New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1915-05-22

N0 " Ao1hAhy AnsS Sa " ~
On motion Of DR.. Boykin. sec
onded by Mr.. Sealy, the following
ordinance was adopted by the to4
lowing vote:
Yeas: DR.. Boykin, Messrs. De
court, Delcambre Gary Romero
DR.. Sanders, Sealy and Valet
Nays, none. Absent, Messrs
Landry and Druilhet. Mr.. Gate.
declined to vote.
! Ordinance.
Of the Police Jury of the Par.
ish Of Iberia, amending an Ordi.
nance adopted by the Police Jury
on the 1st day of April, 1915, pro
viding for the issuance of bonds
in the sum Of Sixteen Thousand
Eight Hundred Dollars ($l6, 800
OO), the funds derived therefrOm
to be used for the purpose Of pay
ing Walter Y. Kemper, Engineer.
to lay out a comprehensive road
system in the Parish of Iberia
and make the necessary maps
therefor, ETC.; said amendment
changing the denominations and
the maturities of said bonds.
Whereas. at a meeting of the
Police Jury Of the Parish of Ibe-
ria. held on the 1st day of April.
1915, the Police Jury did adopt a
certain resolution. wherein it
ordered issued Sixteen Thousand,
Eight Hundred Dollars ($16, 500
of bonds, the funds derived there
from to be used for the purpose
of paying an engineer to Law out
"a comprehensive road system in
the Parish Of iberia and make the
necessary maps therefor; and.
Whereas, to evidence said in
debtedness of 10000, it pro-
vided for the issuance of one
hundred and sixty-eight (168)
bonds of the denominations of
$4,000; that portion of the ordi-
nance issuing said bonds and fix
ing the denominations and matur
tiles being as follows:
BE it further ordained that IL
order to provide the estimated
cost of said preliminary work and
map, there is hereby issued one
hundred and sixty-eight bonds.
numbered from one to one hun
dred and sixty-eight, inclusive,
consecutively, Of the Parish OF
Iberia, Of the denomination and
par value of One Hundred Dol
lars each, aggreeating, in all, Six
teen Thousand, Eight Hundred
Dollars; all of said bonds to bear
interest at the rate of five per
cent per annum from date of is
suance until paid, and said entire
interest being payable annually
on the First of April of each year.
beginning with April 1st, 1916.
and which bonds shall be payable
as follows. to-wit:
Bonds Nos. l to 81 inclusive, OF
500 each, shall become due and
payable on April 1st, 1916;
Bonds Nos. 32 to 64 inclusive
Of 800 each, shall become due and
payable on April 1st, 1917;
Bonds Nos. IS to SO inclusive
Of 800 each, shall become due
and payable on April 1st, 1918;
Bonds Nos. SO to 1874 inclusive.
IF 800 each. shall become due ana
payable on April 1st, 1919:
Bonds 135 to 1853 inclusive, of
800 each, shall become due and
payable on April 1st, 1920.
And, whereas, since the adop
ion of said resolution it has been
found that in order to dispose of
he bonds, that the denomination I,
# said bonds should be changed
md that some Of the bonds should
)e issued in the denomination OF
live Hundred Dollars ($5OO.OO) /,
ach; and, /
Whereas, the Police Jury be-
ieves it to the best interest of the
'arish of iberia that the numbers
nd denominations of said bonds
hould be changed So as to issue
ONE Of the bonds in the demon.
nation Of $4,000; now, there
ore,
Be it ordained by the Police
ury Of the Parish OF. Iberia, in
ession convened, chat the above
nd foregoing paragraph copied
rom the ordinance of the Police
ury of the Parish Of iberia,
dopted on the 1st day of April.
9l5, aforesaid, be amended and
so as to read as follows:
BE If further ordaincd 4haf :,