The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-06-23

accepted by him. for and on behalf o
the said town Of Franklin, in his of
fetal capacity aforesaid
SEC. ,. Be it further Ordained. etc
That the said Mayor be and he i:
hereby authorized to enter into a con
tract with a builder. to erect and con
,truct tie said market upon the GROUND
- purchased. 10 be of such size an(
kind as shall hereafter be accepted
and approved by the town Of Frank
lin. through its Mayor and Council
which contract shall include the con
Struction Of said Public Market. anc
the furnishing OF all material and la
Dor therein consumed and employed
and which contract price shall moi
exceed the sum of Eight Thousand
(ss. 0OOOO) Dollars.
SEC. ). Be it further Ordained. etc.
That for the purposes Of carrying out
the objects and purposes above sci
forth. the sum of Twelve Thousand,
Eight Hundred and Seventy-five (s12.
$4,000 Dollars. or so much thereof as
may be necessary. be and the same is
hereby appropriated and set aside for
said purpose. the said appropriation
to be divided in the following manner.
to-wit
The sum of Six Hundred $4,000. OO)
Dollars. now in the treasury of the
town OF Franklin. being out of the
surplus revenues of the year 1906.
above statutory. ordinary and usual
charges against said treasury. as
contemplated by law
The further sum of One Thousand
and Twenty-Five (S1.O25.OW Dollars
now in the said treasury. and being
of the surplus revenues of the said
year 1906. above statutory. ordinary
and usual charges against said treas
ury.
The sum of Fourteen Hundred and
Fifty Sl,450.O0) Dollars out of the
revenues of the year 1907.
The sum of Fourteen Hundred
ISL, 100000 Dollars out of the reve
nues of the year 1908.
The sum Of Thirteen Hundred and
Fifty Isl, $4,000 Dollars out of the
revenues Of the year 1909.
The sum of Thirteen Hundred
Isl, 100000 Dollars out of the revenues
of the year 1910.
The sum of Twelve Hundred and
l.
revenues of the year 1911.
The sum Of Twelve Hundred and
81. 10000 Dollars out of the revenues
Of 1912
The sum Of Eleven Hundred and
Fifty (s1.l500O) Dollars out of the
revenues of the year 1913.
The sum of Eleven Hundred (sl 1OO,-
)o) Dollars out Of the revenues of the
year 1914.
The sum Of One Thousand and Fifty
Dollars out Of the revenues of the
year 1915.
SEC. I. Be it further ordained. etc
That the appropriations herein made
,ut OF the revenues of the nine subse-
luent years commencing with the wear
9Ol. and ending with the wear i9l5.
hall be paid first, after paying ali
statutory, ordinary or usual charges.
'r charges rendered under time con.
racts. provided for by ordinance or
esolutlon: and that the appropria-
ions herein made are to be taken ont
i the excess of revenues of those res
'ective year, after said preferred
harges shall have been first paid.
SEC. 5. Be it further Ordained etc
NSoiiS appropriations
lade Tor subsequent years. shall be
vldenced by authenticated certificates
I payment or certificates of indebted
ess: said certificates including the
rst certificate of One Thousand and
twenty-five ISL. O25) Dollars. shall be
numbered consecutively from No. to
10. 10, and shall mature, and becomeI
ne and payable in their numerical
rder. as above set forth: the first to
ecome due and payable on the first
ay or January. 1907, and the SUISSE
uent certificates. in their aforesaid
order, in l. 2. 3, 4. 5. 6, III,
ana years after maturity of said
'rtlficate No. Certificates Nos. I
nd 2 shall be issued to said Ernest G.
uhlman, 10 represent Two Thousand
.,ooo.ool Dollars of the purchase
nee OF the aforesaid property. and
TX Hundred (S6OO.OW Dollars herein
Dove provided for, shall be paid to
m in cash, the said certificates Nos.
and ,, to be for the sum of One
housrnd Sl,OOOOO) Dollars each,
Id shall be issued, as her ITO;
divided. on the day that ~
act of sale is entered into Gel,
lodlco Nus -, +. -. U. 1. Q ana ~
rein provided for, each for the sum {
One Thousand $1,000 Dollars, c
all be issued to the said builder and q
rnisher of material and labor, to +
present the contract price of the =
id Public Market, which shall be
sued and signed by the Mayor and =
by the Secretary of the I
Sn OF Franklin, either by the payee a
his order. or to the order of the s.
Nh OF Franklin. and by it endorsed Ii
'ough said Mayor and Secretary, O
all be dated when issued, and shall i,
issued from time to time, as the -
TX upon said Public Market pro- "
esses,. and in accordance with the a.
ms OF the building contract, shall RI
n interest at the rate of Five per st
It.. per annum, from date until paid,
icb iptlraSf cho1l ba nopollo