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

AEI 10 g.
AZ S0a y.
Hasss H.u ~ ~ Mr hyfne

/ ,,...,....is IN .ms tmeut ca the Gunsii
3.gI.. Hi tls state of LOUISIANA pro
ua#f lug tH. funding u eeftatn
I.l. I'd H.f t... 80 SrW Orleans and
II f#.. ..lE .s DIRECTORS % the Public
Schools 5aa-U us Orleans, respective
ta. Ia-..asr ~ serial bonds hy said
fts HEt EHr4.ss IBf and the manner
lg wH.N t.a, HaF he issued Hnd the
a.H asst functions Of the Hoard Of
.44ua#l..u... tits Debt. With reference
fhsfgf. lUI the lvEysnE By the tily
oil Sea Orleans AMI the Hoard OF
school Directors, Parish ut Orleans,
respectively. Of certain taxes for gen
zeal H.4Wutg4} aua school purposes
and pf...I.Hs iuf tbs submission Ut
asa aWrutmra{ CO. tbc electors 81 the
stat. Gee ihrF approval CT TtJsg'iun.
10 H ,ftlr. hF tire General Assembly
/ II d., state of Louisiana, tSu thirds Uf
i "a tsr uaaa,fa elected 80 zach House
/ s.gfUff.tF that subject tu the T3Ghra
] non 4HH approval II the electors u the
4 state luE Constitution ut the state be
sprIs4s uB Incorporating therein the it3
,vtH. 8fa. .a.HHs. 90 Wiz
1 kYst. 8Bv cas- Of Nc~ orleans, ty
1 syut, e., three. fyufths al All the members
n ~ HHag# ui Liquidation. cts Debt
sst.rast# st. resolution ~ the Commission
i Eo4u.st Fol. lia successor aa the governing
80 .s sisted municipality, adopted by A
,oir ut faa rhtds of ali members Of said
1 ttg.I uf governing body, shall have
80 4.I .H HeIubB authorized So issue
1 gtas AlIIaH luli4fs - coo eoel % bonds,
l = H. stslyt tstl 81 NtW orleans SERIAL
1 'lal4 HaH4s and Geo bear such rate Of
l iri,r,sf as fhs Heard af Liquidation, ttIy
/ IIsbl n Hi from tWt 60 time As each
1 rsislIusH} uf SAID bonds rs offered for
/ s.ls a. hereinafter provided
80 tsaf Three Million Dollars ti3,
/ - aeal, Boo iag value. 81 ths bonds al
l lh.5f.ffH d. Section ] ~ this amendment
/ stall taT.hairh ice sold
/ 4hs lsa caIs ~ said three million
/ iuIAgs If tUHis shall be applied etcln'
slyyly tu the following purposes and 10
III following order
/ aAEald hood Teachers salar} buidN Of
M cts ~ NrW Orleans, Issued under
AT so / oi the General Assembly OF the
/ STATE ug Louisiana for the year 1909, Which
4 tat.dA atajl be called fuF pas Hcnt tHd
4 paala as sunn ~ practicable.
ibi Tho pa Hent OF the principal Of the
I Hsitiuz Indebtedness ~ the Beard uf III
i rrespfs II The i'HhiIC schools, Parish OF
Z orleans evidenced bs note Ur notes out
Standing at the time Vt the adoption ot
lhH amendment 10 an amount not ~
i eee1lns ia Hundred and iifty Thousand
4 lalafh tta0. VHgt provided that, In the
l event that said Indebtedness OT any paft
/ hereof shall have hesu paid by said
1 i4sard oul af Sta current res enues pre-
l ,,aus a. tts adoption ~ thts amendment,
he amount THIS p9id not 10 exceed $3.50,
~. hescypJl, shall he Paid over Ia cash
b said Hoard 10 be used hy II Tor school
purposes 40 provided rs las
ftt Tia latS meui 81 tle sum Of rive
1 hundred Thousand Dollars t5uu, 00at with
1 interest thereon, borrowed by the city ui
4 SrW Orleans for storm emergency EuT
l poses B the YEAR l4i5.
