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

Il
term not exceeding ninety nine years. pro-
vided they shall contain d clause or tlaises
for reappraisal of the premises and i re-
adjustment of the rental Mt Intervals not
exceeding ten years after the expiration of
the first twenty-year period. IN the event
that the said board and the lessee cannot
agree upon the reimbursement and rcappraise- |
mcnt they each shall appoint an arbitrator
who shall have the powers Of amicable com
Founders to whom the matter shall be re-
fferred for decision. md in ease AZ disa gree-
Inent they shall apuoinf nm nmnire and l
deeision Of any two shall be binding mon |
the parties. Said board may also construct
warehouses; elevators and other buildings I
and improvements upon the said canal but /
the revenues from the navigation canal /
shall be kept separate from the other row
rnurs of the port. Such canal revenues
shall be deemed to include rentals of all l
lands leased upon the canal lock charges, |
and charges for passages through the canal !
If the board shall construct warehouses. |
elevators and other buildings OF improve
ments for public DtlropspS on c;I1nl lands 4
tiyed by appraisers appointed by said board
and the receipts from such warehouses. Gle. /
Va TORS and other buildings or announcements |
shall he charged with tie paymcnt OF such |
S santa, vaue INTO the canu, f,ind The canal
fund shall be applied first in the operating
eynenses of the canal md the maintenance
n min and Interest Of the canal bonds.
and in the reduction in the manner pro-
v vi,n in said ordinance Of the PAYMENTS and
contributions by the City of New Orleans
M the Ronra Of Ieyee Cammissinnsrs Of tha
| Orleans Levce district II warehouses; elc-
| vators and other buildings or improvements
| be constructed or acquired by said board
| uuon canal lands by the use of moneys other
| than tile proceeds of the said canal mort
1 s;,ye. the receipts from such warehouses,
| Elevators and other buildings or improve,
| ments after the payment Of the rental value
/ to the canal fund, shall he deemed general
4 revenues of the mort The interest ON Ill
honds issued hereunder shall he maid semi
1 annually by the Treasurer Of the State 81
1 louisiana ut his Office, and Mt any ether
pl;,le or places within or without the state
| designated in the bonds. Said board shall
s stte gn n credit 81 an eeount OF e
| sueh manner ms may he nroyitIed in tine
i proceedings to issue fhe bonds, an amount
euual to the interest on all bonds that may
have. been delivered Said Treasrer is here
| nv empowered and directed and II is made
his duty. to nav or provide for the payment
4 Of ali interest that may become due upon
i said bonds Said hoard shall in addition in
/ each wear when any Of said bonds become
/ due and payablc. deposit with the Treasurer
of the State of Louisiana. To the credit Of
n an aceonnt or acconnts 10 he known rs re-
4 dcnntion accounts th, amount of ali bonds
maturing or bnconiing naylbir. and ii shall
be the duty of said Treasurer to, pay or pro-
denosits shall he made with the STATE Treas
urer ii. timely season for fhe. PAYMENT Of
such principal and interest and not less
moneys become payable. It shall he the
49,, - s,.f ,rroa IS !, caJl,ct s,,cy, sl.nnS
ny ;t -, .farasaid and IN cass If failure IN
~ ',,,t ~ saii haa,.a ~ make said denosits
;.s pm ,, ~, sD =; .inrt ~ nrovid FOR ths
,l,, ~ ~ IN arnst d,,o " ~ ho.oma ana
pn ,, MI en- tho rednn,nt;nm NJ tho honds the
I'M M III .na n,ra, 10 napnhr .nnou,ered and
as.u .n - i ,nnde Iis dItv IN eoliart
W. ,, ,.a , ana rran,,e. IF the ncrt and r.
.1r ~, s.ar,a .ftnr rrnt,,Iing fn, ne.es
appr! a,a M. aru.nscs and anv nrio,
Sly nth. r,namnt - Mo rr;rrc;n,l
M ;,t,raSt ~ t,,as s,;d ho,,I,s md fnr that
,,u im.s ~ fnr sn.i, tfn,a .,s nav n. nac
s5r,s the sa;1 rrraasurer l. hernhv5 antI,or
I'D !, NV nvar.ise il tha MOWERS ana duties
,,taa ;nNsth, pcar,i ~ tsamn,; sSinners nj
t,,a nnrt ~ No,uV asrIaans TIE nccnnnts 4,
: sns ,oars ona str,nnt ~ s+ate shnii Il.
snh;net - a,,.i;t Ind In vcst iparion Nv III,
i Stte , NJ ~. S,,nerrisnr nf p,hiis 40
a.,n. 'n5 tho and;tnr shalt connfersis,,
1 Ill I.n,,,,s haraa ftar issucd The hoard ma,
a1,,, IT, aroai and nersnnai nrnnerfv snhirc
, az .,,1a Il. nther Ian ana MAY. make q
: ~ ,,,cl,.,s n,onav n,nrfpa,es nr nron
!, ~ -. ~, ;,..,d Nntb;ng harein ,ontsfnr
: st h,, ,Yaindsco tho rimSt IF stha hniSer =
,a.. ~ ~ Ma, ,,ort nr,,rs tstanTinp i
No. ,o.s. Ia i.s,,eJ nr,rier the 4. dinancn an
s n"r..,ra harafnfara masia and evrcufed ia
= n,,,.,,osa. -, sa~reyation If sncb roy
= nma. .s ay., ,nni;cahia III he bonds nnffe
LII 5;,,.,n eo fl.a,,H ,,,nrt,,,re.s ar other eoy
- snart ~ his bonds This amendment sha]
: i not 1renani any sfaf,,tes hfretofOrp enacted
!, went fnsofar as INCONSISTENT herewith.
Il See , ia II further resolved etc. Tha
= a,, thu otf;ct,I ballots ia he used ut sal
II | .ia.t;n, .haW ~. nIaced the words EYt