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

l37-l44 $3.50 90 May 1st. 1885
SEC. 8. Be it further resolved, etc.
That each of said bonds and each of the
interest coupons to be thereto attac hed,
shall be in form substantially as follows.
tO-wit:
SCHOOL DISTRICT
| PARISH OF ST. MARY
| STATE OF LOUISIANA"
No........... $25O.O(
Know all Men by these Presents, Tha,
the Fifth Ward School District of the
Parish of St. Mary State Of Louisiana
acknowledges itself to De indebted and
for value received hereby promises to pay
to bearer the sum of Two Hundred and
Fifty (S25O.0O) Dollars of the First day of
May, 3d., together with interest on
said sum from the date hereof until paid,
al the rate of five per cent. per annum,
payable annually on the first day of May,
in accordance with and upon presenta-
ton and surrender of the interest cou-
pOns hereto attached as they severally be-
| come due.
| Both principal and interest of this Bond
are payable at The St. Mary Bank and
Trust Company, Franklin, Louisiana, both
principal and interest payable in lawful
money Of the United States of America.
| And for the prompt payment of this
bond and the interest as aforesaid, al ma
| turity, the full faith and guaranty of the
| Fifth Ward School District of the Parish
of St. Mary, State of Louisiana, are hereby
irrevocably pledged.
This bond is one of the Series of One
Hunered and Forty -Four (144) bonds of
like date, tenor and amount issued by the
School Board of the Parish of st. Mary,
Louisiana, for the purpose of providing
funds for building, furnishing, equiping
nj Nil -aLo L
the Fifth Ward School District of the Par
ish of st. Mary, under and pursuant to and
in full conformity with Article 2S1 of the
Constitution of the State of Louisiana, and
Act No. 236 of the Acts of the General As.
sombly of the State of Louisiana, for the
year 1910. and Is authorized by the vote OF
the majority in number and amount of the
property tax payers qualified as electors
under the Constitution and Laws of the
State of Louisiana, voting at an election
duly and regularly called and held in said
School District in the manner required by
the Constitution and Laws of said state.
And it Is hereby certified and recited
that all acts, conditions and things re>
quired to be done by the Constitution and
Laws OF the State OF Louisiana, precedent
to and in the issuing of this bond have
been properly done, happened, and been
performed in regular and due form and
time as required by law aud that the total
indebtepness OF said School District, in.
GLIDING this bond, does not exceed any
constitutional or statutorial limitation.
and that conformabIe to the provisions of
Article 2Sl of the Constitution of the State
of Louisiana, Bnd Act No. 256 of the Acts
of the General Assembly of the State of
Louisiana for the year 1910, provision is
made for the levy and collection of a di.
rect annual tax In addition to all other
tayes upon all OF the property within the
limits of Fifth Ward School District of the
Parish OF st. Mary, Louisiana, subject to
taxation, which said taxes will yield sui.
fcient amount to pay the interest hereon
as the same falls due, and also to paw and
discharge the principal hereof at maturity.
In testimony whereof, the School Board
OF the Parish OF st. Mary, State of LOUISE
ana, by its President and Secretary, duly
authorized by resolution of said Board.
adopted April......l9l2, has caused its
seal to be hereto affixed, and this bond to
be signed by its President and Secretary,
ecuted by the fac-simile signatures of its
President and Secretary this first day of
........, 1912.
''.''.'................ president.
''''''.......'. Secretary.
FORM OF COUPON.
No; $l2 so
District Of the Parish of st. Mary, Louis
lana, will pay to bearer the sum of Twelve
and 5O.1OO tS12.5O Dollars at The st.
Mary Bank & Trust Co., Franklin, Louis.
lana, being one years. interest that day
lue on its School Bond No....... dated |
May LIST, 1912.
-. OBSERVATION-DISCLOSURES. President
'''''.....'........... ....Secretary.
Each bond shall be signed by the Presi>
lent and Secretary of the School Board of |
ne Parish OF st. Mary, Louisiana, and
laid officers are hereby required to have
printed on the reverse side of the bonds
he following certificate:
"This bond secured by taxes. Regis.
cred on the......day of............l9i2,
.......s...............
Secretary of State;"
which said certificate, after the DELAYS
provided by law have expired, and In &C.
ordance with Section 81, of Act 256 of the
2anaral Assembly of thA State of Ionia; |