St. Landry clarion. (Opelousas, La.) 1890-1921, 1912-09-07

18th day Of September, 1913, together
with interest thereon from date herof
until paid, at the rate of i've per
cantnm per annum, payable annually
on the 18th day Of September OF each
and every year until final payment.
hereof, upon the presentation and sur
render of this bond and the interest
coupons attached, as they s~everaily be-
come due.
Both principal and interest of this
bond are due and payable at the office
of the Treasurer of this Parish Board of
School Directors or the Parish Of st.
Landry, State of Louisiana, in gold coin
Of the United States at the present
standard of weight and fineness.
This bond is one of a series OF bonds
oflike date, tenor and amount issued
for the purpose Of providing funds to
purchase, or construct public school
buildings, titles to which shall vest in
the public; or, constructing p ub1ie
school buildings and purchasing sites
therefor, titles to which shall vest in
the public, in School District No.2 1st
Police Jury Ward of the Parish of ST.
Landry, State of Louisiana, and in full
conformity to Article 281 of the Consti-
tuition of Louisiana and the Statutes
carrying same into effect, n is au-
thorized and approved by the vote of
DA1O !" INV $500
amount of the property tax payers quail
flied to vote thereon, voting at . special
election duly and regularly called and
held in and for said School District No.
Q, LIST Police Jury Ward, as provided by
the Constitution and Statutes of Louis
ana
Its hereby certified and reeited that
all acts, conditions and things required
by the Constitution and Statutes OF the
State of Louisiana, precedent to q n d
necessary in issuing this bond, have
been regularly done and performed;
that the total Indebtedness of said Par
irh Board of School Directors for and
on behalf of ssid School District No. 2,
Ist Police Jury Ward, does not exceed
any constitutional or statutory liinita-
ton and that full aud ample provision
has been made for the collection of a
direct property tar of three mills on
the dollar, annually, on all property
subject to State taxation within the
limits of said school District No. 2, 1st
Police Jury Ward, which said special
tax is also authorized and approved by
the vote of the majority in both NUM-
Der and amount of the property tax
payers, qualified to vote thereon, vot-
ing alta specfAI election duly u reg
ularIy called and held in and for said
School District No. 2, LIST Police Jury
Ward. as provided by the Constitution
and Statutes of Louisiana, a has been
specifically and irrevocabiy authorized
/ and dedicated to the payment OF saia
bonds in principal and interest as same
shall mature.
In testimony whereof, the said Par
ish Board of school Directors OF the
Parish of St. Landry, State of Louis
ana, has caused this bond to be signed
by its President and atteSted by its
Secretary, and the interest coupons
hereto annexed to be executed by fac
simile signatures Of its President and
secretary, this.15th day Septembe, 19l2
/ O.P. DAILY, Presid snt.
Attest: e. j. THOM PSON, supt. and
ex-Officlo Secrertay.
No. j. $1,000
On September 18th, 1912. School Dis
trict No. 2, 1st Police Jury Ward OF
the Parish .ofSt. Landry, State of Louis
lana, will paw to bearer $1,000 at the
office of the Treasurerof said Board at
0peIousas La, being one years inter-
est on its SCHOOL DISTRICT No. 2,
Ist POLICE JURY WARD BOND No.
/, dated september 18th, 1912.
@. P.DALY, President.
G. y. THOMPSON, supt. and ex-0ficlo
Secretary.
Section 8. Be itfurther resolved, etc.
That the proceeds of the sale of the
bonds herein authorized and directed
to be issued shall be devoted exclusive
ly TO purchasing, or constructing pub
lie school buildings, TITLES to which
shall vest In the public; or construct
ing public school buildings n pur-
chasing sites therefor. titles to which
shall vestin the public.
Section 4. Be it rurttiier resolved, etc.
That the President of this Board is
h e r e by authorized and directed to
cause such public advertisement of the
proposed sale of said bonds to be made
AS he may deem advisable, and he may,
in his discretion, receive private OF
public bids for the purchase of said
bonds; but the sale thereof shall be
made only after approval thereof oy
resolution Of this Board. No bids for
less than par and accrued interest on
said bonds shall be considered.
Section s. Be it furthe r resolved. etc.
That in accord with the authority vest
ed in this Board by the vote of the ma
jority, of the property TAXPAYERS, quail
fei to vote thereon, at a special election
duly and regularly held. a special tax
of three mills on the dollar of the as
sessed valuation is hereby levied on all
the property subject to State taxation
in said School District No. 2, LIST Police
Jury Ward. of the Parish of st. Landry,
/ State of Louisiana, beginning with and
including the year 1912 and for all sub
sequent years to and including tile
year 1921, for the purpose of paying
the interest and principal of the bonds
herein authorized to be issued, and the
proceeds 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 s.. Be it further resolved, etc.
That as said special taxes are collected
/ n ~ n HronaIya9 Nv fhiC&R nur H ~ n a u 80 h3l 4
be applied first to the payment of any
interest or principal of said bonds then
ma turing and any balance shall be sci
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 suchsbonds Or other securities
as may be authorized by law, but M
investment shall be made except when
duly approved by resolution of this
Board.
On January 1st, 1913, and on the same
date Of each year thereafter, there SHAH
be set aside from the General Sinking
Fund fer the payment of the principal
OF said Bonds an amount sufficient TO
pay one-tenth or the principal Of said
Bonds then outstanding, which said
! funds when SO set aside shalt he known
as the Specific Sinking Fund and shall
! he applied sacredly and exclusively Ii
the payment Of the principal OF said
bonds as they mature.
CERTIFICATE.
State Of Louisiana,
Parish of st. Landry.
Personally came aud appeared before
me, the undersigned authority, g. j.
THOMPSON, Whn, 41elag first by Inc duly
sworn, depases and SAYS that he
was on the at1I day Of August, 1912, aud
It's Iott Laaraf - : - fgS4 e tS,Erf.fYT ll1n rC