St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-10-07

section ~. Inc BOdFd u DtiCCloA0
of the Public Schools Parish of Orleans,
or it's legal successor, shall not capl-
talize the wAole or any part or tne
taxes which by this amendment it ID au-
thorised to levy, nor fund the same INTO
bonds, nor borrow money In anticipation
OF the collection thereof; PROVIDED thaL
said Board nay In n calendar year.
in anticipation of the collection OF tne
taxes of sueh calendar year and Tor tho
purpose for which such taxes are tevieo,
borrow such sums as shall not be in ex-
cess Of the amount of Its uncoilecteu
taxes OF such year, Inc may ISSUE ils
notes or other evidences of indebtedness
therefor, and such sums. notes or other
evidences of Indebtedness shall be pay
able only out of the taxes or the caleh-
dar e in which said loan or loans
are first made and for which indebted
ness shall not be payable out OF any
other funds or moneys whatever pro
vided, however, no moneys Shau pc Dor
rowed by said Board for any otneF pura
poses than current purposes. and IN no
event shall any money be borrowed ny
said Board to make or to pay for per-
manent improvements; ana proVlaed
further. that said Board shall not MAKE
anv~ contract or incur any debt or obi
CATION unless sufficient funds not otner-
wise appropriated, TO pay ana ulscnaIss
the same are actually In the treasurer
of said Board at the tim or MAKING
said contract or mourning said debt or
obligation and are specially set aside
and dedicated to said purpose. except as
may be ~hereinabove specially provldea.
Said Board shall annually ana prior
to the beginning of the scholastic year
prepare q budget of its receipts anu ex-
penditures anil said budget. before II
becomes effective. must pc appr}seu w
the Commission Council of the City OF
New Orleans. or its successor as tne
governing body OF said City. and all APP
propriations by or expenditures or Salu
Board not included IN eae sara a4 euu ve
be approved by said Commission Coun-
ell or it's said successor; :,
Provided that nothing herein shail
be taken or construed as authorlzlns
fhe Commission Council or It's sue
eassor to change alter. substitute or
eliminate any OF the items or the
budget thus submitted; the true IN
tent and meaning hereof being ina!
the said council or its successors shail
have no authority whatsoever IN or
over said budget. except to the extent
of as%certaining whether the proposed
expenditures as exhibited by SAID
budget are within the probable and
estimated revenues of said Boara OF
Directors of the Public Schools, Par
ish Of Orleans.
Section 20. The inhibition herein
established against the City of New
Orleans and the Board or DIRECTORS OF
the Public Schools. Parish Of Orleans
or either of them. Borrowing money,
anticipating their revenues, capitalize
ing their funds or issuing notes Of
other evidences of debt, shall apply
70 ali boards, commissions or bodies
created by or under the OF
the m Council of the City OF
New Orleans. or its successor as ehe
governing body of said city.
Section 81. The provisions hereof
are self-operative. and ting City of
New Orleans and the several boards
and bodies herein referred to shall
carry the same n effect.
~ ia a.x-tn.4- ~ onfnH #af7= fhafHfhP
amendment proposed by this act shall
be submitted to the electors of the
State for their approval or rejection
at the Congressional election to De
held on the first Tuesday after the
irst Monday In the month of Novem-
Der, 1916: that there shall be printed
on the official ballots to be used at
said election the words:
For the proposed amendment to
the Constitution of the State of
tain debts of the City of New Orleans
and Of the Board of Directors of the
Public Schools. Parish of Orleans"
and the words:
Against the proposed amendment to
the Constitution of the State of Louis
lana providing for the funding of GER
tain debts of the City of New Orleans
and of the Board of Directors of the
Public Schools. Parish of Orleans"
and tina each eIector shall indicate
on the ballot cast Dy MIN, as provided
by the general election laws of the
State. whether he votes for or against
the proposed amendment.
HEWITT BOUANCHAUD, Fl
Speaker of the House Of Representa-
FERNAND MoUToN,
Lieutenant Governor and President of
Approved: June 8, 1916.
r. G. PLEASANT.
Governor of the State of Louisiana.
A true copy:
JAMES J. BAILEY.
Secretary of State.