The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1918-10-12

That the proceeds Of the sale Of all
bonds. notes or certificates Of indsbt-
eoness Issued hereunder shall be used
first to pay for the construction and
completion of the Chef Menteur Road
ana bridges In the Parishes Of Orleans
and second. ON and after rsserving and
setting aside the amount necessary to
pay for the completion Of the Chef
Aenteur 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 It further enacted. etc..
That the Auditor of the State of Louisi.
ana shall keep record of ali bonds
notes or certificates Of indebtedness.
sold or outstandfng. and shall keep an
accurate account Of all such specially
dedicated funds.
That the Board Of Liquidation OF the
state Debt Of the State of Louisiana
shall let the privilege to become depos-
rory OF the special funds provided for
under this Act and said Board shalt
have the discretion to let such funds
under such terms and conditions AZ will
provide an advantageous negotiation OF
the bonds, notes or certificates Of in.
debtedness sold. and provide always
ready funds for the payment OF the
SAsA~A0SA eo0 iukoToSl ON 8uC0 ponds.
notes or certificates Of indebtedness.
All funds collected under the provisions
OF this Act. which have been set apart
AID dedicated to the said state High
way Fund No. 2. Chef Mentsur ana
ways." or which may hereafter be set
apart or dedicated for the construction
ana maintenance OF the above men,
toned htghways. and all funds arising
from the sale of said bonds. notes OF
NJ fv.A "a. - -
posted with the Treasurer OF the State
In special fund as set forth, to be paid
out ~ herein provided. and the Treas
urer OF the State Is hereby authorised
70 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 g. Be It further enacted. etc..
the Parishes OF Jefferson. st. Charles,
st. John the Baptist. Tangipahoa, st.
Tammany and Orleans. collected after
the bonds. notes or certificates Of In
deDtedness provided for in tlis Act are
fully paid, principal and interest. and
after the Highways shall have been
completed with the funds dedicated for
that purpose, shall then revert to said
parishes. and shall be paid into their
respecs,vs trea ar,ds y, In the same man
Os
go Of the General Assembly Of the
State Of Louisiana for the year 1914,
ana In the Same manner as the said
motor vehicle licenses are turned over
thereafter said parishes shall provide
out OF said fund 90 reverting to them
the proper maintenance of said high
ways; provided further. that any por-
tion of the Special Road Tax OF one
ed under Article Isl Of the constitu-
ton Of 1919 from the Parish Of Orleans,
not set apart or dedicated to the State
Highway Fund No. Z. >shef Menteur and
Hammond-New Orlesus State High
year shall revert to the state High
way Fund" rs provided for In Act No.
~ 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 II further enacted,
etc.. That all laws inconsistent with or
In conflict with the provisions Of this
Act or hereby repealed.
Section IL. Be IL further enacted.
etc. That at the next Congressional
election to be held In this State on the
first Tuesday after the first Monday OF
the month Of November 1913. there shall
be submitted to the electors Of the
tate the following amendment to the
The General Assembly shall provide
For the laying out construction and
OF the Chef Menteur and
Orleans state High
Ways and shall provide. By bond issue
" otherwise. the financing OF the con-
and completion Of said high
ways. And all provisions Of the Con-
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
rear 1913. entitled IAN Act to provide
or the laying out. construction and
maintenance of the Chef Menteur and
vays. ETC.. IL ratified and approved.
Section IL. Be It further enacted.
'tc.. That on the official ballots to be
ised In said election. shall be placed the
words. For the amendment providing
or the laying out, construction and
Of the Chef Menteur and
..gs." '" and the word. .xssinst the
providing for the laying
ut. construction and maintenance OF
he Chef Menteur and Hammond New
|Ylsans state Highway" and each
Hector shall indicate his vote on the
ropose amendment ~ provided By
he General A As'sTs1y s % 5his ss.tf
pcaker Of the House Of Representa-
FERNAND MouroN.
lieutenant Governor and President Of
the Senate. .
Approved: August Is. 1913.
r. G.. PLEASANT.
Governor Of the State Of Louisisua-
A true copy:
r. II. FLOWER,
Assistant Secretary % State.