The Caldwell watchman. (Columbia, La.) 1885-1946, 1916-10-27

and that for the 80 succeeding years,
beginning with the year Of lJI /. there
J shall be levied and Collected annually.
a tax on all property IN sad district
subject to state taxation, Sufficient t.
meet the payment Of the interest am
principal Of the uUuIs Hereinafter pro
vided Tor, as the same sinai Q -.l'
and payable,
Sec, 2. Be it further ordained tina,
negotiable bonds. in d"nuiIuaUul> ~
five hundred dollars each. ,..-v.. a.. me
tax SO voted shall be i.sa,d Is the
said police jury, slgne! by IL prl>IA
dent and counterslgn,N " It's >tcr"la-
ry, and bearing five per y.ut pei an
mum interest from the is. day Of Nov.
1916, which interest shal. be payable
annually.
Soc. 3, Be it ordained mat one
bono Of tive hundr,I dollars shall be
come Due and payable on the l>t day
Of LAY 1917; ana that oue bond of FIVE
hundred collars shall become dl. aaa!
payable Oh the ilrst of May IN the
years of 1918. 1919, 1929. 1921. Ia.
1923, 1924, 1870, 1926, 1927, l3z>, lg2H.
1880 and 1881.
Sec. 4. Be it further ordained that
two bonds OF the denomination OF five
hundred dollars each shall become cue
and payable on the first day OF May in
each OF the years OF 1882, 1899, 1884,
1885, 1886, 1891, 1888, 1879, 1870 ana
l94l.
Sec. 5. Be it ordained that three
bonus of five hundred dollars each shall
become due and payable on the first
day Of May in each of the years OF
l94Z, l943, 1914, 1915 and 1916.
SIC. 8. Be it ordained that four
bonds OF the denomination of five
hundred dollars each shall become due
and payable On the first day OF May in
each OF the years Of 1917, 1915, 1919,
1850 and 1851.
Sec, Z. Be it ordained that ) bonds
of the denominations OF $500. TO each,
shall become due and payable on the
first day Of May IN each Of the years
Of 1857, 1858, 1854 and 1850.
Sec. s, Be it ordained that the in
terest on eacL and every bond provided
for in this ordinance shalt become due
and payable on the first day OF May OF
each year of the period OF forty years.
beginning with the year Of 1917 and
ending with the year of 1888,
Sec. 9. Be it ordained that the bonds
h~ereinabote provided for shall be in
substantially the following form towit:
United States of America,
State of Louisiana,
Parish of Caldwell.
Road Bonds for Road District No. /.
Know all man by these presents that
the Parish of Caldwell in the State Of
Louisiana, acknowledges istelt to be
indebted, and for value received, here
by promises to pay bearer the sum of
$685. W on the LIST day Of May 1917, to-
gether with interest thereon from date
hereof until paid, at the rate OF five
per cent per annum. payabIe..annuaIIy
on the first day of May 1917.
Both principal and interest of this
bond are payable in lawful money of
the United States.
This bond is one of a series OF bonds
Of like date, tenor and terms, except
maturity issued by the said Caldwell
parish for the purpose of constructing
permanent roads, under and pursuant
TO and inconformity with all of the re-
qirements of the Constitution of the
State Of Louisiana, including Article
2Sl thereof, and the laws OF the state
Of Louisiana.
1t is hereby certified and recited that
all acts, and conditions and things re-
quired to be done precedent to and in
the issuance of this bond have been
done, happened and been performed in
regular and due time, form and manner
as required by law, and that the total
Indebtedness of said parish including
this bond does not exceed the constl-
tutional OF statutory limitations: that
the interest and principal of this are
respectively payable from the avalls
of The residue OF the ten mills tax au-
thorlzed by the constitution, levied
and to be levied in the years OF 1916 to
to 1858, inclusive, IN sufficient amounts
to promptly pay the same as they fall
due: nj IL is hereby certified, recited
and declared that il has been duly as
Ger AIMED that said residue is and will
continue to be efficient to pay the in
StalimentS OF interest on this bond as
the same become due and payable and
the principal hereof at maturity, to-
getner win the principal and interest
OF all other bonds OF this issue; and
that provision has been made and VIII
continue to be made IN duelorm anu
manner, setting aside, approprlatlHg
and dedlcating a suilcinent part OF the
avaliS of the residue OF Sald ten mills
Cax Tor the payment OF the interest
and prinpipal Of this and other bonds
OF this issue.
In testimony whereof, the parish of
Caldwell, III the state of Louisiana, by
its Police Jury, has caused its corporate
seal to be hereto affixed and this bond
to be signed by the President and at
tested by the Clerk Of the said Police
Jury and the cupons hereto annexed to
be executed by a fac-simile signSture5
Of the said officers, and this bond to be
dated the first day Of Nov A. d. 1916.
J. A. Warner, Pres,
R. r. Redditt, Clerk.
Sec. IL. Be it ordained that the All
nual interest coupons to attached to
said bonds shall be in substantially the
following form towit:
No.----on the lst day of May 1917,
S----.-The parish of Caldwell, state OF
Louisiana. promises to pay to the bearer
-.--dollors at the for interest then
due on its road bond dated Nov. LIST,
Gao If Ra If ordainod that tha ic.