The southern sentinel. (Winnfield, La.) 1883-1910, 1907-09-13
Ordinance No. 70

amending and readopting Ordinance No. Sc Of
the Mayor and Board of Aldermen of the
Town of WINFIELD, approved February the
5th, 1907.
Be it ordained by the Mayor and Board Of
Aldermen of the town of WINFIELD in regul.r
session convened: That ordinance No. Sc Of
of WINFIELD. approved February the 5th. 1907.
be aud the same is hereby readopted so as to
read as follows:
ORDINANCE No. Sc
To provide for the issue OF water works bonds
to the amount of So $1,000 and for the levy
and collection Of a special tax with which
/ TO pay the same.
Whereas heretofore, to wit: on December
iih, A. D. 1906, by ordinance duly passed by
the Mayor and Board of Aldermen of the Town
of winnheld. Parish of winn, Louisiana, it
was provided that an election be held in said
town on January -. 1907, for the purpose of
submitting to the qualified electors of said
town proposition for incurring q debt of
ST .5oo0 90 for establishing a water works plant
within aud for said town to that amount and
of issuing the negotiable bonds of
said town to that amount and of
I lsvying and collecting a special tax Of S
within the corporate limits of said town for
the period OF thirty years:
Whereas, as said election was duly called
and held on that date and resulted in more
than a majority in number and amount Of the
property tax payers, qualified as electors, of
said iowa, voting in favor or said proposition,
which said result was duly canvassed and
declared by the Mayor and Board Of Aldermen
= =
Mayor duly promulgated. and
Whereas. it is now desired by ordinance to
provide for the contracting of such debt, the
issuance OF such negotiable bonds. their form.
ETC., and for levying such special taxes, all as
required by law:
Now, therefore. be it ordained by the Mayor
aad Board of Aldermen of the Town of winn-
Geld, winn Parish, louisiana:
That for the purpose of erecting and estab-
fishing a water works plant within and for
said Town of winnfield, the negotiable bonds
Of said town shall be issued to the amour, Of
ST 500 90 in denomination of $4,000 each 70 be
dated July I, 1907, and PAYABLE as follows:
ten uo bonds. January I. 1913; twelve Q2)
bonds January l. 1918; fifteen ls) bonds JAM
uary 1. 1873; twenty CsN bonds January 1. 1923;
twenty-four t2s bonds January I, 1858; twenty
nine l2sD bonds January 4, 1855.
All OF said bonds to bear interest at the rate
of per cent per annum payable semi annual
ly on January and July of each year At the
Hanover National Bank In New York City, and
to be evidenced by interest coupons attached
TO said bonds. both principal and intexest to
be payable at the above mentioned bank, and
BE il further ordained, that the said bonds
shall be in substantially the following form,
to-wit:
! Mo- STATE OF LOUISIANA $4,000
Parish OF winn
Town Of winnfeld
| Water Works Bonds
! Know all men by these presents, that the
Town OF WINFIELD, In the Parish Of winn and
State OF Louisiana. Is justly irdebte and for
valne received promises TO pay tn bearer
hereof on the first day Of January, 1918. etc.
etc. the principal sum Of
TWO HUNDRED AND FIFTY DOLLARS
With interest thereon Ut the rate of i've per
cent. per annum, payable semi-annualy. as
evidenced By and upon presentation and sur
render OF the annexed interest coupons -
they severaly become due.
Both principal and interest hereof are pay
able at the Hanover National Bank. New York
City.
This bond is one OF series Of no bonds OF
like date and amount, but different masurities,
axxreesfins 81 10000 issued BY the Town Of
lwinnfeld, La. for the purpose Of constructing
and establishing q waterworks system within
and for said town. under provisfon Of the
| Constitution and laws Of the state Of Louis
lana and also under authority Of = special
election Of the oroperty Taxpayers qpali6ed
as electors Of said town. legally called and
| held for this purpose and also In pursuance. Of
| orders and ordinsnces legally passed BY the
Mayor and Board Of Aldermen Of said town:
| 1t is hereby certified and recitcd- That all
| acts. coalitions and things required 70 be done
precsdent TO and In the issue OF this bond. have
been properly had. done and performed in
regular and. due form, time and manner. -
| required By Law and that the total indehtsd-
| ness Of the Town Of winn1eid, includine this
bond. does not exceed the statutory or con-
stitutionsl limitations Of the state Of Louis-
lana II IL further certified apd reciiad that
proviskon has been nede for The levy AID col
lection q special IN a ave milk q TIE
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