The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1918-10-12


demption Account shall haze been Gre
ated and the State Treasurer shall have
transferred into it, the funds hereby di-
rected to be transferred.
| Section 6. Be it further enacted. etc.
| That the proceeds of the sale OF all bonds,
notes certificates of indebtedness is
sued hereunder shall be used first to pay
| for the construction and completion of
| the Chef Menteur Road and bridges in
the Parishes of Orleans and st. Tam
| many. State of Louisiana, and second.
OIL 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 Orleans and the building of all
necessary bridges therefor.
| Section T. Be it further enacted, etc.
| That the Auditor of the State of Louisi-
| ana shall keep a record of all bonds,
notes or certificates of Indebtedness sold
or outstanding. and shall keep an ac-
cukate account of all such specially dedi-
Gated funds. a
Section g. Be it further enacted. etc.
That the Board of Liquidation of the
State Debt of the State of Louisiana
shall let the privilege to become deposit
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 pro-
vide an advantageous negotiation of the
bonds. notes or certificates of indebted
eGness sold, and provide always ready
funds for the payment of the principal
fY,fa
tifcates of indebtedness. All funds col
lected under the provisions of this Act.
which have been set apart and dedicat-
ell to the said state Highway Fund
No. >, Chef Menteur and Hammond New
Orleans State Highways" or which may
hereafter be set apart or dedicated for
the construction and maintenance of the
above mentioned highways. and all funds
arising from the sale of said bonds
notes certificates of Indebtedness
shall be deposited with the Treasurer of
she State in special fund as set forth
to be paid out as herein provided. and
the Treasurer of the State is hereby
authorized to pay out of said fund.- all
interest coupons due upon the said bonds
notes certificates of Indebtedness is
sued under the terms of this Act, and
all bonds, notes certificates of indebt-
ednesS becoming due hereunder.
Section o. Be it further enacted, etc.
That the motor vehicle licenses from the
Parishes of Jefferson, ST. Charles, st.
John the Baptist, Tangipahoa, st. Tam
many and Orleans collected after the
bonds. notes certificates of indebted
ness provided for in this Act are fully
paid. principal and interest, and after
the highways shall have been complet-
ed with the funds dedicated for that
purpose. shall then revert to said par
ishes. and shall be paid into their re-
srective treasures in the same manner
an now provided for under Act No. 260
OF the General Assembly of the State of
Louisiana for. the year 1914 and in the
same manner az the said motor vehicle
LICENCES are turned over to the other
Parishes of this State. and thereafter
said Parishes shall provide out of said
funds reverting to them the proper
maintenance of said highways; provid-
ed further. that any portion of the Spec
ial Road Tax of one-fourth of one mill
on the dollar collected under Article
2e1 of the Constitution of 1913 from tn
Parish of Orleans not set apart or dedi-
Gated TO the state Highway Fund. No
., Chef Menteur and Hammond New Or
leans State Highways" at the expira-
ton of any fiscal year shall revert to
the state Highway Fund" as provided
foi in Act No, 40 of the General Assem-
bly, of the State OF Louisiana for the
year 1910. and he applied in such man
ner as shall be now or hereafter pro-
vided by law.
Section 10. BE II further enacted, etc,
That all laws inconsistent with or In
conflict with the provisions of this Act
are hereby repealed.
Section II. BE IL further enacted, etc,
That at the next Congressional election
20 be held In this State on the first
Tuesday after the first Monday tpf the
month of November. 1918. there shall
be submitted to the electors of the state
the following amendment to the Consti-
tuition. to-wit;
The General Assembly shall provide
for the laying out. construction and
OF the Chef Menteur and
Orleans State Highways
and shall provide. by bond issue or other
wise. the financing of the construction
and completion OF said highways. And
all provisions of the Constitution In con
ict herewith are to this extent repealed.
and Act No of the Extra Session OF
The General Assembly of the state OF
Louisiana for the year 1918, entitled IAN
Act to provide for the laying out, con
'tructlon and maintenance Of the Chef
Menteur and Hammond New Orleans
state Highways. etc. etc. Is ratified
md approved.
Section IL, BE II further enacted. etc,
That on the official ballots To be used
n said election. shall be placed the
words, For the Amendment providing
or the laying out. construction and main
enance OF the Chef Menteur and Ham
nond-New Orleans State Highwaya."
md the words Against the Amendment
providing for the laying out. eonatruc-
Ion and maintenance of the Chef Men.