New Iberia enterprise and independent observer., 1916-01-08

l y
day Of january in each Of tn,
years 1923 and 1926.
Sec. ,. That said bonds and
the interest coupons thereto at
tachcd with the necessary varia-
tions to show the different mum
berS and maturI'icS shall be in
substantially the following form
United States Of America, State
Of Louisiana. City Of
New Iberia.
IMPROVEMENT BOND.
30. 4500.0O.
Know All Men by These Pres
cnts that the City Of New Iberia,
in the State of Louisiana. ack
knoWlcdgeS itself to he indebted
and for valrc received hereby
promises to pay bearer the sum Of
Five Hundred Dollars ON the first
dav Of January, a. ID. 10, to-
"cthcr with interest thereon from
the date hereof until paid at the
rate Of five per centum g per
cent per annum, payable semi
annually on the first day of July
and Of January in each wear. (pro-
vidcd. however. that the first IN
tcrcst coupon shall be payable
Janrarv |. A. d., 1917. for one
VT IN,
tion and surrender Of the interest
coupons hereto annexed as they
scycrallv become due. Both
principal and interest Of this bond
are PAYABLE in lawful money Of
the United States. at the Banking
House Of Continental and Com
wcrcial National Fank, Chicago,
Illinois.
This Bond is one Of a series of
bonds Of like date. tenor and
terms, except maturity, issued by
said CITY for the purpose Of mu-
nlclpal improvements. rnder and
pursuant to and in full conformity
with all Of the r"nnircmcntS Of
the Constitution of the State Of
Louisiana. inrludin" Article 2S1
thereof and the laws of the State
Of Louisiana.
It is hereby certified and re
cited that all acts. conditions and
things required to be done precc-
dent 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 CITY.
including this bond, does not ex-,
"eed any constitutional or etatr--
tory limitations: that the install
ments Of interest and Of princi-
pal of this bond are respectively
PAYABLE from the avaiIs of the
residue of the ten mill tax author |
lied by said Constitution levied
and to be levied in the years 1916 +,
TO 1923, inclusive, in sufficient
amounts to promptly pay the
same, as they respectively fall
drc; and If is hereby certified. re- !
cited end declared that if has
been duly asccrtained that the +
said residue is and viii continre /
to he sufficient to pay the install
ments Of interest on this bond as
the same becomes due and paw
able and the principal hereof at
together with the prime
Ipa' and interest Of all other bonds
Of tins issue and that provision
has been and Will continue to be
made in due form and manner
setting aside. appropriating and
lcdicating a sufficient part of the
aVallS of the residue Of the said
-en (10) mill tax for the pay
nent Of the principal and interest
If this bond and of the other
)onds Of this issue. /,
In Testimony Whereof the City
i New IBERIA. in the State Of Lou
>lana. by its Board of Trustees.
las caused its cornorate sea to be
'crcto affixed. and this bond to be {
lgncd BY the Mayor attested by ,
he Clerk Of the said Citv. and the
oupons hereto annexed to be ex- 5
cnted with the fac-simile sigma !
nres of said officers, and this
'ond to be dated the first day of
a. d.. 1916.
IT. s. SEALY.
!avor Of the City of New Tber'
Louisiana.
l.. F. VILLERMTN.