The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-01-26
ORDINANCE NO. los

bank OIL SoutnWeSL LOUISIANA 1T
Lake Charles, to be expended for
the eraication of the cattle tick IN
Jefferson Davis Parish; fixing the
terms of payment of said loan, and
the rate of interest thereon; author
izing the President of the Police
Jury of said parish to execute notes !
representing said Indebtedness;
dedicating the excess revenues of
said parish for the years 1917, 1918,
1919 and 1920 above the statutory,
necessary and usual charges and
charges for services rendered an
nually under time contracts, to the
payment of said loan in principal
and interest.
Whereas, the State of Louisiana,
by Act No. 1877 Of the Acts of the
General Assembly of the State of Lou
isiana for the year 1916, has made it
compulsory upon Police Juries of the
several parishes of the state to pro-
coed with. the work of systematic
eradication of the cattle tick; and,
Whereas, said work is deemed
necessary and desirable in the Parish
of Jefferson Davis; and,
Whereas, this Police Jury, by its
budget heretofore adopted has de-
clared that the excess revenues of
I said parish for the year 1917, after
payment of all statutory charges, and
all necessary and usual charges pro-
vided for by ordinance or resolution
of said Police Jury and the payment
of all charges for services rendered
under time contracts, amounts to at
least Four Thousand Dollars; and,
Whereas, it is necessary, in order
to obtain the money with which 70
carry on Systematically the work Of
cattle tick eradication in said parish
that at least Four Thousand dollars
be borrowed to be expended in said
work in accordance with Act. No. 127
of the General Assembly of the State
of Louisiana for the year 1916; and.
Whereas, the Calcasieu National
Bank of Southwest Louisiana at Lake
Charles has declared it's willingness
to lend said amount for said purpose
on the terms and conditions herein
after set forth; now, therefore,
Section l. BE it ordained by the
Police Jury of the Parish of Jefferson
Davis, that the president of this Pc
lice Jury be and ne Is hereby author
lied and directed to borrow from tht
Calcasieu National Bank Of South
west Louisiana at Lake Charles, th'
sum of -Four Thousand Dollars to b,
expended in accordance with the pro
visions of Act No. 127 of the Genera
Assembly of the State of Louisiana
\ for the year 1916 in the work of sys
tematic cattle tick eradication in tn
Parish of Jefferson Davis, interes
thereon to be paid annually at the rat
of five per cent per annum and pay
ment thereof to be made in the follow
ing manner:
One thousand dollars and all accrue
interest on said loan to be paid on 0
/ before the 1st day of January, 1919
Z One thousand dollars and all accrue
interest on said loan to be paid on Q
before the 1st day of January, 1915
4 One thousand dollars and all accrue
! interest on said loan to be paid on {
/ before the 1st day of January, 1921
II One thousand dollars and all accrue
interest on said loan to be paid on
! before the 1st day of January, 1872
= Sec. 2. Be it further ordained, ett
That there is hereby set apart, appr'
- priated and dedicated to the paymel
of said loan in principal and intere
= out of the excess revenues OF the pa
, ish of jefferson Davis over and abo'
3 the statutory charges, all necessal
< and usual charges provided for
Z ordinance or resolution of said Poll
, Jury, to the payment of all charg
\ for services to be rendered annual
( under time contracts, the followil
= sums, to-wit:
= For the year 1917, the sum of o
\ Thousand Dollars;
y For the year 1918, the sum of o
v Thousand Dollars;
= For the year 1919, the sum of o
X Thousand Dollars;
y For the year 1920, the sum of 0
- Thousand Dollars.
= Sec. 8. Be it further ordained, Ell
4 That said loan shall bear interest
y the rate of five per cent per annu
q interest on the whole of said loan
K be paid annually, and the President
y this Police Jury is hereby authori1
G. and directed to execute PROMISE
4 notes in the name of this Police il
- in favor of said Bank representing
y four annual payments of said loan
e herein provided for, each of said no
x to be dated as need, and each to
Y payable on or before its respective
q turity, and to deliver said notes
~ said bank on receipt by this Pc
X Jury of the amount of said loan
q Adopted January A, 1917.
g Attest: ). ). IRENE