St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-02-10

Be it resolved, That said propC-
sition of the said Henry Keller be
accepted and that the president of
| the police jury of st. Tammany, La.
James B. howe, be and he is here
by authorized to enter into the FOL
lowing contract with the said Henry
Keller:
This contract and agreement en-
tered into by and between Henry
Keller, resident of the parish of St.
Tammany, La, here4naftsrwards
called the party of the irst par. and
the Parish of st. Tammany, State OF
Louisiana, herein represented by
James B. Howe, president OF the
police jury of st. Tammany parish,
La, duly authorized by resolution OF
said police jury, passed. on the 1th
day of February, 1917, h5rciL::fter-
wards called the party Of the second
part, Witnesseth:
That whereas the party Of the sec
ond part is DESTROYS of securing eel =
tain property owned by the party Of
the first part, for the purpose Of the
maintenance, repair and upkeap OF
the public highways Of st. Tammany
parish, La, this contract and agree
ment is entered into between the
said parties on the terms and con-
ditions following, to-wit:
The party of the first part hereby
sells to the party of the sec nd part,
the following described property
owned by him now in the parish Of
st. Tammany, La:
Duplex 4-wheel drive auto
truck; 3 mules and harness; road
machine (Road King); l road ma
chine (Road Junior; 1 road ma
chine (Austin Weston; l three
way drag; 1 heavy 2-horse wagon
(house built on wagon; 1 iron
wheel wagon (house built on same);
wagon (feed troughs built on
same); / sub-soil pillow (for cutting
roots); i straw rake; scrapers,
half dozen shovels, 2 axes, thrown
in.
Due receipt of the above describ-
ed property is hereby acknowledged
by the party of the second part.
That in consideration of the sale
Of said above described property,
the party of the second part agrees
and obligates itself to pay to the
party of the first part, the sum of
i've thousand ($5OOO) dollars, as
follows: One thousand ($1OO0)
dollars cash, which the party of the
first part hereby acknowledges to
have received; two thousand ($2,-
oOO) dollars on January Is, 1918,
and two thousand $4,000 dollars
on January Is, 1919; together with
i've per cent per annum interest
lot nf af
i, until paid, interest payable semi-an-
nually.
That in addition to this contract
and as additional evidence of said
Indebtedness, the party of the sec
ond part does by these presents issue
its two certificates of indebtedness
covering said above amounts of two
Thousand $4,000 dollars each, said
certificates of Indebtedness being
payable respectively on January Is,
1918, and January Is, 1919, said
certificates bearing five per cent
thereon from date until paid, in
terest payable annually, said certifi-
Gates being payable at the ST. Tam
many Bank & Trust Co., Covington,
La. Due delivery of said certificates
of Indebtedness is hereby acknowl-
edged by the party of the first part.
That in order to provide for the
payment by the party of the second
part to the party of the first part
| for the said above described proper
ty herein purchased. the party of the
second part declares that after pro-
viding for all statutory charges, all
charges for services rendered an
nuallv1nnder> time contract, and all
necessary or usual charges provided
for by ordinance or resolution, there
remains an excess of over one-half
mill out of the ten mills which the
party of the second part has a right
to levy on all the taxable property
within the said parish of st. Tam
many, La; and the party of the Sec
ond part agrees, obligates and binds
itself to set aside one-half mill each
year, or so much thereof as may be
necessary, for period of two years,
and places same in it's budget each
year, for the purpose of paying for
said above described property this
day purchased by the party of the
second part.
That said one-half mill, or so much
thereof as may be necessary, is to
be provided for and placed in the
budget of said police jury of the
parish of St. Tammany, La, adopt
ed in the years 1917 and 1918, and
levied on all the taxable property To-
Gated in said parish of St. Tammany,
La, as shown by the assessment roll
of said parish for said years.
Thus done and signed in dupli-
cate at Covington, Louisiana, on this
9TH day of February, A. D., 1917, in
the presence of A. ]. blanche and
Karl j. Kohnke, competent wit
HENRY KELLER,
Party of the First Part.
PARISH OF ST. TAMMANY.
By J. B. Howe, President of the
Police Jury of st. Tammany
Parish, Louisiana,
Party of the Second Pa1r.
Witnesses:
A. ]. blanche.
KARL ]. KOHNKE.
And the said James B Howe.
president, is further authorized to
sign all documents and papers nee
essary in order to make said con-
tract legal, valid and binding.
Yeas: Eight. Nays: None.
J. B. HOWE,
President.