The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1918-09-14

/ \ IL
Mcnteur and Hammond New Orleans
State Highway Bonds, Interest and Re
8 demption Account" shall have been Gre
e ated, and the State Treasurer shah have
transferred into it, the funds hereby iii
5 rected to be transferred.
Section 6. BE it further enacted, etc
That the proceeds of the sale Of all bonds
notes on certificates OF Indebtedness is
sued hereunder shall be used first TO pay
for the construction ana completion Of
the chef Menteur Road and bridges in
the Parishes of Orleans and ST Tam
many. State of Louisiana, and second.
on and after reserving and setting aside
the amount necessary to nav 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
t" New Orleans. and the building OF all
necessary bridges therefor
Section I. BE it further enacted. etc
That the Auditor of the State of I.ouisi-
ana shall keep a record Of all bonds
notes or certificates Of Indebtedness sold
or outstanding, and shall keep an ac-
curate account of all such specially dedi-
cated funds
| 'NtCtloll y. lIt IL Iuftntr enacted, etc,
| That the Board of Liquidation of the
| State Debt of the State Of Louisiana
shall let the privilege to becoune deposi-
| 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 certificates Of indebted
sol md
funds for the payment of the principal
ana interest on such bonds. notes or Ger
tifcates of Indebtedness All funds col
ltcted under the provisions OF this Act,
which have been set apart and dedicat-
ed to the said state Highway Fund
10 ;, chef Menteur and Hammond New
Orleans state Highways" or which may
hereafter be set apart or dedicated for
the construction ana maintenance OF the
above mentioned highways. and all funds
arising from the sale of said bonds
notes or certificates of Indebtedness,
shall be deposited with the Treasurer of
the state in a special fund as set forth
10 he 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 or certificates of Indebtedness is
sued under the terms of this Act and
all bonds. notes or certificates of indebt-
ednesS becoming due hereunder.
Section >. 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 or certificates of indebted
ness provided for in this Act are fully
pad. 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
lSheS. and shall be paid into their re-
81 ectiVe treasures in the same manner
as 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 as the said motor vehicle
licenses are turned over to the other
Parishes of this State and thereafter
said Parishes shall provide out of said
FUNDS so reverting to them the proper
maintenance of said highways: provid-
-d further that any portion of the Spec
al Road Tax of Onefourth OF one mill
N the dollar collected under Article
~ of the Constitution of 1913 from tn
'arish of Orleans. not set apart or dedi-
'ated to The state Highway Fund, No.
. Chef Menteur and Hammond New Or
cans State Highways" at the expira-
ION of any fiscal year shall revert to
he state Highway Fund" as provided
OF IN Act No. ~ of the General Assem-
ny OF the State of Louisiana for the
ear 1910. and be applied in such man
er as shall be now or hereafter pro-
ided by law
Section 10. BE it further enacted etc,
hat all laws inconsistent with or in
cnfiict with the provisions of this Act
re hereby repealed.
section II. BE it further enacted, etc,
nat at the next Congressional election
. be held in this State on the first
tesdaN after the first Monday of the
}ohth OF November, 1918 there shall
submitted to the electors of the State
1t following amendment to the Consti-
ltion. to-wit:
The General Assembly shall provide
n the laying out, construction and
of the Chef Menteur and
ammond-New Orleans State Highways
nj shall provide, by bond issue or other
Use. the financing of the construction
ld completion of said highways And
provisions of the Constitution in CON
CT herewith are to this extent repealed
ld Act No. - of the Extra Session of
e General Assembly of the State of
'usiana for the year 1918, entitled IAN
T to provide for the laying out. con-
ruction and maintenance of the Chef
enteur and Hammond New Orleans
ate Highways. etc, etc. is ratified
ID approved.
Section y. Be it further enacted, etc.
TAT on the official ballots to be used
sad election, shall be placed the
'rds, For the Amendment providing
the laying out, construction and main
nance of the Chef Menteur and Ham
'nd-New Orleans State Highways"
q the words Against the Amendment
'Viding for the laying out, construc-
II ana maintenance of the Chef Men
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