The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1916-09-02
PROPOSED
AMENDMENTS
TO THE
CONSTITUTION OF LOUIS
lana
Adopted at the Session Of the
Legislature Of 1916.
To Be Voted On at the Congress
siOnai Election.
Act No. 4

tuition Of t'e .r.fr H. '.yE.~.a'1 proc
Vi!ing FOR 3d.. funding or "nrta
debtk Of ~" t.'y nE sew orleans a.i
OF the y .ar! uf Directors Ot tae I-'-
Ito Schools. Parish 81 orleans rr-
spsctiyeiy the issuance ~ s"r.a- bonds
by sal! ,''y. the purpose fDf a'H me
manner ST. wN.,i same may 20 ISSUED
and tie t-trs and functions -; ne
Board Of l.'s1.tatpn. city l'.'' ".tA
reference tHoi'tD. ana TIE ievH.rE ty
the city OF Sew Orleans and tie
Board of school Directors. Parish -
Orleans. respectively. Of certain taxes
for general municipal and school Iur-
poses. and providing for me S-D'u So
sion % said Amendment - ''e "'c"-
tors Of the State for Their approval
or rejection
BE IL enacted by 'hc Gerera' Assem-
bly, Of the State OF Louisiana, twO-triras
of all the members 'lr. lr! % rtr. tH4Sr
oOnCUrriHR. that subject % the 'at.tra-
ton and approyal Of me electors or
the State the Constitution OF the state
be amended Nv incorporating therein
tho following provisions. to-wii
Section / Tie CITY 81 New Orleans
by vote Of ur"e-fourths Of al the
members OF the Board Of Liquidation
City Debt. approved by resolution "f the
Commission Council, Or It's successor a.
tho governing body or said mJuIrs Iality,
adopted by IA vote Of two-tairds II all
the members of said council or govern
ing body. shall have power and IS here
by authorized TO issue Nine Million Dol
lars ({9. 100000 OF bonds. % Toe styled
city OF New Orleans Serial Gold
Bonds" and 20 bear such rate ~ inter
est as the Board OF Liquidation. CITY
Debt. may fix from time 70 t!rne as each
installment OF said bonds IS offered for
sale as hereinafter provided
Section 2. Three Million Dollars G3.-
900. O00D. in par value. Of the bonds au-
thorized by Section l Of this amendment
shall forthwith be sold.
The proceeds OF said three million
dollars Of bonds shall be applied excIu-
sively 20 the following purposes and in
the following order.
(a) The payment OF the outstanding
and unpaid School Teachers Salary
Bonds OF the city OF New Orleans is
sued under Act No Of the General As
sembly OF the state of Louisiana rDr
the year 1905. which bonds shall be
called for payment and paid as soon as
practicable:
OBJ The payment OF the principaI or
the floating Indebtedness OF the
Board OF Directors Of the Pub
lie SchOols, Parish Of Orleans.
evidenced by note or notes out
standing at the time OF the adoption
OF this amendment to an amount NJ
exceeding Six hundred and Fifty Thou
sand Dollars $3.50 .000): provided that
In the event that said Indebtedness ur
any part thereof shall have been paid
by said Board out OF its current reve-
nues previous to the adoption or this
amendment. the amount thus paid mot
to exceed 100000. however,, shall be
used by II for school purposes. as pro-
vided by law
(c) The payment Of the sum Of Five
Hundred Thousand Dollars $500. OOO).
