The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1908-08-20
Ordinance No. 4.

An ordinance providing for and author
lzlng the issuance OF nine gold bonds
OF $40 each and bearing 5 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 au-
thority and power vested in us by the
General Assembly OF the State of Louis
lana, the issuance OF nine gold bonds of
the par value OF $40 each, dated, Benton,
La, August 3, 1903, be and the same is
hereby ordered and directed. Said bonds
to be issued against the Eleventh Special
School District tax for the years 1903,
1909, 1910, 1911, 1912, 1918, 1914, 1915,
1916, and having been voted and carried
throughout the said special school dis
trict, in the Parish Of Bossier, on the
2ith day OF May, 1907, said bonds to
bear interest at the rate of per cent, as
provided for by Act. No. "a, from date
until paid, said interest to be paid an
nually at the Office of the Parish Super
intendent and School Treasurer, Benton,
La, on August 3, 1909, 1910, 1911, 1912,
1913, 1914, 1915, 1916 and 1917, said in
terest to be evidenced by coupons at
tached to said bonds.
Sec. 2. Be it further ordained, That
the nine bonds shall be denominated
Series D, and shall bear serial numbers
from l to 9, 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,
1915, 1916 and 1917.
Sec. 3. Be it further ordained, That
the entire special tax of 5 mills for nine
years, duly voted and carried Nav "a.
1907, throughout the Eleventh 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 Eleventh Special School
District, in Bossier Parish, La, or so
much of said tax as may be necessary,
and the same is hereby specially pledged
and dedicated to the exclusive payment
OF both accrued interest and principal of
the bonds of Series D, Nos. / to g, 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 ef Louisiana,
Parish of Bossier,
Benton, La, August g. 1908.
The Five Per Cent Gold Bonds of the
School Board of Bossier Parish.
Series D. No. 800. $40.
---.,.~ years after date the School Board
OF Bossier Parish promises to pay to the
bearer OF this bond the sum of $40 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
terest hereon at the rate of 5 per ecntum
per annum from date until paid, said in
terest to be paid in the same coin and at
the same place as the principal aforesaid,
annually on the Sd day of August, upon
the surrender and cancellation of the
coupons hereto annexed as they shall
seyerally mature.
This bond is one of a series of nine
bonds denominated Series D, of like
amount, date, tenor and effect, of the
School Board of Bossier Parish, State of
louisiana, known as the Five Per Cent
Gold Bonds Of the Parish of Bossier.
Series D, authorized by and issued pur-
suant to Act No. 81 of the General AS
sembly of 1906 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 mills for nine years
on the assessed valuation of the property
OF the said Eleventh Special School
District, said tax having been voted and
carried May Il, 1907, and first collected
in 1907.
In testimony whereof the said School
Board of Bossier Parish has caused the
names or its President and Secretary to
be affixed hereunto, as its bond and
promissory note, at Benton, La, this,
the Sd day OF August, AID. 1908.
--........ .,,,..,....., President.
-......-. ,,.."-....., Secretary.
Sec. 5. Be it further ordained, That
the following wording Of coupons shall
be annexed to the said bonds, viz:
Coupon. (S3.O.) On the Sd day of
August, 49, the Parish School Board
of Bossier Parish will pay to the bearer
at the Office Of the Parish Superintend-
ent and School Treasurer OF Bossier