New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1906-01-20
NOTICE OF ELECTION.

Notice is hereby given that an election
by the property tax payers, qualified to
vote under the constitution and laws OF
Louisiana, of the Petite Anse- Cotaau
Drainage District will be held on the 23ri
day of January, 1905, to vote for the 80
ceptance or rejection of the propositions
Commissioners of the Petite Anse- Coteau
Drainage District adopted on the 10Th
day of December, 1905 and being as fol-
lows:
Be it resolved, by the Board of Commissioners
of the Petite Anse Coteau Drainage District; that
whereas the members of this Board have been To-
gay appointed and qualified commissioners, and
said Board now exists under aud by virtue Of reg
ular organization under the provisions of Acts
I59 OF the Acts of the General Assembly Of the
State of Louisiana of the session of 1902; and
whereas the law requires the submission OF prop,
ositions such as are hereinafter contained to the
resident property tax payers entitled to vote 1t
such election for their authorization or disApprov
nj thereof now therefore;
Be it resolved by the Board Of Commissioners
of the Petite Anse- Coteau Drainage District. that
an election be aud the same Is hereby ordered to
vote under the Constitution and laws OF tbs State
of Louisiana of the Petite Anse CoteRu Drainage
District on the Esd day Of january, 1908,
official journal of the Parish Of Iberia for period
of thirty days. required by law, to take the
sense of the property owners qualified to vote uu'
der the Constitution OF the State OF Loutsisna, A.
aforesaid, on the following propositions. watch
are hereby submitted to said property tax payers
at said election. namely:
lst. To incur an indebtedness OF FIFTY Five
Thousand Dollars, 1885,, 900 OO) for the purpose
of digging canal and constructing . system OF
drainage for she Petite Anse Cotssu Drainage
District.
Cd To authorize the Petite Anse Cotsau Drain.
age District to issue Fifty Five Thousand Dollars
of forty year Ave per cent interest bearing bonds
of the face value Of Two Hundred and Fifty Dol.
lars each and numbered from one to two hundred
and twenty inclusively. to represent said iudebt'
edness of Fifty Five Thousand Dollars. Interest
all of said bonds to be paid annually. each bond
to bear the same date, and the interest to COM
mence to run same from the date thereof The
said Petite Anse Coteau Drainage District shnll
pay and retire at the end OF Ave years from the
date of their issuance ten Ut said bonds, agRrega-
ting Two Thousand Five Hundred Dollars.
During the next five years 1t shall pay and re-
tire annually three OF said bonds, agRregAtipg
Seven Hundred and Fifty Dollars.
During the next five years 1t shall pay and re-
tire annually four of said bonds, sggregating One
Thousand Dollars.
During the next Ave years 1t shall pay Ane
tire annually five of said bonds, Sggrsgasing
Twelve Hundred and Fifty Dollars.
During the next Ave years 1t shall pay and re-
tire annually six of said bonds aggregatinY Fiji
teen Hundred Dollars.
During the next Ave years 1t shall pay and re.
tire seven of said bonds annually, aggregasing
Seventeen Hundred and Fifty Dollars.
During the next five years 1t shall pay aud re.
tire annually eight Of said bonds, aggregstin9
Two Thousand Dollars.
During the last FIVE years 1t shall pay and retire
annually nine of said bonds sggregating Two
Thousand, Two Hundred Dollars.
Said bonds to be paid and retired Ut the annual
interest payment period. Said bonds to be sslsc.
ted for payment by lot of chance. The drainage
district to have the option after FIVE years OF
paying and retiring greater number OF bonds
than above named at any annual interest payment
period but 1t shall be compelled to pay and retire
at 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 hereinAft
granted, there shall be set aside annually sun
oient amount to meet the payment Of the bonds
aforesaid. During the first i've ysars there shAli
be set aside at least Six Hundred Dollars per
annum, and during each i've year period there
after, at least amount suniclent to pay and re.
tire the number of bonds therein named to be re-
Said debt to be incurred. said bonds TO be- IL.
sued, and said tax to be levied subject to and In
accordance with the laws Of this State, and ssps-
clally In accordance with the provisions Of Acts
las and 157 Of the Acts Of the General Assembly
3D. TO authorize the Petite Anss Ootsau Drain
property within said drainage district subject 10
state taxation, said tax to run for . period Of
forty years. and said tar 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 snuum shall
be deposited in sinking fund for the nrst Ave
years for the payment and retirement OF ten
bonds at the end Of said period.
Seven Hundred and Fifty Dollars shall be de-
posted in the sinking fund annually for the next
Ave years for the retirement Of these bonds ~
gregating Seven Hundred and Fifty Dollars.
One Thousand Dollars shall be deposited in she
sinking fund annually for the next Ave years to
discharge four bonds. aggregatiug one Thousand
DOilsrs.
Twelve Hundred and Fifty Dollars shall de-
posted in the sinking fund annually for the nsxt
IN haze Ave- bond eim,
Twelve Hundred and Fifty Dollars.
Fifteen Hundred Dollars shall be deposited In
the 81 king fund annually for the next ave yeas
to discharge six Of said bonds sggrsgating FIT.
teen Hundred Dollars,
Seventeen Hundred and fifty Dollars shall be
deposited in the sinking fund annually for the
Ing Seventeen Hundred and Fifty Dollars
Two Thousand Dollars shall DO deposited In
the sinking fund for the next Ave years annually
to discharge eight bonds, aggregsting Two Thou.
sand Dollars.
Two Thousand, Two Hundred and Fifty Dol.
lars shall be deposited In the sinking fund an
bonds, aggregating Two Thousand Two Hundred
and Fifty Dollars.
And said sinking fund herein provided TOR
shall be deposited by said 8oArd Of Commission.
ers in some banking Institution In the State Of
Louisiana, which shall be agreed upon BY the
purchaser OF the bonds and the Board of Com
OF the said Petite'Anse-Uoteau Drain
age District.
Third For the maintenance and operation Of
the said system of drainage.
Fourth For the extension and bettsrmens 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, nor reduce the funds bBiow . sam sun.
,ient to meet the interest payment 10 become
due In the year next succeeding such expeudItuYe
nor be paid out Of the sinking fund provided for
in this resolution. and required by Act las Of the
scts of the General Assembly Of Louisiana for
the year 1902.
Resolved, that the polling places 1t 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 withsa
laid drainage district. the polling place shall BE-
It the School House polling place In the nfth
ward.
For all voters Of and residing in that portion
II the 18th and 9th wards included In said drain.
'ge district the polling place shall be at DslcAx.
IRE 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
hall be at Delcambre Hall. near Petite
Anse Bridge in the Seventh Ward.
For all voters Of and residing In that
'ortion Of the 5th Ward Of Iberia Parish
including within said Drainage District,
he polling place shall be at the School
louise polling place in the 9th ward.
For the Deicambre Hall polling place.
Delino Delcambre. Thomas