The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1918-09-05


Account. out of the first funds collected
and received for the said State Highway
Fund No. =, Chef Menteur and Hammond
New Orleans State Highways. Il sum suf-
iicient to pay. tie principal and interest
upon any bonds, notes or certificates of in
debtcdness issued hereunder, that may nave
been sold and delivered for the period of
one year ensuing. and to maintain in said
Fund No. 2. Chef Menteur and Hammond
New Orleans State Highway Bonds. Inter-
ct and Redemption Account, Mt all times
from said source, sum equal to one years
principal and interest upon the said bonds,
notes or certificates of Indebtedness, and
also sufficient to pay all bonds. notes or
der which shall become due and payable
during the year next ensuing. After any
bonds, notes or certificates Of Indebtedness
authorized hereby shall have been issued
and delivered, no part of said " State High
way Fund No. >. Chef Menteur and Ham,
mond-New Orleans State Highways" shall
be applied to any of the purposes authoriz-
Fund 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 it the funds hereby
directed to be transferred.
Sec. g. BE 1t further enacted, etc, That
the proceeds OF the sale of all bonds. notes
on certificates of Indebtedness issued here
under shall be used first to pay for the con-
struction and completion of the Chef Men
tcur Road, and bridges in the parishes Of
Orleans and st. Tammany, State of Louis
lana. and second, on and after reserving
and setting aside the amount necessary to
pay for the completion of the Chef Men
tear Road and for building all necessary
bridges therefor. to pay. for the construc-
ton OF the said public highway from Ham
| mond to New Orleans. and the building Of
all necessary bridges therefor.
Sec. Z. Be it further enacted etc. That
the Auditor Of the State of Louisiana shall
keep record of all bonds, notes or ccrti-
| heatcs OF Indebtedness sold or outstanding
ana shall keep an accurate account of all
| such specially definite funds.
Sec. 8. BE it further enacted, etc, That
| the Board Of Liquidation of the State Debt
Of the State Of Louisiana shall let the priv
| ilege to become depository Of the special
| fudds provided for under this act and said
| Board shall have the discretion to lot such
funds under such terms and conditions as
VIII provide an advantageous negotiation of
the bonds, notes or certificates OF indebted
| ness sold. and provide always ready funds
for the payment of the principal and in
tcrcst on such bonds, notes or certificates
| the provisions of this act. which have been
| set apart and dedicated to the said State
Highway Fund No. =. Chef Mcnteur and
| Hammond-Ncw Orleans State Highways.
or which may hereafter be set apart or
| dedicated for the construction and maintc.
nance of the above mentioned highways
ana all funds arising from the sale of said
bonds, notes or certificates of Indebtedness
shall he deposited with the Treasurer OF
the State in special fund as, set forth. to
DC paid out as herein provided, and the
| to pay out of said fund all interest coupons
due upon said bonds, notes or certificates ot
Indebtedness issued under the terms Of this
act. and all bonds, notes or certificates OF
1 Indebtedness becoming due hereunder.
Sec. D. BE 1t further enacted. etc. Thai
the motor vehicle licenses from the parishes
q ist IelIcrsoa, y; Charles st. John the Zap
leans. collected after the bonds notes OF
certificates Of Indebtedness provided for IL
this act are fully paid, principal and in
forest. and after the highways shall hav,
that purpose, shall then revert to said par
ishes. and shall be paid into their respec
tive treasures In the same manner rs nov
provided for under Act No. go of the Gen
cral Assembly of the State Of Louisiana 70
} the year 1914, and in the same manner a
!. the said motor vehicle licenses are turnc,
over to the other parishes of this State, an,
: thereafter said parishes shall provide gu
OF said funds SO rcvcrting to them tn
proper maintenance of said highways; Pre-
s s1aT 1 rnh that any portion Of II
on the dollar collected under Article 291 d
J the Constitution of 1913 from the Parish q
: Orleans. not set apart or dedicated to tn
state Highway Fund No. = Chef Mcnteu
and Hammond-New Orleans State Higl
, ways ut the expiration of any fiscal yea
sna nr rrxsra t. to- the state Highway Fund,
: eral assembly Of the State Of L0uisian
] fer the year 1910. and be applied in sue
{ mnnncr as shall be now or hereafter PR
t vidcd by law.
!. Sec. 10. Be it further enacted. etc, This
9 all laws inconsistent with or in tonfli,
( with the provisions of this act are hcrcl
y Sec. H. BE it further enacted. etc. TIL.
d ut the next congressional election to be hcl
i In this state, on the first Tuesday after IL
II first Monday Of the month Of Novembe
= 1918. there shall be submitted to the elcc
q ors of the State the following amcndmel
to the Constitution, to-wit:
e The General Assembly shall provide Il
$. nance Of the Chef Menteur and Harmon
T. New Orleans State Highways and shall pr
le vide. by bond issue or otherwise, the 6nan
e. ing of the construction and completion
If Constitution In conflict herewith are to til
3 extent repealed and Act No. OF the Ext
(, Session Of the General Assembly of t
e State Of Louisiana for the year 1918. 9
ri TITLED An act to provide for the laying on
lr construction and maintenance Of the Oh
d. f-Alenteur and Hammond New Orleans Sta
Id Highways, etc, ETC.. ~ ratified and Il
,atI proved.
O. Sec II. Be it further ena cted. etc, Th
n on the official ballots to be used in 81
IS election. shall be placed the words, i
e the amendment providing for the layf
out construction and maintenance of I
mt Chef Menteur and Hammond-New Orlea
IL state Highways, and the words ''Agair
he the amendment providing for tine ;ayi
ur cut. construction and maintenance Of I
IL Chef Mentcur and IIammondNcw OrIea
It, State Highways and each eiector shall
to dictate his VOTE on the proposed amcndmt
ur MS provided by the General Assembly
H. this State.
in HEWITT BorAScIIAup.
or Speaker Of the House of Represcntatiy
ne FERNaND MOUT0y,
MI Lieutenant Governor and President of
tie Senate.
.ts approved: August II. 1918.
ny II. q. PLEASANT.
y, ~ Governor of the State of I-ouisit
lcf \ true copy:
ate H. Ii. FLOWER,
l Acct taut Secru of State