The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-07-18
the election. and E. w. Pollard

( the election. and Z. w. Pollard
.lall serve as clerk OF the election.
Section 4. That the president OF
MS board is hereby instructed to give
Office of the special election herein
,rdered by this proclamation. to be
ublished according to law, and in
he said proclamation he shall an
ounce that at IL o'clock m, on the
End day of July, 1914, this board will
meet in the Court House at Colfax
louisiana, to open the ballot boxes
xamine and count the ballots, in
umber and amount, examine and
:anvass the returns, and declare the
esult OF the election.
]. H. MeNEELY, President
:. n. WARNER. Secretary.
Colfax. La, June 6, 1914
ORDINANCE No. 2.
Relative to the issuance of Verda
School Bonds, School District No
81, Vrda, Louisiana.
The following ordinance was Of
cred by NJ. f. Jackson. who moved
IS adoption, duly seconded by E. A.
Nall and being placed before the
,oard it was unanimously adopted.
Whereas. an election was held in
he Verda School District, No. 81, in
he Parish OF Grant, on Monday.
Iarch 80, 1914, in accordance with
Ordnance No. ! of the 2lst day OF
february, 1914, and notice of the same
ublisLed according to law; and
Whereas, the question submitted at
he said election was to determine
he
Proposition to rescind, repeal, set
side and invaiidate the FIVE mills tax
authorized by vote of the property
taxpayers of the School District No.
Il, on the 18th day of June, 1913, and
relieve the Parish Board of School
directors of the Parish of Grant from
ewing the said tax for the years
Ola to 1922. inclusive. and in lieu
hereof to incur debt and issue bonds
f the Verda School District No. 81
:, the Parish of Grant to the amount
4 Twenty-Five Thousand $4,000
'ollars, to run for the period of eigh'
ears. bearing interest at the rate OF
i've per cent per annum. payable an
lually. the funds thus derived to b.,
.sed for the
Purpose OF erecting and equippin
high school building in the town o
Terda, Louisiana, which said propo
ition was lawfully carried at sal
lection, as shown by the process.
erbal of the school board of 3lst da
# March. 1914. as required by law
md Section 10 of Act ESQ of 1910
nd no contest has been filed within
:e sixty days from said date. and.
Whereas. The school board of sal,
,arish is recognized by law, an
\rticle 281 of the Constitution U
500 and 1913 and Act ESQ of the ses
ION of the Legislature of 1910. an
mendments. to be the governin.
uthority through which such bono
ssue shall be proceeded with; now
therefore,,
Section |. Be it ordained by the
School Board of the Parish of Grant
n lawful session convened. That the
president and the secretary of this
school board shall be authorized or
behalf of the Verda School District
o. 81, of the Parish of Grant, actin'
or in the name of the governing AL
.hority. the school board. and are d:
-ected to incur debt to the amour
# Twenty-Five Thousand $4,000,
dollars and to make and sign nego-
table bonds therefor, numbered con-
ecutively from One to Forty-four
ne first OF which shall become dr.
ythin one; and the last of which shall
nature in the year 1922: and which
hall draw interest at the rate of nv,
er cent per annum from date, pay
bic annually on the first day o
\pril. with interest coupon aftachei
each bond and said bonds shall no
e sold for less than par.
Section 2. Be it further ordained
C. That the proceeds of said bon
ssue. when negotiated shall be de
iosited in the treasury of Grant Par
III School Board. and there shall b.
nd remain a trust fund to be uset'
or the purpose only that the sam
as levied: to-wit: for the
Purpose of building and equippin
high school building in the town o.
Terda. Louisiana.
Section g. Be it further ordained
&c. That said bonds shall be of dat
he lst day of April. 1914. and shall
'ePin 70 mature on the LIST day Of
April. 1915 and shall become due ani
avahle each year thereafter until am
including the LIST day of April. 1922
nd shall be in numbers and amounts
follows:
Five bonds of the denomination OF
Five Hundred Dollars each. tota
twenty-five Hundred Dollars, du,
ipril |, 1915,
Five bonds of the denomination
i've Hundred Dollars each, tota
twenty-five Hundred Dollars, du,
!st day of April, 1916.
Five bonds of the denomination o.
Five Hundred Dollars each, tota
twenty-five Hundred Dollars, due
ist day of April. 1917.
Five bonds of the denomination Of
Five Hundred Dollars each. tota
twenty-five Hundred Dollars, due
lst day of April. 1918