The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1916-11-04

Section -. The Board OF DtI
OF the Public Schools Parish or Orleans
or it's legal successor shall not caPi-
talze the wuOle or any part OF tie
taxes which by this amendment " hu
thoriZed TO levy, nor fund the same LI'o
bonds. nor borrow money IN anticipation
" the collection thereof, PROVIDED ths'
said BOARD may, in any calendar
IN anticipation of the COLLECTION OF -
taxes or such calendar year ana TOT I's
purpose for which such taxes are We
borrow such sums shall nOt pe IN ~
cess OF the amount OF its unc"l-r''.p
taxes OF such year. and may .SH"e 10
notes or other evidences Of Indebtedness
therefor ari such sums. notes 'f 'l'"'
evidences Of Indebtedness shal! DE pay
able only ont ~ the taxes 'i TIE i'N.'-
dar year IN which said loan or tnaHs
are t,rst made and for wulch lhu-b'et-
ness shall not 10 parahle "It ~ any
other funds or MONEYS wha''.Hr fty'
yiIai however, no moneys S-i. ~ o'i-
-owel by said Board ton any other pIr-
poses than current purposes. ana N t'p
event shall any money be- borrowed 'S
said Board 10 make or 70 PAY '"F Per
rnaueat Improvements dht i.'N-.'''
further that said !. ard shall lot make
NV contract or incur any GeHt or uull-
cation uuless sufficient FUNDS HNt n'a''-
wise appropriated 70 pay ana i!sI''''. ="
the same are actually IN NE tIedSAi'N
OF said BOARD at the tim" or uHkIHS
said contract OF mourning san I"|l 'r
obligation AMI are specially het ASIA"
and dedicated - said purpose. "N''.l dS
Said Board shall annua-tE ana I'''T
20 the beginning OF the scholastic year
prepare a budget Of its r"'"iptN ana 'N-
pcutIturcS AMI said budget. before II
becomes effective. must b" spli'N"i 'E
the Commission Council or the ''tF oI
New Orleans. or ats successor AS the
governing body OF said city. ana Al! APP
preparations by or expenditures or S"li
board not Included in the said NIdSrt
snail likewise before becoming en-. we
Ne approved by said Commission touu-
ell or its said successor.
Provided that nothing herein shan
be taken or construed as authorizing
the Commission Council or its sue
ceseor to change alter. substitute or
eliminate any Of the items OF the
budget thus submitted; ihe true IN
tent and meaning hereof being 'hnt
the said council OF It's SUCCESSORS snail
have no authority whatsoever IN or
over said budget except To tn" extent
OF ascrrtainiuE whether the proposed
expenditures as exhibited 10y sara
budget are within the probable ana
estimated revenues OF SAID H"aFd OF
Directors OF the Public Schools. Par
ish OF orleans.
SECTION 20. Tn. inhibition herein
established against the city or New
Orleans and the Board OF Directors or
the Public Schools. Parish OF orleans.
or either OF them, borrowing money,
anticipating their revenues. capitals.
ing their funds or issuing notes or
other evidences of debt shall apply
to all boards. commissions or bodies
created by or under the authority or
| the Common Council OF the city or
New orleans. or its successor as the
governing body OF said city.
Section 81 The provisions hereof
are seIf-operative. and tho city Of
New Orleans and the several boards
/ and bodies herein referred TO snail
carry the same into ERECT.
Re II further enacted. etc. that the
! amendment proposed by this act shall
/ be submitted to the electors OF the
! State for their approval OF rejection
| at the congressional election to be
held on the nrst Tuesday after the
} first Monday in III" month OF Novem-
7 har. 1916: that there shall he printed
on the official ballots 10 be used at
4 said election IN" words.
4 For the proposed amendment to
! the Constitution Of the Stat" Of Louis
! lama 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 10
! 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 "ndm"nt.
HEWITT BOUANCHAUD.
! Speaker OF the House OF Representa-
tiyeS.
FERNAND MOCTON.
! Lieutenant Governor and President OF
the Senate.
Approved: June 3. 1916.
r. 6. PLEASANT.
Governor OF the State Of Louisiana
/ true copy.
| JAMES j. BAILEY,
Secretary Of State.