The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1909-04-10

provided by law, the same was held on SAID
18th day Of October A. D., 1908, according
to law, and at said election no duly quail
fed vo.eis, representing, owning and vo.-
ing property of the assessed valuation OF
rl69, S25 90, voted FOR The levy of Sid
special tax of 9 - mills for the period and
purposes aforesaid; ard duly quallhed
voters, representing. owning ana Young
property of the assessed valuation OF
.S,027. 10. voted AGAINST the said prop
ositlon; and
Whereas, the result of said special cleo.
ion was duly promulgated and proclaimed
by the Commissioners of Election OF the
Parish of It. Mary, in their proclamation
dated November A. d., l3US, ana
published according to law; and
Whereas the Police Jury OF the PARISH
OF st. Mary, in session regularly convened
| did, on the 9Th day Of April, a. D., l9o''
| adopt and pass an ordinance levylng the
said special tax of Two and one-half e. l-2)
mills ON the Dollar of the assessed valua-
ton of all property subject to taxation
thin the said Morgan City School Dis
trict, for the period OF Twenty COY years
commencing with and including the year
1909 (Nineteen Hundred and Nlne), tor the
purpose of building and equipping the SAID
Public school Building in and for SAID
| District, in or adjacent to the Town OF
VI 0rgan City, and
Whereas all of the ordinances, resolu-
| lions and proceedings aforesaid have been
published and promulgated according to
law; now therefore
Be it ordained that the aforesaid special
Tax of Two and one half q 10y mills on
the dollar Of the assessed valuation of all
property subject to taxation within the
said Morgan City school District. levied as
aforesaid for 20 Years commencing with
and including the year 1909, Nineteen
, Hundred and Nine. for the purpose or
erecting, constructing ana equipplnS a
Public School Building in. or adjacent to
the Town Of Morgan City, in and for said
school District, be, and the said special
| tax is hereby funded into Bonds, twenty In
number dated this day. bearing interest
at the rate of five ~ per cent per annum
I from this the date, payable semi annually
on the eth day of October and prll OF
| each year of the next ensuing 20 years,
| commencing with the semi annual pay
| ment due October 18th. 1909, which SAT-"
bonds shall be issued in pursuance of the
| authority and provisions contained in Act
No. "a Of the General Assembly of the
State Of Louisiana for the year 1906. and
which bonds are to be Of the following
denominations and shall mature, re-
spectively as follows. tO-wit:
| MOL. For Eight Hundred Dollars, ma
turing April It'll, 1910.
| Mop. For Eight Hundred Dollars ma
turing April 7th, 1911
| No3. For Eight Hundred Dollars ma
turing April eth, 1912.
| No4. For Eight Hundred Dollars ma
turing April 18th. 1918.
Nos. For One Thousand Dollars ma
turing April It'll, 1914.
| Nos. For One Thousand Dollars ma
turing April eth, 1915.
| Not. For One Thousand Dollars ma
turing April It'll, 1916.
| NoS For One Thousand Dollars ma
turing April 7th, 1917.
No9. For One Thousand Dollars ma
turing April It'll. 1918.
No 10. For Twelve Hundred Dollars
maturing April It'll, 1919.
| No II. For Twelve Hundred Dollars
maturing April 18th, 1920.
| No12 For Fourteen Hundred Dollars
maturing April 7th, 1921.
! No 10. For Fourteen Hundred Dollars
maturing April It'll, 1922.
No14. For Fourteen Hundred Dollars
maturing April 9TH, 1923.
| Nof5. For Sixteen Hundred Dollars
maturing April eth, 1924. !
No l6. For Sixteen Hundred Dollars
maturing April 18th, 1925.
No II. For Sixteen Hundred Dollars
maturing April eth, 1926.
No is. For Eighteen Hundred Dollars
maturing April eth, 1927.
No 10. For Eighteen Hundred Dollars
maturing April It'll, 1923.
No %. For Eighteen Hundred Dollars
maturing April It'll, 1923. "
SEC. ,. Be it further Ordained, ETC.,
| That the form and phraseOlogy of the said
bonds shall be substantially as follows, to-
wit:
i Series A. NO.............
State of Louisiana
The Parish Board of School Directors
Parish of st. Mary
Five Per Cent Bond.
FRANKLIN. La, April 7th, 1909.
On the Seventh day Of April Nineteen
Hundred ard. $500" u9...l the Par
ish Board of School Directors of the Par
ish of st. Mary, of the State OF Louisiana,
promise to pay to the bearer OF this Bond
the sum of...... Dollars
t>..... ........p in lawful money Of the
United States of America, payable at......
and further prom
ises to pay interest herein on the rate of
Five 10 per centum per annum from this
date until paid, said interest payable
semi annually on the 18th day Of October
and February, at the place aforesaid, upon
the surrender aud cancellation of the cOu-
pom hereto attached, as they severally
mature.
This Bond is \o........... of Series Of
20 Bonds denoted Series A. all of this same
date and tenor, and of these denomina-
ton maturing respectfully thus:
These Bonds, the total of which is
Twenty five Thousand Dollars are au-
thorized and issued pursuant to the Act
No. "a Of the General Assembly of this
state of 1906. and the Ordinance Of the
Parish Board of School Directors of the
Parish Of st. Mary. adopted on this eth
day Of April, A. D., 1909, in regular meet
ing assembled; and their principal and in
terest are secured by the appropriation,
pledge and dedication Of the Special Tax
of Two and one half e Ley mills on the
boliars Of the assessed valuation on all
property subject to taxation within the
Morgan tity school District levied for the |
period of twenty years. commencing with |
and including the year Nineteen Hundred |
and Nine 1901, as voted at the Special |
Election held for the purpose on Octoberi
18th, 1908.
In testimony whereof, the said Parish |
Board Of School Directors of the Parish of |