Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1916-10-13

Of the Public Schools Parish OF Orleans.
or its legal successor. shall not capi-
talize the whole or any part OF tne
thorized to levy, nor fund the same into
bonds nor borrow money In anticipauon
Of the collection thereof; provided tnat
said Board may. in any calendar year.
taxes of such calendar year and for the
purpose for which such taxes are ievieo'
borrow such sums an shall not be IN ex.
cess Of the amount of Its uncoilecteo
taxes OF such year. ana ~ may inyde l,sa
therefor. and such sums. notes or other
evidences of indebtedness shalkoe pay
able only out of the taxes OF the caien-
dar year in which said loan or leans
ness shall not be payable out OF any
other funds or moneys whatever; pro-
vfded, however. no moneys SNAIL De Oor-
rowed by said Board for any other Pus
poses than current purposes. ana IN no
event shall any money be borrowed "
said Board to make or to pay Tor per-
manent improvements; and provloeo
further. that said Board shall no. m nhNe
any contract or incur any debt or opii-
CATION unless sufficient funds not otner-
wise appropriated. to pay and discnarse
the same are actually in the treasurey
of said Board at the time OF makins
said contract or mourning said debt or
obligation and are specially set asioe
and dedicated to said purpose, except a.
may be hereinabove specially provided;
Said Board shall annually ana prior
to the beginning of the scholastic year
prepare a budget of its receipts ana ex.
penditures and said budget. before 1t
becomes effective. must be approveo py
the Commission Council of the City OF
New Orleans. or its successor as the
governing body Of said City. and all ap,
propriations by or expenditures OF salo
Board not included in the SAID ouaget
ho q pnroved nv said Commission C0un-
ell or its said successor;
Provided that nothing herein shall
be taken or construed as authorizing
the Commission Council or It's sue
eliminate any Of the items OF the
budget thus submitted; the true IN
tent and meaning hereof being that
the said council or Its successors snail
have no authority whatsoever IN or
over said budget, except to the extent
Of ascertaining whether the proposed
expenditures as exhibited by said
budget are within the probable and
estimated revenues of said Board 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 OF 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
| to all boards, commissions or bodies
created by or under the authority OF
the Common Council Of the City OF
New Orleans. or its successor cess as the
| Section Fl. The provisions hereof
are self-operative, and the City OF
New Orleans and the several boards
| and bodies herein referred to shall
carry the same into effect.
| ,rfh
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
held on the first Tuesday after the
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 amendment to
| the Constitutional 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
4 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
on the ballot cast 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-
tives.
| FERNAND MOUTON,
Lieutenant Governor and President OF
the Senate.
Approved: June s, 1916.
| r. G. PLEASANT,
Governor Of the State Of Louisiana
A true copy:
JAMES j. BAILEY,
| Secretary Of State.