The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1917-08-18

IN Ordinance providing for the Iasu.
anco Of certificates of indebtedness
/ to evidence an indebtedness of
| West Feliciana Parish, louisiana
/ owing 10 the Bank of Commerce
and dedicatlHg. appropriatine and
plrdgiHg a tax for the payment II
/ said indebtedness
| Whereas West f'elcIana Parish Is
+ indebted 90 the Bank of Commerce. OF
81 Frauclsyille. Louisiana. in the sum
I Of ~ $50 -, which Indebtedness was
lawfully Incurred prior "a May |, 1915,
and Is not a bonded indebtedness and
/ Whereas Eald Indebtedness has been
/ lquidated and reduced 10 judgment In
/ the oath judicial District Court. en-,
/ tered June -. 1917, now. therefore,
be Il ordained By The Police Jary Of
the Parish OF West Feiiciana, Louis.
lana, that for the purpose Of eyldencing
said Indebtedness owing 10 the Bank of
Commerce there be- issued to said cred.
/ ilur, It's representative or transferred,
certificates Of indebtedness Tor the
amount of the debt due said creditor
Said issue shall consist oI one certiG-
cate Of the denomination OF $3.50 -,
aud nine certificates Of the denomina-
ton of 81 1e999 each, numbered con
seCuiiyely from 10 ~, inclusive, dated
July l. 1917. due and payable $3.50 -
on July l. 1918, and 81 600 90 on July
/ each year thereafter 60 aud including
July !, 1927 and bearing interest NJ
the rate of hve per cent per annum.
payable annually Oh the FIRST day uf
July Ia each year. the several install.
ments OF interest 90 be evidenced by
coupons attached 90 said certificates.
both principal and laterest payable az
Hanover National Bank, Ia the City Of
New York, State Of New York.
Said certificates shall be executed
and signed BIS the President and Clerk
Of the Police Jury. and the interest
coupons eyideneng the interest there.
oa shall bear fae-similes Of the sigma
lures Of said President aud Clerk The
President and Clerk OF the Police Jury
are hereby authorized and directed 10
execute and sign said certificates of
Indebtedness, and when executed to
deliver same TO said Bank Of Com
merce. rs representative or tfausferee
That for the purpose OF paying said
certificates, both principal and inter
est, there is hereby dedicated, set
aside and pledged 2I3 mills oI the
general revenue tax for a period Of ten
years, the funds derived from which
tax shall be kept separate from other
funds ct the Parish The entire pro,
ceeds Of said tax so pledged, or so
much thereof az may be necessary,
shall be devoted 20 the payment ~ the
principal and interest Of said eerth.
Gates and Interest acerulng thereon.
The foregoing Ordinance No. "a hay.
ing been read section by section and
understood by the Police Jury, and
having been duly seconded, Was. upon
vote taken, unanimously passed aud
adopted
IL witness whereof the members Of
the Police Jury of the Parish Of West
Feliciana have hereunto set their
hands al 81. FranciayiIle on this the
LIST day Of August, A. u. 1917.
G. +. Howell Ward I, President
II G. Kaufman, Ward l. Bayou
Sara lFrancisYiilc
A, s. Rrasseaux, Ward !, ST.
=. G. Cobb. Ward
II n Lewis, Ward 3
] + Austen, Ward
Absent, Ward
T II Row Ward 7
n II Barrow, Ward
J = Maryman, Ward
= l.. LaYpfgup. Ward To-
l. ] II Matthews, Clerk and Treas
urer of the Police Jury Of the Parish /
Of West FelteiaRa, State Of Louisiana, |
do hereby certify that the above aud |
foregoing Is a true and correct tran
script Of the records Of the proceedings
Of the said Police jury held on the tlrst |
day OF August. A. % 1917, IN the Town |
OF ST franeisyllle. al 10 o'clock, al the |
Court House Ties regular meeting place |
and hour and day. In so far as they |
relate to the passing and adopting af |
Ordinance No "a with reference 10 the |
issuance Of certificates of Indebtedness |
ia the amount Of s9,7S0g3
In testimony whereof ! have here /
unto set my hand aud caused the ofil-
cial seal Of the said Parish 10 be affixed /
un this the LIST day OF August 4, u, /
1917 al 81 FraRcisyllle, In the Parish |
and state aforesaid
]. r. MATTHEW'S,
Clerk aud Treasurer. Parish OF West /
Eg8Er49Ua Efafs. az 1 aR8HiaWa /