St. Landry clarion. (Opelousas, La.) 1890-1921, 1912-08-03

sentation aud surrender of this bond
and the interest coupons attached, as
they severa1ly become due.
Both principal and interest of this
bond are due and payable at the Office
of the Treasurer of the Parish Board of
School Directors OF the Parish of st.
Landry, State of Louisiana, lin gold
coin of the United States at the present
standard of weight and %fineness.
This bond is n Of a series of fifteen
bonds of like date, tenor and amount
issued for the purpose of providing
funds to purchase tor constructl a pub
lie school building at Port Barre, Lay
title to which shall vest in the public;
or, constructing a public school build
ing and purchasing a site therefor, IT,
tie to which shall vest in the public,
in Port Barre School District MOL
of the Parish of st. Landry.
State of Louisiana, and In
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
4 DdII5 EoC1OO1 bISbA Y INOs1g dS p1OVILCO
by the Constitution and Statutes of
Louisiana.
Tits hereby certified and reeited 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
~ L. X - 1.L 49, G1L~~1
District No.1does not exceed any con-
stitutiona1 or statutory limitation; and
that full and ample provision has been
made for the collection of o 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
approved by the vote of the majority
in both number an amount of the
property taxpayers, qualified to vote
thereon, voting at 8 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 irreyocably 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 Louisa
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 18th day of August, 1912.
Attest: G. J.. THOMPSON, Superin-
tendent and ex-Oficio Secretary.
O.P. DAILY, President.
No. /. $500
On the 18th day of August, 1918, the
Port Barre School District No of the
Parish Of SC. Landry, State of Louis
lana, will pay to bearer $500 Mt the
office of the Treasurer of said Board at
E0pelousas, Louisiada, being one years
interest due on Its Port Barre SCHOOL
DISTRICT No. / BOND No. l. dated
August 18th, 1919.
g. j. THOMPSON, Sup,t. and ex-Oficio
Secretary.
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 exclusive
" to Purchasing Tor co%nstructing) a
public school building at Port Barre,
La, title to which shall vest in the
public; or, constructing q public
school building and purchasing y site
therefor, title to which shall vest in
the public.
Section 4. Be 1t further resolved, etc,
that the President of this Board is
hereby authorized and directed to
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 or
~, LIZ aH Kills Fxr 80 @-S1 i
hondSr but the sale thereof shall be
made only after approval thereof by
resolution Of this Board. No bids for
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
Of the property tax payers, quail
to vote thereon, at a special cleo
of five mills on the dollar Of the
assessed valuations hereby levied on
ell the property subject to State taxa
ton in said Port Barre School District
/ OF the Parish of st. Landry, State
1f Louisiana, beginning with and in
the year 1917, and for all sub
;eqnent years to aud including the year
I9Zl, for the purpose OF paying the int
srest and principal Of the bends herein
authorized to be Issued, anti the pro-
leeds of said tax SO to be solicited shall
1e sacrediy devoted to and applied to
he payment of Said interest aud prin-
.ipal as same shall become due.
Section s. Be it further resolved, etc.
That as said special taxes are collected
nd received by this Board they shall
10 applied first to the payment of any
interest or principal of said bonds then
aatnring and any balance shall be set
side separate and apart from all other
unds of the Board and shall be known
! the General Stalking Fund, which
and shall be invested from time to
me In such bonds or other securities
5 may be authorized by law, but no In
estnent shall be made except when
uiy approved by resolution Of this
GARD.
On January LIST, 1918, and on the same
ata date of each year thereafter, there 1
laIl be set aside from the General I
Fund for the payment of the ]
of said Bonds an amount
Efficient to nav one tenth of the prin-