The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1918-09-12

-Ne!ount, out OF the nfSt funds collected
and received for the said State Highway
fund No. :, chef Mcnteur and Hammond
New Orleans State Highways, sum suf-
hcicnt to pay, the principal and interest
uebtedness issued hereunder, that may nave
been sold and delivered for the period of
one year ensuing. and to maintain in said
Fund, No. =. Chef Menteur ana Hammond
New Orleans State Highway Bonds, Inter
est and Redemption Account ut all times
from said sourtc, sum equal to one years
principal and interest upon the said bonds.
notes or certificates of Indebtedness and
also sufiitic to pay all bonds, notes or
gertintatrs Of Indebtedness issued hereun-
ger whlch shall become due and payable
during the year next ensuing After any
bonds, notes or certificates Of indebtedness
authorized hereby shall have been issued
way Fund No. ,. Chef Menteur and Ham
mond-New Orleans State Highways" shall
DC applied to any Of the purposes authoriz-
"a herein until the said State Highway
Eund no. ,. chef Menteur and Hammond
New Orleans State Highway bonds, Inter
est and Redemption Account shall have
been created. and the State Treasurer shall
have transferred into ii the funds hereby
directed to be transferred.
Sec. o. BE 1t further enacted, etc. That
the proceeds of the sale of all bonds, notes
or certificates Of Indebtedness issued here
undef snail be used first to pay for the con-
struttion and completion of the Chef Men
tenr Read, and bridges. in the parishes Of
n ,.n. and st. Tammany, State of Louis
and setting aside the amount necessary to
pay for the completion of the Chef Men
teur Road and for building all necessary
t;nn TN. 5nereior to pay for the construc-
mond to New Orleans. and the building Of
all necessary bridges therefor.
See. {. Be 1t further enacted, etc. THAT
keep IL record Of all bonds. notes or CERT.
neates OF indebtedness sold or outstanding,
anu snail Keep an accurate account of all
such specially definite funds
Sec. =. Be it further enacted. etc. That
the board of Liquidation of the State Debt
81 the state of Louisiana shall let the priv
iiege to become depository of the special
I p PROVIDED Tor under this act and said
board snail have the discretion to let such
Iunds under such terms and conditions as
VIII provide an advantageous negotiation of
une Donds, notes or certificates of indebted
ness sold, and provide always ready funds
Ior the payment Of the principal and in
trrrst on such bonds, notes or cprtificutes
OF Indebtedness. All funds collected under
set apart and dedicated to the said !. stats
Highway Fund No. 2. Chef Mentc,rr and
tlammond-Ncw Orleans State IIighwnys"
~ WHICH may hereafter be set apart or
uedlcated Tor the construction and mafnte-
nance OF the above mentioned highways
ana all funds arising from the sale Of said
Donns, notes or certificates of indebtedness.
shall be deposited with the Treasurer Of;
tnc state In special fund as set forth. to
ne paid out as herein provided and the
treasurer OF the State is hereby authorized
70 pay out OF said fund all interest coupon;
cue upon said bonds, notes or certificates III
naebtedness issued under the terms of thi;.
ac5. and all bonds notes or certificates g.
lndeDtedness becoming due hereunder
Sec. .. Be it further enacted, etc. Tbas
me motor vehicle licenses from the parishes
Of Jefferson, st. Charles, st. John the Ran
1 ISL Iangipahoa. st. Tammany and Or
leans collected after the bonds, notes o
certificates of indebtedness provided for :,
this act are fully paid, principal and III
tercst. and after the highways shall hnv,
been completed with the funds dedicated To-
that purpose, shall then revert to said par
ishcs, and shall be paid into their respcS..
i've tre:lsuries In the same manner as nov,
pro- FOR under Act No. oG0 Of the Gen
thc year 1914, and In the same manner 4
the said motor vehicle licenses are turned
oyer owe. to the other parishes of this State, ana.
~ aia saad parishes shall provide oui
OF s'ld FUNDS so reverting to them th,.
proper maintenance Of said highways; pre-.
vld"d further, that any portion Of til.
special 81, road tax Of one-fourth Of one mil
on the dollar objected under Article POI o
the Constitution of 1913 from the Parish
dreams. nor set apart or dedicated to tn,
STARE lIighway Fund No. ,. Chef Mentcu.
ways, ut the expiration of any fiscal yen,
shall revert to the State Highway Fund.
as provided sL, for in Act No. 10 Of the Gen
for the year 1910. and be applied in smri,
manner as shall be now or hereafter pro
vidcd by law.
Sec. TO-. Be it further enacted. etc, That
all laws inconsistent with or in conflict
repealed. ~
Sec. II. BE il further enacted. etc. That
NJ INC next congressional cleo ton to be held
IN this state. on the first Tuesday after the
hrst Monday of the month of November
IDS, there shall ln submitted to the elect.
ors OF the State the following amendment
constitution
Inc General Assembly shall provide for
the laying out. construction and mainte-
nance N OF the ahcf Menteur and Hammond
New Orleans State Highways and shall pro-
vide, by bond issue or otherwise, the linnc-
ing OF the construction and completion OF
said highways. And all provisions of the
extent repealed. and Act No. or the Extra
Session of the General Assembly of the
state Of Louisiana for the year 1918 en-.
| titled An act to provide for the laying out.
construction and maintenance of the Chef
| Mentt ur and Hammond-N New Orleans State
proved.
| See II. BE it further enacted ctc.. Thar
| on the official ballots to be used In said
| election. shall be placed the words, For
the amendment providing for the laying
Chef Mentcur and Ilammond-N New Orleans
1 state Highways, and the words Against
the amendment providing for the laying
| OUT. construction and maintenance of thu.
chef Mcntcur and Hammond New Orleans
state Highways. and eaen eirctor shall In
| dicatc his vote on the proposed amendment
as provided by the General Assembly Of
i this State.
| HEWITT ROrANcHArD
| Speaker of the House of Representatives.
FERNAND MOUTox,
| Lieutenant Governor and President of the
| Senate.
| Approved: August L., 1918.
X. q. PLEASANT
| Governor Of the State Of Louisiana
\ true copy: