The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1916-11-04

ts,.st I'll - $3.50 under this
amendment
Tn. nr,rc,nsI ana ,,t.-.st Of all bonds
sutroriz.I - GO 80 he issued under
rs s,na,,.S, D.. rRit primarily
nflr of ~ -, .t.Ir If thu surplus
OF ne on. nv ~, a.ht tax which here
Co.,. .as ns~n 81 N. public
~ - 49, "a 20 80 levied under and
af,t.n-,z.I 80, ~ No 10 %, the Cen
e. A..-nrr H.. ~ state ~ LDIisisua
FOR to v..- &c. art s''hseC lent.y
49, 49,, n. 80 Constitution OF This
So 80 -. a.t.- January : 1873.
80 r..,... ~ r.s one per cent dept
-, .'.-. ..r.-.- and levied Ei.ier Act 80.
-. .,...... .r.t 49,, t.vo-u.t.l tax au-
,.....y,4 .- an. I...'.1 under Act 10.
.. 49,. ,......r Assembly II tie stat"
- la.t..,.., -or me year go wh.'n
.... 49,. .,..r -aI,ssa! and freed from
... ..,t.r r. the calling s.T 70
. . 3D.. rrtyrsut in due course
.. 49,. -.rt z the bonds existing
-. aT,rt'.a. ~ t.."
-.--.-f.r.4 -Ear n -. fl-.'-
49,. -.s sources aforesaid st.a..
q. .-, 81, .ry me wear l. IaN
49,. ........,..I ... Interest ~ tie bonus
..-.-.s ND. .-- -..s amendment and then
90. avn ..rr,r9 or ~ tor any
an 80 re funds api,ru-
.4 .... .r..,.a FOR si.u purpose.
...r. .r Nar. orleans shall levy a
49, ..,.,. NJ taxable. I:DJe~tv in SAW
o.. ..- o.. -.-tv. Il. rn~ any S.'A
...#....-..... aud r..,tdeI further utt.
-,..... f... a,rrs-..t one per c'!f "e'N
r.s a~t 'u.u u... water ana sever TAX
stall ...-a :. 10 .eEleL itH Ky a.,
,-...- Orleans -'4. levy a tax upon b4a
.s.a r....,rtv B. said city sl't"leAt
>, nav a.. principal and interest OF
s.,.E IDr.s rs they TerQ"I lively beHoHle
t..
Section II IS hereby intended that
a.. .vf-r.r.- dedication and appropriate
Mons 81 s4.t o-" Trr cent debt tax AL
tNor.z"t ty said Act y" u" OF lN'y ,'N.
r.rt with respect 70 the said ore-haiI
% the surplus OF the on" per cent deoI
en-, therein dedicated to public SchoOls),
ana ~ said tw0-mll water and sewer
faN authorized t~ said Act No OF
1900 shall be respected and performer
according 20 the pIiorlties bv sad stat
lf,s established that all or mat portion
of the funds resulting from the levy OF
said taxes which shall be Tel'aS'h - Oh.
SAID appropriations and deil'a' ,'NS ~
the payment. SttSfd tloh OF tT...'',,,,''-,,'--
OF any OF ne h"iiti H'". '"'' -,
now CHARGED me- anu ~ - -
snail, ''E' ti''I VIZ - -, g.,t t,y
Surplus "i Nc orc pr 'enI,c srrnni
heretofore "'u.' -" ~ f-Iil >, -p-
purposes. ne N-ri ",.r ~, 80, ~
pAYmeHt OF ,ir VI .I', a. e ,,ardmenr
a.. h''l'N $50 49,, ,-.,,,.t,,trg a-rer
,AtI any 80 r-,,.,jr,I and iurar-
Iit pa 49, - - ma. auth0rlzed
"St IN a'F on va ~ ~ b.. ,,'T,.1 over
~ ms am. S'Il,H go >, a., "a NV
20 inc city ca -rtN W - 90; ~, 'r,,,..s ~,
II Tor btli'I a. '''N'' -
when ana 10 the eNl'',' -. =. nc ,h.ii D..
