St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-01-09
ana, for the year 1902 as amended by
Act 10 nf 1nfO

NjEASAN~ 49,
Act 40 of 1912.
Section 4. Be it further ordained, etc,
That the Clerk of the Board Of Alder
men of this city, be and he is hereby
directed to cause the above assessment
and this ordinance recorded in the Mort
gage records of the Recorder of the
Recorder of the parish Of ST. Landry.
Section 5. Be it further ordained, ETC.,
That the Mayor Of this city be and he is
hereby authorized to issue in the name
of the city of Cpelousas, La, five ~
certificates of Indebtedness due on ac-
count Of the said sidWalks, curbing and
Appearances constructed, such certifi-
Gates to be in the sum of sixteen {16l
per cent of the total assessment against
the respective property owners herein
above set forth, bearing interest at the
rate ofsix (6l per cent per IN from
date until paid, said interest being pay
able annually, dated on the day this or
dinanee is adopted and payment of the
same secured by Special Assessment
herein levied, the funds from which
shall be available solely for the purpose
of meeting said certificates at maturity,
in prineipaland for no otherpurpose.
Section 6. Be it further ordained,
ETC., That the certificates of indebted
ness herein authorized and provided
for, shall have annexed to them. cou-
pons for interest payment in the usual
form, and these coupons shall be re-
deemed and paid upon presentation to
the Mayor of the City of Opelonsas,
La, on or after the date they respec-
lively become due. The form of the
certificates of indebtedness herein au-
thorized and provided for, shall be sub
stantially as follows:
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
CITY OF OPELOUSAS.
S.
Certificate of Indebtedness for Side
walk Construction.
This is to certify that the City of Ope-
La, is indebted unto DeJersey
G. Naff, Contractors, in the sum of
($..---) Dollars, together with six (61
per cent interest, said interest being
payable annually, from date hereof UNI
til paid, payable to the order of the
said DeJersey & Naff, go. years from
this date, out of the Funds derived from
the special assessment, levied by the
of Aldermen Of the City OF Ope-
La, of date - 1914, against
the following described property, and
the owner thereof, to-Wit:-,
account of sidewalk and curb con-
struetion abutting said property, the
entire proceeds Of which said special
assessment are dedicated to they pay
ment of this certificate and interest and
the other four certificates and interest
of this series, and being one-fifth part
of the balance due the said DeJersey &
Naff, on account of the sidewalk and
curb construction, as per their contract
with the City of Opelousas, La, ofdate
4th, 1914, and of record in the
office of the Clerk of Court of the Par
of st. Landry, La, the interest to
on this certificate from date I'M
i'll maturity hereof, being represented
by coupons hereto attached which with
HE amount of this certificate are to be
paid to the holder at maturity by cash
warrant Of the Mayor, upon surrender
thereof, out of the funds which have
been especially appropriated therefor
by ordinance of the Board of Aldermen
IF the City of Opelousas, La, adopted
in the 49,. day Off A. D. 1914.
Section Z. Be it further ordained,
ETC., That the Mayor be and he is here
by authorized to have placed on the
back of these certificates, the following
'orm of endorsement to be used, if so
desired by the Contractors, to-wit: This
Certificate, and so much of the con-
ract price named in the contract be-
ween the. City of 0pelousas, La, and
1eJersey & Naff, Contractors, for the
.onstaucfion Of sidewalks, and curbing
n the City Of Opelousas, La, under
.ontraet date as is represented by
hese Certificates, is assigned to the
lolder hereof, and such holder is sub
-ogated to. each and every right exist
no under the ordinance and contract
o enforce payment OF same. !
Section s. Be it further oH5s9b
tic, That for good and suffieIer "a
his ordinance shall take Tss
md after its adoption. T ~
sttest: Fl. e. CALLAHAN
ordinance
spcfinr h.