New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-21

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collecting said one mill tax herein Pre-
vided.
Provided that nothing in this Attic
shall be construed SO as to prohibit tt
General Assembly from providing art
ncial limbs to disabled Confedera,
Soldiers or Sailors.
Section 2. Be it further resolved, etc
That this proposed amendment be sub
mitted to the qualified electors of tn
State of Louisiana, for adoption or re
lection at the Congressional election t
be held on the first Tuesday next fol
lowing the first Monday in November
1916.
That the official ballots to be used a
said election shall have printed Thereof
the words; For the proposed amend
ment to Article 300 of the Constitution
of the State of Louisiana relative to thu
pensions for Confederate Veterans" an,
the words Against the proposed amend
ment to Article 300 of the Constitution
OF the State of Louisiana relative to pen
slons tor Confederate Veterans" anc
each electoI shall indicate, as provided
In the general election laws Of the
state, whether or not he votes for OF
against the amendment
HEWITT BOUANCHAUD,
opeaker OF the House OF Representatives.
FEKNAND MOUION,
Lieut.. Gov and President Of the Senate.
Approved: July 5, 1916.
k. q. PLEASANT,
Governor of the State of Louisiana.
A true copy:
JAMES j. BAILEY,
Secretary of State.
ACT NO. ITO.
oenate Bill No. 70 by Leon K. Smith
JOINT RESOLUTION.
Proposing an amendment to the Consti-
tuition of the State of Louisiana, vro-
vlding for the funding OF certain dep.s
OF the City of Shreveport, and judg
ments against the said city, the issu-
ance of serial bonds by said city, pro-
vidlng the purpose for and the manner
in which same may be issued, and
the duties of the City Council of the
City OF Shreveport, with reference
thereto; and the levying by the City
Council of Shreveport of certain txaes
to retire the bonds as issued herein.
by said city. And providing for the
submission of said amendment to the
electors of the State for their approval
or rejection.
be 1t enacted by the General Assem-
oily of the State of Louisiana, two thirds
OF all the members elected to each
branch thereof concurring, that subject
to the ratification and approval of the
electors of this State, the Constitution
Of the State be amended by incorporat-
ing therein, the following provisions, to-
wit:
Section l. The City of Shreveport BY |
! four-fifths vote of all the members of |
he City Council thereof, shall have
power and is hereby authorized to issue
100000 of bonds, or SO much thereof
Is may be necessary, to be styled City
If Shreveport Serial Gold Bonds, and |
% bear such rate of interest as the City
Council may fix from time to time, as
Zach installment of the said bonds is
ffered for sale, as hereafter provided;
aid rate of interest at no time to ex-
Section 2. The proceeds of said
'onds shall be applied to the payment
md retirement of all certificates of in
lebtedness issued by the City of Shreve-
'ort prior to May l, 1916, and to the
'ayment of all judgments rendered
gainst said city prior to May l, 1916.
!
his amendment shall be in such forms,
erms and denominations, and payable
t such times and places, within a per
Cd of not exceeding forty years from
he date thereof, as the City Council of
hreveport shall determine. Said bonds
hall be issued in serial form and shall
e payable In annual installments, com
lencing not more than one year from
heir respective dates, and the INSTALL
'ent payable in each year shall be sol
xed, that when the annual interest s.
dded thereto, the several annual total
of principal and interest to be
aid shall be as nearly equal as prac-
cable.
Said bonds shall be signed by the
[ayor and the Secretary Treasurer of
,e City of Shreveport, and counter
gned by the Commissioners of Ac-
cunts and Finances, and the coupons
lall have the fac-simile signatures of the
[ayor and Secretary Treasurer. I'M
re any such officer whose signature or 1
'unter- signature, who appears on such
bond OF coupon, shall cease to be such
ficer before delivery Of said bond or
upon to the purchaser, such signature I
counter signature shall nevertheless
} valid for al purposes. |,
Section 4. The principal and interest $
all bonds authorized by this amend
emit shall be payable in gold coin of i
z United States of America or its .
uivalent, Of the standard weight and {
leness At the time of the issuance
efeof, and shall be exempt from all '
rms of taxation. .
Section 5. The full faith and credit n
the City Of Shreveport are pledged
: the payment of principal and inter I
of all bonds issued under this amend g
mt. The principal and interest of all Il
nds authorized and to be issued under n
5 amendment, shall be paid out of tax II
Itch shall be levied annually BY the il
~ Coun~i1 IS Ch,>~~~>.< - | .,