St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-05-06
RYANS ::: 9: : e: e: ; ;::
Next to Post Office
HUHv al COyington Ia.
The: Date
6: MAY 20
RYAN.
AN ORDINANCE
AN ORDINANCE
Of the Mayor and Board OF Aldermen
Of the Town Of Covington,
Louisiana.

OF the Mayor dAu oOoAN "
Of the Town Of Covington,
Louisiana.
Submitting to the property tax
payers OF the town of Covinston,
parish OF St. Tammany. State OF
Louisiana, entitled to vote under the
laws and. constitution OF the state OF
Louisiana, the question Of mourning
debt by the said town VI Covington
and the issuance Of bonds therefor
in the sum Of Sixty ($60,OOO Dol
lara for the purpose OF constructing
q system OF waterworks in the sala
town OF Covington. The title 10
such waterworks system to vest IN
said town of Covington, nxiug the
date and maturity of said bonds ana
each Of them; and fixing where they
shall be payable; fixing the rate OF
infaxNnt, said bonds shall bear and
providing when and where said IN
forest shall be payable; fixing poll
ing place for said election and the
hours when the polls shall be open
ed and closed, and naming three
commissioners and one clerk OF elec-
4ion; and fixing the date and place
when the Mayor and Board OF Al
dermen shall meet to canvass the re-
curring Of the indebtedness ana the
turn Of said election and promulgate
the result thereof: authorizing the
Mayor and Clerk of the Mayor ana
Board OF Aldermen. in the event the
lproperty taxpayers approve the m
issuance of the bonds as herein pro-
posed, to sign and execute said bonds
and the same to sell at Lot less shan
par according to law; providing that
this ordinance when adopted by the
property taxpayers OF the town Oh
Ccvington, and after the bonds here
In authorized to be issu d shall have
been issued and sold that this or
dlnance shall become and remain IT.
repealable SO long as any OF the
said bonds or the interest thereon
shall remain unpaid: repeating all
ordinances or parts of ordinances In
conflict herewith; and providing
when this ordinance shall go into Ell
feet, all in accordance with the pro-
visions of Article PSI OF the Consti-
t1tion and Laws of the State OF
Louisiana.
Whereas, it is believed by the
Mayor and Board Of Aldermen OF the
town OF Covington, Louisiana, neces-
sary and for the best interest of said
town and the inhabitants thereon
thet . waterworks system should be
constructed within the corporate
limits of the town: and,
Wehreas. the ordinary revenues Of
the town are insufficient to construct
eald waterworks system. and in order
to undertake such work it is neces-
sary to raise funds in the manner
provided by law: and.
Whereas, under the constitution
and laws of the State of Louisiana
the governing authority Of the town
Of Covington, is permitted to issue
bonds when authorized by a vote OF
= majority In number and amount
pf the property taxpayers of the
town Of Covington, qualified to vote
under the constitution and laws OF
the State of Louisiana at an cleo
ion held for that purpose; and.
Whereas, under the authority of
he favorable vote OF such taxpayers
It such election the governing au-
.hority Of the said town Of C0ving-
ON may annually levy and collect
Ipecial taxes in excess Of other taxes
! tax sufficient to pay the INSTALL
nents of interest and principal OF
aid bonds falling due each year as