The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-10-14
CONSTITUTIONAL AMENDMENTS.

NN W. v
House Hll Na ~ Mr B}rue

ul lnv i.uafd so Directors II the Public
schools. Parrish Of orleans, respective
Is thr Issuance OF serial Juhds ~ sada
eats. the purpose lot au8 the manner
tu which aiTue may lt issued and the
duties aud functions II the board OF
Liquidation. cats Debt. with reference
thereto. tHa thr iey5sus hy the CITY
III NtW orleans and the Board Of
SgHuj Directors, Parish Of Orleans,
reslt-gtl4eI+. al certain taxes for gen
tfii municipal ANA school purposes
aud lTukg4iHE tuf the submission OF
said Amendment 60 the electors Ui the
state luf tarf approval OF rejection.
lss It vHAEtc4 h5 Tie General Assembly
VI ths state ct Louisiana, tso- thirds Of
ali tEy members elected TO each House
SuHtgTIuHg. that subject TO the ratthea
hon and approval ~ the electors OF the
state, tho Consultation Of the state es
amended uy Incorporating therein the iua
sys lug provisions, Go vii
SECTION ] The cts OF New Orleans, by
kVutr ut three tguTtha ~ All the 1neinbrfs
VI the Hoard al Liquidation, tlly Debt
approved BY resolution ~ the Commission
Council 90 It's successor AS the governing
sody u said municipality. adopted b a
sote Ui two thirds OF ali members Of said
council ct governing body, shall have
power ana Is hereby authorized to issue
Nine Million Dollars SEQ eool OF bohas,
10 be styled city Of New Orleans seFial
tiuld iianlh and ts bear such rate Of
interest as the Hoard II Liquidation, Eiti
Debt may fiS FROM time TO time an each
,HstAIlmunt uf said bonds IL offered Tot
sstie as hereinafter provided.
section : Fbrev Million Dollars tS3,
,,ay, e1Ol lu par value, Of the bonds au-
thuriSel by SECTION 81 this amendment
shall forthwith bo sold
The proceeds Of said three million
duliafs ut bonds shall be applied Ustlu.
slyup 90 the following purposes and In
the following order
tal The payment OF th. outstanding and
uuiaid school Teachers salary bonds OF
the Glly III New Orleans, issued under
Act No . al the General Assembly OF the
state 81 Louisiana for the ear 1906, ehieh
bonds shall he called fpI pas meu' aHa
uAiu "a soon as practicable
tbl The payment Of the principal % the
heating Indebtedness OF the Heard Ui III.
fsrtUFs " the Public Schools, Parish VI
Orleans evidenced by note ct notes cut.
standing at she time 81 the adoption OF
this amendment to an amount not ~
Cce1tnR STA Hundred and ftfty Thousand
Dollars ti6JD. 9gDJ provided That. In the
event that said Indebtedness OF ans part
theruut shall have been paid by Eaid
Hazard out ~ It's current revenues tire
yioua t. the adoption II this amendment,
the amount thus paid mot % exceed 't5o,
unG. hoSeYefi. shall he paid over in cash
tn said Board 90 be used by II for sghous
ggrposes. 40 PROV ldrd bl law
go The pay msut Of the sum 81 i've
Hundred Thousand Dollars tJVH eVhl with
interest thereon. borrowed by the city Of
New Orleans fuf storm emergency par
puH0s 10 the year itla,
tdJ lAr payment Of the oyefdfau oT
other Indebtedness due t,S tnt Glty q New
orleans 10 IFS ilBeal agents 0r ether baHks
representing loans or advances made by
them 60 said City, either than those re-
ferred Go iu paragraph tct of this section,
GO an amount not exceeding I'M primo Ial
and interest ttv safu 1T Dne Million Three
Hundred aHd FsftS Thousand Dollars
tIt, gbe. o0ol aHd
Tel The balance u SAID proceeds shall
ue used and euuplp} ed hy the Hoard OF
Liquidation. tity Debt. for the payment
~ Public lmpruN emaut certificates 81 the
Sity IT Ne" orleans, as set forth III
Section 3 of this amendment.
