St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-11-04
PROPOSED
AMENDMENTS
TO THE
CONSTITUTION OF LOUIS
lana
Adopted at the Session Of the
Legislature of 1916.
ITO Be Voted ON ct the Congress
sdonaI Election.
Act No. 4

Reuse 7 2 56 81; : RnsonJ IL ~: syra'.
Proposing an amendment to the Consti-
tuition Of the State OF Louisiana pro-
debts Of the city of New Orleans and
OF the Board Of Directors Of the Pub
He Schools. Parish Of Orleans, re-
epsctivsiy the issuance OF serial bonds
by said city, the purpose for and the
In which same may DO issued
and the duties n functions of the
Board Of Liquidation, City Debt. with
sSs City Of New Orleans and the
Board OF school Directors. Parish of
Orleans, respec dvelJ, of certain taxes
for general municipal and school pur-
atom or said amendment to the cleo
tors Of the State for their approval
or rejection.
Be 1t enacted by the General Assem-
bly, Of the State OF Louisiana, two-thfrds
ooncurring. hat subject to the ratif1ca-
tton and approval of the electors OF
She state, the Constitution of the State
be amended by incorporating therein
the following provisions, to-wlt:
Section /. The City of New Orleans,
By a ! ste OF three-fourths of all the
Nembe2s of the Board Of Liquidation
City Debt, approved by resolution of the
one governing body Of said municipality.
adopted by a vote OF tWo-thlrds OF all
the members of said council or govern
ing body. shall have power ana 10 here
taFs {sa. soc, 000) of bonds, to be styled
sEfty OF New Orleans 6erial Gold
Bonds" and to bear such rate Of inter
ct a. the Beard Of Liquidation: CITY
instaIlment OF said bonds te offered for
sale as hereinafter provided
Section 3. Three Million Dollars t$5.-
COT. 00e), in par value, of the bonds u
thoftzed by Section ! of this amendment
shall forthwith be sold.
The proceeds OF said three million
cellars of bonds shall be applied exclu-
niyeiy to the following purposes and in
the following order:
g, The n Of the outstanding
Bonds Of the city of New Orleans" is
eued under Act No q OF ths General AS
esmbiy OF the State OF Louisiana ror
the year 1905. which bonds shaH be
practicable;
(b) The payment OF the principa1 OF
che floating indebtedness of the
Board Of Directors OF the Pub
svideneed By note or notes out
standing at the time OF. the adoption
Of this amendment to an amount no
exceeding Six Hundred and Fifty Thou
and Dollars (S650, 00n): provided that
In the event that said indebtedness or
any part thereof shall have been paid
by said Board out of It's current reve-
nues previous to the adoption OF this
amendment, the amount thus paid fnof
to exceed $3.50. 600, however,, shall be
paid over In cash to said Board to pc
used BY II for school purposes. as pro-
vided by law:
Hundred Thousand Dollars tS5G0,e oo).
with interest thereon, borrowed by the
City Of New Orleans for storm emergen-
ey purposes in the year 1915;
Z IN O. The navurauf of the nVGr6rQff or
ether Indebtedness due by the City OF
New Orleans to its fiscal agents or ether
banks representing loans or advances
n nose p psfa sns% S S iaid paragraph ray Gdhet TO- 5hs u
shis section, to an amount not exceed
Ing in principal and interest the sum
OF One Million Three hundred and F1T-
fel The balance OF said proceeds
shall be used and employed by the
Board OF Liquidation, City Debt, for the
Gates Of the city Of New Orleans. as set
forth in Section 8 Of his amendment.
Section 8. The remainder of the
bonds authorized by Section l OF this
amendment, or SO much thereof as may
be necessary, shall. be sold. from time TO
time, In such amounts as the Board of
Liquidation, City Debt, may determine.
end the pro oS;sd IS o. sa fne R sale "a t ~ soa
payment of Public Improvement Certif-
Gates ali aorized by Act No. Sc of the
General assembly. Of the State of Louis
lana for he year 1898. and acts amenda-
tory thsi Of, and presently outstanding
or fssne at any time in payment OF
envy h lot made before this amend
mem lakes effect, at their respective
psaturities or when said maturities can
be anticipated upon terms satisfactory
TO said Board.
said Act No. 56 of 1898 and all
utes upon the same subject. and SO
much of Acts No. 12S and No. 2Te Of
the General Assembly OF the State or
Louisiana for the year 1910. and other
statutes on ths same subject matter. as
may affect. apply or pertain TO the City
of New Orleans. be and the same are
hereby repealed; nevertheless Public
Improvement Certificates nay be ssued
in the manner provided by said Act No.
Sc of 1908, and amendments thereof. in
payment of any contract made before
this amendment takes effect.
Section 4. The City of New Orleans
may also issue and negotiate it's bonds
when authorized by a vote of a majority
in number and amount of the property
taxpayers, who shall have been assessed
for property in said city as shown by
the last assessment made prior to the
submission of the proposition to the
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 all
the members of the Commission Coun-
Gil, or lis successor as the governing
body of said City of New Orleans, and
which ordinance before any such elec-
tion Is ordered shall be also adopted by
q vote of three-fourths of all the mem
bers of the Board of Liquidation, City
Debt. Due notice of said election shall
be published for thirty days in the off,
ciaI journal of said city -four weekly
insertions of said notice constituting q
publication for thirty days, provided
thirty days intervene between the date
Of the first insertion and the date OF
raj eleclionl.
Nc bonds shall be issued under this
for any other purpose or for
any greater amount han that stated IN
the submission of the proposition to
taxpayers.
Section s.. In case of fire, hood. pes
storm or other public calamity,
City of New Orleans shall have
power. by a two-thirds vote of all the
members of the Commission Council. or
lib successor as the governing body or
uaid city. concurred In by a three
vote of all the members OF the
Board of Liquidation. City Debt. to
money and issue and negotiate
,onds in such sum. not exceeding Five
Hundred Thousand Dollars ($5ae. 000l.
10 shall be necessary in any one such
Emergency. i