New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-28

!
Provided that nothing in this Articl
shall be construed so as to prohibit tx
General Assembly from providing art
lcial limbs to disabled Confedera,
Soldiers or Sailors.
Section z. Be it further resolved, etc
That this proposed amendment be sub
mltted to the qualified electors of tn
State of Louisiana, for adoption or re
lection at the Congressional election t
be held on the first Tuesday next fol
lowing the first Monday in November
1916.
| That the official ballots to be used a
| said election shall have printed thereof
the words; "For the proposed amend
ment to Article 3O3 of the Constitution
! of the State of Louisiana relative to tn
| pensions for Confederate Veterans an,
the words Against the proposed amend
ment to Article 3O3 of the Constitution
OF the State of Louisiana relative to pen
slons tor Confederate Veterans" ant
each elector shall indicate, as provide
In the general election laws of the
State, whether or not he votes for OF
against the amendment
HEWITT BOUANCHAUD,
speaker OF the house OF Representatives.
FERNAND MOUION,
Lieut. Gov. and President of the Senate
Approved: July 5, 1916.
T.. u. PLEASANT,
Governor of the State of Louisiana.
A true copy:
JAMES J. BAILEY,
Secretary of State.
ACT NO. no.
Senate Bill No. 30. By Leon 4. Smith.
A JOINT RESOLUTION.
Proposing an amendment to the Consti-
tuition of the State of Louisiana, pro
vldlng for the funding OF certain deb,s
OF the City of Shreveport, and judg
ments against the said city, the. issu
ance of serial bonds by said city, pro
viding the purpose for and the manner
In which same may be issued, ana
the duties of the City Council of tne
City of Shreveport, with reference
thereto; and the levying by the City
Council of Shreveport of certain txaes
to retire the bonds as issued herein.
by said city. And providing fox the
submission of said amendment to the
electors of the State for their approval
or rejection.
Be it enacted by the General Assem-
bly, of the State of Louisiana, two thirds
of all the members elected to each
branch thereof concurring, that subject
10 the ratification and approval of the
electors of this State, the Constitution
of the State be amended by incorporat-
ing therein, the following provisions, to-
wit:
Section l. The City of Shreveport BY
a four fifths vote of all the members of |
The City Council thereof, shall have
power and is hereby authorized to issue
100000 of bonds, or SO much thereof |
as may be necessary, to be styled City
Of Shreveport Serial Gold Bonds, and
to bear such rate of interest as the City |
Council may fix from time to time, as
each installment of the said bonds is
offered for sale, as hereafter provided
said rate of interest at no time to ex-
ICED 5 per cent per annu.a payao.e scAu-
Section 2. The proceeds of said
bonds shall be applied to the payment
md retirement of all certificates of in
lebtedness issued by the City of Shreve-
BORT prior to May /, 1916, and to the
payment of all judgments rendered
lgainst said city prior to May l, 1916.
Section 3. All bonds ISSUED under
his amendment shall be in such forms,
erms and denominations, and payable
t such times and places, within a per
cd of not exceeding forty years from
he date thereof, as the City Council of
shreveport shall determine. Said bonds
hall be issued in serial form and shall
'e payable in annual installments, COM
nencing not more than one year from
heir respective dates, and the Install
snt payable in each year shall be sol
lxed, that when the annual interest ;.
dded thereto, the several annual total
mounts of principal and interest to be
aid shall be as nearly equal as prac-
icable.
Said bonds shall be signed by the
dayor and the Secretary Treasurer of
he City of Shreveport, and counter
igned by the Commissioners of Ac-
cunts and Finances, and the coupons
hall have the fac-simile signatures of the
favor and Secretary Treasurer. In
ase any such officer whose signature or
ounter-signature, who appears on such
bond or coupon, shall cease to be such
fficer before delivery of said bond or
oupon to the purchaser, such signature
: counter-signature shall nevertheless
e valid for all purposes.
Section 4. The principal and interest
all bonds authorized by this amend
lent shall be payable in gold coin of
10 United States of America or its
quivalent, of the standard weight and
neness at the time of the issuance
hereof, and shall be exempt from I'll
,rms of taxation.
Section s. The full faith and credit
the City Of Shreveport are pledged
y the payment of principal and inter-
Il Of oil bonds issued under this amend
snt. The principal and interest of all
,nds authorized and to be issued under 1
10 amendment, shall be paid out of tax
hich shall b levied annually BY the
ity Council Of Shreveport, upon all
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