The Natchitoches enterprise., 1916-03-16
Proceedings Police Jury: Parish of
Nstchitoches.
Continued from Page T.

By Mr.. Adams, seconded by Mr.. Pier.
son:
Be it resolved by the Police Jury OF
the Parish Of Natchitoches, La, II
regular session convened, as per post,
ponement January Meeting, 1916.
That G. H Pierson President of the
Police Jury and B. K. Adams, member
of the Police Jury frfm Ward Three,
is is hereby authorised to borrow from
the three fscalsAgents Viz, Exchange
Bank of Natchitocnes, Peoples Bank
Of Natchitoches, and Merchant & Far
mers Bank Of NatchitOches,: the sum OF
Six Hundred Dollars, Two Hundred
from each Bank, same to be used toI
the construction and maintenance I
roads in District No. 6, " ard 3, TIC
same payable onRthe First cay Of. :.
1916, and evidenced by the notes of 1l
said President of the Police Jury To-
the said sum with 8 per cent interest
from date thereof DE and the same il
hereby approved and ratified and made
the action of this BODY.
That in order to secure the full anC
final payment of said notes with in
terest and 10 per cent Attorneys fee
in event of suit to collect it! the specla
5 mill tax voted in aid of roads OF Wert
8, District No, 6, upon all the asses
sable property of said road District 10.
6, Ward 6, for the year 1915, is here ;!
specially dedicated and set aside. 1t is
also understood that all funds derived
from Ward 3, Bridge Fund is HEREBY
set aside for the purpose Of securing
said loan, the same to remain specla y
set aside and dedicated and approp
ated until the full and fnalpayment o.
said debt with interest, cost and at
torneys fees aforesaid.
The good faith of the Police Jury G
the Parish of Natchitoches, La, is
hereby pledged to the holders of SAID
notes until the full and finas payment
Yeas. Messrs. Person, Wilhar's
Adams, Cockerham, Knott, Page. Par
ker, Russell. Carried
By MIR. Pierson, seconded by Mr.. Page
Be it resolved that dipping Vat DC
built in Ward l and that the President
Of this Body be authorized to advertise
for bids on same, and that suffice At
money be appropriated OF Genera
Fund for payment of same,
Carried
By Mr. Adams:
That Ward Three also be given a
dipping Vat, and that Mr.. Pierson be
authorized to advertise for bids for al
Vats now under contemplation.
Carried
By Mr.. Pierson:
Sec. |. Be it ordained by the Police
Jury of the Parish of Natchitoches.
That the ordinance of, this body
adopted at it's session on October 28th
1915 of record in the. minute book al
page 268, providing for the issuance OF
Bridge Bonds of the Parish of Natchi
toches in the sum of Twenty ThousalC
Dollars, (2O.000.0O) and provided fol
the payment of the principal and in
terest thereof, be and the same is hel e
by repealed.
The Roll being called, resulted a.
Yeas. Messrs Pierson, Adams
Knott, Page, Parker, and Russell.
Nays. Mr.. Cockerham and Mr.
Williams. Carried
By Mr.. Pierson. seconded by Mr.. Page
An Ordinance for the issuance Vi
Road and Bridge Bonds of the Parist
of Natchitoches, in the sum of $2l,
00,00 and providing for the payment
of the principal and interest thereof.
>ce !. De it ordained by the. Poliee
Whereas, the Parish OF Natchito D.
ches is now engaged in constructing
;wo bridges across Cane River for t. E
said Parish, the title to which shall r.
main in the public, and,
Wharooc cold hYsidnroo v,,-hlt,.
highway and public necessity, an !,
Whereas, the Police Jury has con-
tracted for the construction of tie
same, and,
Whereas. this Police Jury has ex-
amined the Statutory, ordinary ar d
necessary charges and the budget
thereof for Che Parish of Eatchitobh. $
to be paid out of the proceeds of the
ten mill tax authorized by the constitu-
ton, after providing for all govern
mental, statutory, necessary and other
charges, and,
Whereas, from such examination tt
Police Jury has determined and does
determine now, and does hereby de-
clare that fer the Statutory, ordinary
and necessary shares for the Parish t
Natchitoches, there will be required
not to exceed nine and one half mills
Of the constitutional tax of ten mills.
leaving for highway and bridge puc-
poses more than one third IF one mi
Sec. 2 In order to provide for tt
payment of the instalment of princip.l
and interest of the bonds authorized hy
his ordinance to be issued. there she
1e annually levied in each ef the year.
he full ten mill tax authorized by I'll
Constitution of Louisiana lie each of the
vears from 1916, to 1925. both yeal
inclusive, that out of the Constitutional
AK which this Parish may lawful y
eyy, there shall be and there is herebT !
appropriated, set aside and dedicated I
ne third of one mill thereof, for the
erm of ten years, beginning with the |
ear 1916 ard ending with the yea
925. for the purpose of paying the ,
and interest of the road AMI !
ridge bonds hereinabove authorized, I
ogether with such other funds as NAV |
e necessary to fully and promptly pay |,
he principal and interest os said bonds /
$ they mature.
Sec. 3. That said bonds shall be issued
! the principal sum of Twenty On.
housand Dollars (2l, 000.0e) and shall
ear interest at the rate of s per CEN
rom March lst. 1916, until: paid, pay
Die annually on the first day of March
each year and every year; the frs
ayment hereunder to be made or
arch 1st. 1917. and annually there
tier on March 1st, until the full pay
lyment of said bonds and interest
'upons upon the presentation and sur !
nder of said bonds and interest,"
upons as they severally become due
Sec. 4. That the President of the
lice Jury eff the Parish of Natchito
es, be and he is hereby authorized
d directed to execute and to deliver
the purchaser thereof, bonds of the
irish of Natchitoches. Sta3e of Louis :
Ia. payable to bearer in the aggre.
te sum of Twenty One: Thousanc !
liars, (s21s 100000 in the following ].
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