New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-01-22
Mr.. Y. A. Kramer, the Civil

! Mr.. y. A. Kramer. the Civil
Engineer of the Sewerage Board
arrived in New Iberia on Thurs
day with all Of his plans and
specification for the installation
of aQomplctc sewerage system III
\eWO Iberia. The Board visited
certain property yesterday even
ing which has been offered for 1t.
disposal of the sewerage and last
night an important meeting was
held by the Board, the proceed
ings Of which will appear III our
next issue. This news will he
very pleasing to many OF our
readers who appreciate the I'M
portancc Of d Hrst-ciass sewerage
system that the residents Of New
Iberia have been wishing for Il
long number Of years II We
hope TO preserve the health Of the
community W" must have a good
sewerage system and now that Dr.
Downing insists that something be
done to make New Iberia more
sanitary, we feel hopeful the pro
Jcct will have the approval of the
entire people. The best is always
the cheapest, and the Board W Inch
consists OF our most representa-
tiv> men in financial matters
should have the backing and sup
port of everybody. Sons of our
largest property holders, those
VINO have the most taxes to
constitute this importalD- body
and the taxpayers have the Ut
most con. renee in their ability TO
secure the best Tor the least ,lonev.
just when the tax will be sub
mIttcd for the approval Of the
people we have not vet learned,
but it will not be many weeks.
This improvement will be done
without any special tax other than
a continuance Of the present clcc-
trlc light and water works tax for
a long number of years. The peo-
pie Of New Iberia are indeed fort
innate that the money can be raised
without the imposition of M
taxes, particularly at this time
when it is hard to meet the pres
ent burdens of special taxes al
ready imposed upon us. We must
have this improvement or accc
one that will be put in by the
State Board Of Health which will
cost more in the LONG run and not
at any time meet our wants. This
beng the case we feel sangllinc
that there will be no opposition to
the proposition to he submitted bv
the Sewerage Board who were
elected by the people without OPP
position.
See Bertrand Lumber Co. Ltd. |
if you are in market for EllwoOd
Hog fence.
The Board of Directors of the
Iberia Building Association, con-
sisting Of Messrs. f.. +. Willard,
j. A. Fagot. A. II. Trotter, Lazard
King, w. J. Bernard and Max
Levy were again reelected at the
stockholders meeting held at the
office Of the Association on Tues
day, January 18th at 7 o'clock.
The president, Mr.. II. r. Willard
read his annual report which was
of much interest to those who
had collected at the Office t. at
tend it's twenty ninth annual SEES
sion. The Association has an au-
thOrized capital Of $1,000, 10000
and has paid to borrowers on
matured stock $912,S17 43. The i
report showed that there are in
force one hundred and ninety
seven shares Of the old serial stock
of which III shares are loaned ON
and 63 shares are free. The serial
stock shows balance of $3S,-
this will be materially re-
duced by the liquidation of the 80
matured shares in series y and
%, only four Of which are loaned
on. OF the eight pieces Of real
estate that it was necessary to
have foreclosed on. three now re
main on the Association s hands.
The usual annual dividend of six
per cent, compounded semi-an-
nnallv was declared on both t.
serial and the Dayton stock. All
of the paid up stock continues to
draw five per cent. per annum
which taken all together is a cred
liable statement for the vea"I
which has Just come to close. At
a subsequent meeting the follow
ing night the same officers were
chosen to manage the Association
durinr 1915. r. II NTi1lar1 rroo