The Natchitoches enterprise., 1920-09-16
Congregational election to be held on
the nrst Tuesday after the first Mon
day in EOYemhcr. 1870 o-w;f.

| S"BIe"oioHui olectlOn 10 DC neiu O'
the nrst Tuesday after the first Mon
| day in November. 1920. to-w:t:
The Board Of Commissioners Of the
otherwise herein changed and amended
have and exercise all powers now con-
I terred upon them by Constitutional
| Amendment Additional power and
| the Legislature. Said Board shall have
full power and authority to construct.
extend and improve works for Port
purposes within the limits of the Port.
grain elevators. locks, slips. laterals.
basins and other structures and i'm
provements and may dredEe shipways.
channels. slips. basins and turning
basins in the Mississippi River. Said
Board may without further legislative
enactment borrow money and issue
notes and bonds under the following
conditions ard not otherwise: 1t may
with the approval of the Governor and
the Auditor of the State. for it's public
purposes. borrow on notes for tenn
porary loans. payable within one year,
an amount not exceeding Five Hundred
Thousand Dollars ($500. .000) at any one
time outstanding, and may in addition
oorrow money in anticipation of the
soilestion toIlese ..or. Of charges for wharfage:
charges which have been actually
earned but have not yet been re-
ceived. With the approval of the Gov
IL
purposes other than the payment Of
current expenses of tho funding of in
debtedness incurred or to be incurred
for current expenses. borrow money
MILLION Five Hundred Thousand Dollars
NS.50O.0OO. Said board may, with the
approval of the Governor. and for like
purposes. borrow other and further
following: When the Board shall have
ascertained and certified in writing to
the State Auditor or the Supervisor Of
Public Accounts the amounts of rev.
two fiscal years Immediately preceding
after deducting therefrom the amount |
or operating and maintenance charged |
and expenses. and all sums payable |!
during said year upon maturing prin- |
cipal and interest of It's bonded debt |
aud the State Auditor or the Supervisor |
Of Public Accounts shall have verified |
and approved said certificate. the Board |
an amount the annual interest upon |
which Is not In excess of the average
net revenues for the two fiscal years
Immediately preceding as shown by
said certificate. The Board may add
to such net revenues of the preceding
fiscal years az certified to the state
Auditor or tn" Supervisor of Public
Accounts. tho net income and revenues
Tor such years of any revenue pro-
ducing wharf. dock. warehouse. ele-
vator or other structure to be acquired
si@ ao% * Ike or of c6
bond issue. The net revenues and in
ONE Of such revenue producing utility
shall be determined and certified by
the Board and approved by the State
Auditor or the Supervisor of Public
accounts. Said Board may also with
he approval of the Governor borrow
money and issue bonds to refund
bonded indebtedness hefetotare ,ncu,-
ed or hereafter to be incurred and ma
uring and becoming payable within
me year OF the date of such refunding.
MI bonds issued under the foregoing
PROVISIONS, except as otherwise ex-
'ressly provided, shall run not moro {
han fifty years from date. shall be
commencing not more ,
han ten (l0) years from date, the I
mount PAYABLE each year for prin-
iDal and interest to be as nearly equal
8 practicable, but annual installments
( principal may be hxed at Five Thou
and Dollars (3t,000l or the AaAEA1iis