St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-07-10

and dedicating the avails Of thu
residue of the tel
mill tax for the year 1874
authorized by Article 232 of tn
Constitution of Louisiana. for tilt
payment thereof.
Whereas, The Police Jury of tht
Parish of st. Landry. Louisiana
by resolution duly adopted on The
End day Of Feb, 1914, made pro-
visions for the construction Of GER
tain highways in and for said Par
ish; and
Wehreas, for the purpose of con-
structing such highways it was
deemed necessary to raise the sun
of $iO0,00O.0O; and
Whereas, after making all neces-
sary provision for the payment OF
all statutory and ordinary charges
and all outstanding Indebtedness OF
said Parish for the year 1914 tC
1928, inclusive, it was found there
existed a residue Of the ten mil
tax authorized by Article 232 of the
Constitution of Louisiana, Of a GER
tain designated amount; and
Whereas, for the purpose Of con
structing highways in and for saio
Parish, the avails of the residue OF
the said ten mill tax for the years
1914 to 1928, inclusive. have been
dedicated, and that for that pur-
pose there was issued bonds of SAIL
Parish in the sum of Sf00,OO0.OO, as
authorized by Paragraph 4 of Arti-
Gle 28i of the Constitution of Lou
isiana, and
Whereas. the funds derived from
the sale of said bonds authorized
as aforesaid are insufficient to COM
plete the highways provided for in
the resolution Of the Police Jury OF
date Feb. End. 1911; and
Whereas, it is deemed neces-
sary and expedient to complete sale
highways as originally contemplat-
| ed, and to have sufficient funds on
hand to maintain said highways as
constructed: and
Whereas, for the completion OF
such highways and the mainte-
nance thereof when completed the
additional sum of Sf2,000.00 will be
required; and
Whereas, the revenues of the
year 1924 have not heretofore been
anticipated, and provision has been
made for the payment of all statu-
tory and ordinary charges and al
outstanding obligations of said Par
ish for said year 1924: and
Whereas, after making all pro-
vision for all statutory and ordi-
nary charges and outstanding OBJ
| legations of said Parish, there is and
will be a residue from the ten mill
tax authorized by Article 232 OF
the Constitution Of Louisiana. in
the sum of ST., 10000;
NOW THEREFORE,:
Be it ordained by the Police Jury
of st. Landry Parish. State of Lou
isiana:
Section 4. That for the purpose
of constructing highways and the
maintenance thereof when COM
| pleted in and for said Parish there
be funded into bonds the avails oil
the residue of the ten mill tax for
the year 1924 as is authorized BY
Article 232 of the Constitution Oh
Louisiana, and for that purpose
| there be issued the bonds of said
Parish in the sum of Si2,000.00, in
accordance with the provisions oil
Paragraph 4 of Article 28i of the
| Constitution of Louisiana.
Section 2. Said issue shall consi ST
IL bonds of the denomination OF
81, 100000 each, numbered consecu-
lively from 1 to IL inclusive, dated
August list, 1915, and due and pay
| able February 1st. 1925.
Section 8. Said bonds shall bear
interest at the rate of five per
cent per annum. payable semi-an-
nually on the first day of Febru-
airy and August in each and every
year, and both principal and inter
est shall be payable at the National
Park Bank, in the City of New York.
State of New York.
Section 4. The several install
ments Of interest shall be 'eyi-
deneed by coupons attached to said
bonds, and said bonds shall be ex-
ecuted in the following form:
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
ST. LANDRY PARISH,
ROAD IMPROVEMENT BOND.
No. - 1000 Dollars
KNOW ALL MEN BY THESE
PRESENTS: That the Parish of
st. Landry, in the State of Louisiana.
is indebted to and for value re-
ceived, hereby promises to pay the
bearer One Thousand Dollars. law
full money of the United States of
America, on the first day Of Feb
ruary, A. D., 1926, with interest
thereon at the rate of five per
centum per annunl, from date here
of, payable semi-annuai.y on the
first day of February and August
in each year. on presentation ard
surrender of the annexed coupons
bearing a facsimile of the sigma
lures of the President and Clerk of
the Police Jury Of said Parish, as
they seyerally become due. Both
principal and interest of this bond
are payable at The National Park
Bank in the City Of New York. State
of New York, and the avails of the
residue of the ten mill tax for the
year 1924, authorized by Article 232
of the Constitution of Louisiana.
after the payment Of all statutory
and ordinary charges, have been
dedicated and appropriated and are
hereby pledged for the payment of
the principal and interest hereof
at maturity.