The weekly Iberian. (New Iberia, La.) 1894-1946, 1900-11-17

moved by Mr.. French, seconded
by MIR. Lawton and adopted by
the following yea and nay vote
to-wit: Messrs. French, LawtOn
Burke and Lamperez. Nay, none
Said ordinance as adopted was
then presented to the Mayor fOl
examination and after examina-
ton 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.
An ordinance to amend an OF d.
nance to provide for the certificates
of Indebtedness to M. I. Lewman
& Company, etc.
Whereas in Section 2 of the
ordinance by clerical mistake an
omission has occurred, and,
Whereas, it is proper to make
the form of the certificate pro-
vided for in that ordinance con-
form to the terms and provisions
of the ordinance and to the terms
and conditions of the ordinance
and contract Of the 18th day of
August, 1900,
Therefore, be it ordained, etc :,
tuat Section 2 be amended and re-
enacted so as to read AS follows !:
"SectiOn 2. Be it further ordained
that the certificates and coupons
shall read substantially as fol.
lows:
Certificate No.. State of
Louisiana, Parish of Iberia
$4,000. Town of New Iberia.
Certificate of Indebtedness repre-
senting in part the contract price
of the waterwOrks system of the
town of New iberia, Louisiana.
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, agrees and undertakes
to pay on the 18th day of October,
10, at the Office Of the Town
Treasurer of the town of New
iberia, to the bearer hereof, On
account of the contract price for
the waterworks system, the sum of
Two Hundred and Fifty Dollars,
with interest thereon at the rate of
five per centum, payable semi
annually, on the 10Th day of
October and the 10th day of
April of each and every year, upon
and surrender of the
interest coupons hereto attached.
The certificate of Indebtedness is
issued to represent a part of the
contract price of the waterworks
system cf Fifty-Nine Thousand
and Six Hundred and Ninety Five
Dollars and interest, and is Sc
cured by the pledge and apprOpria-
ton of all the Market revenues of
the said town from and after the
first day of January. 1904, and all
the revenues arising from the use
Of the Electric Light Plant, from
the use of the WaterwOrks System
and from the use of any public
franchise; and there has been
levied in advance a tax of ten
mills on tho dollar, allowed by
law, on all the property assessed
for taxes in the town of New
iberia; and there has been appro.
priated out of these aforesaid
revenues and taxes the sum suffi-
cient to pay the aforesaid contract
price Of Fifty Nine Thousand and
Six Hundred and Ninety Five
Dollars, with interest thereon
which pledges and appropriation
and levy of taxes is made by
virtue of and pursuant to Section
2 of Act 33 of the General As
sembly of Louisiana, approved
July 3rd, 1900, and is appropriated
as follows: Out Of the revenues
and taxes Of 1900 and the licenses
of 1901, there have been apprO-
priated the sum Of Three Thousand
Dollars to pay the interest on
these certificates; out of the
revenues and taxes and licenses
Of each subsequent year, including
the year 1914 and the licenses Of
1916, there has been appropriated
Six Thousand Dollars !; and out Of
revenues and taxes of 1915 and
out Of the licenses Of 1916 there
have been appropriated Six
Thousand Dollars to pay the
principal and interest Of this con
tract price represented by these
certificates, and these revenues
have been pledged and set apart
in advance, and these annual
revenues and licenses have been
appropriated to meet the payment
Of the contract price and interest
thereon for the construction Of the
Waterworks System.
II II nr0vidnd. however. that