The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1916-07-15
TOWN Council Proceedings.
FRANKLIN IA ,Julv 2 1Q1

mem bers OF the Council presen,
Excepting Mr. O'Niei.
The Mayor stated that the OBJ.
jet Of the meeting WAS 10 pass an
Ordinance taxing over a certai n
piece OF property from Mr..
Bloch and adjusting the rent on
the Bayou property of Mrs. L. p
Delahoussaye.
The following ordinance, known
as Ordinance No. 1877. was intro
duced by Mr.. J E. Loustalot, who
also moved for its adoption, ard
being seconded bv Mr.. Morris.
was carried by the following vote:
Messrs Loustalot, Anderson. NJ or
ris aud Kramer voting yes.
ORDINANCE No. 1877.
An ordinance authorizing Charles
Lauve, Mayor, and G. y. AycocK.
Secretary of the Town of Franklin,
to purchase what is known as the
Roussell property. situated at the
corner of Second and Jackson
Streets, OF the Town of Franklin,
and provided for the payment there
Of
SECTION |. Be it ordained. bv the
Mayor and Town Council of the Town
OF Franklin, in special session as.
sembled, that whereas it has been de-
cided and determined by the Town of
Franklin. acting through and by its
Mayor and Council, to acquire for
the use of said Town what is known
as the Rouss.ll property, situated at
the corner Of Second and Jackson |
Streets of the Town of Franklin, |
which is described as follows: to-wit:
That certain lot or tract OF
land, living and being situated
within the corporate limits of the
Town OF Franklin, Louisiana, and
having front of sixty-eigh feet
(6S f) more or less upon the west
side Of Second Street of said
Town, commencing at the corner
OF Second and jackson Streets,
and measuring towards Adams
street along the west side of Sec
Ond street, and being bounded on
the north by the property pur-
chased by Mrs. Blanche ROussel
Martel from Mrs. Victorine Rous.
sci, on the east by Second street {
OF said Town: on the south by
jackson street of said Town, and {
on the west by property formerly t
belonging to Mrs. Victorine Rous- t
sci, but now belonging to the Town {
OF Franklin, together with all G
buildings and improvements there t
on situated and thereto belonging,
rights. ways. servtudes thereto
belonging and apperta ming and l
being the same property acquired t
by the vendor herein from Mrs. c
Victorine ROussel. ct ais, by an 1,
act Of sale recorded in Book 3 of e
Conveyances, page 33J. on Zebra Il
airy 10, 1914. of the recorders of. q
fee Of the Parish of St Marvn ii
Now therefore. be it resolved ard a
that Charles hauve. Mayor. a
nd Clarence A. Aycock, Secretary of 81
le Town of Franklin, be. and thew a
re hereby authorized. empowered. to
irected and ordered to purchase from d,
saac Bloch the property above des a.
'ibed at the price and for the con- lie
deratlon OF One Thousand twenty le
ollars Sl,O2O.OO): twenty dollars E
2O.Oo) OF said purchase price to be st
aid in cash at the execution of the pr
BED to DO which, the Secretary is au- re
orized to draw his warrant upon the su
'easurer of the said Town for the m
id sum to be countersiyned as pro- -
ded for in the drawing of such war u
nts. The balance Of said purchase IL
ice to be made payable in three ~
lnua Instruments as follows: The T
st Of said iDsta llments to be for
nee Hundred and Thirty-three Dol 1
rs and Thirty-three cents 1898 80.
3 second for like amount and the
ird for Three Hundred ard Thirty
rec Dollars and Thirty-four cents
1884 payable respectively as fol-
VS.. and out OF the revenues of the
spective years. towit: On the Bird -
Y Of July, l9l7-l9lS-l9ly: the said
edit instruments to bear interest at
rate of per cent. per anuum from
te until paid, the interest to be paw CT
lie annually on the entire credit por- 81
r and To stipulate in the deed that
failure to pay the credit install the
ntS as they mature ana the interest Ho
aually shall have the etfec. of ma for
ing all of the unmatured INSTALL air
ntS. fec
'EC. II. Be it further ordained, etc. for
at for the purpose of paying the l2tl
b portion of the purchase pric, of prl
property herein described, the sum +
twenty dollars (S20 O)) be. and the pur
ne is hereby appropriated and set this
de, the said appropriation to be thrt
de In the following manner: The tor
] of twenty dollars $50. OO) now in pre-
Treasury of the Town of Franklin OF
ng the surplus Of revenues for the not
r 1915; the further appropriations qua
II be made as follows for the pur- uatt
e Of paying the above and fore RI
ng certificates of Indebtedness with ton
rest at the rate of 5 per cent as Pret
We stipulated in section l, to-wit: 81
sum Of 1888 81 with the accrued lien
rest on the whole credit portion. S.
of the revenues of the year 1917: coe
sum or $3.50. 80 with accrued in PreC
st ON the unpaid credit portion II