The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-09-09

/ tusuut Ia skssss Of tss Million Dollars
/ q ."#1 at'l ,u iot ssie"
section l4 Tts tuta issue n buuts ls
/ tbe cts ri AeH orleans luf sli purposes
sfRH usEeT exceed ten per ,rattIn al the
asa.asfsi }ulaat4uu al tHu property IA said
#tttF prtb gdea, however, fbdt neither tie
bonds issued tgr wat,T sew efaRe and
draiu:tAe purposes tham.!} the 6l2,9ol,,
( uua IaHiE. iglprut tmeni ii9isas issued
| under H4ti Asl Au. 3 - 1893 and the
/ + .u8u HvH Sew Public iuEtut emsHt EUufs
( lssy,1 under act so 81 Ell thg General
| ts@sHbis ~ tbe State ul Louisiana for
! TIE staF ltHS. tuu bslz sHt1#ItaFE there
uf aa# zappItuuulal thereto. as seli AZ
| aI.t housta. hereby ser hereafter author
| iced INTO which The aforesaid bonds oT
tBg pBi thereof mas bt fefuhayal huf
| the 81 baH n*ia Public ttyls i.algu9H Bonds
! authorized ~ Act Nc. 10 ~ ihn GtBefHl
| Assembly ei the state at IoutHallta for tgs
: sel i4rs. LeT ans bun1s hereafter Hu~
! thurIud Tor Futile Helt Railroad ptIrs
pnNss. uui anF bonds which Mas hereafter
| hr issued fug water ~utyl} uf for the
| producing public ulliltyr nor ANY paving
/ certificates primarily .httk%8hle against
| special assessments for street paving,
! SHAH be- ino ludei ia computing the udpbt-
vsgurss ut EAid cas- ~ New orleans under
lHs Limitation aHd provided further, that
| emergency bonds may bee issued a. aa
| iA8t Aed ia section If this amendment
even though said limitation shall have
been reached provided that thu Nine Mi
! lion lullifA ul hDMsiN authorized rs SEE
| iow ! ct this amendment Hh.tH not be
| subject 10 ihr limitation hgfeiH hAed at
! the trnr Ul times that same SHAH be
| Issued bat with respect 20 ans other
| bombs that ruaA bee iBsard hereafter under
| "a tbs computation said Nine Million
Dollars 81 tufus. hutE outstanding the tact
| that 4it ut said Nine Million Dollars ST
bends shall uui have been actually ISSUED,
tIa such aWu4ut ~ emergency bonds As
| iWtA Ice lhNh outstanding,
| aveliou - The board "a Liquidation,
/ tIiA Debt, Ar now organized aha created
ana with The pow ttss uUtlea dad functions
prescribed Is existing laws and - this
amendment. ShAA kv continued While alB
| aus,as authorized Is th5s amendment are
| pbtstAHIsHE altsl unpaid. nEd ak taxes
which mas be levied tuf the I.tymrnt OF
| saFd bonds shasb, aaS t5 dI5 as uuieetp
lie ptld uyvl lu sAId Beard. anal shall 10y
! .tFH interest So. stli huu IT, and sUli boar
| slitll with respect 90 I'll bonds authorized
~ th.a amendment b, catttied to exercise
Az TIL, IkHts aua enforce tke performance
u5 ali thy obligations, the same ~ 1t is
authorized o. 80 under Etws existing AT
tht IiNe 81 she adoption ~ this amend
meat With ruapett 81 tn} 81 the pfvseAt5
luutalaudguk buHfs 81 Ha3d cts 81 New
Orleans All funds, property aua things
81 value hetd bv the Hoard 8I Liquidation,
| cts iitbt tul bonded debt purposes either
| tistn taxes uuH ST hereafter levied. BHd
liafitt 8lstIb al FUNDS, property and things
ul value EeW uF hereafter held b} said
iluaFu dHayl Act No lB3 cf the General
Assembly ut thp state ~ Louisiana fOs
| the year 1850 and all amendments there
| tos sutH when released from contract
obligations Ut aedteatiens imposed b. Lass
existing 40 BE time 81 the adoption uf thlb
| amendment bv UEsd aud employed Ia the
discretion ui said Board los pas IHtnt and
refinement 81 ans bonds ui TIE city of
| N,N Orleans then outstanding
ee fIou q. For general municipal par
poses. exclusive Of lur support unH main
| ttHdHSo ~ tAg public schools AUa tEp pas
neHt ct tie bonded debt 81 thr tlty o.
