The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-09-30
CONSTITUTIONAL AMENDMENTS.
ACT NO =
ACT NO. !.
House Iail No - alr t.yms


debts ut the city ui &eH Orleans and
ct Efs E0aTt 81 Directors 81 the Public
GghUUla, Parish az orleans, respective
D. The Issuance ct serial bonds b} HaId
city, the purpose Tor aHi the manner
iu which ssmU Mas hr issued AUD the
duties aad functions al tie Board VI
ll4uId4t5uu. itty Debt. With reference
GGuftlu, aud the iyEJ uk b. tRe CITY
~ Nta orleans and the Hoard ui
sshugl Directors Parish ot orleans,
respectively, ut certain taxes for sen
gftl municipal ana school purposes
aHi providing tot the subHlsslUu of
said 4mendueht 60 the electors of the
state Tor their approval of rejection
BE H enacted b the General Assembly
Vt lhp state uI Louisiana, two thirds 81
Au tAe members rtusted 10 each House
SUHturfiuE, that subject To- the ratlitca'
IuH and approval 81 the electors OF the
state the Constitution Of the state be
snenird by Incorporating therein the f0J'
owing prov iaigHR. e. wit
Section | TIE tity pt AEH orleans, ~
e4ots al three t0uFths Of all the members
VI the Board 81 Liquidation. tttb Debt
Approved IS resolution 81 the Commission
Council OF Re- successor AS the governing
Mods Of said municipality, adopted b. a
cote 0i two thirds 1T AL members Of said
council OF governing body, shall have
power and b hereby authorized 10 issue
Nine Million it,iiiAfs tsSt p.tegj ut bonds,
b. be styled lily Of Nts Orleans Serial
tiuli Hohlst abi Z" bvai hASA latt va
interest as this iuatd uf Liquidation, city
Debt. may tn from time 60 time IA each
iaslalimeut 81 atld bonds is eHtfei fer
SAFE as hereinafter provided
Section : Three Million Dollars tt3,
80 eeuI, 10 par value, OF tht bends au-
thofiasd hy Section ] ui TITS amendment
shall tofthst I'll be sold
The proceeds ~ said three million
duia,Ts uf bonds shall be- applied etgigs
siVcly 10 the following purposes ana 10
the following order.
taI The payment ui thr outstanding and
unpaid 'Seho0i Teachers Salary turtds Of
the cts 81 Npw orleans, issued uEder
Act No, 1T the General Assembly, IT she
state of louisiana for The year 1906 which
bonds shall lee called TOT pas ueht and
laid as soon aB practicable,
tbD The pas meat ei the principal 81 the
Beating Indebtedness ui the Beard ui ID
fselUfa ~ the Public schools Parish o.
Orleans. evidenced by Hute OF notes out.
standing at the iips ii the adoption u
this amendment tu al amount not "a
eeeding sIS Iiuutfed and FITS Thousand
Dollars 1850 Unni provided That IN tie
event that said Indebtedness % ans part
thereof shalt have been paid b. said
Hoard cut 81 It's current revenues pre-
yious o. thH adoption u this anendmert.
the amount thus paid net Go exceed i6ao,
Ua0. however, shall he Fala over 10 cash
IA said Hoard ta b4 HHpl ~ II fot school
purposes, as pros ided by ias
te) The payment 81 1he sum of Five
Hundred ThuusaHd Dollars 5000. uuBl, with
Interest thereon, borrowed hy the cts of
New Orleans Tor storm emergency purr
poses IN the year 1915,
tdj The payment 81 the pysfdTatl o.
other indebtedness due hy the cts Of New
Orleans 10 rs fiscal agents or other hanks
representing loans uT advances made b}
them 10 Hlid city, other than those re
feFged TO to- paragraph tCl 81 th.s section.
