The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1916-10-21

moneys Wnateoefers prov1oeos however
no moneys shall be borrowed by said Board
for any other purpose than current pur-
poses, and in no event shall any money
be borrowed by said Board to make or to
pay for permanent improvements; and
provided further. that said Board shall
not make any contract or incur any debt
or obligation unless sufficient funds, not
o 5a 1rs Sc appropriated, to pay and dis
ury OF said Board at the time of making
said contract or mourning said debt or
obligation and are specially set aside and
dedicated to said purpose, except as may
be hereinabove specially provided.
Said Board shall annually and prior to
the beginning of the scholastic year pre-
pare budget OF its receipts and expendi-
lures and said budget. before it becomes
effective, must be approved by the Com
mission Council of the City Of New Or
body of said City. and ali appropriations
by or expenditures of said Board not in
cluded in the said budget shall likewise
by said Commission Council or It's said
successor;
Provided that nothing herein shall be
taken or construed as authorizing the
COMMISSION Council or its successor to
change, alter, substitute or eliminate any
OF the items of the budget thus submitted;
the true intent and meaning hereof being
that the said council or its successor shall
have no authority whatsoever in or over
said budget except to the extent of ascer-
tanning whether the proposed expenditures
as exhibited by said budget are within the
probable and estimated revenues of said
Board OF Directors of the Public Schools,
Parish of Orleans
Section 90 The inhibition herein estab
lished against the City Of New Orleans
and the Board of Directors of the Public
Schools. Parish of Orleans. or either of
them. borrowing money, anticipating their
revenues capitalizing their funds or issu-
apply to all boards, commissions or bodies
created by or under the authority of the
Commission Council of the City Of New
Orleans, or its successor as the governing
Section 21. The provisions hereof are
self-operative, and the City OF New Or
leans and the several boards and bodies
herein referred to shall carry the same
into effect.
Be it further enacted, etc., That the
amendment proposed by this act shall be
their approval or rejection at the Congress
sional election to be held on the first
Tuesday after the first Monday in the
month Of November, 1916; that there shall
at said election the words:
For the proposed amendment to the
Constitution Of the State of Louisiana
providing for the funding Of certain debts
of the City of New Orleans and of the
Board of Directors of the Public Schools,
Parish of Orleans" and the words:
Against the proposed amendment to
the Constitution Of the State Of Louisiana
of the City of New Orleans and Of the
Board of Directors of the Public Schools,
Parish of Orleans;"
and that each elector shall indicate on
the ballot cast by him, as provided by
the general election laws of the State,
whether he votes for or against the pro-
posed amendment
HEWITT BOUANCHAUD,
Speaker of the House of Representatives.
lFERNAND MOUTON,
Lieut.. Gov. and President of the Senate.
Approved: June 8, 1916.
r. G. PLEASANT,
Governor of the State of Louisiana.
A true copy:
JAMES j. BAILEY,
Secretary of State.