The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-04-13

ana, for the year 1910, shall be signed BY
the secretary of state, for the state o
Louisiana, and attached thereto the grea
seal Of the state Of Louisiana.
SEC. 4. Be it further resolved, ETC., tina
the bonds to be executed and issued a!
hereiuabove provided, as evidencing the
debt of Thirty-siX Thousand 1886, 900. 90
Dollars, incurred in the manner and fol
purposes herelnaboye setforth, shall bt
issued as is hereinabove provided, ant
that May LIST. 1914, be and the same i.
hereby fixed as the period at which sale
bonds shall begi to mature: and that the
denomination Of the bonds and the period
and numbers of their respective retire
ment be in conformity with section Two
of this resolution.
SEC. 5. Be it further resolved. etc.
That the President Of the school Board be
and he is hereby authorized to sell the
said bonds herein provided for, and tina,
the proceeds of said bonds shall con.
s.itute trust fund and shall be devoted to
and used exclusively fer the purpose OF
building High school in the Town OF
Patterson, situated in the Fifth Ward
school District Of the Parish Of st. Mary
and also to build two other school houses
in said school District at places to be de.
nish and equip and maintain said school
houses when so constructed; the title to all
of which shall vest in the school Board OF
the Parish Of st. Mary, state of Louisiana,
in accordance with the resolution OF this
Board, adopted November 6, 1911, andl sub,
mitted to the vote of the property tax pay
ers of said school District at an election
held on December IA, 1911, the result
whereof was promulgated by the school
ing held for said purpose, on the 18th day
of December, 1911. No sale of said bonds
shall be made for less than their par value
and the accrued interest thereon from May
1st, 1912.
SEC. Be it further resolved, ETC., That
this Resolution shall be published in the
Official Journal Of the Parish Of st. Mary
in the manner provided by Act 256 of the
General Assembly of the state of Louisl>
ana for the year 1910, and it shall be the
duty of the President of the school Board
to cause said publication to be made.
SEC. I. Be it further resolved, etc..
That in accordance with the provisions of
Article 2Sl of the Constitution of the state
of Louisiana, and Act No. 256 of tho Acts
Of the General Assembly of the state OF
Louisiana for the year 1910, and in accord,
ance with the vote of the property tax
payers, qualified as electors of the Fifth
Mary, state Of Louisiana, at the election
held on the 14th day of December. 1911, a
tax of three [3l Mills on the dollar of the
assessed valuation Of all of the property
subject to taxation within the limits of the
Fifth Ward School District of the Parish
of st. Mary, Louisiana. be and the same Is
hereby levied for the year 1912, for the
purpose Of paying the interest to be due
Oh the bonds herein provided for on the
LIST day of May, 1913, and to provide for
the sinking fund to meet the retirement
OF the bonds maturing on the LIST day OF
May, 1914.
Thus done, read, adopted, approved and
signed in open session, at Franklin, st.
Mary Parish, Louisiana, on this 10th. day
of April, 1912.
WILSON MCKERALL, President.
D. N. FOSTER, Secretary.
The white schools were ordered
closed on May 10th, and the COL
ored schools on June 7th.
There being no further business
the Board adjourned.
D. N. FOSTER, Sect'y.