
p. r.v r.- principal and interest OF
-..l bonds rs they respectively become
aa..
Section 6. J. IS hereby intended NAV
all existing dedication and "II'"HTl'-
tons ut said u'" I-r cent t"nt tax 'H-
t.ur.z.l ~ said Act NJ IL" "t 1880 f'N-
opt with respect 70 the said "ue-ha't
OF tho surplus OF ~" on" T.r cont debt
| tax therein GedIcat ted 20 puu'I, -rNoolsD,
and ~ s... tw"-i... wl'"r a'.t s'"cr
r.n authorized Hv said Act SO. or
$3.50. -t.. Ho respected ana performed
r..ur,'..- % %" rr.ar!r..@ hv -.l.t stat
..r.- established. that all ~ that portion
. .t .lt funds resulting from tn, levy of
said taxes which shall be released from
sal. Hrnrurgsatrn.- and dril"Ht."HH ~
'tt. I.gruc.t satisfaction or r"fI' ing
.r ..,., of tho H.-..l,I debit ohi.-.'.uuS
NOW CHARGED thereon an. tN"rs-a -a-nSt
SHALL -...t..r with the uur-naIf ~ the
surplus ot tho one per cent debt lax
heretofore dedicated % publ" school
purposes he used and applied - me
payment OF the principal and interest or
nh larGs ISSUED under this amendment.
that any residue thereof remaining after
the payment ot the principal and inter
est in any one year or bonds authorized
hy this amendment shall be turned over
! 10 the city OF New Orleans. TO b" used by
IL for General muu!,Ipal purpose: but
when, and 20 the extent that the oniIEa-
| tiors now charged on SAID taxes shall be
! psit satisfied or refunded SAID raI-r
! Shall be rr'oa -ei from sa.d obligations,
! and. ultimately. when entirely released
! and disrHa~-~i. shall ceaS. % h- levied d.
/ and. that thereafter. any and all bonds
! issued ulIar this amendment shall he
provided Tor by tax upon all taNahl"
! property in the city Of New orleans
sufficient To- pay the principal aai m
torcSt Of said bonds as they respectively
( become due, provided. however. that. IN
I the event the funds hereluan"N" special
/ ~ dedicated for the Tavmeut Of tn"
/ principal and interest or ~" bonds is
/ sued under this am"nament should prove
| Insufficient. the city OF \"w Orleans
shall. and Il ID hereby required To-. levy
| ~ every such instance tax upon all
/ taxable property in the city Of New or
leans necessary u pay the principal
and interest Of SAID bonds.
Section Q The pT.ncipal and interest
meut shall be PAYABLE in gold coin Of
| rI. I'rtt,d states OF America. or its
! .,r;iyal.ut. OF the standard OF weight
! aud ,iucrcSs At the time Of the issuance
! SaiI bonds shall be exempt from all
! taxation for state parish. municlpaI or
! other local PURPOSES
! Savings banks. tutors Of minors crIra-
| tors of iuteraictS trustees ard other
| fiduciarioS may invest the funds in their
/ hand in said bonds.
| Said bonds may he used for deposit
with any officer. board. municipality. or
! other political subdivision of the state
! OF Lou Sidua in any case where 10y pres
! cut or future laws deposit or security Is
/ required.
| Said bonds may he registered and re-
! leased from registry under such rules
! as the Board OF Liquidation, city Debt,
/ l. ~