Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1917-03-31
An Ordinance.

Abbevillc, La. FrU. Sth, 1917.
The following resolution offered
by Alderman f L. Melebeck, was
unanimously adopted:
Whereas, improvements and addi-
tions to the Municipal Water & Light
Plant having become necessary and
whereas after due advertisement for
| bids the Fairbanks, Morse & Com
panv being the lowest bidders, the
contract tor same was duly awarded
10 said Fairbanks, Morse 4 Company
by This Council on the 18th day of
september, 1916; and whereas. the
funds necessary TO pay for said i'm
prOvementS are not now in the treas
ury and rot ir medlately available
Therefore be 1t resolved and ordain
ed that certificates of indebtedness
aggre eating Eight Thousand Dollars
(SS0O0 Coz he issued by OLis municip-
ality for the payment of said improve
meuts, payable in .installments of
Sixteen Hundred Dollars each, mat
uring on April 1st, 1918. 1919, 1920,
1921, and 1922 respectively, bearing
interest at the rate of five per cent
um per annum payable semi annually
on April and October first of each
year OF the life OF said obligations.
Be il further resolved and ordain
ed: That two and three quarter Mills
of the annual ten mill levy and as
sessment of taxes of the Town of
AbbeviIle, Louisiana. for the years
1917, 1918, 1919 1920, 1921. be and the
same are hereby set aside, pledged
and irrevocably dedicated to the pay
msnt of the said certificates OF indeb
tedness.
Be it resolved and ordained further
that the Mayor Of the TJwn Of Able
vile. La, the Hon. W. S Hayes, be
and he Is hereby authorized to exec
ute on behalf of said Town of Able
Vile all docume nts necessary.
February, Sth, 1917
The cert flcates OF indebtedness here
inabove provided for shall he in form
aud read as follows 20 Wit:
No, $1,000. 90
United States Of America
State OF Louisiana, Town If A6bevile
Know ali men by these presents
that the Town of Abbeviile. for value
received, hereby acknowledges itself
indebted u and promise to pay t.
the bearer hereof the sum of 5 xtsen
Hundred 1890 0O) Dollars on the
first day OF April l9-wilh interest
thereon, from date hereof at the rate
OF five per ceutum per anunm. inter
est pay abie semi annually on the fist
day of April ana the trst day of o.
tOber of each year Both the prlu-
cipal and Interest are payable at the
Bank OF Ahheville. Louisiana.
This Certificate is one of series OF
five certificates aggragating thu
princiPa' sum OF Eight T oUsahu Dot
lars Is 600 co. Of hike date and tenor
sxct pt ss u maturity which are amin
priz~d ana IL usd under valid ord
ance al the City Council OF the Town
ut Abbsviile Louisiana, aud secured
by pirdge aud dedication of two an
three quarter q "a, Wills OF the al
nual ten mill levy or the mnu'c palit,
ter the years lgi7-19ls 1919 1929 and
1871, for the purpuss OF paying f.
machinery and improvem rnts necev"
sarS tor the operation OF the Water &
Light Pigut.
IN wltn' ss whereof the said TowI
~ AnheVl.le has caused this eertif CATE
:" be Signed 5y the Mayor anu Sec
tary on this ....dav of.u.....Ie......
Vote called Oh the above resolutions
and recorded As follOwsj
4 ? Nelson, Ye., F L Melebeck,
rs, j. Camille BroUssard. Yes, Z. G
Greene, Yes, T. P 8esuxi-, Yes.
w. : HAYES, Mayor.
j, c. BROuSSARD, Secretary.