Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1917-04-14
An Ordinance.

Abbevillc, La. Feb Sth, 1917.
The following resolution offered
by Alderman + L. Melebeck, was
unanimously adopted
Whereas, Improvements and adj
inns - the Municipal Water & Light
Plant having brComr necessary and
whereas after due advtrtsem- for
lids the Fairb- nks. Morse q Com
PAM being the loweat bidders. the
cnntracr for same was duly awarded
tn said Fairbanks, VI rse x Company
by his Council on the 18Th day at
September, 1916; and whereas. the
funds necessary to paw for said i'm
! provements are not now in the treas
urv and. not in me diattlv available
Therefore he 1t resolved and ordain
/ ri that certificates of Indebtedness
| aggr eating Eight Thousand Dollars
| (SSOOO COZ he issued by his munich
lily for The pay mert of said improve
ments, PAYABLE In Installmrnts of
Sixteen Hundred Dollars each. mat
uriuG on April lst, 1918 1919, 1920
1921, and 1922 respectively. bearing
interest at the rate of FIVE per cent /
nm per annum payable semi annually /
on April ana October first Of each /
Year OF the life of said obligations .
Be It ful Their resolved and ordain
ed That two and three quarter Mill.
OF the annual ten mill levy and As
sessment of taxes of the Town of
bheVille, Louisiana, COR the wears
1917, 1918, 1919 1920, 1921. he and the
same are hereby set aside, pledged
ana irrevoca lily dedicated to the pay
ment of the said certificates of linden
tedDess.
Be it resolved and ordained further
that the Mayor of the Town If Able
vile. La, the Hon. W. S HAYES. he
and ne Is hereby authorized to exec
ute on behalf Of said Town of Abbe-
VILE all documents necessary.
February, Stb, 1917.
The certificates of indebtedness here
tnahove provided for shall be in form
and read as follows 20 witt
No. SrsOn m
United States of America
Safe OF Louisiana, Town of AbbeyIlle
Know all MN by these presents
that the Town of Ahbeville, for valu-
received, hereby acknowledges itself
Indebted t. and promise to paw to-
the bearer hereo, the sum of Sixteen :
tilrdred 1890 00) Dollars on the
first day OF April l9-with interest G
thereon, from date hereof at the rat
Of I'VE per centum per anuum inter t
asf payable semi annually on the first '
lay of April ana the hrst day of o.
ober of each year Both the prIn- b
'ipal and Interest are payable at the a
Bank of Abbeville. Louisiana. o.
This certificate is one Of a series Of Fl
I've certificates aggregating tn Il
Irincipai sum of Eight Thousand Dol y
ars $4,000 00) of like date and tenor fe
kept as TO maturity which are auth. OF
'rzed and Issued under valid ord n. y.
nee OF the City Council OF the Town III
# Abbtvile Louisiana, and secured
y pledge and dedication of Two ana ,r
hree quarter q "a Wills OF The au
usl ten mill lew % the municiDalit, II
rr the years 1917-f9lS 1919 1920 and
921. for the purpose OF ptyng for
Machinery and improvements uecps- "
lry for the ope alton OF the Water & =
ight Plant.
In witness whereof the said Town =.
Ahbevllla has caused this certifcatD
} be signed by the Mayor AMI Sec
-tary on this. day uf.........1g
Vote called or the above reslutiouss
nd recorded "a folIows;
Z Nelson, Ye-, L MeIebeck
as, j. Camille Broussard. Y. R G
reene, Yes, F. Bearxi- Yes. sa
w. : RAVES, Mayor Sc
c. BROCSSARD, Sec etary an