The Caucasian. (Shreveport, La.) 1900-192?, 1901-06-02
Az ORDINANCE

mourning debt of 100000, represented
by sixty bonds at $1,000 each, bearing
4 per C,nt per annum interest, PAYABLE
in thirty years, and leyyIng a TAX Of one
halI mil per annum TO pay principal and
inteIes5.
Whereas, on April Is, 1901, at a spe-
cial 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 o. Inc 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 100000 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-
vlded to pay the principal and interest;
and.
Whereas, at said election duly and le-
gally held, and returns legally made and
ca1lvassed, a majority of the property
taxpayers of said parish voting, voted
favorably in number and amount, and
authorized said parish 70 contract said
debt, and issue said bonds and to levy
said tax; therefore,
Be it ordained by the police Jury of
Caddo parish. in legal assembly con-
vtned, 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 semi-annually on the first days
of January and July, 1902, and of each
year thereafter, and the principal paya-
bic in thirty years from date, the date
of said bonds to be July I, 1901, said
bonds not to be negotiated for less than
par value; and 20 be made payable in
New York at a place to be designated
in said bonds
Be it further ordaine' 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 commit
! tee of the police jury of said parish.
Be it further ordained. that in order
to pay the interest and principal of said
| bonds. a special tax OF one-half mill on
the 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, 1000, 1907, 1908, 1000 1910,
1911, 1912, 1913, 1914, IoI5, 1916 1917,
| 1913, 1910, 1920, 1927, 1922, 1923, 1924,
! 1925. 1926, 1927, 1923. 1920, and 1890,
until sufficient fund is provided to
pay said bonds and interest and of the
amounts so realized the sum Of $4,000
/ per annum shall be used for the payment
of the interest on said bonds, and the
remainder shall constitute a sinking
fund ont of which shall be paid the
principal of the bonds so issued.
Which was adopted by the fol-
lowing vote: Hutchinson. Huckaby,
Monkhouse. Means, Oden, Rives, Tho
man, Winter, Young and Keith. Nays,
none.
PIP KEITH, President,
A L DURINGER, Clerk.
Lpril rs, 1901.