The Caldwell watchman. (Columbia, La.) 1885-1946, 1916-09-29

by Mr.. kantz. Chairman, Committee on
10y Affairs. Substitute for House
Bill No. IFS, by Mr., Barrett

! by MI. kantz, Chairman, Committee or
Clty Affairs. Substitute for House
BIZ NO. lis, by Mr.. Barrett.
A JOINT RESOLUTION.
proposing an amendment to the Con.
! st'tuIlon or the State OF Louisiana
granting to the City of New Orleans
power 10 construct. equip. maintain
ana operate, through and by the
iupllc Belt Railroad Commission OF
the CITY of New Orleans, bridges and
tunnels across the Mississippi River
! at or near New Orleans and to dc
various acts Incidental thereto and
70 me operation generally of the
Puohc Belt Railroad system of the
sIly or New Orleans. and providing
Tor the submission of said amend
| ment 10 the electors of the State for
| thelr approval or rejection.
Section l. De it enacted nv Tho
General Assembly Of the State OF Lou
lsiana tWo-thirds of all the members
! erected TO each House concurring. thai
SUBJECT to the ratification and approv-
al OF the electors Of the State. the
constitution of the State be amended
~ Incorporating therein the following
| provisions, to-wit:
u! The City Of New Orleans Is
hereoy granted plenary and exclusive
power. by such means and methods as
II inay deem meet and proper not in
conliict with the provisions of this
| amendment: '''''
"a 10 construct. equip. maintain
ana operate across the Mississippi Riy-
en- at or near New Orleans. bridges
anu tunnels for railroad and highway
use, together with all approaches. rail-
roa9 ana highway connections, roads
ioau"avs, railroads. terminals, water
OF
ments' facilities and accessories there
unto appertaining:
W 10 acquire, by appropriation or
W WI lse. the property. ownership.
use or possession of any lands or other
innings necessary for the construction
equipment, maintenance or operation
or any such bridge or tunnel and an
puftenanceS; and p
W 10 lay out, open, close. alter or
,,n',ia. ,ne route OF any roadway, non
~ iS"ple stfeam or drain over which
t,,,, "fpl oaches or any such bridge or
I ni or over which any part of tho
Iunhc Belt Railroad system of the
''tH OF New Orleans shall extend
N2) The City of New OrIeans :,
'ullher hereby granted power, for tho
purpose OF constructing anv such
bridges or tunnels and appurtenancee
ana Tor the purpose Of acnuiriro' ~
iands or other things necessary tbarno
20, TO issue its obligations in sncb
forms. numbers, denominations o,a
" ,',. at such times and prices and
,'int, WV, tu'n terms ana conditions as to
t tn,}et '1.'1' rates and payment of in
terest and final rcdemption os ~ VI III,
city Of New Orleans nav dea,, ,''e SaIo
tions: iihIta-
'a' Except as may he herein otb.-
wise provided. all such ohIigo,ion.
shall he secured solely and nnI,, ms
liens ahN mortgages upon and oroi,c,
such hrIdTes or tunnels and ann,Irth
nahces, ana the lands or other INV.
necrSSafy thereto, and by n lion an5
y 'aEt upon the net revenues derived
Rom the operation thereof ana i,'I
ts I'i" u'srtiFoln and from no other
1aNrco or sources whatsoever ero1.
lEoth"rWise stipulated herein. and ~
laa, any tax or assessment or low,
lSS any taxable property I'm tba o.,
fusSW Orleans. nor out of any otboy
saSS revenues or things of yal1e g.,
hAaty: the true intent and mea n,ns
ne being that save and excent ~
msasSssnt, out of the funds, and in tho
orlsM herein stated the City Of New
shaA% shall never be liable for. nor
opasaa.s assume, any debt. liability or |
N(bWSs incurred or created in the |
e W, Rot the provisions hereof
ton NSing the period Of construc-
e apPunrsSssh bridges and tunnels and |
as Ihehees, and during such times
S thsIe Sa MMsues from the operation
I Tiue .GtN.a not be sufficient to pro-
e GENEVA Interest on, and for the re-
a iisauo,a E.any and all Of the oh
DC 'S' GAnabove authorized to
Sand all Of such obliea-