The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1920-10-30
ACT No. 103.
House Bin No. 206-By Mr.. Perez.
LOINT RESOLUTION.

House Biz No 2O6-By Mr.: Perez.
JOINT RESOLUTION.
Proposing an amendment to the Con-
stitution of the State OF Louisiana
Relative to the Board of Commits
siOuerS of the Port of New Orleans.
Section /. BE it resolved by the Gem
eral Assembly of the State of LOUIS
lana, two-thirds of all members elected
to each House concurring, That the fol-
lowing amendment to the Constitution
Of the State of Louisiana be submitted
to the electors of the State at the next
Congressional election to be held on
the first Tuesday after the nrst Mon
day in November. 1920. CO-wit:
The Board of Commissioners OF the
Port Of New Orleans shall, except as
otherwise herein changed and amended,
have and exercise all powers now con-
ferred upon them by ConsGtuuonal
Amendment. Additional power and
jurisdiction may be conferred by Act OF
the Legislature. Said Board shall have
fun power and authority to construct
extend and improve works Tor FoTt
purposes within the limits OF the Port,
including wharves. docks. warehouses,
grain elevators, locks. SIPS, Iatera 5,
basins and other structures ana I'M
prOVtments and may dredge ShlpWayS.
channels, slips, basins and turning
basins in the ssissippi River. said
Board may without further Legislative
notes and bonds under the following
conditions and not otherwise: 1t may
with the approval Of the Governor and
t'ie <Nuuttoi ~ INC 1'r''IS' Aot - +i
p"L PonoH poi ~" ~ ~ t,Ii 80 49,
an amount not exceeding Five Hundred
ihouSdlu boiidls t9'yV''Vv' at - oiI'
tIHie oulStdIuiHS' anu iiioH -. ""'t IN u,
poL iOW Iholicy az an ~ pat4y!' ~ ~
foliage, storage service and other
charges which have been actually
earned PVT nave not YET bteh re
telNeu' " TN me dppto oval " nc ~
efhor OF TINS state 1t may lol pupHs
Pui poses otttI man tHE Pa! ny "
guI[eIt expenses OF me luli"lls " ~
QqeDteoness lhcurIea OK 70 DG lHou 49,, 81
lot current expenses poIloN Htong9
ana issue po4dS 10 me amount 81 ON
M NJ on RYE IIuHul 60 no saliu cpiI" a.
NSo'"VV''uV}; oalu pohla may WIN tLt
dpi'I"E3l oL Tue tIo' any ~ IN. iLn
purposes boFroW oInet anu Iui tIItI
sums ana issue ponds IN the manner
following: When the Board shaIi nave
dSGeL LalHtu ana Ger IiIteu ~ NIlCIuS ~
II9 STATE AudttoF or the ouptt ISoL VI
luDIlc accounts INC an. ah'o q qa 81 ~
ehue ana income OF 1ht Iori ior me
two hscaI years lmmedIately precedinE.
after utuucthB thtEclioih tlt I'ilo uls
o. operating ana main teHdnCe tll',, : "a
~ ~! t1ptHSeh. anu an suns pa -
curing sald year upon ma NE - ~
dliu IN state Auu4tor OF IIe 9uPtl NL7oi
oL uoIic accounts Shail nav NT TI ird
aItu d Ppi Gu salu Ger me- lr' lle u
may borrow money ana issue poHuo. ~
an amount me annual fh Yer upon on
w.lcn - loI IN eAytse 81 t.e a g 80.
i i.t, ~ cH4tS lol tut W. lnS a. ~,
~: - - Pt c'r 40 on " - ~
odiu ctllIHcdte. me I3odip my , auu
20 sqcn net revenues od the bfeet ctl
i9t5t JedlS az 81 liiitu " nc D 80
cnI,,+ me r,,, So ,d ra,ianDs
- untS' Tue net income amu 1a -
LOT such years or any revenue pro
uueiIE "hari' uotk, val en- 10 90
latoI " ntnet structure 70 pe ~ I.eu
ny St1u 2 @ oy putonaae VI i,,'t
H. =" M ,,a,,'as o,d ~
'oiIN ia9u ne net eNVt'uE9 'iiu ~
1tnig o. SuCH rtNtHue pi 3iuoi ~? u u Il1tty
SLiaii !, pe utlet illlheu anu Dei my ps
t,,,li+ar an, IL S' ", 80 - p1hT
i"cn,I,+ " 60 1aard 49, oiso u.itb
-, ~ HtitS. 2'lu l'p"4 - lih ai' y :. 81
lnc d 10y d. 81 tie t'oh ei i'oi pot 1919 Nv
iii59, "iiu laSue pol,ua f i u'ru
~, I l iI 80, az -,
turiU and Taoa ~ nv noyabia uitbin
80 alI4 ps fumdi,,a
3f % .me "a ~ ~ farntrni,ier
, - nuduS l9Sueu u"uei ~ Ioh otiS
pross7i staI, rur nnt noro
ptonlueu' f Silall IN NJ iiiot
G,am NJ s ;i iloini tI
~ SCI Id dol III, pa aD'e 40 am
coillineiicfne h9s Hnobe
on"l. teh ~ I l.oli.
onsI payanae tac IN year LOT pr,t
etpaI aiiG 1nLereSr 70 Oe as neary eanal
as practicaoIe. DIt ai,ddaa E,sa
OF pIlnClpal may pe nXeu at rive lnou.
1,,1ti, $''yoof "a honda &c
',ai tnei eol. III i
sutq . ntIe4huer shdii pe pay dole IN an
, II uiI S ioc nv
clt a. olle oiii ia "a ~ ne
TO- frnn, .axa+ion ard ~ ua,,,a MI
;iotla 20 On, ,'u Ia ~ rofon Fro,,
- '"ti a ~ "Iu liiit;I IN
foE d.nosjt 80 i,t ~ State or re ~
scor 70, i.s rpiiti,nl s7h6i
any ~ c IN hGa,.'0 az ~as
tI ~, tii 95i - e. Sns+i,,
So X ~ ide tI ~ o''o +bar;ad
~, ~ IA c,rotnrs 81
tar5ji ~ r.q 70 $500
tba fnnds 7t ia hi, bands in arV Of snrh
hads ~ trni $500 sboii
= ta'ntS 80, So ~ go,
hnnds fnr pbn cons+r,'ction Of rho 80