The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-02-12

heFetH provided for That said bonds
beFtby authorized 10 be issued shall be
Fuur Hundred Dollars, Of 5000 00 d.
aomihHiion each aud numbered Sl
aud A2 respectively. shall b. dated
he 9TH day III January. A n 1916 and
| shall bear interest from the date of
| delivery hereafter al the rate 1T fsu
per eehium pr annHm payable annual
y on the 5th day 81 January on each
| ef The years lai7 and 1918 az follows.
| i3ona Ma. VI for s30O pa due Jan. [, 1917
Bond Ne W for s2on ae due Jan &, 1918
Total Authorized Bonds .... sila 80
Said bonds shall have coupons at.
| aehea 10 thpm, esideneing the Interest
aegruing thereon OF The 18th tiay of
January of the years 1917 aud 1918 and
hall be- negotiable and payable az any
bank a the State al Louisiana or al
! he Parish Treasury AT st francisville,
| l.ouiplana. az shown on the face Of the
| bonds and shall be payable both prin-
aipal and interest without Offset or
| discount at maturity ard shall he free
| | all legal defects and asfenses after
| heir delivery TO the Contractor and
| aid bonds shall be made payable To
| tusttn Brothers or bearer and shall la
general conform Ia and contain iil sub
| slance such reclfais az in a certain
| sue u bonds by the saia Police Jury
| authorized and issued BY them Oh the
In day OF August 4. u 1915 Ia fur.
| theranee of their original bridge con
| tract gith said Austin Brothers az
| provided for b. Police Jury Ordinance
under date III August 4, A d. 1876.
Sec s Said bonds shall be signed by
| he President Of the Police Jury and
folHtersigned by It's Clerk and the
| seal Of the Police Jury shalt BE- placed
pom the principal Of said bonds and
aId bonds are hereby sold TIA Austin
Brothers al par value TO pay Tor the
| additional bridge span contemplated Ina
his ordinance and contract and shall
bp delivered TO said Austin brothers
upon completion and acceptance Of the
work specified In the contract
I}p il further ordained that The Police
Jury have found and determined IA n
matter of fact and tae that there h a
residue OF The ieHmill paroehial tax
authorized By Article 2a2 Of the fcnsti,
luton which residue amounts 10 more
han one-quartpr OF one mill on The
iollar Of said ten,miil tax. and thar the
tyasls of said tax, when levied upon
h. assessed valuation Of said Parish
as last made and filed to.wit si.s34.
81 go or Sass 81 per annum is sur.
plHR which has been found 70 exist In
Fac
z of fen2 az amended by Act les OF
1910 and that satd residue Ia In eycass
Of the Parish revenues above statutory
usual and necessary charges and time
contracts az required by said Acts ~
and i2s Said Parish shall create n
fund ont of which said bonds shall be
aid and the awaits Of the said one
quarter mill Of the ffnnill pafochiai
tax which Is hereby dedicated for ihat
purpose and which tax shall b. levied
annually for t@o consecutive years
and the proceeds Of said tax shall
create a special fund for the purpose
OF paying the principal and interest of
The said bonds that Is Ia say, that
said fax shall be- levied In the year
1915 70 pay Ehe principal aud Interest
failing due In the year 1917 and aaid
Lax shall BE- levied In the year 1911 to
my The principal and interest falling
4 g In the year 1918 The principal
and interest falling due In any one year
hall be previously bedgeted from year
% year and said one.quartef mill tax
shall be hudgetea during each of tho
years 1915 and 1917 as provided by
las II for any reason said bonds
herein provided shall bt declared by
aup court NOT 10 b. The good and valid
bonds of the Parish then and In that
case said bonds shall be- declared so
BE- the lawful certificates of payment
Az provided by Acts 20 and i2s NJ the
General Assembly ef the state Of
Louisiana
f'his ordnance shall be- carefully
recorded upon the minutes of the
Police Jury and published as required
by Law and a certified copy Of the
same Furnished 10 Austin Brothers,
aud this ordinance shall go into effect
from and after Its adoption.
said foregoing ordinance having been
duly read and understood, was adopted
and approved by the Police Jury of the
sald Parish on the first Wednesday and
9Th day of January A. D. 1915
c. F, HOWELL.
Attest President of Police Jury
c. r ToORAEN.
Clerk OF Police Jury
The foregoing ordinance gas duly
adopted upon motion made and seenhd-
I'd and vote taken by yeas and nays on
roll cali Those voting for and Ia favor
of said ordinance were jurymen c. +.
Howell 4 G. Cobb. w Fl Richardson,
l. p Wright. ], =. rlaek, A & Bras
seauN. r. II. Row. N II barrow. lie
tutfer y /. Lavefgne. II G, Kaufman
Those voting against said ordinance
were None.
Ahsent or not voting, Meme.
The foregoing ordinance having been |
duly passed and approved By the Police
Jury, therefore In order 10 evidence |
he due passage Of the same VS., the |
undersigned members of the Police /
Jury, have herRaata set our hands on /
This the day of January, A ID 1916 I
G r HOWELL, JHFsman and PresI /
dent, 9Th Ward
Z, G. CotiH Iuryman from 2ud Ward /
W II RICHARDSON. Jufymah from
3rd Ward
T II ROW JHryman from Tih Ward .