The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1908-08-13
Extract from the official School Board Proceed
ings of July q, 1905
Ordinance No. 1.

Extract from the official School Board Proceed
ings of July 81 1905
Ordinance No. 1.
An ordinance providing for and author
izing the issuance of seven gold bonds
of 5000 each and bearing per cent in
terest, in accordance with Act No. "a
of 1906.
Section /. Be it ordained by the Par
ish Board of Directors of the Parish of
Bossier, State of Louisiana, in special
meeting assembled for the purpose here
in set forth, That by virtue of the
authority and power vested in us by the
General Assembly of the State of Louis
lana, the issuance of seven gold bonds Of
the par value of $500 each, dated, Ben
ton, La, August 3, 1908, be and the
same is hereby ordered and directed.
Said bonds to be issued against the
Eighth Special School District tax for
the years of 1908, 1903, 1910, 1911, 1912,
1913, 1914, and having been voted and
carried throughout the said special
school district, in the Parish of Bossier,
on the 31st day OF August, 1907. Said
bonds to bear interest at the rate of 5
per cent, as provided for by Act No. "a,
from date until paid, said interest to be
paid annually at the Office of the Parish
Superintendent and School Treasurer,
Benton, La, on August 3, 1909, 1910,
1911, 1912, 1913, 1914 and 1915; said in
terest to be evidenced by coupons at
tached to said bonds.
Sec. 2. Be it further ordained, That
the seven bonds shall be denominated
Series A and shall bear serial numbers
from 1 to I, both inclusive, and shall
mature as follows: No. on August 3,
1909, and the others in serial order on
August 3, 1910, 1911, 1912, 1913, 1914
and 1918.
Sec. 8. Be it further ordained, That
the entire special tax of 21s mills for
seven years, duly voted and carried
August 81, 1907, throughout the said
Eighth Special School District, said
election having been duly promulgated
by the Board OF Election Supervisors, in
pursuance of the general election laws of
the State of Louisiana, and levied by the
Police Jury on the assessed valuation of
the property OF the said Eighth Special
School District, in Bossier Parish, La,
or so much of said tax as may be neces-
sary, and the same is hereby specially
pledged and dedicated to the exclusive
payment of both accrued interest and
principal of the bonds of Series A, Nos.
to Z, both inclusive.
| Sec. 4. Be it further ordained, That
the following wording shall be used for
the bonds to be issued under this ordi-
nance:
United States of America, State Of Louisiana,
Parish of BoSSier,
! Benton, La. August 3, 1903.
The Five Per Cent Gold Bonds of the
School Board of Bossier Parish.
Series A. No. -. 5000.
~ years after date the School Board
of Bossier Parish promises to pay to the
bearer of this bond the sim of $500 in
gold coin of the United States, of the
present standard of weight and fineness,
at the Office of the Parish Superintend-
ent and School TREASURER Of Bossier
! Parish, at Benton, La, and to pay in
per annum from date until paid, said in
terest to be paid in the same coin and at
the same place as the principal afore-
said, annually on the Sd day of August,
upon the surrender and cancellation OF
the coupons hereto annexed as they
shall severally mature.
This bond is one of series of seven
bonds, denominated Series A, of like
amount, date, tenor and effect of the
/ School Board of Rossier Parish, State OF
Louisiana, known as the Five Per Cent
Gold Bonds of the Parish of Bossier,
Series A, authorized by and issued pur-
suant to Act No. 81 of the General AS
sembly of 1905 and Ordinance No. OF
the School Board of Bossier Parish,
adopted July q, 1908, in special meeting
assembled, and both its principal and
interest are secured by the proceeds OF
the special tax OF 2ls mills for seven
years on the assessed valuation of the
property of the said Eighth Special
School District, said tax having been
voted and carried August 81, 1907, and
first collected in 1907.
In testimony whereof the said School
Board OF Bossier Parish has caused the
names of its President and Secretary to
be affixed hereunto as its bond and prom
issory note, at Benton, La, this, the Sd
day OF August, A. D. 1DOS.
| ..,.,...,.,-.,....- President.
..,.,,....-,.....,- Secretary.
/ Sec. 5. Be it further ordained, That
the following wording of coupons shall
be annexed to the said bonds, viz:
Coupon. $3.50. On the Sd day OF
August, 10, the Parish School Board
of Bossier Parish will pay to the bearer
at the Office OF the Parish Superintend-
ent and School Treasurer Of Bossie1
Parish, Benton, La, $50 in gold coin OF
the United States, Of the present stand
ard of weight and fineness, being the in
terest Tor. year, -.-.-.--., then due on
its Five Per Cent Gold Bond, Series A,
| No. ........ President,
.-r..-....,...-....-, Secretary.
Sec. 6. Be it further ordained, That
the said bonds shall bear across their
face in red letters, as required by law,
the following certificate Of the District
Attorney of the Second Judicial Dis
trict, viz:
| hereby certify that have examined
the proceedings prior and relative to the
voting of a special school tax, the reso-
lutiOns, ordinances and other proceed
ings of the Parish Board of School
Directors of Bossier Parish, State OF
Louisiana, pursuant to which this bond
was issued, that the said proceedings are
regular in form, and that the proceeds OF
the special tax dedicated to the payment
/ of the same, estimated upon the roll oil
the said Parish of Bossier for the year in
which the tax was voted, that is to say
the year 1907, will be ample for the pay
ment of said bonds, principal and inter
est. This, the Sd day Of August, 1908
District Attorney Seed Judicial Dist
State of Louisiana, u. S. A.