New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-12-30
NOTICE OF ELECTION.


by the property tax payers, qualified to
vote under the constitution and laws of
louisiana of the Petite Anse-Coteau
Drainage District will be held on the 23rt
day Of January. 1906, TO vote for the ac-
ceptance or rejection of the propositions
embodied in resolution of the Board of
Commissioners of the Petite Anse-Coteau
Drainage District, adopted on the 10Th
day of December, 1905 and being as fol
lows.
b., IL resolved by the Board of Commissioners
nj. the Petite NuSp tnteau Drainage District that
whereas the memhers of this Board have been le,
rrily appoint cd mud qualified comm Ssioners, ana
said Board NOW * lists under aud hY virtue or reg
ular organization under the provisions of Acts
! - of the Acts of the General Assembly OF the
state. of Louisiana of the session of 1907; ana
4, hfrras the law requires the submission of prop
ositjouS surlt as are hereinafter contained t" the
resident property tax payers entitled TO vote AT
such election for their authorization or disapprov-
~ thereof, now therefore
BE il resolved, by the Board OF commissioners
Vt the Petite AuseC uteau Drainage District. that
m election be aud the same il hereby ordered 10
b" held of the property tax payers qaailhsu "
vote under the Constitution and laws OF the state
If Iouistaun pf the Petite Anse tuteau Drainage
District ON the 2.2d d"H IF january, 1905,
after due notice and publication of notice IN the
official iournoIof the Parish of Iberia fer period
If thirty days rs required by law, to take the
sense Of the property owners qualified 10 vote IN
der the Constitution of the State of LOUISIANA rs
on the following propositions, which
are hereby submitted to said property tax payers
At -aid election, namely: -
LIST 10 incur an Indebtedness of FlttyflNe
Thousand Dollars, tFJ5 ,ooooo for the purpose
,f digging u canal and constructing Il system OF
for the Petite Anse Coteau Drainage
District.
ID 70 authorize the Petite Anse Coteau Drain
age District to issue Fifty Five Thousand Dollars
of forty year FIVE per cent interest bearing bonds
If the face value of Two Hundred and Fifty Dol.
lars each and numbered from one To two hundred
md twenty iuclusively. to represent said ndebt
adrcss OF FIFTY Five Thousand Dollars Interest
IN Hl Of said bonds to he paid annually, each bond
to bear the same date, and the interest TO com
mcnce to run on same from the date thereof me
said Petite Ause toteau Drainage District shall
pay and retire ut the end of five years from the
date of their issuance ten of said bonds, aggrega
ting Two Thousand Five Hundred Dollars.
During the next five years it shall pay and re
tive annually three of said bonds aggregating
Seven Hundred and Fifty Dollars.
During the next five years il shall pay and re
tire annually four of said bonds, a2gregating One
Thousand Dollars.
During the next five years 1t shall pay aud re-
tire annually FIVE of said bonds, aggregating
Twelve Hundred aud Fifty Dollars.
During the next FIVE years 1t shall pay and re
tire annually six of said bonds aggregatng FIT
teen Hundred Dollars.
During the next five years it shall pay and re
tire soveu of said bonds annually, aggregating
Seventeen Hundred and Fifty Dollars.
During the neXt five years it shah pay aud re-
fire annually eight of said bonds, uggregatng
Two Thousand Dollars
During the last five years it shall pay and retire
annually nine of said bonds, aggregating Two
Two Hundred Dollars.
Said bonds To he paid and retired at the annual
interest payment period. Said bonds to he selee-
ted for payment by lot of chance. The drainage
district to have the option after FIVE years of
paying and retiring q greater number of bonds
than above named at any annual interest payment
period, hut it shall he compelled to pay and retire
ut least the number of bonds and the amount
therein named above set forth ...
And commencing with the first year that taxes
are collected under the authorization hereinafter
granted, there shall be set aside annually sum
cient amount to meet the payment of the bonds
aforesaid, For example, during the first hve
years there shall be set aside at least Six Hun
dred Dollars per annum. and during each five
year period thereafter, at least an amount suhi
cent to pay and retire the number of bonds there
in named to be retired annually.
