St. Landry clarion. (Opelousas, La.) 1890-1921, 1909-12-04

-~~W~T lNEITEW ~ E[ET FTT1T
that all acts conditions, and things nee
essary TO be DONE precedent to he ia
suing Of said bonds, have been dana
happened and performed In due form. M
required Dy the laws and Constitution
of the State OF Louisiana that the Dro-
eeeds OF the special tax dedicated Ia tiIs
payment OF said bonds, estimated upon
the tax rolfso Of said School District No,
69Itae Seventh Police Jury Ward OF
said Parish, for the wear in which Il !
eax is voted; that liz to say 1909. will b{s
ample for the payment OF said bonds,
principal and interest. as they mature
and that the fund thus deniested shat
not be diverted to any other purpose
whatsoever SO long as any bond of the
series shall be outstanding and unpsid,
Passed November Path, 1909.
9. Z. DAILY, President.
~C.J.THOMPSON, Secretary.
On motion OF Mr.. Erich the follow
ing ordinance was adopted.
ORDINANCE NUMBER SEVEN al.
Providing for the Issue of honda to fund
the proceeds of special taxes voted
and carried by School District Num-
Der / of the Seventh Police JurY Ward
Of the Parish Of Saint Landry, STATE
of Louisiana, for certain public pur-
poses.
E=WEE EHtAE$
Whereas, under the authority OF Arti-
Gle 232 of the Constitution OF the State
of LonisianR and the laws carrgingsShe
same into effect, School District Num-
Der | of the Seventh Police Jury Ward
of the Parish of st. Landry, State Of
Louisiana, at an election duly and
regularly called and held on the 10th
day Of July, 1903, voted and carried u
special tax of 8 mills on the dollar to be
levied for ten years beginning with the
year 1903, for the purpose of acquiring
school grounds, of building and equip
ping a school house, and of doing such
other things as ma be necessary for
the establishment of q good public
school at Mamou, a village in the Par
ish of st. Landry, Louisiana, the title of
said school property to be vested in the
public, in pursuance to law in such
cases made and provided; and
Whereas, the Police Jury, on behalf of
said School District did Immediately
pass an ordinance levying such tax, and
for ten years specified in the petition
for said levy, designating the years in
which said tax shall be levied and col
lected, viz: Ten years beginning with
the year 1908; and
Whereas, the sum of the ayails of said
special tax, estimated upon the tax rolls
| of the year 1909 will exceed $2905.0 100, ono
Itenth of which sum will be available on
the LIST day of January, 1910, and one
tenth each year thereafter, on January
LIST in each year, to and including Janu-
airy Isf, 1919; and
Whereas, the proceeds of said special
taxes have not been funded into bondsi
now, therefore,
Be it ordained by the Parish Board Of
School Directors Of the Parish Of Saint
Landry, State of Louisiana;
Sec.1 That for the purpose of fund.-
4 ~ 1 = %N4 harAc h%n~ - 80 o1nA. ~ = j; n 80
eial taxes there be issued bonds under
authority Of Act No. 81, 1906, in the sum
OF two thousand two hundred dollars,
as hereinafter provided.
Sec. Q. Said issue shall consist of
twenty-five bonds of the denomination
of $4,000 each, numbered c~ons8cutiyely
from | to 22fnclusiVe, dated January lst,
1910, and shall become due payable
as follows: One bond for 800 shall be-
come due and payable on January LIST,
1911; one bond for 500 shall become due
and payable on January lst, 1912; two
bonds for 500 each shall become due
and payable on January LIST, 1913; two
bonds for 500 each shall become due
and payable January lst, 1914; two
bonds for 500 each shall become due
and payable January Ist, 1915; two
bonds for 500 each shall become due
and payable January LIST, 1916; three
bonds OF 500 each shall become due and
payable January LIST, 1917; three bonds
Of 500 each shall become due and pay
able January LIST, 1918; three bonds Of
500 each shall become due and payable
January LIST, 1919; three bonds of 500
each shall become due and payable
January LIST, 1920.
Section 8. Said bonds shall bear In
terest st the rate OF five per cent, per
annum, from their date, payable an
nually on the last day of January Of
each year, the several ingtallments Of
Interest to be evidenced by coupons 1T
tached TO said bonds, and both principal
and interest shall be payable in gold
coin of the United States of America of
the present standard Of weight and
~ineness, at the office of the Treasurer
of the Board OF School Directors OF said
Parish, IN O~pelousas, Louisiana.
Section 4. Said bonds and interest
coupons shall be issued in substantially
the following form and phraseology;
United States oi America,
State of Louisiana,
Parish of st. Landry.
SCHOOL TAX FUNDING BOND.
Series Ii. s,oomI
No. /. V0
Know al1 men by these presents:
That the Parish Board of School Direct
ors of the Parish OF st. Landry, State OF
acknowledge itself indebted to and
promises to pay bearer, the sum OF one
hundred dollars, on the first day OF
January, 1911, with Interest 1t the rate
of five per cent, per annum, from date
hereof, payable annually on the first
day Of January of each year, as evi.
deneed by and upon the surrender or
s~sveaaIly become due. Both principal
and In terest of this bond are payable In