The Era-leader. [volume] (Franklinton, La.) 1910-current, 1916-09-28

moneys whatsoever; provided, however
no moneys Shall be borrowed by said Boar
! for any other purpose than current pur
! poses and In no event shall any none,
| be borrowed by said Board to make or tt
pay for permanent improvements; an,
provided further. that said Board shat
! not make any contract or incur any deb
! or obligation unless sufficient funds, 10
otherwise appropriated. to pay and dis
] charge the same are actually in the treas
/ ury OF said Board at the time of making
s;t!a contract or mourning said debt O.
dedicated TO said purpose, except as may
be herclliabove specially provided.
| Said Board shall annually and prior tt
!he beginning OF the scholastic year pre-.
pare Il budget OF its receipts and expendi
Tyres and SAD budget, before it becomes
mission Council Of the City OF New Or.
| leans, or its successor as the governing
| body OF said City, and all appropriations
| ny or expenditures Of said Board not in
cludcd in the said budget shall likewise
before. becoming effective be approved
by said Commission Council or its saiG
successor;
Provided that nothing herein Shall y,
taken or construed as authorizing the
commission Council or its successor ,c
| change, alter, substitute or eliminate any
OF the items OF the budget thus submitted
the true intent and meaning hereof being
that the said council or it's successor shall
nave no authority whatsoever in or owe,
said budget except to the extent Of asccr-
Na'!l'ns whether the proposed expenditures
as exhibited by said budget are within the
probable and estimated revenues Of said
!; i'oarh OF Directors OF the Public Schools,
Parish of Orleans
Section 20. The inhibition herein cstab
lishel against the City OF New Orleans
AND the Board Of Directors Of the Public
schools, Parish of Orleans, or either of
them. borrowing money, anticipating their
revenues, capitalizing their funds or issu-
IilS notes or other evidences OF debt, Shall
apply to all boards, commissions or bodies
created by or under the authority Of the
commission. Council Of the City Of New
orleans, or ITS successor as the governing
body Of said city.
cooperative. and the City of New Or
leans and the several boards and bodies
herein referred to shall carry the same
into effect
l:r it further enacted, etc, That the
amendment proposed by this act shall be
submitted to the electors Of the State for
their approval or rejection at the Congress
SIonal election to be held on the first
Tuesday after the first Monday in the
mouth OF November, 1916; that there shall
be printed on the Official ballots to 0 be used used
at said election the words:
For the proposed amendment to the
Constitution OF the State of Louisiana
providing for the funding of certain debts
OF the City of New Orleans and of the
Board of Directors Of the Public Schools,
Parish OF orlcans,' and the words:
against the proposed amendment to
the Constitution Of the State of Louisiana
providing for the funding OF certain debts
OF the City OF New Orleans and Of the
Board OF Directors of the Public Schools,
Parish OF Orleans
and that each elector shall indicate on
the ballot cast by him. as provided by
the general election laws Of the State,
whether he votes for or against the pro-
posed amendment.
HEWITT BOUANCHAUD,
Speaker Of the House of Representatives.
EERNAND MOUTON,
Lieut.. Gov. and President of the Senate
Approvcd June s, 1916.
r. G. PLEASANT,
Governor OF the State of Louisiana.
y true copy:
JAMES j. BAILEY,
Secretary of State