St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-04-15

No

= ~ - 80 wv AA4osVAs AO00
isiana.
Taxable valuation ...........
Signature Of Voter.
Notice to Voters-To vote In 4ayoa
OF the proposition submitted upou
this ballot, place . cross (X) mark
in the square after the word "Yeo.' .
To vote against It, place q similar
mark after the word "No."
Be 1t further ordained, ETC.,
Section s. That the said electie
shall be conducted under the genera
election laws Of the State Of Louisi-
ana in 30 tar a. the same are appli-
cable to special elections. and par
ticularly under the provisions Of Act
256 Of the Acts Of the General A.
emily Of the State Of Louisiana for
the year 1910, and acts amenda-
tory thereto. ct the following poll
ing place: Courthouse. Coviugton,
Louisiana.
The Commissioners Of such cleo
ton are designated a. follows: G..
L. Smith, r. ]. Martindale and Ben
Fontan: and Robt. L. Aubert IL here
by designated as Clerk.
Tho polls shall be opened tseven
az o'clock q. M. and closed q Are
(5) o'clock p. m.
Be It further ordained, etc..
Section s. The said Comn1eoion-
err and Clerk shall roceivo tho hal
lots Of all duly qua1i1ed tpeeDosty
taxpaying electors eatit1ed to4yete
at the said election and shah Ae1eot'
them a. received in the ballot shoGos
to be provided Tor that plrpooos And
at the close Of said election, shall
count and canvass the voGos est for
and against the said propoeitlon On
duplicate tally shoots to be provided
for said purpose, and shall 4Ao1yor
one Of the same together, With tie
ballots and the ballot boxes to the
Clerk Of the Mayor and Board Of Al
dermen to be by him held and sub
mitted to the said Mayor and 1oord
Of Aldermen at 10 o'clock I. m. on
the 18th day Of May. 1915, at which
time the said Mayor and 1oard OF AL
dermen shall assemble at the gegu-
lar meeting place Of the saias Mayor
and Board OF Aldermen TO- NaoAnss
the returns and make rDre0nlGAt1on
of the results Of said election - r.
Quired by law.
Be 1t further ordained, ETC.,
Section Z. That in the event 10S1
election results in favor Of ineof13ng
the said debt Of SIXTY Thoneond
($6O.OOO.O0) Dollars and issuing
said negotiable bonds - repTegent-
ing the same. the Mayor Of aaid tawn
and Clerk Of this Board shall cause
to be issued the said Sixty Thousand
$50, 100000 Dollars In bonds .
aforesaid. representing said indebt-
edness Of Sixty Thousand ($6O.O0O)
Dollars, maturing a. hereinabove
stated, with interest coupons attach
ed thereto representing interest to
become due thereon, and 70 b If
such form and tenor - may b APP
proved by said Mayor and Clerk, but
not Inconsistent with the provisions
Of this ordinance and said bonds with
interest coupons attached when issu.
ed shall be sold by the Mayor and
Board Of Aldermen for not lesD than
par and the proceeds Of said Aolo
shall be deposited in the treasury Of
said town to be used exclusively eoe
constructing and equipping 3 water
works system and shall not b used
for any other purpose. the title to
which waterw0rks system ahall yoet
In and remain at all times the prop
erty Of the town Of Coyington. The
said bonds and the interest coupons
attached thereto shall be payable -
they mature ct any bank or trust
company IN New York. N. T.. or NV
Orleans or Covington. La. In the
United States. at the option Of the
purchaser thereof upon notice to the
Mayor and Board Of Aldermen Of
the town Of Covington thirty days be-
fore maturity Of any, bond or inter.
est coupon. In default Of such notice
the said bonds and coupons shall b.
ut the ONCE Of the Mayor
and Board OF Aldermen Of the town
Of Covington.
Be It further ordained. ETC.,
Section s. That In the event the
Daid election results In favor Of in
curing said debt and issuing sid
bonds as hereina bove set forth, the
town Of Covington shall be- and re-
main irrevocably obligated to the pur-
Gu0SSE Or pUTCu0S6TS VI 981Q AOOU00
.or the payment VI said In
with the interest there
On, and this ordinance authorizing
the issuance OF said bonds and the
levying OF the tax with which to pay
The principal and interest thereof
shall be and remain irrepealable, 20
long AZ any Of said bonds and inter
est coupons shall remain outstand-
Ing and unpaid and the passage Of
this ordinance shall constitute and be
! contract between the holder or
holders of said bonds and the town
II Coyington and shall be and remain
|nviolate and no aw or ordinance
shall ever be passed relieving the
governing authority OF said town
from the obligation OF annually levy
ing such special tax az hereinabove
provided and paying same on the In.
terest and principal Of said bonds.
Be 1t further ordained, ETC..
Section 8. That all laws or ofdl-
aances contrary to or in conflict
herewith be and the same are here
BY repealed, and this ordinance shall
AXE effect when approved by . ma
Iority OF the qualified property tax
paying electors Of the said town o.
vOvinRtOn and dna -arnm n lUafinv, Il