St. Tammany farmer., 1916-04-29
AN ORDINANCE
OF the Mayor and Board OF Aldermen
OF the Town OF Covlngton.

Of the Mayor and boaIa o. AAue'e"
Of the Town OF Covlngton.
Louisiana.
4,.,, eubmitting to the property LA
payers Of the town OF Covlnston.
s pariSh Of st. Tammany. State OF
. Louasiaua, entitled to vote under Tue
lnVe and constitution OF the state ol
Louisiana, the question OF lncurslne
dahe by the said town # Covington
and the issuance Of bonds therefor
In the sum Of Sixty (S6O.Voo) ooi
lara for the purpose OF constructing
q system OF waterworks IN the saia
town Of Coyington. The title 10
ysuch wateyworks system to vest ~
seid town Of Covington, hxlns the
dale and maturity OF said bonds ano
), each OF them; and fixing where tney
! shall be payable; fixing the rate OF
intarest said bonds shall bear and
pyoviding when and Waere said IN
<aroa& shall be payable; liking poll
ins place for said election and tne
hovge when the polls shall be open
"a and closed, and naming three
!. eonmissioners and one clerk Of cleo
iou: and fixing the date and place
nken the Mayor and Board OF Al
deymeu shall meet TO canvass the re-
curing Of the Indebtedness anu the
turn Of said election and promulsate
! the result thereof; authorizing the
Mayor and Clerk Of the Mayor ana
Board OF Aldermen. in the event t1e
. p1vporty taxpayers approve the ~
issuance OF the bonds as her7in pro-
posed, to sign and execute said bonds
and the same to sell at lot less shan
pAr according to law; providing tnal
thje ordinance when adopted by the
property taxpayers OF the town OF
.Coyington, and after the bonds mere
n authorized to be issu d shall have
been issued aud sold ihat this or
d1nance shall become and remain IT.
ssspoalable 90 long as any OF the
said bonds or the interest thereon
1nau remain unpaid; repeating all
o9dsnances or parts Of ordinances i'll
coa.flict herewith; ana providing
when this ordinance shall go into Ell
1ecl, al in accordance with the pro-
visions Of Article 2S1 OF lhe Consti-
taliou and Laws OF the State OF
Louisiana.
Whereas. It Is believed by the
Mayor and Board Of Aldermen OF the
town OF C0vington, LOUISIANA, neces-
sayy and for the best interest Of SAID
town and the Inhabitants thereof
thel . waterworks system should DC
constructed within the corporate
umits Of the town; and,
Wehreas, the ordinary revenues OF
tho town are insufficient 10 construct
sas0 waterworks system. ana in order
to undertake such work it is ueces
aary to raise funds in thu manner
provided by law; and.
Whereas, under the constitution
and laws Of the State of Louisiana
the governing authority Of the towL
OF Covington. is permitted to issu.
bonds when authorized by q yoto o.
Q majority in number and amount
Of the property taxpayers Of th.
town Of Covington. qualified to yot.
under the constitution and laws q!
the 9tate Of Louisiana at an cleo
ejoo. kel1 fDr that purpose: and.
W&oe68s, under the authority OF
ho1ey0&xhlo vote OF sch taxpayers
. euch election the governing au
khority Of the said town OF Coving-
~ may annually levy and collec,
DDoelal taxes in excess Of other taxes
! tax sudRcisnt to pay the install
nsats os interest and principal OF
M boods falling due each year q !