The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-09-02

| lease for manufacturing. commercial and
business purposes. lands acquired for said
canal. Such lenses may run for a term not |
/ exceeding twenty years at fixed rental |
1 without any provision for renewal, readjust-
| ment or reappraisement. but may run for
| term not exceeding ninety nine years, pro-
vided they shall contain clause or clauses
| for reappraisal of the premises and a re-
4 adjustment OF the rental Mt intervals not
/ exceeding ten years. after the expiration of
| the first twenty-year period. In the event
i that the said board and the lessee cannot
/ ment, they each shall appoint an arbitrator
4 who shall have the powers of amicablc COM
FOUNDERS to whom the matter shall be re-
! ferred for DECISION, and In case of Disagree
ment they shall appoint an umpire and
decision OF any two shall be binding upon
the parties. Said board may also construct construct
and improvements upon the said canal, but
1 the revenues fr&m the navigation canal
cnacs Of the port Such canal revenues
/ shall be deemed to include rentals of all
| lands leased upon the canal, lock charges,
1 If II the board shall construct warehouses.
elevators and other buildings or improve
mcnts for public purposes on canal lands.
4 fixed by appraisers appointed by said board
i and thc receipts from such warehouses, ele-
vators and other buildings or improvements
shall be charged with the payment of such 1
rental value into the canal fund. The cDnal
fund shall be applied first in the operating
expenses of the canal and the maintenance
thereof, and thereafter in payment of the
principal and interest Of the canal bonds
| and in the reduction in the manner pro-
contributions by the City of New Orleans
through the Belt Railroad Commission and
by the Board OF I.evee Commissioners of the
Orleans Levee District. II warehouses, Gle
vators and other buildings or improvements
be constructed or acquired hy said board
upon canal lands sby the use OF moneys other
than the proceeds of the said canal mort
gage, the receipts from such warehouses;,
elevators and other buildings or Improve
mcnts after the payment Of the rental value
to the canal fund, shall be deemed general
Il revenues of the port. The interest on all
bonds issued hereunder shall be paid semi
annually by the Treasurer of the State. of
Louisiana mt his office, and at any other
place or places within or without the state
designated in the bonds Said board shall
place On n deposit sb NTH = the TreasMrsr OF the
counts to be known as interest accounts, In
such manner as may be provided in the.
proceedings to issue the bonds, an amount
equal to the interest on all bonds that may
have been delivered. Said Treasrer is here
by empowered and directed. and it is made
his duty, to pay or provide for the payment
of all interest that may become due upon
said bonds. Said board shall in addition in
/, each year when any OF said bonds become
due and payable, deposit with the Treasurer
of the State of Louisiana. to the credit of
an account or accounts to be known as res
demption accounts the amount Of al ]. bonds
be the duty of said Treasurer to pay or pro-
wide for the payment Of such bonds. Such
DEPOSITS SsiaIl he MAGE WITH Inc STATE lTpdS-
urer in timely season for the payment of
such principal and interest and not less
than thirty days before the date when any
moneys become payable. 1t shall be- the
] (duty Of said Treasurer to collect such depos-
: its as aforesaid. and in case of failure on
the part of said board to make said deposits
in an amount sufficient to provide for the
payment OF interest due or to become due,
and for the redemption of the bonds, the
said Treasurer Is hereby. empowered and
E directed and it is made his duty, to collect
| the charges and revenues of the port and to
apply the same. after providing for neces-
slry operating expenses and any prior,
:. and interest OF the said bonds. and for that
purpose and for such time as may be nee
lied to exercise all the powers. and duties
vested in the Board of Commissioners OF
. the Port of, New Orleans. The accounts of
said board as ii department Of state shall be
subject to audit and Investigation. by the
( State Auditor or Supervisor OF. Public 1Ac-
9 counts. and the auditor shall eountersign
acquire real and personal property subject
i to mortgage or other lien and may make OF
l. execute purchase money mortgages or prop
c erty acquired. Nothing herein contained
shall prejudice the right of the holder OF
: any bonds of the port now outstanding, o.
c that may be issued under the ordinance ant
O mortgage heretofore made and executed fol
t canal purposes to a segregation of such rev
tnues as are applicable to- his bonds under
e snant Of Ills bonds This amendment shat
Z not repeal any statutes heretofore enacted
n except insofar as Inconsistent herewith.
IL Sec. 2 BE 1t further resolved, etc, Thai
y on the oficial ballots to be used at. sale
Il election shall be placed the words Fol
t, the proposed amendment to the Eonstitu
Z of Commissioners of the Port of New Or
j, leans in the financing. and control Of thu
e property under its administration and thu
!. the the Constitution sivine additional powers /,
d the Board of Commissioners of the Port q
l. New Orleans in the financing and control 0
1cf
ID each elector shall indicate his vote for 9
II against the proposed amendment as proyide'
e in the general election laws AZ Of the state
n Speaker OF the House of Representatives
10 HEWITT BoEANcHAUD
N Lieutenant Governor and President of tn
Il Approved: July Z. 1920.
rs JNo. NJ. PARKER,
re Governor of the State of LOuisians
d JAMES +. BAILEY, Secretary OF State.
- ACT No. 40.
is House Bill No. asG. by Mr.. Schel
ID JOINT RESOLUTION
y, u Proposing an amendment to Article 30:I q
~ the Constitution of the State OF Louisian
g as heretobefore amended relative to pei
r.. sions for Confederate veterans.
ic Section 1. Be it resolved by the Gener;
ne Assembly OF the Stae of Louisiana tw'
N e concur That Article ;;o Of the const
GO tuition of the State Of Louisiana rs heret
lie before amended be amended and re-enacte
al so as to read as follows:
he Article :ste,. y pension not to exceed Sd
lie per~menth shall be allowed to each COME,
ed crate soldier or sailor veteran who possess
Nv all of the following qualifications
he /. He shall have served honorabiy fro
IS the date Of his enlistment until the close,
NO the late Civil War. or until he was di
yn charged or paroled in some military orga
to ization. regularly mustered into the Arm
al or Navy OF the Confederate States and shl
or have remained true to the confedera
lot STATES until the Surrender.
ny 2 He shall not own property OF mo
Sc than $1,000 valuation.
ed :s.;IIe shall not be s;laried or otherwi
on provided for by the State of Louisiana.
he'll by any other state Or government. In ca
le- he enlisted in any organization MUSTER
nd into said service as II Louisiana organic
lie tion. in ease ut the date OF his enlistme
lie he resided in the State of Louisiana.
he Shall have resided in this state for ut lea
ley five years prior to his application for Pc
ed sion In ease he resided elsewhere than
be this state. and enlisted in lin organfzatf
ay- not mustered in from Louisiana, or in I
lch Navy of the Confederate States he sh;
re- have resided in this state for mt least ii
cx- years prior to his application for such pc
ian sion. \ like pension Shall be granted to t
in widow who shall not have married Hgai
its, in INDECENT circumstances. of such soldier
ON sailor whose marriage to her was contract
for prior to january. 1898 provided that
,lal her deceased husband served IN an ofyH
Of | iznti0n mustered in from Louisiana,