The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1916-10-28

moneys Whatsoever; provided, however,
no moneys shall be borrowed by said Board
for any other purpose than current pur-
be borrowed by said Board to make or to
pay for permanent improvements; and
provided further, that said Board shall
or obligation unless sufficient funds. not
otherwise appropriated. to pay and dis
charge the same are actually in the treas
ury. of said Board at the time OF making
said contract or mourning said debt or
obligation and are specially set aside and
dedicated to said purpose, except as may
Said Board shall annually and prior TO
the beginning of the scholastic year pre-
pare budget of its receipts and expendi-
lures and said budget, before 1t becomes
mission Council of the City of New Or
leans. or its successor as the governing
body OF said City. and an appropriations
! cluded in the said budget shall likewise
before becoming effective be approved
by said Commission Council or its said
Provided that nothing herein shall be
taken or construed as authorizing the
Commission Council or its successor to
change, alter, substitute or eliminate any
of the items of the budget thus submitted:
the true intent and meaning hereof being
that the said council or its successor shall
have no authority whatsoever in or over
said budget except to the extent of ascer-
tanning whether the proposed expenditures
as exhibited by said budget are within the
probable and estimated revenues of said
I Board of Directors of the Public Schools.
Parish of Orleans.
Section 20. The inhibition herein estab
lished against the City of New Orleans
and the Board of Directors of the Public
Schools, Parish of Orleans, or either OF
them, borrowing money, anticipating their
revenues, capitalizing their funds or issu-
ing notes or other evidences of debt, shall
apply to all boards commissions or bodies
created by or under the authority of the
Commission Council of the City of New
| Orleans, or its successor as the governing
Section Fl. The provisions hereof are
self-operative. and the City of New Or
leans and the several boards and bodies
herein referred to shall carry the same
! into effect.
Be it further enacted, ETC., That the
amendment proposed by this act shall be
submitted to the electors of the State for
their approval or rejection at the Congress
sional election to be held on the first
Tuesday after the first Monday in the
month of November, 1916; that there shall
be printed on the official ballots to be used
at said election the words:
For the proposed, amendment to the
Constitution of the State of Louisiana
providing. for the funding of certain debts
of the City of New Orleans and of the
Board of Directors of the Public Schools,
Parish of Orleans" and the words:
Against the proposed amendment to
PROVIDING pro for the funding Of certain debts
OF the City of New Orleans and of the
Board of Directors of the Public Schools.
Parish of Orleans
and that each elector shall indicate on
the ballot cast by him. as provided by
! the general election laws of the State,
whether he votes for or against the pro-
posed amendment.
HEWITT BOUANCTIAUD.
| Speaker of the House of Representatives.
FERNAND MOUTON,
Lieut.. Gov: and President of the Senate.
Approved: June 8, 1916.
r. G. PLEASANT
Governor of the State of Louisiana,
A true copy:
JAMES j. BAILEY,
Secretary of State.