St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-11-04

dedication either By the calling ana re-
funding or the payment In due course
q ~ q Any Se Of tns q tss
emendment: provided that II the funa.
derived from the sources Aforesaid shall
p 1nsvM?tent y any one yeef 70 pay
e. m an1 intsr:st OF the s.a ehe.
cause there sfall not 3 FUNDS appro-
lriated to or ava4labs? 1r such purpose.
The City Of NV 0rlseas shall j, levy =, g
dcdetsnoy: and p,evidsd further tnas,
whsa the Aforesaid one Per cent debt
tax and two mill water and sswer tag
:h 70 ss 8: 1: sy. tn e: Ssg q
70 pay the principal ana interest Of
8; "a sends - ts'7 respectively become
al S' ss'ens ssss's .na
{horissd 81 se1d Act Ne 10 q 1890 Ie1,
EFT w a::ps e !: 81 y: s sa cent
az therein dsdlsetsd . public schools).
ana Of said two-mil water ana sewer
tex, authorized 81 sa3d Act No: Of
1929, shall BE- respected and performea
:s:: e g: q e.. :ss sess
aid taxes which shall b released from
saA appr6pF1ationo ana dsdieAtione ~
q any o1 the bonded debt obligations
now charged thereon and thsre-ageinst
aall tegether With the ons-half Of the
surplus OF The enc Per cent debt tai q;
5. ss:S .a e !sppsa 70 shss
payment Of tAs principal and interest Of
III bonds issued uadef this Amendment:
Nat any residue lAsssof seEneining after
sst n any one .. ysar 81 bonds authorised
bY this amendment shall be turned over
90 the city Of New Orleans. to be used by
Il for general municipal purpose: but
when. and to the extent that. the obliga-
paid, satisfied or refunded. said taxes
hall DO released from said obligations.
aAd. ultimately. when entirely released
and discharged. shall cease to be levied;
ISSUED under this amendment shall be
provided for BY tan upon all taxable
property IN the City Of New Orleans
0af0oaoot to pay the principal and In
q az: ::d ss.s the; %
the evsat the funds hsrsinabove speoial-
pxr,sssSsf ana ia..r:es Il the BOND. IT,
s:ss S1esf hj Il. cx e Ss%
skail. ana Il % hereby required TO- levy
n evSey such instance tax upon all
ta1lbts property IN the City Of New Or
sfs ,.t s:s::: & IL. e the principal
esStiSo I Re ps.neipsl n: :nsl interest
u : e ss: : p e e ssa coin
Id ansnsss q the tine Of the issuance
e each installment q said bonds.
Said bonds shall b exempt from all
AQ1etfon for STATE. parish. municipal er
6aviaS4 banks. tutors Of minors. cura-
lqrs Of mtsraleta. trustees and other
9uei:sies maL invest the funds in their
With any e@eeT. board municipality. o.
other political Subdivision OF the State
e Louisiana In any case whore by pres
en4 Or future laws deposit or security 10
631 Bonds may b registered and re-
1eased from reGfetyy under such rules
= }As 1esfS ef liquidation City Debt
a s sSf S:r ':sssd rs ssd &
nt1rsse q. from tia9 70 time. different
herein Otherwise specially provided. be
s sSl 4 t'. .9es aed s: end psee:
kitAia . period Of nos exceeding nifty
Years from the date thereof. an the
Board Of Liquidation, City Debt. SHAH
00Sof01n0. 90l0 00n00 0Q8K DO 188UeQ
IN serial form and shall b payable in
annual installments. commencing not
I've dates. ma tks instaiiment payable
r. saeh year shall be 20 ixed that, when
several annual total amounts Of prin.
elpai and Interest 20 be paid shall Do
~ nearly equal ~ practtcable; provided,
eaid installments may be fixed at nvs
thousand dollars Or the nearest multi
said bonds shall be signed by the
Mayor and the Conmissloner Of Public
Finance Of the City Of New Orleans. or
e0cers sEero!stng similar functions, ana
Srssidsnt ssd he Secretary e or a Assist list
ant Secretary Of the Board Of Liquida-
tiol. City Debt. and the coupons at
tached to said bonds shall bear the
sionsr Of Public Finance and said Sec
petary or Assistant Secretary. In case
my such ofncsr whose signature
~ counter signaturs appears upon
.nsa :. bead On .,s Or . coupon ,s shall
lsii!.ry Of said bond or coupon
Sumter mt si9aassss shctY p.7sr as % %
Wild for al purposes. The cost and ex-
dsty Debt ~ ~ -
section II. All boQds Issued under
Nils amendment shall be sold by the
ecsrd Of tsuadstion; City Debt; to the
ldsais s1tF due advertisement Of not
l1b9 thaA Ave Insertions in the ofncial
pourgal Of the City Of New Orleans ttne
l1pt 1nqertion TO be et least fifteen days
pg4or d tho date at the salel. and sucn
o1oey advertiopmeut, in said city or
6swasfe: a. 1aid Poarq Of Liquidation
14Y n ~ discFet1on direct; provided.
my and al bids.
vsdsS 10 this amsndment I' the CITY Pr Of
New Orleans shall not borrow money,
ssue bonds, notes or other evidences Of
Indebtedness or pledge its credit or an
fteipats the osllsotion OF any Of its
No money shall be drawn from the
therefor previously made,
nbk shall ssh ~ make any CONTRACT
y Incur any debt - soaAsasaoa for aay
whatsoe1er unless sunscisnt
IendA. not Otherwise Appropriated. 70
~ and dlsehar0s eans are actually In
- treasury Of said city e& the time Of
p4akang the oootraet Or fnearr1ng the
Isoe Or ooliEa4ioo and are specifically
lee asade and dedicated to said purpose,
.ofegoing limitation and restriction
hall not apply er be held to apply to
eontracts or Obligation incurred with
aspect TO the furnishing to said city or
a9nt neat Or power, water. telephone
wee or garbage removal or dostruc-
The said city may in any calendar
,ear In anticipation OF the collection Of
he purposes for which such taxes are
0v1od, borrow such euma "A shafI nor