St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-01-30

date until paid, said interest being pay
able annually, dated on the day this or
dinance is adopted and payment of thu
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 prineipalan n for no other purpose.
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 te
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.
Certificate of Indebtedness for Side.
walk Construction.
Opelousas, La.,-.--
This is to certify that the City of Ope.
~lousas, La, is indebted unto DeJersey
& Naff, Contractors, in the sum of --
s. Dollars, together with six (6)
per cent interest, said interest being
payable annually, from date hereof IN
til paid, payable to the order OF the
said DeJersey e Naff, ~ years from
this date, out of the funds derived from
the special assessment, levied by the
Board of Aldermen of the City of Ope-
lousas, La, Of date -..- 1914, against
the following described property, and
the owner thereof, to-WIt:-..-...--
on account of sidewalk and curb con.
struction 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-flfth 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
August 9th, 1914, and of record in the
office of the Clerk Of Court of the Par
ish of ST. Landry, La, the interest to
accrue on this certificate from date I'M
til maturity hereof, being represented
by coupons hereto attached which with
the 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
of the City of Opelousas, La, adopted
on the day of.A A. D. 1915.
=, Mayor.
Attest: ,----- ----------- Clerk.
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
form of endorsement to be used, if SO
desired by the Contractors, to-wit: This
Certificate, and SO much of the con-
tract price named in the contract be-
tween the City Of Opelousas, La, and
DeJersey & Naff, Contractors, for the
construction of sidewalks, and curbing
in the City Of Opelousas, La, under
contract date -, asis represented by
these Certificates, is assigned to the
holder hereof, and such holder is sub
rogated to each and every right exist
ing under the ordinance and contract
to enforce payment Of same,
....... i....... 3. 49,. =, Contractors.
Section 8. Be it further ordained,
ETC., That for good and sufficient cause,
this ordinance shall take effect from
and after its adoption.
----~.~---.-~ Mayor.
Attest: Clerk.
The above ordidance, after having
been read section by section and adopt
ed in a like manner, was adopted as a
whole by the following vote:
Yeas: Gosselin, Sicily and Eastman.
Nays: None.
Adopted January 22nd, 1915.
There being no further business the
meeting was adjourned subject to call.
E. L. LOEB, Mayor,
Attest: H. u. CALLAHAN. Clerk.