The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1916-10-19
PROPOSED
AMENDMENTS
TO THE
CONSTITUTION OF LOUIS
lana
Adopted at the Session of the
Legislature of 1916.
To BE Voted On at the Congress
siOnal Election.
Act No. 4

<1NS I'VE
House Bill No. T. BY Mr. Byrns
= JOINT RESOLUTION.
Proposing an amendment to the Consti.
tuition Of the State of Louisiana pro-
y!Ging 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
manner in which same may be issued
and the duties and functions of the
Board of Liquidation, City Debt, with
reference thereto; and the levying by
Board of School Directors Parish of
Orleans, respectively. of certain taxes
for general municipal and school pur-
poses; and providing for the submis-
sion OF said amendment to the eIec-
tors of the State for their approval
or rejection.
Be il enacted by the General Assem-
bly, Of the State of Louisiana, two-thirds
of all the members elected to each house
concurring. that subject to the ratificS-
tton and approval of the electors Of
the State the Constitution of the State
be amended by Incorporating therein
the following provisions, to-w1ti
Section l. The City of New Orleans
by a vote of three-fourths If all the
members OF the Board of Liquidation
City Debt, approved by resolution Of the
Com mission Council or it's SUCCESSOR as
the governing body Of said municipality,
the members OF said council or govern
ing body shall have power and is here
by authorized to issue Nine Million Dol
lars (ss,o00s0O0) Of bonds, to be styled
city of New Orleans Serial Gold
Bonds and to bear such rate Of inter-
est as the Board Of Liquidation, City
Debt. may fix from time to time az each
installment OF said bonds is offered for
sale as hereinafter provided
Section 2. Three Million Dollars (3s,-
O00.000), In par value, OF the bonds au-
thori5ed by Section / OF this amendment
shall forthwith be sold.
The proceeds OF said three million
dollars OF bends shall be applied sxclu-
sively 70 the following purposes and in
the following order:
(al The payment OF the outstanding
and unpaid School Teachers Salary
hende oa the City of New Orlea1lR." ~
Szss.l,IV ~ .TIse stafs cf Lousssana ror
the year 1896. which. bonds shall be
called for payment and paid 40 soon IN
the boating indebtedness Of the
Board OF Directors OF the Pub
lie Schools, Parish OF Orleans,
evidenced by note or notes out
standing at the time Of the adoption
exceeding Six Hundred and Fifty Thou
sand Dollars (36BO, ,0O0); provided that
in the event that said indebtedness or
any part thereof shall have been paid
by said Board out of its current reve-
nuss previous to the adoption Of this
amendment, the amount thus paid (not
TO exceed $3.50, ,000 however), shall he
paid over in cash to said Board TO be
used by II for school purposes, as pro-
(cl The payment of the sum OF Five
Hundred Thousand Dollars ($5oo,ooo).
City of New Orleans for storm emergen-
cy purposes Ia the year 3915; F7g-'s
z Id The payment OF the overdraft or
other Indebtedness due by the City of
banks representing loans or advances
made by them to said city, other than
those referred to in paragraph (c) OF
this section, to an amount not exceed
Of one Million Three Hundred and F1r-
ty Thousand Dollars (S1,360, ,000); and
(el The balance of said proceeds
shall be used and employed by the
payment OF Public Improvement Certin-
cates of the City OF New Orleans, az set
forth in Section Of this amendment.
Section 3 ,.,. 5he re%aindsr Ssd.,d Of .s the
amendment, or so much thereof as may
be neceEss ~, she'll be sold. from time 20
time. in such amounts as the Board OF |
ana the rroceeds Of the sale thereof |
shall be applied by said Board to the |
payment ~ Public Improvement Certid> |
Gates authorized by Act No. 6e of tha |
General .NsSemoly of the State Of Louis
iana for Z year 1908, and acts amenda-
tory thereof, and presently outstanding |
or issue at any time In payment OF
any contract made before this amend
ment tSFsR effect, at their respective
maturit q or when said maturities can
be Anticipated upon terms satisfactory /
70 said Beard.
thereof, as well as all stat
utes upoE the same subject, and 30
much of Acts No. 12S and No. 27o OF
the General Assembly of the State or
statutes on the same subject matter, az
may affect, apply or pertain TO the City
Of New Orleans, be and the same are
hereby repealed; nevertheless Public
Improvement Certificates may be issued
In the manner provided by said Act NO.
IS of 1908, and amendments thereof, In
payment of any contract made before
this amendment takes effect.
Section g. The City of New Orleans
may also issue and negotiate its bonds
when authorized by vote OF q majority
N number and amount OF the property
taxpayers, who shall have been assessed
FOR property ia said city 40 shown by
The last assessment made prior 10 the
of the proposition to the
said property taxpayers and who are
otherwise qualified to vote under the
and laws or this State,
,oting al an election called by ordinances
.dnpted by vote OF two-thirdH OF all
he members OF the Commission Coun.
II, or its successor as the governing
,ody or said City OF New Orleans. and
which ordinance before any such eleU-
ion is ordered shall he also adopted by
. vote ~ threesfourths of all the mern-
lers or the Board Of Liquidation. City
1ebt. I,ue notice OF said election shall
,e published for thirty days in the ofi-
sal journal Of said city flour weekly
rrert r,.s or said notice constituting q
Hhiicatsn fdr thirty days provided
htrEY dHys intervene between the date
L the Ersf insertion and the date Of
aid elec1ocl.
No bonds shall be issued under this
ection for any other purpose or for
nv greater amount than that stated IN
he submission OF the proposition to
aid taxpayers.
Section B. In case OF FIRE, food, pes
Iience. storm or other public calamity, 1
ne City Of New Orleans shall have
over, by q two-thirde vote OF all the /
ZEN bers Of the Commission Council. or
q successor az the governing body OF
SO city, concurred ia by q three.
lnrths vote Of all the members Of the I
aard OF Liquidation, City Debt, to !
crfow money and issue and negotiate :
bnAs In such auTn, not exceeding five
saA AEred Thouxand Dollars (s500. .000l,,
j shall Be necessary In any one susA
.nhRHANNR,