The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1916-09-23

il an mr. Taiiroad and highway con-
neetions roads, roadways, fsaliI .t,,,s ler7
minals water craft and other sc .faesars
improvements, facilities ana seeeessoaaes
thereunto appertainlng, 49,, ~
(b) TO acquire, by exproprisaa1Lalon or
otherwise. the property oWne {ba,. +; use
necessary for the construction, equipment,
maintenance or operation OF aay sucn
bridge or tunnel and appurtenaisaS3ss. anu
(e) To lay out, open, close, aiter or
change the route of any roadway, non
navigable stream or drain over when WI, zen the
approaches OF any sucn pfiusep ,,1; neIt
or over which any part or the u VII Bet
Railroad system of the City OF NeW Or
leans shall extend. =
20 The City of New orleans - larlhef
hereby granted power, for the purpose 9I |
constructing any such bridges O. tunnels
and appurtenances and for the purpose OF
acquiring the lands or other tniin l, neces-
sary thereto, to issue Its opHgatlohs IN
such forms, numbers, denonlnalions and
amounts, at such times ana prices ana
upon such terms and condlIlotessi as 10
maturities, rates and payment OF ol l Il!
and final redemption as the sald CITY OF !
New Orleans may deem advisable, subject
to the following limitations: ,+l,o..,,ao
(a) Except as may be herein oLneTWlSe
provided all such obligations snail pc
secured solely and only by liens and mort
cages upon and against sucn ,p -. or
tunnels and appurtenancess and the lands
or other things necessary thereto, ana by
a lien and pledge upon the net revenues |
derived from the operation Inefs po t ana
source or sources whatsoever except as
otherwise stipulated herein, ana not by
tax Unable be property in the city Of New
Orleans nor out of any other funds,
revenues or 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 neream
| stated, the City of New, Orleans shall
never be liable for, nor shall lG assume,
| any debt, liability or obligation incurred
| or created in the execution Of the pro-
visions hereof.
| such bridges and tunnels and appurte-
| nances and during such times as the
| revenues from the operation thereof snail
not be sufficient to provide for the interest,"
on and for the redemption or, any and az
1 of the obligations hereinabove authorized
/ to be issued, any and all OF such oDlga-
tons falling due shall be redeemed and
all accrued interest shall be paid from the
net revenues of the Public Belt Railroad
4 system of the City of New Orleans to such
/ ing in the manner prescribed by Act No.
1 1T9 of the General Assembly OF the state
of Louisiana. session Of 1908, Tor the pay
ment of the principal and interest OF any
| bonds authorized by said Act No. 179 OF
1903, whether heretofore or hereafter
1 issued.
i (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 It now
or as it may hereafter exist which said
i system the City of New Orleans IS hereby
! authorized to extend and operate ln and a1l1
! 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 tn. respect to the a e
4 with respect to such bridges, tunnels, ap-#
purtenances and property, their acquisi-
ton construction operation an e. aeve9p
sion by Act No. 179 of the General AS
sen1biy of the State of Louisiana, session
e los W q sspsas 60
The Public Belt Railroad Commission is
: thereby authorized without prior authority
G G Of the city Of New Orleans to
L expend out of any of Its revenues and for
Il the purpose Of constructing such bridges
{ or tunnels sum not to exceed twenty
Il five thousand dollars on any one cont tract
Il provided, however, that all dlspursemenfs
J beyond said sum shall be made only after
approved by the Commission Council Of
) tie City of New Orleans.
j "a The Public Belt Railroad Commits
J sion. under such terms and conditions as
i 1t may deem advisable, shall have the
right to switch, handle or convey, IN con-
tinuous movement, for any railroad, trains
t over such bridges or through such tunnels
) and over the main lines OF the PUBLIC Belt
} Railroad to the depot or yard OF sail rail-
q to any qn tba et Rroa
. system; it being understood that the sole
1 purpose of this provision is to faclhtate
g the movement of trains entering the CITY
r of New Orleans on the east or west bank
Of the Mississippi River. Under no condi-
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
LON lie af6 thereto.
acquired or constructed under the pro-
visions of this amendment, and any and
all property leased to or by me G - th q
| amendment, during the life Of the lease
!. shall be exempt from every form of tax
9 shall in no 1 manner Be hypothecated, Leased
I or alienated except and only to further
q the acquiring of other property or proper
i ties for the Public Belt Railroad system
!, or to otherwise advance and carry out the
Vi objects and purposes of this amendment
! {6) The provisions OF this amendment
n shall constitute contract between the
g holders Of any and all obligations ISSUED
g Hereunder the State of louisiana ane
:, the city Of New Orleans.
Il Cd None of the provisions OF this amend,
: ment shall be construed or interpreted 81
: as to conflict with the provisions OF &C
e No. 4 of the General Assembly Of fne
;, State of Louisiana, session OF 1916 beinE
g a Joint Resolution proposing an amend
q ment to the Constitution of the State preE
y vfding for the funding of certain debts
the City NEW 5QllEStIAS SilS
: Of Directors of the Public Schools, Parett
i of Orleans. respectively, nor as repeald@s
y affecting, changing or altering Act ligassi
], the General Assembly OF the Statel
II Louisiana for the year 1908, authorlMs
: the issuance of two million dollar o.
2 bonds for Belt Railroad purposes.
q (8) That all the rights. franchisessna
and exist only upon the condition fhatils
:, construction of said bridge shall H,a On
e lively begun not later than May llszV. |
y and that the said bridge shall broom
" pIeted within five years from the Mte y
II the commencement OF the work; pHgld ts. |
= that after the work Of CONSTITUENT na as
& begun, in the event of delays ocesiontsaa
y. failure of contractor or sub contnctor ~
ls deliver materials on contract tine o. :.
IL any Contractor or sub contfaetprt to COM COM
le plete work on contract time or any ae slas
" | occasioned by any act or creHn1s t.sl ~
over which the grantee sheialn h Esra nv
ls granted further time for commtion m, ea nd
or fo the period covered by such a ~
nroyided further Ii the Congess OF Line
tinted States shall after Ell constlFu ",
Ell ton of said bridge has begm grant ~ e.
. extension of time or further clay ler s, srS
g.. completion of said bridge then. o, sIS.A
additional delay shall pc t aM III Il hei go
a. Section q Be 1t further nactesa le e 4 &
That the amendment propose by TINS IS The a,,e
shall he submitted to the electors on ei :
State for their approval oIre5eGllngyiaI m ~
fhe Congressional election pc lny Sla
n the first Tuesday after thersI aoit That
there shall be printed oH tne.,a o,is9 f1e
ballots to be used at saie election slis
j. words: IN the