New ''rivtns said ytts maE tu each year
ttNh up9u AL taxable property wtthtE sati
ttA q t3A Hui exceeding siA aHd one hall
HIiis oH ihr dollar 81 the assessed yuItia
ttuH thereof provided, however, that when
tlEe uas per cent debit tax authorized by
| naId act No, 10 II lsBU and tkC two miil
waller and seHrF tax authorized Is said
Act No Of 1925 shall both have ceased
I" bs levied 8ut II thereafter the taxes
levied hy the cts ~ Ncw Orleans IN ans
une year for bonded debt purposes be less
than ten tmlls. said ats may Ia such
events lsts f"f It's gyuersi purposes such
additional tax which when added 30 the
tax of siA aud one half mills hereby
authorized and ths taxes levied for the
Pa} msnt uj tina principal and interest oi
It's bonds a. they aeEerBliy mature shall
not eAeeed ln the aggregate sixteen and
pHe halt mills
Section IL IRe reservation Of twenty
per cent Of the ye,euues Of the Ctty Of
| Nvw Orleans shall not hereafter be made
40 directed tb section 80 81 Act No lsg "a
the General Assembly q the state Of
Louisiana fuf the year 1913, except lusD.
tar as the fund so directed "a be Tesers Ell
shall have heeu appropriated OF dedicated
bt Uyt thIk amendment takes effect 60 the
FA5 iaeut Of Hnt obligation II the city a
N,w Orleans, apd said reserve fund OF
etFh year, when released from the obi
cations charged against II b. law and
hoCauae % contracts, existing al the time
OF the adoption 81 this amendment shall
he used faf general municipal purposes.
Section ~ For the support maiHte-
! Htnre, construction and repair 81 tha
public p buois IN the CITY Of New Orleans
The Hoard 81 Directors at the Public
schools. Parish ~ Orleans. uf It's legal
successor. shall le{y annually such TAX,
not exceeding three and ohe half mills, as
| said BOARD shall deem necessary, which
. leN} shall he certified hg said Board &c
the Commission Council uF other future
governing body at he City 81 New on.
iaaHa Nlugh shalt cause the tax % BE-
. entered upon the tax rolls ol said city
according 20 Hw against all taxable
property ia Raid city as assessed and
= valued fnt ritE taxation purposes, and
s,tid tax shall be collected ~ SAID elty and
paid over 10 said Hear n Directors of the
'atH" ~fhe"ls, Parrish 81 Orleans. daF rs
a1} As collected
Said tax shall be IN lieu of mn taxes.
| appropriations AMI funds nuW authorized
af directed o. be levied or contributed hy
the cts 81 New Orleans fer public school
purposes, either hy said Act No ilo oi
| tN'e ~ other provisions az the EguStltu
ton ut this state All constitutional pro-
Visions 10 the contrary, as well as Act
NO 262 81 the General Assembly ~ the
state Of louisiana tUF the year 1914
ratified IS ar amendment 10 the Cuusts
tuition OF this state, are hereby ahfoRated
and repealed. ANA the city ri New orleans
shall have no power ar authority 90 use
% employ aHy ~ 10 taxes uF funds f0g
the establishment support or maintenance
~ the public schools, directly 81 Indirect
Il j.. except Hs herein authorised provided
however that the city of New orleans
fball administer use and employ Hll the
funds property af things ut value now az
hereafter hrij rs II under amy special
legacy, tequesi uf donation made or e.
| be Wabe directly Go "a for s., hUai purposes,
and shah carry uui aud execute the cor
dtit'us Hf All such special trgaeJea, he
4 GUESTS 81 donations that have berp here
| Iufr made tq and accepted tF saI8 cts
lul Ets Orleans aud all suth as may here
after be- made t" and accepted hF said city
section - For the purpose Of giving
additional support % the Public schools.
/ nc Beard Of Directors 81 the Public
Schools Parish ~ Orleans or ilA legal
sHr rssuf may isyE upuu al taxable
property "a the CtjY at New orleans "A
| special tax not exceeding two mills an the
dollar ~ the Assessed valuation 81 said