New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-28
railroads, terminals, water craft and
other structures, improvements, facili-
ties and accessories thereunto appertain-

ties and accessories thereunto appertain
ing;
(b) To acquire, by appropriation o
otherwise, the property, ownership, US
or possession of any lands or othe
things necessary ior the constluc on
equipment, maintenance or operation o
any such bridge or tunnel and appurteh
snces; and
(c) To lay out, open, close, alter Of
change the route of any roadway, non
navigable stream or drain over which the
approaches of any such bridge or tunnel
or over which any part of the Public
Belt Railroad system of the City Of New
Orleans shall extend
(2) The City of New Orleans is furth-
er hereby granted powerntor the purpose
Of constructing any such bridges or tun-
nels and appurtenances and tor the pur :
pose of acquiring the lands or other
things necessary thereto, to issue its OBJ
legations in such forms, numbers, de-
nominations and amounts, at such times
and prices and upon such terms and con-
ditions as to maturities, rates and pay
ment Of interest and final redemption as
the said City of New Orleans may deem
SusASdOlCy SuDJGLt " TIE IOllOWIUR Inn
itations:
(a) Except as may be herein other
wise provided, all such obligations sh..
be secured solely and only by liens ana
mortgages upon and against such
bridges or tunnels and appuurtenances.
and the lands OF other things necessary
thereto, and by lien and pledge upon
the net revenues derived from the ope-
ration thereof, and shall be paid there
from and from other source or sour
ces whatsoever, except otherwise stip-
uiated herein, and not by any tax OF
assessment or levy upon any taxable
property in the U,ty o. New Orleans,
nor out OF any other funds, revenues or
things of value of said city; the true
intent and meaning hereof being that
save and except, to the extent, out of
the funds, and in the manner herein
stated, the City OF New Orleans shall
never be liable for, nor shall it assume,
any debt, liability or obligation incurred
or created in the execution of the pro-
visions hereof.
(b) During the period of construc-
ton of such bridges and tunnels and APP
purfenances and during such times as the |
revenues from the operation thereof shall |
not be sufficient to provide for the in
terest on, and for the redemption Of, any
and all Of the obligations hereinaboye
authorized to be issued, any and all of |
such obligations falling due shall be re-
deemed and all accrued interest shall 10
paid from the net revenues of the Public
Belt Railroad system of the City of New
Orleans to such extent as may be re-
quired, after providing in the manner
prescribed by Act No. 179 of the Cen
erAl Assembly OF the State OF louisiana,
session of 1YOS, for the payment OF he
principal and interest of any bonds au-
thorized by said Act No. 179 OF lbs,
whether heretofore or hereafter issued.
81 ANY bridges or tunnels and APP
pursenances thereof constructed, equipped,
maintained, or operated by The City of
New Orleans under the authority hereby
ccniclged, and all other property ac-
quired by tine City Of New Orleans IN
der the provisions of this amendment,
shall form and are hereby constituted
IN integral part of the Public Belt Rail-
road system, IS it now or as it may here
after exist, which said sys.em the -ity
OF Orleans is hereby authorized to ex-
tend and operate in and beyond the Par
lsh of Orleans; and the Public Belt
Railroad Commission of the City of New
Orleans 10 hereby vested with the same
powers with respect to the Public Belt
Railroad system ~ well ~ with respect
70 such bridges, tunnels, appurtcnances
and property, their acquisition, construc
ton, operation and developments as are
now vested in said Commission by Act
No. 179 Of the General Assembly of the =,
State Of Louisiana, Session Of 1908, with ,
respect to the Public Belt Railroad a. {
presently established.
The Public Belt Railroad Commission +.
10 hereby authorized without prior au-
thozity or approval therefor by the Com-
mission Council Of the City of New Or
leans, to expend out of any OF its rev {
euues and for the purpose Of construct ;
Ing such bridges or tunnels q sum not a
10 exceed twenty-five thousand dollars
on any one contract, provided, however,,
hat all disbursements beyond said sum |
hall be made only after they shall have .
been first authorised and approved by s
ehe Commission Council of the City OF {
New Orleans.
~ The Public Belt Railroad Com
mission, under such terms and conditions Z
- IL may deem advisable, shall have the Z
right to switch, handle OF convey, in {
pentinuous movement, for any railroad,
lssins over such bridges or through such
tunnels and over the main lines of the Z
Public Belt Railroad to the depot OF
vsrd Of said railroad or to any union
passenger depot or union terminal Of
he Public Belt Railroad system; it being .
naderstood that the sole purpose Of this d
provision i to facilitate the movement
u trains entering the City Of New Or .
|eaus on the east or west bank Of the q
Mississippi River. Under NO condition Q
IN the Public Belt Railroad Communion '
Inst switching privileges to any railroad .
Dvsr the Public Belt Railroad System.
81 ANY bridge Of tunnel construct
4 and any appustsnancss thereof and .
ny lands Of other things necessary thsre- !"
y, acquired Or constructed under the !
,sevisiens Of this amendment, and any &
"a al rpos,or&v lanand a Ar hv thu Civ q