8dt The payment af the uycgdralt OF
i slhsr Indebtedness due by the Ctty Of See
uflssH- ta ils fiscal agents OF other banks
/ representing loans uf advances made by
I ghrm Ca aaGd yitY, other TITAN those re
l itffti ts q paragraph lyl 0s this section,
i t. az amount not exceeding ~ principal
I Ahl interest tie suH ~ One Million Three
I napdgci aud rms Thousand Dollars
! ~ go, hHUs au1
tvl rhs balance uf sain proceeds shall
4 % used and eHplu} Ell by the Board OF
i Liquidation. ttty psbt. fpf the payment
u Publ, lWprut smeut certificates Of the
tlgy uf Nes Orleans, as set forth 81
section of this amendment
u Section 3 Tie remainder Of the bonds
/ authorized Ly section l u this amend
/ mvpt az su much thereof as tnaJ be
/ ass.ssHry shall be sold, from uiHt tt
ltnt ip su'h amounts 40 the Hoard OF
/ Liquidation, tip Debt. may determine,
n and the proceeds ~ the sBle thereof shall
Be- appli,i isy said Huard TO the payment
II fulfil, Improvement Certificates au-
i uagiEei hg Act No IS 81 the General
Assembly Of the state II louisiana ioi
i ne year 9as aud HCts aHseHdatuIy there
u e. am lfFNfNitE ABAaAhNHtttA VI tFfFtNH
l as auy time ~ payment 1t any contract
saas heipfs this amendment takes effect
1 II theiF respective mAtuUtses of When
I sald mAtBrgtles can hs anticipated uTou
terms satisfactory ~ said Heard
II SaIA Agi Ne 81 81 1898 and ell amend
meuts thereto. as we'll as all statutes upon
.he same subject. and 30 much of Acts
1 30 as and No go uf che General As
/ senhly ~ the stale IT Louisiana for the
sar Isle aud other statutes on the same
sabIeoi matter, a. u'aS affect, ,appB 90
/ pertain e. the City Of New Orleans, bt
aad the ssme are hereby repealed never
1 tilslsss iIbiic Improvement Certificates
Ray b., issued Ia the manner provided hl
/ said act 30 ~ 81 1908 and amendments
thereof, D. payment OF unt contract alad'
tsiort this amendment takes effect
4 Section The tity OF New Orleans
/ s1Ay slsI issue and negotiate Its bonds
1 shsH authorized hy vote OF majority
I u number and amount pt the property
l taxpayer Nhu shall have tven assessee
4 Toe property sea said cts as shown hS th'
/ last assessment made prior To- the suhtnis
j seEl 81 tbs proposition tp the said pfoperts
4 takpaFsiH and who ate otherwise Huhllfsf
Il 70 vote Hsief the Constitution and Laws
i 81 the state voting at an election eallet
4 b ordinance adopted BY vote of Two
I thirds ~ 10 the members NJ the Commits
I non taHu H. pf iis sue eaaoT as The EoN
4 sFH3Ug bulY ut Eaid cts uI New orleans
L sHa NhtEa ordinance before any suef
II HtfNtNN fF FfNtfFH HfAtf iF HisN af'pSFs
Il ~ a vote Il three fuurths Of ali the mem
1 asfn ~ the isutgd ~ Liquidation. titI
l pshi buH notice ~ said election shah To
I published fuf thirty days in the Otscta
1 AuTuBl ut aait city flour weekly In@erttehi
i 4 salt notice constituting publieatiSi
/ er ihlTls daYH providing thirty days tn
4 tsfyrNr between the date of the hfa
1 assertion md Ghe date eff said eiectioitl,
Il No tuuIs shall lie Issued under TN
1 section 10 ATS other purpose OF Tor ana
/ greater htuouut than stated IN the SUB
l siisslHu ~ tie proposition t0 said tax
1 )ateTs
Stetiun la case u FIRE flood pesti
1 eurs STERN ar other public calamity, Ih'
4 "Itg " AeR orleans shall have power
1 81 tWu- thifdR vote 81 all the member
4 the Commission Council or It's sue
| 'essuT 81 he governing body ~ said sty
| selegfrpi In Is "a three fpurths vote O
| III the members ~ the Hoard OF Llauida
1 let, cts Debt, 10 hoTTu~ money ant
ssue ant negotiate tands tH such sufu
| ~ exceeding Five Hundred Thousand
| NhiiaFs 90 Hdal, as shall he necessary
1 any uHn a4th emergency
/ Section + Fer the purpose 81 Fefundlni
| tA ~ avs part ~ The bonded Indebtedness
| = the CIty a New Orleans existing at th'
| lFt ~ tEs adoption ~ this amendment
| aeHds may from tiine 60 time be ISSUES
1 nd GrEei aiet When any of the tsaes'
/ = thC lafrts IT said cts outstanding 9
l De uHp ~ tie adoption of this amend
1 asefsi shall hyruue rallahlg according I,
1 lhfir terms aF fhy statutes under whlcl
1 hes are Ff=Nrrtlsegy issued uf when th'
Il consent az AM the hHlHsrA ~ any RlGf