The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-06-20

etc. That said bonds shall be OF date
he LIST day of April. 1914. and shall
begin to mature on the lst day OF
April. 1915 and shall become due and
PAYABLE each year thereafter until and
including the lst day of April. 1922
and shall be in numbers and amounts.
as follows:
Five bonds of the denomination o..
Five Hundred Dollars each. total
twenty-five Hundred Dollars, due
April l, 1915.
Five bonds of the denomination OF
Five Hundred Dollars each, tota
Twenty-Five Hundred Dollars, due
LIST day OF April. 1916.
Five bonds of the denomination o
Five Hundred Dollars each, tota!
Twenty-Five Hundred Dollars, due
LIST day of April. 1917.
Five bonds of the denomination Of
Five Hundred Dollars each. tota
twenty-five Hundred Dollars. due
LIST day of April. 1918.
Six bonds OF the denomination of
Five Hundred Dollars each. total
hree Thousand Dollars, due lst
lay of April, 1919.
Six bonds of the denomination
five Hundred Dollars each. tota
hree Thorsand Dollars, due Is
'ay of April, 1920.
SIX bonds of the denomination o.
We Hundred Dollars each, tota'
hree Thousand Dollars. due lst
av of April, 1921.
Six bonds of the denomination OF
1--WE Hundred Dollars each, tota'
Three Thousand Dollars. due lst day
# April, 1922
ORDINANCE No. 3.
Creating Colfax School District No. ]
According to the original territoria
division as formed some years age
by the Parish Board of School Di
rectors of Grant Parish. Louisiana
The following ordinance was OF
;ered by A. w. Stewart. who movet
is adoption. duly seconded by M. f
Jackson and carried unanimously.
Be it ordained by the Parish Board
IF School Directors of Grant Parish
Louisiana, in adjourned session con-
vened.
Section |. That Colfax School Dis
riot No. |, shall consist of the sam,
erritory as heretofore, and created,
by our predecessors in office. and de
cribed as follows: Bounded on the
north by Valentine Bayou, on the east
,y Bayou Darro and on the south anG
vest by Red River and including al
he territory known IS Ward One. il
he Parish OF Grant, Louisiana
All ordinances or parts OF ordi
lances in conflict with the above BIZ
md they are hereby repealed
ORDINANCE No. 4.
Mr.. Stewart offered Ordinance No
!, who moved its adoption, duly sec
onded by Mr. Jackson. and being
placed before the board all members
IF the school board voting in favo,
If adopting the ordinance. and the
president announced the ordinance
luly adopted.
Whereas, it is necessary that an an
mex or addition to the schoolhouse at
Colfax, La, be built and equipped, and
A schoolhouse at Walnut Grove in the
anne school district be erected and
.qu:pped all improvements to be made
the Colfax School District No. l.
md
Whereas, it is necessary and desira
,le for funds to be raised for SAID
purpose, and
Whereas, it is the voluntary viii.
IF this body to call the election here
natter provided for. and
Whereas, Article No. 2Sl of tn,
Constitution of 1893 and 1913. and Ac
No. ESQ of the Legislature of 1910. a:
.mended by Act 2l8 of 1912, declare.
he school board of the parish to b.
he governing authorities through
which the said School District No.
nay incur debts and issue negotiable,
,onds for such purposes, when so au
Tor zed at an election to be held II
he said School District No. l, and
Whereas, the assessed valuation o.
ne said school district amounts tc
Six Hundred and Eighty-nine Thou
and Nine Hundred and Two Dollars
($6S9, 902.00) and the proposed indebt
,dness does not exceed the constitu
ional limit of 10 per cent of the as
;essed valuation, and
Whereas. the special tax necessary
% be annually levied to extinguisl
he proposed Indebtedness will ap
'roximate three 60 mills, which will
lot exceed the constitutional limit oil
en- O0) mills per annum on the dol.
ar of the assessed valuation Of the
property of said district, now, ther.
fore.
Section |. Be it ordained by the
school Board of the Parish of Grant
II leest aiisiiaua. in lawful session convened
That an election Shall be, and is here.
~ called to be held in the said Col
AK School District No. |. in the Par
sh of Grant. Louisiana. on Tuesday
July 2lst, 1914, at which election. the
majority of the property taxpayers
Of said district in number and amount
'ligible to vote and voting. shall de.
ermine the
Proposition to incur debt and issue
bonds of the said Colfax School Dis.
riot No. l, in the Parish of Grant
Louisiana, to the amount of Invent,
Thousand Dollars (S20,000) to run fol
4 period of ten (l0) years, bearing
interest at the rate of FIVE per ceni
per annum. payable scmi-annually
the funds thus derived to be used 70,