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

and shall not apply to the bonds
numbered Twenty One to Forty I'D
elusive until after ten years from the
date of tie bonds.
Section Z. Belt further ordained,
that all ordinances and parts OF or
dinances in conflict with the proVls-
ions hereof be and are hereby re-
pealed. aud that this ordinance shall
take effect and he in force from an'
after its adoption. /
Tins done read, adopted, signed
and seal affixed in open session this
S'h day of October A. u. 1900.
JNo. BRoUssARD. Mayo,
Mr.. A. Nj. Bernard presented tbe
following ordinance which was read
when it was moved by Mr.. Lams
perez, seconded by Mr.. Fagot and
adopted by the following yea and
nay vote, to-wit:-Iea. M ssrs.
Lawtou, Burke, Bernard, Lampertz,
French, and Fagot. Nay. None.
Said ordinance was then prcsei It'd
to the Mayor for examination and
after examination the same was re-
turned by him approved and signed
with the seal OF the Corporation
thereto affixed.
The said Ordinance reads a. FOL-
lows, to-wlt:
ORDINANCE.
TO provide for the issuance OF
certificates of Indebtedness to Nj. L.
Lewman. & Company in accordance
with the provisions of the ordinance
adopted the 18th day of August,
1900, and pursuant to the contrac,
evident by Public Act passed before
Fred w. Bauman, Notary Public,
on the 18th day of August le0O,' by
| and between the town of New Iberia
! Louisiana and NJ. L. Lewman u
Company contractors, and confirmed
by ordinance passed on the sth day
of October 1900.
Whereas after due a ivert,semen,
for proposals, after receiving bids
and proposals for the construction
Of a waterworks system and upon
consideration thereof, the Mayer and
B ,ard of Trustee, of the town Of
New Iberia, La did accept the pro-
posal and bid of Nj. L. Lewman q
Company and tn. said Board did on
the 18th day August. 1900 pass an
| Ordinance authorizing the making
Of the contract in accordance with
the said proposal and bid; aud the
contract has been duly made where
by M. L. Lewman u Company have
undertaken for the lr.ce and sam OF
Fnfty.NiLe Thousand Six bundre d
and Ninety Five Dollars TO furnish
all the material and labor fer the
construction of a .waterworks sys-
TEN in accordance with the plans
aud specifications agreed upon and
determined by the Mayor aad Board
IF Trustees.
And whereas under the terms OF
the aforesaid contract the May or
and Board of Trustees agreed and
undertook to execute tor delivery 10
the said Contractor certificates Il
indebtedness TO represent the afo, e.
said contract price, and to deliver
to the contractors, NJ. T. Lewman
y Company, as tie work progressed
under the terms Of the contract,
these certificates;
Aud whereas by the terms of the
SAID contract and ordinance OF
August 18th 1900 and pursuant to
and III virtue of the PROVISIONS of
Act No. 33 of the General Assembly
of 1900, approved July 3rd, 1900,
being an Act Amenda DRY of the
Charter of said Town; in order to
provide for The payment Of the
aforesaid contract In principal and
interest, all the net NJ arket r venues
after the LIST dag of January 1904,
all net revenues arising from the
use of the Electric Light Plant and
from the use of the Waterworks
System are pledged and hypothecat-
ed and so much of the revenues
from taxes and licenses assessed and
collected according to | W as may
be necessary or required to IN ke
good any difference or deficiency
between the amount realized from
the pledged revenues aforesaid and
the amount of the contract price ans
nuaily falling due are pledged IN
advance and an annual tax of ten
mills on the Dollar al!O red by law