St. Tammany farmer., 1909-10-02

Secretary.
Sec 3. Be it further ordained, etc, Tha
| there Shall be set aside out of the revenue
| arising from said special tax. all sums in exces
| OF the interest on said bonds. which sums SC
set aside shall constitute sinking fund, for tlt
payment OF the principal of said bond at ma.
| turity, which fund shall not be drawn out o
| the treasury, for any other purpose. And ir
! the event that said sinking fund is less thar
| the aggregate amount of the bond or bonds
and interest that mature in that year, the said
| Town shall, from other revenues herenabove
provided, make UP the deficiency.
Sec. 3. Be it further ordained, etc, That ali
accrued interest on said bonds shall he paid
| out of the funds arising from the collection of
SAID special tax, and the treasurer of the Town
of MandeyiIle shall be and is hereby author
lied to pay any and all coupons that NAV be
due, when presented by any bona fide holder
or owner of any of said bonds.
Sec 7. Be it further ordained, ETC., That
said special election shall be held under the
election laws of the State of Louisiana, and at
the polling place established by law in said
Town. and the ballot to be used be as follows:
For incurring debt and issuing negotiable
bonds to the amount of $4,000, for the follow
ing purposes:
! To construct revetment from the corner
of Foy and Lake streets. in said Town of Mande-
vile, commencing in the lake at point about
three hundred feet from the center of Square
No. 5: thence running parallel with Lake
street to point in the lake about three hundred
feetoppoSite the corner of Lake and Caronde-
let streets.
2 To fill in and reclaim that portion of the
Town of Mandeville's property lying between
Carondelet street, Lake Shore, Foy and the
proposed revetment.
) To construct a she'll road, commencing
on Lake. street. in said Town, at the corner Of
Lake and Lamarque streets; thence from said
corner to the corner of Lake and wilkinson
streets; thence along Wilkinson street to
Monroe street; thence along Monroe street to
Marigny Avenue; thence along the center of
Marigny Avenue to Lake street
IA And leving on all assessed and assessabIe
property situated in said Town of Vaudeville,
dollar per annum for a period of ten years.
said special tax to be applied to the payment
of the annual accrued interest on said negotia-
bic bonds, as we'll as to the payment Of the
of the same as they mature.
Against incurring debt and issuing negotiable
bonds to the amount of $4,000 for the fol- |
lowing purposes: |
1st. To construct revetment from the |
corner of FoV and Lake streets, in said Town |
Of Mandeville, commencing in the lake at a |
point about three hundred feet from the center |
Of square number S; thence running PARALLEL |
With Lake street to point in the lake about |
three hundred feet opposite the corner of |
lake and CarondeIet streets.
I'd. To fill in and reclaim that portion OF |
he Town of MandevilIe's property lying be-
ween Garondelet street, Lake Shore, Foy and
he proposed reVetment.
Sd. To construct she'll road, commencing
IN Lake street in said Town, at the corner Of
AXE and Lamarque streets; thence from said
'orner to the corner of Lake and wilkinson
Monroe street; thence along Monroe street to
farigny Avenue; thence along the center of
iarigny Avenue to Lake street.
4th And leVying on all assessed and assess
bic property situated in said Town of Mande-
lille, Louisiana, special tax of three mills on
he dollar per annum for period of ten years.
aid special tax to be applied to the payment
# the annual accrued interest on said negotia-
lie bonds, as we'll as to the payment of the
principal of the same as they mature.
Sec. 8. Be it further ordained, ETC., That the
oard of Supervisors of Election for the Parish
f st. Tamrlany, Louisiana, are hereby request
to appoint commissioners and clerk to
erve. at said polling place; to give due notice
t said appointment, and of the time and I
lace of holding said election to and to make
heir returns of said election to the Mayor
nd Board of Aldermen of said Town, who
hall announce and promulgate the result of
lid election according to law.
Sec. =. Be 1t further ordained, ETC., That the
commissioners of Election shall receive the
allots of all property taxpayers of said Town
Mandeville, Louisiana, entitled to vote
nder the Constitution and laws of the State
Louisiana, and before depositng the same
/ the ballot box, shall endorse thereon in the
reSence OF the voter, the name of such voter +
nd the amount of the value of his assessed
roperty, and said Commissioners shall make
eturn of the number of votes and the amount
the assessed value of property voted for
I'D against the proposition hereinabove men,
oned.
Sec. 10. Be it further ordained, ETC., That
lis ordinance and annexed petition of tax
ayers be published in the St. Tammany
lrmer, the official organ of the Town of
andeville, Louisiana, and be posted, in at least,
lree CONSPICUOUS places in said Town for full
lirty clear days previous to date of holding
i'd election, and that this ordinance take
feet from and after its passage.
II. BOREY, Mayor.
. MENANT, Secretary. {