St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1913-01-18
tpwn. said bonds to bear interest 1t
the rate Of I'VE per centum per an
mum, interest payable annually, for
the purposes above stated; now there


fore.
Section ]. Be it ordained BY the
Mayor and Town Council Of the town
Of Vaudeville. in regular session a.
sembled, that a tar Of five mills on
the dollar Of the assessed value of
all Of the property subject to taxation
within the limits Of the town OF Nam
deville, be and the same is hereby
levied for the year 1913, and for
each subsequent year up to and in
GLIDING the year 1892, for the pur-
pose of constructing sea wall or
along the lake front Of
said town from Clausel to Carondelet
street, and filing in behind such sea
wall or breakwater, and for paying
the interest upon the bonds herein
after provided for, and to provide .
sinking fund for the payment and
retirement OF such bonds.
Section 2. Be 1t further ordained
ETC., That debt of Twenty Thousand
($10, O00D Dollars be and the same
Is hereby incurred for, IN the name
and on behalf of, the town of Man
|deville, for the purpose Of construct.
ing the work of public Improvement
designated In Section Of this ordi-
nance, and that, Is evidencing said
debt, negotiable bonds be and they
are hereby ordered and authorized to
be issued in the amount of Twenty
Thousand ($2O,000) Dollars, bearing
interest at the rate of five (5) pei
|centum per annum, interest payable
annually, to run for period of TWEEN.
" years, and issued in such denomi.
nations, and payable at such dates
les hereinafter designated, in conform
ity with the constitution and laws Of
the State Of Louisiana and that the
whole of the funds realized from the
mourning Of said debt and from the
sale Of bonds to be used for the pur-
pose of constructing D sea wall OF
breakwater along the lake front OF
said town from Clausel to Caronde-
let streets and filling in behind such
sea wall or breakwater, the title to oil
which works and improvements shall
vest In the town Of Vaudeville.
Section 3. Be 1t further ordained
ETC., That the Mayor and the Town
Clerk Of the town of Vaudeville be
and ley are hereby authorized, en-
VVWSAVO anu OA1 ONSOO " A0V0 pre-
pared, and to sign and execute, under
the seal Of said town, negotiable
bonds to be known and designated
~ 'sB0nds Of the Town Of Vaudeville,
Isl. Tammany Parish, Louisiana" said
bonds to be of the denominations Of
i've hundred $4,000 dollars each, I'd
be forty in number, and numbered
one ~ to forty (40), inclusive,
aggregating the sum Of twenty thou
sand ($20,000) dollars. dated 1918,
and bearing interest at the rate Of
five per centum per annum, interest
payable annually, on the first day Of
March of each and every year. after
the date thereof, until the payment
Of the principal sum, the principal
and interest to be payable at the Hi
hernia National, New Orleans, La,
the said interest evidenced by cou-
pons attached to said bonds showing
the amount Of annual interest due on
each Of said bonds until maturity.
which said coupons, however. may be
Executed by fac simile signature
of the Mayor and Town Clerk of said
town, and said bonds shall become
due and payable as follows, to-wit: