St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-10-07

Whereas, the question suDmHted
at the said election was to deter
mine the proposition:
First: To- authorize the Second
| Road District of the Fourth Police
Jury Ward Of the Parish of st.
Landry. through its governing au-
/ thority to incur debt and issue
| bonds to the amount OF Seventy
Five Thousand Dollars, {S75, ,000.0O), ,
| TO run for period of % years,
| bearing interest at the rate OF five
per cent per annum, payable SEMI
| annually; the funds thus derived
| to be used for the purpose OF con-
/ structing, maintaining and repair
ing the public roads and bridges IN
| said Second Road District of the
said Fourth Police Jury Ward;
Second: Whereas, a special tax
| of not more than 10 mills on the
dollar per annum in addition to
the Vehicle and Per Capita Tax
levied under existing ordinances,
] shall be annually levied on all
taxable property in the Second
! Road District of the Fourth Police
Jury Ward Of the Parish of st.
| Landry, to an amount sufficient to
extinguish such debts as the gov
erning body of said Road District
! may incur and to pay such bonds
/ in principal and interest as it may
1 issue under the authority herein
proposed to be granted it. The bal
ance of said tax after the payment
of said bonds in principal and inter-
est, to be used by the governing
| authority of said Road District IN
constructing, maintaining and re-
pairing the roads and bridges OF
said Second Road District OF the
said Fourth Police Jury Ward.
Which said propositions were
| lawfully carried at said election,
as shown by the process verbal OF
| the Police Jury of the Parish OF ST.
Landry, on the Seventh day OF
| August, A. d., 1916. Of the canvass
of returns; and.
Whereas, the result Of said eIec-
! ton has been duly promulgated on
! the Seventh day of August, A. D.,
| 1916, as required by law, and no
contest has been filed within sixty
days from said date; and,
| Whereas, the Police Jury of said
Parish is recognized and made by
law the governing body of said
! road district, through whom such
bond issue shall be proceeded with
and said authorized tax levied,
/ now,
Therefore.
Section +. Be ii ordained by the
Police Jury Of the Parish of st.
Landry, in lawful session convened:
| that the President and Secretary
of this Police Jury shall be author
ICED on behalf OF the Second Road
District of the Fourth Police jury
| Ward of the Parish of ST. Landry,
acting for and in the name of the
governing authority OF said Road
/ District, the Police Jury, and are
! directed to incur debt to the
| amount of Seventy-Fiye Thou
sand Dollars, $75, ,000.00l. and to
make and sign negotiable bonds
therefor, numbered consecutively
from One dl to Seventy-Five (75ll
the first four of which shall be-
come due within four (N years and
the last three which shall mature
/ in the year 1889; and which shall
draw interest at the rate of 5 pei
cent per annum from date Of is
sue, payable semi-annually on the
fst day Of January and the fst day
of July, with the interest coupons
attached to each bond. And sale
bonds shall not be sold for less
than the price now fixed by law.
Section 2. Be it further ordain-
ed, etc. That the proceeds Of sale
bond issue. when negotiated shall
be deposited in the treasury o.
said Road District and there sf1al
be and remain a trust fund to b
used for the purpose only that th'
same was levied and collected, to
wit:
+. For the purpose of constructing
maintaining and repairfng the pub
lie roads and bridges in said Roa,
! District.
Section 8. Be ii further ordain
ed, ETC.. That said bonds shall be O
date the First day of January, A
D.. 1917. and shall begin to matur
on the First day of January, A. d
1924, and shall become due an
. payable each year thereafter unit
, and including the ist day of Janu
ary, A. D., 1889, and shall be j
numbers and amounts as follows
Seventy-Five fT51 bonds of th
!. denomination of One Thousan
Dollars (Sf, f,000l each and dates {
: maturity as follows, to-Wit::
Four f4l bonds payable Jan'lar
9 Isl. 1921.
7 Four {N bonds payable Januar
st 4ae2;;
q bonds payable Ianuaf
!. fsf ooa
: Four (4) bonds payable JanuaT
ist, 1924;
-Four (4 bonds payable Januar
& fst, 1926:
Four bonds payable Janual
list, 1926:
J, Four al bonds payable Janual
: ist. 1927;
Four tN bonds payable Jan,lal
: tst, 1928;
e Four t4 bonds payable Janual
ist, 1929;
Four fA bonds payable Janual
il fst. 1880;
Four (A bonds payable Januaf
fst. 1891;
o -Four A) bonds payable Janua
Ist, 1882:
/, Four i4) bonds payable Janua
: Isl, 1888;
. Fnl1r "a hOuds Dayable Janua