The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1916-09-16

near New Orleans bridges and tunnels fol
railroad and highway use, together with
all approaches. railroad and highway con-
neetions. roads. roadways. railroads. ter
improvements. facilities and accessories
thereunto appertaining;
I'D TO acquire, by appropriation or
or possession OF any lands or other things
necessary for the construction equipment,
maintenance or operation of any such
or1cse T or tunnel 5sn and appurtenances: and
change the route of any roadway. nom
navfgable stream or drain over which the
aT oys nc Of any such bridge or tunnel
Railroad system Of the City of New Or
leans shall extend.
t2l The city, Of New Orleans is further
constructing any such bridges or tunnels
and appurtenances and for the purpose OF
acquiring the lands or other things neces-
such forms. numbers, denominations and
amounts, at such times and prices and
upon such terms and conditions as to
and final redemption as the said Civ OF Of
New Orleans may deem advisable subject
to the following limitations:
(al Except as may be herein otherwise
provided, all such obligations shall be
secured solely and only by liens and mort
cages upon and against such bridges or
tunnels and appurtenances, and the lands
a lien and pledge upon the net revenues
OArrSS from the operation thereof and
snail be paid therefrom and from no other
otherwise stipulated herein, and not by
any tax or assessment or levy upon any
taxable property in the City of New
Orleans Orleans nor out Of any other funds.
the true intent and meaning hereof being
tnat save and except to the extent, out
OF the funds. and in the manner herein
never be liable for, nor shall it assume,
any debt, liability or obligation incurred
or created in the execution Of the pro-
(b) During the period of construction of
such bridges and tunnels and appurte-
nances and during such times as the
revenues from the operation thereof shall
not pc sumclent to provide for the interest
on, and for the redemption or, any and all
OF the obligations hereinabove authorized
70 be issued, any and all of such obliga-
all accrued Interest shall be paid from the
net revenues Of the Public Belt Railroad
system OF the City OF New Orleans to such
extent ;ns as; as may be required, after proyid-
179 of the General Assembly of the State
of louisiana, session Of 1905, for the pay
ment OF the principal and interest Of any
1908, whether heretofore or hereafter
issued.
(s) ANY bridges or tunnels and appur-
or operated by the city Of New
orleans under the authority hereby con-
ferred, and all other property acquired by
me city OF New Orleans under the pro-
visions OF this amendment, shall form and
are hereby constituted an integral part OF
the Public Belt Railroad system, as ii now
or as II may hereafter exist. which said
authorized to extend and operate in and
beyond the Parish of Orleans: and the
Public Belt Railroad Commission of the
City OF New Orleans is hereby vested with
Public Belt Railroad system as well as
with respect to such bridges, tunnels, ap-
purtenances and property. their acQuisi-
fnent as are now vested in said Commits
sion by Act No. 179 of the General AS
sembly OF the State Of Louisiana, session
as presently estabiished dhc 'e''
The Public Belt Railroad Commission is
hereby authorized without prior authority
" tt tseTsf t~ BY the GOmmissio
,xpend out of any of its revenues and for
he purpose of constructing such bridges
pr tunnels a sum not to exceed twenty
however, that all Disbursements
beyond said sum shall be made only after
hey shall have been first authorized and
itpprovei py the Commission Council Of
(4 The Public Belt Railroad Commits
ZION, under such terms and conditions as
may deem advisable, shall have the |
inuous movement. for any railroad, trains |
)yer such bridges or through such tunnels
md over the main lines Of the Public Belt
ta ad to the depot or yard Of sail rail-
lnion terminal Of the Public Belt Railroad
ystem; IT being understood that the sole |
purpose OF this provision Is to facilitate |
ne movement OF trains entering the City
4 New Orleans on the east or west bank |
4 the Mississippi River. Under no condi--I
ion can the Public Belt Railroad Com |
abroad over the Pubic Belt Railroad ii
ystem.
(5) Any bridge or tunnel constructed
nd any appurtenances thereof and any |
ands or other things necessary thereto,
cquired or constructed under the pro-
isions of this amendment. and any and |
u property leased to or by the City Of /
during Ga the e 81 the OF es ss
nall be exempt from every form of tax
ton, special assessment or license, and
nan In no manner be hyPothecated, leased
les for the Public Belt railroad system.
T to otherwise advance and carry out the
(e( The provisions Of this amendment
hall constitute contract between the
olders Of any and all obligations issued
hhere G; the state OF Louisiana and
Cd None OF the provisions OF this amend
lent shall be construed or interpreted 80
$ to conflict with the provisions Of Act
10. OF the General Assembly Of the
tate OF louisiana. session Of 1916, being
Joint Resolution proposing an amend
tent to the Constitution of the State pro-
iding for the funding of certain debts Of
ne City OF New Orleans and Of the Board \
I directors OF the Public Schools. Parish
orleans, respectively, nor as repeating, L
necting changing or altering Act 179 OF
ne General Assembly Of the State Of
ouisiana for the year 1908, authorizing II
ne issuance Of two million dollars OF
(S) That all the rights, franchises and
herein granted shall continue
nd exist only upon the condition that the I
obstruction of said bridge shall be ac- +,
vely begun not later than May /, 1920, /.
nd that the said bridge shall be COM
eted within five years from the date of
he commencement Of the work. provided,
lat after the work of construction has
egun. in the event of delays occasioned