St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-12-02

to b and said bonds to run tor
pelf ten years, beginning Win
the 1911, and to dedicate the
avaiilhe residue of the ten mills
that Md Mayor and Town Coun,
Gil slitted to levy, for the SAID
perlo4en years.
Anareas,. there still remains
after Ivy. of the said seven and
one-halls on the dollar upon all
ta1ablepe.rty within the corpor-
ate limf the said town of Gov
ington general revenue purpos-
es, two one-half mills of the ten
mill taxhorized by Article 2S2 OF
the Cons ion of the State of Lou
isiana, Ted May 70, 1898, and
which stown through its town
council ithorized to levy and I'M
pose ann for revenue purposes.
Tkerefbe it resolved by the
Mayor arTown Council OF the
town of lgton, Louisiana, That
the availsthe residue of the ten
mill tax, orized by the Consti-
I, tuition andys of the State OF
Louisiana, so much thereof as
may be merry to make the sum
of $10,00and the additional
amount or necessary to pay the
interest the1 said amount be and
the same is aby dedicated and set
aside for iod of ten years be-
ginning with year 1911 and end
ing with th4ear 1921, which
amount of Thousand dollars SO
dedicated anet aside out of the
avails Of thesidue of said ten
mill tax for tyears herein speci-
fed and fixed for the purpose OF
erecting and structing a public
school house hin the corporate
limits of the 1. town of Coving-
ton, the title thich shall be vest
ed in the pub1iIB
! Be it furthersolved, ETC., That
the said amoulof ten thousand
dollars herein deated and set aside
as specified hey and above DC
bonded. That 1btiable bonds te
the said amounbf ten thousand
dollars be issueSy the town Of
lCovington. Said fnds to run fol
a period of ten yes beginning will
the year 1911, ansaid bonds shall
be signed by the Nor and the sec
Iretary of the toWcouncil of tn
town of Covingto1and they shal
bear interest at tlrate of 5 pc
cent per annum frodate. Interes
| to be paid sem.nnually. Sal
bonds shall m; ture the time, sha
| be numbered and Sill be for sue
sums or amounts is hereinafts
specified and set for
Be it further rested etc., TIL
the bond issue herei provided to
shall be divided intond represen
ed by twenty bonds, tmbered fro
, No. 1 to No. 20, bothnclusive, al
the amount or denomhtion of ca
: of said bonds shall bfor the su
LOT five hundred dolla. That t.
of said bonds, beginng with t
lowest serial numbers hereof, sh
mature and become duand payal
the LIST day of Decembr 1912, a
that on the same date 4 each "
thereafter, two of said bonds sh
mature, and become de and p'
able, according to Their serial nu
> Der, and so on for eachof the s
ten years said ,onds areto run
: til the entire ,eries of said bol
: shall have mattred.
Be it further resolved etc., T
two mills, or 81 much thereof O
that may be necessary, of the resi-
: of the said ter mill tax the tt
! of Covington authog ii65eea an
e pose j. pl hsFeFllyi tuated in the t
: of Covington, I'd the years !.
1912, 1913, 1914 1915, 1915, Is
1918, 1919, 1910 and 1921,
= that the avails, amounts, or sum
y rived from the evy and collec'
= of this two mills, or SO much the
= as may be deemd necessary, to
= levied for each of the said y
!. herein above specified and fixed
e hereby dedicated md set aside
; the sole purpose Of paying the
terest on the said bonds and the 7
cipal of said bonds as they
d ture, and shall not be Used for
= other purpose. And the tax col
d or of the town of Covinston is b
It by empowered, authorized and
r dered to collect in addfio.4 to
e seven and one-half mills lsvied
e general purpose of providing
a enues, and the four mills SPECIAL
for school purposes the sad
i, mills on all taxable property situ
1t within the corporate limits Aof
t. town of Covington, for the
v herein fixed, beginning With the
t, 1911.
t, Be it further resolved, etc
b. the amount or funds realized
e. the sale of the bonds herein Pr
ed, shall not be used for any K
purpose than to erect and conf
I'd a public school house within thu
v porate limits of the town of Cd
so ton. And the said bonds b
y, shall not be sold for less than
O. F.. G.. MARRERO
es N. M. HEBERT, JR. May
to Secretary.
G, It was moved by Emile
b. coudray, seconded by Leon HI
"a that the above resolution be a
x, ed. Upon which motion the Il
at ing voted yea: Robert l.. Al
d. Emile Beaucoudray, Leon H
lg Paul J. Laeroix and J. Louis S
lie The following voted nay: =
J. Absent-M. P. blanche. Car
he It was moved by Robert l.. A
b. seconded by Leon Hebert, tina
council do now adjourn, subje
as call, to consider the water
,rt proposition, and such other blu
as as may come before the coun
at a regular session thereof.
is. ried.
nd F. G.. MARRERC
w. N. M. HEBERT, JR., Ma.
IA. Secretary.
he CHARTER
- IF Tho