St. Landry clarion. (Opelousas, La.) 1890-1921, 1911-08-05

IL LHG O1llCc III I1S treasurer 4.=
at Opelousas, Louisiana, being
interest due on its school District
Police Jury Ward Bond No. /, dates
l, 1911.
CO.. THOMPSON, Treasurer.
section 8. Be it further resolved, etc,
That the proceeds of the sale Of the bonds
herein authorized and directed to be issued
shall be devoted exclusively to the purpose
Of purchasing Tor constructing two
public school buildings title to which shall be
vested In the public; or constructing two
public noe buildings and purchasing a
sitetheFefor, title to which shall be vested in
the public. One of the school buildings and
site thereforto be used for a white school,
and one of the school buildings and site
therefor to be used for a colored school.
To operate a transfer system to the white
| school in the town of Palmetto.
Section 4. Be it further resolved, etc.,
That the President of this Board Is hereby
authorized n directed to cause such pub
lie advertisement OF the proposed sale of
said bonds to be made as he may deem adj
visable, and he may, in his discretion, re-
ceive private or public bids forthe purchase
of said bonds; but the sale thereof shall be
luton of this Board. No bids for less than
par int accrued interest on said bonds shall
be considered.
Section 5. Be it further resolved, etc,
That in accord with the authority vested In
this Board by the vote of the majority of the
property taxpayers, qualified to vote there
on, at a special election, duly and regularly
held, a special tax of 81 mills on the dollar
of the assessed valuation is hereby levied on
all the property subject to State taxation in
Ward of Parish of st. Landry, State of
louisiana, beginning with and including
the year 1911 and for all subsequent years to
and including the year 1920, for the purpose
of paying n interest and principal of the
bonds herein authorized to be issued, and
the proceeds of said tax so to be solicited
h be sacredly devoted and applied to
the payment or SAID interest and principal
as same shall become due.
Section 6. Be 1t further resolved, etc.
That as said special taxes are collected and
received by this Board they shall be ap-
piled first to the payment of any interest or
principal of sale bonds then maturing and
any balance shall be set aside separate and
apart from all other funds of the Board and
shall be known as the General Sinking Fund,
which fund shall be invested from time to
time in such bonds or other securities as
may be authorized by law, but no invest
ment shall be made except when duly an.
proved by resolution OF this Board. ON
Jan. lst, 1912, and on the same date of each
year thereafter, there shall be set aside
from the General Sinking Fund for the paw.
ment of the principal Of said Bonds an
amount sufficient to pay lilo of the princt-
pal OF said Bonds then outstanding, which
said und when so set aside shall be known
as the Specific Sinking Fund and shall be
applied sacredly and exclusively to the
payment of the principal of sald bonds as
they mature.
State OF LOUISIANA,
Parish of St. Landry,
Personally came and appeared Before
me, the undersigned authority, G. ].
Thompson, who, being first by me duly
sworn, deposes and says that
he was on the 5th day Of July, 1911,
and is now Secretary of the Parish
Board Of School Directors of the Parish
of st. Landry, La, and hat the above
and foregoing is a true and correct
copy of the minutes Of meeting IF
said Board held on the 5th day of july,
1911.
CD. THOMPSON.
Thus sworn to and subscribed to be.
fore me, on this 10th day of July, 1911.
HENRY LASTRAPES, JR,
Notary Public.