The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-10-21

INITIALS, aatef craft sHd other structures
lplFr0s etuents, faculties aHd aterasaftes
lhefeuHiU aFpertaiRing
- 70 acquire, bt appropriation ct
otherwise. the property, eHUefshp, HNH
a. posse slVr 81 any bitiaa Ur ether lHfEs
Necessary 'af the construction. et4|pHeHt
maintenance al operation 81 8tls bash
bfidE. 20 ttuusl aud spFAftrHtHsts ata
ca To- ttt uai. usrHf t'Hag. ALTER nE
.ttHbu the lHBEe ai ans roadway Hulf"
uHyiRablt stream of drain over winch the
an reaches 81 AHs such bridge 90 IuHHyi
Wf u#tT which ans part Ell tHe tHNHg lpIi
railroad system UE the ttls 81 sSra 90.
leans shall extend
10 The CHS el Nrs orleans b. further
hereby granted power, iUF the purpose Of
"eHs. utHtIug agt such bridges sg tunnels
auH sFsuftoHaHu,s and for the purpose III
-.4434Hk the lands - ether thugs neHae
ralE thereto 10 u@Gt It's obligations ia
sarh forms. numbers denominations ana
amounts AZ such tlmrs and prices HHd
spuH such terms and conditions ace a.
Wliuritlts. rates tHd payment ~ interest
and fhsl redemption az The said CRY ~
NrW Orleans mss deem advisable subject
10 the following limitations
tal Except aH mas Ice herein othcrw sa
provided, ala such obligations ahall be
secured solely aH3 only hY lieHA and mort
EiBIs upon ana against such hIidEra o.
tunnels and appurteuaA,rs, aa1 the lands
or UtNyt things necessary thereto aU8 Is
"A len aud pledge apou the net revenues
d4srlk ed from the operation thereof and
shall be paid lhsfetrutu and from 80 other
source 81 sources Whatsoever. except ~
otherwise Niipusaigd herein and not by
any tN ~ 8HHussIHent a. levy upon any
taxable property iu the city 81 New
bttr8He. nor oat IT Hug other f4uaR,
revenues 80 things Of value el sHid city
the true intent and meaning hereof being
that save and eAr@pt % the extent out
~ the funds ami Ia the manner herein
stated. the city 1T New Orleans shall
never be iabi. for uur shall II assume,
au4 debt liability ur obligation incurred
~ created "a the execution OF the pro.
visions hereof
do During the period Of construction 81
s8ah bridges aud tunnels and sppaftp-
udHCes and during such times ns the
revenues from the operation thereof Shall
not hg sufficient 90 provide for the interest
ou. ana lur The redemption eF, aHy aHd all
OF the obligations hetgNIhUNU authorised
90 Dee issued aHy An4 aIl 90 Hagh ublfaa-
/ tpus fallipg due shall be redeemed and
#3 accrued Interest shall br paid tTum the
Eet revenues of The Public Bcit Railroad
syatyiH ui thc cts - New orleans 80 such
extent as u4aS br Required after pyuslas
ing u the manner prescribed - het 80
lta 81 the General Assembly ui the state
Ui Louisiana, Session ~ l#az, for thr pay
mrnt ct The principal and interest IT an}
heHHs authorized ~ said Act $50 ii1 81
| 1905, whether heretofore or hereafter
90 ANY bridges ct tunnels and appur-
teHHHnts thereof constructed, e4UJaEgd
maintained uf operated by the city oi New
| Orleans under the authority hereby con-
irrrcsi, aH4 aB other property acquired by
| the cts 81 NUW Orleans under the proc
! Visions OF this amendment shah form and
ara hereby constituted an Integral part II
! br Public Belt Railroad sFsltfH, lN u Tow
| ~ IS "A mas hereafter exist, which paid
system The CITY If SuA Orleans Is hereby
Isfs IIF#ytHf as 4IsF rff "A "a
| be5 ond the Parish of Orleans aHd the
| public BELT Railroad Commission II the
| city ~ New Orleans Is hereby vested with
! the same powers With respect 10 the
| Public i3ylt Railroad system as well as
| Nfth respect 60 RUth bridges, tunnels, ap=
| puttrHang,s and property, their Agqgisi-
| lioH. construction, operation Aad develop
