The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1918-09-14

the purposes authorised herein untu tbs
saId state Highway Fund Nc 2, Chef
Ncatear and Hammond New Orleans
State Highway Bonds, Interest and Re
aempuon Account shah have been ere.
atsd. and tbe state Treasurer shall have
Transferred into it, the funds hereby d.
Tsrted 10 De transferred
Section 6 BE Il further enacted, etc
That ght proceeds Of the sale Of an bonds
notes 6s certificates IT Indebtedness il
sued hereunder shah be used FIRST 10 pay
tor ths construction and completion 81
th, chef Menteur Road and bridges Ia
the Parishes of Orleans aud 80 Tam
manf. state ~ Louisiana. and second
ou and after regervlng and setting aside
the amount necessary 20 pay fof the
completion of the chef Aentsur Road
and far building an necessary bridges
therefor 10 pay for the construction u
tee said public highway from Hammond
a. Nsw Orleans and the building Of All
necessary bridges therefor
Section g BE IL further enacted. eta.
That the Auditor of the state u L0uiai
ana shall keep record Of all bonds,
notes or certificates IT indebtedness sold
CT outstanding and shall keep an sc
guIate account 81 al such specially dedi
ratea funds
Section s Rs H further enacted, etc
That the Board 81 Liquidation ~ the
state Debt Of the state ~ louisiana
shalt Jet the privilege 10 become dePosl
tory Of the special funds provided for
under ibis Act and said Board shah have
the discretion To- lei such funds under
suoh terms and conditions as viii pro
VIDE 8u advantageous negotiation o. the
bonds notes or certificates Of indebted
eauess snid. and provide always ready
funds for the payment of the principal
aHa interest ou such bonds. notes or Ger
tiHaatss nf indebtedness M funds col
lsaied under the provisions ~ this Act
witch have been set apart and dedieal
ed o. .hs said state Highway Fund
Hu g. Chef MeuteuT and Hammond New
Orleans state Highways" or which mas
hereafter De set apart OF dedicated for
the construction and maintenance Of tbs
above mentioned Highways and an funds
arising from the sails a. said bonds
notes CT certificates 81 indebtedness.
shall be deposited with the Treasurer Of
tho state boa q special fund AS set forth
la he paid aut az herein provided. and
%, Treasurer Of the state Is hereby
authorized % pay out Of said fand all
interest coupons due upon the said bonds,
notes or certificates Of indebtedness is
sized under The terms If this Act, and
az bonds, notes or certificates Of iadebt-
eanrss becoming due hereunder.
Section Q BE Il further enacted. etc,
That the motor vehicle licenses from the
Parishes 81 jefferson. ST. Charles 81
Ichn the Baptist T8ngipahoa. 81, Tam
many and Orleans, collected after the
bonds. notes or certificates Of indebted
ness provided foF IN this Act are fully
paid. principal and interest and aftsr
the highways shall have been eomplet
td with the funds dedicated for that
purpose. shall then revert TO said par
ghes. and shall be paid into their re-
y eeuve treasures Ia the same manner
aa noW provided for under act No. go
81 the General Assembly % the State Of
Louisiana for the year 1915, and In tbs
same manner as the said motor vehicle
licenses are turned over TO the other
Parishes of this state. and thereafter
said Parishes shall provide cut 81 said
FUNDS SO rey,riiug e. them the proper
maintenance Of said highways: provia
"a further that any portion Of the Spec
ial Road Tax Of fourth u one min
len the dollar collected under Article
tel If the Constitution " 1913 from "a
Parish Of Orleans. not set apart Or dedi-
Gated 10 The state Highway Fund. No
e. Chef MeniouT and Hammond New Or.
leans state HlghWays." az the eSpira-
tiuH az any fiscal year shall revert 's
the state Highway Fund" as provided
fol in Act No e. 81 the General Assem-
MS ~ the state ~ Louisiana fer the
year 1910 and be applied In such man
usr az shall be now or hereafter pro
ylaed oy law
Section 10 nr IL further enacted, etc
That sH ##a Inconsistent with or in
conflict With tho provisions Of this Act
are hereby repealed.
section A. Bn IL further enacted etc
That al the next Congressional election
&C. bs held ia this state on the frat
Tuesday after the first Monday % the
mauth uf November 1915 there shall
bs submitted 70 the electors Of the state
the following amendment 60 the C9Rsu
tuition. ta-wit
The General Assembly shall provide
for the laying ont, construction and
maintenance of The chef MenteuT and
Hammond New Orleans state Highways
snd shall provide hy bond issue 81 ether
wise. the financing of the construction
end completion Of said highways And
Ian provisions of the Constitution IN con
fact herewith are to this extent repealed.
ana Act No e the Estra Session Of
the General Assembly of the State Of
Louisiana tof the year 1915 entitled An
Act 10 provide fof the laying out con
slrurifou ami maintenance 81 the Chef
as