The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-09-02


sued under the aforesaid ACT 10. Is Of
II, Or under subsequent legislation, shall
IT at any one time be outstanding in an
mount in excess of Five Million Dollars
!, 900, 000) in face value.
Section Il. The total issue of bonds by
e City of New Orleans for all purposes
TALL never exceed ten per centum of the
;sessed valuation of the property in said
ty;, provided, however, that neither the
,ainage purposes (namely, the $12,000,-
70 Public improvement Bonds issued
lder said Act No. of 1899 and the
100000 New Public improvement Bonds
ssembly OF the State of Louisiana for
le year 1906, and acts amendatory there
and supplemental thereto, as well as
ich bonds, hereby or hereafter author
ny part thereof may be refunded), nor
lie. $2,000,000 Public Belt Railroad Bonds
lthorized by, Act No. 179 of the General
ssembly of the State of Louisiana for the
lorized for hRublic Belt Railroad pur-
RaRAGa fgaahwater supply or for the
obstruction of any revenue
s Dbl parily chargeable against
1 # sses &ents for street paving,
y nclud in computing the .ndebt-
i yof said City of New Orleans under
tatlon; and provided further, that
fy bonds may be issued as au-
in Section 5 of this amendment
eugh said limitation shall have
E,c enc provided that the Nine Mil
avs OF bonds authorized by Sec
85sz IN this amendment shall not be
~ the limitation herein fixed at
or times that same shall be
vt, with respect to any other
@ may be issued hereafter under
ndment there shall be included
computation said Nine Million
~ Pf bonds, notwithsta ng the fact
of ct n satd 1,a Nine IN Mil Dollars Of
h amount of emerg#G bonds as
5s$ then outstanding. .
Fon Il. The Board dILiquidation,
Debt, as now organized an9$created
it'll the powers, duties and functions
r1bed by existing laws and by this
Rdment, shall be continued while any
5nds authorized by this amendment are
alt?s ST and unpaid; and all taxes
ald bonds shah, day by day as collected,
PAID over to said Board, and shall by
&De applied in payment of the principal
Ed interest of said bonds, and said board
q this amendment be entitled to exercise
$tthe rights and enforce the performance
*saaH the obligations, the same as it is
me Of 70 the 90 ad dnaGr 6exssng a.
vi with respect to any oSAhe presently
atstanding. bonds of said Sity of New
rleans. Ali funds, property and things
value held by the Board OF Liquidation,
IAN taxes now or hereafter levied, and
articularly all funds, property and things
value now or hereafter held by said
GGfninIU STata
lie year 1880 and all amendments there
J.. shall when released from contract
bligations or dedications imposed by laws
Sisting at the time of the adoption of this
secretion of said Board in payment and
etirement of any bonds of the City of
ew Orleans then outstanding.
section Is. For general municipal pur-
oses, exclusive of the support and MAIN
enance of the public schools and the pay
lent of the bonded debt of the City of
eW Orleans, said city may in each year
Wy upon all taxable property within said
ills on the dollar of the assessed valua-
on thereof; provided, however, that when
he one per cent debt tax authorized by
aid Act No. 10 of 1890 and the, two-mill
alter and sewer tax authorized by said
ct No. 6 of 1899 shall both have ceased
} be levied, and if thereafter the taxes
WED by the City of New Orleans in any
ne year for bonded debt. purposes be less
As@Ai
vents levy for it's general purposes such
tax which, when added to the
Tx of six and one-half mills hereby
uthorized and the taxes levied for the
ayment of the principal and interest of
s bonds as they severally mature, shall
OF exceed IN the aggregate sixteen and
ne-half mills.
Section Is. The reservation of twenty
er cent of the revenues of the City of
eW Orleans shall not hereafter n IaaSs
$ directed by Section 20 If AeEs q D ~
le General Assembly Of the sXate 0aa
fe for rd the year ls1 except nso
lall have been appropriated or dedicated
efore this amendment takes effect to the
ayment of any obligation Of the City of
ew Orleans, and said reserve fund of
ach year. when released from the oblf-
ations charged against it by law and
ecause of contracts, existing at the time
the adoption of this amendment, shall
used use for general 1n purposes.
ublc schools in the City of New Orleans,
le Board Of Directors of the Public
chools, Parish of Orleans, or its legal
lccessor, shall levy annually such tax,
OF exceeding three and one-haf mills, as
lid Board shall deem necessary, which
Wy shall be certified by said Board to
le Commission Council or other future
overning body OF the City of New Or
ans, which shah cause the tax to be
ntered upon the tax rolls of said city,
ccordfng to law against all taxable
roperty. in said city. as assessed and
lid tax shall be collected by said city and
aid over to said Boarl of Directors of the
uhlic Schools, Parish Of Orleans, day by
ay as collected.
appropriations and funds now authorized
+ directed to be levied or contributed by
lie City of New Orleans for public school
urposes, either by said Act No. ITO Of
rfr,5o Sc Tlrac
on of this State. All constitutional pro-
isions to the contrary, as well as Act
O., 262 of the General Assembly of the
tate of Louisiana for the year 1914,
ltion of this State, are hereby abrogated
nd repealed; and the City ofaNew Orleans
hall have no power or au tSrfty to use
r employ any of its taxeAS6r funds for
{ the public schools, direcH or indirect
:, except as herein authorized; provided,
owever, that the City of New Orleans
1all administer. use and employ all the
held by it under any, special
gacy, bequest or donation made or to
E made directly to it for school purposes,
nd shall carry out and execute the con-
pests or donations that have been here
80 . made to and accepted by said City
Orleans and all such as may here
a. made to and accepted by said city.
A,2. IS. Fer the purpose % giving
support to the PNAlic Schools,
of Directors q Ahe @Public
Parish of Orleans its legal
may levy UPON III taxable
Ill the City of ~ Orleans a
anot exceeding tW4 hills on the
q Che assessed valuation of said
sll1ich special tax shall be in
= $ tax authorized by Section II
|Rz II q Ad1nent), whenever ~ in the
Z d scribed by Act No. 256 of the
$ss Sambly of the State of Louis