St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-12-16

a period of ten years, beginning with
1.-The year 1911, and to dedicate the
/ ~ails of the residue of the ten mills
at the said Mayor and Town Coun-
81. is permitte | to levy, for the said
, period of ten years.
And whereas, there still remains
after the levy CT the said seven and
cne-half mills On the dollar upon all
taxable property within the corpor-
ate limits of the said town of Gov
:ngton for general revenue purpos-
es, two and one-half mills of the ten
mill tax authorized by Article 232 OF
tbs Constitution of the State OF Lou
:siana, adopted May IL, 1898, and
which said town through its town
council is authorized to levy and I'M
pose annually for revenue purposes.
i Therefore be it resolved by the
.-ayor and Town Council OF the
tcv1 of Covington, Louisiana, That
nc avails of the residue of the ten
mill tax, authorized by the Const1-
tuition and laws of the State OF
Louisiana, or so much thereof as
may be necessary to make the sum
of $4,000, and the additional
amount or sum necessary to pay the
interest thereon said amount. be and
the same is hereby dedicated and set
aside for a period of ten years be-
ginning with the year 1911 and end
ing with the year 1921, which
amount of ten thousand dollars so
dedicated and set aside out OF the
avai1s of the residue of said ten
mill tax for the years herein specl-
fed and fixed, is for the purpose OF
erecting and constructing a public
/ school house within the corporate
limits of the said town of Covlng-
ton, the title to which shall be vest
ed in the public.
Be it further resolved, etc., Inat
the said amount of ten thousand
dollars herein dedicated and set aside
. as specified herein and above pc
bonded. That negotiable bonds to
the said amount of ten thousand
dollars be issued by the town OF
Covington. Said bonds to run for
period of ten years, beginning with
the year 1911, and said bonds shall
t be signed by the Mayor and the sec
F.. rotary of the town council OF the
town of Covington, and they SHAH
2 bear interest at the rate of per
:. cent per annum from date. Interest
e to be paid semi-annually. Said
: bonds shall mt ture at the time, shall
be numbered and shall be for such
sums or amounts as hereinafter
4 specified and set forth.
= Be it further resolved etc., That
the bond issue herein provided for
= shall be divided into and represent
4 ed by twenty bonds, numbered IRON
- No. / to No. 20, both inclusive, ane
~ of
g of said bonds shall be for the sun
h of five hundred dollars. That tWt
q of said bonds, beginning with th'
Q . lowest serial numbers thereof, shal
mature and become due and payable
, the LIST day of December 1912, ant
= that on the same date of each yea
= thereafter, two of said bonds shall
= mature, and become due and pay
: able, according to Their serial mum
- Der, and so on for each of the sal
" ten years said bonds are to run un
- til the entire series of said bond
)" shall have matured.
Be it further resolved, etc., Tha
II two mills. or so much thereof onl
~ that may be necessary, of the residu
of the said ten mill tax the tow
~ lof Covington is authorized to i'm
~ pose, is hereby levied upon all tn
~ taxable property situated in the tow
ae of Covington, for the years 1911
1912, 1913, 1914, 1915, 1916, 1911
- 1915. 1919, 1920 and 1921, an
~ that the avails, amounts, or sum d.
- rived from the levy and collectio
of this two mills, or so much theret
- as may be deemed ne ossary. to h
1e levied for each of the said veal
o. herein above specified and fixed,
~ hereby dedicated and set aside fc
y the sole purpose of paying the il
terest on the said bonds and the pril
eipal of said bonds as they MI
nd ture, and shall not be used for al
" other purpose. And the tax collec
nd or of the town of Covington is her
ut by empowered, authorized and o
ar dered to collect in additio.. to tt
he seven and one-half mills levied fl
ue general purpose of providing re
va enues, and the four mills special t;
for school purposes the said tV
IN, mills on all taxable property situate
lat within the corporate limits Of tt
pit town of Coyington, for the yea
W herein fixed, beginning with the ye
TT, 1911.
TT, Be it further resolved, etc, TIL
tn. the amount or funds realized fro
ae. the sale of the bonds herein provi
ed, shall not be used for any 9th
purpose than to erect and constru
nd public school house within the &C
ov- porate limits of the town of Gown
so ton. And the said bonds here
ry, shall not be sold for less than ps
ro- F. G.. MARRERO,
les NJ M HERERT JR Mayor
to Secretary.
ng, It was moved by Emile Bea
lb- coudray, seconded by Leon Hebe
that the above resolution be adol
,ix, ed. Upon which motion the folio
hat ing voted yea: Robert L. Aube
ed. Emile Beaucoudray, Leon Hebe
ing Paul J. Lacroix and ]. Louis Smi'
lille The following voted nay: MOI
j. Absent-M. P, Planche. Carried
The 1t was moved by Robert L. Aube
Alb seconded by Leon Hebert, that t
council do now adjourn, subject
vas call, to consider the WaterWor
ert proposition, and such other busint
as as may come before the council
at a regular session thereof. C'
Els. ried.
md F. G. MARRERO,
ov- N. M. HEBERT, JR., Mayor
ma, Secretary.
,ro-
the CHARTER
Of "a