New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-07

come self operative and the funds d
rived therefrom be Immediately used (
said purpose, and provided further tt
the tax collectors and assessors shall ],
ceive no commissions for assessing an
collecting said one mill tax herein pr,
vided
Provided that nothing in this Artic
shall be construed so as to prohibit II
Gene1al Assembly from providing art
ncial limbs to disabled Confederat
Solid ers or Sailors.
Section 2. Be it further resolved, etc
That this proposed amendment be sub
mitted to the qualified electors of tn
State of Louisiana, for adoption or re
lection at the Congressional election t
be held on the first Tuesday next fol
lowing g the first Monday in Novembe1
1916.
That the official ballots to be used a
said election shall have printed the1eo
the words; "For the proposed amend
ment to Article 303 of the Constitution
of the State of Louisiana relative to tn
pension for Confederate Veterans" an
the " ords Against the proposed ameno
ment to Article 303 of the Constitution
of the State of Louisiana relative to PEI,
sions, for Confederate Veterans" an.
each 'elector shall indicate, as provide,
In the general election laws OF tn,
State, whether or not he votes for G.
against the amendment.
HEWITT BOUANCHAUD,
Speaker OF the House OF Representatives
FERNAND MOUION,
Lieut.! Gov. and President of the Senate
approved: July 5, 1916.
R. G. PLEASANT,
Governor of the State of Louisiana
A true copy:
JAMES J. BAILEY,
Secretary of State.
ACT NO. 10.
Senate Bill No. 96. BY Leon R. Smith
A JOINT RESOLUTION.
Proposing an amendment to the Constr
tuition of the State of Louisiana, pro
vidlng for the funding of certain deD..
OF the City of Shreveport, ana Jug
ments against the said city, the lssu
ance OF serial bonds by SAID city, pro
viding the purpose tor and the name
in which same may be issued, an.
the duties of the City Council of tn.
City of Shreveport, with referen.,
tnefeto; and the levying by the Gu,
Council of Shreveport of certain txae,
to retire the bonds as issued herein
by said city. And p.ovlalng for tn
submission of said amendment to tn.
electors of the State for their approva
or rejection.
Be it enacted by the General Assem-
3iy of the State Of Louisiana, two thiras
of all the members elected to eaci.
branch thereof concurring, that subjec
% the ratification and approval of tn,
electors of this State, the Constitutio.
of the State be amended by incorpora.
ing therein, the following provisions, to
wit:
Section /. The City of Shreveport b,
. four-ffths vote of all the members ..
the City Council thereof, shall hav,
power and is hereby authorized to issu,
$500, 900 of bonds, or SO much thereo
- may be necessary, to be styled Cit,
Of Shreveport Serial Gold Bonds, an
to bear such rate of interest as the Cil,
Council may fix from time to time, A.
each installment Of the said bonds is
offered for sale, ~ hereafter provided
said rate Of interest ut no time to eA
ceed 5 per cent per annum payable SEM.
annually.
Section 2. The proceeds of sal.
bonds shall be applied to the paymen
and retirement of all certificates of in
lebtedness issued by the City of Shreve
port prior to May /, 1916, and to tn,
payment of all judgments rendere
against said city prior to May l, 1915
Section 3. All bonds ISSUED unde4
his amendment shall be in such forms,
erms and denominations, and payabl.
It such times and places, within q per
cd Of not exceeding forty years from
he date thereof, - the City Council o.
Shreveport shall determine. Said bond
hall be issued in serial form and shall
,e payable In annual installments, com
nencing not more than one year fror
heir respective dates, and the install
rent payable in each year shall be SC
ixed, that when the annual interest IS
dded thereto, the several annual tota,
Of principal and interest to be
aid shall be As nearly equal As pra:-
icable.
! Said bonds shall be signed by the
dayof and the Secretary Treasurer o.
he City Of Shreveport, and counter
igned by the Commissioners of Ac
cunts and Finances, and the coupon
hall have the fac-simile signatures of ths
dayor and Secretary Treasurer. 1,
ase any such officer whose signature o,
who appears on sucl
bond or coupon, shall cease to be such
fficer before delivery of said bond o,
oupon to the purchaser, such signature
: copnter-signature shall nevertheless,
E valid for all purposes.
Section 4. Tie principal and interes
all bonds authorized by this amend
lent shall be payable in gold coin o
,e United States of America or its
4uivslent, Of the standard weight and
nensss At the time of the issuancel
hereof, and shall be exempt from all
,rms. Of TAXATION.
Section 8. The full faith and credit