The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-10-07
ACT NO. itt.

ACT NO. 10.
Bln No. 20 IS Leon Is Smith
JOINT RESOLUTION
g Az amendment a. the tauskIlu
II the state uf Louisiana. pr0yld
for the funding Of certain debts oi
ciiy Of Shire, tpor,, and Judgments
asst the said eity. the issuance II
II bonds b. said city prUyi'itug
purpose for and the manner In
b same may be issued, and the
50 of the Ciiy Council Of the Cliy
shreveport. with reference thereto
the ltyying bg the City Council Of
ssport Of certain taxes to retire
bonds as issued herein. by said
And providing for the subrnis
Of said amendment 60 the electors
lhp state for their approval OF
ton
enacted bg the General Assembly
tate Of Louisiana. two thirds o. all
pniseTs elected So eaoh branch
eoneufrlne, that subject 90 the
son aud approval of the electors
tate. the Constitution Of the State
ded by Incorporating therein. the
Ig provisions, 10 wit
,n The city Of shreE epoTt by a
Hhs vote Of ali the members of the
puneil thereof, shall have power
kerehs authorized 20 issue 500 e0o
=. at so much thereof as mas be
~, to be styled city Of Shreveport
Told I.onds, and to bear such rate
rest as the ti,Y Council may fix
me 10 time. as each inagallment ~
BOMBS IL offered for ssle, a. here.
-osided said rate Of iuserest az no
exceed 3 per cent per tnHum
semi annually
q 2 The proceeds Ut said bonds
applied to the payment and retire
all certificates II Indebtedness
- the city Of shfes epor, prior to
1915 and 10 the payment ~ MI
its rendered against said efty prior
ia. 1915
"a Z. Al bonds issued littles this
,ont shall be- ia such form terms
nominations. and payable at such
nj places within 4 period Of not
ng forts years from the date there
Re tity Couucil ~ shreveport shall
ne Said bonds shall he issued TN
,rm atd shall i,e payable Ia annual
euts, commencing no, more than
2 from thels respective dates, aud
aIlment payable in each year shall
ed that when the annual interest
thereto. the several annual total
Of principal and interest to he
all be as nearly equal az prarsI
enda shall bee signed by the Mayor
secsetafs Treasurer Of the City
report, and couhtCrs.Eueh - the
slpnef ~ Accounts and Finances
coupons shall have the facsimile
ss ~ the Mavaf and Secretary.
r In case Any such officer whose
e ar counter signature. Nhs ap
/ such bond OF c"upoh, shalt
be such Gfslter before delivery ~
ID OF castson To- the purchaser,
nature of counter signature shah
less be valid iof all purposes
- The principal and interest 81
authorized hs this amendment
'ayehis b. eoll eoin ~ the United
America or l,s equivalent ~ the
weight and fineness at the time
suance thereof. and shah be eN-
n al forms 81 taxation
3 The fuI faith and credit ~
II shrey sport are pledged for the
~ principal and interest of an
nsd under this amendment The
and interest Of All bonds au
and 10 be issued under this
at shall be paid out ~ tax which
asiea annually hy the Ctts CoIn
reveport upon all taxable prop
aid city sufficient tn provide for
en-, Of the principal and interest
|nnds "a they respectively become
tax So levied ,s "a be IN excess
neral and special taxes provided
here Ia this constitution and IL
. affected hy nor to- affect the
- elsewhere contained in the
Ion as "a the issuance 81 bonds.
ayytHE 81 taxes hy municipalities
9 1'he pro,ls ians hereof are
stIye and the CITY Council Of
"a mas is ordinance carry them
l.
ufther enacted. etc. THAT the
M propose t,Y this ret shall be
10 the electors ~ the state fer
pfoval or rejection ~ che Con
] election 90 be held CA the first
after the frat Monday ln the
November. 1915 and there shan
on the gIiirlgl nallot to ne used
Rction. the words,
ne proposed amendment &C. the
or II the state az louisiana
for the funding ~ certain debts
' II Shreye port.
words
y. the proposed amendment 90
Hutton ~ the State of t,aulslana
fuf the funding ~ certain debts
y ~ Shreveport
Oh elHcigT shah indicate CT the
hy him whether be votes fof
the proposed amendment.
hh,RNANn MOTION.
Y and President ~ the Senate
HEWITT ROUANCHAUD.
Il the House IN Rapsessfl tattves
eel iuly 3, 1915
II O Pf.F.AgAST.
Sfnuf 81 the state ~ louisiana