The Caldwell watchman. (Columbia, La.) 1885-1946, 1916-09-15

! making tne contract or mourning the
! de"t or oDiGatoh ana are speGidHaily
| set aside and dedi"ated 10 said purpm Sc
| unless herein otherwise provided. The
foregoing Iimitat1on and restriction
snail not apply or be held to apply 10
| contracts or obligation incurred with
| respect 10 the furnishing to said city or
| Ieht' neat or power, water, telephone
service OF garbage removal or destruc-
! IOn.
The said city may in any calenGar
| year IN anticipation Of the collection Of
the taxes of such calendar year, ana for
| tn" purposes for which such taxes arc
! levied, borrow such sums As SnaI nor
| be in excess OF the amount of its un-
! collected taxes OF such year. and NAV
| issue It's notes or Olher evidences of
| Indebtedness therefor, and such sum.
| notes or other evidences Of indehtcd-
ness shaI! be payable only out Of the
loan or loans are first made. and for
"hich ih""o'euhe"s Sald revenues shall
| ne pI"dSfd' ana SAID ihHebtedneSS Shall
ioi De payable out OF any other funds
! or moneys whatsoever No money Shall
| "t borrowed ny tiIe SaIu city except TOT
| current munl'ipal purposes, and in no
! event Shall any money be borrowed by
| Sdld city 10 make or TO pay for works
| or Pah4c Improvement. Said city may
| 'SS"" Tor street paving purposes Certli-
Gates on It's talth and credit pursuant to
| legislative authority. to an amount not
III excess OF any special assessments
| which have been or shall he made for.
| such PURPOSES Such paving rartI1r,tns
| hereafter ISSUED Shall he charpe4hta
primarily AGAINST the snaciaI .,,y,.
mrntS in respect Of which thev ara ,s
| sued. ana seInnJariIv agaiust tba 49, -
| nues Of the civ Of New Orleans Jari,,a.,
from taxation for rpnnr,l ,n,,,i,,,,t
the taxes for the uaympnt cs Tho rrt ,'.'' Il
nal and interest Of thc hands ,,' 80,
standing o.. nare,ftar tn no i,r,,l ouI
der this having rrrtiNrates oY,,y =, ~
event and to the evtant that 80 s, VIC
amendment. which revnues shall he a.
piled in payment of such SPECIAL assoc
meuts shall hp Insufficient FOR snrh naI'-
| ment. ana reimbursement shan be- ,naI .
to the epnpral funds Of tl,a r,tv ,.'.
Orleans when the assessments o,a noE
lected to the extent uf The amn,Trt ~,
the said general funds shall ba,,n VIC
trjbuted to the navmant nfornsni,
mucb Of Act 10 - If th az Ea 1saiu 90
sambIv If tho Statn NJ Inr;s{"na a. a. -
year 1914 as may be Inconsistent here.
with is hereby repealed. and herea tier
no paving certificates shall be jssIer
upon the pledge Of the reserve fnnd Of
the city Of New Orleans, but such cor
tif!cateS Shall he secured as herein and
Otherwise provided for by said act or
subsequent legislative authority NOT IN
connect herewith; provided however,
that paving certificates. for whtch the
faith and credit Of the City OF New Or
leans shall be pledged. whethnr issued
under the aforesaid Act No. g Of 1914
or under subsequent legislation SHAH
not at any one time be outstanding in
an amount in excess of Five Million
Dollars t$5.00N 900 in face yH1ue
M.
by the CITY of New Qrlaans Gov su 49,
poses Shall never exceed ten nov ra,+nr,
Of the assessed valuation Of tba nrnnan'
~ in said city provided however, rat
neither the bonds ,ssued tor watar
sewerage and drainnra nnrnosos ,,,a a,v.'
~. the $1,000. 600 Pubic Imnrovnnanr
Bonds issued under said Act M & nf
1899 and thn * O00 0oo N-arr p,,b
lie Improyeunnt Ronds is,ued W.
der Art M 10 nf W. S 49,,
Assembly,, Of Two ST.,
tm~ H. t,a Vac VI - 'Siana
amanda tow. t'ra.aof a,1J' ,' CIV a.
thernto az wall as s"nh h Supi'eit,e.t.".
or hareoftor o,,tb"r,go1 ~ t .p
aforesaid Row. or nnS, ,a, ., "i'atH VI.
he refnnaadI nor No - nno ono n,, ,ln'
Ralt RaiIroa1 Eards o TpnUioog Iuoidt
No 10 of tha GaneroI ASsamhi, ~ tha
State of Louisiana for the wear 1901,
nor anV bonds hereafter authorizeds for
Public Belt Railroad purposes, nor any
bonds which may hereafter be issued
for water supply or for the ACQUISITION
or construction of any revenue nj lsnc-y
ing public utility, nor any paving t9fttti-
Gates primarily cnargeable against spe-
clal assessments FOR street paving, shall
oe included III computing the indebted
ness ness ol saiu Clty OF New orleans under
t t5lS liillila e.ol, ana provided further,
una eLleLstmcy poius may o Pc, ISSUED as
authorized IN Sectlon or this amend
heh' even 'housh sala limitation snail
nave neen reached PROVIDED mat the