The Natchitoches enterprise., 1916-10-12
AN ORDINANCE

ely S1LIN dpPaA oNhS1 GIN
Whereas, 1t is thought advisable Il
purchase White Food Road Truck fol
the purpose of constructing and re
pairing the public highways Of the said
parish, and
Whereas. The Police Jury has con
tracted with the White Company, OF
Cleveland, Ohio. for the purchase d
one White Good Road Truck, chassis
model, A T H. for the price and sum OF
riftv-Seven Hundred Dollars, SIS, 700,
0N F. o. B. Cleveland, Ohio. same tc
be delivered Immediately on the follow
ing terms and conditions:
The sum of One Thousand Dollars
Isl, 000) to be paid in cash on delivery
OF the said truck at Natchitoches depot.
The balance of Forty-Seven Hundred
Dollars ga, 10000 to be paid ssn six
annual installments and to be evidenced
by forty-seven (47 certificates of One
Hundred Dollars 500 00l each, which
shall be payable as follows, towit:
Nine thereof, amounting to $500. OF
on February /. 1917
Eight thereof, amounting to $500. 90
on February l, 1918.
Eight thereof, amounting to $500. 90
on February /. 1919.
Eight thereof, amounting to $500 90
on February l, 1920.
Nine thereof, amounting to $780, 90
on February l, 1921.
Five thereof. amounting to $500. 90
on February l, 1922.
Said certificates to be numbered from
one ID to forty-seVen (47) inclusive.
Each certificate TO bear interest at the
rate of five per cent. per annuIn from
date. Interest payable annually.
That to cover the deferred payments
the certificates of indebtedness shall
issue to the said White Company, or
order which certificate shall resd snb-
stantially as follows, towit:
CERTIFICATE OF INDEBTEDNESS
No............. S.a.........
Known all nan by these presents,
that the Parish Natchitoches. State
of louisiana, Is Indebted and for value
received hereby pr Dmises to pay bearer,
Use fua .Ioilars of lawful money
If Ia. J.l ed states of America. on the
first Gay OF February H., with in
terest at the rate of 5 per cent. per
mum from date hereof, payable an
nually on the first day Of February
upon presentation and surrender of the
annexed coupons bearing the signatures
Of the president and secretary Of said
parish as they severally become DUE
Both principal and interest of this Ger
tificate are payable at Whitney Cen
trail Trust and Saving Bank, Nsw Or
leans. La.
This certificate is Que of series of
fotty-seven (4i certificates dated Oc-
tjber 10Th 1916, of like tenor andeffect,
except as to maturities aggrega5ing in
principal the sum of Forty-seven Hun
dred dollars "a, 700. 00), issued by the
Police Jury of the Parish of Match :
toches. State of Louisiana, for the pu. :
chase price of one White Good Road
Truck, model A L H, purchased for
use by the Police Jury of the Parish of
Natchitoches in the construction of |
public highways for the said parish, and |
the title to which shall remain in the |
public. under and in full compliance |
With the constitution and laws of the |
state and an ordinance duly and regu-
larry adopted by the Police Jury Of said |
Parish on the 9th day of October 1916, |
and the said Parish of Natchitocht 9 |
state of Louisiana. is hereby held anu |
firmly bound and the full faith and |
credit of the Parish of Natchitoahes is
hsreby pledged for the payment of the
principal and interest hereof at fnatur-
lty.
1t is certified, recited and declared
that ample and full provision for the
payment OF the principal and interest
hereof has been made by the Parish OF
Natchitoches by the levy of sufficient
lax each year on all property liable for
taxation beginning with the year 1916
and running for the life of the certif-
:ate of Indebtedness. All in fill ac-
;ordance with the constitution and laws
If the State of Louisiana as herein-
loove. recited, and that all acts, con
iltlons and things required 20 be done
precedent to and in the issuance Of said
certificate in order to make them Legal,
Zalid and binding obligations OF said
Parish OF Natchitoches have been prop
'rly done, have happened and have
'een performed, and that the indebted |
less or said parish, including said Ger
lflcates does not exceed any conStitu- |
l0nal or statutory limitation
1t is further certified that after pro-
ldlng for all statutory, necessary and
sual charges, there remains an ex- :
ess of annual revenue of the Parish of f
Iatchitoches, Louisiana from its: regu q
" ten mill constitutional levy an ex- il
ess Of more then one eighth (t-8) of f
ne mill thereof to meet and pay and n
lscharge this certificate of Indebted r
ess, together with all interest, and /
lere is hereby specially set aside and
edlcated during the life of said certifi- q
lte one-eighth cf one mill of the reg G
ar ten mill constitutional tax the D
me to remain 80 specially dedicated il
ltil the full and final payment Of this z
'rIificate with all accrued intaFest,
he Police Jury reserves the right anu a
'tion to pay this certificate i'd full n
'fore its maturity at any interest 81
Lyment period ii
In testimony WHEREOF we the Under al
CRED officials of said Police jury of
9 Parish of Natchitoches, State of d
'uisiana, being duly authorized TO ex- m
ute these obligation on behalf Of said tt
IRISH, have hereunto set our signatures b,
d affixed seal of said parish on the 10th
y of October 1916, ne
ACKNOWLEDGEMENT. LF
pracfd0rff ~ p.....es: T,.rxv