The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1916-09-30
Meeting Of Sub-DralnaSe
District No. 9 Of the Cyp'
remort Drainage District.
BALDWIN. La, SEPT. 18th. 1916

BALDWIN. La, SEPT. 18th. 1916.
A meeting Of the Board of Commissioners
Of Sub.Drainaee District Numper OF me
Cypremort Drainage District. was held TINS
day at the Office of the Board. pursuant 10
cali with the following Drainage Commits.
s;onars nrssent. to-wit: Z. Z. Sims, Henri
Julien. Arthur Richard and W. +. Giles.
Absent: None.
The Vice. President stated that the object
nj he meeting was included IN the call ana
was for the purpose OF passing ana adopt
ing a resolution authorizing the Isslah &c
OF bonds for Sub>Dralnage i'lslfitt Nun,
Der 2 of the Cypremort Drainage DISTRICT
of the Parish Of st. Mary. state OF LOUIS
lana, and leyying a tax to provide Tor Inc
payment of principal and interest.
Whereupon Mr.. W. +. Giles presenle"
the following resolution, " nich upon NO
ton of Mr.. Henri Julien, duly seconded
was Unanimously adopted, to VII:
Whereas. at An election held on Tue, day:
the 4tb day OF April. 1916. duly called and
held in sub Drainage l,l>tllrt Nu'huer :
Of the Cypremort Drainage District OF the
Parish OF II Mary. state OF LOUISIANA.
there was submitted to The quallhea prop
erty taxpayers the proposition OF leNNlhS
an annual contribution or acre. G@ TAX OF
Fifty cents per atre for period OF thirty
seven years beginning with the year 1910,
and extending 10 and including the year
1852 upon all Of The lands IN said Suo-
Drainage District: at the same eltc'
ton there was also submitted 10 the guam
fled property taxpayers the proposition u
authorizing the Board of commissioners
of said sub-Drainage District to incur m
debtedness ana to Issue negotiable bonds
therefor, amounting In the aggregate
to the sum of Fourteen thousand
($l4,O O.00) Dollars. payable IN principal
aud interest out of the amount to be raised
by said contribution or acreage tax during
said period; and.
Whereas, due and timely notice of the
time and in the manner prescribed by law
was given Of said election. and majority
L. in numbers and amounts OF the property
taxpayers qualified as electors under the
Constitution and laws Of the Stale or
Louisiana. voting at said election, author
lied tine Board Of Commissioners to levy
said tax of Fifty cents per acre upon every
acre of land in said sub Drainage District,
for period Of thirty-seven years begin
ming with tho year 1916, and to issue
bonds Of said Sub-Drainage District in
the amount of Fourteen thousand
1914 ,OOO.0O) Dollars in anticipation OF the
collection of said taxes; and therefore,
Be it resolved by the Board OF Commits.
sioners of sub Drainage District No. 2 of
the Cypremort Drainage District Of
the Parish of st. Mary, State of Louis
ana, in session duly convened, that there
shall be and is hereby levied a continuing,
annual tax or annual contribution or acre.
age tax upon all of the lands within the
limits OF said Sub-Drainage District in the
sum of fifty cents per acre for period Of
thirty seven years, beginning IN the
year 1916 and extending to and including
the year 1852, SO as to raise during said
period of thirty-seven years the sum Of
Fourteen Thousand tSl4,0OO.OO) Dollars;
and said sum of Fourteen Thousand (s14,-
OOO.OO) Dollars shall be collected during
said period of time, and the same is here
by appropriated to the uses and purposes
Is hereinafter set forth.
Section 2. Be it further resolved, that
there shall be and are hereby ordered to
be executed the negotiable bonds Of
said Sub>Drainage District in the sum Of
Fourteen Thousand t$l4, OO0.OO Dollars, to
be dated the day Of the sale, all of which
bonds shall be of the denomination of One
Hundred Dollars each, and all bearing in.
terest at the rate Of five per cent per an
mum, payable the first day Of June, 1918,
and annually thereafter Oh the first day Of
June in each year, said interest to be
evidenced by interest notes or coupons at
tached 10 said bonds respectively; and
said bonds snail be Of the numbers and
denominations and shall mature as fol-
lows: