New Iberia enterprise. (New Iberia, La.) 1885-1902, 1900-10-13
special tax for seventeen years, are appro-
priated and pledged.

special tax for seventeen years, are appro-
priated and pledged.
The first twenty bonds of this issue.
numbers one to twenty inclusive, are re
deemable at the option and pleasure of
said town. ut any interest period after the
expiration of five years from the date
thereof, and the bonds of this issue, mum
bers twenty one to forty, inclusive, are re
deemable Mt the option of said town at any
interest period after the expiration of ten
years from the date of bonds in accord
ance with and in the manner prescribed
by the ordinance authorizing the issuance
of the said bonds, under the date of Octo-
Der Sth. 1900.
In witness whereof, the said town of
New Iberia has caused this bond to be
signed by it's Mayor, attested by its Clerk
under its corporation seal and the coupons
hereto affixed to be executed by the fac
simile signature of its treasurer, this fif
teenth day of October, 1900.
| Mayor.
| .......... Clerk.
No. -. s.. COUPON.
On the first day of January Cor july the
| town of New Iberia, Louisiana, will pay to
the bearer .. dollars, at the office of
| the town treasurer of the town of New
Iberia, La, or at the Chase National Bank
in the City of New York, State of New
York, being SIN months interest on the
| debt due on its electric light bond No.
| October 18th, 1900.
..... =. Treasurer.
| See. 4. Be it further ordained that to
provide for the payment of the principal
and interest of the bonds heleinbefore
described, there is hereby levied for each
and every year for the period of seventeen
years special tax of three mills on the
dollar on all property subject to taxation
within the town of New Iberia, beginning
with the year 1901 and ending with the
year 1917, both inclusive; and there is
hereby appropriated and pledged, the
entire amount of the said special taxes
levied and collected or so much thereof as
may be necessary to pay the aforesaid
bonds.
And in the event that any deficit should
occur in the special tax and the funds
arising from the collection of the same
should be insufficient to pay these obliga
tions issued thereon, under and by virtue
of section of act No. ia Of the general
assembly of Louisiana, approved July lth
1900, there is hereby appropriated for each
and every year from the yearl9Ol to the year
1917, both inclusive, a sufficient amount
of the funds arising from other sources to
meet any deficit in said special taxes.
Sec. 5. Be it further ordained, that if
the Mayor and Board of Trustees shall
elect to redeem these bonds as hereinbe
fore provided, they give notice of their in
tention not less than sixty days before the
date fixed for redemption by printing
notice to that effect in one or more news
Oh -, h, ~
ria, and one or more newspapers published
in the City of New York, once q week for
one month prior to the running of the sixty
days above provided
And thereafter the principal and accrued
interest shall be paid upon presentation of
the bond and coupon and all further inter
est shall cease after the date so elected
and fixed.
Sec. 6. Be it further ordained that the
Mayor and Board of Trustees shall have
the right and it shall be their duty,
whenever the funds, in the hands of the
treasurer of the town, arising from
the collection of the three mills special
annual tax, voted at the election held Oh
the third day of October, 1900, and herein
levied as hereinbefore recited shall amount
to the sum of five thousand dollars, or
more to redeem and pay and cancel to
that amount the bonds issued pursuant to
the provisions of this ordinance beginning
with the bond numbered one and proceed
ing always to call for the bonds bearing
the smallest number outstanding; and the
Mayor shall give public notice for the time
and in the manner and form hereinbe-
fore provided for calling bonds for redemp-
ton and such notice shall specify the num-
Der or numbers of the bonds so called in !;
and after expiration of the delays so fixed
and after the notice so given, all interest
on such bonds so called shall cease and the
treasurer shall pay said bonds, with all
accrued interest and cancel the same.
| Provided that this section shall not apply
to bonds numbered from one to twenty
inclusive until after five years from the
date of the bonds and shall not apply to
the bonds numbered twenty one to forty
inclusive until after ten years from the
date of the bonds.
| Sec. Z Be it further ordained that all
ordinances and parts of ordinances in con-
flict with the provisions hereof be and the
same are hereby repealed, that this ordi-
nance shall take effect and be in force from
and after its adoption.
Thus done, read, adopted, signed and
seal affixed in open session this 9Th day OF
October, A. D. 1900.
JOHN BROUssARD, Mayor.
Mr.. A. M. Bernard presented the follow
ing ordinance which was read, when it
was moved by Mr.. J. Lamperez, seconded
by Mr.. j. A. Fagot and adopted by the
following yea and nay vote, to-wit Yea,
Messrs. Lawton, Burke, Bernard, Lam
erez, French and Fagot. Nay-none.
Said ordinance was then presented to the
Mayor for examination and after examina-
ton the same was returned by him ap-
proved and signed with the seal of the
corporation thereto affixed.
The said ordinance reads as follows, to-
wit:
| ORDINANCE
To provide for the issuance of certificates
of Indebtedness to M. T. Lewman g. Com
pany in accordance with the provisions
of the ordinance adopted the 18th day
Of August, 1900, and pursuant to the
contract evidenced by public act passed
before Fred w. Bauman, Notary Public,
on the 18th day of August, 1900, by and
between the town Of New Iberia, Louisi-
ana, and NJ. T.. Lewrhan & Company,
contractors, and confirmed by ordinance
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