St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-08-07

: Whereas. the 1unuS derived ITO
! the sale of said bonds authorize
) as aforesaid are insufficient to con
plete the highways provided for
j the resolution Of the Police Jury
t date Feb. End, 1914: and
Whereas, it is deemed neces
| sary and expedient to complete sal
highways as originally contemplat
ed. and to have sufficient funds O
hand to maintain said highways
constructed: and
Whereas, for the completion {
such highways and the mainte
nance thereof when completed tn
4 additional sum of Si2, 100000 will b
required; and
Whereas, the revenues of tn
year 1924 have not heretofore bee
anticipated, and provision has bee.
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 AM
will be a residue from the ten mil
tax authorized by Article 232 O
the Constitution of Louisiana. il
the sum of Sl7,000.00;
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 thu
maintenance thereof when COM
pleted in and for said Parish there
be funded into bonds the avails Of
the residue of the ten mill tax fol
the year 1924 as is authorized by
Article 232 of the Constitution oil
Louisiana, and for that purpose
there be issued the bonds Of said
Parish in the sum of $f2, 100000. in
accordance with the provisions OF
Paragraph 4 of Article 28t of The
Constitution of Louisiana.
Section 2. Said issue shall consi st
~ bonds of the denomination of
S 100000 each, numbered conseeu-
lively from 4 to IL inclusive. dated
August 1st, 1915. and due and pay
able February fst. 1925.
Section 3. 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 evil
denced by coupons attached to said
and said bonds shall be ea-
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-
hereby promises to pay the
One Thousand Dollars. law
money of the United States of
America, on the first day of Feb
'uary, A. D., 1925, with interest
,hereon at the rate of five per
'entum per annum. from date here
II, payable semi-anInIai,y on tile
irst day of February and Angus.
n each year, on presentation ard
surrender of the annexed coupons
bearing a facsimile of the signa- !
ures of the President and Clerk Of |
he Police Jury of said Parish, as
hey severally become due. Both
principal and interest of this bond |
re payable at The National PARK
Sank in the City of New York, State
# New York, and the avails of the
esidue of the ten mill tax for the
ear 1924, authorized by Article 232
f the Constitution of Louisiana,
fter the payment of all statutory
nd ordinary charges. have been
edlcated and appropriated and are
.ereby pledged for the payment of
ne. principal and interest hereof
t maturity.
This bond is one of a series OF
2 bonds of like date, tenor and
fleet, issued by the Police Jury Of
aid Parish for the purpose Of con-
Lfucting highways and the main
anaflce thereof. in and for said
arish, under and by authority of
nd in accordance and full compli-
nee with the Constitution and laws
/ the State of Louisiana. and es-
Paragraph 4 of Article 28i
{ said Constitution, and an ordi-
ance duly. and regularly passed
ld adopted by the Police Jury of
40 Parish on the 9th day of July,
)t5.
And it is hereby Certified, Re-
ted and Declared that the residue
the ten mill tax for the year
VA, authorized by Article 1872 of
le Constitution of Louisiana, after
aklng provision for the payment ]
all statutory and ordinary !
larges, will be amply sufficient to !
iy the principal and interest Of {
lls bond and all other bonds of
I'D series at maturity: that all Il
It's, conditions and things required I
be done precedent to and in the I
suance OF said bonds have been !
'operly done. have happened. and |
I'VE been performed, in regular q
due form, as required by law, l
ID that said indebtedness does j
i exceed any statutory or con- J
Itutional limitation. 4
In Testimony Whereof. We. the s
ldersigned officers of the Police
of st. Landry Parish, State off,
'uisiana, being duly authorized to :
ecute this obligation on behalf of :
id Parish, have hereunto set our {
icial signatures, as of the first I
y of August, A. d. 1915. a
tested and Countersigned: i
n a