New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-09-16

otnVI SLuHtuIcS, improvements, faC1ll
ties and accessories thereunto appertam
ing;
To- To acquire, by appropriation @
otherwise, the property, own ership, US
or possession OF any lands or othe
things necessary aor the Construction
equipment, maintenance or operation o
any such bridge or tunnel AM appurtcn
ances; and
lc) To lay out, open, clo3e, alter o
change the route of any roadway, non
navigable stream or drain ove4 viii II tn
approaches of any such bridge or tunne
or over which any part OF the Publ,
Belt Railroad system of the City OF New
Orleans shall extend.
(2) The City OF New Orlea is is furth
er hereby granted power, tor The purpos
of constructing any such bridges or tun
neis and appurtenances and tor the pun
pose of acquiring the lands or othe
things necessary thereto, to issue lis oh
legations in such forms, nu nbers, de
nominations and amounts, at such time,
and prices and upon such terms and con
ditions as to maturities, rate; and pay
ment of interest and final ret empt on a.
the said City of New Orleans may deem
advisable, subject to the toll 1wins lin
itations:
(a) Except as may be herein other
wise provided, all such oblig stions sha.
be secured solely and only D. liens an.
mortgages upon and aga nst sue,
bridges or tunnels and app, urtenances
and the lands or other thing; necessal,
thereto, and by a lien and pledge upol
the net revenues derived fro.l the ope
ration thereof, and shall be paid there
from and from no other source or sour
ces whatsoever, except as 9th .rwise slip
uiated herein, and not by any tax O..
assessment or levy upon ally taxab.,
property in the City OF New Orleans
nor out of any other funds, revenues
things of value of said city; the tru
intent and meaning hereof being tina
save and except, to the extelt, out
the funds, and in the man. r herel.
stated, the City of New Or. cans shai
never be liable for, nor shah 1t assum.
any debt, liability or obligation INQUIRE,
or created in the execution ut the pro
visions hereof.
ton of such bridges and tunn lis and at
purteuances andeauring such lines as ,l.>
revenues from the operation thereof sha
not be sufficient to provide or the III
terest on, and tor the redemp ION OF, an
and all of the obligations nereinabov'
authorized to be issued, any and all :,
such obligations tailng due snail be re
detained and all accrued inter st shall b.
paid from the net revenues OF the rubh
r3elt Railroad system of the City OF Ne'.
Orleans to such extent as nay De It
quired, after providing in ,ne name
prescribed by Act No. 179 CT the zen
eral Assembly of the State o. Lou.Siana
session of 1908, for the payment OF III
principal and interest of any bonus Az
thorized by said Act No. l'9 OF lsOo
whether heretofore or hereafter Sid =
80 Any bridges or TUNES aAA al
purtenances thereof constructeA, eqL- ppe-
maintained, or operated by me 10y
New Orleans under the authority Aeleb.
conferred, and all other property a.
quired by the City of New orleans un
der the provisions of this amen-4nen.
shall form and are hereby cons...ute
an integral part of the Public Beii Kali
road system, - it now OK rs L. may mere
after exist, which said system the Git.
of Orleans is hereby authorized TO ca
tend and operate in and beyold the Pai
ish of Orleans; and the Public BE.
Railroad Commission of the City OF NeN
Orleans is hereby vested with the SAL.
powers with respect to the Publc Be.
Railroad system as well As with respet
to such bridges, tunnels, ap2urteHance
and property, their acquisition, consru~
ton. operation and developm ,nts as Al,
now vested in said Commiss on by Ac
No. l79 of the General Assembly OF tn
State of Louisiana, Session OF l9OS, witt
respect to the Public Belt Railroad a.
presently established.
The Public Belt Railroad Commissio'
il hereby authorized without prior au
,aority or approval therefor BY the Con-
mission Council of the City OF New VI
leans, to expend out of any of its re-
enues and for the purpose Of construct
ing such bridges or tunnels sum no
to exceed twenty-five thousand dolial
ON any one contract, provided, howeve
that all disbursements beyond said SUI
shall be made only after they shall hav'
been first authorized and approved b,
the Commission Council of the City o
New Orleans.
a. The Public Belt Railroad Com
mission, under such terms and conditions
AZ it may deem advisable, shall have tht
right to switch, handle or convey, IL
continuous movement, for any railroad
trains over such bridges or through suct
tunnels and over the main lines OF tn
Public Belt Railroad to the depot OF
ward of said railroad or to any union
passenger depot or union terminal Of
the Public Belt Railroad system; it being
understood that the sole purpose OF this
provision 10 to facilitate the movemen
of trains entering the City of New Or
leans on the east or west bank OF the
Mississippi River. Under no condition
can the Public Belt Railroad Commission
grant switching privileges to any railroad
over the Public Belt Railroad System.
(5) Any bridge or tunnel construct
cd and any appurtenances thereof and
any lands or other things necessary there
to. acquired or constructed under the