St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1916-01-01

ers and clerk shall receive the hol-
lots of all duly qualified properly
taxpaytng electors qualified to vote
at the said election and shall depo0it
them as received in the ballot boxes
| to be provided for that purpose. and
at the close Of said election, shat
count and canvass the votes cast
for and against the Saad prop esation
on tally sheets to be provided toI
said purpose, and shall deliver the
same together with the ballots and
the ballot; boxes to the Clerk or the
Mayor and Board of Aldermen to be
by him held and submitted to the
said Mayor and Board aof AlderMsp
at 10 O'Clock q. N. on the 18th day
of January, 1915, at which time the
said Mayor and Board Of Aldermen
shall assemble at the regular meet
ing place Of the said Mayor aud
Board Of Aldermen to canvass the
returns and make PRONUNCIATION OF
the results OF said election as re-
CURED by law. "a.
Be It further ordained, ETC.:
Section Z. That In the event s1ad
election results In favor OF mourning
the said debt Of Seventy-One Thous-
and ($zl.000( Dollars and issuing
said negotiable bonds as represent
ing the same, the Mayor OF said town
and the Clerk Of this Board shall
cause to be issued the said Seventy
One Thousand ($7l.000) Dollars In
bonds as aforesaid. representing said
Indebtedness Of Seyenty-One Thou
sand l$71,000) Dollars. maturing as
|hereinabove stated. with interest
coupons attached thereto represent
ing interest to become due thereon,
and to be in such form and tenor
as may be approved by said Mayor
and Clerk, but not Inconsistent with
the provisions of this ordinance and
said bonds with interest coupons at
tached when issued shall be sold by
the Mayor and Board Of Aldermen
for not less than par and the pro
ceeds Of said sale shall be deposited
in the treasury Of said town to be
used exclusively for constructing and
eQuipping . Waterw0rks and sewer
system and shall not be used for any
|other purpose, the title to which
WaterWorks and sewer system shall
vest In and remain ct al times the
property Of the town Of Covington.
The said bonds and the interest cou-
pons attached thereto shall be pay
able as they mature at any bank or
Truts Company in the United States.
ct the option OF the purchaser there
OF upon notice to the Mayor and
Board Of Aldermen Of the town Of
Covington thirty days before the ma
turity Of any bond or interest cou-
pom. In default OF such notice the
said bonds and coupons shall be pay
able at the Office Of the Mayor and
Board Of Aldermen Of the town Of
|Covington. js
Be It further ordained. ETC.: n
Section 8. That In the event the
said election results in favor Of In
curing said debt and issuing said
bonds as hereinabove set forth. the
town Of Covington shall be and re-
main obligated to the payment OF
said Indebtedness with the interest
thereon and this ordinance authori3-
ing the issuance Of said bonds and
| the levying Of the tax with which to
pay the principal and interest there
| Of shall be and remain irrepealable
| 50 long az any Of said bonds and in
terest coupons shall remain out
standing and unpaid and the passage
Of this ordinance shall constitute
and be . contract between the hold
er or holders of said bonds and the
town Of Covington and shall be and
remain inviolate and no law or ordi-
nance ever be passed relieving the
governing authority Of said town
from the obligation Of annually levy
ing such special tax 40 hereinabove
provided and paying same on the
interest and principal Of said bonds.
Be it further ordained, ETC.:
Section 3. That Ill laws or ordi-
nances contrary to or in conflict
herewith be and the same are hereby
repealed, and this ordinance shall
take effect when approved by q ma
jority Of the qualified ta1paying
electors Of the said town Of Coving-
ton, and due PRONUNCIATION Is made
thereof as required by law.
Read and considered by sections
and adopted as . whole at q regular
meeting Of the Mayor and Board OF
Aldermen by recorded aye and nay
vote on the 7th lay Of December, A.
D., 1915.
Ayes: M. P. blanche, e. Fred.
ef1ck, A. r. Smith. J. r. Nilsson.
| Nays: None.
Approved in open session this 7th
day Of December, A. D., 1915.
PAUL ]. LACROIX,
Mayor of Covington, La.
L. A. PERREAND,
Sg<a~T Secretary.
PAUL ]. LACROIX,
81 @ Mayor.
L. A. .PERREAND,
! So aA$ tgal4 Clerk.
SPECIAL NOTICE. ..
| beg to announce to my friendl
and the public In general, that have
disposed Of my livery business t
Mr.. ]. E. Stanga. I wish to thanh
my friends for the kind patronagG
accorded me In the past, and trus.
that my worthy successor will have
the pleasure Of serving you in . lik<
tcaDACitY