The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-09-11

i from one to thirty-three inclusive. al
d dated September l. 1915, and maturing
d serially, as follows:
d Numbers to z, inclusive, on May 1,
: 1916.
: Numbers to Ia, inclusive, on Nav /.
1917.
Numbers Is to 81. inclusive, on Nav
: l, 1918.
Numbers % to q, inclusive, on Nav
: l, 1919.
Numbers % to 80, inclusive, on Nav
l, 1920.
All of said bonds bearing interest at
the rate of five per cent per annum.
payablessemi- annually on the first DAYS
OF May and November of each and
every year until final payment of the
principal sums thereof, except that the
first interest payment shall be made on
the first day of May, 1916, as evidenced
by interest coupons attached thereto:
and both principal and interest of said
bonds shall be payable at the office of
the treasurer of Grant parish in the
town OF Colfax, or at such bank as
may be designated by the purchaser of
the bonds, and said bonds shall be sign
ed by the president of the police jury
of the said parish of Grant and attest
ed by the secretary of the police jury,
provided that the said interest coupons
shall be authenticated by the fac-simile |
signatures of said president and secre-
tary. And it is provided that said bonds
and coupons shall Ibe in substantially
the following form:
UNITED STATES OF AMERICA
State of Louisiana
Parish of Grant
No.. Road District Number Five S.
FIVE PER CENT ROAD BOND
Know all men by these presents, II
That the parish of Grant, State of
Louisiana, on behalf of road district
number five of said parish is indebted
and for value received hereby promises
to pay to bearer five hundred dollars
lawful money of the United States of
America. on the first.day Of May, 49, III
with interest at the rate of five per
centum per annum from date hereof,
payable semi-annually on the first DAYS
OF May and November, except that the
first interest payment will be on May
l, 1916, on presentation and surrender
Of the annexed coupons bearing fac
Smiles of the signatures of the presi-
dent and secretary of the police Jury
Of the said parish as they severally be-
come due. Both the principal and in
5erest of this bond are payable at the
,ffice of the treasurer of said parish at
jolfax, Louisiana, or at such bank as
nay be designated by the holder of
his bond and of the interest coupons.
This bond is one of series of thirty
hree bonds of like date, tenor and eff
ect, excepting as to maturity, issued |
" the police jury cf the parish of
irant, State of Louisiana, on behalf of
Dad district number five of said parish
or the purpose of road construction
nd improvement within the confines =
t said district, under and in full COM u
iance with the constitution and laws %
t the State of Louisiana, and especial. Ut
Article PSI of the constitution and -
let 256 of 1910 and Act 2l8 of 1912 and o'
n ordinance duly and regularly adopt III
d by the police jury of said parish on
he Both day of August, 1915, and on
ehalf of said road district said parish
hereby held and firmly bound and
ne full faith and credit of said district tn
re hereby pledged for the payment of re
rincipal and interest hereof at maturi- ia
:. LIZ
1t is hereby certified, recited and de- go
AIRED that ample provision for the pay ju
ent of the principal and interest here by
has been made by the voting of au-
lority to issue said bonds and to levy lie
sufficient tax each year on all prop ISL
'ty, beginning with wear 1915 and run of
ng for the life of the bonds. all in Law
III accord with the constitution and lev
WIS OF the State of Louisiana, as here pa
above recited, and that all acts. rec
ings and conditions require to be tul
me, precedent to and in the issuance air
said bonds, have been properly done. SEES
we happened and have been perform fin
, and that the Indebtedness of said pal
strict does not exceed any constitu- shs
NAL or statutory limitation. ret
In testimony whereof we the under sue
med officials of said police jury of T
e parish of Grant, State of Louisi- ret
a, being duly authorized to execute of