St. Landry clarion. (Opelousas, La.) 1890-1921, 1913-11-08

nual interest due on its Street Paving
and Improvement Bond, dated July LIST
1918, No.
Mayor.
Clerk
Section 4. That three mills of the
ten mills tax authorized by Article 2332
OF the Constitution of the State ofLouis-
lana, for each of the nine years begin
ming with the year 1914 and ending with
the year 1922, both inclusive, be and
the same are hereby specifically and
irrevocably authorized and dedicated to
the payment of the debt of Thirty-one
Thousand Five Hundred Dollars
1881, 500. OO) hereinabove incurred, and
the principal and interest of the bonds
evidencing said debt and hereinabove
fully described and authorized to be
executed and issued.
Section 5. That for the assurance of
the purchaser of said bonds, and of all
future owners and holders thereof, it is
hereby certified, recited ard declared
that the facts stated and allegations
contained in the title and preamble to
this ordinance r true.
Section 6. That the Mayor be and he
is hereby authorized to negotiate for
the sale of said bonds to sell the same
on such terms he can obtain, provided
that same be sold for not less than par,
and said Mayor is hereby further
to dispose of said bonds at a
private sale If he thinks best.
Section Z. That all ordinances or
resolutions of the Mayor and Board of
Aldermen contrary to or inconsistent
with this ordinances and particularly its
Bond ordinance heretofore adopted but
not carried into effect, being ordinance
No. 5 of 1918, adopted May 9th, 1913, be
and the same are hereby repealed, and
that this ordinance for good and suffi-
Gent reasons shall take effect from and
after its PRONUNCIATION.
Approved October %, 1913.
Mayor.
Clerk.
The above and foregoing ordi-
nance was read, considered and
section by section, and
a vote was then taken on its
final passage, by Yeas and
Nays" and each vote entered
and recorded on the minutes by
The Clerk, as follows, to-wit:
D. P. Blacksher votes Yea"
Louis L. Daniel votes YEA"
G. 2. Dunbar votes Yea
DR.. j. A. Shaw votes Yea
Simon Sicily votes Yea"
Each member present having
voted Yea and there being no
Nay recorded. and all mem
,ers being present, the Mayor
declared said ordinance adopted,
unanimously, and as a whole.
The following resolution was
Introduced by Alderman L. l..
and its offering seconded
y Alderman c.. P. Dunbar, and
fter being reduced to writing
vas submitted to a vote by the
to-Wit:
Whereas, Mayor E.. L. Loeb
as reported to the Board Of
that he has heretofore
old the issue of $31, 500 of 5 per
ent Street Paving and Improve
lent Bonds Of the City of Ope-
,usas authorized to be issued
nder rdinance No. 20ll
dopted this day, to the
rm of Hoehler & G m
of Toledo, Ohio, at par
18th accrued interest to date Of
elivery, subject to the app royal
{ che legality of the issue by an
ttorney selected by the pur-
naser, and said bonds to be
under the direction of the
urchaser. the amount of said
expenses to be deducted from
le price and being fixed at the
sum of Eighteen Hun
red a n d Ninety Dollars
81, .00) and
Whereas, the Board of Alder !
en- considers said sale an adj
antageous and satisfactory one1
view Of the present condition
the bond market;
Therefore, Be It Resolved, by
le Mayor and Board of Alder
of the City Of Opelousas,
ouisiana, that the action of the
ayor as set forth in the pre-
nble hereof be and it is hereby
,proved; and the contract Of
lie made by him as aforesaid
and it is hereby ratified and
nfirmed.
The Mayor then submitted the
,ove resolution to a vote, and
e roll was called and a Yea
I'd Nay vote taken and re-
rded on the minutes as follows:
P. Blacksher votes Yea
,uis L. Daniel votes Yea" C.
Dunbar votes Yea" DR.. j.
Shaw votes YEA" and Simon =
o1l,, -,n+oc kCUon - .~4 81