St. Landry clarion. (Opelousas, La.) 1890-1921, 1913-07-19
school Board Proceedings.

-. n. Larcade offered the follow
h.aolution and moved its adoption:
ing AN ORDINANCE.
p-oviding for the issuance and sale OF
echooE bonds of OpeIousas School
n;sfrict No. Police Jury Ward
4 the Parish of st. Landry, La. to
ha amount of Fourteen Thousand
nolIars out of the Twenty Thousand
DoIIars of the Surplus tax remain
ing from the tax voted at the special
noSooI fax election held in said dis
arsct On the 10Th of June, 1912, after
nroviding for the payment OF the
E;ytv-fiye Thousand Dollars of
bonds and interest thereon, already
funded from said tax; said bonds to
r,,n not longer than ten years from
date beginning with the year 1913
and to bear interest not exceeding
five Der cent per annum, payable
annually, for the purpose Of supple
meuting the fund already on hand
IN he used in the construction and
ao,Iinment of the central school
Snnildiug now contracted for and
soon to be erected in the City OF
0nelousas, La, title to which shall
be in the public.
whereas, at a special election duly
III regularly held in Opelousas School
n;stict No. /, 1st Police Jury Ward OF
Ne Parish of st. Landry, La, on the
sesh day Of April, 1913, in conformity
a.;sh ! resolution of this Board ordering
"a election, there was submitted to
~ vote of the property taxpayers en-
s;tIpd to vote in said 0pelousas School
n;sfr;ct No. 1, 1st Police Jury Ward of
IL parish of St. Landry, La. a PROPOSE
ran TO incur additional debt and issue
heads to the amount OF Fourteen
Tbausand Dollars out OF the Twenty
Thousand Dollars of the surplus tax re-
nnaiuing from the tax voted at the
snecial school tax election held in said
ristrict on the Doth day of June, 1912,
aster providing for the payment of the
"a mo 90 of bonds and interest there
M already funded from said tax; said
bends to run not longer than ten years
from date and to bear interest not ex-
reeding five per cent per annum pay
able annually, for the purpose OF supple-
menting the fund already on hand to be
contracted tor and 500 to be erected
n the city of Opelousas, La, title to
which shall vest in the public, and,
Whereas, the mourning of said debt
and the issuance of said bonds for said
burmese was duly authorized by the
vote of a majority in both number and
amount Of votes cast at said election;
and,
Whereas, said debt has not been in
cured or said bonds issued:
Section /. Be it resolved by the
Parish Board of School Directors OF the
Parish Of st. Landry, La, that the
President and Secretary of this Board
be and they are hereby authorized and
directed to have prepared and to exc
cute in the name of the Parish Board
IF School Directors of the Parish OF st.
Landry. La, for and on behalf OF Opel
ousas School District No. 1, LIST Police
Jury Ward of said Parish of st. Landry,
La, twenty eight (2Sl negotiable bonds
numbered from l to %, both numbers
inclusive, and in denominations OF Five
Hundred Dollars each, bearing date
July It'll, 1918, and maturing and being
due and payable as follows:
Four bonds of $4,000 each on July
Tth. 1918. Four bonds of $4,000 each
on July 7th, 1919. Five bonds of $4,000
each, 1920, 1921, 1922, 1923, respec-
lively, or five to ten 5 to 10
years after their date, bearing
interest at the rate of five per cent per
annura, payable annually, on the 9TH
day Of July of each and every year, the
PAYMENT Of the principal to be made as
Stipulated above, until the payment OF
the principal sum thereof; both princi-
pai and interest of said bonds to be
payable at the office of the Treasurer
Of the Parish Board of School Directors
u the Parish of St. Landry, La, in the
City of OpeIousas, La, and said bonds
shall be known as O~peleusas School
District No. i, 1st Police Jury Ward
Bonds.
The interest on said bonds shall be
evidenced by proper coupon attached to
each bond, and both principal and In
terest of said bonds shall be due and
payable in gold coin of the United
States OF the then present standard OF
weight and fineness. Said bonds shall
be signed by the President OF this
Board and attested by the Secretary OF
this Board, but said interest coupons
may be executed by facsimile sigma
lures of said President and Secretary.
Section 2. Be it further resolved etc.
That all said bonds and all of said inter
est coupons attached thereto shall be
substantially in the following forms,
respectively:
UNITED STATES OF AMERICA,
STATE OF LOUISIANA
PARISH OF ST. LANDRY.
No. /. $780, 90
0PELOUSAS SCHOOL DISTRICT NO.
/ 1ST POLICE JURY WARD
paNrn1 ar rITY, n nAD