St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-02-06
AN ORDINANCE 46.


Declaring the results of the special cleo
ton held in the Town OF Melville,
Louisiana, on the Twelfth Day of
May, Nineteen Hundred and Four
teen, providing for the issuance OF
Electric Light Bonds of the said Town
in the sum of Fifteen Thousand Dol
lars, and levying a special tax for the
purpose of paying principal and int
crest of said bonds.
Whereas, the Mayor and Board on
Aldermen of the Town of Melville, Lou
isiana, have in open. session openedthe
ballot box, examined and counted the
ballots, in number and amount, exam
ined and canvassed the returns of the
special election held in the said Town
of Melville, on the twelfth day of May,
1914, in conformity to an ordinance OF
the Mayor and Board of Aldermen OF
said Town ordering said election and
notice thereof by the Mayor, duly pub
lished according to law, and have
found the results in accord with the
herein after set forth ordinance; there
fore,
Be it ordained by the Mayor and
Board of Aldermen of the Town of Mel
vile, Louisiana, That the results of the
special election held in the Town of
Melville on May 18th, 1914, at which
was submitted the following PROPOSE
ton, to-wlt:
To incur debt and issue bonds in the
sum of Fifteen Thousand ($15, 000.O
Dollars to run twenty years from date,
and to bear interest at five per cent,
per annum, payable annually or semi
annually, for the purpose of purchas-
ing aad constructing an electric light
| system for the Town of Melville, title
to which shall vest in the Town of Mel
vile. are declared to be as follows:
In favor of said proposition, Thirteen
13) votes with a taxable assessed val
uation of Twelve Thousand Seven Hum
dred (s12, 10000 Dollars for the year
1918, and
Against said proposition, Six .(6)
votes with a taxable assessed valuation
of Four Thousand Seven Hundred and
Seventy ga, 10000 Dollars for the year
1918, and in favor of said proposition a
majority of Seven (7) votes with a tax
able assessed valuation OF Seven Thou
sand Nine Hundred and Thirty 49,
| $4,000 Dollars for the year 1913; and
said election, is declared to be favor.
able to said proposition.
Section 2. Be it further Ordained, etc.
That there is hereby authorized and di-
rected to be executed and delivered to
the purchaser thereof Sixty 1907 bonds
of the Town of Melville, State of Louis
lana, payable to bearer in the aggre,
gate amount of Fifteen Thousand Dol.
lars 1915 ,O0O. COY all in the denomination
Of Two Hundred and Fifty Dollars $3.50.
OOl dated July;15, 1914, maturing July Is,
1884, said bonds being numbered from
one to sixty, (1-60) inclusive; bearing
interest at the rate of five per centum
5000 perannump payable semi-annually
on the first day of April and October OIL
each year, commencing with April |,
1915, as evidenced by and upon presen'
tation and surrender of the interest
coupon attached thereto. Provided,
however, that the Town of Melville
shall have the option Of paying said
bonds before their maturity on or after
the respective dates hereinafter sci
forth, and by each bond at par, if the
money shall be there available for the
payment thereof and all interest cou-
pons falling due thereafter shall there.
upon be annulled and cancelled.
The numbers of said bonds and the
dates upon which thereafter they may,
RESPECTIVELY, be paid prior to the desig'
mated maturity, at the option OF the
Town of Melville, shall be as follows