Tensas gazette., 1916-09-15

Section lb. The Board OF Directors
of the Pubic Schools Parish OF Orleans
or its legal successor. shall not capi-
taxes which by this amendment 1t IL au-
thorized to levy, nor fund the same into
bonds. nor borrow money In anticipaLon
Of the collection thereof; provided tnat
in anticipation Of the collection OF the
taxes of such calendar year and Tor tne
purpose for which such taxes are ievieo'
borrow such sums as shall not De IN eA
cess Of the amount of Its uncollecteu
taxes of such year. and may issue its
notes or other evidences OF indepteonSes
therefor. and such sums. notes OF otnei
evidences of indebtedness shall pe pay
able only out of the taxes or the caieh-
dar year in which said loan or loans
are first made and for whlch ihoeoteu
ness shall not be payable OUT oi any
other funds or moneys whateveI.
vided however, no moneys snail De por
rowed by said Board for any other pur-
poses than current purposes, ana IN no
event shall any money be porroweo Wy
said Board to make or 10 pay rnvibSso 40,
further, that said Board shall not MAKE
any contract or incur any dept OF Vp,I
cation unless sufficient funds not otner-
wise appropriated, to pay ana olschdte &c
the same are actually in the treasurey
of said Board at the time OF makins
said contract OF mourning sald oeot OF
obligation and are specially SET asioe
may be bereinabove specially PROVIDED;
Said Board shall annually and prior
to the beginning of the scholaslc year
prepare a budget of its recelpts anu eH
penditures and said budget. before IL
becomes effective, must be approved py
the Commission Council OF the CITY OF
New Orleans. or it's successor as tne
governing body of said City. anu a. an ais ap
propriatiOns by or expenditures OF salu
Board not included in the SAID Duuget
shall likewise before becoming enect.ve
be approved by said Commission Coun-
ell or its said successor -,
Provided that nothing herein shall
be taken or construed as authorizing
the Commission Council or its sue
cessor to change. alter, SUBSTITUTE or
eliminate any of the items OF the
budget thus submitted; the true IN
tent and meaning hereof being that
the said council or its successors shall
have no authority whatsoever In or
over said budget, except TO the eAtehs
of ascertaining whether the proposed
expenditures as exhiblted py sai9
budget are within the probable and
estimated revenues of said Board OF
Directors of the Public Schools, Par
ish of Orleans.
section 20. The inhibition herein
established against the City OF New
Orleans and the Board of Directors or
the Public Schools, Parish of Orleans.
or either of them, borrowing money,
anticipating their revenues. capltallz.
| ing their funds or issuing notes OF
! other evidences of debt, shall Apply
to all boards, commissions or bodies
| created by or under the authority or
the Common Council of the City of
New Orleans. or its successor as the
governing body of said city.
Section 81. The provisions hereof
are self-operative, and the City OF
New Orleans and the several boards
and bodies herein referred to shall
carry the same into effect.
| Be il 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 Congressional election~ to be
held on the first Tuesday after the
first Monday in the month of Novem-
ber, 1915; 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 Louis
lana providing for the funding of GER
/ tain 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
the Constitution of the State of Louis
lana providing for the funding Of GER
4 tain 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 proposed amendment.
| HEWITT BOUANCHAUD,
| Speaker of the House of Representa-
| tives.
| FERNAND MOUTON,
Lieutenant Governor and President OF
| the Senate.
Approved: June s. 1916.
| = r. G. PLEASANT.
| Governor of the State of Louisiana
A true copy:
| JAMES ]. BAILEY,
Secretary of State.