New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1906-01-13
NOTICE OF ELECTION.

by the property tax payers, qualified to
vote under the constitution and9taws of
! Louisiana, of the Petite-An -Cotsau
Drainage District will be held on the 23rd
day of January, 1906 to vote for the ae-
ceptance or rejection of the propositions
embodied in a 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: g
Be it resolved, by N Board of Commissioners
| Of the Petite AnSe hatesu Drainage Distrct;thst
! whereas the membtss of this Board have been le-
gally appointed and qualified comm issioners and
said Board now exists under aud by virtue of reg.
ular organization under the provisions of Acts
| 1919 of the ActS4 the General Assembly of the
| State of Louisiana of the session of 1902 and
whereas the law requires the submission of prop
osittons such rs artherensfter contained to the
| resident property tax payers entitled to vote at
such election for their authorization disapproy-
al thereof, now therefore ~
BE it resolved, by the Board of Commissioners
of the Petite Anse Coteau Drainage District. that
an election be aud the SANE is hereby ordered to
Toe held of the property Lax payers qualified to
vote under the Constitution and laws of the State
of Louisiana of the Petite Anse Coteau Drainage
District on the 13d day Of january, 1906,
otter due notice and publication of notice in the
ffrtal journal of the Parish of iberia for period
of thirty days as required by law, to take the
sense of the property owners qualified to vote
der the Constitution of the State of Louisiana as
aforesaid on the following propositions. which
are hereby submitted to said property tax paye
ut said election, namely:
list. To incur an indebtedness of Fifty Five
Thousand Dollars, 1888 ,o0o.o o) for the purpose
of digging canal and constructing a system Of
drainage foG Che Petite Ause Coteau Drainage
District.
ID. To authorize the Petite Anse Coteau Drain.
age District TO issue Fifty Five Thousand Dollars
ot forty year five per cent interest bearing bonds
0hhc face value of Two Hundred and Fifty Dol.
lars each and numbered from one to two hundred
and twenty inclusively. to represent said iudebt-
edp4Ss of Fifty Five Thousand Dollars Interest
on fS of said bonds tn be paid annually, each bond
to bear th@Bame date, and the interest to com
mence to run ON same from the date thereof. The
said Petite Anse Coteau Drainage District shall
pay and retire Mt the end OF five years from the
date of their issuance ten Of said bonds sggrega-
ting Two Thousand Five Hundred Dollars.
During the next five years 1t shall pay and re-
tire annually three OF said bonds, aggregating
Seven Hundred and Fifty Dollars.
During the next five years 1t shall pay and re-
Thousand Dollars
During the next five wears 1t shall pay and re.
tire annually five Of said bonds aggregatng
Twelve Hundred aud Fifty Dollars
During the next five years II shall pay and re.
tire annually six of said bonds, aggregatng FIJI.
teen Hundred Dollars.
During the next five years IL shall nav and re-.
tire seven of said bonds annually, aggregating
Seventeen Hundred and Fifty Dollsrs.
During the next five years It shall paw aud re.
tire annually cghtA of said bonds, aggrsgatinx
Two Thousand Dollars
During the last five years it shall pay and retire
Thousand, Two Hundred Dollars
Said bonds to be paid and retired at the annual
interest payment period. Said bonds to be selec
ted Tor payment by lot of chance. The drainage
district To have the option after FIVE years Of
paying and retiring a greater number OF bonds
I han above named Mt any annual interest payment
period, hut 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 herein after
granted there shall be set aside annually sun.
cient amount to meet the payment OF the bonds
aforesaid During the first Ave years there shall
be set aside at least Six Hundred Dollars per
annum, and during each five year period there
after, at least an amount sufficient to pay and re.
tire the number of bonds therein named TO be re-.
tired annually.
Said debt to be incurred, said bonds to be Is.
sued and said tax to be levied subject to and In
with the laws Of this State and esps.
'lally in accordance with the provisions Of Acts
! 10 and l57 of the Acts of the General Assembly
for the year 1902.
3D. To authorize the Petite Anse Coteau Drain.
age District to levy a five mill tax upon all the
property within said dranags district subject to
state taxation said tax to run 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 annum shall
be deposited in sinking fund for the frst 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
i've years for the retirement of these bonds az.
sregating 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
Dosrs.
Twelve Hundred and Fifty Dollars shall de.
,osited in the sinking fund annually for the next
i've years to discharge e. FIVE bonds sggregating
Fifteen Hundred Dollars shall be deposited In
he sinking fund annually for the next Ave years
o discharge six OF said bonds. aggregating FIJI
Seventeen Hundred and Fifty Dollars shall be
deposited in the sinking fund annually for the
,ext five years to discharge seven bonds aggregat-
ng Seventeen Hundred and Fifty Dollars
Two Thousand Dollars shall be deposited In
he sinking fund for the next Ave years annually
o discharge eight bonds, aggregating Two Thou
Two Thousand Two Hundred and Fifty Dol
ars shall be deposited in the sinking fund an.
ually for the next five years to discharge nine
onds, aggregating Two Thousand, Two Hundred
nd Fifty Dollars.
And said sinking fund herein provided for
hall be deposited by said Board of Com mission.
RS In some banking institution In the State of
louisiana, which shall be agreed upon by tho
urchaser of the bonds and the Board OF Com.
,issioners of the said Petite Ause-t )oteau Drain.
ge District.
Third For the maintenance and operation of
he said system of drainage.
Fourth For the extension and better,nent of
aid system of drainage.
Fifth. For the reduction of taxation.
Provided the expenditure for the purchase.
maintenance, operation, extension
r betterment Of said works shall never exceed
ne amount OF the funds on hand for said public
orks, nor reduce the funds below a sum sufi.
ent to meet the interest payment to become
ne In the year next succeeding such expenditure
Or be paid out of the sinking fund provided for
this resolution, and required by Act las Of the
It's of the General Assembly Of Louisiana for
he year 1902.
Resolved, that the polling places at which eaid
ecton shall be held be az follows:
For all voters of and residing In that portion
the 5th ward of Iberia Parish included within
i'd drainage district, the polling place shall DO
the School House polling place In the ffth
ard
For all voters of and residing In that portion
the 9TH and 9th wards included In said drain
e district, the polling place shall be at Delcam.
e Hall near Petite hnse Bridge In the Seventh
ard.
Said election shall be held throughout
e said drainage district, at the following
aces, and the polling booths shall be-
esided over by the following named
and Clerks Of Election:
For all voters OF and residing in that
'rtion Of the 7th and 9Th Wards included
said Drainage District, the polling place
all be at Delcambre Hall. near Petite
use Bridge in the Seventh Ward.
For all voters Of and residing in that
rtion of the 9Th Ward Of Iberia Parish
GLIDING within said Drainage District.
g polling place shall be Mt the School
1nse polling place in the 9Th ward.
For the Delcambre Hall polling place,
M. q.