St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-11-03

river 70 connect W1I0 600 030Oo0~
vile Road. tie 1m0rovamaat Of the
Bogue Ealaya Pazk. aal ether olasas
and crossings; and.
Whereas. It . necessary Fer such
improvements, and . ssEd0 Of AS
bonds Of the denomination Of One
Hundred Dollars and ne-100 cents
(3100.00) each, can b issued and
paid ~ . conservative funding Of
said two and two-eighths $50
mile, OF % much thereof - may 30
necessary, to retire saaa bends in
principal and interest; and.
Whereas. the ssia Mayer and
Board Of Aldermen desire = TIRE!
voeably pledge and dedicate the. said
surplus or ~ much thereof - may
- necessary Tor the payUaat Of said
bonds In AeoordAnoo with At % Of
1915,
Now therefore. b 1t ordained BY
the Mayor and Board OF Aldermen Of
the Town Of Covington. Louisiepa.
in legal session convened:
Section One. That they hereby
authorize the Issue Of, and there
shall b issued. under Act 96 Of the
General Assembly Of 1915, and ar
ticle 232 and paragraph 1 Of article
281 Of the Constitution of 1913, Of
the State Of Louisiana, One Hun
dred and Twenty-Five serial. nego-
table interest bearing coupon bonds
of tho denomination of One Hundred
Dollars each ($100.00). numbered
from to 1875, inclusive, maturing
from one to ten years In an increas-
Ing ratio until potd: said bonde BE-
ing dated December /, 1917, bearing
i've per cent Dor annum interest
payable semtAnnually on the LIT day
Of June and the lot day of Decem-
Der In each year: that said bonds
shall DO payable each year In the
speciAc Amounte end maturit,1o, -
follows:
10 bonds Of 500 each, maturing
on December lot, 1918.
10 bonds Of 800 each. maturing
on December Let. 1919.
10 bonds Of 3loo ean. nsturtns
on December Let, 1879.
10 bends Of $10e easA. maturing
On December 1st. 1021.
- bonds ee 11oo aaNh. aatarinS
on December LIT. 1919.
IL bonds Of 500 saoh, maturing
On December Let. 1893.
IL bonds Of 500 each. maturing
ON December 1t. 1874.
10 bonds e9 500 1aeA. natsfing
on Deeembsr Let. 1885.
II bonds Of @1oo each. aaturins
on December 1et. 1885.
an hnoAn ~ l100 nnAh nnAn nfn1
on DGeemnss lot, 1897.
That said bonds ehAu have, attAsh-
q coupons ropreaARtins 11terogt On
said bends at the nate of 4yo pery
cent per annaQ:, nem let day Of
Deosmbsr. 1917. PAYABLE aand-an-
nually On the Lat day Of luna and
lot Day Of Deeambar Of GAsh ylAr.
That said bonds anau - iseued
for the purpose Of the aforesaid In
provoments, to-Wts: Tao snelNne
Of the stroets Of the town OF Coving-
ton, La. and particularly . direct
route @ the Tchefuneta River TO
connect with The 1adisonville Pub
nc Road. the improvement Of the
Bogue Falaya Park ana othsf subtle
places and eros0inGo.
Section Two. Be u further o.
dained, etc., That safd bonds shall
be in the form Of and set forth IN the
following words and figures. and be
signed BY the Mayor and attsstsd BY
the Secretary, to-wit:
UNITED STAIRS OF AMERICA.
Public improvement Bond Of the
Town Of Covington, State
Of Loulsiana.
$4,000 10000.
The municipality Of the town OF
Covington, State Of Louisiana, for
value received hereby promises to
pay to bearer on the Let day Of De-
cember, ~. :. the sum Of $4,000 in
gold coin Of the United States. Of
the present standard Of coinage.
with interest thereon at the rate of
5 per cent per annum from the Let
day Of December. 1917. and payable
semi-annually on the Let day Of
June, and on the drst day Of De-
cember OF each and every year exr
cept the drst coupon which will be
payable one year after date, upon
the presentation and surrender OF
the coupons hereto attached - the
same shall mature. Tho principal
and interest on this bond 10 made
payable at tbs office Of the Covinston
Bank & Trust Company. Of Cov.nS-
ton, Louisiana.
This bond 10 one Of . eerieo Of 1eS
bonds, num0eeed from 70 13S. 10
elusive. OF tho demonstrations Of ooe