with interest thereon, borrowed by the
City OF New Orleans for storm emergen-
oy purposes In the year 1919:
(d) The payment OF the overdraft or
other Indebtedness due by the city Of
New Orleans to its fiscal agents or other
banks representing loans or advances
made by them to said city. other than
those referred to In paragraph Co or
this section. to an amount not exceed
ing in principal and interest the sum
OF One Million Three Hundred and FLY
~ Thousand Dollars El.35O. 0O0); and
(e) The balance OF said proceeds
shall be used and employed by the
Board OF Liquidation. city Debt. for the
payment Of Public Improvement Certlfi-
Gates OF the city OF New Orleans. as set
forth in Section of this amendment
Section 3 me remainder OF the
bonds authorized by Section ! OF this
amendment, or so much thereof as may
be necessary. shall be sold. from time 20
tina. in such amounts as the Board or
Liquidation, city Debt. may determine
and the proceeds OF the sale thereof
shall be applied by said Board to the
payment Of Public Improvement Certin-
Gates authorized by Act No. So OF Tie
General Assembly OF the State Of Louis
lana for the year 1908. and acts amenda-
tory thereof. and presently outstanding
or issued at any time in payment or
ment takes effect. at their respective
maturities or when said maturltios can
De anticipated upon terms satisfactory
TO said Board.
Said Act No. So OF 1908 and all
amendments thereof. as well as all stat
ates upon the same subject. ana 80
much or Acts No. l%S and No 2TO OF
the General Assembly of the state or
Louisiana for the year 1910, and other
statutes on the same subject matter as
may anect apply or pertain to the city
Orleans he ~,
nereby repealed: nevertheless Public
Improvement Certificates NAV be issued
IN the manner provided by said Act No
So or 1908, and amendments thereof in
payment OF any contract made before
this amendment takes effect
Section I. The city OF New Orleans
may also issue and negotiate its bonds
when authorized by a vote OF a mainrirv
In number and amount Of the property
taxpayers who shall have been assessed
for property in said city as shown nv
the last assessment made prior TO the
submission of the proposition TO tho
said property taxpayers and who are
otherwise qualified to vote under the
Constitution and laws or this state
voting at an election called by ordinance
adopted by a vote OF two thirds of an
the members OF the Commission Coun-
body OF said City OF New Orleans, and
which ordinance before any such cleo
doa Is ordered shall be also adopted nv
. vote OF three-fourths OF all the Nom
Debt. Due notice OF said election shall
be published for thirty DAYS I'm tho ON
DIAL journal OF said city -four weekly
insertions OF said notice constituting a
publication for thirty Gays. provided
thirty days intervene between the date
OF the first Insertion and the date OF
said elecuon)
No bonds shall he issued under this
section for any other purpose or for
any greater amount than that stare, IN
the submission OF the proposition to
said taxpayers
Section S In case ~ FIRE. Hoo- mas
tuence STORM or oth"r public calamity
the City 81 New Orleans SHAH ba,'o
power. By a tw0-thIrds vote ~ a., -.
members - ne Commission Common ~
It's suceessor as ths governing hcI,, y,
said city. concurred IN BY a mr.
tourths vote 81 AL the member Of the
Board 81 Liquidation. CIR Debt :,
borrow nonsy ard Issue nrI rar,gfi,.s
bonds IN sucn sum. rrf rasIrg NV.
Hundred Tho1san5 Dollars fI.Gj rrg,
AZ shall b. necessary N any one zgch
emergency
section g r>- f-s -1-sosa o.. 20
indsbtrdnc~q - fra r--s 80 rr-y r,.-s.-s
existing ~ mo tire 10 80 adm. mn =
this amendment. N--HH --ay g.-.-- I'm.
20 time be '~@v~1 ard rar.-.rfar M,
city outstarT'-g - .-- s.--~ ~ 80 ,1--..
ton OF ttfr H----F----s 80. -.--.--.
caiiable a~~r-F'-g % f--f- .ra.. 80 .-.
statutes under rH'.- they go -.r---
lively !sHgef 40 9.r- PIC .s-..
all TIE a5'fn-g q" #-y r..r. .r..
rfKht i1 - sls--af -- ~ --s. --s .-,
any one % more ~ sa.- ~Tsr - .,---
ard sSaW ~ a4'r 20 ~ ..-....s,..--
duly afcpfsd % --s"a rsr s.v.4.s.a
5cn6s - yr9yi1s f-~ ~ -.,<~sgy/
rCF trrH Ur-rgrnf. .r#r...H.- go.