The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-10-21

H a81 eaai iH f.te value
section IA The total issue ot beads by
the cts 81 NeW Orleans iut ast purposes
she'll never exceed tea per centum of the
#tE provided, hawe4pfl Chat neither the
t8H3H ISSUED TOT water. sew gfaFe and
drainage bufFg@s@ namely, the y A,ete.
H7' tHHste lmpfuE ement iionds issued
under stEd At 40 of 1889 aud the
Is f.f '4 AfH t'uHHg lWpG4N eHeut bonds
iHss.5 4,tar Aet Sc II 81 the General
As Whjs ~ tHe state II LousEsans for
the year lf8o. aHa acts ana .dalUry there
af and Supplemental thereto as well az
such Haa3# hereby ur hereafter author
taea lH1u which Tie aforesaid bonds OF
Hs ttI, thereof m4y Gc refunded Hor
Else s. HtH aH3 iHblIr belt Railroad BENDS
authorized IS Att 80, 10 ~ the General
Assembly aI tbe state 81 Louisiana for the
5ttf laHs nf ans bonds hereafter au-
tHHlAuI IaT Public llel, Railroad par
Firstss hag ANS bonds which may hereafter
be- .satrt tor NHttr supply of for the
acquisition OF construction Of ans revenue
producing public utility. nor any paving
certificates primarily ohafgtIbly against
special assessments for street paving
shall he th ludca lu computing tht udebt
rlHrss rs Said city 81 New Orleans under
lbs limitation and pros idel further, that
rmrEGeurb tuu4s uiay be Issued AS au-
nafited IH section 81 this amendment
etua though said limitation shall have
n.#i reached provided that the Nine Mil
HHH Dollars Of bonds authorized hy see
Uuu ! ui tAiS amendment shall not be
subject io the Limitation herein aArd AZ
ihr time ut times that same shall he
faaBni but. with respect 10 any other
bonds that uaY l.. issued hereafter under
this Amendment there stall be included
"a Tie computation sad Nine Milton
Dollars ut buffIsr huiNt outstanding the fact
that 8ll ~ ssfia Nine Million ttultArB af
bonds shall Hut have been actually issued,
A. hands Ia <
Hay Ef then outstanding.
section 60 be Picard II Liquidation,
city hrut AS uua organized aud created
atH with ihr pn#rIsl duties ana functions
prescribed Ey existing laws and by this
awfr1mfut sh4l BE continued while any
bsHtz authorized hE this amendment are
outstanding aud unpaid and all taxes
Wbt.h Wly hs levied for Che payment of
said bonds shah. HaF by day as collected,
be- ptI over 20 aatd l'p4Jd and shall ty
/ ta tlpHEd a pas iaeut OF The principal
sHj rIelrst ul sf.J bonds uBa said heard
SHALL Atth respect 60 I'D bonds authorized
ut tals aHHH(HsHt la entitled to exercise
20 iir rights Hu4 Hfutne the performance
I'd 80 the Obligations, the same az It IL
authorized 20 HH under uSa existing al
the tWe af thg adoption ~ this amend
UsHt with respect % any 81 the frJspNtl1
outstanding NHnar ui said city ~ New
orleans Ail faltH. property and things
aI value Held Hy Gkg saafi al Ltqutdation
than taxes rHw ur hereafter levied, and
HaEt .alHfH Bli funds property aui things
eI stlat Uuh e. hereafter held by said
isWrd HHltF Net Sc. l8I ef the General
AsstHbH 81 tha state oi Louisiana Tor
fbt yeaf 1850 AID all amendments there
.u. shall WHOM released from contract
ahlts items ~ dsdlgIttaus Imposed by Laws
existing 40 the time 81 the adoption II this
amendment be used and empl@yud ia the
discretion ul said tiuaud in pay ment and
f..l rr.HH. ~ a.F
Nre fllsags then outstanding
st .HH D. Tor general municipal luF
poses exclusive II the support and main
lth3aut ul lHs H8tlU sglap}s aud The pay
WrHt ~ tHy bonded debit ut the city Of
Sew Orleans, saIi cts may 30 each year
Uit1 a tax u9i exceeding slN and enc half
ulls ON the dollar Of the assessed Nalua-
tluH thereof provided hUWeEe or, that when
Che one per cent debt tax authorized By
water ard sewer tax authorized by said
At So s. ut 1893 shall both have ceased
lu be hlle1. AMI III thereafter the taxes
IrYitd hg the city % New orleans 10 any
| ay }sff fuf bonded debt purposes be lsss
Dian 49, WIls said cltk mAy ia such
additional ta& which, when added TO the
| t1X ~ elx ant one half mills hereby
authorized aHd the taxes levied for the
latg fnrHE ~ the principal and interest OF
Is BONDS as they EtFSFallY mature, shah
uu' exceed "a the aggregate sixteen and
aHt-h3lf mliEs
Section IL. Ins reservation Of twenty
per Crit gt the revenues ~ the city 81
New Orleans SHAH not hereafter be made
| 49, dtrt q by aevtsou a. II Act No, ias OF
| the teHsTA Assembly Of the State of
iAgsaHt for the year 1912, except inEe.
