The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-10-21
ACT NO. TIC.

III, No. e. BY Leon r. Smith.
~ E JOINT RESOLUTION
,.aosir,g an amendment to the conseitu-
ssp XII e The state of Louisiana, proyid-
- ~ the funding of certain debts OF
~. u. INV If Shreveport, and judgments
ssa,nst the said city. the issuance of
s sas.l bonds by said city. providing
~ purpose for and the manner in
II ,esiab came may be issued, and the
% satlos Il the city Council of the City
j Shreveport, with reference thereto;
IA M leyying by the City Council of
Shreveport Of certain taxes to retire
NJ bonds as issued herein, by said
I'm And providing for the submis-
dan Of said amendment to the electors
II Il fine state for their approval or
rejection.
u d 4 enacted by the General Assembly
4 ~ state Of Louisiana, two thirds of all
Il members elected to each branch
sseof coneurring, that subject to the
ntacation and approval of the electors
ths state the Constitution Of the State
i i amended by incorporating therein, the
AbHowing provisions. to-wit:
4 Section l. The City Of Shreveport by a
#tuy.iifths vote Of all the members OF the
Nm Council thereof, shall have power
saa d hereby authorized to issue s5G0,0 900
4 !, bonds, or SO much thereof as may be
Il Unnecessary, to be styled City of Shreveport
%lh..isl4 Via I3nnyse ard IN haar a11oh "a q
a h interest as the City Council may fix
4 fvm time to time. as each installment of
4 iii said bonds is offered for sale, as here
4 liter provided; said rate Of interest at no
4 nis to exceed S per cent per annum
j ayable senli-annually.
Section Z, The proceeds of said bonds
i aalIbe applied to the payment and retire.
Rment IF all certificates Of indebtedness
ssued BY the City Of Shreveport prior to
4 Way !, 1916 and to the payment of all
I Judgments rendered against said city prior
I y May 1915.
Section 5. All bonds issued under this
4 amendment shall be In such form, terms
1 tHa denominations and payable at such
/ tines and places, within q period of not
Atseding forty years from the date there
as the City Council OF Shreveport shall
aalsrmine. Said bonds shall be issued In
sfial form and shall be payable in annual
aslalments, commencing not more than
as year from their respective dates, and
Nelnstallment payable In each year shall
y 80 ilxed, that when the annual interest
ADDED thereto, the several annual. total
slleunts Of principal and interest to be
lala shal be as nearly equal as practi-
I tabie,
eala oohds shall be signed by the Mayor
aa tlie Secretary Treasurer of the City
' shreveport and countersigned by the
Ssaiasslofler Of Accounts and Finances,
sAa 'ne coupons shall have the facsimile
ssAs'afes Of the Mayor and Secretary
s.sasasef, ~ case any such officer whose
ssassure Or counter signature, who APP
ssls % such bond or coupon, shall
IN Y % such officer before delivery of
~ pohd Or coupon to the purchaser,
~ signature or counter signature shall
s s,s., be valid for all purposes.
l \ f,ssiVh i The principal and interest of
~ ssaas authorized by this amendment
~ ssa ee payable in gold coin Of the United
1 NJ ats q America or its equivalent, of the
aauafa weight and flneness at the time
T.. !. ISSUANCE thereof, and shall be ex-
~ nom all forms of taxation,
j Sun "a 2, The full faith and credit of
e, s'ss g Shreveport are pledged for the
o. principal and interest Of all
,s1s;. ,Ssasa under this amendment. The
- s.pa ana interest of all bonds au-
aia TO be issued under this
I'm ,'ss'at, shall be paid out of tax which
Il III ', :, ieVled annually by the city Coun-
I'M !, ea 7, upon all taxable prop
IN :. s'l'a city, sufficient to provide for
Il ia s % the principal and interest
u 9oaas as they respectively become
4 tbs asA so levied Is to be In excess
49, ss,'efai and special taxes provided
as " N this constitution and is
9sbs, e affected by nor to affect the
sss., as elsewhere contained In the
Isa,ss as TO the Issuance Of bonds
NM. SWING of taxes by municipalities
HI 4. rnsss 4. Z me 4yovisions hereof are
|a as,sssa. and HE city Council of
q ttsect. = ofaiaance carry them
/ aasalmasu ftner enacted. ctr That tba
sallsttsd II tr,oposed by this act shall he
|ss apn a " ne electors of the State for
N sssssotsls N - or rejection at the Con-
aalay 49, sction to be held on the first |
\ ata 81 MI sse me first Monday in the
Il Hallts5 ~, ssitnber. 1916: and there shall
4 ftr ssissscstlon, the words ~ 10 o'eu
1a slliitt1,fscss proposed Amendment In the /
4 salr iar 81 Fl the State Of Louisiana |
4 sa civ ~ t es 1urding OF certain debts |
4 tAs I'M Sns Y Shreveport" @s's' so'
4 earssit,tt3ne proposed amendments IA |
i sssaing III II o. the State Of Lol1isiana
lid oI Shreveport - ees't oepls
se casf M sre sor shall indicate on the
sssainst III ann whether he votes for
|ssst e,av aEsI1,RNAND MOTTolSS
In e ~, resident of the Senate
E1sasksf ii .h levitt BOUANCHATJD
( seliepea. ss House of Represenfa ffvas.
as1p5ulg s. 1916. eAt 10y =.
4. eoyer,,n.. Y. PLEASANT.
es III. eopvs o. the State of Louisiana.
ssess.J BAILEY
sssly OF State.
g.