The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-06-19
AN ORDINANCES

AN ORDINANCE
To set aside one mill per annum of the
general parochial tax levy for the
years 1915, 1916 and 1917, levied and
to be levied by the police jury of the
parish of Grant, Louisiana, for said
years, for the construction, maintain
ing and repairing of the public roads
and bridges of the parish during said
years, and to appropriate out of said
one mill so set aside for said years
whatever part thereof is necessary
for the payment of the principal and
interest of certain certificates of in
debtedness given to the White Com
pany, of Cleveland, Ohio, by order
of this body to pay the remainder of
the purchase price OF a certain good
roads truck purchased by this body
of said company.
Be it ordained by the police jury of
the parish of Grant, State of Louisi-
ana, in special session convened:
Section 1. Whereas by Article 292
of the constitution of the State of Lou
isiana, adopted in the year 1918, the
police juries of the several parishes of
the State of Louisiana are authorized
and empowered to set aside at least
one mill of the taxes per annum levied
by them in order to raise funds for the
purpose of constructing, maintaining
and repairing the public roads and
bridges of the parishes, and whereas it
is necessary and advisable, and the
public service and interests require the
construction of additional public roads
in the parish of Grant, and the main
tainance and repair of the public roads
already constructed in the parish, and
whereas in the opinion of this body the
public interests and the public service
will be subserved and facilitated, and
such construction, maintenance and re-
pair hastened and rendered more GER
tain by the purchase of a good roads
truck for use in such work, and where
as this body has made such purchase
of the White Company, of Cleveland,
Ohio, paying part in cash, and agree
ing to pay the remainder of the price
on credit as follows: Eight hundred
dollars on February 1st, 1916, two thou
sand dollars on July LIST, 1916, and sew
enteen hundred dollars on February 1st,
1917, with five per centum interest per
annum on such deferred payments until
paid; and whereas this body has this
day authorized and by this ordinance
authorizes the president of this body,
r. w. Richardson, to sign, and where
as he has so signed certificates of in
debtedness of this body, dated Colfax,
La, June z, 1915, payable to the order
of the White Company aforesaid for
said deferred or credit payments to be
made for the amounts, with interest
and maturities, as above stated; now,
therefore,
Section 2: Be it further ordained,
tax levied and to be levied by the DO
lice jury of the parish of Grant, Louisi-
ana, for the years 1915, 1916 and 1917
be and the same is hereby set aside to
raise fund for the purpose of con-
structing, maintaining and repairing
the public roads and bridges of the par
ish of Grant for said years, and so
much of said fund as may be necessary
thereof be and the same is hereby set
aside for the payment of the principal
and interest of the certificates of in
debtedness owing to the White Compa-
ny aforesaid, to-wit: Eight hundred
dollars due February LIST, 1916, two
thousand dollars due July LIST. 1916, and
seventeen hundred dollars due Febru-
airy LIST, 1917, together with five per
centum per annum interest on each of
said certificates from date thereof un-
til paid.
Be it further ordained, That said
certificates of Indebtedness shall be in
the following form, numbered l, 2, 3,
in order of their maturities for the
amounts above stated, to-wit:
CERTIFICATE OF INDEBTEDNESS.
Colfax, Grant Parish. La, !
June z, 1916.
On the day of -, 49,, the
police jury of Grant, State of Louisi-
ana, will pay to the White Company,
of Cleveland, Ohio, or its order, the
sum of--dollars, with five per cent
per annum interest from date hereof
until paid, for value received, being a
part Of the credit portion of the price
of q certain Good Roads Truck bought
of said company by said police jury,
the vendors lein being retained. This
certificate is given by and under the
authority of an ordinance of the police
jury of said parish, dated June z, 1915,
and is secured by the tax levy in the
said ordinance set forth, which funds
are appropriated to pay this certificate.
POLICE JURY OF GRANT PHI, La.
Certificates in which form the presi-
dent of this body is hereby authorized
to sign and deliver to said company.
Adopted June 4, 1915.
r. w. RICHARDSON,
r. s. CAMERON, President.