The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1916-12-07
Police Jury Proceedings
Parish Of NatchitOches, La.
Monday Nov goth 1916

The Honorable Police Jury met las
per special CALI with President Ham
nett presiding and all members pres
ent except Mr.. Hart, and Marshall.
On motion Of MIR. Cook seconded by
Mr.. Hood, the following resolution was
offered.
By Mr.. Cook, seconded by Mr.. Ho.1:
AN ORDINANCE CHANGING HE
DENOMINATIONS OF $3.50, O00.C2
GOOD ROAD BONDS.
Be it ordained by the Police Jury OF
the Parish of Natchitoches, LOUISIANA.
in lawful session convened, that,
Whereas, by an ordinance duly passed
bv this Police Jury, upon the fifth day
! of September 1916, bonds of Road Dis
trict No. 10, Natchitoches Parish Louis
lana, were authorized to be issued IN
the sum of Two Hundred and Fifty
Thousand $3.50, 100000 Dollars for
highway purposes, and,
| Whereas, said bonds have been duly
advertised for sale and have been sold
to the firm of Stacy & Braun at price
Of par, accrued interest. and prem
ium of s4875.00 and,
Whereas, said bonds have not yet
been executed and delivered, and the
the purchaser thereof desires that the
denominations of the same be 81 ,OOO.O
each; and,
Whereas, said change will not effect
in any way the obligation of the par
ish
Therefore be it ordained, that the
$3.50 100000 Highway bonds of Road
district No. 10, Natchitoches Parish,
shall be issued in the denomination OF
81. 900. 90, numbered from one to two
hundred and fifty, both inclusive, they
shall be dated, mature and bear rate OF
interest, and in all other respects shall
conform to the provisions and require
lments of said original ordinance Of
)September s. 1916.
The form of said bonds shall be sub
stantially as follows:
UNITED STATES OF AMERICA
STATE OF LOUISIANA
Parish of Natchitoches
Five (5Es) per cent Road District No
19, Highway Bond $500 .,
Know All Men By These Present
That Road District No. 10 of the Par
ish of Natchitoches, a political subdl
: vision of the State of Louisiana, ack
nowledges itself to owe and for value
received, hereby promises to pay t
bearer, upon the first day of Marcl
10, the sum of
ONE THOUSAND DOLLARS
in lawful money of the United States
of America. with interest thereon a
the rate of five (5%) percent per an
mum. pavable annually upon the frs
day of March of each year; until tn
payment of the principal hereof, upol
presentation and surrender of the pro
Der coupons therefor hereto attached
Both principal and interest hereof ar,
PAYABLE at the Hanover National Banl
In the City of New York.
Teis bond is one of a series OF tW'
1 hundred and fifty bonds of like demon
ination, tenor and effect as to maturity
numbered consecutively from one t.
lwo hundred and fifty, both inclusive
aggregating Two Hundred and FIT.
Thousand $3.50, 000 00) Dollars, il
amount. and is issued for the purpOs'
of providing funds for constructing ant
maintaining roads in said Road Distric
which bonds have been issued in stric
accordance and compliance with tn
provisions of Article 281 of the Consti
tuition of the State of Louisiana, adop
: ted in 1898 and 1918, and Act ESQ of tn
General Assembly of the State O.
Louisiana for the year 1910, as amended
5v act No. 2l8 of the General Assem-
Div OF said state for the year 1912, ant
Act No. 1873 of the General Assembly
of said state for the year 1914, afteI
an election on Tuesday, the 22nd da!
Of August 1916, on the question of sucl
issue by the property tax payers o.
said Road District No. 10 of the Parish
of Natchitoches, held, canvassed anC
the results declared and promulgated
and registered, all according to Law
authorizing such issue, of which elec
ton there was no contest and none car
now lawfully be made.
It is hereby certified and recited
that all acts, conditions and things re
uuired by the Constitution and laws o.
the State of Louisiana, to exist, hap
pen and be performed precedent t.
and in the issuance of this bond, d.
exist, have happened and have beer
performed in regular and due form
time and manner as required by law
that provision has been and will be an
nually duly made for the levy and col
IGCIlOu VI oil dIlIlA6~A Oe1A oAAAASASAAS "
promptly pay the interest and prlncipa
of said bond issue as the installment'
thereof become due, and that thu
amount OF this bond together with al
other Indebtedness of said district
oes not exceed any limitation imposed
v the Constitution and laws of the
State of Louisiana. For the promp
payment of the principal and interes
of this bond as the installments thereo
respectively become due, the full faitl
I credit and resources of said district arr
hereby irrevocably pledged.
In testimony whereof, the Police
Jury Of the Parish Of Natchitoches il
the State Of Louisiana, in behalf Of
Road District No 10. has caused thi
bond to be signed by the President o.
said Police Jury, attested by the Sec
rotary thereof and sealed with its cor
porate seal, and the interest coupons
hereto atteched to be signed with the
| Autographed facsimile signatures o.
said President and Secretary respec
lively, which said Autographed facsi
! mile signatures are hereby adopted b!
said President and said Secretary res
! nprtIveIV