The weekly Iberian. (New Iberia, La.) 1894-1946, 1900-10-20
COUNCIL PROCt EDINGS.

SOlitlBNtu tIUIH louI III pdSt.
provisions Of the ordinance adopt,d
on the 18th, day Of August 1900,
and tie TENS and st,pulatIons con
tained in The Pubic Act passed be.
fore Fred w. Bauman, notary, pub
Inc for the Parish Of IBERIA, which
Act was passed pursuant to the terms
Of the aforesaid ordinance of Aug
ust 18th, 1900, and confirmed and
made effective by ordinance OF Oct
ober the Stb. 1900; and the SAID Ger
tiiicate shall have annexed to 1t cou-
p,us 10 represent the interest to b
paid thereon at the rate Of five PEI
centum per annum.
Section 9. b. it further ordained,
that the certificates and coupons
shall read substantially a. follows:
State of Louisiana, Parish Of IBERIA,
Town of New Iberia,
Certificate of Indebtedness repre-
sentlug in part the contract price OF
the warerworks system of the town
Of New iberia, Louisiana.
Certificate No. $3.50. 90
1t is hereby certified that the sum OF
Two Hundred and Fifty Dollars Is
due to the bearer hereof and the
Town of New Iberia, Louisiana
gre,s and undertakes TO pay or
The 18th day of October,
| at the office of town of New Ibtrla,
o the bearer hereof on account OF
he contract price for the water
works system, the sum OF two Hun
lred and Fifty Dollars. The certi6-
cate of indebtedness Is issued To-
represent part Of the contract price
Of tho waterworks system, Of FIT,
Nine thousand Six Hundred and
Ninety Five Dollars and interest,
and is secured by the pledge and
the appropriation of all the Mark I
Revenues of the said town from
md after the first day of January,
1904, and all the revenues arising
from the use of the Electric Ligh,
Plant, from the use of the water
works system, aud from the use
Of any pubic franchises and thsre
has been levied in advance tax OF
ten mills on the dollar allowed by
law on all the property assessed tor
axes in the town OF New iberia;
Aud there has been appropriated out
# these aforesaid revenue. and
taxes the sum sufficient 10 pay tie
aforesaid contract price of Fifty
Nine Thousand Six Hundred and
Ninety Five Dollars with interest
thereon, which pledge and arpro-
priation and levy of taxes is made
oy virtue of and pursuant to sec
ion of Act 80 Of the General
assembly OF Louisiana, approved
July Bird 1900, and is appropriated
is follows:---
Out Of the revenues and taxes OF
| 900 and the licenses Of 1901, there
has been appropriated Three Thou
and Dollars TO pay the interest on
these certificates; out of the reve-
tues aud taxes aud licences of eacb
snbst quent year, including the year
1904 aud the licenses Of 1915,
there have been appropriated Six
thousand Dollars: and out Of The
revenues aud taxes of 1916 and GU,
Of the licenses Of 1916 there have
oeen appropriated Six Thousand
Dollars 10 pay the principal and
interest of this contract price, re.
presented by these certificates, aud
these revenues have been pledged
and set apart in advance and these
annual revenues and Licenses have
been appropriated to meet The
paymen, of the contract price and
interest thereon for the construc-
ton Of the waterwork system II IL
HiONiNSN uCWCvCsS tbnt NuO tOWh VI
New iberia shall have the right To-
pay off the debt Or any poltlon
thereof with accrued interest at any
time wi hin the period Of sixteen
years, should the revenues anu
taxes no allow.
This certificate is proof of tn.
faifiIlinent Of tue contract FOR the
construction Of The watcrworks
svsem.
In Witness " whereof, The said
town Of New Iberia, La, ha.
caused this certificate to be signec
By its Mayor alsesied by its Geek
ander It's Corporate al and tn.
Coupons hereto affixed 10 be ex
ccnted by the fac-simile signature
Of the Treasurer, this tiftee shth da,
Of October, 1000.