The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-11-13
POLICE JURY PROCEEDINGS.
Ordinance No. 81 r.

Whereas, the assessed value OF III
property of the Parish Of CalIwr
amounts to two million, two hundrc
and forty thousand dollars (s2 2ao
100000 tor the year 1914, and avcrap
ca annually one million nine hnndrr
and eighteen thousand, five hundrc
and twenty-five dollars (SloIS, 525oo
Tor the proceeding four year, a
shown by the certificate Il the s.s
eSor, and, > ''''
!. "hereas, IN our opinion, there i
no reason to apprehend any rnateria
decrease in said assessed vaIuation !,
we next ten years, and,
Whereas, the average of c,oh
mills per annum on the dollar va.
sufhclent for all statuary and orii
nary charges for the proceeding tou,
years; and '''
whereas, an annual levy of ar
eisht mill general property tax or
the dollar of assessed vairat;nn !,
calculated to be sufficient 20 paw Al
statuary and ordinary charges OF
SAD Parish Of Caldwell for the next
ten years, and,
Whereas, there is then estimated
10 be a residue between such neres.
sary annual levy and the ten mill tax
authorized under Article 232 of the
CONSTITUTION of 1913 exceeding one
| ana one-quarter mill Der annum
and, PN' "'iiui'l'
whereas, the said one and one
quarter mills tax per annum on the
taxable property OF said parish viii
amount IN ten years to TWENTY
eight thousand dollars, (S2S,ooooo)
TOTAL, approximately, and
Whereas, it is the sense If th;s
rollce jury that for the,
Purpose OF aiding in the construc-
ton and maintenance Of the
Iolumbla- Rayville" highway and
the Coiumbla-Colfax" highway, now
under construction under the s1,ner-
vision OF the State Highway Depart
lhent, and, repairing the BRIDGES on
Sald highways, including the Ouach
lta steel bridge at Columbia, La, one
ana ne-quarter mills of said residue
should be set aside during the wears
1914 TO 1924 inclusive, and should he
funded into Bonds to run for ten
years, and to bear interest at five
per cent per annum, and which
should not be sold for less than nar.
and, VIA" pa
Whereas, the Police Jury is the
governing authority through which
such tax should be levied, and bonds
issued, according to law. and Article
eS1 OF the Constitution OF 1o12 now
therefore: '''' ''o"
Sec. l. Be it ordained bv the
roIIce Jury Of the Parish of Cald-
We'll IN regular adjourned session
convened, that Of the ten
mills tax authorized under Article
232 OF the Constitution of 1o13, to be
expended by parish for ali Dur
poses, one and one-quarter mills on
the dollar of assessed valuation ;s
hereby levied and the same shall be
annually assessed on the property of
SAID Caldwell Parish for period Of
ten years beginning with the wear
1914 and ending with the wear io2a
and the proceeds whereof shall be
collected and set aside as a trust
fund to extinguish the bonds her.;n
provided for, and for no other MIR
pose. f"'
Sec. 2. Be it further ordained etc
that the said one and one-ouarter
mills per annum on the dollar o{
assessed valuation for ten wears on
all OF the property of the Parish of
Caldwell hereinabove levied and set
ASIDE, are hereby authorized and d.
rected to be funded into bonds
amounting to twenty thousand
dollars (S2o,ooo.oo,) which said bonds
shall bear five per cent interest Der
annum, payable annually and which |
shall not be sold for less than mar
Sec. 8. Be it further ordained, etc
that the funds derived from the said
sale of bonds shall be expended ex-
for the purpose of aiding in
the construction and maintainances
OF the Columbia Rayville" highway
and the "Columbia- Colfax" highway
now under construction under the
supervision of the State Highway De-
partment, and repairing and main
tanning the bridges on said highways.
the Ouachita steel bridge
at Columbia, La.
Sec. 4. Be it further ordained, ETC.,
that said bonds shall be issued in de-
nominations of one thousand dollars
(SI, ooooo) each and shall be twenty
IN number, with interest coupons at
.ached, and numbered consecutivelv
from one to twenty and shall be in
words and figures substantially as
follows:
81, 100000 sl0oo M
UNITED STATES OF AMERICA