New Iberia enterprise. (New Iberia, La.) 1885-1902, 1900-09-22
Call for Election by the Iberia b
St. Mary Drainage District.

Notice is hereby given that nm election by the
properly qualified electors Of the iberia st.
Mary Drainage District will be held on the
TO vote for the acceptance Of the prop
ositon embodied in the resolution Of the Board Of
Cominis nissi0ncrs of the Iberia & st. Mary Drainage
District, passed August 23d, 1900, and being as
"Ie il resolved by the iberia & St. Mary Drain
age District that
Whereas, this Board now exists by reorgani.a
tiOn under the provisions of Act No. IL OF the
Acts Of the Legislature OF this State for the year
Whereas. the said Board has assumed the
tracts and debts OF the old Board known the
iberia and s.. Mary Drainage District organized
under Act 4s, 1893, and
Whereas, tho old Board had submitted to the
voters OF the Drainage District u proposition to
incur an indebtedness of Thirty Thousand Dol.
lars 1890, ,OOO.OO), and to levy u tax Of five 90
mills on the dollar TO pay the same, and to issue
bearing bonds TO represent the said indebtedness.
which said proposition was accepted by the voters
OF said district, and
never been issued, and
Whereas, Il Is necessary to increase the amount
Of indebtedness and the bond issue In order to do
the necessary drainage work In the said District,
Whereas, the Thirty Thousand Dollars $780,.
OOOO OO) Of bonds authorized to be issued do not
reach the constitutional limit the assessed value
Of said District being In excess OF One Million Dol
lars, (&l, 600, ,OOO.O0.l
Therefore be II resolved, that an election be held
of the qualified electors under the constitution
and laws of Louisiana of the said iberia u st.
Mary Drainage District on Tuesday, the 9th day
Of the month Of October isvy after due IaSiica, M
parishes for period Of thirty days, ~ required
by law, TO take the census OF the said property
taxpayers upon tho following propositions, which
hereby submitted to the said taxpayers at said
election, namely;
lat. TO incur an indebtedness of One Hundred
Thousand Dollars t&lOO, ,OOoO0), for the purpose
dra assy foVf
b st. Mary Drainage District, which indebtedness
IL TO consist Of the ratification Of the debt author
asd BY The voters on the 2sth day y"a 81 Oct Oesoees
and an additional indebtedness OF Seventy Thou
sand Dollnrs ($7O OOOO OOl
I'd. To authorize the Iberia 81. Mary Drainage
District 10 issue One Hundred Thousand Dollars,
<$lOO, 100000 Of thirty year Ave 90 per cent In.
tercst bearing negotiable bonds of the face value
Of One Thousand Dollars ~ ,0OO.00) each, and
numbered from one "a TO one hundred (lOO) re.
spectively, to represent the said indebtedness Of
One Hundred Thousand Dollars (R1OO. .OOO.OOl,
which ahall consist Of ratification Of the uthor
trict on the esth day Of October, 1899, Of Thirty
Thousand Dollars 1880. .OOOOO) Of such bonds,
which have never been issued. and the issuance
OOO.OO). which together shall constitute = bond
issue of One Hundred Thousand Dollars $780,.
900. .OOl, % be ofone series Interest ON the said
trict shal retire aftsr Ave co. years from their Is
suAnce, Four Thousand Dollars Of the said bonds
annually, TO be selccted BY lot or chance. The
years, Of retiring greater amount than Four
Thousand Dollars ~, 900 0O) Of said bonds. but
~ bc compelled N retire q least that amount ami
Sd. 70 authorize The iberia and 81. Mary Drain.
essy saSiess 70 State taxation within the sald
thirty yeafs This 70 be ratification OF the Ave
90 min tax hitherto voted In favor Of the old
district on the 96th day Of October, 1899. and an
- 4 L.~ t,e~r Ak~
dass u the ievyng of the first tax under this elec
tion, and its extension TO affect all property sub
ject 70 State taxation within the said Drainage
said tax shall be applied in the order follow.
Ing, VS., for the frst hve years;
lst. For the payment Of interest on the bonds
"a. NeceusAry running expenses, maintenance
of syssem ana fnprovcments.
"a. Balancs for general sinking fund.
Aftes Tie Asst dve years:
"a. Roar Thousand Dollars (ea, 900 OO) per an.
NAN for = shaking fund 20 retire the bonds.
Tho remainder VI the funds realized by the said
sine e1penses. naantsnancs and Operations, for The
Eea0eton u1 tie raee Ct taxation or for the extern
oion a bettermeAt of said works, provided the
sss.sios
~ bst1srmeat 81 sald wores shall never exceed
ths asneant of The fand ON hand fur such public
- intsrsst payment 70 become due in the next
vear voecosdInl such expenditure. nor BE- paad
ont q NJ sinkiae fand required BY TIL. Act"
trict 81 a. following polling places. vis:
M ~ periGA " iberia: 6th ward Jeanerette
prssinst. LET wara-. -Pasoatvills precinct "a
81 3 S,iss NV: ssalles lss ward "a
~. a. SsseiseS -Casneos poll. "a ward, -
llsslsss ies,se Ie.i ~. ~ wasd' iAsA pseeiaes--
o.ssssn A. - "a csssss 5 Ssid "a .i:ssias.