St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-07-24

as aforesaid are insufficient to COM
plete the highways provided for III
the resolution of the Police Jury OF
date Feb. End, 1914: and
Whereas, it is deemed neees-
sary and expedient to complete said
highways as originally contemplat-
ed, and to have sufficient funds on
hand to maintain said highways as
constructed; and
Whereas, for the completion OF
such highways and the mainte-
nance thereof when completed the
additional sum of Si2,000.M will be
required; and
Whereas, the revenues Of the
year 1924 have not heretofore been
anticipated, and provision has been
made for the payment of all statu-
tory and ordinary charges and all
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 and
will be a residue from the ten mill
tax authorized by Article 232 OF
the Constitution of Louisiana, in
the sum or S1I,UUU.UV.
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 the
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 for
the year 1924 as is authorized by
Article 232 of the Constitution Of
Louisiana, and for that purpose.
there be issued the bonds of said
Parish in the sum of $i2.000.M, in
accordance with the provisions OF
Paragraph 4 of Article 281 Of The
Constitution of Louisiana.
Section {. Said issue shall consi st
~ bonds of the denomination of
81, 100000 each, numbered cOnsecu-
lively from 4 to IL inclusive. dated
August LIST, 1915, and due and pay
able February list. 1925.
Section 8. 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 e1-
ecuted in the following form:
UNITED STATES OF AMERICAN
STATE OF LOUISIANA,
ST. LANDRY PARISH.
ROAD IMPROVEMENT BOND.
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 !
bearer One Thousand Dollars, law
money of the United States of
America, on the first day of Feb
A. d, 1926, with interest
at the rate of i've per
,entum per annunl. from date here
II, payable semi-anlntai.y on the
day of February and Augllst
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 Parish1M
hey ~Seyerally become due. b6tn
principal and interest Of this bond
ire payable at The National Park
Sank in the City of New York. STATED
If New York, and the avails of the
'esidue of the ten mill tax for the
year 1924, authorized by Articles
It the Constitution of Louisiana,
lfter the payment Of all statutory
md ordinary charges. have been
dedicated and appropriated and are
pledged for Lhe payment of
he principal and interest hereof
it 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-
itructing highways and the main
enance thereof, in and for said
oarish, under and by authority OF
md in accordance and full coInpli-
nee with the Constitution and laws
# the State of Louisiana. and es-
)ecially Paragraph 4 of Article 28i
if said Constitution. and a n ordi-
lance duly and regularly passed
nd adopted by the Police Jury of
aid Parish on the 9th day of July,
9i5.
And it is hereby Certified, Re-
tied and Declared that the residue
f the ten mill tax for the year
924, authorized by Article 232 of
he Constitution of Louisiana, after
provision for the payment
f all statutory and ordinary
harges, will be amply sufficient to
,ay the principal and interest of
his bond and all other bonds Of
aid series at maturity: that all
cts, conditions and things required
0 be done precedent to and in the
ssuance of said bonds have been
r0perly done, have happened. and
ave been performed. in regular
due form, as required by law.
nd that said Indebtedness does
OF exceed any statutory or con-
titutional limitation.
In Testimony Whereof. We. the |
Undersigned officers Of the Police
ury of st. Landry Parish. State of
ouisiana, being duly authorized to
xecute this obligation on behalf of
aid Parish, have hereunto set our
ficial signatures, as of the first
of August, A. D.. 1915.
TESTED and Gountersigned:
ZEAM EE 4EfZI IL