New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1902-10-11

Notice is hereby gwen that an electloh
by the properly qualified electors, of the
Bayou Carlin Drainage District, will be
held on the
lsT, DAY OF NOVEMBER, 1902,
to vote for acceptance or election of the
proposition embodied in the resolution of
the Board of Commissioners of the Bayou
Carlin Drainage District, adopted on Sep
TENDER 25th, 1902, and being as follows
to-wit
Be it resolved by the Board of Commits
sioners of the Bayou Carlin District that
Whereas this Board of Commissioners
now exists by authority of regular organ
zation under the provisions of Act No.
1859 of the Acts of the General Assembly
of the State of Louisiana for the session Of
1902; and whereas the law requires the
submission OF propositions such as are
hereinafter contained, to the resident pro-
perty taxpayers entitled to vote at such
elections for their authorizations or disap-
proval thereof; now, therefore
Be it resolved that an election DO and
the same is hereby ordered to be held of
the qualified electors, under the Constitu-
ton and laws of the State Of Louisiana, of
the Bayou Cariin Drainage District on the
IL
notice. and publication of notice, in the
official journal of the Parish of Iberia, for
a period of thirty days, as required by law,
to take the sense of the property owners
upon the following propositions which are
hereby submitted to the said property tax
payers at said election, namely,
First, To incur an Indebtedness Of Thirty
Six Thousand Dollars 1886, 100000 for the
purpose of constructing a system of drain
age for the Bayou Carlin Drainage District.
Second, To authorize the Bayou Carlin
Drainage District to issue Thirty Six
Thousand Dollars 1896, 100000 forty year
i've per cent interest bearing negotiable
bonds of the face value of One Hundred
Dollars each, and numbered from one to
three hundred and sixty, respectively, to
represent said Indebtedness of Thirty Six
Thousand Dollars 1886, 0000 0). Interest
on all said bonds shall be paid annually.
Said bonds to be dated and to commence
to run from the first day of April, 1903.
The Drainage District shall pay and retire
after ten years from the date of their is
suance Twelve Hundred Dollars of said
bonds annually, to be selected by the lot
or chance. The Drainage District to have
the option after fifteen years of paying
and retiring greater amount than Twelve
Hundred Dollars of said bonds annually,
but to be compelled to pay and retire at
least that amount; and commencing with
the year beginning April LIST, 1913, shall
set aside each year sufficient funds for
that purpose Said debt to be incurred,
said bonds to be issued, and said tax to be
levied under. subject to, and in accord
Al. e 10 Gtol,
tally the provisions of Act AS and 159 of
the General Assembly of Louisiana for
1902.
Third, To authorize the Bayou Carlin
Drainage District to levy a fve-mll tax
OH all property within said drainage dis
tIict subject to State taxation, said taxes
to run for period of forty years. Said
taxes shall be applied in the order follow
ing, namely:
FOR THE FIRST TEN YEARS.
First For the payment OF interest on
he said bonds herein authorized.
Second For the maintenance oG rhp
,aid system Of irainag, aud Improvements
Third The balance II said taxes to
~ placed il general sinking fund
After the frs, ten ycas Il0in dat" 81
ssnance of said bonds.
First. For iiip payment Of interest oH
he said bonds herein authorized.
Second. At ieast Twelve hundred Dol
ars per aunum for the sinking fund for
he payment and retiring of the said bonds.
Third. For the maintenance and opera
ion Of said system Of drainage.
Fourth For the extension and better
nent of said system of drainage
Fifth. For the reduction OF the rate
{ taxation.
Provided, the expenditure, purchase.
construction, maintenance, operation ex-
ension or betterment of said works shall
ever exceed The amount of the funds on
and for said public works, nor reduce
he said funds below Il sum sufficient to
meet the interest payment to become due
n the year next succeeding such expen-
ture, nor be paid out of the sinking fund
eaured by said Act 145 Of the General
assembly of Louisiana for 1902.
Resolved, that The polling places at
which said election shall be held, shall
re as follows:
For all voters of, and residing in, that
orton of the 9th ward and of that portion
( the Seventh ward of iberia Parish.
Included in said drainage district. the
oling place shall be at residence bulld
ne on the land OF John Kodrigues success
ion, now used by Justilien Rodrigues,
nd the commissioners of election shall
Q W. II. Laughlin, II. s. Snider, and
imien Rodiigues, and the clerk of said
lection at said poll shall be J. s. Turner,
Il registered aud qualified voters resid-
,g within said portion of said district
For all voters OF, and residing in that
ortion of the I'd ward of iberia Parish,
,euded within said drainage district,
ne polling place shall be at Jules Olivier's :
tore and the commissioners of said cleo
on at said poll shall be Toussainte Dn-
lantis, Hardy Boutte, and Oscar Brous-
ard and the clerk of said election shall
G Z. f. Duplan;is, all duly qualified and ,
,gistered voters residing within said por-
on OF said district.
Resolved. That all property tax payers,