ment as are HUw vested ~ Said Commits
i sion by Act 30 i13 81 the General As
| sgmblN a the state a Louisiana, session
| q l3us Wlth respect "a the Public Ielt
! Railroad as presently established
| Ibe lttliC iielt Railroad Commission Is
/ hereby authorized without prior Authority
| OF approval therefor by the Commission
! sopusl Of tie ttfy Of New Orleans, to
| rAptHI cut ~ any 81 l's revenues and fDF
| ,b, purpose Of constructing such bridges
| Or tunnels Il SUN NOT 90 exceed twenty
! hsr thousand 8gilags nH AIS one contract
PROVE however, that all disbursements
! bel aHl said sum shall lee made onig after
/
approved hy the Commission Council Of
| the city 81 Ncw trleaHs
! 90 The Public Belt Railroad Commas
| sion, under such terms and conditions as
| II may deem 8dN lsallp. shall have the
| right lu switch handle OF convey iH con
! dfuoGs movement Iaf auy Railroad, trAlns
| ever such bridges Hr through such tunnels
| and over the maiH lines Of the Public }elt
| Railroad 20 the depot Ur yard 81 sail rail-
road ~ % any union passenger depgt q
union terminal ~ The Public I}rii Railroad
| system ii being understood that The sole
! pgrlesr Il this provision IL 70 facilitate
| thr movement ri trains entering lha tliy
| oi AtW orleans ut, The east ~ Yves, bank
| ~ the Mississippi River. lhHgf hu conaia
| tou can the Public Belt railroad Com
/ mission grant switching privileges g. 8Hs
| railroad ever the i'Hhlg Self Railroad
| system
| I'D ANY bridge or tunnel constructed
| bHd ans 8IpgftenaHtcs tssrCbf ani any
lands OF other things necessary thereto,
acquired an constructed under the pro.
| visions Of thfs amendment, and aHy and
| lu property leased 30 or by the cts OF
New Orleans fpr the purpose q this
amendment. during the life ~ the lease,
shall be exempt from every form Of laS
alton special assessment ~ license, and
| shall iu nu manner be hypUthy,ated, leased
| ar ahenated except and only &c further
the acquiring Of ether property % proper
| ties iar the Public ilell Railroad system
OF 10 FlHtl " isF ADVANCE anu carry H&A hft
uh5orta aua gurissps 81 this amendment
ttj The prov visions 81 this amendment
shall constitute a contract between the
holders II anY aud all Obligations issHei
hereunder, the State og Louisiana lusa
the cts Of New orleans
| ~ NoBe If the lTUs Eluua If this amend
mrHt shall by construed az interpreted -
ta SO conflict With the PROV sons 81 Act
| 40 Il the General Assembly Of ths
| State 81 louisiana session 81 tait, b@ing
IA Joint Resolution FfuppFlUE an amend
taeHt - the Consultation uf the state pro.
| gid3aE Ter the funding Of certain debts 81
the sltS n New Orleans sud ~ the Board
lHl Directors 81 the Public ?, huzls, Parish
II orleans, respectively. nor as repeating
tfv, ting changing a. altering Aci ii9 81
the Genera, Assembly 81 the state 81
Louisiana for the year lHGs AUTHORIZING
the Issuance pl tAu million Hpllats 81
bombs for Seit Railroad purposes.
50 That ali the rights. franchises ane
numuultics herein granted shall cont nus
and exist onS upnu Tie cp0ditiou that ib'
construction 81 said bridge shall br 0r
4 lively hrSgn not later than Stay l. lHah
land that the SAIL bridge shall be com
rleteH Rlthla FIVE years from the date 81
| the commencement 81 iHr work provided
that after the WtptH Of construction has
Begun. in the event - delays otg8thtt
failure 81 contractor ur sub contractor u
/, deliver materials GA contract time at %
lany contractor 81 sub contractor % com
plstr work on contract time ~ any asla'
Dgp4tlHucA Us ans agt or circumstance
over Whleh the grantee herein has %
| control there shall be ard ls heahl
granted further time for completion tVuA