The Caldwell watchman. (Columbia, La.) 1885-1946, 1915-04-23
School Board Proceedings
ORDINANCE MOI.

teen hundred Isl, 10000 dollar,
proceeds of said issue to be use,
to erect and equip school build
, ing in said schoo district.
Whereas, it is necessary anC
desirable that funds be raisec
Tor the purpose of erecting anc
equlpplng a school building .ir
school district No. 27, Caldwell
Parish, La, and
Y. Whereas, it is the voluntary
Will Of this body to call the cleo
tIon hereinafter provided for,
and
Whereas, Article PSI of the
constitution Of 1898 and 1913,
ana Act 256 Of the legislature
OF 1910, as amended by Act 219
OF l9l2, declares the school board
or the Parish Of Caldwell to be
the governing authority through
which the said school district
may incur debt and issue ne
gotlabIe bonds for such purposes
when SO authorized at an cleo
tlon to be held in the said dis
trlct, and
Whereas, the assessed valua-
ton of the said district amounts
to eighty thousand one hundred
seventy one ($SO,17D dollars,
and the existing bonded indeot-
edness incurred under Article
Zol OF the constitution of 1898
ana 1918, amounting to eighty
thousand one hundred seventy
one ESQ, I'D dollars added to
the proposed Indebtedness does
not exceed the constitutional
limit of ten per cent of the as
SeSsed valuation, and
Whereas, the special tax neces
sary to be annually levied to ex-
tlnguish the proposed indebted
ness will approximate seven
mills, which added to the exist
Ing special taxes annually l lev
led under Article 2S1 of the cen
situations of 1898 and 1919 to ex
Indebtedness incurred
under said Article will not ex-,
ceed the constitutional limit of
ten mills per annum on the dol
lar OF assessed valuation Of the
Of said district 1bcw,
therefore f--
Sec. 1. Be it ordaiI. n lei.
B Board I., q School R[l;aa led !, ON
sioHf convened, that an "a EtSss 7,
shall be, and is hereby called 10 I
De held in the said school dis ,
,rict No.27 in the Parish of gald !
we'll, La, on the 25th day of
May 1915, at which election the I
of the property taxpay
ars Of the said district, IN numb {
er and amount, eligible to vote
and voting shall determine the |
proposition to incur debt and is !
sue bonds of the said schooldis-
trict No q, Caldwell Parish, la, t
to the amount of fifteen bundled r
Isl, 100000 dollars to run for a 9
period Of 5 years, bearing inter- : :
est at the rate of five per cent t
per annum, payable annually, 0
the funds thus derived to be .
used for the purpose of erecting q
and equipping a school building
in school district No. II, Cad e
we'll Parish, La. / P
Sec. 2. Be it further ordaied n
etc., that the ballot boxes, nc h
essary blanks and other neceS- :
airy paraphernalia shall be pp- ,
viGed by the secretary of le !
Parish Board of School Directs q
aud he shall cause to be prinad
ballots for use in said electih, .
in the following form, towit:,
Proposition to incur debit n
and issue bonds of SCHOOL, III
district No. 27,in the par
ish of Caldwell, louisa va I
ma, to the amount of fif- al \
teen hundred dollars ISL
100000 to run for fve(5)I hi
years, bearing interest 81 :
at the rate of five per
cent per annum, payableI /
annually, fsr the purpose MA q
of erecting and equipp- IVY )
ing a school building in
school district No. q.
Taxable Valuation S Il |