The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1913-10-31

TOWN OF WELSH,
NJ $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 OO.lOO Dollars
on the first day of November. A. d.
10. 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 LIST 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 Calcasleu
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 fineness, 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 irrevocably
pledged.
This bond is one of a 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. 281 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
s5 of 1905, Act 299 of 1908 and Act 81 Of
1908 of said General Assembly of the
State of Louisiana;
And it is authorized by vote OF
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 elec
ton duly and regularly called and held
in the said Town OF Welsh. Louisiana
on the 9th dav of September A. d. l9l;
in the manner prescribed by the ConSti
tuition and Laws of the State of LouiSi
ana.
1t is hereby certified and recited tina
all acts, conditions and things to b.
done by the Constitution and laws O
the State of Louisiana precedent to ant
in the issuing of this bond have beef
properly done and performed in regula
and due form as required by law;
!, IN TESTIMONY WHEREOF tn
Mayor and Trustees of the Town O
. Welsh, Jefferson Davis Parish, Louis
ana, have caused said bonds and cou
pons to be signed by the Mayor an
;, atteSted by the Secretary on this 1t
day of October, A. D. 1913.
(Signed) R. 5. GREER,
Attest: Mayor.
! A. E. LOGNIoN,
Secretary.
: FORM OF COUPON.
q No.. SIS
II On. LIST, 49,. the Tow
! of Welsh, Parish of Jefferson Davi
! State of Louisiana, will pay to til
: bearer hereof, the sum of $3.50, at tn
, Calcasieu Trust & Savings Banl
% Welsh, Louisiana, or at the Hanove
II National Bank, in the City of Ne
!. York, State of New York, being 81
:, months interest on that debt due @
:; Electric Light Bond No.. of IL
:, Town of Welsh, Jefferson Davis Paris
- Louisiana, dated November 1st. 1913.
:, RS. GREER, Mayor.
- A. E. LOGNION, Secretary.
- SECTION 3.
o. Be it further Ordained, ETC., that IL
proceeds of the sale of said bonds shs
- be devoted solely and exclusively f
!, the purpose Of establishing and CO
~ structing a a system of electric ligh
- in the Town of Welsh, Louisiana, til
80 of which shall vest in the public.
SECTION 4.
10 Be it further ordained, etc., that Il
= ordinance shall have full force a