The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1917-04-21

be held in and for the Morgan City School
District Parish Of st. Mary, State of
Louisiana, on Tuesday the End day Of
May. a. D., 1917. for the purpose of sub
mitt'ng to the property taxpayers en-
| Tilted :" vote In sud district und-r the
! Constitution and laws OF the state of Louis
lana. the question of incurring q debt in
the sum of Sixty Thousand Dollars (SGU, .
NOoG! and to Issue negotiable bonds there
TOR running through period Of Thirty
lSiD years aud bearing interest at the rate
| OF Five 90 per cent per annum, interest
| payable annually. and issued in such de-
! nominations and payable at such times rs
Is authorized 10y the Constitution and laws
OF the State OF LOUISIANA. especially Sec
| ton ~ Of Act No. 256 of the General AS.
| sembly Of the >tste Of Louisiana for the
year 1910, the funds realized from the in
| curing OF SAID debt an the sale OF said
| bonds TO he used for the purpose Of pur-
chasing building site. or SITES, and the
building thereon of one or more addltioal
| school building, or buildings. in said
| school district as may be selected and de :
| ternined upon ny The school Board, and
| to furnish, equip, and maintain the same
when 30 constructed, The title 10 al! OF
which Shall vest in the school Board OF
| the Parish OF st. Mary, State OF Louisiana.
| First: Be it Resolved by the School
Board Of the Parish of It. Mary, State Of
| Louisiana, in regular session convened !,
| that:
Whereas. under Il resolution of the
School Board of the Parish of st. Mary 8,
Louisiana, ON the 9TH day Of july, 4. ID.
1908. the Morgan City school District was
| created and organized by resolution Of
| this Board, under and by virtue of the
| authority vested in this Board by Section
Ii Of Act No. PA Of the General Assembly
OF the State of Louisiana for the year 1872 !;
| and
Whereas, petition has been presented
| 10 the >cnOol Board OF the Parish Of st.
| Mary, signed by more than one-fourth
ii Of the property taxpayers OF sad
Morgan City school District, qualified to
vote under the Constitution and laws VI
the State OF Louisiana. at the election re.
quested to be held Ill said petition, pray
| ing that the School Board OF the Parish of
st. Mary submit to the property taXpay-
| ers of the said Morgan City School DIS
| tfict, qualified to yo,e IT such election un-
der thet constitution and laws OF THIS State,
the follcwln. proposition:
Shall IA debt be incurred in the sum Of
| sixty Thousand Dollars ,s60.UOO.OO) and
negotiable bonds issued therefor running
through a period Of Thirty (3cl years !,
| bearing interest 1T the rate OF Five (5) per
cent per annum, interest payable annually.
anu Issued Ill such denominations anu
payable nc sucn Times AS IL authorized ny
The Constitution ana laws OF the state OF
| Louisiana, especially by Section Is Of Act
No. 2j6 of the General Assembly OF the
State of Louisiana for the year 1910.
The fumes realized from the mourning
OF SAID DEBT ana the SAFE o! salu bonds to
be used Tor the purpose OF purchasing
building site. or sites. ana the building
| thereon OF one, or more, additional schOoI
II Inn nj SShn
trlct, rs may be selected aud determined
upon by the School Board. and to furnish.
equip. and maintain the same when so
constructed, the title to all OF which shall
| vest in the school Board Of the Parish Of
st. Mary. State OF Louisiana.
And Whereas, the assessed valuation OF
the property embraced within the terri
tory comprising said school !)istricf at the
present 'ime. as SHOWN ny the assessment
roll OF SAID School Dlstric' last made prior
TO the holding OF the election herein or
dered. amounts to One Million, Four
Hundred Ihlrty'seven Thousand. Five
Hundred Forty ,alne and l1,lO3 Dollars
W. o4S l'-loO' ana
whereas, IN tne event mat the said dept,
as above set icrtn, Is incurred. ana bonds
Issued tnereIor, the Total amount OF the
not reach tue cohst'tutlonai unit OF Ten
per cent on me assessed valuation OF the
properly OF said District:
therefore, ne II Resolved, FIRST: fhat
special election De ana the same Is here
ny canGu 10 DC he.a III the morgan City
school nistrict. at the time and place and
WITHIN the hours 10 be hereinafter pro-
videc. lor the purpose OF submitting TO
the properly TAX payers OF said ocnooi
Iistric, qualned 70 vote thereat under
re CONSTITUTION ana laws OF tnis otate'
the iolio~ nY pioposltioh:
ona 49,. aeot Oe incurred 10 me sum OF
o'A.s inou I Dona,s lsoo,Wo'Uv! anu
.nS'..' o..;"I - Tt.. .ue. a ~. hu nn.;..s
interest Ut Tue 'dle VI rive" per cenI an
NUN interest payAD'e annually, an" !ssueu
in such denominations and payable at such
time, ~ Is authorized by the Constitution
.nL laws of the state of Louisiana, es-
n.c;,iIr hv section % OF Act No. 2jt; OF the