The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-03-11

tain bridge work OF the said Parish
herein provided for That said bonds
hereby authorized TO be- Issued shall be
Four Hundred Dollars, Of 100000 de-
nomination each and numbered NJ
and X2 respectively. shall be- dated
the 9Th day OF January, A. d 1916, and
shall bear interest from the date OF
delivery hereafter al the rate Of i've
per eentum pr ahnun payable annual.
iy on the 9Th day of January on each
OF the years 1917 and 1918 as follows
Bond No. ri for s2eg 90 due Jan |. 1911
Bond No NJ for $500 90 due Jan B. 1918
Total Authorized Bonds 900. siaoea
Said bonds shalt have coupons al
tached to them. eyideneing The interest
aeeruing thereon on the 9th day oI
January OF the years 1917 and 1918 and
shall be negotiable and payable al any
bank In the State OF Louisiana or al
The Parish Treasury AT ST. FfaneIsvilie,
Louisiana, as shown on the face of the
bonds and shall be- payable both nrih.
elpaI and interest without Offset OF
discount at maturity and shall be- free
Of all legal defects and defeases after
their delivery 10 the Contractor and
said bonds shall be made payable 10
Austin Brothers or bearer and shall Ia
general conform to and contain IN sub
stance such recitais rs In a certain
issue OF bonds by the said Police Jury
authorized and Issued by them OH the
9Th day of August, A ID 1915, In far.
theranee OF their original bridge con
tract with said Austin Brothers as
provided for by Police Jury Ordinance
under date of August 1, A. d 1915,
See. 3. Said bonds shall be signed by
the President OF the Police Jury and
counteraigned by It's Clerk and the
seal Of the Police Jury shall be placed
upon the principal of said bonds, aud
said bonds are hereby sold TO Austin
Brothers al par value To pay for the
additional bridge span contemplated In
| this ordinance and contract and shall
| be delivered 10 said Austin Brothers
upon completion and acceptance Of the
| work specified In the contract
BE II further ordained that the Police
Jury have found and determined as a
| matter OF fact aud laN that there IL a
| residue OF the ten.mill paroehial tax
authorized by Article s32 OF the Sunsil-
tuition. which residue amounts 10 more
| than eneanartef OF one mill Oh the
| dollar OF said tenmiii tax, and that the
ayails OF said tax, when levied upon
the assessed valuation OF said Parish
| as last made and filed to.wit. sl,s3A,
| s8i 90 or s4sss3 per annum Ia sur.
plus which has been found 10 exiat In
| conformity TO the requirements Of Act
| x OF 1902 as amended by Act fs8 of
| 1916 aud that said residue is In excess
Of the Parish revenues above statutory,
| usual and necessary charges and time
| contracts as required by said Acts 81
| and iss said Parish shall create a
| fund out of which said bonds shall be
paid and the ayails of the said one
quarter mill OF the ten-mill narochial
| tar which la hereby dedicated for that
purpose and which tax shall be levied
annually for two consecutive years
| and the proceeds of said tax shall
create special fund for the purpose
of paying the principal and interest u
| the said bends, that ls to say, that
| said tax shall ba levied In the year
1916 to pay the principal and interest
| failing due In the year 1911 and said
| tax shall be levied In the year 1917 to
pay The principal and interest falling
due in the year 1918 The principal
| and interest falling due In any one year
,hali be previously bnageted from year
to year and said one-quartef Mill tax
shall be budgeted during each of the
| years 1915 and 1917 az provided by
| law II for any reason said bonds
herein provided shall be declared by
any court not to be the good and valid
| bonds of the Parish then and In that
ease said bonds shall be declared TO
be the lawful certificates of payment
as provided by Acts 80 and Us of the
General Assembly of the State of
Louisiana,
| This ordinance shall be carefully
recorded upon the minutes of the
Police Jury and published as required
| by law and certified copy Of the
same furnished To Austin Brothers,
and this ordinance shall so into effect
| from and after Its adoption.
| S84G IUfehu3HR 0FHiitsifEs having 0sEfi
duly read and understood, was adopted
and approved by the Police Jury of the
said Parish on the flrst Wednesday and
9Th day of January, A. D. 1915
| G. F. HOWELL,
Attest President OF Police Jury.
| G. T. TooRAEN.
Clerk Of Police Jury
Il
The foregoing ordinance waa duly
adopted upon motion made and second
ed and vote taken by yeas and nays ON
| roll call Those voting for and in favor
of said ordinance were jurymen c. F.
Howell. 3. c. Cobb, w H. Richardson,
l.. p. Wright, y. Claek A. s. Bras.
seaux. T. II. Row, N. III. Barrow, Ike
Cuirer, s. l.. Layerghe, II, C. Kaufman.
Those voting against said ordinance
were None
| Absent or not yotirg, None
The foregoing ordinance having been
duly passed aud approved by the Police
Jury. therefore In order to evidence
| the due passage Of the same We the
undersigned members Of the Police
Jury, have hereunto set our hands on
this the day Of January, 4 u 1915,
Ic. r. HOWELL. Juryman and pfest.
dent, 9Th Ward
Is c. COBB, Juryman from End Ward
W H. RICHARDSON, Jufyman from
| ard Ward