Said debt to he incurred, said bonds tn he is
sued, and said tax to be levied subject to and In
accordance with the laws OF this State, and espe
cially in accordance with the provisions of Acts
| > and 157 of the Acts of the General Assembly
for the year 1902.
81. TO authorize the Petite Anse Coteau Drain
age District to levy five mill tax upon all the
property within said drainage district subject to
state taxation, said tax to~ru for period of
forty years and said tax when collected shall be
applied in the order following.
First, for the payment Of the interest on the
bonds herein authorized to be issued.
Second Six Hundred Dollars per unnum shall
he deposited in sinking fund Tor the nfSt nve
years, for the payment and retirement of ten
bonds at the end # said period.
Seven Hundred and Fifty Dollars shall be de
positedin the sinking fund annually for the next
five years for the retirement of these bonds ag
gregating Seven Hundred and Fifty Dollars.
One Thousand Dollars shall be deposited in The
sinking fund annually for the next five years to
discharge four bonds, aggregating one Thousand
Dollsrs.
Twelve Hundred and Fifty Dollars shall de
posted In the sinking fund annually for the next
1--WE years TO discharge five bonds aggregatng
Twelve Hundred and Fifty Dollars.
Fifteen Hundred Dollars shall be deposited In
the sinking fund annually for the next five years
to discharge six of said bonds aggregating Fiji
teen Hundred Dollars.
Seventeen Hundred and Fifty Dollars shall he
deposited In the sinking fund annually for the
next five years to discharge seven bonds aggregat
ing Seventeen Hundred aud Fifty Dollars
Two Thousand Dollars shall be deposited In
the sinking fund for the next five years annually
to discharge eight bonds, aggregathg Two Thou.
sand Dollars.
Two Thousand Two Hundred and Fifty Dol
lars shall be deposited In the sinking fund
nually for the next five years to discharge nine
bonds, aggregating Two Thousand Two Hundred
and Fifty Dollars
And said sinking fund herein provided for
shall he deposited by said Board of Commission.
ers in some banking institution in the state Of
Louisiana, which shall he agreed upon by the
purchaser of the bonds and the Board II Com
missioners Of the said Petite Anse .Ioteau Drain
are District
the said system of drainage.
Fourth For the extension and betterment of
said system of drainage.
Fifth. For the reduction of taxation.
Provided the expenditure for the purchase,
maintenance, operation. extension
or betterment of said works shall never exceed
the amount OF the funds on hand for said public
works. reduce the funds below a sum suffi-
cient to meet the interest payment to become
due in the year next succeeding such expenditure,
nor be paid out of the sinking fund provided for
tim uuIr rn1 AIT A
nets of the General Assembly Of Louisiana for
the year 1902.
Resolved that the polling places at which said
election shall be held be as follows:
For all voters of and residing in that portion
If the 9Th ward of Iberia Parish included within
said drainage district, the polling place shall be
At the School House polling place in the fifth
ward.
For all voters Of and residing In that portion
II the 9TH and 9th wards included in snid draiff.s
age district, the polling place shall he at Decau
Jre Hall near Petite Anse Bridge In the Seventh
Ward.
Said election shall be held throughout
he said drainage district, at the following
places, and the polling booths shall be
presided over by the following named
and Clerks of Election:
For all voters of and residing in that
portion of the 7th and 9th Wards included
n said Drainage District, the polling place
shall be at Deleambre Hail. near Petite
Anse Bridge in the Seventh Ward.
For all voters Of and tesiding in that
PORTION of the 5th Ward of Iberia Parish
including within said Drainage District,
he polling place shall be Mt the School
House polling place in the 9Th ward
For the Delcambre Hall polling place.
Commissioners, Delino Delcambre, Thomas
aiguez, Laodice Delcambre. Clerk,
Homer Broussard.
For the School House polling place.
commissioners. Demosthene Broussard.
Joseph Mignez, Evaste Leblanc. Clerk,
Arthur Leblanc.
Notice is further given that the Petite
Anse-Cotean Drainage District. through
is Board OF Commissioners, will In open
ession held at the Court House as ifs
lonicile in the City Of New Iberia. ON the