The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1918-11-02

demption Account" shall have been ere
ated. and the State Treasurer shall have
| transferred into it; the funds hereby d-
rected to be transferred
Section g. Be it further enacted, etc.
That the proceeds of the sale of all bonds,
notes or 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 Z 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-
curate account of all such specially dedi-
Gated funds.
Section s. Be it further enacted, etc,
| That the Boara of Liquidation of the
| State Debt of the State of Louisiana
| shall let the privilege to become 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
| edness sold. and provide always ready
/ funds for the payment of the principal
ana interest on such bonds notes or GER
| tificateS of Indebtedness. All funds col
lected under the provisions of this Act,
which have been set apart and dedicat-
| ed to the, said state Highway Fund
| No. 2. Chef Menteur and Hammond New
| Orleans State Highways, cor 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 or certificates of Indebtedness,
shall be deposited with the Treasurer of
the State in a special fund as set forth
| to be paid out as herein provided, and
| the Treasurer of the State is hereby
| authorized ito 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 9. 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 III 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
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 revertng 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
291 of the Constitution of 1913 from tn
Parish of Orleans, not set apart or dedi-
Gated to the state Highway Fund, No
2, Chef Menteur and Hammond New Or
leans State Highways" at the expira-
ton of any fiscal year shall revert to
the Estate Highway Fund" as provided
for in Act No. 40 of the General Assem-
bly, of the State of Louisiana for the
year 1870 and be applied in such man
ner as shall be now or hereafter pro-
vided by law.
Section 10. Be it further enacted etc,
That all laws inconsistent with or in
H. ,sctz ~. Aaf
are hereby repealed.
Section IL. Be it 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, 1918, there shall
be submitted to the electors of the State
the following amendment to the Consti-
tuition. to-wt
The General Assembly shall provide
for the laying out. construction and
maintenance of the Chef Menteur and
Hammond New 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-
ftict 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 191S entitled IAN
Act to provide for the laying out, con-
struction and maintenance of the Chef
Menteur and Hammond New Orleans
State Highways, ETC.. etc, Is ratified
and approved.
Section ~. Be it further enacted, etc,
That on the official ballots to be used
in said election, shall be placed the
words, For the Amendment providing
for the laying out. construction and main
tenance of the Chef Menteur and Ham
mond-New Orleans State Highways"
and the words Against the Amendment
providing for the laying out, construc-
ton and maintenance of the Chef Men
teur and Hammond New Orleans State