The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-12-18
DOLCE JURY PROCEEDINGS.
Ordinance No. 62 r.

shown by the certlfca'e Oh Tue "sS-
esq., and, ., :,
M reason to apprehehd any material
decrease in said assessed valuation IN
the next ten years, and,
Whereas, the average of eight
mills per annum on the dollar was
sufficient for all statutory and ordi-
nary charges for the preceding four
years; and,
Whereas, an annual levy of an
EIGHT mill general property tax on
the dollar of assessed valuation IS
Calculated to be sufficient 70 pay all
statutory and ordinary charges of
said Parish of Caldwell for the next
ten years, and,
Whereas, there is then estimated
TO be a residue between such neceS-
sary annual levy and the ten mill tax
authorized under Article 232 of the
Constitution of 1913 exceeding one
and one-half mills per annum and
Whereas, the said one and one
half mills per annnm on the
taxable property of said parish will
amount in ten years to twenty
eight thousand dollars, ($2S,OOOoO)
total, approximately, and
Whereas, it is the sense of this
Police Jury that for the purpose
of aiding in the construction of the
Columbia Rayville" highway and
the columbia -Colfax" highway, now
under construction under the super
vision of the State Highway Depart
ment, and, repairing the bridges on
said highways, including the Ouach-
tia steel bridge at Columbia, La, one
and one-half mills Of said residue shall
be set aside during the years 1914 to
1923 both inclusive, and should be fund
ed into bonds to run for period GOV
ering ten years, payable at the rate Of
81, 900 per year beginning 1915, and to
bear interest at the rate of 5 per cent.
per annum, payable semi-annually, and
which should not be sold for less than
par, and,
Whereas, the Police Jury is the
governing authority through which
such tax should be levied, and bonds
issued, according to law, and Article
29I OF the Constitution Of 1913
NOW, THEREFORE BE IT OR
nAINED BY THE POLICE JURY OF
CALDWELL PARISH, LOUISIANA,
in regular session convened:
Section /, That bonds of the Parish
of Caldwell in the aggregate sum of
$40, 600, to be designated Road and
Bridge Bonds Of Caldwell Parish, La.
are hereby authorized and directed to
be issued Said bonds to be dated Oc-
tober LIST, 1914, to become due and pay
able in serial order at the rate of 81, 900
in each of the years 1915 to 1924 both
inclusive, to bear interest at the rate
Of 5 per cent. per annum, payable
semi-annually, both principal and in
terestto be payable in lawful money
Eof thdL Unitsd States of Americas at the
if the First National BankNin the
city 81 Chicago. Illinois, and to be of
the denomination of 1000 and num-
bered from one (1) to twenty (20) in
elusive. Interest on said bonds to be
evidenced by suitable coupons attached,
which coupons may be executed in the
original or Autographed fac-simile sig
natures of the President of the Police
Jury and the Clerk of the Police Jury.
Said president and clerk are hereby
authorized and directed to cause said
bonds to be printed, and when so print
ed to be signed by said President of the
Police Jury and attested by said Clerk
under the seal of said Parish. Said
bonds to be in substantially the follow
ing form, to-wit:
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
! PARISH OF CALDWELL,
ROAD AND BRIDGE BOND
No.-- $1,000.
KNOW ALL MEN BY THESE PRES
ENTS, that the Parish of Caldwell in
the State of Louisiana, for value re-
ceived hereby promises to pay to bear
er on the first day of October, 3D.
the principal sum of ONE THOUSAND
DOLLARS in lawful money Of the
United States of America with interest
thereon at the rate of per cent. per
aanum, upon presentation and surren.
der of the annexed interest coupons as
they respectively become due. Both
principal and interest of this bond is
hereby made payable at the office of
the First National Bank in city of
Chicago, Illinois, and for the prompt
payment Of both principal and interest
of this bond, the full faith, credit and
resources of said Parish of Caldwell is
hereby irrevocably pledged.
THIS BOND is one of a series of
20 bonds of like date, tenor and effect,
Except as to maturity numbered from
to 20 both inclusive, issued by the
Parish of Caldwell as representing ar
Indebtedness incurred for the purpose
of aiding in the construction of roa Is
and bridges in said Parish, under au.
thority Of Article 2Sl of the Constitu.
ton of the State of Louisiana 1913,
and by further authority of Article 23z
Of the said Constitution and Ordinances
duly passed and adopted by the Police
Jury of Parish according to law, au
thorizing such issue, and is recorded ir
the mortgage records of the Parish Of
| Caldwell.
AND 1T IS HEREBY CERTIFIED
AND RECITED, that all acts, thing:
and conditions required by the consti
tuition and laws of sal State to be done
precedent to and in the issuance of this
bond have been done, happened ano
been performed as required by law.
IN TESTIMONY WHEREOF, thu