The Bossier banner., 1915-08-19
AN ORDINANCE
Providing for the issuance of certificate
aH i,odohtndnorc hnnal 70

AIN OADIN ANVIL
Providing for the issuance of certificates
of Indebtedness, based on a special |
5-mill tax of Road District No. of
Bossier Parish, Louisiana, for $40, 900,
represented by eighty certificates for
$500 each, to be used in payment of |
contract price for the building Of |
bridges and permanent hard roads in
said district.
Whereas, on the 28th day of June,
A. ID. 1915, the Police Jury of Bossier
Parish, Louisiana, duly passed and
adopted an ordinance calling a special
election to be held in Road District No.
OF said parish, consisting of Wards
One and Two and that part of Ward Six
designated as alluvial lands and en-
braced within the boundaries of the
Bossier Levee District, to be held on
the 7th day of August, 1915, to submit
to the voters of said district PROPOSE
tion to levy special 5-mill tax on all
the property subject to taxation in said
district for a period of five years, be-
ginning with the year 1915 and ending
with the year 1919, both inclusive, for
the purpose of building, constructing,
repairing and maintaining public roads
and bridges in said district, and also
providing that the Police Jury should
meet in open session on the 10th day of
August, 1915, for the purpose of opening
the ballot boxes, examining and count
ing the ballots, and promulgating the
returns of said election; and,
Whereas, said election was duly held
on the 7th day of August, 1915, in ac-
cordance with the Constitution and laws
of the State of Louisiana, and in COM
pliagce with the ordinance of the Police
Jury, which ordinance was duly pro-
mulgated as required by law; and,
Whereas, on the 10Th day of August,
1915, the Police Jury met in open ses-
sion, as provided in said ordinance, for
the purpose of opening the ballot boxes,
counting the ballots, both as to number
and amount, and did then and there
duly declare the result thereof to be in
favor of said special tax, which result
has been duly promulgated, as required
by law; and,
| Whereas, all other acts, conditions
and things necessary to be done prece-
dent to the levying of said special tax
have happened and been performed in
compliance with the Constitution and
laws of the State of Louisiana; and,
| Whereas, contracts have been made
by the Police Jury, as the governing
authority, in behalf of said road district,
for the construction of roads and bridges
in said district, which work is in process
of completion in compliance with each
and all Of the conditions of said con-
tracts, aud, when completed, in accord
ance with said contracts, it will be
proper for the Police Jury, as the gov
erning authority of said district, to ac-
cept said work and to pay the contract
price therefor; and,
Whereas, in view of the fact that there
are not funds in the treasury of the
parish to the credit of said district to
| pay for the said work; and,
/ Whereas, the contractors have agreed
to accept interest bearing certificates OF
!, said road district, payable in from one tc
] five years, bearing interest at per cent
per annum, payable semiannually:
Now, therefore, be it resolved and or
. dained by the Police Jury Of Bossiel
Parish, Louisiana, in regular session
convened, That, in order to make pro.
i vision to pay the contract price for ths
j building and construction OF bridges ant
permanent hard roads in said district il
| conformity with the contracts for tn,
construction OF same, the President ant
E Clerk of the Police Jury be and they ar,
' hereby authorized and instructed t,
!. issue eighty certificates Of Indebtedness
of the denomination OF $500 each, pred
icated upon the 5-mill special tax vote'
in said district, as aforesaid, the same t
be known as Bridge and Road Ger
ltificates of Indebtedness of Road Dis
trict No. /, Bossier Parish, Louisiana
for the Year of 1885," said certificates
bear per cent per annum interest, pay
able semiannually, to be represented b
coupons attached to same; both cert
II ficates and interest coupons to be paya
II BILE at the American National Bank,
i the city of Shreveport, La.
Said certificates to be dated Septem
,. Der /, 1915, and to bear serial number
II from to so; and they shall be due an
le payable as follows:
ID Nos. to 16, Inclusive due March l, 1916.
, Nos II to 32, inclusive, due March /, 1917.
a. Nos. 80 to 4S, inclusive, due March |, 1918
" Nos. 40 to "a, inclusive, due March |, 1919
Nos. Go to 80, inclusive, due March /, 1920.
J. Be it further ordained, That the Pre-
ident and Clerk of the Police Jury
IS and they are hereby instructed to eau
to said certificates to be prepared at on
o. and to sign each certificate. On Il
" coupons attached to said certifcat
IL shall be Autographed fac sinile OF t
: signatures Of the President and Seer
tary of the Police Jury.
oy Be it further ordained, That ca
IL year, while any of said certificates q