Section ! The remainder uf the bonds
authorized IS section / ~ this amend
uent, or Sc mach thereof AS ma5 be
necessary shall De sold. from time 60
time. I'm such amounts as the Board Ut
Legislation. city Debt. may determine,
aud the proceeds Il the sale thereof shall
Ia applied hy said Hoard 90 the payment
IT Public Improvement Certificates au-
thnfiEea bY Act Ne #s Of the General
Assembly u tho state II Louisiana for
the year 1905 ard acts amenaatoFs there
uf aud presently outstanding oF issued
at any time Ia payment Of any contract
made before this amendment takes effect,
at their respective mHtnftttas pT when
terms satisfactory &c said Board
said Act No IS 81 i3os and all ametd
Inents thereto, ar well as all statutes upou
the same subject. and no much OF Acta
No tss RHd NO go OF the General Az
eenhly ot the state Of Louisiana for the
year 1919 and other statutes on the same
subject matter, as mas affect, apply or
pertain Ga the cts uf New Orleans, lie
and the saEuc are herehy repealed never
theleas Public Improvement Certificates
mn 10 H. The flfnNtEfA DIV
said Act No 80 ~ ises, and amendments
thereof in pas meut Of ans contract made
before thls amendment takes effect
Section I The city OF New orleans
may also issue HHd negotiate its bonds
when authorized h} vote OF majority
in number and amount az the property
taxpayers, who shall have been assessed
for property lH said elty as shown hF the
last assessment made prior tn the suhHis
sion uf the ptunusttlpu Go the said property
taxpayers sad sha afe otherwise qualified
To- vote under the Constitution and laws
1T this state voting at ali election called
by ordinance adopted by a vote Of two.
thirdH ~ AL the members az the Commits
sion Couhgl ar It's successor as the Roy
prRinE body 81 said city of New Orleans
sad which ordinance before any such
election In ordered shall be ais0 adopted
hy vote II three {gufths uf ali the them
hers 81 the Board 81 Liquidation, tttl
ithi Due notice az said election shall b.
Journal ut said city tfpur &eekiy Insertions
az said notice constituting publication
for thirty DAYS, providing thirty days In
tvrFeue between the date OF the nrsi
Insertion aud the date ot sBii eleetioul,
Ne bonds shah be issued under thls
section for any other purpose OF tor any
greater amount than stated tn shs sub
mission ~ the proposition to- said tar
payers.
Section IN ease nt IRE, Hood, pest,
fence storm ar either pubic calamity, this
t'ity Of NeR Orleans Ehail have power
rs twn thirds vote 81 all the members
~ the Commission Council or it's sue
trssor 80 the governing body ~ said ftty
CONQUERED IN hS thFee fpnrths s0te oi
Hll the members If the iiUafd Of Llauida
lion tfty Debt 60 borrow money ana
issue aud negotiate bonds in such sum
not exceeding Ftsr Hundred Thousans
Dollars $500 1a0l, as shall be necessary
TIA any une such emergency
Section For the purpose ~ refuudine
4jl 81 ans part II the bonded Indebtedness
~ aha 'itY ~ New orleans existing AT III,
time q thC adoption u this amendment
b1nda mas from time tu time be ISSUED
aud negotiated When any ~ the issues
4 the bonds az s8id ptty outstanding "A
the tifue Of che adoption ~ this amend
meHt shall become rallHhte agcaEdus q
they are Ftsprttitslt issued or ehuu IN,
consent of au the holders ~ ans sHtt
issue ~ bonds can be secured thu lluaFt
~ Liquidation CITY Debt shall have tht
right IN lta discretion ta eaIl and Pas ans
one az more 81 s1i3 Issues ~ bonds, ans
shall BE authorized by resolution dulS
aHuntFt IA iasut and ryHgf late hYg4iR e.