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


ali annroaches railroad and highway con-
nectfons, roads, roadways, railroads, ter
ninaIs, water craft and other structures,
Improvements, facliinss fsllo accessories
thereunto appertaln1lS,
(b) To acquire, by appropriation or
otherwise, the property ownership, use
Or nossession of any lands or other things
NECESSARY for the construction, equipment,
maintenance or operation OF any such
bridge or tunnel and appurIenances, and
(c5 TO lay out, open, close, alter or
change the route of any roadway, nom
navigable stream or dram oyer which the
approaches Of any sueh o pf t or fa11n q
railroad system of the City of New Or
leans shall extend. 49,,
(2l The City. OF New IT means ta. IS turner
nonstr1cting any such bridges or tunnels
ana appurtenances and for the purpose of
acquiring the lands or oI ifs 5hings neees
such forms. mum hers, denominations and
amounts, at such times and prices and
upon such terms ana ay eonato on as GO
and final redemption as the said City OF
New Orleans may deem advisable, subject
to the following limitations:
(a) Except as may pc herein otherwise
provided, all such obligations shall be
Secured solely and only by liens and mort
or other things necessary thereto, and by
a lien and pledge upon the net revenues
derived from the operation thereof, and
shall be paid therefrom and from no other
source or sources whatsoever, except as
otherwise stipulated herein, and not by
taxable property in. the City Of New
&Drleans, nor out of any other funds.
|Yevenues o. things of value OF said city;
the true intent and meaning hereof being
that save and except, to the extent, out
of the funds, and in the manner herein
stated, the City. of New Orleans shall
never be liable for, nor shall it assume,
any debt liability or obligation incurred
or created in the execution of the pro-
visions hereof.
(b) During the period of construction of
such bridges and TUNES 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 obliga,,
lions 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-
ing in the manner prescribed by Act No.
179 of the General Assembly of the State
of Louisiana, session OF 1yo8, for the pay
| ment of the principal and interest Of any
bonds authorized by said Act No. 1f9 OF
1908, whether heretofore or hereafter
issued.
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 it now
or as it may hereafter exist, which said
system the City of New Orleans is hereby
authorized to extend and operate in and
beyond the Parish of Orleans; and the
Public Belt Railroad Commission OF 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-
purtenances and property. their acqqlsf-
ton, construction, operation and develop
ment as are now vested in said Commits
sion by Act No. 179 of the General As
| sembly of the State of Louisiana, session
Of 1908, with respect to o. the h9,. Public Belt
The Public Belt Railroad Commission is
hereby authorized without prior authority
or approval therefor BY the Commission n
expend out Of any OF It's 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 of
the City of New Orleans.
40 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-
tinuoGs movement, for any railroad, trains
sh bbdges thro o9 sqeh Re
Railroad to the depot or yard of sail rail-
road or to any union passenger depot or
union terminal Of the Public Belt Railroad
| system; 1t being understood that the sole
| purpose of this provision Is to facilitate
the movement Of trains entering the City
OF New ,t Orleans on the east Or west bank
ton can the Public Belt Railroad Com
mission grant switching privileges to any
| railroad over the Public Belt Railroad
system.
(5) Any bridge or tunnel constructed
and any appurtenances thereof and any
lands or other things necessary thereto,
acquired or constructed under. the pro-
visions of this amendment, and any and
all property leased to or by the City of
during the Of the Of 5as
shall be exempt from every form Of tax
| alton, special assessment or license, and
shall in no manner be hypothecated, leased
or alienated except and only to further
the acquiring of other property or proper
ties for the Public Belt Railroad system,
or to otherwise advance and carry out the
20 The provisions of this amendment
s sa5da constitute rs = contract between the
holders OF any and all obligations issued
hereunder, the state of Louisiana and
the City of New Orleans
~ None Of the provisions of this amend
as TO conflict with the provisions of Act
No. of the General Assembly of the
State of Louisiana, session of 1916 being
ment to the Constitution of the State pro-
viding for the funding of certain debts of
the City of New Orleans and of the Board
of Directors of the Public Schools Parish
l.of Orleans, respectively, nor as repealing,
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.
go That all the rights, franchises and
immunities 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 /, 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 con tractor to
deliver materials on contract time or of
any contractor or sub contractor to COM
plete work on contract time or any delay
occasioned 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, If 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
completion Of said bridge, then such
additional delay shall be and is hereby.
pso facto granted under this Act
That the amendment proposed by this Act
shall be submitted to the electors of the
State for their approval or rejection at
tE1a fsrn,arr sol ri6a H.