The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-09-04

dated September l. 1915, and maturing
serially, as follows:
| Numbers to z, inclusive, on May /,
1916.
! Numbers to IA, inclusive, on May 1,
1917.
| Numbers Is to 81. inclusive, on May
l, 1918.
! Numbers % to 81, inclusive, on May
l, 1919.
Numbers % to 80. inclusive, on May
l, 1920.
All of said bonds bearing interest at
the rate of five per cent per annum,
payable semi-annually on the Erst days
of May and November of each and
every year until final payment of the
principal sums thereof, except that the
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 it is provided that said bonds
and coupons shall be i'm substantially
the following form:
UNITED STATES OF AMERICA
State of Louisiana
Parish of Grant
No.. Road District Number Five S..
FIVE PER CENT ROAD BOND
Know all men by these presents,
That the parish of Grant, State of
Louisiana, on behalf of road district
number five of said parish is indebted
and for value received hereby promises
to pay to bearer five hundred dollars
lawful money of the United States of
America. on the first day of May. 49, :,
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 be on May |
l, 1916, on presentation and surrender
of the annexed coupons bearing fac
SMILES of the signatures of the presi-
dent and secretary of the police jury
of the said parish as they severaly be-
come due. Both the principal and in
terest of this bond are payable at the
Office of the treasurer of said parish at
Colfax, Louisiana, or at such bank as
may be designated by the holder of
this bond and of the interest coupons.
This bond is one of series of thirty
three bonds of like date, tenor and eff
feet, excepting as to maturity, issued
by the police jury CT the parish of
Grant, State of Louisiana, on behalf of
road district number five of said parish
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 State of Louisiana, and especial
ly Article 281 of the constitution and
Act 256 of 1910 and Act 21S of 1912 and
an ordinance duly and regularly adopt
ed by the police jury of said parish on
the Both day of August, 1915, and on
behalf of said road district said parish
is hereby held and firmly bound and
the full faith and credit of said district
are hereby pledged for the payment of
and interest hereof at maturi-
ty.
1t is hereby certified. recited and de-
clared that ample provision for the pay
ment of the principal and interest here
Of has been made by the voting of au-
thority to issue said bonds and to levy
a sufficient tax each year on all prop
erty, beginning with wear 1915 and run (
ming for the life of the bonds, all in
full accord with the constitution and
avs of the State of Louisiana, as here I
in above recited, and that all acts, l
things and conditions require to be
lone, precedent to and In the issuance 1
Of said bonds, have been properly done. s
nave happened and have been perform I
I'd, and that the Indebtedness of said |
district does not exceed any constitu- $
tional or statutory limitation. II
In testimony whereof we the under s
signed officials of said police jury of
he parish of Grant, State of Louisi- I
ma, being duly authorized to execute G
his obligation on behalf of said parish I