The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1918-10-31


and received for the said state Highway
Fund No. >. Chef Menteur and Hammond
New Orleans State Highways sum suf-
ticicnt to pay the principal and interest
upon any bonds. notes or certificates of in
jebtedncss issued hereunder, that may have
been sold and delivered for the period of
special accounts styled State Highway
Fund No. >. Chef Mcnteur and Hammond
New Orleans State Highway Bonds. inter.
cst and. Redemption Account, at all times
from said source. a 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
certificates Of Indebtedness issued hereun-
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 Mcntcur and liam
mond-New Orleans State Highways" shall
be applied to any Of the purposes authoriz-
Cd herein until the said State Highway
Fund No. =, Chef Mentcur and Hammond
New Orleans state Highway Bonds, Inter
been created. and the State Treasurer shall
have transferred into 1t the funds hereby
directed to be transferred.
Sec. g. BE 1t further enacted, etc, That
the proceeds OF the sale Of all bonds. notes
or certificates of indebtedness issued here
under shall be used first to pay for the con-
struction and completion of the Chef Men
fsnr Road. and bridges, in the parishes of
Orleans and st. Tammany, State Of Louis
| lana, and second, on and after reseryinc
and setting aside the amount necessary to
teur Road and for building all necessary
bridges therefor, to pay for the constr,ic-
ton Of the said public highwiy from Ham
mond to New Orleans, and the building or
all necessary bridges therefor
Sec. .. BE 1t further enacted, etc. That
the Auditor OF the State of Louisiana shall
Keep q record Of all bonds notes or ccrti-
featcs of indebtedness sold or outstanding.
and shall keep an accurate account Of ali
such specially definite funds.
Sec. 8. BE It further enacted, ETC., That
the hoard OF Liquidation Of the State Debt
Of the State of Louisiana shall let the priv
llege to become depository of the special
Iudds provided for under this act and said
Eoard shall have the discretion to let such
FUNDS under such terms and conditions as
l. Will 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,
| tercst on such bonds notes or certiticate,;
| OF Indebtedness. All funds collected unde !.
the provisions OF this act, which have beer,
| Highway Fund No. ,, Chef Mentcur and
Hammond-Ncw Orleans State Highways
| Of which may hereafter be set apart Or
nance of the above mentioned highways
and all funds arising from the sale Of Sui
| bonds, notes or certificates of Indebtedness.
SHAH be deposited with the Treasurer
the State in a special fund as set forth, !,
be paid out as herein provided, and IL
| Treasurer Of the State is hereby AUTHORIZE !
70 pay out Of said fund all interest coupon. !;
que upon said bonds, notes or certificates I :
Indebtedness issued under the terms of this;
act. and all bonds, notes or certificates an
Indebtedness becoming due hereunder.
i Sec. D. BE 1t further enacted ETC. Thr
| the motor. vehicle licenses from the parishr
| ct Jefferson, st. Charles, St. John the Rn,,
fist. Tangipahoa. st. Tammany and q:
a leans; collected after the bonds, notes
this act are fully paid, principal and IL.
| tercst, and after the highways shall ha,5.
been completed with the funds dedicated Tor
ishes. and shall be paid into their respce-
| tive treasures in the same manner as no :
provided pro, for. under Act No. Ego Of the Ger
| the year 1914, and In the same manner /;
the said motor vehicle licenses are turnc
oyer to the other parishes Of this State, mr.
thereafter said parishes shall provide OF
OF said funds 80 revcrting to them tin
proper maintenance Of said highways; pr
yided further, that any portion Of thc
snec ei r1ad tax Of onc-fourth Of one mi
the Constitution Of 1913 from the Parish q,
orleans not set apart or dedicated to TIL
State Highway Fund No. =, Chef Mcntcu.
and lIammOnd-New Orleans State High.
ways, at the expiration Of amy fiscal year
shall revert to the :" State Highway Fund =
ns provided for in Act No. 10 Of the Gen
for the year 1910. and be applied In such
manner as shall be now or hereafter pro
| vl0c0 by law.
Sec. 10. Be It further enacted etc. That
all laws Inconsistent it'll or in conflict
with the provisions Of this act are hereby
Sec. ii. be IT further enacted ctc Tb,,
ut the next congressional election to be held
In this state, on the first Tuesday after tht
arst Monday Of the month OF November
l?lS, there shall be submitted to the elect
to the Constitution. tO-wit.
The General Assembly shall provide fol
the laying out; construction and maintc
nance OF the Chef Menteur and Hammond
New Orleans State Highways and shall pro
vide, by bond issue or otherwise. the 6ni,nc
Ing Of the construction and completion o
Constitution in conflict herewith are to thi
extent repealed and Act No. or the F.xtr,
Session Of the General Assembly of tn,
. state Of Louisiana for the year 1918, en-
. titled AN net to provide for the laying out
: construction and maintenance of the Che
Menteur and HammOnd-New Orleans Stat
! Highways, ETC.. ETC.. Is ratified and ar
Sec. ~. Be it further enacted, etc. INA
! on the official ballots to bc used in sal
> election. shall be placed the words, = Fe
ont, construction and maintenance of tn
Chef Mcntcur and IIammond-New Orlcan
state Highways, and the words 'Agains
{ the amendment providing for the iayin
r out. construction and maintenance of tn
: Chef Mcnteur and Hammond-New Orican
!, state Highways. and each ciector shall IN
uIcate HIS vote On the proposed amcndmtn
r az provided by the General Assembly G
+ this State.
i HEWITT ROrANCHAUD.
r Speaker of the House Of Representative
q FERNAND MOTION.
Il Lieutenant Governor and President OF tn
e Senate.
8 Approved: August Il, 1918.
IL. q. PLEASANT,
Governor Of the State Of Lousian
4 4 true copy:
% r. n EIuVER