The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-09-25

first interest payment shall be made on
the first day of May, 1916, as evidenced
by interest coupons attached thereto;
and both principal and interest of said
bonds shall be payable at the office OF
the treasurer of Grant parish in the
town of Colfax, or at such bank as
may be designated by the purchaser of
the bonds, and said bonds shall be sign
ed by the president of the police jury
of the said parish of Grant and attest
ed by the secretary of the police jury,
provided that the said interest coupons
shall be authenticated by the fac-simile
signatures of said president and secre-
tary. And il provided that said bonds
and coupons shall be in substantially
the following form:
UNITED STATES OF AMERICA
State of Louisiana
Parish of Grant
No.. Road District Number i've s..
FIVE PER CENT ROAD BoiD
Know all men by these presents,
That the parish OF Grant, State OF
Louisiana, on behalf OF road dlstric;
number five OF said parish is indebted
ana for value received hereby promises
10 pay to bearer five hundred dollars
lawful money of the United States OF
America, on the first day of May, 10. :,
with interest at the rate OF five per
centum per annum from date hereof,
payable semi-annually on the first days
Of May and November, except that the
first interest payment will De on MAY
l, 1916, on presentation and surrender
Of the annexed coupons bearing fac
SMILES of the signatures OF tie presi-
dent and secretary of the police jury
of the said parish as they severally be-
come Gue. Both the principal and in
terest OF this bond are payable at the
Office Of the treasurer OF said parish al
Colfax, Louisiana, or at such bank as
may be designated by the holder OF
this bond ana Oh the interest coupons.
This bond is one OF a series OF thirty
three bonds of like date, tenor and Ell
feet, excepting as to maturity, ISSUED
by the police jury CT the parish Of
Grant, State oil Louisiana, on befa lf OF
road district NUMBER five OF said parisf
for the purpose OF road construction
and Improvement within the confines
of said district, under and in full com
pliance with the constitution and laws
of the StaJe of Louisiana, and especial
iy Article 2Sl of the constitution ant
Act 256 OF 1910 and Act 2l8 of 1912 ant
an ordinance duly and regularly adopt
ed by the police jury of said parish OF
the 30lh day of August, 1915, and OF
behalf of said road district said parish
is hereby held and firmly bound anG
the full faith and credit of said district
are hereby pledged for the payment o.
principal and interest hereof at maturi
ty.
1t is hereby certified. recited and de
clared that ample provision for the ay
ment of the principal and interest he re
of has been made by the voting OF au
thority to issue said bonds and to lev,
sufficient tax each year on all p OPP
erty, beginning with wear 1915 and run
| ming for the life of the bonds. all ii
full accord with the constitution ant
laws of the State of Louisiana, as here
| in above recited, ard that all acts
things and conditions require to b.
done, precedent to and in the Issuance
of said bonds, have been properly done
have happened and have been perform
ed, and that the Indebtedness of sal
district does not exceed any constitu
tional or statutory limitation.
In testimony whereof we the under
signed officials of said police jury o
| the parish OF Grant, State of Louisi
ana, being duly authorized to execut
this obligation on behalf of said paris
and of said district, have hereunto Sc
our signatures, on this the first day o
September, 1915.
| President
Attest.