The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1917-07-07

and did further dedicate, set aside and pledge
for the payment OF said Indebtedness iof
the wears 1916 to 1926. both inclusive. Is
of q mill of the general ten-miii tax author
;zad NV article 232 of the constitution. and
did pledge the surplus revenues represented
by the said q Of q mill tax. or SO mulch
thereof as might be necessary. for the pay
ment of said indebtedness; and
Whereas it will be seen from the above
that this body has authorized the issuance
of fifteen hundred dollars tsl5eol OF BONDS
which are payable January !. 1877, ana mas
riede.ed the "a of mill of the surplus ten
Mil tas for the year 1915 for the payment
of these bonds due July !, 1917; and
Whereas, the bonds have not yet been Is
sued and actually delivered to the purchaser.
and this body has on hand the proceeds VI
used for the purpose of retiring the bonds
nayable July /. 1917, and paying the interest,"
due on that date, and this body considers II
a useless proceeding to issue and sen the
bonds due July I, 1919; as PROVIDED .. IN LA
ordinance. but that on the contrary it would
10 to the best interests Of the parish That
the funds now on hand should be immediate
" used for the purpose that 1t was eohtefn-
plated the funds realized from the processes
If the bonds would be used. and that the
bond issue should be reduced from siI.aeo
~ SID 600. to be payable from the surplus
~ venues Of the years 1917 to 1925, as stip-
/ ulated in the original ordinance; and
whereas it is further the opinion OF tnis
,odv that it would be well to change the
maturities of said bonds, SO as to make same
,,,at,,e on February l, 1918, 1919, 1917.
| Ioo1. 1922, 1928, 1924. 1925 and 1875, IN
| TODD Of .Iulv /. 1913 to 1926. as provided IN
| me original ordinance. and that 80 BONDS OF
$500 each and 10 bonds of $500 each shoula q
| i,a issued in lieu of the 80 bonds OF Soeo
zach originally authorized. which shouio De
dated February l. 1917. and should be pay
! able February l, l9ls 10 1872 heiu' -
| hereinafter set forth; and
4 Whereas. this body believes that saio OF
j;nanca should be amended in this respect
| now therefore. - - -.
Wa II ordained by the police jury OF Inc
| n,r;sb ri Ascension, in session conVehea
| that SECTIONS l. 2 and Of the orainanes
| .io,tnd nv this body February Z. ivy, en-
| titIed IAN ordinance providing Tor the -
suance of road bonds of the parish OF Ascen
ON in the state of Louisiana, IN the sum %
,.a,,t.sn thousand five hundred dollars. paf
.,a,t "a the provisions of paragraph -FOUR O
sy.t;cIa two hundred and eignty-ohe oi t LIZ
one+itut;on of said state, and proViaiis ~
10 navment of the principal and ih'erss
,hereof" he amended and re-enaeted SO rs y
read as follows: AZ. nartsb q
4 Ascension. in the state of LouisMna, =. 1ste
on,ount of sixteen thousand uoI, n 80 ~
& ann1 10 issued: said bonds shaH psai =, :.
wv, at ths rate Of five per eentnm pc
teI ,s,,,, navable serni-annualiy. ana sn 81, I.
boar date the lst day of February. ~ - A. =
,h;r.v ta0l of said bonds to be OF t Isra u
ar,;nat;on of five hundred dollars tSoy ~
h nun - no numbered from ! to 80, Doth III
e1,esiye and ten t16) Of said bonas te l Ne
~ denomination of one hundreo ooi -
Is1aol each. to be numbered A. ~ ~ -as
; both inclusive, and Oh Ing
turtles: .ta,.,,+ Date of