St. Landry clarion. (Opelousas, La.) 1890-1921, 1915-07-17

isiana, and
Whereas. the funds derived iron
the sale of said bonds authorize,
as aforesaid are insufficient to com
plete the highways provided for il
the resolution of the Police Jury o
date Feb. End, 1914: and
Whereas, it is deemed neces.
sary and expedient to complete SAT-
highways as originally contemplat
ed, and to have sufficient funds OF
hand to maintain said highways a!
constructed: and
Whereas, for the completion o.
such highways and the mainte-
nance thereof when completed thu
additional sum of Si2, 100000 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 of Si7.000.00:
NOW THEREFORE:
Be it ordained by the Police Jury
of st. Landry Parish. State OF Lou
isiana:
Section 4. That for the purpose
1 80 nncfn,,afTn hirburaxc and tho
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 S12.000.00, in
accordance with the provisions OF
Paragraph 4 of Article 28t of The
Constitution Of Louisiana.
Section 2. Said issue shall consi st
~ bonds of the denomination OF
100000 each, numbered conseeu-
lively from 1 to IL inclusive, dated
August ist, 1915, and due and pay
able February ist, 1926.
Section 8. Said bonds shall bear
interest at the rate of five per
cent per annum, payable semi-an-
nually O 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
bonds. and said bonds shall be ex-
ecuted in the following form:
UNITED STATES OF AMERICA. |
ST. LANDRY PARISH.
ROAD IMPROVEMENT BOND.
KNOW ALL MEN By sY0o T PH1ssls
PRESENTS: That the Parish of
st. Landry, in the State of Louisiana,
is indebted to and for value re-
celved, hereby promises to pay the |
bearer One Thousand Dollars, law
full money Of the United States Of
America, on the first day or Feb
ruary, Al. ID. 1926, with interest
thereon at the rate of five per
eentum per annunl. from date here
OF, payable semi-annuai.y on the
first day of February and August
IN each year. on presentation ard
surrender of the annexed coupons
bearing a facsimile of the sigma
lures of the President and CLERK Of
the Police Jury of said Parish, as
they severally become due. Both |
principal and interest of this bond
are payable at The National Park
Bank in the City of New York. State
Of New York, and the avails OF the
residue of the ten mill tax for the
year 1924, authorized by Article 232
Of the Constitution of Louisiana.
after the payment of all statutory
and ordinary charges. have been
dedicated and appropriated and are
pledged for the payment of
principal and interest hereof
it maturity. Il
This bond is one Of a series OF
z bonds OF like date, tenor and
'ffect, issued by the Police Jury OF
aid Parish for the purpose of con- !
'tructlng highways and the main j
,enance thereof, in and for said I
'arlsh, under and by authority of J
In accordance and full compli- !
with the Constitution and laws
4 the State of Louisiana. and es-
,ecIally Paragraph 4 of Article 28I i
i said Constitution. and an ordi- ).
lance duly and regularly passed ]
nd adopted by the Police Jury Of
aid Parish on the 9th day of July. (
9i5. y
And it is hereby Certified, Re
tied and Declared that the residue
4 the ten mill tax for the year
924, authorized by Article 232 OF
ne Constitution of Louisiana, after
provision for the payment
+ all statutory and ordinary
harges, will be amply sufficient to b
ay the principal and interest of
his bond and all other bonds of T
aid series at maturity: that all 6
cts, conditions and things required
} be done precedent to and in the =
suance of said bonds have been !
roperly done, have happened, and II
ave been performed, in regular
nd due form, as REQUIRED by law,
i'd that said indebtedness does
exceed any statutory or con- /,
itutional limitation. :
IN Testimony Whereof. We. the
adersigned officers of the Police
Try of st. Landry Parish. State of n
oulslana, being duly authorized to .,
-ecute this obligation on behalf of :
id Parish. have hereunto set our =
signatures, as of the first q
" Of August. Al. D., 1915. ID
and Countersigned: :
President. J