The Natchitoches enterprise., 1914-03-05
Proceedings Special Police Jury
Meeting.
Tuesday Feb. 24th, 1914.

President PierSOn presiding ana al
members present except, Mr., Cocker
ham, Mr.. Page and Mr.. Cockfeld.
By Mr.. Pierson; seconded by Mr.
Williams:
Resolved that We change publ,
road now running on east side of X
track to the west side distance o
approximately (i) one quarter mile
beginning at lower City limits OF
Cane River and running diagOnallN
across X. r property thence parallel
with r. r. and connecting again will
dirt road. Provided the X. X. Co.
will stand an expense of building
road and putting crossing. and done
under supervision of President.
Yeas. MesSrs: PiersOn, Williams
Adams. Knott, Parker, Derbannt
ard Russell.
Carried
Moved and seconded the Hon Pol
ice Jury adjourn until o'clock p. n
"EVENING SESSION."
The Hon. Police Jury met pursuant
to adjournment with president Pier.
son presiding and all members present
except, MeSSrS. Cockerham, Page and
| Cocktield.
BY Mr.. Iierson, seconded by Mr.
Russell:
That whereas the Committee ap
pointed by the Police Jury has ad-
vertised for and invited bids from
Banks in this Parish to become Els
cal Agents and deDoSitorieS Of Parish
Funds.
And whereas there has been re-
cpivpd three bias that of the People s
Bank, that Of the Exchange Bank
and that of the Merchants & Farmers
Bank. Natchitoches La. they being
the same proposing TO carry the over
draft of the Parish and to accept the
Fiscal a5ency of the Parish and to
! become deDOSitofies of the Parish
Funds a copy of which said proposal
and bids is hereto attacked and made
J a part OF this resolution.
Therefore be il resolved that the
SAID proposals and bids Of the said
three banks are accepted by this Com
mittee acting for the Police Jury of
/ NatchitocheS Parish Louisiana as per
! resolution of date Jan'y 7th 1914. And
| said Banks are hereby contracted with
poSitories of Parish Funds, Under
their respective bids and proposal for
a period and term Of one year from
this date.
And copy of this resolution be
| handed to each bank and that the
minutes of this resolution be recorded
and advertised according to law.
Yeas: Messrs: Williams. Adams,
Knott, Parker, Derbanne and Rus
sell. NAYS; None
Carried.
NaLchitoches La, Febsy 24th 1914
To the Hon. 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
Agents of the Parish of NatchitOches
submit bids to your Honorable Body
on this date, we beg TO make the fol.
lowing statement and proposition.
We find on investigation that you
are in debt to the Peoples Bank and
the Exchange Hank of NatchitocheS
on three of the Parish Funds as fol.
lows:
General Fund Sl3, 3,350.02
Parish Good Roads 6,l92.34
Parish Bridge Fund 734.54
Total 800, ,276.9O
In addition to this there is due The
various banks by certain Wards anC
Special FunQS about S3000.00 to date
We find that the revenue Of these
three funds from Feb'y. 1918 to FebY
1914 was as follows:
General Fund $29,33l.94
Parish Good Roads l4.665.7l
Parish Bridges 3,762.97
The expenditures of the Genera
Fund were about So0D.o0 more thar
the revenue during that period.
We beg to submit the following
propositions:
If we are appointed your Fisca
> Agent or one of Your Agents We viii
lend the Parish of Natchitoches, dur
ing the next II months. the sum o
S29.O00.00 or any part of it, agains
the General Fund. the sum of So, 1872.
81 or any Part of it. against the Pan
! ish Good Roads Fund. tIhis beiE
the amount you now owe on thi
fund and the sum OF So, 250 90 or an
part of it, against the Parish Bridg
Fund.
Provided that the Police Jury vi
agree to have the Parish Treasure
Collector. etc deposit with US all c
a portion of the Funds of the Paris
of Natchitoches, in proportion to th
amount of the loans made by US t
the Parish, ami will execute the note
of the Parish bearing 5 per cent inte
est, for such sums as may be borrOwe
for the account of the Parish Goo
Roads Fund and the Parish Bridg
Fund and will agree and contract ths
we shall be paid interest at the raj
of s per cent on all Registered Wa
Y rants against the General Fund of IL
Parish of Natchitoches from the dat
on which we actually pay these Wa
rants until such date as they shall
= redeemed and paid by the Paris
I Treasurer. We TO take up at par a
such warrants as may be registere
against this bank up TO the amour
which we have agreed to lend. Ar
: provided further: That the Poli(
! Jury does agree to budget and do
y Buuget from the 10 mills received (
: the Parish as follows:
mills to the General Fund.
IA to the Parish Good Roads Fur
to he budgeted for 2 years.
to the Parish Bridge Fund.
This bid being for Two year col
tract based on the above figures p,
annum.
J Respectfully submitted,
(Slgned)
Exchange Bank of Natchitoche
By A. w. Watson. Presiden
Z Natchitoches, La. Feb. "a 19I
To the President and Members of ii
Police Jury
w Parish OF Natchitoches d.
Gentlemen
Complying with your request to Il
Il Banks of the Parish of NatchlJoche
La, to furnish bids on your accoul
for the next two Years, we beg to Su