The Natchitoches enterprise., 1918-08-29

That the proceeds Of the sale Of ell
bonds, notes or certificates of tndcbt-
edness issued 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. Tammany, State of Louisiana,
and second. on 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 Or
leans, and the building of all necessary
bridges therefor.
That the Auditor of the State of Louisl.
ana shall keep a record of all bonds
notes or certificates of indebtedness
sold or outstanding. and shall keep an
accurate account OF all such specially
Section :. Be It further enacted. eso.
That the Board Of Liquidation OF the
State Debt Of the State ~ Louisiana
shall let the privilege to become dspos-
itery OF the special funds provided FOR
undss this Act and said BOARD shall
have the discretion to let such funds
under such terms and conditions as Will
provide an advantageous negotiation Of
the bonds notes or certificates Of in.
debtedness sold, and provide always
ready funds for the payment of the
principal and interest on such bonds,
notes or certificates of Indebtedness.
All funds collected under the provisions
of this Act which have been set apart
and dedicated to the said State High
way Fund No. 2. Chef Mentcur Hnd
HammOnd-NeW Orleans State High
ways" or which may hereafter be set
apart or dedicated for the construction
and maintenance of the above men
toned highways, and all funds arising
from the sale of said bonds. notes or
certificates Of Indebtedness, shall be de-
posted with the Treasurer of the State
in a special fund as set forth. to be paid
out as herein provided, and the Treas
urer 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 issued
under the terms of this Act. and all
bonds notes or certificates OF tndebt-
edness becoming due hereunder.
Section 9. Be 1t further enacted, etc,
That the motor vehicle licenses from
the Parishes of jefferson, st. Charles,
St John the Baptist, TanEipahoa, st.
Tammany and Orleans, collected after
the bonds, notes or certificates of In
debtedness provided for in this Act are
fully paid. principal and interest ana
after the highways shall have been
completed with the funds dedicated for
that purpose, shall then revert to said
parishes. and shall be paid into their
respective treasuries in the same man
ner as now provided for under Act NO
2GO of the General Assembly or the
State of Louisiana for the year 1914
and in the same manner as the said
motor vehicle licenses are turned over
to tho other parishes of this State, ana
thereafter said parishes shall provide
out of said fund so reVert1ng 10 tnen
the proper maintenance of said high
ways; provided further, that any por-
ton of the Special Road Tax or one
fourth Of one mill on the dollar coilect-
ed under Article POI Of the Constitu-
ton Of 1913 from the Parish Of Orleans
| not set apart or dedicated to the state
Highway Fund No. 2, chef Menteur and
| Hammond-New Orlesrs State H1gh,
ways" at the expiration OF any flscal
year shall revert to the state Hlgn-
way Fund" as provided for in ACT NO.
40 Of the General Assembly OF the state
| OF Louisiana for the year 1910; and De
applied in such manner as shall be now
or hereafter provided by law.
Section 10. Be II further enacted,
etc. That all laws inconsistent with or
In conflict with the provisions OF this
Act or hereby repealed.
Section II. Be II 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
| he submitted to the electors OF the
State the following amendment TO the
| Constitution, to-wi.:
The General Assembly shall provide
| for the i9Nlng OUT. toIiSti uSttoil al
maintenance of the Chef Nenteur and
| Hammond-Ne Orleans State High
ways and shall provide, by bond issue
| or otherwise. the financing OF the con
| etruction and completion of said high
vays And all provisions Of the con-
| stitution in conflict herewith are to this
| extent repealed. and Act No. = of the
Fxtra Session of the General Assem-
| blv of the State of Louisiana for the
wear 1918. entitled IAN Act 10 provide
| for the laying out, construction and
| maintenance of the Chef Menteur ana
| Hammond-New Orleans State High
| -vavs. etc. is ratified and approved
Section 12. 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
maintenance of the Chef Menteur ana
| uammond-New Orleans State High
wavs" and the words Against the
| qmendment providing for the laying
| out. construction and maintenance OF
| tha Chef Menteur and Hammond-NeW
| Orleans State Highways, and eacn
| elector shall indicate his vote on the
! propose damendment as provided by
[ the Ceneral Assembly of this State.
HEWITT BOTANCHAUD,
| cnnaIser of the House of Representa-
FERNAND MOUTON,
| Lieutenant Governor and President OF
the Senate.
Approved: August Is, 1918
| R. G. PLEASANT.
Governor of the State Of Louisiana.
| A true copy
r. II. FLOWER,
Assistant Secretary of State