New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-09-16

vlded.
Provided that nothing in this Articl
shall be construed so as to prohibit th
General Assembly from providing arti
fetal limbs to disabled Confederat
Soldiers or Sailors.
Section 2. Be it further resolved. etc
mtted to the qualified electors of tn
State of Louisiana, for adoption or re
lection at the Congressional election t
be held on the first Tuesday next fol
lowing the first Monday in Novembe1
1916.
That the official ballots to be used a
said election shall have printed thereo
the words; For the proposed amend
ment to Article 303 of the Constitution
of the State of Louisiana relative to tn
! pensions for Confederate Veterans an
the words Against the proposed amenu
ment to Article 800 of the Constitution
of the State of Louisiana relative 10 pen
| sions for Confederate Veterans" an,
each elector shall indicate, as provide,
In the general election laws of tn,
State, whether or not he votes for O
against the amendment
| HEWITT BOUANCHAUD,
| Speaker of the House OF Representatives
| FERNAND MOUTON,
J Lieut.. Gov. and President of the Senate
Approved: July 5, 1916.
r. G. PLEASANT,
Governor of the State OF Louisiana
A true copy:
JAMES J. BAILEY,
Secretary of State.
ACT NO. no.
Senate Bill No. 90. BY Leon X. Smith
A JOINT RESOLUTION.
Proposing an amendment to the Constl
tuition of the State of Louisiana, pro
viding for the funding of certain debts
of the City of Shreveport, and JUG
ments against the said city, the lssu
ance of serial bonds by said city, pro
viding the purpose for and the name.
in which same may be issued, ano
the duties of the City Council OF the
City of Shreveport, with referenc,
thereto; and the levying by the Cit,
Council of Shreveport of certain txaes
to retire the bonds as issued herein
by said city. And providing tor tn,
submission of said amendment to tn,
electors of the State for their approva.
or rejection.
Be it enacted by the General Assem-
bly, of the State of Louisiana, two-thirds
of all the members elected to eacD
branch thereof concurring, that subjec
to the ratification and approval of tn
electors of this State, the Constitutiol
of the State be amended by incorpora.
ing therein, the following provisions, to
wit:
Section l. The City of Shreveport BY
four-fifths vote Of all the members ..
the City Council thereof, shall hav.
power and is hereby authorized to issue
100000 of bonds, or so much thereo
as may be necessary, to be styled Cit.
of Shreveport Serial Gold Bonds, an
to bear such rate of interest as the City
Council may fix from time to time, as
each installment Of the said bonds is
offered for sale, as hereafter provided;
said rate of interest at no time to ex
coed 5 per cent per annum payable semi
annually.
Section Q. The proceeds of sait
bonds shall be applied to the paymen
and retirement of all certificates of in
debtedness issued by the City of Shreve
port prior to May l, 1916, and to tn.
payment of all judgments rendered.
against said city prior to May l, 1915
Section 3. All bonds ISSUED under
Al HI h. :sr
terms and denominations, and payable
at such times and places, within pc,
iod of not exceeding forty years from
the date thereof, as the City Council o
Shreveport shall determine. Said bond
shall be issued in serial form and shall
be payable in annual installments, com
mencing not more than one year from
their respective dates, and the install
tent payable in each year shall be Sc
fixed, that when the annual interest s
added thereto, the several annual total
amounts of principal and interest to be
paid shall be as nearly equal as prac
ticable.
Said bonds shall be signed by the
Mayor and the Secretary Treasurer Of
the City of Shreveport, and counter
signed by the Commissioners of Ac
counts and Finances, and the coupon
shall have the -simile signatures of the
Mayor and Secretary Treasurer. In
case any such officer whose signature @
counter signature, who appears on such
a bond or coupon, shall cease to be such
officer before delivery of said bond o,
coupon to the purchaser, such signature
or counter signature shall nevertheless
be valid for all purposes.
Section 4. The principal and 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 weight and
fineness at the time Of the issuance
thereof, and shall be exempt from all
forms of taxation.
Section 5. The full faith and credit
of the City of Shreveport are pledged
for the payment of principal and inter
est of all bonds issued under this amend
ment. The principal and interest of all
bonds authorized. and to be issued under
this amendment, shall be paid out of tax
which shall be levied annually by the