New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-03-30
LAWS OF THE STATE OF LOUISA ma
PUBLISHED BY AUTHORITY.
No. 13,
AN ACT

AN ACT
To authorize the police jury OF the parish OF
Red River to issue bends for certain tiilr-
poses.
SECTION l. Be it enacted by the Senate
and House of Representatives OF the State
Louisiana in General Assembly convened,
That for the purpose OF building court
house and jail and paying the indebtedness
of the parish, the police jury OF tie PARISH
of Red River are hereby authorized 10 issue
the bonds of said parish, duly signed by the
nresdent and treasurer OF said police jury.
and bearing the impression OF the parish
seal.
SEC. ,. Be it further enacted, etc. That
the bonds so issued shall not exceed III
amount the sum Of twenty thousand dollars,
or so much thereof as may be necessary.
and shall he Of such denomination ana form
as the police inry may prescribe. lheY
shall be made payable to bearer. one, two,
three, four five, six, seven. eight, nlEe and
ten wears after date. respectively. with Govt
pons attached. and shail bear interest at
the rate of eight per cent, payable seminar
nually upon tie present atlon to the PARISH
treasurer. They may be sold under the di-
rection and control of the police jury, Oh
the most advantageous terms.
SEC ;. Be ii further enacted. etc. bat
in order to provide fund for the payment
of the sem-annual interest and bonds as
they become due. the police jury OF oald par
ish is hereby authorized and required, With
in thirty days after the assessment roll OF
said parish shall have been completed. or as
soon thereafter as possible, 10 determine
what rate OF taxation on the total assessed
value of all the movable aud lmnoVauie
property in said parish will be sufficient
for the purpose of paying the said bonds as
thew become due, and TIE said selni-annual
interest and said tax. as annually deter
mined and ascertained, is hereby levied
upon all movable and ilnmoyable property
that may be annually assessed in sad pa--
ish aud it shall be the Guty OF the said po-
lice Jury TO enforce the collection OF said tax
in the sa me manner as the law provides or
may hereafter provide, for the collection OF
all other parish taxes. Said tax. when cti-
ected, shall be applied exclusively 10 the
purposes mentioned in this act, and SAID
tax shall be PAYABLE il United States eur
renew.
SEC. 4. Be it further enacted, etc. That
until the final payment OF the bonds author
lied to be issued by this act, it shall be The
duty OF the police jury 81 said parish /"
apply the proceeds OF the tax, collected oy
authority OF this act 70 the redemption ., OF
said bonds, IN such manner as may be
deemed by them most advantageous 10 the
best interests OF the parish
SEC. 5. Be it further enacted, exc, I nat
all expenses necessary 10 carry INTO erect
the provisions of this act shall be be paid by
the parish; and this act shall take effect
from and after lis passage.
(Signed) Q. II. BREWSTER,
Speaker Of the House of Representatives.
(Signedl P. b. 5. PINCHBACk,
| Lieutenant Governor and President o. tLt
Senate
Approved NaT,l {. 1872.
lSgnedj H. c. WARMOTI.
Governor OF Louisiana.
a true copy.
+ j. HEBRON,
Sec-a.art Of STATE