The Caldwell watchman. (Columbia, La.) 1885-1946, 1916-01-14
s.,s..s.s,g OBSERVATION-DISCLOSURES


VII. reas. the assesse,: value of all
ra%aJ.4 property in the Parish OF Cald
vel. 4 ne year A D 1915 as shown
~ H. .,'2essment rolls aoW on file in
Il, >.i.c.. OF tae Tax Collector OF SAID
"a III. amounts to Two Million Two
h.to.cu tiity-four Thousand rive
H.n2tl Sixty and no.lOO Dollars ~
2J4, $4,000, and averaged Two Million
One Uuudrc. 40 Thousand one hun
dred and Sevenly-fve Dolla' (S-,loz,
IT'S. OO), for the preceding / ur years
as shownby the certificate Q. the far'
isn Asses or and whereas i'll our op'n,,
ion. there is no reason to ayprehehu
any material decrease in the assessed
valuation of said property in the next
ten years and whereas Pm a. rage u
eight mills per aTnG;1. o re o0llar
was sufficient for All St"-l,~i. ana Or
dinarv expenses of the Parish u Cald-
well for the past ten years and "here-
as an annual levy of eight mills on tne
dollar general property tax on & TAX,
able property, within the Parish CT .atu ~
wei. is calculated to be sufflcit III W
day al. the statutory and ordlna1; e. e.
Denscs of the Parish Of Caldwell. for
the next ten years and whereas, ti'ere
is then estimated to be residue Oh
2 and ~ mill between the annual Ivy
n .cessary to meet the statutory INC: :;1
ordinary expenses, and the ten n''s
Authorized under article 232 OF tne 'n
st.tution Of 1913, exceeding 2 and |, =
mills per annum and whereas tne sA.'
, and ~ miIls per annum on all tax =
tim in the Parish Of Caldwell Will -
mount in ten years to Fifty-tlve thouS-
AMI collars (555. 0OJ.OW approximate
and whereas. it is the sense OF tn'
Police Jury that for the purpose OF e.,
M addition aid to grayellng the Co:~
u.aU.&-RayvI!e Highway and the Cor
urnJia.Gol'aX Highway now IN course
O. cons truction under the supervision
o. thu State Highway DEPARTMENT.; an
additional amount equal to one mill OF
sad residue Shall be set aside during
the years of 1915 to 1925 both inclusive
and shall be furdAI into Bonds to rim
for . norioi covering ten years, paya-
ole al the rate Of One Thousand Five
fiun,,rcd Dollars Isl, 100000 per year,
beginning with the year 1916 and to
bar interest at per cent per annum
which interest shall be payable semi |
annually, and which bonds shall not be
sold for less than par, and whereas
the Police Jury is the governing 5ody |
By which said taxes shall be levied,
and bonds issued according to law, I'M
der article 2Sl of the Constitution OF
1918.
NOW, therefore be it ordained by the
Police Jury Of the Parish of Caldwell,
in regular session convened, that bonds
grig sat sum 1nt of Il Fifteen thousand Dol
lars $l5, 100000, to be designated Road
end state highway Indemnity bonds
IF Caldwell Parish, series No. Two (2)
a-e hereby authorized and directed to
= issued, said bond to be dated Dec.
/. 1915. in the denomination Of Fifteen
Dollars (Sl50O.OO) each, Fiji
cen Hundred Dollars Of which shall be
'onc due and payable on Dec. Z. 1916,
md the same number of said Bonds
hill become due and payable on the
ane date of each Of the succeeding ,
ears up to and including the year
92C, and each to bear interest at the i
ate OF per cent per annum from the (
ate thereof. both principal and inter- 6
st to be paid in lawful money of the
United States of America, at--------- t