New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1913-06-21

The following resolution was
introduced hu Mr. Landry, sec
ondeJ by Dir. Boykln and car
ried by the following yea aud
nav vote. Yeas Messrs. King.
Bovkin. DeBlanc. Decourt. Gary.
Landry. Romero (0. Nays
Messrs. Delcamhre, Druilhet,
Gates CD.
A resolution aud o,dinsnce making NJ
approximation ~ Fur'v Thousand Dollars
in ten annual ins'allmsuts of -Four Thou
ssnd Dollars, with four per cent interest
per annum, for the purpose OF construct
ing aud maintaining public highways
th,onphou, the Parish Of Iberia. aud pro
vi,iior fo, the funding into bonds of ths
appropriation stated.
Hection / he il ordained and resolved
by the Police jury Of iberia Parish, that
for the purpose Of constructing and main'
tanning n systrm Of puh'ie highways
throuvhout the Pa,ish Of iberia. an ap'
p,op,iation Of Forty Thousand Dollars u
hereby made, devihed aud payable in IN
stallmepts Of -Four Thousand Dollars each
year. bearing four per cent interest per
annun. which a, pror,iation hereby made
shall he budgeted each year snd provided
for out of the awaits Of the residue OF the
ten mill tay authorized by Article 2a2 o'
the Constitution Of the State Of Louisiana
after making provision for the payment
of all statutory and ordinary charges.
seeijop 2. he II further ordained and
resolved hy the Police Jury OF Iberia
Parish. that the residue Of the Ten mil
tss authorized bv Article 939 of the Con
stitntion Of Louisiana after making pro
vi lions for the payment OF statutory and
o,djps,y charges for the wears 1ela 1913
1916. InI7 1918. 1919, 1920, 1921. 1922
and 1923 shall be aud the same is hereby
i,,eyoeably dedicated TO the payment oi
the sum Of -Four Thousand Dollars eaet
yesr during said yeas, With four per ce,
in,erast rer pnnum on the aggregate
amount herein appropriated and tstano
/ & each wear during the period OF year'
enumerated.
peotion , be IL further ordained and
resolved by the Police Jury of iberia Pst-
i-h that the appropriation OF Fort,
Thousand Dollars, with FIVE peI cent in
teres, per annum, herein named shall
funded iuto four hundred bonds with an
uual interest coupons attached. Eaet
bond being Tor the sum OF Oae Hundred
Dollars. aud being seripl bonds from Que
To 400 inclusive, bearing Ave per cent in
tprest per spnum, payable annually. AMI
bejup dated Ian lot, IDA, 1915, lel6
1917, 1918. 1919. 1920, 1921, 1922 ard 1924
the bonds to be retired each year to bt
| in their numerical order, beginning will
| number ].
Hectiop 4 be 10 further ordained and
resolved by the Police Ju,y OF iberia Par
isb. that lhe President aud Secretary ol
| the Police Jury shall adopt the form, yer
bjspe and stvis Of the bonds and coupons
herein provided for and shall sign the
| same. A facsimile signature oftbe Prrsi
dent and Secretary may be used Tor the
| coupons.
aecti IN 3, be II further Resolved snt
ordained by the Police Jury of lheri'
Parish, that the proceeds Of the bonds
her. in provides for shall be used solsl,
for the purpose of constructing and man
tanning n system Of public highway
throughout the Parish Of iberia, aud shsl
not be diverted or used for any ether put
pose, aud that the purpose hereof is t.
aopform with Article 2si OF the eonstitu
tjop Of the State Of Louisiana with refer
apoe to an appropriation and bonds fo
the construction Of highways, and that ne
in na,lyettapcp, omission or ambiguity II
these presents shall effect the validity o
| said bonds, and that any purchaser o.
purchasers thereof will he assumed t
| have purchased the same upon the solem,
4 declaration thar the Police jury OF lbstii
| Parish will At any aud al times do what
aver may be eneumbeut or necessary &
u, omptly retire the said bonds as they re
spectively mature. and pay the interes
coupons likewise as they respeetvel.
| m stura.
Section q he II further resolved an
ordal ned BY the Police Jury OF lberia Par
| ish that the bu 'gst drawn aud prepared
by the Police Jury each year during N
per,ed Of years herein enumerated sbal
ipelade aud provide for an annual sun
adequate and sufficient to ray the intetes
coupons aud forty bonds each year du,
Ing the years herein enumerated, but tha
amy failure 10 40 budget shall In no wis
or manner effect the pa, ,ment OF III
bonds 10 bs retired each year togethe
with the inter st coupons due; and tbs
| iyrespeetive of the budget an amount sui
acient aud adequate for this purpose
hereby irrpvocably dedicated for the yeai
iQt4, 1915, 1919, 1917, 1918, 1919, l92'
1921, 1929, 1929
| II A. KING President
W l. BURKE, Secty.
Il