The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1915-03-04
An Ordinance

Providing for the issuance of Six Thou
sand Dollars of additional certificates
of Indebtedness, with interest coupons
attached, in order to provide funds to
complete paying for the construction
of the traffic bridge across Red River,
in conjunction with the City Of
Shreveport.
Be it ordained by the Police Jury of
the Parish of Bossier, Louisiana, That,
whereas, heretofore on the 18th day of
November, 1912, by ordinance duly
passed, this Police Jury provided for the
issuance of Two Hundred Thousand
Dollars of certificates of Indebtedness in
order to provide funds for the construc-
ton of traffic bridge across Red River,
in conjunction with the City of Shreve-
port; and,
Whereas, the said bridge is completed
and there is a deficit in the cost of con-
struction of said bridge in the sum Of
Six Thousand Dollars, and in order to
fully pay for the construction of same
it is necessary to provide said additional
sum for the full payment OF the costs of
construction of said bridge;
Therefore, That the Parish of Bos-
sier, in conjunction with the City of
Shreveport, acting under and by virtue
of Act No. 81 of the General Assembly
of the State of Louisiana for the year
1912, as amended and re-enacted by Act
No. 1874 OF 1914, and such other acts or
statutes of the State relating to the sub
ject matter as may now or hereafter
exist, do issue Six Thousand Dollars of
certificates of Indebtedness, represented
by twelve certificates, each for the sum
of Five Hundred Dollars, dated January
20, 1915, and conditioned to bear per
cent per annum interest from date until
paid, such interest payable semiannually
on the Goth day of June and the 10th
day of December of each year, and as
representing such interest that coupons
be attached to said certificates of indebt-
edness STIMULATING the payment Of such
interest semiannually, and that the
President and Secretary of the Police
Jury of Bossier Parish, in conjunction
with the Mayor and Superintendent OF
| Finance and Accounts of the City OF
| Shreveport, Louisiana, be directed and
empowered to cause the same to be is
sued and sold in order to provide funds
and revenues necessary for the payment
of the balance due for the construction
of said traffic bridge across Red River,
as aforesaid, and the said fund arising
| from the sale of such certificates of in
debtedness is hereby pledged and set
| apart for the payment of said balance
due on the construction of said traffic
bridge, as aforesaid, and the same shall
not be used for any other purpose what
ever, and for the payment of which the
said Parish of Bossier, in conjunction
with the said City of Shreveport, Louis
ana, do hereby personally bind and obi
gate themselves in solido and do hereby
set aside and dedicate the funds anG
revenues to be derived by it and the said
City of Shreveport from the tolls and
charges from said traffic bridge, after
deducting the reasonable cost of main
tanning it in good condition, which tolls
and charges shall at all times be main
tanned and collected in sufficient amount
for the payment of said certificates Of
indebtedness herein authorized, with in
terest thereon as they mature, as we'll az
for the payment Of the said certificates
of Indebtedness, issued under and by
virtue of said ordinance of November
II, 1912.
Be it further ordained, That the sale
certificates of indebtedness shall be o.
the following numbers, tenor, amount
and maturity to-wit: