St. Landry clarion. (Opelousas, La.) 1890-1921, 1912-07-27

Both principal and interest of this
bond are due and payable at the ofic9
of-the Treasurer of the Parish Board Of
School Directors of the Parish OF 81.
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 fifteen
bonds of like date, tenor and amount
issued for the purpose of providing
funds to purchase for construct pub
lie school building at Port Barre, La,
title to which shall vest in the public
or, constructing a public school build
ing and purchasing q site therefor, IL
tie to which shall vest in the public.
Of the Parish Of st. Landry,
State of Louisiana, and in
full conformity toArticle 2Sl Of the
Constitution Of Louisiana and the
Statutes carrying same into effect, and
is authorized and approved by the vote
Of the majority in both number and
amount of the property taxpayers
qualified to vote thereon, voting at a
special election duly and regularly
called and held in and for said Port
Barre School District Mol as provided
BY the Constitution and Statutes OF
Louisiana.
tits hereby certified and recited that
all acts, conditions and things required
by the Constitution and Statutes OF the
State of Louisiana, precedent to and
necessary in issuing this bond have
been regularly done and performed:
that the total Indebtedness of said Par
ish Board of School Directors for and
on behalf of said Port Barre School
District No. does net exceed any con-
stitutional or statutory Limitation; and
thatffuil and ample provision has been
made for the collection of a direct
property tax of five mills on the dollar.
annually, on all property subject to
State taxation within the limits of said
Port Barre School District No. ], which
said special tax Is also authorized and
approved by the vote of the majority
in both number an amount OF the
property taxpayers, qualified to vote
thereon, voting at . special election
duly and regularly called and held in
and for said Port Barre School District
No. /, as provided by the Constitution
and Statutes of Louisiana, and has been
specifically and irrevocabIy authorized
and dedicated to the payment of said
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 Louisfa-
ma, 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,
smile signatures of its President and
Secretary, this 10th day OF August, 1912.
tendent and ex-Officio Secretary.
o. p. DAILY, President.
No. /. $3.50
On the 18th day of August, 1918, the
Port Barre School District MOL OF the
Parish of ST. Landry, State Of Louis
lana, will pay to bearer $500 at the
office of the Treasurer OF said Board at
EOpelousas, Louisiada, being one years
interest due on its Port Barre SCHOOL
DISTRICT No. | BOND No. l, dated
August 10Th, 1912.
|C. j. THOMPSON, Sup,t. aud ex-Officio
O. p. DAILY, President.
Section 8. Be it further resolved, etc.
That the proceeds of the sale Of the
bonds herein authorized and directed
TO be issued shall be devoted exclusives
Iy to Purchasing 10 co~nstructing) q
public school building at Port Barre,
La, title to which shall vest in the
public; or, constructing a public
school building and purchasing 8 site
therefor, title to which shall vest in
the public.
Section 4. Be it further resolved, etc,
that. the President of this Board is
hereby authorized and directed to
cause such public advertisement OF the
proposed sale OF said bonds to be made
as he may deem advisable, aud he may,
in his discretion, receive private or
public bids for the purchase of said
bondsr but the sale thereof shall be
made only after approval thereof by
resolution of this Board. No bids for
less than par and accrued interest on
said bonds shall be considered.
Section s. Be it further resolved, ETC.,
That in accord with the authority vest.
ed In this Board by the vote of the ma
jority, of the property tax pay eTs, quail
flied to vote thereon, at special cleo
ton duly and regularly held. q special
tax Of Eve mills on the dollar OF the
assessed valuations hereby levied on
all the property subject to State taxa
ton in said Port Barre School District
No. / of the Parish 81 St. Landry, state
Of Louisiana, beginning with and in
Guiding the year 1912, and for all sub
sequent years to aQd including the year
1921, for the purpose Of paying the int
crest and principal OF the bends herein
authorized TO be issued, and the pro-
ceeds Of said tax 50 to be solicited shall
be sacredly devoted to and applied to
the payments of said interest aid prin-
cipal as same shall become due.
Section 6. Be 1T further resolved, ETC.,
That as said special taxes are collected
and received by this Board they shall
be applied first to the payment of any
interest or principal Of said bonds then
maturing and any balance shall be set
aside separate and apart from all other
funds Of the Board aud shall be known
a. the General sinking Fund, which
be invested from time TO
time in such bonds or other securities
may be authorized by law, but no in-
shall be made except when
dnly approved BY resolution Of this
Board.
ON January LIST, 1918. aud on the same
date date of each year thereafter there
shall be set aside from the tieneral
Sinking Fund for the payment or the
principal of said Bonds nm amount
an 1ffcient To paw one tenth sof the mxin-