The Natchitoches enterprise., 1914-03-05
NATCHITOCHES, LOUISIANA THURSDAY MARCH 1914
lit the following proposition:

! necessary funds for the General eX-
penses, for each year 1913, and 1914,
same approximating tie sum of $780,
100000 for each year, by paying your
| original warrants as issued, same to
first registered by the Parish Ireas-
urer as of proper date without dis
count, each to bear interest at the
rate Of 5 per cent per annum, from
date of payment.
We will fu.nish you funds for your
! Special Bridge and Road funds up to
the amount as budgeted each year,
same to be secured by special pledge
of the tax or millage as the case may
be. and TO bear interest at the rate OF
S per cent per annum from the date
of said loan.
These loans and pledges to be made
by the Police jury or its proper Off
GERS and repayment of same to be
made by the same officers of the Po-
lice Jury out of the Funds of the
Current year.
All funds belonging to the Parish
handled either by the Police Jury or
any of its Committees, to be depOSi-
ted with US. same to be subject to
check of proper offices at, any time,
but not to bear anv interest.
Provided that the Police Jury bud
get for the years 1913 and 1914 not
less that Five Mills for General Fund,
purposes and not less than three quar-
ter for Good Road purposes
Provided further that in case we
are not selected as your Fiscal Agent,
in whole or in part that all monies
due US, from any source be paid in
full together with all interest accrued
we agreeing in case we are selected
as Fiscal Agents to take up all out
standing claims of the Parish, and
receive all deposits now in anV other
bank or banks whether of the Police
Jury proper or any Committee opera
ting for them.
Respectfully submitted.
(Signed)
The Peoples Bank Of Natchitoches,
La,
By S. H. Hill, Cashier.
NatchitOches, La. Feb. 24th 1914.
To the Honorable Police Jury of
the Parish of NatchitocheS, La.
Gentlemen:
In accordance with YOUR published
advertisement asking that banks To-
Gated in the Parish of ,NatchitocheS.
who desire to serve as the Fiscal
Agent of the Parish of NatchitOches
submit bids to yonr Honorable Body
on this date we beg to make the fol-
lowing statement or proposition:
we find on investigation that you
are in debt to the Peoble's Bank and
Exchange Bank of Natchlroches on
three of the Parish as follows:
General Fund Sl3,350 OF
DnricI Good Roa6S Il 1Q) n
Parish Bridge Fund 7:}454
Total 20,276.90
In additi IN to this there is due the
various rIaks by certain Wards and
SsT-.@isl All CTS about 6 aslIls &c tc dasee
We fins diiat the revenue of these
three funds from Feby 1918 to Feby.
1914 was as follows:
General Fund S29 33l.4
Parish Good Roads l4,665.7l
Parish Bridges 3762.96
The expenditures of the General
Fund were about S501.00 more than
the revenue during that period.
We submit the following PROPOSE
ton.
If we are appointed your Fiscal
Agent or one of your Agents we will
lend the Parish of NatchitocheS, dur
ing the next twelve months, the sum
of $29, 900 90 or any part of it, against
the General Fund, the sum of ST, 1872
"a or any part OF against the Parish
Good Road Fund this being the
amount you now owe on this FUND.-
and the sum of S3,250.OO or any part
of it against the Parish Bridge Fund.
Provided; That the Police Jury will
agree to have the Parish Treasurer.
Collector ETC., deposit with us all or
a portion of the funds of the Parish
of Natchitoches in proportion to the
amount of the loans made by us to
the Parish, and will execute the
notes of the Parish, bearing 8 per
cent interest for such sums as may
be borrowed for account of the Parish
Good Roads Fund and the Parish
Bridge Fund, and will agree and con-
tract that we shall be paid interest
at the rate of 5 pr cent on all regis
| tered Warrants against the General
Fund of the Parish of Natchitoches
| from the date on which We actually
pay these Warrants until such date
| as they shall be redeemed and paid
by the Parish Trea urer We to take
up at or all such warrants as may be
registered against this Bank up to
the amount we have agreed to lend.
And provided further: That the Po-
lice Jury does agree to budget and
does bugeJ from the Ten Mills re-
ceived by the Parish as follows:
) mills to the General Fund.
81 mill t. the Parish Good Roads
Fund.
4 mill to he parish Bridge Fund.
Respectfully submitted,
Merchants & Farmers Bank