| far as thg fBud so directed 10 he reserved
| shat have Arru Appropriated az dedi aated
| better. EhH #mrHiuItht takes effect 20 the
| pas m.ut uf ANS obligation Bf the city II
| New tifi ans. Ng4 said reserve fund al
| cations rhatSt against IL bN la@ aud
| because uf contracts, existing at the time
| IT the adoption II this amendment shall
| b., Hse1 Joe general municipal purposes
| section " For the support, mainte-
| hahEE, construction ami repair 81 the
public schools IN the City 81 New Orleans.
| Tho BOARD OF Directors Of the Public
| huu}s. Parish ~ Orleans, or ~ legal
| successor shall levy annually such tax,
| not exceeding three and one half mills az
| SAIL Board shall deem necessary. which
| iGf shall be- certified hy saia Board Go
| the Commission Council or other future
| governing body OF The city Of New Or
| .eaHs. shleh shah cause the tax 60 be
| entered upuu the tax rolls 81 said city
according ca law against all taaahie
| property l8 said ej,y as assessed ard
| valued for city taxation purposes and
ksala tax shall l., collected hg said city and
paid over tU said tidafi OF Directors OF The
! lHhiin schools Parish Of orleans, day by
/ tiH} az collected
| Si3 tax shall be In Hea Of al taxes,
/ appropriations and funds now authorized
| pr directed % be levied or contributed BY
| thy city ~ New Orleans for public school
| purposes, either by said Act No, lie OF
/ tsad ur other prov isious Of the Gonstltu-
| ttun ef this state. Al constitutional pro
/ visions 10 the contrary. 40 we'll as Act
| No. se- oi the General Assembly Of the
| state 81 Louisiana for the Year 1914
| ratified az an amendment 10 the Cunstl,
| tuition If this state are hereby abroEatsd
| and repealed and the City Of New Orleans
| shall have no power or authority 10 use
! OF employ aBy II Its taxes or funds for
| the establishment support ar maintenance
Of the public schools, directly or indirect.
| r.. except rs herein authorized provided
| however. that the CITY 81 New Orleans
| shall administer, use and employ all the
| fuu.tR, property uf things OF value now OF
| hereafter held hF IL under any sptcia
| Legacy, request or donation made or e
| hr made directly ta II for school purposes
and Ehsil carry ogt and execute the con
d.ti8ns &c All sBgh special lrEaeleB, be-
| quests at donations that have been here,
| tnfUFe made g. and accepted BIS said cts
If Ntt Orleans aud an sueh az may here
after b. raads 90 and accepted by said city
section rs For the purpose Of givtna
| Rad Jtunal support 30 the Public schools
the Board ~ Directors II the Public
Schools Parish ~ Orleans, or its ieea
successor NAY levy upon ala taxable
property ia the city Of New orleans q
| apF, tti tax Hat exceeding two mills on tbs
Aali4r 81 the avEeased valuation Of saie