Callaghan v. Town of Alexandria

Citations

• 52 La. Ann. 1013

Syllabus

<p>Syllabus.</p> <p>Under the provisions of the present Constitution, it is only in pursuance of the authority of a vote of a majority in number and amount of the property taxpayers of a municipality that it may incur debt and issue negotiable bonds therefor; and which indebtedness and issuance of bonds must be specially restricted to the extent of one-tenth of the assessed valuation of the property within said municipal corporation, and shall not exceed five mills on the dollar of the assessed valuation of the property in any one year.</p> <p>It is not admissible for a municipal corporation to issue bonds for any other purpose than that stated in the submission; and it must be restricted and rest upon the special tax authorized by a vote of the property tax-payers as directed in the Constitution.</p> <p>Municipal authorities are not authorized to predicate the issuance of bonds for any other indebtedness than that which is contracted subsequent to the election ; and it can not be rested upon an appropriation of any portion of the general fund tax.</p> <p>The law does not require that the ordinances of municipal corporations should be preceded by titles such as are required for legislative enactments.</p>