All funds deposited with the respec
tive Parish Treasurers shall be special
I Ilighway funds of the Parish and shall
be withdrawn from Parish Treasury by
the P'olice Jury of each Parish only for
the purpose of constructing. maintain
ing or operation of public roads, high
ways or bridges or for the payment of
interest on bonds issued solely for said
purpose.
The fund deposited with the Commis
sioner of IFinance of the City of New
)rleans, under the provisions of this
act, shall form a special Highway Fund
for the City of New Orleans, and shall
be used exclusively for the purpose of
constructing, operating and maintain
Ing highways, roads, bridges, viaducts.
a.nd aquliduets as well as culverts.
drains and appurtenances thereof: or
for the purpose of paying the interest
on any bonds or public Improvement
eirtificatis hereafter issued by the
C(ity of New Orleans excelusively for the
~ornstruction of puliic highways, roads,
bridges. viaducts, or aqueducts within
said Parish.
Sectlon I1. Tie It further enacted.
r.'., That the Secretary of State shall
ilvre bond in such sum as may he fixed
by the Governor of the State of T,ouisi
aina. with a surety company authorized
to do business in the State of L,ouisiana.
as lsurety thereon, and shall be entitled
to charge the cost thereof, which shall
not exceed one-fourth of one per cent.
fund to charge same against the license
fees collected.
SThe bond shall he made in favor of
the State of Louisiana for faithful per
iPorilannre by the Secretary of State of
tis duties under this act, and the prompt
delivery to the proper parties of the
fundls under his control: and shahll eni
rtie to the benefit of tile respectilve
Partshes and the City of New Orleans,
as its interest might appear.
