The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-09-09

issued under the aforesaid Act NO. % Of
1914, or under subsequent Legislation, snaa
not at any one time be outstandlng, n ~.
amount in excess of Five M1illon IohaiS
$4,000, 000l in face value - ,o,,4, NV
Section Is, The total issue Of bones py
the City of New Orleans for an puf II fss
assessed valuation Of the property in said
city; provided, however, that neither the
6 6onds ISSUED pn fer T nay the @
under said Act No. 6 Of 1899 aIl3 Ide
$4,000 900 New Public Improy emenf Bonds
issued under Act No, 10 OF the Gene far
Assembly of the State of LOUISIANA lor
the year 1906, and acts amendatofy tnere-
of and supplemental thereto, as wen Wei a as
such bonds. hereby or hereafter auInop T.
any part thereof may be refunoeo2, n9s
the $2,000,000 Public Belt Railroad BONDS
authorized by Act No. 179 of the Genera arsI
Assembly of the State of Louisiana Tor the
year 1908, nor any bonds hereafter au-
thorized for Public Belt Railroad pur-
poses, nor any bonds which may hereaI IIe
acquisition OF, construction of any revenue e
producing public utility, nor any paving
certificates primarily ehargeable a aggslins
SPECIAL assessments for street p ndahf
edness of said City of New Orleans undeT
this limitation; and provided further, that
emergency bonds may be issued as S,,1 an+
even though said limitation shall nave
been reached, provided that the Nine ~ Mil
lion Dollars of bonds authorized, by seq
ton Of this amendment shall not De
subject to the limitation herein fixed at
the time or times that same snail pc
issued; but, with respect to any other
in thee computation said Nine M1sRon
DollaraeSf bonds Notwithstanding theasce
that an Of said Nine Million Donae9eo5f
bonds shall not have been actually issued,
and such amount of emergency bonds as
may be then outstanding; .,ao+.o,
section IA. The Board of LIQUIDATION
City Debt, as now organized and created
and with the powers duties and functions
prescribed by existing laws and by this
amendment, shall be continued while any
bonds authorized by this amendment are
outstanding and unpaid; and all taxes
which may be levied for the payment OF
said bonds shah, day by day as COLLECTED 20.
be paid over to said Board, and shall by
it be applied in payment of the prinGiA8
andeaa&erest OF said bonds; ana sag H.
sha h respect to all bonds authQ
by Amendment be entitled TIC. ea
all e9sE~ig hts and enforce the perfoI4 "a
of all the obligations, the same as 453SS
authorized to do under laws exist s
the time of the adoption of this
ment with respect to any Of the pc
outstanding bonds of said City II IS
Orleans. All funds, property AZ
Of value held by the Board OF Il| s.
City Debt, for bonded debt pu1s : 81
than taxes now or hereafter lev >
particularly all funds property an zR1s -
of value now or hereafter held " sa
Board under Act No. 1873 of the Genex
Assembly of the State of Louisiana 10
the year 1880 and all amendments therel
to-. shall when released from contract
existing at the time of the adoption Of this
amendment be used and employed in the
discretion of said Board in payment and
retirement of any bonds of the City of
New Orleans then outstanding.
Section Is. For general municipal pur-
poses, exclusive of the support and main
tenance Of the public schools and the pay
New Orleans. said city may in each year
levy upon all taxable property within said
city tax not exceeding six and one-half
nn on te doar Of the assessed falha
the the one per cent deBt tax authorized BY
said Act No. 10 Of 1890 and the. two-lnill
water and sewer tax authorized by said
Act No. 6 of 1899 shall both have ceased
to be levied, and if thereafter the taxes
levied by the City of New Orleans in any
one year for bonded debt purposes be less
events levy for its gakral purposes such
tax Of six and ~ mills hereby
l hoe g i
one Ia 49, $s2.:+
per cent of the al - ST the city Of
New Orleans shall hereafter be made
e. Gnsa p Of 4s e N sfa 4s9 Of
Louisiana for the year 1872 except inso-
far as the fund so directed to be reserved
shall have been appropriated or dedicated
payment of any obligation of the City of
New Orleans, and said reserve fund of
each year, when released from the obli-
cations charged against it by. law and
because of contracts, existing at the time
of the adoption of this amendment, shall
be used for general municipal purposes.
Section II. For the support, mainte-
public schools in the City of New Orleans,
the Board of Directors of the Public
Schools, Parish of Orleans, or its. legal
successor, shall levy annually such tax,
not exceeding three and one-haf mills, as
said Board shall deem necessary, which
levy shall be certified by said Board to
governing body. OF the City of New Or
leans, which shah cause the tax to be
entered upon the tax rolls of said city
property in said city as assessed and
valued for city taxation purposes; and
said tax shall be collected BY said city and
Public Schools. Parish Of Orleans, day By
day as collected.
Said tax shall be in lieu of all taxes
appropriations ana funds now authorizes
or directed to be levied or contributed -
the City of New Orleans for public schA
purposes, either by said Act No. He
1870 or other provisions Of the Cons sss
go this State. All constitution $
to the contrary, as well 1#t
Y62 of the General Assemb 4 e
49, of Louisiana for the yea M
ratified as an amendment to the Ns4isti-
tuition of this State. are hereby abrogated
and repealed; and the City of New Orleans
shall have no power or authority to use
or employ any of its taxes or funds for
the establishment, support or maintenance
OF the public schools, directly or Indirect
", except as herein authorized provided
however, that the City of New Orleans
shall administer, use and employ all the
FUNDS, property or things of value now or
hereafter held by it under any special
legacy, bequest or donation made or to
be made directly to it for school purposes,
andAShaH carry out and execute the con
dltiTs of all such special legaW@s, be-
quests or donations that have beNH here
tofore made to and accepted by said City
Of New Orleans and all such as may here
after be made to and accepted by said city.
Section IS. For the purpose of giving
additional support to the Public Schools,
the Board of Directors of the Public
Schools, Parish of Orleans, or its legal
successor. may levy upon all taxable
in the City of New Orleans a.
special tax not exceeding two mills on the
dollar of the assessed valuation of said
tJ oh