The Natchitoches enterprise., 1916-10-19

Hood, G. C. Sanders, ]. M. Marshall
]. F. Salter and F. A. Charleville.
Absent; w. w. Page.
The following ordinance was Offered
by Mr.. F. A. Charleville and seconded
by MIR. F. A. Cook.
AN ORDINANCE.
Whereas, an election was held il
Road District, No. 10, of the Parish o.
Natchitoches, on the END day OIL Aug
ust 1916, in accordance with an ordl
nance of the Police Jury of the Bird day
of July 1916, and notice of the same
published according to law, and,
Whereas, the question submitted al
the election was to determine the
Proposition to incur debt and issue
bonds to the amount of Two Hundred
and Fifty Thousand Dollars, $780,
900. 00) to run for twenty years, to-wlt
1916, l9I7, 1918, 1919, 1920, 1921, 1922,
1928, 1924, 1925, 1926, 1927, 1928, 1929,
1890, 1881, 1882, 1888, 1884 and 1895, tc
bear interest at the rate of five pei
cent (5%) per annum, all interest pay
able annually, for the purpose of con.
structing and maintaining grave
road from the Parish line between the
Parishes of Natchitoches and Sabine,
running thence to the town of Martha
vile in ward FIVE; thence to the town
of Robeline; thence to the City OF
Natchitoches; thence to Grand Ecore;
thence through ward four in south
erly direction, via. Clarence, to the
mouth of Saline Bayou, which is the
dividing line between the Parish OF
Natchitoches and Parish of Vim, and
for the construction and maintenance
of a gravel road from the City of
Natchitoches to the Village of Pow
hatan in ward three; and taence to the
Village of Allen in ward five, which
said proposition was lawfully carried at
said election as shown by the process
verbal of the Police Jury of the oath
day of August, 1916, of the canvass OF
returns. and,
Whereas, the result Of said election
was duly promulgated on the oath day
of August, 1916, as required by law and
Section 10 of Act $50 of 1910j such
PRONUNCIATION having been published In
the official journal of the Parish OF
Natchitoches in its issue of August
81st, 1916; and.
Whereas, the Police Jury of said
Parish of Natchitoches is recognized
by law and Articles 29l and 291 Of the
Constitution of 1898 and 1918, and Act
256 of the session of the Legislature of
1910, and Act No. 1873 of the Legisla-
ture of 1914, to be the governing
authority through whom such bond is
sue shall be proceeded with, now, there
fore
Section /. Be it ordained by the
Police Jury of the Parish of Natchi-
toches in lawful session convened:
That the President and Secretary of
this Police Jury OF. the Parish Of Match
itoches, State of Louisiana, shall be
and are hereby authorized, on behalf OF
said Road District, No IS, of the Par
ish of Natchitoches, acting for and IN
the name of the governing authority,
the Police Jury, and are directed TO
incur debt to the amount of Two Hun
dred and Fifty Thousand Dollars, and
30 make and sign negotiable bonds
therefore, numberedc onsecutively from
one to ninety, both inclusive, the first
of which shall become due within one
year from its date, towit: March 1st,
1915, and the last of which shall mature
on March LIST, 1885, and which shall
draw interest, to be evidenced by
coupons attached thereto, at the rate
of Ave per cent (5%) per annum from
date, payable annually on the first day
of March, and said bonds shall be sold
for not less than par.
Section 2. Be it further ordained,
etc.
That the proceeds of said bond issue,
when negotiated shall be deposited in
the Treasury of the Parish of Natchi-
toches, and there shall be and remain a
trust fund to be used for the purpose
only that the same was levied and col
lected, towit: For the
Purpose of constructing and main
tanning gravel road from the Parish
line between the Parishes Of Natchi-
toches and Sabine, running thence to
the town Marthaville in ward tivej
thence to the town Of Robellne; thence
TO the City Of Natchitoches; thence to
Grand Ecore; thence through ward
four in o southerly direction, via. Clar-
ence, to the mouth Of Saline Bayou,
which il the dividing line between the
Parish of Natchitoches and the Parish
Of Winn, and for the construction and
maintenance of gravel road from the
City of Natchitoches to the Village OF
Powhatan In ward three; and thence to
the Village of Allen in ward FIVE.
Section 8. Be it further ordained,
etc.
That said bonds shall be of date the
first day of March 1916, and shall be-
come due and payable each year there
after until and including the first day
of March 1886, and shall be in numbers
and amounts as follows:
Forty bonds numbered from one To
forty, both inclusive, each Of the de-
nomination Of Five Thousand Dollars.
Fifty bonds numbered from forty lone
to ninety, both inclusive, each OF the
denomination of One Thousand Dollars.
Which bonds shall mature as follows,
towit:
Bonds No. I, Al, q and 4S, So, 90,
due March /, 1917. =
Bonds No. 2, a, Is and 46, s., 90,
due March /, 1918.
Bonds No. 8, AZ, rs, 40 and so, 50, 000.'
90, due March /, 1919.
Bonds No. 4, 81, 81, So and 81, &c.
OOO. 90, due March l, 1920.
Bonds No. and s, $40, 100000, due
Bonds No. Z and 8, 100000, due
1000