The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-10-14

issued under the aforesaid Act NO, s3 Of
1914, or under subsequent legisla5 lsns shall
not at any one time be outstanding IN an
amount IN excess of Five Million Dollars
Section Is. The total issue of bonds by
the City of New Orleans for all purposes
shall never exceed ten per centum of the
assessed valuation of the property in said
city; provided, however, that neither the
apanag tss purposes a a amey the $1,000
900 Public improvement Bonds issued
under said Act No. s of 1893 and the
issued under Act No. 10 of the General
Assembly Of the State of Louisiana for
the year 1906, and acts amendatory there
such bonds. hereby or hereafter author
lied, into which the aforesaid bonds or
any part thereof may be refunded2, nor
authorized by Act No. 179 of the General
Assembly of the State Of Louisiana for the
year 1908, nor any bonds hereafter au-
poses, nor any bonds which may hereafter
be issued for water supply or for the
acquisition or construction of any revenue
certificates primarily ehargeable against
| special assessments for street paving,
| shall be included in computing the 3ndebt-
| this limitation; and provided further, that
emergency bonds may be issued as au. u.
even though said limitation shall have
| been reached provided that the Nine Mil
| lion Dollars of bonds authorized by Sec
1 ton l Of this amendment shall not be
subject to the limitation herein fixed at
the time or times that same shall be
| issued; but, with respect to any other
this amendment there shall be included
in the computation said Nine Million
Dollars OF bonds, Notwithstanding the fact
that all Of said Nine Million Dollars Of
bonds shall not have been actually issued,
| and such amount of emergency bonds as
| may be then outstanding.
L 7 TE,.n TDr,s,- ,Jrs tiHr1
| City Debt, as now organized and created
and with the powers, duties and functions
prescribed by existing laws and by this
bonds authorized by this amendment are
outstanding and unpaid; and all taxes
/ which may be levied for the payment Of
be paid over to said Board, and shall by
! 1t be applied in payment of the principal
and interest of said bonds, and said board
shall with respect to all bonds authorized
by this amendment be entitled to exercise
all the rights and enforce the performance
of all the obligations, the same as 1t is
the time of the adoption of this amend
ment with respect to any of the presently
outstanding, bonds of said City of New
of value held by the Board Of Liquidation,
City Debt, for bonded debt purposes other
than taxes now or hereafter levied, and
of value now or hereafter held by said
Board under Act No. 1913 of the General
Assembly of the State of Louisiana for
the year 1880 and all amendments there
to, shall when released from contract
obligations or dedications imposed by laws
existing at the time of the adoption Of this
amendment be used and employed in the
discretion of said Board in payment and
retirement of any bonds of the City OF
New Orleans then outstanding.
/ Section Is. For general municipal pur-
poses, exclusive of the support and main
| tenance of the public schools and the pay
ment of the bonded debt of the City OF
ht-1Hs crrt aSfy t11sA1 nnTh
levy upon all taxable property within SAID
city a tax not exceeding six and one hall
mills on the dollar of the assessed valua-
ton thereof; provided, however, that Whe1
4 the one per cent debt tax authorized by
said Act No. ITO Of 1890 and the tWo-n1il
water and sewer tax authorized by sale
to be levied, and if thereafter the. taxes
levied by the City of New Orleans in any
one year for bonded debt purposes be less
than ten mills. said city may in such
events levy for it's general purposes sucl
additional tax which, when added to ths
tax of six and one-half mills hereby
payment of the principal and interest O
its bonds as they severally mature, shall
not exceed in the aggregate sixteen ane
one-haf mills.
+ Section Is. Inc reservation of twenty
per cent of the revenues Of the City @
New Orleans shall not hereafter be made
the General Assembly of the State o
Louisiana for the year 1912, except inso
far as the fund so directed to be reserved
!. before this amendment takes effect to TIL
payment of any obligation of the City o
!, New Orleans, and said reserve fund Q
cations charged against it by law ans
because of contracts, existing at the tim
of the adoption of this amendment, shall
|. Section II. For the support, naainte
pa ai se indsi IN the city Of NsW orleans
! Schools, Parish Of orleans, or its lega
not exceeding. three and one-haf mills, a
said Board shall deem necessary, Whicl
levy shall be certified by said Board t
: the Commission Council or other futur
! governing body OF the City of New Or
leans, which shah , cause the tax AZ. 70 :, ?
| according to law against all taxabl
, property in said city. as assessed an
valued for city taxation purpose;st; an
, paid over to said Boar1 of Directors of tn
Public Schools, Parish of Orleans day b
day as collected;
appropriations and funds now authorize
or directed to be levied or contributed b
1896 or other provisions of the Constitu
ton of this State. All constitutional pro
) visions to the contrary, as well as A a,
:, No. 262 of the General Assembly Of tn
State of Louisiana for the year 1s1.
, ratified as an amendment to the Consti
tuition of this State, are hereby abrogate
and repealed, and the City of New Orlean
!; shall have no power or authority to us
or employ any of its taxes or funds flo
, the establishment, support or MAINTENANCE
. of the public schools, directly or indirect
, ly, except as herein authorized provided
however, that the City of New Orlean
shall administer, use and employ all tn
funds, property or things of value now G
hereafter held by it under any specif
!, legacy, bequest or donation made or
be made directly to it for school purpose:
: and shall carry out and execute the con
ditions of all such special legacies be
quests or donations that have been here
tofore made to and accepted by said Cit
: of New Orleans and all such as may here
after be made to and accepted by said cit.
/ Section IS. For the purpose of givin
J the Board of Directors of the Publ
J Schools, Parish of Orleans, or its legS
: successor, may levy upon all taxabl
property in the City of New Orleans
= special tax not exceeding two mills on til
dollar of the assessed valuation of sal
/ property (Which special tax shall be
excess of the tax authorized by Section ]
f of this amendment), whenever ~ in tn
manner prescribed by Act No. 256 of tn
/ General Assembly of the State of Louis
lana for the year 1910, and amendment
= thereof, or in such other manner as sha
!, be prescribed by law, the rate of sue
special tax, the number of years it is
, be levied and the purpose for which til
| tax is intended shall have been by sal
. Board submitted at an election to a, yot