St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-10-14
PROPOSED
AMENDMENTS
TO THE
CONSTITUTION OF LOUIS
lana
Adopted at the Session OF the
Legislature of 1916.
e.
TO Be Voted On at the Congress
sionai Election.
Act No. a

rEdlnG I0r. Inc IuHull8 " SoA SAAA
debts Of this City of New Orleans 2
Of the Board Of Directors OF the Pub
Ito Schools, Parish OF Orleans. re-
Enoctiyely the ISSUANCE of serial bondS
by said city, tbs purpose for Inc the
manner in which same may be issued
aud the duties ard functions or the
hoard Of Liquidation, City Debt, with
reference thereto; and the levyinS py
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 cleo
tors OF the State for their approval
or rejection.
Be it enacted by the Genera Assem-
ally of the State OF Louisiana. two-thirds
Of all the members elected to each house
soncurring, that subject to the ratihca-
lion and approval Of the electors Of
xhe state. the Constitution of the state
DE amended by Incorporating therein
The following provisions, o-wit
Section l. The City Of New Orleans,
members Of the Board Of Liquidation
Oily Debt, approved by resolution of the
Commission Council, or its successor as
the governing body of said municipality
ehe members OF said council or govern
ing body, shall have power and Is here
by authorized to issue Nine Million Dol
lsTs {ss,se'i Ssg q or s 3 s s. "a at cola
SAL1- VA A W o~N
8onds." IND to bear such rate or inter
est as the Board OF Liquidation, CITY
Debt, may hx from time TO time as eacn
SnstAllm8nt of said bonds is offered Ior
sale as hereinafter provided
Section z Three Million Dollars (S3,-
Hes. 0OO), In gar value, of the bonds au.
shortzed by Section ! of this amendment
shall forthwith be sold
Tho proceeds of said three million
collars Of bonds shall be applied exclu-
m3,,aJy fn fhA following nurDOSHS ana III
the following order:
and unpaid school Teachers Salary
Ronds Or the City of New Orleans" is
asaably Of the State of Louisiana Eor
me year 1906. which bonds shall be
called for payment and paid as soon as
practicable;
che floating indebtedness OF the
Board Of Directors OF the Pub
.avidenosd by note or notes out
standing at the timc OF the adoption
of this amendment to al amount no
s0oeeding Six Hundred and Fifty Thou
sad Dollars ($650.000): provided tina
in the event that said Indebtedness or
any part thereof shall v been paid
&nes previous to the adoption OF this
amendment, the amount thus paid mot
10 excsod $780, 600, however,, shall be
yaM over in cash to said Board to pc
aged by It for school purposes. az pro-
(cJ The payment of the sum OF Five
hundred Thousand Dollars l$Soo.ceol.
Qtty Of New Orleans for storm emergen-
@y purposes In the year 1915;
{d) The payment OF the overdraft or
ether Indebtedness due by the City Of
2anks representing loans or advances
made by them to said city. other than
gh0se referred to in paragraph (c) OF
1hly section. to an amount not exceed
~ One MiIiion Three Hundred and FIJI
ey Thousand Dollars (&1.35o, o00): and
(e) The balance of said proceeds
YbAli be used and employed BY the
hoard OF Liquidation, City Debt, for the
payment OF Public Improvement Certid-
Gates OF the City OF New Orleans. as set
forth In Section 8 of this amendment.
Section 3. The O of the
+Sonds authorized by Section ! of this
Amendment, or so much thereof as may
time. In such amounts as the Board OF
Liquidation, City Debt, may determine,
and the proceeds OF the sale thereof
shall he applied by said Board to the
payment OF Public Improvement Certifi-
Gates authorized by Act No. So Of the
General Assembly of the State OF Louis
lana for the year 1908. and acts amenda-
tory thereof. and presently outstanding
5r issued at any time in payment OF
any contract made before this amend
nnent takes effect. at their respective
saaturittes or when said maturities car
% anticipated upon terms satisfactory
IL said Board.
said Act No. So of 1908 and al
amendments thereof, as well as all stat
gtes upon the same subject. ana 81
much OF Acts No. '12S and No. 270 o.
che General Assembly of the State o.
Louisiana for the year 1910, n othel
statutes on the same subject matter, a!
vat y,rI, ~ nr fTpI IN fhn- "a
Of New Orleans be and the same ar,
hereby repealed; nevertheless Public
improvement Certificates may be issued
IN the manner provided by said Act No
80 of 1903, and amendments thereof, il
payment of any contract made befor'
fhis amendment takes effect.
Section q. The City of New Orleans
may also Issue and negotiate its bond
when authorized by a vote of a majorTt.
In number and amount of the propert
~Axpayers who shall have been assessed
for property in said city as shown b.
The last assessment made prior to tn
Submfssion of the proposition to tn
said property taxpayers and who ar,
otherwise qualified to vote under tn
Constitution and laws of this State
voting st an election called by ~ordinanc,
adopted by a vote of two-thirds of al
the members OF the Commission Coun
oil, or it's successor as the governing
body OF said City of New Orleans, ant
which ordinance before any such cleo
zion is ordered hail be also adopted b.
A vote of three-fourths of all the mem
hers of the Board of Liquidation, Cit!
Deb Due notice OF said election shat
be published for thirty days in the Off
sfal Journal of said city (four week.!
insertions OF said notice constituting
publication for thirty days, provided
thlrty days intervene between the dat,
az the first insertion and the date o
said elecLlont.
No bonds shall be issued under thf
aection for any other purpose or 70
any greater amount than that stated Il
the submission of the proposition t.
said taxpayers.
Section : In case of fire. food, pes
filerGe. storm or other public calamity
the city of New Orleans shall a
power, by q two-tf2icds vote of all tn
member OF tie Commission Council o
IT'S successor as the governing body o
-naid city, concurred in by a three
fourths vote OF all the members of tn,
Board Of Liquidation, City Debt. t.
borrow money and issue and negotiat
bonds in such sum. not exceeding Fiy
Hundred Thousand Dollars ($5D0, 0e0)
as shall be necessary in any one sucl
emergency.
Section s For the purpose OF re
Funding all or any part of the bondet
Indebtedness of the City of New Orleans
existing at the time OF the adoption o
this amendment, bond ms from tim
20 time be issued II negotiated. Whe
any III the issues Of the bonds of SAT-
"tty outstanding at the time of the adop
sion of atsts amendment shall beCoru
@Sl'arie according 10 their terms or IN
s-atutes under which they are respec
eiNsig sisted nr when the consent o
Al tie aoi3erf of airy such Issue o
s,nrsgs can lie seHHted. the Board Of Ii
aatdatIsr. City Eebt, shall nave N
rssGt afg ttS dIserstEon 10 cali and pa,
say ana ~ more af said issue OF bonds
&nd saa IS authorized by resolution
39ly sd9p.el 10 issue and negot1ac
bonds te preside The funds necessar,
fsr that pnrpose: provided, however
ghat In no event shah the par value o
the bonds - spl3 and negotiated ex
yssed the par value of the bonded m
4eptsdnsss thereby to be refunded.