The Era-leader. [volume] (Franklinton, La.) 1910-current, 1912-09-26

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~ Ille NO i.Is. o'uusl AZ no' 4Ss .'
lai "Lte' I'D poan1 1'',i w VI ",' ~
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'tl uiut,,ioii , u tm ''%t' i,e'1 ~, I"' 'l.o
Oollus uuT 'a''4 4J,,a1 'S. 1 IN. 'liI
Ss9 o. ~ T t 1.- 1N,, = -, ,1'o
ro'I'S' U"1 nr;zoa H.. +Lt, omIio W ,ta7i
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;"+ o p"r t ~ Of 1ho Sto+a rh,, no,r
- 49, - Vs., l".r'' and od,nrtii.;ro w ,a;,
~ nan sns. .Hol TO ,1Sn no MA ont NJ rln
" "".'uI s, 3itI''' '>-' ''''
''''lu '"',,' H., ... ,......,
III an ylA11 ~. i,oi ',,,e IA
SpcF.lieu' ne ',0',u h =" D a,i,'l t,,Ii
lhe state Icy. l.? ''c''"S .'sn i .'
power allo 'I' ~, w. ~, ~ r'l ''' '''
II w 's1olis ,,; ;t, ionnan, r., ,,,
49,, deg NUNS "'s,a w., '' ,,,"rS ~ h,noh,'
,heie shall 'e "nu .''o' ,,'hioh o' , uD
IL, leu oIl a. =, o ana ior va 49, an5,a,
tial s.a's '"I. ,a t'n tont,,, n,i,la no
.'A VI one .'n,s n,,,;oI, aha,, W.T. W. Savnt
NeI p'oI.oo. ". "o' 80 '', ~ ;,tS.on+
1 az W 'ne a; - p hnnds 70 ,ha navment
a'e VIZ aeiu aua w wv ;nIeh+nd.
~ tne lu 1 C,.+u ~ ~ w. w E,.on cnhoo,
MA y. &c uaa,;,,or,, I,nnd ana no 40.
u'iu, Y" 's Sroahan;aai Co,looa
1,oui'oi 'l .t aIu orn,an. ~ Tho nronor
unu, " ny ~. poard % in,iGa.
e e. -, VI ct ."e nont " oud ~ vac.
!nn VI .te &c., Dtn " nf n;nkine
t r. W ~ ~ on,,,ina on,uo,lv oycont
luiiu ~ We app ,,no0;a"d ~ t,o NV
as ne' 60 efi sa;S = nnds NV cola poarh at
''sSae - .a'" =. avooai Ona u,,nSrod
q Pm, nj. no' ~ aonrnaa ;n+erost IF
honds cannot ha purchased as afore-
so;d +ho sinrino fund shall he in
raStad NV tho Poard If Jjouidation
- ~ cto+o nah+ in sound interest
bearino SECURITIES nrod,1cine not less
than four mar centum nor annum in
tl'uos+ on +ba amount so invested or
donos;+od IN solvent hanks furnishing
odanua+o saonritv IN tho State IN he
annrOyed nv the said Board, at a
rate If interest not less than four per
cent,1m per annum. Said tax shall
he levied urti1 all Of said bonds shall
have been retired. but after the as
easements af the state reach the sum
~ Civ Hundred and Fifty Million Dol.
lars. said tax shall be reduced to
one mill and shall thereafter be re-
duced two-tenths of one mill Tor
each One. ffundred Million Dollars IN
crease in. assessments until the sad
tax shall re reduced to slx-tehths OF
one mill The said tax shall cohsu-
.u'e part M 'ne sM INNS, 'l,.iis VI ~ '' 40
I Con 4 Pc tlls'eo ~ 10 @su ~ ''
Ooi'S'l'u''oil
IN case 'he present a syst nso 81 ' tno
a.io , snali Is 'n %a h pe,o'e nain III;
salu b1l n snI'l nave nn ue1h pow NV
suffio;ont - nrodnco , ,crosc sim n
MT 1ass than Civ Hnndred and Tjfty
Tnousand Dol,ars tn take tho Mace n
said tax of ono and two-tenths mills
and it's reductions :"
"Tbo po,rd of 1,io,idation If tn.
o.otn ~. shou havo nowo, - sot
~ vnder 49, 10 Hn nnnd;tions ond l;mita
49, hnro;noetor nrov;dod +hn e.,
i l claims If Indebtedness mad.
Nv var;o,s nersons against the STATE
to.wit.
w., NJ ..,:. ~ o,,,,
/ ~ Ing O1ts'anu,ns oonu Us A4 NV.
q 1anS n ,,.;n,. eA. :s" az na ~;
s 1os t,a 1,' Soy ,Ssueu ~ GUY W
IaA ..'.:..-," ~. .o ..
~ Auo .;s, "atla"; ; aesueI ~ ~
t scnoo' ceFt .dc s 1000 @1 i"eo'eanes
unuer Ac1 40 Oh AooV' =
81 Certificates issued under Ae
IS q. 1880 Tor COSTS ana lees gu
to the officers OF the State.
(4) Warrants drawn prior to 1$S
. and flndable but not funded int
, Baby Bonds. s# iItI
(5) Warrants drawn after Januar
. O: 1880 against 1878 and previou
years. r.
D Provided. however that the owl
: ora or tho d,llv authorized tr,,stae
!, at the owners Of said claims ma
prior to January LIST. 1915. hut nc
thereafter. proceed against the Roar
: o. Liquidation Of the State Debt b
D rule. solely and exclusively in the di
t trict court Of the Parish Of Ea,
. Baton Rouge. to have the said claim