The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1917-05-19

| ScnOOl building, OF Dullulngs. ID NAH
school district as may be selected and de
termined upon Dy the school Board. ant
to furnish, equip. and maintain the SAM
when so constructed, the title to al! o
which shall vest in the School Board o
the Parish Of st. Mary, state of Louisiana
First: BE it Resolved by the Schoo
| Board Of the Parish of st. Mary, State O
| Louisiana, in regular session convened
that:
Whereas, under a resolution Of the
School Board Of the Parish Of st. Mary
Louisiana, on the eth day Of July, A. 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 1902
and
Whereas, petition has been presented
to the School Board OF the Parish OF ST..
Mary, signed by more than one-fourth
u-4' Of the property Taxpayers OF said
Morgan City school District, qualified to
vote under the Constitution and laws OF
the State OF Louisiana. at the election re-
quested to he held in 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
trict, qualified to vote at such election UNI
der the on>titutiOn aud laws of this State,
the following propoSiti n:
Shall b debt be incurred in the sum of
Sixty Thousand Dollars $50. UO0.O0) and
negotiable bonds issued therefor running
through period OF Thirty [3cl years,
bearing interest ut the rate of Five (5) per
cent per annum, interest payable annually.
and Issued In such denominations and
payable at such times as Is authorized by
the Constitution and laws OF the State OF
Louisiana, especially by Section % Of Act
No. 256 of the General Assembly Of the
State OF Louisiana for the year 1910.
The funds realized from the mourning
of said debt and the sale of said bonds to
be used for the purpose of purchasing a
building site. or sites. and the building
thereon OF one, or more, additional school
building or buildings, In said School Dis.
trict, as may be selected aud determined
upon by the School Board and to fu rnish.
equip, and maintain the same wh-u 80
the title to all OF whivn 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 District at the
present time, he shown by the assessment
roll OF said School Distric: last made prior
10 The holding OF the election herein or
dei,' amoii> :" one Mlllivn, -Four
HunuieG iurty.> sn Thousand, Five !
Hundred Forty-niL and l1,1OU Dollars !
III 49,, $40 l1-l0J) ana
Whereas, IN the event that the said debt, |
as above set forth, IL incurred. aul bonds |
issued therefor, the total amount of the |
OF said School District will !
not reach the constitutional limit of ten |
per cent on the assessed valuation OF the |
OF said District;
Therefore, be it Resolved, First: That
4 special election be and the same is here !
ny called to he held in the Morgan CITY
school District. at the time and place and |
within the hours to be hereinafter pro-
'lded, for the purpose of submitting to
he property taxpayers of said Scnool
District, qualified to vote thereat under
he Constitution and laws Of this State.
me following propositions:
''Shall Debt be incurred in the sum Of
sixty. Thousand Dollars [$6o,OOU.OOl and
negotiable bonds issued therefor running
through period OF Thirty years, bearing
interest at the rate of Five (5D per cent an. |
lum interest payable annually, and issued
u such denominations and payable ut such
INES AS Is authorized by the Constitution
ND laws OF the State OF Louisiana, es.
'ecially by Section % Of Act No. 256 Of the
General Assembly o. the State Of Louis.
ana for the year 1910;
The funde realized from the mourning of
aid debt and the sale Of said bonds to be
0Su ava thS PuAPoS0 VI purchasing Z
uilding site or sites. and the building
hereon of one. or more, additional school
uliding or buildings. in said School Dis
rict, as may be selected and determined
pom by the school Beard, and to furnish
qulp, and maintain the same when 80
the title to all Of which shall
est In the SCHOOL Board Of the Parish of
t. Mary, State Of Louisiana.
second: That said election shall be held
the Morgan City School Dis.
'ict on Tuesday. the 22rd Gay OF Nav, A.
!, 1917; that the polling place for said :
lection shall be the City Hall. in the City
Morgan City, st. Mary Parish, Louis. ,
ina, within the said School District. !
nd the hours Of holding said election
aall be between seven O'Clock 4. m =, and !
ve O'Clock p. M, on said day.
Third That the form OF the ballot to ! :
9 used at said election shall be 10 follows. ;
,.wit;
for'the Issuance Of i7onds. i
I1