The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-07-03

AN ORDINANCE calling a special election
tor the purpose of submitting to the prop
erty tax payers of Grant parish road dis
trict number five, who are authorized ts
vote at such election, under the Constitution
and laws OF the State OF Louisiana the fol
loving proposition, to-wit:
Whereas it is the voluntary will of the DO
Ice jury OF Grant parish TO call an election
d the property tax payers Of Road District
Number Five, el;eibls 10 vote in tax cleo
zion IN the said road district, for the purpose
u submitting to the property tax payers oil
Road District Number Five who arc author
.scd TO vote at such election under the consti-
luton and laws of the State Of Louisiana, tine
PROPOSITION to incur debt and issue nc
got.able bonds therefor of the said Grant pa
'ish Road district Number Five in the sun,
II sixteen thousand and five hundred dollars
tSl6oco), for the purpose of constructing, iii.-
proving and maintaining public roads together
with bridges and other Necessary equipments
within the limits of the said road district, title
10 which shall vest IN the public, the said
bonds to run for a period of five years and
% bear interest at the rate of five per centum
per annum payable seini-annualiy, and
Whereas Article 2si of the constitution of
1898 as amended by Act 1872 of the s.egisla
.uie. Of 1912. adopted by the people in No
.eiaber, 1912, and Act ESQ of the Legislature
! 1910 As amended by Act 2is of 1912 de-
Sisres the Poiise jury Of the parish OF Grant
20 DC the soselning. authority through which
;iich road dist; let of the said parish may in
cur debt and issue negotiable bonds for such
purposes when so authorized at an election
held IN the said road district. and
Whereas the assessed valuation of the said
road district OF the said parish alnoants to one
million and eighty dollars Isl, 900 0so), and The
existing bonded Indebtedness incurred Under
article 28l of the constitution of 1898 as
ai;'ended amounting to nothing at present add.
"a to the proposed indebtedness does not ex-
iced the consttut onal limit of ten per cent
nm OF said assessed valuation. and
Whereas, the special tax necessary to be
annually levied to extinguish the proposed in
ie6tedncss will approximate five mills. which
iddsd to existing special taxes annually levied
inder article 2s1 of 1898 as amended to ex.
insuish the Indebtedness incurred under said
lrtcle will not exceed the constitutional limit
4 property of the said road district; now
therefore,:
Section i.--Bc It ordained by the police jury
4 the parish Of Grant, Louisiana, in lawful |
nd hereby is ordered 10 be held in Road Dis |
net Number Five of the parish of Grant |
tate OF Louisiana, on the 18th day of July. |
sio. at which shall be submitted the following |
opposition: To incur debt and issue nezo-
able bonds therefor of the Grant parish Road /
district Number Five in the sum of sixfeen
iorssnd and five hundred dollars ($l6.50o). |
DIT the purpose Of constructing, improving |
nd maintaining public roads together with
ridges and other necessary equipments. with.
the limits of said road district title to
hch shall vest in the public, the said bonds
run for period Of five years and to bear
mum payable semi-annuiiy.
Section 2.-Be it further ordained, That
&c president of the police jury be and he IS
sreby instructed to have prepared for use
said special election. sufficient number Of
anols: on each o. which shall be printed the
roposition mentioned in section one of th;s
'dinance. arranged in such a manner a. to
'aoie the voter to vote on said proposition.
I'd in the following form:
FOR THE ISSUANCE OF BONDS.