The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1916-09-14
PROPOSED
AMENDMENTS
TO TIE
CONSTITUTION OF LOUIS
lama
Adopted at the Session OF the
Legislature of 1916.
To Be Voted On at the Congress
sioYlal Election.
Act ENo. a

Act no. q
House Bni No. 4. BY Mr.. Byrne.
a JOINT RESOLUTION
Proposing an amendment to the Consti-
tption Of the state of Louisiana pro-
Vidnlg for: The funding OF certain
debts of the City of New Orleans and
of the Board of Directors of the Pub
lie Schools. Parish of Orleans. re-
spectively the issuance of serial bonds
~ said city tile purpose for and the
msnner in which same may be issued
andf the duties and functions of the
Board of Liquidation, City Debt, win
reference thereto; and the leyying by
the city of New Orleans and the
Board OF School Directors, Parish OF
Orleans, respectively, of certain taxes
for general municipal and school pur-
poses; and providing for fhe submls-
sion of said amendment to the eleS-
tors of the State for their approval
or rejection.
BE 1t enacted by the General Assem-
bly, Of the State of Louisiana, two-thtrds
of all the members elected 10 each mouse
concurrtng, that subject to tne ratincas
&ion and approval of the electors OF
the State the Constitution Of the State
be amended by Incorporating therein
Section /. The City OF New Orleans,
by q vote OF three-fourths Sf all the
members of the Board of Liquidation
Sly Ds6 Dy 2, s 90 m
the governing body of said Esvni sipaIlty.
adopted by vote of two-thIra| or ali
the members of said council or govern
1ng body. shall have power and is here-
by authorized TO issue Nine Million Dol.
lars $4,000, ,000) Of bonds, to be styled
CITY of New Orleans Serial Gold
Bonds," and to bear such rate OF inter-
est ms the Board of Liquidation, city
Debt. may fix from time to time as each
installment of said bonds is offered for
sale as hereinafter provided.
fnn.. T1@gI Z
100000, in par value, of the bonds ap-
ehorfzed by Section of this amendment
shall forthwith be sold
The proceeds OF said three million
dollars OF bonds shall be applied exciu-
sively to the following purposes and in
the following order;
Ca3 The payment of the outstanding
and unpaid school Teachers Salary
62nds q the city os NeW QTlsaps Is, Z is- e
of fBAe StAt8 u LouiBsan4 esF
xear 1905 which bonds shall be
eaile6 for payment and paid as soon -
prfS5'e1Ti,hss' eSl RE payment of the principal OF
enc floating indebtedness OF the
board Of Directors OF ne er,aans ruD-
aS,denced rs need BY note or notes out
stanaing at the time Of the adoption
az this amendment to an amount nc
exceeding Six hundred ana Fliy lneat asa4
IN the event that said indebtedness OF
anv mart thereof shall have been paid
bv said Board out Of its current reNe-
nsres previous to tile adoption Of TINS
atnapdment the amount thus PAID tnot
70 excnad Ss50.000, howeyer), snail De
paid over IN cash 30 said Board 70 ne
usea BY = for school purposes as pro
F'Ie9 1c1 The payment Of tbs sum Of Five
Hundred Thousand Dollars tsa0o.0Voy.
-wifh interest thereon. borrowed by the
CIV az rev Orleans for storm emeFgen-
cv purposes in the year 1915;
fdJ The payment of the oyerdra1t or
other indebtedness que Dy as lne ~ MY other e
henks representing loans or advances
n.ade BY them 70 said city otner 5nan ~
those referred 90 N parasfaptn lapt aS,caa5-
ing ia principal ard interest tne sym syn
~ one Million Three Hundred and FIJI
~ Thousand Dollars sslsSs9sS;OeS1; .rocsad. and
shall be used and employed py t tne
Hoard OF Liquidation, City Debt, for the
payment Of Public tmproyeI1nenh -Isrtli, ~ la,
forth in Section Of this amendment
Sa~tIon The remainder or the
bsess authorized by Section ! OF TINS
amendment, or 80 much thereof as may
~ nacrssary ssasl be sold. from time 20
time in such amounts as the Board OF
ftouifation city Lebt, may determine.
sha,l 10 applied BY said Hoard 70 the
navmert ot Public Improvement Certih-
rates authorized by Act No. e6 OF the
(lpnnTEi Assembly QI the 6ttAtC "a
fsna for the wear / eos. and acts aH1enaa-
torv thereof, and presently outstanding
On sEsHed al any TING IN EsylieAt q
nry contract made before this aTnena-
frafnr't;es az when Eald maturities can
be anticipated upon terms SATISFACTORY
TO saii Board - ~
amendments thereof. as well as all stat
ttep upon the same subject, ana so
much Of Acts No Us ana No. ~ "
fae General Aesanbiy Of the state oi
I,orsssara for the year 1910, ans other
efafyfae on the same subject matter. as
may affect, apply or pertain 10 the S.1ts
Of New Orlears he ana the "a p.,,,,is &
'..rs;s.e .,sesaf Cer.aoetss may be issued
n thc v-sanner proyi IA by said Act No
Es 81 1905, and ar1ailaInents tsers1dy, sny,r. !.
lrvnert OF any contract mace DeAo1'
tisss rraandruert takes effect.
section 4 The city of New Orleans
nay also issue and negot'ase its oor, POI. i !
vvhen authorized by vote OF majority
- lumber ana amount Of the property
tr~rrvers who shall have neen ass3ssse.
for pYrparty in said city as shown ns
49, fert assessment made prlnr 70 Ia'
sshv,sses.on OF the proposition 70 m
s~fs ,es.o-erty taxpayers and who az
osl -rvssep qualified 70 vote under Z q
f~,stit.5tion and laws. OF this state
~rtsa~ 1T an election called by or iinanc e,
r'frg nv 4 vote OF two-this@s or al
49, rre,s,bers of tile Commission Coua
cii. Or It's successor ~ ths sss govefhsn' s,,'
s,.f.sss s-4iYnnce before any klch e'ec
is~ oraerei shall be also ado7te1 y
sefe ~ fhFee-foartlis Of all the rssis
bs-s 81 fa.s Beard Of Ligui letion. q I,
50 Iua notice Of said slecta9 sila;
~ .,ts,.ieaed for thirty days ~ the es.l
rsf Journal Of sail city ttour NeeNs
s.a~tsg, 4 0f said notice conststlt aE
raslirat;sn FOR thirty Gays nfof'1e
fftrf ..sye intervene between the "a (
eF to Erst Insertion ana the date
sasa eisS,son, a,sa ,shatl be issued under tnf
ractSon foR any other. purpose OF 70
Env rreatcr amount than that state \
fe si,1 riisslon Of the propositlcn :
Age~t.s, s III case OF hre, food pei
re storm or ether public calanl' 9
~ fssty ef New Orleans shall nav
essear shv 4 tW0-thirSs vote Of Al, 8
,arsi,nre OF the Commission Council z
tss sseperrnr as the governing Doay {
aafa cily. ccncHrred IN by snfss
Fes,rtrs vote or ali the membsrs o. q
rsf-zof I.squidstion City. Debt,
tcreo s money anu Issue ana neao Ia IA
hesNs III such sans not eNoeeaa.aA ~ -
,sar..6 Tho;e and Dollars fszos.ocS
mail 80 necessary IN any cns see
Arnn4a2B