The Natchitoches enterprise., 1918-10-31

That the proceeds Of the sale of all
bonds, notes or certificates of indebt-
edness issued hereunder shall be used
first to pay for the construction and
completion Of the Chef Mcnteur Road
and bridges in the Parishes of Orleans
and St. TammIny, State Of Louisiana,
and second, on and after reserving and
setting aside the amount necessary to
pay for the completion of the Chef
Menteur Road and for building all
necessary bridges therefor, to pay for
the construction of the said public
highway from Hammond to New Or
leans, and the building Of all necessary
bridges therefor.
Section Z. Be 1t further enacted, etc.
That the Auditor of the State of Louis1-
ana shall keep a record of all bonds.
notes or certificates Of indebtedness.
sold or outstanding. and shall keep an
accurate account of all such specially
dedicated funds.
Section 8. Be 1t further enacted. etc.
That the Board Of Liquidation of the
State Debt Of the State of Louisiana
shall let the privilege to become depos-
TORY of the special funds provided for
under this Act and said Board shall
have the discretion to let such funds
under. such terms and conditions as will
provide an advantageous negotiation Of
the bonds, notes or certificates of in.
debtedncss sold and provide always
ready funds Cor the payment of the
principal and interest on such bonds,
notes or certificates of Indebtedness.
All funds collected under the provisions
Of this Act. which have been set apart
and dedicated to the said State High
way Fund No. 2. Chef Menteur end
HammOndNew Orleans State High
ways" or which may hereafter be set
apart or dedicated for the construction
and maintenance of the above men
toned highways, and all funds arising
from the sale of said bonds, notes or
certificates OF Indebtedness, shall be de-
posted with the Treasurer OF the State
In a special fund as set forth, to be paid
out as herein provided. and the Treas
urer of tho State Is hereby authorized
to pay out of said fund. all interest
coupons due upon the said bonds. notes
or certificates of indebtedness Issued
under the terms of this Act, and all
bonds, notes or certificates of indebt-
edness becoming due hereunder.
Section Q. BE 1t further enacted, etc,
That the motor vehicle licenses from
the Parishes of Jefferson, st. Charles,
st. John the Baptist, Tangipahoa, ST.
Tammany and Orleans. collected after
the bonds. notes or certificates of In
debtednesz provided for in tlis Act are
fully paid, principal and interest, and
after the hiChways shall have been
completed with the funds dedicated for
that purpose shall then revert to said
parishes, and shall be paid into their
| respective treasures in the same man
ner as now provided for under Act No
$50 of the General Assembly of the
State of Louisiana for the year 1914
an6 in the same manner as the said
motor vehicle licenses are turned over
to tho other parishes Of this State, and
thereafter said parishes shall provide
! out of said fund so reverting to then
the proper maintenance of said high
WAYS; provided further, that any por-
ton of the Special Road Tax of one.
| fourth of one mill on the dollar collect
! ed under Article 291 of the Constitu-
| ton OF 1913 from the Parish of Orleans
! not set apart or dedicated to the state
! Highway Fund No. 2, chef Menteur and
| Hammond-New Orleans State High.
/ ways" at the expiration of any fiscal
| year shall revert to the state High
| way Fund" as provided for in Act No
| 40 Of the General Assembly of the State
/ of Louisiana for the year 1910. and be
| applied in such manner as shall be now
| or hereafter provided by law.
Section 10 Be it further enacted
| etc That all laws inconsistent with OIL
| in conflict with the provisions of this
Act or hereby repealed.
Section Il. Be it further enacted
! etc. That ut the next Congressional
| election to be held in this State on tbs
| first TUESDAY after the first Monday OF
the month of November 1918. there shall
be submitted to the electors Of the
State the following amendment TO the
| Constitution. to-wit:
The General Assembly shall provide
for the LAYING out, construction 6nC
maintenance Of the Chef Menteur enc
Hamrnond-N New Orleans State High
ways and shall provide. by bond issue
OIL! otherwise the financing of the con-
struction end completion of said high
WAYS. And al provisions of the Con-
stitutfon In conflict herewith are to this
extent repealed, and Act No. : of the
Extra Session Of the General Assem-
bly, of the State of Louisiana for the
wear 1918. entitled "Aa Act to provide
for the laying out, construction and
n,aintenaaoo Of the Chef Menteur and
Hammond-New Orleans State High
wavs. etc. is ratified and approved.
Section IL Be it further enacted
etc That on the official ballots to be
used in said election shall be placed the
words. "For the amendment providing
for the laying out. construction and
maintenance Of TIE Chef Menteur and
Hammond-New Orleann State High
wnvs' and the words against the
amendment providing for the laying
out. construction and maintenance of
fine Chef Menteur and Tainmond-New
Orleans State Highways" and each
elector shall indicate his vote on the
propose darnendnnen, as provided by
the General \ zscnh!v OF this State.
HEWITT BOUANCHAUD.
Sneaker of the House of Representa-
tives.
FERNAND MOUTON.
Lieutenant Governor and President or
the Senate.
Approved: August Is. 1919.
r. G.. PLEASANT.
Governor of the State of Louisiana.
A true copy:
~ Z