St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-09-30

.-gTana denominations. and payable
tefips times and places, within a pc
~ ~ ~ mot exceeding forty years from
~ dste thereof. as the City Council Of
pn.sTernrt shall determine. Said
y enrs ehau be issued in serial form
bonus sbaif be payable in annual in
y 1rasrts. commencing not more than
.,aar from their respective dates,
VnS he instalIment payable In each
W. ebyn be so fixed that when the
srnual interest is added thereto. the
LnsraI annual total amounts of prin-
ri and interest TO be paid shall be
y nearly equal as practicable.
c.id bonds shall be signed BY the
.,a1or ard the OBSERVATION-DISCLOSURES of
70 rftv or Shreveport, and counter
sirnpa by the Commissioners of Ac-
asnts gnd Finances. and the coupons
4ha Mayor and Secretary-Treasurer
caae any such officer whose sigma
t,re or counter-sfgnature, who ap-
.sars on such bond or coupon shall
pesse to be such officer before deliv-
10 of said bond or coupon to the pur-
sbaaer. such signature or counter-sig-
.af,iTe shall nevertheless be valid for
all purposes.
III Of ell bonds authorized by this
soin of the United States OF America
= Hi equivalent. of the standard
Weight and fneness at the time of the
,asnance thereof, and shall be exempt
rom all forms OF taxation.
section s. The fun faith and credit
~ the city Of Shreveport are pledged
az the payment of principal and in
tsrest OF all bonds issued under this
amendment. The principal and inter
at of all bonds authorized and to be
issued under this amendment shall be
aajd out of tax which shall be levied
M r
shreveport, upon all taxable property
IN said city, sufficient to provide for
4ha payment of the principal and in
4erest Of said bonds as they respective
Iy become due. The tax so levied is to
be in excess Of the genera and special
taxes provided for elsewhere in this
Prostitution, and is not to be affected
ly nor to affect the limitations else
where contained in the Constitution
III to the issuance of bonds, and the
levying of taxes by municipalities.
Section 6. The provisions hereof
are self-operative. and the City Coun-
eli of Shreveport may by ordinance
carry them into effect.
Be it further enacted. etc. That the
amendment proposed by this Act
shall be submitted to the electors of
the State for their approval or rejec-
ton at the Congressional election 10
be held on the first Tuesday after the
first Monday in the month of Novern-
Der, 1916; and there shall be printed
on the official ballot to be used in said
election the words, For the proposed
amendment to the Constitution of the
state or Louisiana providing for the
funding of certain debts of the City of
Shreveport" and the words. Against
the proposed amendment to the Con-
stitution of the State of Louisiana pro-
viding for the funding of certain debts
OF the City of Shreveport and each
eisctor shall indicate on the ballot cast
by him whether he votes for or
against the proposed amendment.
i'ERNAND M0UTON,
lieutenant Governor and President of
the Senate.
HEWITT BoUANCHAUD,
Speaker of the House of Representa-
tfves.
Approved: July 5. 1916.
r.. G. PLEASANT,
Governor of the State of Louisiana.
a true copy:
JAMES J. BAILEY,
Secretary of STATE