The Caldwell watchman. (Columbia, La.) 1885-1946, 1916-10-06
Act No. 68
BY Mr.. kartz. Chairman, Committee on
CITY Affairs. Substitute for House
/ Bill No. IT'S, by Mr.. Barrett.

BY Mr. kartz. Chairman, Committee on
CITY Affairs. Substitute for House
Bill No. IT'S. by Mr. Barrett.
A JOINT RESOLUTION
Proposing an amendment to the Con-
stitution Of the State OF Louisiana,
granting to the City Of New Orleans
power to construct, equip. maintain
and operate, through and by the
Public Belt Railroad Commission OF
the City of New orleans. bridges and
tunnels across the Mississippi River
at or near New Orleans, and to do
various acts incidental thereto and
to the operation generally of the
Public Belt Railroad system Of the
City Of New Orleans, and providing
for the submission of said amend
ment to the electors of the State for
their approval or rejection.
Section l. Be it enacted by the
General Assembly Of the State OF Lou
isiana. two-thirds of all the members
elected to each House concurring, that
subject to the ratification and APPROX
al of the electors of the State. the
Constitution of the State be amended
by Incorporating therein the following
provisions. to-wit:
% The City Of New Orleans Is
hereby granted plenary and exclusive
power, by such means and methods as
It may deem meet and proper not In
conflict with the provisions OF this
amendment:
(a( To construct. equip. maintain
and operate across the Mississippi Riv-
err at or near New Orleans. bridges
and tunnels for railroad and highway
use. together with all approaches. rail-
road and highway connections. roads.
roadways, railroads, terminals. water
craft and other structures, improve
facilities nd
unto appertaining;
OBJ To acquire. by appropriation or
otherwise, the property. ownership.
use or possession Of any lands or other
things necessary for the construction
equipment. maintenance or operation
OF any such bridge or tunnel and ap-
purtenances: and
tc) To lay out. open. close. alter or
change the route of any roadway, nom
navigable stream or drain over which
the approaches Of any such bridge or
tunnel, or over which any part Of the
Public Belt Railroad system Of the
City Of New Orleans shall extend
co The City Of New Orleans Is
further hereby granted power. for the
purpose of constructing any such
bridges or tunnels and appurtenances.
and for the purpose &c acquiring the
lands or other things necessary there
to, to issue its obligations in such
forms. numbers. denominations and
amounts. at such times and prices and
upon such terms and conditions as to
maturities, rates and payment of in
terest and final redemption as the said
CITY Of New Orleans may deem advis-
able, subject to the following limita-
lions:
(a) Except as may be herein other
wise provided, all such obligations
shall be secured solely and only by
liens and mortgages upon and against
such bridges or tunnels and appurte-
nances. and the lands or other things
necessary thereto. and by a lien and
p'ed~e upon the net revenues derived
from the operation thereof, and shall
he paid therefrom and from no other
source or sources whatsoever EXCEPT
as otherwise stipulated herein, and not
! by any tax or assessment or levy
upon any taxable property in the City
Of New Orleans, nor out of any other
funds, revenues or things of value Of
said city: the true intent and meaning
hereof being that save and except to
the extent, out OF the funds. and in the
manner herein stated the City Of New
Orleans shall never be liable for. nor
shall it assume. any debt, liability or
obligation incurred or created in the
execution of the provisions hereof.
OBJ During the period of construc-
ton OF such bridges and tunnels and
appurtenanCes. and during such times
as the revenues from the operation
thereof shall not be sufficient to pro-
vide for the interest on, and for the re-
! demption of, any and all Of the OBJ
| legations hereina bove authorized to
! be Issued. any and all of such obliga-