New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1915-06-19

TO enforce payment in the manner
provided by Section four (4) of
Act l47 of the General Assembly
of Louisiana for the year 1902 as
amended by Act 40 of 1912.
Sec. 4. BE it ordained. etc,
that the Clerk of the Board of
Trustees of the City be and he is
hereby directed to cause the
above assessment and this ordi-
nance TO be recorded in tn, mort
gage records. of the Recorder Of
the Parish of Iberia.
See. S. BE if further ordained,
etc. that the Mayor Of this City
be and he is hereby authorized Ia
issue certificates of Indebtedness.
covering the deferred payments
on the above assessments. due on
account of the said sidewalks con
structed: such certificates to have
annexed to them coupons for the
annual payments together with
the amount OF interest due by the
respective property owners, said
interest being at the rate Of six
(6) per cent per annum interest
payable annually, dated on the
day this ordinance is adopted,
and payment secured by special
assessment herein levied, the funds
from which shall be available
solely for the purpose of meeting
said certificates at maturity and
for no other purpose.
Sec. g. Be it further ordained,
etc. that the Certificates OF In
debtedness herein authorized and
provided for shall have annexed
ITO them, coupons representing the
annual amount in principal and
interest, due on said certificates
in the usual form and these GER
tificates coupons shall be re-
deemed and paid upon presenta-
ton to the Mayor of the City Of
New Iberia. La, on or after the
date they respectively become due.
or before at the option of the
owner of the property against
which it was issued.
The form Of Certificates of In
debtedness here authorized nand
provided for shall be substantial
l.. a.. rn11n,r, &r,V,t
State Of Louisiana, Parish Of Ibe.
ria. City Of New Iberia
Sidewalk Improvement Certificate
This certifies that the City of
New Iberia. La. will pay De.Jer-
sey & Naff. contractors. or bear
err. the sum Of dollars. in
five equal installments evidenced
by coupons hereto attached, name
ly, one-ffth Of said amount on
-1916. one-ffth of said amount
on --L-1917. one-fifth Of said
amount on IBIS. one-ifth CT
said amount on --1919; and one
fifth Of said amount on 1870.
and interest thereon at the rate
of six per cent per annum payable
annually upon surrender of the
annexed coupons until said sum
is fully paid out of the special as
sessment tax fund of said City
created by law and the contract
between said City and said de-
Jersey & Naff, for said purpose
unless sooner paid by the prop
erty owner hereinafter named,
Coupon No. 5. when paid is to be
surrendered with this certificate.
il is hereby certified that the said
sum is legally due and payable on
or before said time to said City by
the property owner in said City
for sidewalk put down and com
pleted by said contractors and ac-
cepted by the City of New Iberia
IN accordance with a contract
made between said City and said
Contractors. February 18th. 1919.
That 20 per cent Of the whole as
sessment levied against said own
err and his property has been paid
in cash according to law. and in
acc ordance with the City Ordi-
nance No. adopted the -
day of ---19l5, by which ordi-
nance a special assessment and
tax was levied against the with
in described real estate AUDITING
said sidewalks. curbing or por4
ton thereof to be paved or i'm
proved, which assessment ordi-
nance has been recorded in Mort
gage Records Book No.
pages---of the Parish Of iberia.
Louisiana. whereby the payment
of this certificate and the inter :
est thereon is secured by a lien
and privilege and first mortgage.
except taxes. on the property of
said owner. improved in said
~ II