The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1917-05-12

Itermintd upon 10y the school Bo'rd. ant
| to furnish. equip. and maintain the SAM
when so constructed. the title to ali .
which shall vest in the School Board 0
| First: BE it Resolved hy the Schoo
Board of the Parish of st. Mary, state 0
| Louisiana, in regular session convened
| that:
! Whereas. under 4 resolution Vt tn,
school Board Of the i'a,ish IF It. Mary
/ Louisiana. on the eth day of July, 4. u.
1905. the Morgan city school District wa
| created and organized by resolution OF
| this Board, under and hy virtue OF TIT
au, hOrity vested in this Board by Section
| Il Of Act No. pa Of the General Assembly
| OF the state OF Louisiana for the year 1912
and
Whereas, a petition has been presented
to the School Board OF the Parish Ut st.
Mary, signed by more than one i"lrth
(l4,of the property Taxpayers OF ri
Morgan iy ~ch"Ol District. qH'llh 4 tn
vote under the constitution and la". OF
tue State Of Louisiana. al the election re :
quested to be b. III IN said petition. pray
ing thar the school :oard vi the ,ari~n OF
81. Mary submit to the property tsXpay
e,s of the said Morgan City School lr>-
tict, qualified to vote at such election un-
der the constitution and laws OF tnls state.
the following pr p"-ltl n:
Shall b debt be Incurred in The sum Of
-jXty Thousand Dollars 100000 nO) and
negotiable bonds issued thrref'r running
through period OF Thirty e. years,
bearing interest at the rate OF FIVE t5) per
cent per annum. interest PAYABLE annually
and issued in -ar.I I, SOLICITATIONS and
payable at such times a. is authorized 10y
the Constitution and laws OF he state OF
Louisiana, especially by section y OF act
No 256 of the General assembly OF the
st Ate of Louisiana tor the year l?lD
The fun realized from the lncurrIuS
Of said debt ana the sale OF said bonds to
be used for the purpose "f purcha>,n.
building site, or sites. and the building
thereon of one, ar NOR. additional school
building Or bul.ulus>, ,.Id oc..uul 'is-
t,,ct, as may be seiected aud determined
upon by the School Board aud to III, IL, Ia.
equip. and MAINTAIN the sam. when SO
constructed, the title to ali OF which shall
vest In the school Hoard of the Parish II
st. Mary. State Of Louisiana.
And Whereas. th- assessed valuation OF
the property embraced within the terri
tory comprising said school Dl>,rlct at the
present time. AS shown by the assessment
roll Of said School Distric: lat made prior
10 the holding % Inc election uerein or
liz red, amounts to one Milton, Four
Hundred Thirty Thoueauu, Five
Hundred Forty >nine and l7.lOU Dollars
Isl. AT $40 l7lLW) and
\, nereas, IN the event that the said debt,
AS above set f, nth, is incurred an / bOu0s
issued therefor, the total amount vi lue
indebtedness of said school District W, n
not reach the constitutional limit oi .e,.
per cent on The assessed valuation Of the
property Of said District:
Therefore, be it Resolved, FIRST: That
a special election be- ant the SANE is here
by called 10 be held in the Morgan CIV
school District. at the time AMI place and
kk< 10 k,<,
vlued, for the purpose OF >ubnittins to
the property tax payers Of said ScaooI
Distric', quail fed to vote thereat uuder
the Constitution aud laws Of this State
the following p OpOeitlOn:
''Shail debt be incurred in the sum Of
sixty Thousand Dollars ISIS ,1DU.VVl and
lit gOtiable bonds issued therefor running
through period Of Thirty years, bearing
interest at the rate Ut Five 90 Der cent IN.
mum interest pay able Annually. aud issued
in such denominations aud pay able At such
tunes AS Is authorized by the Constitution
aud laws OF the state OF Louisiana, Is.
pecially by Section u OF Act No. ESQ of tn.
General assembly o. the state Ut Louis.
lana for the year 1910;
The funds realized from the mourning OF
said debt and me sale IT said bonds t. b.
used for the PURPOSE Ut purcu sing \ |
building site ~ sites. and the building
thereon of one. ur more, additi ynal sc,,oul
nuiiding OF buildings. III said 5. hoo. .,is-
trlct, ~ may be selected and determined |
upon by the school Board, aud to furnish
equip, and maintain the same when 30
the title u all Of wuicb sna,
vest in the school Board Of the Parish OF |
st Mary, State Ut Louisiana.
ccund; That said election shall be held |
throughout the Morgan City Schvoi DIS
trict Oh tuesday. the 22.d uay Of May, A. |
D.. 1917; that the polling place for said
election ,hall be the CIT, Hall. in the City |
Ut Morgan Li'y, st. Mar! Parish, Louis.
lana, within the said school Uis,rlor |
and the hours of holding said election /
shall be between seven o'clock u. m ;. and
live o'clock p. N On saiI day.
Third That tue form ol The ballot To .
be used ut said election shall 10 az folio W.,
to.wit;