The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-10-09

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(Ss0 onnN ents OF fifty thocsand dollars
Of Janu,u each. payable on the first day
to and ino,,, ~ each OF the ye""s 1876
heretnaftnr "hihS 1855, respect ely. as
se' forth.
h.aau bonds shall ho mazda navahle 10
Soho, ana Shall he STYLED 'Puhltc
poria'i bonds. City Of New Orleans and
w Orleans"
saln bonds shalt No ~ the denom
liIa'lon Of one tho,so,5 daii.rs aoch
except that ar ,l 10
nef, to be indicotoa j., a 49,
VI his bid bonds 80 ,,;,,o.in,
or five hundred doIior. ha ,ss,,od
10 such bidder ~ srnco,.p'I NC
The rr,,.,
bonds sha,, par ana interest or salo
the T-nitod e ne Payan'e IN gold com OF
standard 9'a'eS eIuai {" the present
Same NAV ""leht ana t'neness or
ling Or ~ oe eNpFeSSen IN pounds ster-
rate of .x ~ aanc' ana al such arbIlTarV
uidation Ct, i's HoH as sa,n boaTn OF h'q
Said NV )ent, may determine
presiJan n"AnS shall be signed by the
Of tho ia ana secretary. respectively
Schools far ~. o1 directors OF the fnnllG
shat, -. w tie farlsh or orleans ana
dent or o by me presl,
the sscrotn VI we vice PIes'ue,'ts. a''u
tior C,i.. ol the Board OF Lluulua-
Tho ~ Dent'
evincea h,. VII SAID oohns snall ps
thano.u nN interest coupons attached
turas s'o bearing the fac-simile sigma.
Dirac,or 'le secretary or the boaru OF
pariSb o' tne Pubic Schools Tot 'he
of w. p 81 pr'eans ana the secretary
resnao.t BOARD or i'loui1ation. CITY DEBT,
tho fir.s ana Snail pc paEaple on
susc,ir si uavs or July and January re-
! shah ~ III tacn year Sald interest
| OrIaors' phFapie IN tne 10y OF Ne"
| Roara am IN Shch other citleS as the
detsrri ut ,Inuihalloh' NltY pept, may
ton n t't ~ "no,l SURRENDER ana raicelIa-
nons ,r rne saiu reSpect,Ve interest," COW
ri,iss ~ 'uru' however that sucn
! NJ Ijo Ht'ali ne Hes1snated pE inc BOARD
ed IN Ht,n."''on IVY pen' anu anh'",c-
comne, ~ dnI1pt'iSeneht rall,hs to'
or H.. ". oLuS, anT Pce'luei' urn
shall he ne pI'nclpa! o. t Sa!o C, poho as
New 0rIoap, aSau.e onIS III eie ivy VI
sa;a L "'a'e Vi LOUISIANA.
relAss n "o'.!s may ne reS'S.e5en ann
rules ,ra rom resLsry uh4 p s0. ~
,iou,doti r 'eh EtaI'o'S a. VIC n0a,u ~
niro. ,!'I,; ,'ly pepl, may uete.
ton c S..a!' De eNe"pI rom onNH
shal, h.. :" ISL " 81 ~ %,
tnrs -. IrSa' INV es'"le!'l Ioi ~.
dtr,. y! minors ,, ana cnra,odS %! aa.er-
10 IN, n,biio ,A- a,o.i.e 80 .ho s+oto ~
I,misa,pa ""I' "eposl'n ~ wv, 5,,te ~
tb.roos vi any Poi'''ca' eu'o'' ts'o''
sec,io, r, :. .,., ... -,
vhot Nv De IL lu,t ,.., eltao ~
~ o., a, sun as '"nss'.ut.'raI su'lipIi !,
have -, h .,,e lssuanCe OF saIu no,.f no s,.aIl
to,s o vee ~, 'p,a,nen' the t'oalu ., ne, p
len 81 T' 1ne ruo1lc sGhoois TOT tne tar,
oao,,., leans H'la.I, Wy 1911. wv.
. ,b.raas ny majority OF me members ,
c .pLe'i ia regular or spec,a' mee', IN
30 80 lor WA. purpose; car upon .'.e
hG,d OF LlHuidatlon. Cltv DEBT 70 al
Ne'tiSe TOT the sale or SAID bonos, Nhen
so called upon. II shall be the duty OF
tht Board OF Liquidation. City Debt.
to advertise said bonds for sale In the
official journal Of the City Of New Or
lens and in such other newspapers In
financial centers as the Board Of Liuui-
dalton, CITY Debt, may determine
: SAD advertisement shall apnear in
eath Of said newspapers for thirty 500
days Immediately preceding the date
fiNd for the recent Of bids; and the
san bonds shall be adjudicated and
sol under sealed bids or proposals. to
th.htghest bidder who shall have com
plh with the terms and conditions set
, Outby the Board of Humiliation, CITY
Det in the advertisement for said
bid provided that no sale Of said
bois shall be made unless all Of said
j., isw he sold and unless the average
prh obtained for the different matur-
y It'll, shall at least equal par and &C.
!. crd interest for the entire issue
TIL Board Of Liquidation. City Debt
, sM have the right to reject any anc
alhids
, etion 3. Be It further enacted. etc,
9 Tha when the said bonds shall have
he3Adjudicated. as hereinafter SCI
fon it shall be the duty Of the Boart
!, ofIquidatipn, City Debt to immedi
aY cause said bonds to be engraved
efsf eSecuted in such denomination!
Il contry or SS9ntr,es as the successor
bidder or BIDDERS may have indicated
rtne board ol Ll0ninatlon, wy DEBT
delermlned as the case may ne
me Boaru Oh '.iIuiuat'o tItn DENT
snail nave tile rlsnt 70 pressure tts
Amount or the deposit That shall accom-
pMv earh Do 'he cohoIt'ohs unde'
which same shall become forfeited, the
tine within which the bonds shall h
delivered after the adjudication and
generally. all terms ana conditions ap
retaining to the blds and ad1udlca
ton not otherwise provided for by thii
act.
Section 4. Be 1t further enacted
et.. That the Board of Liquidation
City Debt shall denosit the proceed!
of the sale Of said bonds in such loca
hank or hanks as NAV become the sue
cessful bidder or bidders for said bond.
in proportion to the amount Of thei
respective bids, upon furnishing secur
ity satisfactory to the Roard Of Lqu
daion. City Debt. and at such rate o.
interest as the Board Of Liquidation
| City Debt. may fix and announce In tn,