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

to each bond, and both principal and
interest of said bonds shall be due and
payable in gold coin of the United
States of the then present standard OF
weight and innness. Said bonds shall
be signed by the President of this
Board and attested by the Treasurer OF
this Board, but said interest coupons
may be executed by facsimile sigma
lures of said President and Treasurer,
Section 2. Be it further resolved, etc.
That all of said bonds and all of said
interest coupons attached thereto shall
De IN substantially the following forms,
resdectlveiy:
United States of America,
State of Louisiana,
Parish of st. Landry:
&C.. $4,000
SCHOOL District No. 8, 5th Police Jury
Ward Bonds.
Parish Board of School Directors of the
Parish of st. Landry.
hneW all mon by these presents, That
the Parish Board of School Directors of
the Parish of st. Landry, State of La,
acknowledges itself to be indebted and
Tor value received promises to pay to
Dearer the sum of -Four Hundred Dol
lars on the lst day of September, 1912
together with interest thereon from
GATE hereof until paid, at the rate of five
per centum per annum, PAYABLE an
nually on the LIST day of September of
each and every year until final payment
hefeof, upon the presentation and sur
render of this bond and the interest
coupons attached, as they seYerally be-
come due.
Both principal and interest of this
DonQ are u and payable at the office
81 q treasurer of the Parish Board of
school Directors of the Parish of st.
Landry, State of Louisiana, in gold coin
OF the United States at the present
OF weight and tineness.
rms oond is one of a series of bonds
OF l date, tenor and amount issued
Tor the purpose of providing funds to
give aid to public schools, purchasing
or constructing a public school build
ing in School District No of the 5th
Police } ury Ward of the par
Ism or st. Landry, State of Louisiana.
n IN full conformity to Article 2S1 of
the Constitution of Louisiana and the
Statutes carrying same into effect, and
is authorized and approved by the vote
OF the majority in both number and
amount OF the property Taxpayers quail
lied to vote thereon, voting at a special
election duly and regularly called and
held in and for said School District No.
3, 9th Police Jury Ward, as provided by
the constitution and Statutes of Louis
lana.
1t is hereby certified and recited that
all acts, conditions and things required
by the Constitution and Statutes of the
state or Louisiana, precedent to and
necessary in issuing this bond have
been regularly done and performed:
that the total Indebtedness of said par
lsh Board OF School Directors for ana
on behalf of said school district no.3, 9th
police jury ward, does not exceed any
constitutional or statutory Limitation;
n that full and ample provision has
been made for the collection of a direct
property tax of five mills on the dollar,
annually, on all property subject TO
state taxation within the limits of said
school district no. 8. 9th police jury
ward, which said special tax is also au-
thorized and approved by the vote of
the majority in both number and
amount of til e property taxpayers,
qualified to vote thereon, voting at a
special election duly and regularly
called and held in and for said school
district no.3, 9Th police jury ward, as
provided by the Constitution and
statutes of Louisiana, and has been
specifically and ~irreVocably authorized
and dedicated to the payment of said
bonds IN principal and interest as same
shall mature.
In testimony whereof, the said parish
board of school directors of the parish
of st. Landry, state of Louisiana, has
S@ACSb = aSAA w bO 5lShO0 DY&1bS
president and attested by its. treasurer,
and the interest coupons hereto an
nexed to be executed by facsimile sig
natures of its president and treasurer,
this 1st day Of September, 1911.
o. p. DAILY, President.
Attest: Git thompson, Treasurer.
No. |. $4,000
On Sept. 1st, 1912 the parish board of
school directors of the parish of st.
Landry, state of Louisiana, will pay to
bearer $1,000 at the office of the Treas
urer Of said board at Opelousas, La,
interest due onits School District No. 8,
9Th Police Jury Ward, Bond Mol, dated
Sept. 1st, 1911.
o. P. DAILY, President.
G. j THOMPSON, treasurer.
section 8. Be it further resolved, etc,
That the proceeds of the sale of the
bonds herin authorized and directed to
be issued shall be devoted exclusively
to giving aid to the public schools, pur-
chasing or constructing a public school
building.
section 4. Belt further resolved, ETC.,
That the President Of this Board is
hereby authorized n directed to
cause such public advertisement of the
proposed sale of bonds to be madeas he
may deem advisable, and he may, in
his discretion, receive private or public
bids for the purchase OF said bonds but
the sale thereof shall be made only
after approval thereof by resolution of
this Board. No bids for less than par
and accrued interest on said bonds shall
be considered.
section 5. Be it further resolved, etc,
That in accord with the authority
bested in this Board by the vote of the
majority. of the property taxpayers,
qualified to vote thereon, at a sp1cial
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 so state taxa
ton in school district no. 8, 9th police
jury ward of the parish OF st. Landry,
state of Louisiana, beginning with and
including the year 1911 and for all sub
sequent years to and including the year
1915, for the purpose of paying the In
terest and principal of the bonds herein
authorized to be issued, and the pro-
ceeds of said tax SO to be solicited shall
be sacredly devoted and applied to the
payment of said interest and principal
as same shall become due.
section 6. Be it further resolved, etc,
That as said special taxes are collected
and received by this 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
1unQS OF the B0Aru d SndlL oo Known
as the General sinking Fund, which
fund shall be invested from time t.,
time in such bonds or other securities a.
may be authorized by law. but no in
vestmcnt thaIl be. made except when
duly approved by resolution of this
Board.
On Jan 1sts 1912, and on the same date
of each year thereafter, there snail be
set aside from the General sinking
for the navment of the priueinai
said Bonds an amount sufficient to
pay one-fifth of the principal of said
then outstanding, which said
when 40 set aside shall be known