The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-10-07

tb8 To acquire hg appropriation OF
otherwise the property ownership, ube
~ possession ~ ans lands or other things
necessary Tor lhv construction, equipment
or operation gf airy such
bridge us tunnel aud apputieuauetg aud
tCl To las uul. open, close, alter uT
change the route Of aHy roadway, non
uayIRable sifea9 or drain oNsr which the
approaches 81 tEy sash itiage uT tunnel.
ut ser which aHs part Of the Iuhhe BELT
* 4tlFu8l system Ui the city ut Rev tt
leans shall extend
tzs Ihe jly 81 New orleans is further |
hereby granted power. for the purpose 81 |
constructing ans such bridges or tunnels /
s.H .pbHfIpHauyea anu fof The purpose ~ |
acquiring the lands q other things ueees /
safg thereto. 90 issue its Obligations ln |
zsch forms. uumsers, denominations anu
amounts, At such times aud prices ana
tpuu such terms ana conditions as 10 |
faai4ruea rates ard payment - interest
and Hnal redemption a. the aald city oi |
NtW Orleans may deem advisable. subject |
90 the following limitations
tal Expept aA MAY be herein otherwise !
provided aii such obligations SHAH be
secured solely and only b. liens and mort
eaR.sF upun and against such bridges or |
tuuuga and appufienaners, aud 'he hhas
20 othe3 thiuHR necessary thereto, ana bg
a lien aud pledge upon the net revenues
derived frum tie operation thereof, and
shall be paid thgfsirGw ana from no oiheT
source of sources whatsoever, except az
otherwise stipulated herein, ANA not by
ans taA uT assessment; ug levy upon ans
ta&abie property Us the city Of New
orleans. nor uu, OF any ether funds,
revenues ar things 81 value Of said city,
the true Intent and meaning hereof belne
that save and except 10 the extent cut
II the funds and In the manner herein
stated the cts Of New orleans shall
never be liable for nor shall II assume
ans debt liability ct obligation incurred
OF created ia the execution OF the pro
visions hereof
such bridges and tunnels and appurte-
uanucs ard during such times as the
| revenues from the operation thereof NbaH
/ not be sufficient 10 provide for the interest
pn, and foT the redemption or. any and All
4 oi the obligations hereinabeye authorized
/ tu be ISSUED, ans and al II such obliga.
/ tons falling due shall be redeemed and
| ab accrued Interest shall be paid from the
net revenues Of the Public Belt Railroad
/ system of the tltA Of New orleans 70 su,b
! extent as may be required, after proFld-
! Tag ln the manner prescribed BY Act No,
! - Of the General Assembly If Che state
! Of Louisiana. session 81 lses, Iof the pay
meGt Of the principal and intefest % any
! bonds authorized ~ said Act No. iIg u
| 1903. whether heretofore or hereafter
/ Issued
| Id ANY brldges or tunnels and appur
I tenances thereof constructed equipped,
maintained OF operated by the city Of New
ferret and AZ other property acquired by
| the city OF New Orleans under the pro-
visions uf this amendment. shan fern and
ATE hereby constituted an integral part OF
ba Public Bclt Railroad system aa Il nov
so as lt may hereafter exist which said
ayatvm the Cily of New Orleans ~ hereby
authorized &C. extend and operate ~ and
beyond the Parish Of Orleans, and the
| Public Bsil Railroad Commission Of the
let's II New Orleans II hereby vested with
| & the
Public Belt Railroad system as well az
sith respect 20 such bridges, tunnels, ap-
p8rtcHaHces and property their acauisln
uoH, construction, operation ana aeselop-
| nant as are uuw vested VA said Commits.
sion bs Act 40. ifs Of the General As
| svmhg al the state Of louisiana, session
II 1909 with respect 10 The Public Hcli
Railroad as presently established
, The publie belt Railroad Commission Is
bHreby authorized without prior authority
) ~ approval therefor by the Commission
Council 81 the City of New Orleans r.
