The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1918-09-28

Ihat the proceeds OF the sale OF all
ponos. notes or certificates of indebt-
euiiess issued hereunder shall be used
! Iirst 10 pay for the construction and
completion of the Chef Menteur Road
ana bridges in the Parishes Of Orleans
anu 81. Tammany. State of Louisiana
anu second, on and after reserving and
setting aside the amount necessary to
pay Tor the completion. of the Chef
Menteur Road and for building ali
necessary bridges therefor to pay for
M ue construction of tho said public
nighway from Hammond to New Or
leans. and the building of all necessary
bridges therefor.
Section 7. Be 1t further enacted. etc.
mat tne Auditor of the State of Louisi-
ana shall keep a record of All bonds
notes or certificates of indebtedness.
+ soId or outstandings and shall keep an
accurate account Of all such specially
( dedicated funds
section 8. Be IL further enacted. etc
That the Board of Liouidafion Of fbs
STATE Debt of the State of Louisiana
shail lei the privilege to become depos-
itory or the special funds provided for
unaer this Act and said Board shall
pase 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
aeo.edness sold and provide always
reaoy funds for the payment of the
principal and interest on such bonds
notes or certificates OF indebtedness
All funds collected under the proyfsions
or THIS Act, which have been set apart
ana ana neaicated to the said State High
way Fund No. 2, Chef Menteur and
Hammond-New Orleans State High
ways, or which may hereafter be set
apart or dedicated for the construction
ana maintenance of the above men,
tioned 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 the State is hereby authorized
to pay out of said fund. ali interest
coupons due upon the said bonds, notes
or certificates of indebtedness issued
SSnosr me terms OF this Lct, and all
edness becoming due hereunder
Section 9. Be II 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
debtedness 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
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.
and in the same manner as the said
motor vehicle licenses are turned over
to tn" other parishes of this State, and
thereafter said parishes shall provide
out of said fund so revertfng to them
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. -cnef sIenteur and
Hammond-New Orle ms State High
year shall revert to the state High
way Fund" as provided for in Act No.
80 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 1t further enacted,
ETC., That all laws inconsistent with or
In conflict with the provisions of this
Act or hereby repealed.
Section H. Be ii further enacted,
etc. That at the next Conversational
election to be held in this state on the
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
to-wft.
The General Assembly shall provide
For the laying out. construction and
M Of the Chef Menteur and
ways and shall provide, by bond issue
DR. otherwise. the financing of the con-
and completion Of said high
vays. And all provisions OF the Con-
'titution 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 1918. entitled IAN Act to provide
'or the laying out construction and
of the Chef Menteur and
dammond-New Orleans State High
vavs. etc. is ratified and approved.
Section IL. Be 1t 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
Orleans State High
ways" and the words Against the
providing Cor the laying
ut, construction and maintenance OF
he Chef Menteur and Hammond-New
orleans State Highways" and each
lector shall indicate his vote on the
ropose damendmen, as provided by
he General Assembly OF this State
HEWITT BOUANCHAUD,
peaker of the House Of Representa-
FERNAND MoUToN.
lieutenant Governor and President Of
the Senate.
Approved: August 10. 1913.
r. G. PLEASANT.
Governor OF the State of Louisiana.
A true copy:
FT.QUER