The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1915-04-16
Ordinance No, 2.

Ninety Five Thousand Dollars,
tSSSoG0.O0l upon Subdivision
"a" OF Grand Marais Drainage
District No. / for thu purpose
OF leyeeing, pumping, draining
and retaining the lands EN-
braced within said Subdrainage
District "A' and authorizing
the issuance o. bonds repre-.
senting said indebtedness SAID
bonds maturing at intervals
from 1917 to 1897. both !aclu.
SlVer from the date OF ISSUANCE,
bearing interest dt the rate Of
five per cent per annum, inter,
est payable semi.annuallv.
Section l. Be it ordained, by the
Board OF Commissioners of Grand
MaraiS Drainage District No. |, that
acting upon the authority OF petition
presented to US. duly executed by the
owners Of more than two. thirds OF the
acreage comprised within the confines
OF Subdrainage District a." and IN
accordance with the report OF the
Board of State Engineers. made upon a
survey Of lines and leveeS OF SAID dis,
trict, which report declares that Is ieasi.
BILE to thoroly drain and reclaim said
Subdrainage District "A, at cost moi to
exceed Twelve Dollars $l2OJ er ere,
for nine thousand six hundred i96000)
acres contained with said Subdtainage
District; that the character OF the land
within said Subdrainage District "a" is
rich, prairie lands, all of which is more
fully shown by tne report on lille with
Secretary OF this Board, and in accord.
ance therWith, they do hereby incur on
behalf Of said Subdrainage District "a"
of Grand MaraiS Drainage District No.
l, an indebtedness of Ninety. Five
Thousand Dollars $685. 100000 Dollars,
and as evidence of said Indebtedness,
do hereby authorize the issuance by
the President and Secretary Of this Dis.
triCt, under the seal thereof, of one
hundred ninety (19O) bonds of Five
Hundred Dollars tS5OOO0) each in de.
nomination, said bonds bearing inter.
est at the rate of five Isl per cent per
annum, payable Semtannually, OH the
first days of April and October of each
year.
| Section g. Be it further ordained
ETC., that one hundred ninety $500
bonds of Five Hundred Dollars t$5OO.0O)
each, representing a bonded indebted.
ness incurred by the preceding section
of this ordinance shall mature upon the
following dates, to.Wit:
! Bonds No. One ~, Two az, Three
(3), and Four al for the sum of Five
Hundred Dollars tS5OO.OO) each, due on
the first day Of April. 1917;
Bonds No. Five (5L Six (6J Seven (7),
and Eight 49, for the sum of Five
Hundred Dollars t$5OO.0Gl each, due on
the first day of April, 1918;
Bonds No. Nine 8, Ten 10, Eleven II,
Twelve IL, fof the sum of Five Hun.
dred Dollars, $500 90, each, due on the
first day of April, 1919;
Bonds No. Thirteen, Is, Fourteen, IA
Fifteen, Is, Sixteen, 16, for the sum OF
Five Hundred Dollars, $4,000, each, due
on the first day of April. 1920;
Bonds No. Seventeen, II, Eighteen IS
Nineteen, 10, and Twenty, 20, for the
sum of Five Hundred Dollars, $4,000
each, due on the first day OF April, 1921
Bonds No. TWenty.one, II, Twenty
| two, %, Twenty. three, %, Twent.four
| "a. Twenty-Five. rs, TWenty-six, rs, fol
the sum Of Five Hundred Dollars, $500.
| 90, each, due on the first day of April
1922;
! Bonds No. Twenty.seVen, q, Twenty
eight, %, Twenty-Five, 20, Thirty, 80
Thirty.one, 81, Thirty.two, 81, for tn,
sum of Five Hundred Dollars, $50O,0C
each, due on the first day of April, 1922
Bonds No. Thirty.three, 80, Thirty
four, "a, Thirty.fiVe, IS, Thirty.six, 81
Thirty.seven, 81, and Thirty.eight, 81
for the sum of Five Hundred Dollars
$4,000, each, due on the first day G
April, 1923;
Bonds No. Thirty.nine, 80, Forty, Il
Forty.one, Al, Forty.two, AZ, Forty
three, 43, and Forty.four, "A, for tn
sum of Five Hundred Dollars, $5O0.O(
each, due on the first day of April, 1872
Bonds No. FQrty.five, As, Forty.si1
48, Forty.Seven, AZ, Forty.eight, a
Forty.nine, 40, and Fifty, so, for th
sum OF Five Hundred Dollars, .$500.0I
each due on the first day of April, 1926
Bonds No. fifty.one. 81, fifty twt
So, r fty.three, So. Fifty.four, 81, FIT!
five, SIS, and Fifty.Six, Sc, Tor the sum