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

Section 10, The Board of Directors
of the Public Schools, Parish OF Orleans.
or it's legal successor. b not capi-
talize the whole or any part OF the
taxes which by this 1t is au-
thorised to levy, nor fund the same into
bonds, nor borrow money in ANTICIPATION
of the collection thereof; provided that
said Board may, in any calendar year,
in anticipation OF the collection OF Inc
taxes of such calendar year TOR the
purpose for which such taxes are ievleo'
borrow such sums as shall not be IN ex-
cess OF the amount of its uncoliectea
taxes of such year, and may issue It's
notes or other evidences or Indebtedness
therefor, and such sums, notes OF otneT
evidences OF indebtedness shall be pay
able only out of the taxes or the caien-
dar year in which said loan or loans
are first made and for Whhch lndepteu-
ness shall not be payable out or any
Yided. however, 40 moneys snail De Dor
rowed by said Board for any other pur-
poses than current purposes, ana IN no
event shall any money De borrowed py
said Board to make or to pay for per-
manent improvements and pfov1ded
further, that said Board shall not MAKE
any contract or incur any depI or 9pas-
CATION unless sufficient funds not othef-
wise appropriated, to a and dlscharge
the same are actually III the treasurer
of said Board at the time or making
said contract or mourning said dept OF
obligation and are specially set ASIDE
and dedicated to said purpose except as
may be h~ereinabove specially provided;
Said Board shall annually n prlor
to the beginning of the scholastic year
prepare a budget of its receipts ana e1-
penditures and said budget, before II
becomes effective, must be approved by
the Commission Councll OF tie lily ~
New Orleans, or its successor as the
governing body of said City, ana al ap,
preparations by or expenditures OF saIu
Board not included In the sale pudset
shall likewise before becoming eHect4ve
Nc apnrnuad Inv said Commission Coun-
ell or its said successor; :,
Provided that nothing herein shall
be taken or construed as authorizing
the Commission Council or It's sue
cessor TO change. alter, substitute or
eliminate any of the items of the
budget thus submitted: he true in
tent and hereo1 peihg Ihat
the said council or its successors snail
have no authority whatsoever IN OF
over said budget, except to the extent
of ascertaining whether the proposed
eynenditures as exhibited by said
budget are within the probable and
estimated revenues OF SAID boafa Oh
Directors of the Public Schools, Par
ish of Orleans,
section 20. The inhibition herein
established against the City OF New
Orleans and the Board Of Directors OF
the Public Schools, Parish OF orleans,
or either of them, borrowing money,
anticipating their cap1taIlz-
ing their funds or issuing notes OF
otber evidences OF debt, shall apply
to all boards, commissions or bodies
created by or under the authority or
he Common Council of the City Of
New Orleans, or It's successor as the
governing body of said city.
Section 81. The provisions hereof
are self-operative, and the City of
New Orleans Inc the several boards
and bodies herein referred to shail
carry the same into effect.
Be it further enacted, etc. tina the
amendment proposed by this act shall
be submitted to the electors OF the
State for their approval or rejection
at the Congressional election to be
first 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 mendmen 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 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 that each elector shall indicate
the ballot asst by him, as provided
by the general election laws of the
State, whether he votes for or against
the proposed amendment
HEWITT BOUANCHAUD,
Speaker of the House Of Representa-
FERNAND MOUTON,
Lieutenant Governor and President of
the Senate.
Approved: June g., 1916.
r. G.. PLEASANT.
Governor of the State of Louisiana.
A true copy:
JAMES J.. BAILEY.
Secretary of State.