St. Landry clarion. (Opelousas, La.) 1890-1921, 1912-04-27
BOND ORDINANCE

Whereas at a special election held in ae-
eOrdanee with the Constitution and Law OF
the State OF Louisiana, On Thursday. the
24th day Of august, 1911, In and for the
First Sewerage District OF the City Of Opel
ouSas, Louisiana, the proposition TO levy
and assess q special tax OF two and one
half mills on the dollar annually. for a
period OF forty (40) years, commencing
with and including the tax levy of the ear
lsi1 on all property subject to state taxa.
ton in said First Sewerage District of this
city OF OpelouSaS, Louisiana, and the prop
osition TO incur debt and issue bonds of
said First Sewerage District OF the City of
0pelousas, La, In the sum of forty thou
sand dollars $4,000 ,00l, were submitted to
the property tax payers legally authorized
TO vote at ouch election under the Constitu-
ton and Laws of the State OF Louisiana.
and a majority thereof in both number and
amount voted in favor of said propositions;
and,
or Sewerage Commissioners of the First
sewerage district of the City OF OpeIoRsas,
Louisiana. in accordance with the author
ity conferred upon said Board at said cleo
ton, adopted an ordinance levyfng a spe-
cial taxo of two and one hall mills on the
dollar pes annun, for 2 period of forty (40t
years, commencing with and including the
year 1911, upon the assessed valuation IF all
property subject to state taxation, situated
IN said First sewerage District OF the City
of Opel0usaS, La, for h purpose OF con-
tracing for, acquiring, laying ana install
ling q sewerage plant and all necessary ap-
~purtenanceS thereto, and operating n
t1aIIlEaiI1lR tile S6NEIaS G system III Sdid
First Sewerage District OF the City of Opel
ousaS, La. the title to which shall vest in
said First Sewerage District OF the City of
opeIousas, La, and to pay the principal
and interest OF such bonds as may be is
sued for said purpose; and,
Whereas. on February 24th. 1912, said The
Board OF Sewerage commissioners OF the
First Sewerage District of the City Of opel
0usas, La adopted a schedule relating to
the of forty thousand dollars
f$40, G00) in amount OF bonds, authorized at
said election of August gath, 1911, in which
1t was provided, among other things, that
ali of said bonds should be dated October
LIST, 1911; that the denomination of each
bond should be five hundred dollars tS500I,
with interest at five per cent per annum,
payable annually on October Ist of each
year, to lie represented by interest cou-
pons, and further providing the date for
maturity OF all or said forty thousand dol
lars $40, 090l IN amount OF bonds.
BE It ordained ny the Board ;of Sewerage
Commissioners of the First Sewerage Dis
tTict OF the city of 0pelousas, La, IN meet
ing duly convened
Section I. That the President and Secre-
tary OF the Board of Sewerage Commits
SiOnerS of the First Sewerage District of
the City of OpelOusas, La, be, and they are
hereby authorized and directed 10 have
repaired and TO execute under the seal of
said board, eighty (s0) negotiable bonds to
be known and designated as :tSewerage
Bonds OF the First Sewerage District of the
CITY OF Opelousas, La n numbered
from ~ to eighty t60), both inclusive,
and Of the denomination of i've hundred
hundred dollars (S50G.00} each, dated the
HrSt day OF october 1911, and bearing In
terest at the rate OF five per cent per an
mum, payable annually on the first day of
October of each and every yeaT until pay
ment OF the principal sum The principal
n interest of said to be payable at
the office of the Interstate Trust Il Banking
Co., New Orleans, La, and said bonds TO be
numbered and become due and payable as |
follows. to-Wit: