The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1917-02-03

vote of the "ayes" and mays and
the roll being called said ordinance was
unanimously adopted by the vote of all
of the members present, each of said
members voting AYE" and there be-
ing no votes may" which ordinance
is in the words and figures following,
to-wit:
ORDINANCE.
An ordinance of the Grant Parish
School Board, Louisiana, making pro-
vision for the mourning of debt by
Colfax School District Number 2. in
said parish, in the amount of eight
thousand dollars ($s,00O.00), to be
evidenced by negotiable bonds for
the purpose of building and equip
ping high school building at Colfax,
in and for said district, prescribing
the form and details of said bonds,
the denomination, date, maturities,
of the principal and interest thereof.
and providing for the levying upon
all of the property of said school dis
trict of an annual special tax to pay
the installments of principal and in
terest as they severally become due,
and repeating so much of ordinance
No., adopted September g.. A. D.
1916, as is inconsistent herewith.
Whereas, in accordance with and in
strict compliance with all of the differ
ent requirements of the constitution
and laws of the State of Louisiana, and
pursuant to the provisions of an ordi-
nance duly adopted by the Grant Par
ish School Board, Louisiana. of date
the 18th day of May, A. D. 1916, spe-
cial election was duly called and there
after duly held in Colfax School Dis
trict No. 2, on the 9th day of June,
A. d. 1916, at which special election
the following proposition was submit
ted, to-wit:
To incur debt and issue bonds of the
said Colfax School District No. 2, in
Grant parish, Louisiana, to the amount
of eight thousand dollars (SS. 000.00) to
run for period of five years, bearing
interest at the rate of five per cent per
annum, payable annually. the funds
thus derived to be used for the purpose
of building and equipping high school
building at Colfax, Louisiana, in the
said school district No. 2.
And it further appearing that notice
of said election was duly given strictly
as required by the constitution and
laws of the State of Louisiana, which
notice was duly published for thirty
500 days in the official journal of said
board before said election; and
Whereas process verbal of the Grant
Parish School Board of the manner in
which the ballot boxes were opened,
the returns canvassed and the result OF
the election ascertained, was duly made
and a copy thereof forwarded 10 the
Secretary of State who duly recorded
the same, ana another copy aaS ..-se
| forwarded 10 the Clerk OF the Districi
Court. who duly recorded the same In
the mortgage records CT the parish
and the proclamation ca the President
of said board of date the 18th day OF
June, A. D. 1916. promulgating the re
suit of said election was duly published
in the official journal of said board
that said election resulted in favor o.
proposition as submitted; and
| Whereas all other conditions prece
dent to the lawful issuance of sait
bonds imposed or required by the con
stiiniion ana !sws uf tie Stats 81 Lon
/ slsicsly eDl4plled Wsss, A.iS lS1s .lrs
necessary and proper TO prescrios III
form and details of said ponds and t
make provision for the payment of tin
principal and interest thereof as In
installments thereof respectively be
come payable; now, therefore,
~ is ts..aae Pare
t -ot tafse, Louisiana
SSStivn L.
! That Grant Parish School Board d
hereby authorize the mourning of
debt of Colfax School District No. 2 o
said parish, in the amount of eigh
thousand dollars (Ss, 900.
Section p
Be it further ordained, That to evi
dence said debt sixteen Q6) negotiable
coupon bonds be issued, numbered fror
one TO sixteen Q-16), both inclusive
to bear interest at the rate of FIVE pc
centum (5S) per annum, payable annu
ally on the first day of December o