The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1917-08-25
ORDINANCE NO "a

An Ordinance providing for the issu.
anoo Of certificates Of indebtedness
Ia evidence an indebtedness Of
West FeIiclana Parish. Louisiana,
owing 90 the Bank Of Commerce.
and dedicatiuE appropriattng and
pladginR a tax for the payment of
said indebtedness
Whereas. West FelCiaBa Parish Is
indebted to the Bank of Commerce. Of
.st Franeisyllle Louisiana. tn the sHm
OF 81 TSU 80, which indebtedness was
lawfully incurred prior 20 May l. 1916,
and Ii not a bonded indebtedness. and
Whereas. said indebtedness has been
liqaidated and reduced to Judgment IN
the cath Judicial District Court. eH-
tered June -, 1917. uoW. therefore
Be II ordained by the Police Jury of
the Parish Of West FelIclaua, Louis
lana. that for the purpose Of eYideDciHe
said indebtedness owing to the Bank of
Commerce there be issued 10 said cred.
itor. rs representative or tranEtpFoo,
certificates or indebtedness for the
amount Of the debt due said creditor.
Said issue shall consist Of one certiG.
cate Of the denomination of sTs9a3,
and nine certificates Of the denomina-
ton Of si.N0000 each, numbered con.
secutiycly from ia l0. Inclusive. dated
Jaiy |. 1917. due and payable $3.50 ~
ou July !. 1918. and 81 eco Ge on July 1
each year thereafter Ia and including
July !, 1927, and bearing interest at
the rate Of iiye per cent per aHHum
payable annually on the FIRST day 81
July la each year the several install
meHts of interest to be- evidenced by
coupons attached 20 said certificates,
both principal and interest payable at
Hanover National Rank in the city Of
New York. State Of New York
Said certificates shall bg executed
and signed by the President and Clerk
Of the Police Jury and the interest
coupons eyIdencinR he interest there
on shall bear iaf.similcs Of the signa.
lures Of said President and Clerk The
President and Clerk of the Police Jury
are hereby authorized and directed 10
execute and sign said certificates Of
Indebtedness, and when executed 20
deliver same 60 said Bank Of Com
merco It's representative or traBsfcreo.
That for the purpose Of paying said
certificates, both principal and inter.
est. there Is hereby dedicated, set
aside and pledged 2I3 mills Of the
general revenue tax for a period of ten
years, the funds derived from which
tax shall be kept separate from other
funds Of the Parish The entire pro.
ceeds Of said tax so pledged, OF so
much thereof as may be necessary.
shall b. devoted 80 the payment Of the
principal and interest of said Certli.
Gates and interest accruiug thereon
The foregoing Ordinance No. "a hay.
ing been read section by section and
understood by the Police Jury, sad
having been duly seconded was, upon
vote taken, unanimously passed and
adopted.
In witness whereof the members Of
the Police Jury Of the Parish of West
FelieiaRa have hcrcuutn SGT their
hands, at 81 FFaHeiagtilo on this the
ist day Of August. A. u. 1915.
{. f. Howell Ward 1. President
II e. kaufman Ward l. Bayou
Sara lFFauCisyilie
4. s. BraaseauX, Ward J. ST.
\ {. Cobb, Ward
n Il. Lewis, Ward
]. + Austen, Ward 3
Absent Ward
r II Row, Ward 7
n II Barrow, Ward
J, + Maryman. Ward 9
y l.. layrrgne. Ward -
/. ]. Il Matthews, Clerk and Treas.
urer Of the Police Jury Of the Parish
of West FeliciaBa. state Of Louisiana.
do hereby certify that The above and
foregoing Is a true and correct tran
script Of the records Of the proceedings
~ the said Police Jury held on the ilrst
day Of August A. y. 1917, ia the Town
OF ST FfaBcisgilla, al 10 o'clock. at the
Court House it's regular meeting place
and hour and day. IN so far as they
relate 90 the passing and adopting Of
Ordinance No "a with reference to the
issuance Of certificates Of Indebtedness
IN the amount Of s9,7s0a3
In testimony whereof ! have here
unto set my hand and caused the Off
cial seal Of the said Parish 90 be affixed
on this the Isl day OF August. A. D.
1917, 90 81 Francisyiip. Ia The Parish
and State aforesaid
J. Il. MATTHEW'S.
Clerk and Treasurer. Parish Of West
Fehciana, State OF Louisiana