The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1918-09-26

Account" out Of the first funds collected
and received for the said State Highway
Fund No. =, Chef Mentcur and Hammond
New Orleans State Highways" Il sum suf-
iicient to pay. the principal and interest
upon amy bonds notes or certificates of in
debtcdness issued hereunder, that may have
been sold and delivered for the period of
one year ensuing. and to maintain in said
special accounts styled State Highway
FUND No. ,, Chef Menteur and Hammond
New Orleans State Highway Bonds. Inter-
est and Redemption Account at all times
from said source, Il 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
gertihSates OF Indebtedness issued hercun-
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
ana delivered, no part of said :. State High
way Fund No. ,. Chef Menteur and liam
mond-New Orleans State Highways" shall
De applied to any Of the purposes authoriz-
Fund No. ,. Chef Menteur and HammOni-
New Orleans State Highway Bonds, Inter
Sc and redemption account" shall have
been created. and the State Treasurer shall
have transferred into it the funds hereby
directed to be transferred.
Sec. .. BE It further enacted. etc, That
tne proceeds OF the sale of all bonds. notes
under shall be used first to pay for the con-
struction and completion Of the Chef Men
tour Road, and bridges. in the parishes OF
n;reans and st. Tammany, State of Louis
ANA, ana second, on and after rcserviny
ana setting aside the amount necessary to
pay Tor the completion Of the Chef Mem
tcnr Road and for building all necessary
tion OF the said public highway from Ham
mond to New Orleans. and the building of
all necessary bridges therefor.
Sec. I! Be it further enacted, etc, That
the Auditor of the State Of Louisiana shall
Keep record of all bonds. notes or certi-
ntates OF Indebtedness sold or outstanding
ana ana shall shall, keep IN accurate account Of all
sucn specially definite funds.
Sec. 8. Be it further enacted. etc. That
tne Board OF Liquidation Of the State Debt
OF the State of Louisiana shall let the priy-
fuSes TO become depository of the special
Iudds provided for under this act and said
Hoard shall have the discretion to let such
FUNDS under such terms and conditions MS
VIII provide an advantageous negotiation of
the bonds, notes certificates OF indebted
ness sold. and provide always rcndy funds;
Tor the payment of the principal and in
| tsrcst on such bonds. notes or certificates
Or Indebtedness. All funds collected under.
| the provisions OF this act, which have brcn
set apart and dedicated to the said STATE
Highway Fund No. ,. Chef Mcnteur anil
namm nsl Orleans State HIGHWAYS
deGicated for the construction and maintt
naaee OF me above mentioned highway.
ana al funds arising, from the sale OF sii
| snail be deposited with the Treasurer {
the state In Il special fund as set forth. 1 ,
re ps PAID out rs herein provided. and tn
treasurer OF the State Is hereby authorize, /,
to pay out of said fund all interest counon
que upon said bonds, notes or certificates /, !.
| indebtedness issued under the terms Of th' ;
he5. anu all bonds, notes or certificates I, /
| Indebtedness becoming due hereunder.
Sec. .. BE 1t further enacted. etc. nh. I
| tne motor vehicle licenses from the parish ;
81 tst 'eI.ersoa, st: charles st. John the Bar.
| . ,as,. T anfIp st. Tammnny and o.
certificates Of Indebtedness provided for I,
| this act are fully paid, principal and l..
h t"rrst. mnd after TT, the highways shall hay
| mat purpose, shall then revert to said puY-
lshes, and shall be paid into their respc.
tw" treasures s IN the same manner as no v
/ rral Assembly of the State of Louisiana Z,
the year 1914. and in the same manner Il :,
INC said motor vehicle licenses are turnc
| thereafter said parishes shall provide q, i
| OF said funds SO reverting to them fi !.
proper maintenance Of said highways: pr.
s s11ca i uh TINT any portion Of IL.
On the dollar collected under Article 29i of
the Constitution of 1913 from the Parish .,
or St. not set apart or dedicated to the
and Hammond-New Orleans State High
ways, ut the expiration of any fiscal ye,
snail nra revert to the state Highway Fund,
eral Assembly Of the State OF Louisinn:
for the year 1910. and be applied In smc;
manner as shall be now or hereafter pro
Sec. 10. BE 1t further enacted, etc. Tha.
al laws inconsistent with or in cOnfiic;
with the provisions Of this act are hereby
Sec. II. BE II further enacted. etc. Tha,
| ut the next congressional election to be held
| IN this state, on the first Tuesday after thf
hrst Monday Of the month OF November
1918. there shall BIZ submitted to the elect
ors OF the state the following amcndmcn,
| to the Constitution. to-wit:
The General Assembly shall provide FOL
| the laying out. construction and mainte
nance Of the Chef Mentcur and Hammond
New Orleans State Highways and shall pro
vide, by bond issue or otherwise, the Innnc
ing OF the construction and completion o.
said highways. And all provisions of tn.
Constitution in conflict herewith are to thi.
extent repealed, and Act No. OF the Extr;
Session Of the General assembly Of tn,
titled AN act to provide for the laying out
construction and maintenance of the Che
Menttur and llammOnd-New Orleans Stat
Highways, ETC., ETC.. IL ratified and mp
proved.
Sec. IL. Be it further enacted. etc, Tina
on the official ballots to bc used in sal,
election, shall be placed the words. : Fo
ont. construction and maintenance Of tn
chef Mcnteur and Iiammond-New Orlcan
state Highways, and the words '.Agains
the amendment providing for tine iayin
out. construction and maintenance Of tn
Chef Mentcur and Hammond New OrIean
State Highways, and eaei ciector shall III
, dicatc his vote on the proposed amendmen
as provided by the General Assembly O
/ this State.
HEWITT BOrAycHAUD.
: Speaker of the House Of Representative.
FERyAND MOTION,
Lieutenant Governor and President of til
= Senate.
, Approved: August L., 1918.
II. q. PLEASANT.
Governor Of the State Of Louisian;
t \ true copy: