New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1914-03-21
therefore,

BE it ordained by the Board of
Trustees Of the City of New Iberia
that the Mayor of the City of
New Iberia be and he is hereby
authorized and directed to exc
cute and deliver to the purchaser
or purchasers thereof bonds OF
the City of New Iberia, payab'"
to bearer, in the aggregate to
amount Of Forty Thousand ($4n,
100000 Dollars, all in the demon
nation Of One Thousand ($l ,0O0N
Dollars and designated as pub
lie Improvement bond, series -,
and numbered from | to 40, both
numbers inclusive, and dated
March 2, 1914, and maturing as
follows, numbers to 3, inclusive
on February I, 1916 numbers 4
to 6. inclusive on February l,
1917; numbers 7 to 10, inclusive
on February !, 1913; numbers ! |
to II, inclusive on February !,
1919; numbers IS to 10, inclu-
sive on February I, 1920; mum
bers 20 to "a, inclusive on Feb
ruary !, 1921; numbers % to ~,
inclusive on February |, 1922 ;
numbers 80 to 81. inclusive on
February |, 1923; numbers IS to
40. inclusive on February !,
1924; all of said bonds bearing
interest at the rate of Five e.
per cent? per cent. per annum
from date, payable semi-annual-
ly on the first days of August
and February, until final pay
ment of the principal sums there.
of, as evidenced by interest cou-
pons attached thereto; and botn
principal and interest of said
bonds shall be payable at the
Office Of the Treasurer Of the City
of New Iberia in the City of New
Iberia, La, or at the Chase Ma
tional Bank. New York City, at
the option Of the holders thereof !;
and said bonds shall be signed
by the Mayor Of the City of New
Iberia and attested by the Clerk
of the City. provided, that said
interest coupons shall 'be anthem
ticated by the facsimile sigma
lures Of said Mayor and said
Clerk. 1t s provided that the
bonds and coupons herein au-
thorized shall be i'll the usual
form, and that said bonds shall
not be sold for less than par.
Section 2. Be it further Or
dained, etc, That there is here
by appropriated and dedicated
for the payment of interest on
said bonds maturing on August
!, 1914 the sum of Eight Hun
dred and Fifty ($S5O.OO' Dollars
or SO much thereof as may be
necessary, and for the payment
Of interest on said bonds matur-
ing On February !. 1915, there is
hereby appropriated and dedi
Gated the sum of One Thousand
ISL 100000 Dollars. both from
the revenues Of the year 1914,
and from funds not otherwise
appropriated; and that, proper
provision having been made for
the estimated necessary, statutory
and usual charges Of the City
chargeable against the revenues
Of the years 1915 to 1923, both ia
elusive, there is hereby dedicar
ed and appropriated for the pay
ment of principal and interes.
Of said bonds as hereinafter pro-
vided, the sum of Sixty Three
Hundred ($6300.OO) Dollars, or
50 much thereof as may be neces
sary, from the revenues Of each
Of the years 1915 to 1923, both
inclusive; and the City of New
iberia binds and obligates itself
TO appropriate and dedicate il
The budget of each Of the years
1915 to 1925, both inclusive, said
'um of Sixty Three Hundred
I$6300.0O) Dollars, or so much
h : may be necessary. for
he purpose Of paying the prince
pal and interest of said bonds
maturing and it is especially !
that the purchasers of
aid bonds will accept same on
he faith of said dedication and
appropriation; all in full accord
With the Constitution and Laws
# the State Of Louisiana.
THIS done, passed and signed
his the 5th day of March, a.
J.. 1914.
ALPHE FONTELTEU. !,
Mayor.
On motion of Mr. Vilermin, seconded
y Mr. Fontelieu, the meeting ad-