St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-07-21

nomination Of Five Hundred Dollars
($500) each, aggregating Fifteen
Thousand Dollars ($15,O0O), and
said bonds to be dated May l, 1917,
to bear interest at the rate of five per
cent Is per cent? per annum, payable
semi-annually, except the first cou-
pom which shall be annual, and issu-
ed for the purpose Of constructing
and furnishing public school
building at Vaudeville, Louisiana,
and the purchase Of the necessary
site, all within the limits of. School
District No. 1. and the title to which
shall vest in the public.
Be It further ordained, That these
bonds shall be due and payable as
follows:
Bonds Nos. and 2 mature May /,
1918, $500.
Bonds Nos. 3 and 4 mature May /,
1919. $500.
Bonds Nos. and s mature May /.
1890. $500.
Bonds Nos. Z to 10. inclusive, ma
ture May l. 1921. $500.
Bonds Nos. IL to IA, inclusive,
mature May l, 1922, $500.
Bonds Nos. Is to Is, inclusive,
mature May l, 1923, $1,000.
Bonds Nos. II to IS, inclusive,
mature May 1, 1924, $1,000.
Bonds Nos. 10 to 20, inclusive,
mature May /, 1925, $1,000.
Bonds Nos. Fl to %, inclusive,
mature May 1. 1926, $1,000.
Bonds Nos. % to 26, inclusive,
mature May j, 1927, $1,000.
Bonds Nos ~ to 80, inclusive,
mature May 1, 1928, $1,000.
Bonds Nos. 81 to "a, inclusive,
mature May l, 1929, $1,000.
Bonds Nos. IS to 80, inclusive,
mature May l. 1880. $1,000.
Bonds Nos. 40 to "A, inclusive,
mature May /, 1881, $780,
Bonds Nos. As to so, inclusive,
mature May /, 1892, $14OO.
All of which said bonds shall bear
interest at the rate of five per cent
per annum, payable semi-annually,
except the first coupon, which shall
be annual, ON the first day of May
and November of each and every
year until the complete payment of
the principal sum thereof, both prin-
cipal and interest to be paid at the
office of the Covngton Bank & Trust
Company, of Covington, Louisiana,
the interest on said bonds to be evil
denced by proper coupons attached
to each bond with q fac-simile sig
nature of the president and secre-
tary of the School Board on said cou-
pons and the said bonds to be signed
by the president and secretary of the
School Board and sealed with the
seal thereof.
Be it further resolved. That the
bonds shall be printed by the presi-
dent Of this Board and shall be sub
stantiall as follows:
United States OF America, State of
Louisiana.
No. ...... $......
Public Improvement Bond of
School District No. 4, St. Tammany
Parish, State of Louisiana.
School District No. of the Par
ish of St. Tammany, State of Lou
lsiana, for value received hereby
promises to pay to bearer on May 1,
10. :, the sum of
One Hundred Dollars $1,000
Five Hundred Dollars ($500)
in gold coin of the United States of
the present standard of coinage,
with interest thereon at the rate of
Ave per cent per annum from May
l, 1917, payable semi-annually on
the first day of November and on
the first day of May of each and
every year, except the first coupon,
which will be payable one year after
date, upon the presentation and sur
render of the coupons hereto at
tached az the same shall mature.
The principal and interest on this
bond is made payable at tn Office
of the Covington Bank & Trust
Company, of Covington, Louisiana.
This bond is one of a series of
nifty bonds, numbered from l to so,
of the denominations of
One Hundred Dollars $4,000 and
Five Hundred Dollars $4,000 bonds
Nos. 2, 4, s, 8, 9, 10, IL, 10, IA, 25,
20, 20, 30. 33, "a, 81, 80, 80, AZ,
43, ~, ~, 48, ~ and SO being of
the denomination Of One Hundred
Dollars Q$100) each and bonds Nos
l, 3, S, Z. II, Is, Is, II, 10, 10,
20, Fl, 20, %, "a, q, %, 81, 80,
IS. SO, 40, Al, As and 46 being of
the denomination of Five Hundred
Dollars ($500) each, aggresating
the Fifteen Thousand Dollars t$15.-
0OO) issued by School Distric. No. 4
of the Parish of st. Tammany, State
of Louisiana, for the purpose Of con-