! pNYvud out II any 81 its revenues and fof
be purpose oi constructing such bridges
] ~ tunnels a sam not 10 exceed twenty
gtp Thousand dollars on any one contract
! lptuy,bta, however that all disbursements
; / bpy unB aaid Tum shall bs made ufly aftei
they shall have been first authorized ant
, approved hA the GeHmisslon Council 81
: / ths CITY OF NuR orleans
3 90 The Public BELT Railroad Co'nmiA
= sius under such terms and conditions ~
4 | 4 may deem advisable. shall have ths
| fright 10 HWitgh handle Or convey. 10 con
i, tjuuous movement, ter ans railroad, tfaln'
{ ever such bridges OF through such tuansla
: tnd over the main lines q The Public tBsl
o Railroad 60 the depot - yard 81 sail rail-
p ! road ~ 90 any union passenger depot o.
70 3Hluu terminal q! iae Public Belt Haiifoa'
@ IS atrm II being understood That tie soft
1 | purpose IT THIS provision iH to I4ciiilah
g The n0N nept ~ trains entering tRe CT,
y III Atw oIlaaHs en the east Or west banl
Il The NJ sslssipp River Under He cohdi
4oH rsa The Public Belt Railroad Com
3 mission grant FNitthnK privileges e. an
}, railroad over tie Public 8elt Railroad
b stem
l5l Any bridge ~ manei constuIcte.
ard auy nppuTteuanyes thereof and an
!. lands 81 other things necessary thereto
acquired 81 constructed under the pro
Visions ct ihis amendment and any an
tH property leased 10 " by the Glty Q
New Orleans foT the purpose u thi
amendment. during The life q the lease
D shalt BE exempt from every form Of tax
b. TtIou special assessment 81 license, an
r shall jH uu manner be- hkp0thesated, lease
y u alitnated except and only 30 fuTthe
y IhU acquiring nf ether property OF proper
y Ties los the Public Belt Railroad system
~ 10 otherwise advance aHd carry out "a
a t3sgts afA puftEses Of this amendment
!, 49, The prov sious of thss amsndneh
n shall constitute q contract between IN
iR holders Of ans ana al obligations issue
'e | tbste8naer the state 81 Louisiana an
. the CITY uf New Orleans.
~ Ga None Cd the pro, slana Of this amend
Bpnt shall be construed or Interpreted s
J As 10 conflict with the provisions q AZ
le ~ ~ the General Assembly Of h
= state 81 LOUISIANA, session OF 1915, beln
% Joint Resolution proposing an amend
~ meut g. the Constitution uf the state Pre-
u ,idtug fef the funding Of certain debts {
= the city og NcW Orleans ana Ut the Scar
y OF Directors 81 the Public schools, Paris
~ cd DfEyaua respectively, nor 40 Tepealihi
~ Affecting changing 81 altering Act ils I
y, the General Assembly 81 the state
~ Louisiana for the Year 1905, authoFiain
! thu issuance ot tao million dollars
. bonds f0r Belt Railroad purposes
-a tsj That al the rights, franchises an
q insmunliies herein Efanteh shali coh! . 4.
% and exist pulF upon the condition that 10
e construction 81 said bridge shall be a.
pc lively begun not later than May l. ls8
1e and that the said bridge shall be con
al pleied Within hye years from the date
W tie commencement 81 the work provide
= that after the work Of construction hs
n begun. ia the event of delays occasions
~ 81 litigation, strikes, panieh, lockout
& failure ui contractor OF sub contractor
re deliver materials on contract time or
gu ana contractor OF sub contractor 90 con
ne plete wofk or contract time ot any deia
bS | auraa8Hsd % any act OF cifCumsthn'
: aser which the grantee herein has
o. control there shall be and II hefes
ne granted further time for completion equ
OF 10 the period covered by such delays an
provided further, III the Congress os II
limited states shall after the Conatru
.e tom af said bridge has begun, grant I
isRtansloH 81 time OF further delay Tor u
- completion ~ said bridge, then sa'
a - LaH ali