The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1913-11-07

standard OF weight ana nneneSS. !
Said bonds shall be signed by the
Mayor and counter.signed by the Secre.
tary and they shall be numbered and
registered as No.. giving the
number of bond issued commencing
with No. l.
SECTION 2. |
Be it further ordained, etc., that
each OF said bonds and each Of the
coupons to be attached there
to shall be substantially in the follow
ing form, to.Wit:
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
TOWN OF WELSH,
No. ... $4,000.
Electric Light Bond of the Town of
Welsh, Louisiana.
Know all men by these presents that
the town OF Welsh, in the Parish OF
Jefferson Davis, State of Louisiana,
acknowledges itself to be indebted,
and, for value received, hereby promises
to pay the bearer hereof, the sum of
Ond Hundred and O0-100 Dollars
on the first day of November, A. D.
H.. together with interest on the
said sum from date hereof until paid,
at the rate of Five (5) per cent. per
annum, interest payable Semi.annually
on the Isl day of May and list day of
November of each year, in accordance
with and on presentation and surrender
of the interest coupons hereto attached
as they severally become due.
Both interest and principal OF this
bond are payable at the Calcasieu
Trust & Savings Bank, Welsh, Louisi.
ana, or at the Hanover National Bank,
in the City of New York, State of New
York, in gold coin of the United States
of America, at the present standard of
weight and flneness, and for the prompt
payment of these bonds, with interest
as aforesaid, at maturity, the good
faith and credit of the Town of Welsh,
Parish of Jefferson Davis, State of
Louisiana, is hereby irreyocably
pledged.
This bond is one of series of One
Hundred and Fifty bonds of like tenor,
date and amount, issued by the said
Town of Welsh, Parish of Jefferson
Davis, State of Louisiana, for the pur.
pose OF providing funds for establish.
ing and constructing a system of
electric lights in the said town. title to
which shall vest in the public under
and pursuant to and in full conformity
with Art. 2S1 of the Constitution of the
State OF Louisiana, and with Act las of
1902 OF the General Assembly of said
State OF Louisiana. as amended by Act
95 OF 1905, Act 299 of 1908 and Act 317 of
1908 of said General Assembly of the
State of Louisiana;
And it is authorized by a vote of a
majority in number and amount of the
property tax payers of said Town of
welsh Louisiana, qualified as electors
under the Constitution and laws of the
State of Louisiana, voting at the cleo.
ton duly and regularly called and held
in the said Town OF Welsh, Louisiana,
on the 9Th dav of September A. D. 1918
IN the manner prescribed by the Consti.
tuition and Laws of the State of Louisi.
ana.
1t is hereby certified and recited that
all acts, conditions and things to be
done by the Constitution and laws OF
the State of Louisiana precedent to and
in the issuing of this bond, have beer
properly done and performed in regula,
and due form as required by law;
| in TESTIMONY WHEREOF the
Mayor and Trustees of the Town oil
Welsh, Jefferson Davis Parish, Louisi
ana, have caused said bonds and cou
pons to be signed by the Mayor ant
atteSted by the Secretary on this 7tl
day of October, A. D. 1913,
(Signed) R. S. GREER,
Attest: Mavor
| A. E. LOGNION,
Secretary.
FORM OF COUPON.
No.. 81 81
| On. ........ LIST, 49,. the Towr
| OF Welsh, Parish of jefferson Davis
State OF Louisiana, will pay to the
bearer hereof, the sum of $3.50, at the
Calcasieu Trust & Savings Bank
Welsh, Louisiana, or at the Hanoye,
National Bank, in the City of New
York. State of New York, being 81,
months interest on that debt due OF
Electric Light Bond No. 49,. of the
Town OF Welsh, Jefferson Davis Parish
Louisiana, dated November lst 1913.
| R. S. GREER, Mayor.
i A. E. LOGNION, Secretary.
/ SECTION 3.
i Be it further Ordained, etc., that thu
| proceeds of the sale of said bonds shall
be devoted solely and exclusively fol
the purpose of establishing and con
structing a system of electric lipht.
in the Town of Welsh, Louisiana, title
OF which shall vest m the public.
| SECTION 4.
i Be it further ordained, etc., that thi,
ordinance shall have full force ann
effect from and after its adoption.
i Adopted October 7th, 1913.
i R. S. GREER, Mayor.
| A. E. E0GNION, Secretary.