tons now Chhf sNu %" Sa't tAA1n -
pall: SdtIt'Tu Vi IFLNi..'' -, 49,,
shaIi ne I'I"'iS4 I'm ,,r,I,. rE,ia,saJ
and' NI'iiht'''F' "''h - -,
and discharged snail "ees' - ns lev ,eI.
and that Thereafter. an anu az pPi' 70
issued I"lrI Ni''S ~, ."I,hra
pfoNlueu io' nE - So. orr.ars
sufficient L. pay lhe II''.Ipdl am ~
t"rNst or SAID hohaS as my lesP., ~
become Gus p .,'''. - a.
the event Ine I"n"S Lt' e,l.,,.,oN" .
~ dedicated LOT TIE I'dN mem ~ ~"
pFlne!pa! ana lhN'!eSi 't '.t np,'oo -
sued under this atn'hhHsH' S"oulI ~ one
Insufficient; the .lt' OF N@" otIfdu AUS
shall, and II is hereby required 10. IeNH
in every such instance a tax upon all
taxable property IN the Clty or N"w or
leans necessary 70 pay the pIIhCipai
AMI interest OF Saln h"hdS.
Section 9. The principal AMI interest
of all bonds authorized by this amend
ment shall be payable in gold coin OF
the United states OF America. or its
equivalent. Of the standard OF weight
and fuaurSs AZ the time Of the issuance
of each iuStallment Of said bonds.
Said bonds shall be exempt from all
taxation Tor State. parish municipal OF
Savings hanks. tutors OF minors, cura-
tors of interilcts. trustees and other
fiduCiares may invest the funds in their
hand in said bonds.
SAID DODiS may ne usPl lot 'rppSll
with any officer. board. municipality. or
| other political subdivision of the state
| Of Louisiana in any case where 10y pres
! cnt or future laws deposit or security 10
required.
Said bonds may be registered and re-
leased from registry under such rules
as IN" Board OF Liquidation. City Debt,
may prescribe
| this amendment shall bear such rate OF
| interest or. from time TO time, Inherent
| rates or interest. ana snail eNcept as
| herein otherwlSe specially PROVIDED De
! in such Form. terms and denominattohs'
! and payable at such times ana places.
| within period 81 not eNCtedinE ".t
! ears from the date thereon. as the
! Board OF Liquidation; cry Dent shaii
determine. Said Dohds snalI ne issued
| in ser al form ana shaIl be payaoIe IN
annual indictments. commencing not
! more IMAM Two Years from tIe!t ltePtS
| tive dates ana the ihhtaIIIhent taEapIr
| In each yea shall pe 50 hkso ,cat, wnsn
| the annual inter eet 70 auueu mo go, tIe
several annual total amounts OF prlh-
| CllaI anu Iutei est W DC PAU sa, oe
IS nearly e9ual As practcaple' pro!ioel.
! SAID install meh's may De HRed at I,vs
thousand dollars OF the nearest multi
Pile thereof.
! laid bonds shau De sIeheu ny tne
! Mayor and the tommiss !nner or Pubic
! Finance OF tht CltE OF NeW dreams, OF
| officers eNerCisiHE slillIhr IuhCtlohs' ati'
Cnunters.snth " 'n lt rl,S.uent VI Na,e
| fr"sluehl hIIu IAe $500 " AsslS
ant Secretary OF the Enard OF LlIulda'
ton. NY L'pt' anu M Ip"p"Is AZ
| td'hrn 20 sal" ""'''s S"dii p'dr tne
fac-slnHe sIEnd'IIes VI S'lii CoihiIis
Slnher oI IuoiL. r.'t'i,c d'Iu SAL 81
| reldIy OF ASSIS'"'N SCI e'dIS' III 'dse
any 'uch oII'eI whose signature
or cOunter-SlEhalufe appears upof
| such BOND or coupon snail
cease TO he such officer belor'
delivery OF said bond or coupon
To the purchase. such signature oi
| counter signature shall nevertheless bt