The Donaldsonville chief., 1916-10-21

railroad and highway use, together with
all approaches, railroad and highway con-
/ ninals, water craft and other structures,
/ improvements, Facilities and accessories
1 thereunto appertaining;
/ {b1 To acquire. by appropriation or
/ otherwise, the property, ownership. use
or possession of any lands or other things
necessary for the construction. equipment
bridge or tunnel and appurtenances; and
| (cl To lay out, open, close, alter or
change the. route of any roadway non
navigable stream or drain oyer 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 Or
| 625 The City Of New Orleans is further
hereby granted power Tor the purpose or
constructing any such bridges or tunnels
| acquiring the lands of other things neces-
! sary thereto to issue its obligations in
such forms, numbers, denominations and
upon such terms and conditions as to
naturities, rates and payment Of Interest
| and final redemption as the said City of
| New Orleans may deem advisable, subject
| to the following limitations:
| ta) Except as may be herein otherwise
Secured solely and only by liens and mort
cages upon and against such bridges or
| tunnels and appurtenances. and the lands
| a lien and pledge upon the net revenues
derived from the operation thereof, and
shall be paid fherefrom and from no other
otherwise stipulated herein, and not by
any tax or assessment or levy upon any
| taxable property. in. the City of New
| revenues Or things of value of said city:
the true intent and meaning hereof being
that save and except, to the extent, out
stated, the City of New Orleans shall
| never be liable for, nor shall it assume.
any debt, liability or obligation Incurred
f6aH ft1fSe ,f he
visions hereof
(b) During the period of construction of
such bridges and tunnels and appurte-
nances and during such times as the
revenues from the operation thereof shall
not be sufficient to provide for the interest
on, and for the redemption or, any and all
of the obligations hereinabove authorized
to be issued any and all of such oblfga-
tions falling due shall be redeemed and
all accrued interest shall be paid from the
net revenues of the Public Belt Railroad
system of the City of New Orleans to such
extent as may be required, after proyid-
1ng n n TIE prsssphed by act No
of Louisiana. session Off 1903, for the pay
1nent of the principal and interest of any
bonds authorized by said Act No. 179 of
1908, whether heretofore or hereafter
issued.
(3) Any bridges or tunnels and appur-
tenances thereof constructed, equipped,
maintained or operated by the City of New
Orleans under the authority hereby con-
ferred and all other property acquired by.
the City Of New Orleans under the pro-
visions of this amendment, shall form and
are hereby constituted an integral part of
the Public Belt Railroad system, as 1T now
or as i may N ,+f hereafter @ I exist which b. SAID
authorized to extend and operate IN and
beyond the Parish Of Orleans; and the
city Of New Orleans is hereby vested with
the same powers with respect to the
Public Belt Railroad system as well as
With respect to such bridges tunnels ap
ton, constructions operation and develop
ment as are now vested In said Commits
sembiy Of the State Of Louisiana, session
Of 1903, with respect to the Public Belt
Railroad as presently established.
hereby Mton nro
or approval therefor by the Commission
Council of the City OF New Orleans, to
expend out of any of Its revenues and for
the purpose Of constructing such bridges
or tunnels a sum not to exceed twenty
FIVE thousand dollars on any one contract,
provided, however. that all disbursements
beyond said sum shall be made only after
they shall have been first authorized and
approved by the Commission Council 81
the City of New Orleans.
(D The Public Belt Railroad Commits
sion. under such terms and conditions as
it may deem advisable. shall have the
right to switch, handle or convey, in con
tinuous movement, for any railroad, trains
over such bridges or through such tunnels
and over the main lines of the Public Belt
road or to any union passenger depot or
union terminal Of the Public Belt Railroad
system; 1t being understood that the sole
the @ movement Of trains i entering n % he civ
of New Orleans on the east or west bank
Of n the Mississippi River. Under no condi-
mission grant switching privileges to any
railroad over the Public Belt Railroad
system.
(5) Any bridge or tunnel constructed
md a nu
lands or other things necessary thereto,
acquired or constructed under the pro-
al property leased to or by the City OF
New Orleans for the purpose Of this
amendment, during the life Of the lease,
shan shia pc exempt from every form of tax,
shall in no manner be hypo1hecated, leased
or alienated except and only to further
fo he pabe Hfs geR Harggaa o. Ipgs
or to otherwise advance and carry out the
objects 81 and Durnpses Of this amendment.
shall constitute a C. contract ct between , the
holders of any and all obligations issued
Hereunder, the State of Louisiana and
the City of New Orleans.
(D None of the provisions of this amend
ment shall be construed or interpreted SO
a. a. 70 conf1Iet with the provisons Of Act
SO, No. ef E the tae General Assembly Of the
Joint Resolution proposing an amend-
.ment to the Constitution Of the State pro-
4IuiMs i0Is tHS iulQlng Oh certain debts OF
the City of New Orleans and OF the Board
of Directors OF the Public Schools, Parish
OF Orleans, respectively, nor as repeating, |
affecting, changing or altering Act 179 OF
the General Assembly of the State of
Louisiana for the year 1908, authorizing
the issuance of two million dollars Of
bonds for Belt Railroad purposes. |
(8) That all the rights, franchises and |
1mnlunities herein granted shall continue |
and exist only upon the condition that the |
construction of said bridge shall be ac- |
lively begun not later than May 1. 1920 |
and that the said bridge shall be COM |
pleted within five years from the date of |
the commencement of the work; provided, |
that after the work Of construction has
begun, in the event of delays occasioned |
by litigation, strikes. panics, lockouts |
failure of contractor or sub contractor to
deliver materials on contract time or Of !
any contractor or sub-eontractor to COM |
plete work on contract time or any delay I
os oecastoned q, by any act or circumstance
over which the grantee herein has no |
control, there shall be and Is hereby |
granted further time for completion equal |
to the period covered by such delays; and |
provided further, II the Congress Of the |
United States shall, after the construc- |
ton Of said bridge has begun, grant an |
extension Of time or further delay for the I
completion Of said bridge, then such |
additional delay shall be and is hereby |
ipso facto, granted under this Act
Section 2. Be it further enacted, etc, |
That the amendment proposed by this Act |
shall be submitted to the electors of the