St. Landry clarion. (Opelousas, La.) 1890-1921, 1911-11-25

G.. j. THOMPSON, Treasurer.
Section 5. Belt further resolved, etc.,
That the proceeds of the sale of the
bonds herein authorized and directed
to be issued shall be devoted exclusively
to purchasing or constructing two pub
lie school bnildings,one for white child
rem n n for colored children, titles
to which shall vest in the public; or
constructing two public school build
ings and purchasings sites therefor, one
for white children and one for
colored children titles to which shall be
vested in the public, same to be located
within the limits of the town site of
Lawtell, La.
Section 4. Be it further resolved, ETC..
That the President of this Board is
hereby authorized and directed to cause
such public advertisements of the pro-
posed sale of said bonds to be made as
he may deem advisable, and he may, in
his discretion, receive private or pub
lie bids for the purchase of said bonds;
but the sale thereof shall be made only
after approval thereof by resolution of
this Beard. No bids for less than par
anu accrued interest on said bonds
shall be considered.
Section .. Be it further resolved, ETC.,
That in accord with the authority
vested III this Board by the vote of the
majority, of the property taxpayers,
1 nb-~ SRSSAHA
election duly and regularly held, a spe-
cial tax OF five mills on the dollar of
the assessed valuation is hereby levied
on all the property subject to State
taxation in said School District No. 2,
9th Police Jury Ward of the Parish of
st, Landry, State of Louisiana, Begin
ming with and including the year 1911,
and for all subsequent years to and in
GLIDING the year 1920, for the purpose
of paying the interest and principal of
the bonds herein authorized to be is
sued, and the proceeds of said tax so to
be solicited shall be saeredly devoted
and applied to the payment of said in
terest and principal as same shall be-
come due
Sections. Be it further resolved, ETC.,
That as sand special taxes are collected
and received by his Board they shall
be applied first to the payment of any
interest or principal of said 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 in
vestment shall be made except when
duly approved by resolution of this
Board. On January LIST, 1912, and IN
the same date of each yea thereafter,
there shall be set aside from the Gene
raj Sinking Fund for the payment of
the principal of said bonds an amount
sufficient to pay one-tenth of the
principal of said bonds then outstand-
ing, which said funds 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 said bonds as they mature.
State Of Louisiana,
Parish of st. Landry. =
Personally.came and appeared before
me, the undersigned authority, G. j.
Thompson, who, being first by me duly
sworn, deposes n says that he was,
on the Goth day of November, 19I1,and is
now, Secretary of the Parish Board of
School Directors of the Parish of St.
Landry, La, and that the above and
foregoingi is a true and correct copy Of
the minutes of the meeting of said
Board held on the Goth day of Novem-
Der, 1911. G.. J.FH0MPSON.
Sworn to and subscribed before me
this 2lst day of November, 1911.
c.. P. Dunbar, Notary Public,