Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1917-12-08
AN ORDINANCE.


Ordering a Special Election at which
shall be submitted to the property
tax pavers qualified under the Con-
stitutiOn and laws of the State of
Louisiana, of the Village Of Erath,
Louisiana, the question of ineurring
debt and of issuing negotiable bonds
therefor to the amount of seven
Thousand Dollars for the purpose OF
extending the system of Waterworks
for said village and constructing and
maintaining n system of electric
lights Tor said village of Erath, and
also the question of levying a special
tax of five mills on the dollar per
annum, for the period of ten wears,
beginning with the year 1918 and
ending with the year 1927, both in
elusive, on all property situated in
the said village subject to taxation.
for the above purposes.
Section One BE it ordained by the
Mayor and Board Of Aldermen of the
Village OF Erath. Louisiana, iii Special
session convened:
That whereas in order to provide
and create an extension of the system
of watcrworks for the Village Of Erath
and construct and maintain system "f
electric lights for the said Village Of
Erath, Louisiana. il will be necessary
that the Mavur and Board of Aldermen
of said Eillag, Of Erath hc authorize
- incur debts and issue negotiable
bonds therefor to the amount of SrHc.
Thousand Dollar. in the denominations
and hearing interest as hereinafter set
forth; aud whereas in order to provide
for the payment of sal! bonds Ill princi
f,lc aud interest il will be necessary to
levy a special tax Of five mills on TIA"
iciar ON all property subject to taxa
ton situated within the limits of said
Village for a period of ten wears.
Section Two: THEREFORE,, be it
ordained that special election b. an
the same is hereby ordered to be hc''
in said Village of Erath, on Tuesda
the 18th day of January 1913, between
the hours of Seven \. NJ. aud Five y. II
under the general election laws of thu
State as far as applicable ut which 81
election shall be submitted to the pro
rrtv tax PAYERS of said Village cntitly
t. vote at such election under the con
stitution and laws of this State. the
following proposition to-wit:
First: Whether or not the Mayor AM
Board of Aldermen of said Village -
Erath shall be authorized to incur debt
and H. issue negotiable bonds therefor
to tie "mCunt oi Seven Thousand Dot
lars. in denominations Of Seven Hundre
HcliarS each, said bonds to be date !
the 18th dav f March, 1918. hearing
per cent per annum interest from date.
said interest PAYABLE scmiannually c%
the 18th dav OF March AMI Of Scnt'mhr'
Of each year, and said bonds - matur,
IS follows. t"-wit:
One of said bonds TO mature in tw
ears after d2te: one in three years
'ftcr date; one in four years after tat"
ane in five wears after date; one in II
ears off, g. date: one in seven vr.i"
after date; oIc in eight oars at
date: one in nine wears after date; an
two in ten wears after date, for the IrlT
ro~c Of cxtrnding the system of wafer
vcrks in the Village Of Erath, anl 90?
,tructinr and maintaining Il Srtpm a.
electric lights Tor said Village Gf Erath
Second: Whether or net the MaVnr
and Beard of Aldermen Of sid Nilian"
# Erath shall he authorized to levy .
special tax of FIVE mills on the dnlla,
ii all property subject to taxation sit
'atel within tlc limits of sail Village.
For period of ten wears. beginning
nth the wear 1918 aud ending With the
car 1927. both inclusive, in order e.
acct the payment of said bouds. or
----!r tfrTrr-f rs nruv- ne issue /. in l'rffIt
.ipal and interest. aud for tho r"into
nee of said system of water'Yovks eN
,cnsion and electric light sv,teih.
Section Three: BE it further or:iaj2
y, etc. that the ballots 20 he vn'cj =
said election shall be in the toilJviH
'aTms, to-wit:
Those in favor of authorizing II
Mavor aud Board Of Aldermen Of 81.
Village of Erath to incur debt -
issue negotiable bonds therefor as her
inabove stated. shall be as follows, :.
wit:
FOR THE ISSUANCE or RON0.'
ProrcSition to incur debt AMI - e.
negotiable bonds # the WIZ" o..
;.ath. Louisiana. TO the amount Of
Seven Thousand Dollars. 70 run ---
from nnc to ten wears, bearing Yea
i:tcrc.' a: thc rate ot tiye per
cent per annum, payable semi
10 vail for the purpose Of eZ- -
'elliHg the system CT water No .
works for said village and con {
3tructiGg and u1airtaining I
stem OF electric lights foY -
said Village cf Erath.