The Donaldsonville chief., 1914-04-18
Donaldsonville, La, April II. 1914

Ascension, as the governing authority
of the First Road District of the par
lsh Of Ascension, to levy such tax
upon the taxable property of the said
First Road District as will be suffici-
ent to provide for the interest and
such part Of the principal of the said
due and payable.
Mr.. Landry offered the following
ordinances:
Whereas, under and by virtue of
the authority conferred at an election
of property taxpayers qualified to
vote under the law, held in the First
Road District of the parish of Ascen-,
sion on the 25th day of March, 1913,
the taxpayers Of said First Road Dis
trict comprising the first, second,
third and fourth wards of said par
ish, authorized the police jury of the
parish of Ascension, as the govern
ing authority of said First Road Dis
trict, to incur an Indebtedness and
issue and sell negotiable, semi-an-
nual interest-bearing coupon bonds
evidencing such Indebtedness of
said First Road District under the
terms and conditions of the consti-
tuition and statutes of the state of
Louisiana, including among others
Article 291 of the said constitution
and Act No. 256 Of the legislature
Of 1910, as amended; and
| Whereas, at said election held
on the 25th day Of March, 1918, in
said First Road District of the par
ish of Ascension. as shown by the
proclamation of this police jury an
nouncing the result of the canvass
of the returns Of said election, one
hundred and ninety-seven (197) votes
representing a taxable valuation of
three hundred and eighty-tWo thou
sand, six hundred and seventeen and
65-100 dollars, 1882, ,61765,) were
cas- in favor of the proposition to
incur an Indebtedness Of thirty-five
thousand dollars, ($35, ,000), and issue
negotiable, semi-annual inrerest-bear-
ing coupon bonds to evidence said
Indebtedness, and eight (8) votes rep
resenting an assessed valuation of
five thousand, four hundred and nine
teen and 50-10o dollars, (s5,419. SOY,
were cast against the aforesaid prop
osition; and
Whereas, in accordance with law
the police jury of the parish of AS
cension, as the governing authority
of the said First Road District, did,
on the 28th day of March, 1913, meet
in open session at the courthouse in
the parish of Ascension, and did
open the said ballot boxes and ex-
anime and canvass the returns made
at said election held on the 25th day
Of March, 1913, and found that there
We're one hundred and ninety-seyen
t19) votes and a taxable valuation
OF three hundred and eighty-tWo thou
sand, six hundred and seventeen and
65-100 dollars, t$382, ,617.65), in favor
OF the said proposition, and eight (S)
votes and a taxable valuation of five
thousand, four hundred and nineteen
50-l0O dollars, ($5,419.50) against the
said proposition, and that the said
proposition was carried and adopted
by majority in number and amount
OF the said property taxpayers voting
at said election, and the result as
found by them and as shown by the
process verbal of the canvass of said
votes was duly promulgated by this
police jury and the proceedings or
dered published in the official jour-
nal of the parish of Ascension and
duly recorded with the recorder OF
mortgages of the said parish Of AS
cension in Mortgage Book No. 81,
folio 24S, and registered with the
secretary of state, all in accordance
with law; and
Whereas, the police jury of the
parish of Ascension, as the govern
ing authority of said First Road Dis
trlct, being duly, fully and completely
authorized to incur an Indebtedness
OF thirty-five thousand dollars, 1884,
000) for said First Road District and
issue bonds for a like amount under
such terms as the police jury may
deem most advisable, the said bonds
to mature within twenty Years from
their date and to bear interest at
the rate of five per centum per an
nun, payable sen1i-annually; and
Whereas, the assessor of the parish
of Ascension has certified that the
assessed valuation of the said First
Road District of the parish of Ascen-
sion, as shown by the assessment
rolls for state and county purposes
for the year 1913, amounts to ST.
es4, $40, and that, therefore, an in
debtedness of thirty-fiYe thousand
dollars (s35,o00) and a bond issue
representing that Indebtedness for
like amount, is less than ten per
cent Of the assessed valuation Of the
property in the said First Road Dis
trict of the parish of Ascension;
therefore be 1t