The Natchitoches enterprise., 1916-11-30
Police Jury Proceedings
Parish Of IlatchitOches, La.
Monday Nov. Goth 1916

The Honorable Police Jury met las
per special CALI with President Ham
nett presiding and all members pres
ent except MIR. Hart, and Marshall.
On motion of Mr.. Cook seconded by
Mr.. Hood, the following resolution was
offered.
By Mr.. Cook, seconded by Mr.. Hood:
AN ORDINANCE CHANGING THE
DENOMINATIONS OF $3.50, 10000
GOOD ROAD BONDS,
Be it ordained by the Police Jury of
the Parish Of NatchitOches, Louisiana.
in lawful session convened, that,
Whereas, by an ordinance duly passed
by this Police Jury, upon the fifth day
Of September 1916, bonds of Road Dis
trict No. 10, Natchitoches Parish LOUIS
lana, were authorized to be issued IN
the sum of Two Hundred and Fifty
Thousand $3.50, 000.0O Dollars for
highway purposes, and, -,
Whereas, said bonds have been duly
advertised for sale and have been sold
to the firm of Stacy & Braun ut price
of par, accrued interest. and a prem
ium of s4875. 90 and,
Whereas, said bonds have not yet
/ been executed and delivered, and the
the purchaser thereof desires that the
denominations of the same be 81 ,00O. 90
each; and,
/ Whereas, said change will not effect
in any way the obligation of the par
ish
Therefore be it ordained, that the
$3.50, OO0.OO Highway bonds of Road
| District No. 10, Natchitoches Parish,
shall be issued in the denomination OF
ST 900. 90, numbered from one to two
hundred and fifty, both inc usive, they
| shall be dated, mature and bear rate OF
| interest, and in all other respects shall
conform to the provisions and require
ments of said original ordinance OF
ISeptember 5. 1916.
Inc form of said bonds shall be sub
stantially as follows:
UNITED STATES OF AMERICA
STATE OF LOUISIANA
Parish of Natchitoches
Five (5qs) per cent Road District No.
10, Highway Bond 1880.
Know All Men By These Present:
That Road District No. 10 of the Par
ish Of Natchitoches, a political subdi-
| vision of the State of Louisiana, ack-
aowledges itself to owe and for value
received, hereby promises to pay to
bearer, upon the first day of March
| 10, the sum of
ONE THOUSAND DOLLARS
in lawful money of the United States
of America. with interest thereon at
the rate of five (5%) percent per an
mum, payable annually upon the first
day of March of each year; until the
payment of the principal hereof, upon
| presentation and surrender of the pro-
per coupons therefor hereto attached.
Both principal and interest hereof are
payable at the Hanover National Bank
in the City of New York.
Teis bond is one of a series of two
hundred and fifty bonds of like denom-
| nation, tenor and effect as to maturity,
numbered consecutively from one to
Two hundred and fifty, both inclusive,
aggregating Two Hundred and Fifty
Thousand $3.50, 100000 Dollars, is
amount. and is issued for the purpose
Of providing funds for constructing and
maintaining roads in said Road District
which bonds have been issued in strict
l
provisions of Article 281 of the Consti-
tut on Of the State of Louisiana, adop-
| Ted in 1898 and 1918, and Act 256 of the
-nersl Assembly of the State of
.nusiana for the year 1910, as amended
u act No. 2I8 of the General Assem-
| oiy Of said state for the year 1912, and
Act No 1873 Of the General Assembly
u said state for the year 1914, after
| III election on Tuesday, the 22nd day
j August 1916, on the question of such
issue by the property tax payers of
e4iI Road District No. 19 of the Parish
ii Narchltoches, held, canvassed and
NE results declared and promulgated
- gistered, all according to law
.athorizing such issue, of which elee-
ton there was no contest and none can
now lawfully be made.
1t is hereby certified and recited,
that all acts, conditions and things re-
CURED by the Constitution and laws of
the State of Louisiana, to exist, hap
pen and be performed precedent to
and in the issuance of this bond, do
exist, have happened and have been
performed in regular and due form,
time and manner as required by law,
that provision has been and will be an
nually duly made for the levy and col
lection of an annual tax sufficient to
promptly pay the interest and principal
of said bond issue as the installments
thereof become due, and that the
mo llil OF this bond together with all
,ther Indebtedness OF said district,
does noJ exceed any limitation imposed
he Constitution and laws Of the
state Of Louisiana For the prompt
payment of the principal and interest
u gtilis bond as the installments thereof
respectively become due, the full faith
credit and resources of said district are
hereby irrevocably pledged.
In testimony whereof, the Police
Jury of the Parish of Natehitoches in
the State Of Louisiana, in behalf of
Road District No. 49, has caused this
bond to be signed by the President of
said Police Jury, attested by the Sec
cary Uher1ot ana sealed with it's cor
.5uii .e szai, as.a the interest coupons
hereto ottecned to be signed with the
n 4, go .acslmiie signatures of
san aslO,u. and Secretary respec-
sjselg, ~hlcn said autographed facsi-
mlle agnavutes are hereby adopted by
aid President ana said Secretary res
pecllveiy
All OF whlcE nas been done as Of the