30 al amount HUt exceeding IN hfihclpal
and interest the spf, Of unf MAlltua Three
Hundred and fifty Thousand Dollars
tsi, sse, ooal aud
tsl The balance Of sale proceeds shall
lie used ard employed hy the Hoard Of
Liquidation. city Debt, TOT tbs payment
" Public Improvement Certificates ot the
CtiY Of New orleans, A. set forth IN
Section Of this amendment
Section The remainder u the bonds
authorized by Section / 81 this amend.
inent. or so mu,h thereof as mas he
necessary. shall he sOid from time 30
time. Ia such amounts as the Hoard OF
Liquidation, cts Debt. nay determining,
and the proceeds II the sale thereof shall
be applied by said BOARD 90 the payment
~ Public ifnprgF enent Certificates au-
thgFiged hy Act No 10 OF the Gpnefal
Assembly Of the state Of Louisiana fer
the year lsts, and acts auteudatoFy there.
of and presently outstanding ar issued
al any time IN payment Of any contract
made before lhis amendment takes effect,
90 their respective Inatufities or when
said masugtttes can bp anticipated upon
terms satisfactory 10 said Hoafd
said act No. IS 81 1905 and all amend
ments thereto as sell as all statutes upon
the same subject and 80 much Of Acts
No. lsk and No. 30 ~ the General As
sembiy ~ the state 81 Louisiana fOt the
year 1919 and other s'atutea on the same
subject matter, as mas affect apply OF
pertain 10 the city ~ New Orleans bs
5h.s hal lad IA al
tketess Public Improvement Certificates
may he issued tn the manner provided ht
said Act Ne - pt 1905 and amendments
thereof, IN payment Of any contract made
before this amendment takes effect
section The city OF New Orleans
may also issue and negotiate its bonds
when authorized bs vote Of majority
Ia number ani amount uE the property
taxpayers, who shall have been assessed
for property lu said cts as ahowp hy the
last assessment made prior to the submits
sion 81 the proposition 10 the said sarugeftg
taxpayers and who are otherwise quRltfel
IL vote under the Constitution aHd laws
~ this state. voting al an election called
hy ordinance adopted h} a vote Of twor
thirds OF ali the members 0f the toW1sTis
eluH Council CT ia successor az the GOV
sFHinE body Of satd city ~ New Orleans,
and which ordinance before any such
election IL ordered shall b, also adopted
by vote of three fpuFthB ~ All the mem
hFFS or TIRE t{DAFd 81 iAYutfA ktu6if Wy
Debt tue notice Of said election shall be
published fer thirty days 10 the etllcisl
journal ef said city -four weekly Insertions
IL sat8 notice constituting a publication
fer thiBs days, providing thirtS days ~
tvFyeue between the date ~ the FIRST
insertion ani The date bf said rlegtionl
No bonds shall be Issued under this
section for any other purpose or for any
greater amount than stated IN che sab
misstpn nf the proposition to said tax
payers
sectluu S. ln casr a IRE. food. pest
Ipnee a;nfm pT other public calamity. the
ltty Ut New Orleans shall have power,
Is a tse shirdH vote 81 all the members
II the Commission Council, or its sue
ssssoF AZ the governing body ~ said Gets
eoncutreJ Ia hy Il three tuutths vote 81
all the memhvra % the Basfd 81 ftquiaa
issue and negotiate bonds iu such sum,
not exceeding Five Hundred Thousand
Dollars ( SEQ 000l. az shall BE- necessary
~ ans one such emergency,
Section e. For the purpose 81 fetuHding
all or any part ~ the bonded indebtedness
uf the ttty ~ New Orleans existing nt the
time ~ the adoption 1T THE amendment
Logds MAY fEpln time 10 time be ISSUED
and negotiated NheW any ~ the issues
~ the bonds ~ said tlty outstanding "a
the time ~ the adoption ~ this amend
aant shah become callaaie according e
their terms or the statutes under which
they are respectively issued, or when the
consent az att the holders of ans such
Issue o. bonds can be secured the BOARD
II Liquidation, Ctfs Debt shall have 1t e
fiEht Ia ta discretion To cal and pay any
uue Or more of said issues az bonds and
bal fErf D.