The Caucasian. (Shreveport, La.) 1900-192?, 1901-06-12
AN ORDINANCE

mourning a debt of 10000, represented
by sixty bonds at SIooA each, bearing
per mt per annum interest, payable
IN thirty years, and levying a tax of one
hall mil per annu-n to pay principal and
interest,".
Whereas, on April 10, 1901, at a spe-
clal election held throughout the parish
OF Caddo, after more than thirty days
advertisement by the president of the
police jury III The official journal of said
PARISH, to take the sense of the prop
erty taxpayers of said parish on the ques-
ion Of The parish of Caddo jncurring a
debt of 100000 for the purpose of erect
ing jail, and in evidence thereof to
issue bonds of said parish to the extent
of 10000 Tor said purpose, with per
cent per annum interest, payable semi
annually, and principal in thirty years,
and IN order to pay same to authorize
the parish of Caddo to levy a tax of one
half mill per annum on the dollar of as
sessed valuation upon the property sub
Ject to taxation in said parish for thirty
years until a sufficient amount IS pro-
vided to pay the principal and interest;
and.
Whereas, at said election duly and le-
gally held, and FetEFns 1egzffy made alTtllr
canvassed, a majority. OF the properly
LaSpayers of said parish voting, voted
favorably in number and amount, I'D
.uthorized said parish to contract said
debt, and issue said bonds and to levy
said tax; therefore,
Be 1t ordained by the police jury of
Caddo parish, in legal assembly con-
vened, that the said bonds be issued,
sixty in number, and for $1,000 each.
of the parish Of Caddo. numbered from
one to sixty, inclusive, bearing 4 per
cent interest per annum, the interest
payable senli-annually on the first DAYS
of January and July, 1902, and of each
year thereafter and the principal pays.-
one in thirty years from date, the date
of said bonds to be July /, 1901, said
bonds not to be negotiated for less than
par value; and to be made payable in
New York at place to be designated
in said bonds
Be it further ordaineS that the said
bonds shall be entitled @Caddo Parish
Jail Bonds, issue of 100000" and the
president of the police jury of Caddo
parish is hereby instructed to cause same
to be prepared at once and to sign each
bend. together with the parish treasu-
rer and chairman of the finance commits
tee of the police jury of said parish.
Be it further ordained that in order
to pay the interest and principal of said
bonds. special tax OF one-half mill on
TIE dollar of assessed valuation upon all
the property subject to taxation within
the parish of Caddo be and is hereby
levied for the years. 1901, 1902, 1908,
1904 1905, 1905, 1907, 1908, 1000, 1910,
1911, 1912, 1913, 1914, 1915, 1910, 1917,
1913, 1910, 1920, 1927, 1922, 1923, 1924
1925, 1926, 1927, 1928, Iyzo, and 1880
until sufficient fund is provided to
pay said bonds and interest. and Of the
amounts so realized the sum of $24oo.oo
DER annum shall be used for the payment
of the interest on said bonds and the
remainder shall constitute a sinking
fund out of which shall be paid the
principal of the bonds so issued.
Which was adopted by the fol-
loving vote: Hutchinson, Huckaby,
Monkhouse, Means, Oden, Rives, Tho-
man, Winter, Young and Keith. Nays, I
none.
PIP KEITH, President,
A L DURINGER, Clerk.
k-pril rs, 1901.