The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1908-08-20
School Board Proceedings.

The School Board in and for Bossier
Parish met this day Monday, August II,
1909 in extra session, and in the absence
of the President, was called together by
Mr.. Belcher, who presided during the
day. Roll call showed the following
named members present: J. H. Belcher,
J. E. Rogers, J. F. Mckinney, N. w.
Sentel, ]. B. Thompson, A. ]. Demos
and l.. C. Biggs. Absent: j. N. Plat,
President.
The minutes of the last meeting were
read and approved.
The bonds recently issued by the
School Board, predicated upon the
special taxation in School District No. s,
not yet having been sold, and the urgent
necessity of ready money with which to
pay the debt on the new Benton High
School building being realized, the fol-
lowing ordinance was offered and car
ried as a means of relieving the present
situation:
AN ORDINANCE
Authorizing the President Of the School
Board for the Parish of Bossier to
borrow the sum of $1,000 in order to pay
for the completion of the Benton High
School, the property of the public
t school of Bossier Parish, and pledging
and empowering said President OF this
Board to pledge to the lender of said
/ amount the proceeds of special tax
voted by the taxpayers of School Dis
| trict No. of the Parish Of Bossier, La
| Be it ordained by the Board Of Schoo
/ Directors of the Parish of Bossier, in
legal session convened, that the Presi-
dent of this Board, j. N: Platt, be anG
he is hereby authorized and empowered
to borrow, for and on behalf of this
Board, the sum OF $4,000, with per cen
interest from date and &c, per cent add.
tional as attorneys fees if placed il
the hands Of an attorney for collection
after maturity, for the purpose OF com
pleting the Benton High School building
in the town Of Benton, La, and to exc
cute for and in behalf of this Board
note or certificate of Indebtedness paya
bic to the lender of said amount, con
tanning the usual stipulations as to in
terest and attorneys fees, payable a
one, two, three, four and five years afte
date, with interest on the whole amour
due payable annually, and providing TO
the maturity of the whole amount o.
default in any of the annual payments Q
principal or interest.
Sec. 9. Be it further ordained, Tha
in order to secure the prompt an
; punctual payment of said note, interes
and attorneys fees, that the said Presi
dent be and he is hereby empowered an
authorized to pledge to the lender {
said amount the special tax voted b
public School District No. 8, of Bessie
Parish, of q, mills until the full an
l final payment of said amount, interes
+ attorneys fees and all cost; and til
lender of said amount shall have tt
l rihgt to file with the Sheriff and e1
4 officio Tax Collector of said parish
copy of this ordinance, and when he {
they shall do SO it is hereby made tt
, duty of said Tax Collector, and this Of
dinance is hereby a direction to him,
e pay to said lender all collections on sa
o special tax in said School District No.
until the full and final payment of tt
:. amount herein specified, with interes
cost and attorneys fees; provided tn
n such lender shall furnish to said L;
: Collector evidence that he or they is
are the holder of said note or certifica
of indebtedness and of the amount d.
Ii thereon.
e Sec. 8. Be it further ordained, TIL