New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-01-15

Unequalled for chronic coughs, colds
or bronchitis. Your money back if
it fails.
John II. Taylor & Bro. Druggists,
New IBERIA, La.
the issuance Of 100000 Bonds Of sad
Parish for the purpose 0: constructing
highways and public buildings, and pr
| vldlng that the principal and interest OF
said Bonds be payable ouN6f the residue
of the ten mill tax authorized by Article
232 of the Constitu ion OF the State OF
Louisiana
Whereas, it has been and is hereby
found and determined bv the Police Jury
Of Iberia Parish, State of Louisiana, tn Il
the levy of the full ten 90, mill tax
authorized by Article 232 OF the Cons5.-
tuition Of Louisiana, win be more than
sufficient to pay al Of the statutory and
ordinary charge of said Parish IN and for
the years 1916 70 1925 inclusive. and
that tor the years 1916 and 1917 nine ~
mills, and for the years 1913 TO 1925
eight and one-half (8IL) mills for the
years 1924 and 1925 both inclusive eight
f8l mills viii be available for said puy-
poses, and that residue of one ~ mill
tor each of the years 1916 and 1917, and
one and one-half 40 mills for the
years 1918 to 1923 both inclusive, and
two ~ mills for the years 1924 and
1925 both inclusive will be available for
all other lawful purposes; ard
Whereas, in the judgment of the Po-
lice Jury of Iberia Parish, State of Lou
isana, the above named tax will De
available for any OF the purposes pro-
vided for by Section of Article Isl f
the Constitution of Louisiana. over and
above the tax which is hereby asce--
tanned will be needed for the payment Of
all statutory and ordinary charges in tie
said years 1916 to 1925 inclusive;
Wrereas. it has been and is hereby
also determined by the Police jury of sal
Parish that it is necessary to borrow t1c
sum of Fortv Thousand ($400O0o0) Do {
ars for the purpose OF constru -+iug hle h
vavs. public buildings and making other
general Parish improvements, and to is
sue bonds in the amount of Forty Thou |
'and Dollars ($40.000O0) bearing inter
st at the rate of five per cent IS p. CO. /
Der annum, both principal and interest i
If which shall be payable out of the ex- I
ess of the ten (10| mill tax. authorized t
" Article 232 of the Constitution of the :
State of Louisiana: and {
Whereas, all conditions precedent to c
he lawful issuance of said bonds re- d
lui1ed by the Constitution and Laws OF
he State of Louisiana have been fully
omplied with and said bonds have been :
old at a price not less than par value
hereof;
Now Therefore, Be It Ordained, by i,
he Police Jury of the Parish of Iberia, ]
tate of Louisiana: q
That there shall be annuallv levied N e.
ach of the years 1916 to 1925 both in a
lusive, the full tax of ten QO) mills en- ii
he dollar of all taxable property witrin p
be Parish. as authorized to be levied by c.
Article 232 of the Constitution of the Ii
tate of Louisiana. of which ten (1O) e
'ill tax the following has been and is d.
erby appropriated and ordered to be p'
evoted to the payment of all statutory p'
nd ordinary charges. vi
916 and 1917 mills Il
918 to 1923 both inclusive ..81l mills b,
ga and 1925 ..8 mills pt
nd that q sufficient part of the said re- III
laining mills, as follows, on the dollar. b
aluation Of the taxable property of said az
arish, is hereby irrevocably dedicated,
ppropriated and pledged to the payment to
the principal and interest of the m
:dinance and to be payable in each Of ID
'e years 1916 to 1925 inclusive: ar
'16 and 1917 both inc. mill available IN
'18 to 1923 both inc ..1Hmill available St
"a and 1925 both inc d mill available liz
hereinafter provided, and to create up
hiking fund to pay the principal of tae sa
,nds at maturity; do
Be it Further Ordained. by the Police pr
Try of Iberia Parish. State of Louisiana, is
at for the purpose of constructing high tn
avs, public buildings and other general Or
irish Improvements as authorized oy th
rticle 281 of the Constitution, and in %
lticipation of the collection of the ava,ls 10
the tax hereinbefore levied there shall thu
and there is hereby ordered and d. all
cted to be issued negotiable coupon Pa
nds of the Parish of Iberia. State of ia,
'uisiana, in the total sum of Forty Thou fo'
nd Dollars (s40,0OO0O); said bonds on
all be Eighty 500 in number, num- bo1
red from one to eighty Q-80) both St;
elusive, shall be in denominations of
We Hundred Dollars ($5OOOO) eacn 191
nds shall be dated January 3rd, 1915, 191
d shall mature and become payable 1o1
rally as follows, to-wit: 191
nuary Q. 1917 81 500. 20 1o1
nuary 2, 1913 l.5OO.OOl
nuary 2, 1919 ............. $4,000 Wis
nuary 2. 1920 ............... $4,000 tiol
nuary Q, 1921 ....... 100000 are
nuary 2, 1922 ..... 100000 the
nuary Q. 1923 ..... $500 Oh are