The Caldwell watchman. (Columbia, La.) 1885-1946, 1916-09-08

MT. hdNlZ, mar committee Oh |
city Affairs. Substitute for House !
Rill No. l1S. by Mr. Barrett
\ JOINT RESOLUTION.
Proposing an amendment 10 the Con-
stitution Of the State Of Louisiana,
granting 10 the City Of New Orleans
power to construct. equip, maintain
and operate. through and by the
Public Belt Railroad tomr.ission 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 ii 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:
CD The City Of New Orleans is
| hereby granted plerary 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
! er, 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
ments, facilities and accessories there
unto appertaining:
| (b) 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-
| purtenanccS: and
(C) To lay out, open, close, alter OF
change the route Of any roadway, non
navigable stream or drain over which
the approaches Ct any such bridge 81
tunnel, or over which any part of the
Public Belt Railroad system Of the
City of New Orleans shall extend.
(2) The City Of New Orleans is
further hereby granted power. for thu
purpose of constructing any such
bridges or tunnels and appurteranceS
! and for the purpose uf acquiring tn,
lands or other things necessary there
to, to issue its OBLIGATIONS in sucl
forms. numbers. denominations an,
amounts, at such times and prices AM
upon such terms and conditions as t,
maturities. rates and payment of in
! terest and final redemption as the sal
City Of New Orleans may deem advis
able. subject to the following limita
l tons:
(a) Except as may be herein other
wise provided. all such obligation
shall be secured solely and only b
liens and mortgages upon and agains
such bridges or tunnels and appurte
nances, and the lands or other thing
necessary thereto. and by lien an
I pledge upon the net revenues derive
from the operation thereof. and sha
be paid therefrom and from no othe
!. as otherwise stipulated herein, and M
by any tax or assessment or lev
upon any taxable property in the Cit
Of New Orleans, nor out Of any otht
funds. revenues or things OF value
said city: the true intent and meanin
hereof being that save and except
the extent. out Of the funds. and in II
manner herein stated. the City of Ne
z, Orleans shall never be liable for, n,
shall it assume. any debt, liability
8 obligation incurred or created in Il
II execution Of the provisions; hereof.
lie tb) During the period Of constru
ton Of such bridges and tunnels a,
e appurtenances, and during such tim
l. as the revenues from the opcrati,
g thereof shall not be sufficient to DR.
II vide for the interest on, and for the r
le demption of. any and all of the 0
IA legations hereinabcVe authorized
be Issued. any and all of such oblig