St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-06-01

| Whereas, it appears that an aV:l-
able surplus of one-half mill has been
found; and.
Whereas, it is desirable tc make
Certain Constitutional improvements
for the Parish of St. Tammany, Lou
isiara, and to issue bonds for the
purpose OF paying for said improve
ments, to-wit:
The construction and maintenance
OF roads in st. Tammany Parish, AMI
more particularly the road from Mad
isGnville corporation line TO Giving
ton corporation line, and the Parish
C iangipahoa line to the Covngton
corporation line.
Whereas, it is necessary fer such
improvements, that series OF 90
bonds of the denominations herein
after set forth can be issued and paid
by a conservative funding Of said
cne-half 1-2) mill, or 50 much
thereof as may be necessary to re-
tire said bonds in principal and in
terest; and,
Whereas, the said Police Jury de-
sires to irrevocably pledge and dedi-
cate the said surplus from the said
road fund, q. so much thereof a.
may be necessary for the payment OF
said bonds, in accordance with Act
90 of 1916.
Now, therefore, bs it ordained BY
the Police Jury of St. Tammany par
ish, State OF Louisiana, In legal ses
sion convened:
| Section l. That they hereby au-
thcrize the issue of, and there shall
be issued, under Act 90 OF tho Gen.
eral Assembly OF 1916, and Article
2Sz and paragraph of Article Isl
Of the Constitution of 1913 Of the
State of Louisiana, thirty serial
bonds. negotiable interest bearing
coupon bonds Of the denominations
hereinafter get forth and numbered
as follows, maturing from. to 10
years in an increasing ratio until
paid; said bonds being dated Coying.
ton. La, July l. 1918, bearing five
90 Dor cent per annum interest pay
able semi-annually on the 31st day
of December and the LIST day Of July
in each year; that said bonds shall
be payable each year in the specific
amounts and maturitiss, as ;ollOWa:
| l bond (No. - for 100000, ma.
turing July l, 1919.
I / bond (No. ~ for 100000, ma.
turing July 1, 1919.
4 j bond (No. - for $4,000, ma.
turing July /, 1919.
i without interest.)
i / bond (No. ~ for 100000. ma
turing July /, 1920.
Il l bond (No. 81 for $4,000, ma
turing July /, 1920.
! l bond (No. 81 for $4,000, ma
l.turing July /, 1929.
\ (Without interest.)
| j bond (No. y for 100000, ma
turing July /, 1921.
1 bond (No. 81 for $4,000. ma
turing July /, 1921.
L bond (No. 81 for $4,000, ma
turing July /, 1921.
l without interest.)
bond mo. 1O) for 100000, ma
turing July 1, 1922.
4 l bond (No. ~ for $4,000, ma
turing July l, 1922.
1 bond No. 12) for $4,000, ma
turing July i, 1922.
u, (Without INTEREST,"
I bond (No. 49, for 100000, ma
turing July 1, 1923.
bond (No. ~ for 100000, ma
turing July 1, 1928.
bond mo. 15) for $500. 90, ma
, turing July I, 1929.
without intsrest.)
l bond mo. 16) for 100000, ma
turing July /, 1924.
/ bond (No. 17) for 100000, ma
turing July 1, 1924.
! bond (No. 18) for $4,000, ma
turing July /, 1924.
| without interest.)
bond mo. 19) for 100000, ma
turing July /, 1925.
| bond (No. 20) for 100000, ma
turing July l, 1925.
| ! bond mo. 21) for $4,000, ma
turing July 1, 1925.
(Without interest.)
Il / bond (No. 22) for 100000, ma
turing July /. 1925.
I bond mo. 23) for 100000, ma
: turing July !, 1925.
l bond (No. 24) for $4,000. ma
tturing July l, 1926.
Il (Without interest.)
bond (No. 25) for 100000 ma
turing July 1, 1927.
Il bond (No. 2s) for 100000, ma
4 turing July l. 1897.
bond mo. 27) for $4,000, ma
} tturing July 1, 1927.
n (Without interest.)
bond (No. 2s) for 100000, ma
turing July 1. 1928.
! bond (No. 29) for 100000. ma
) + turing July I, 1928.
\ bond (No. 800 for $500. 90, ma
turing July l, 1923.
(Without interest.)
n That said bonds shall have attach
ed coupons representing interest OF
said bonds at the rate Of five g.
lper cent per annum, from the Is
day Of July, 1913, payable semi-an
nuAlly on the 31st day of Decembe
and the let day of July OF each year
That said bonds shall be issued To-
the purpose Of the aforesaid i'm
provements, to-wit:
The construction and maintenance,
Of roads in St. Tammany Parish, ant
more particularly the road from
1 Madisonville corporation line to thu
Covington corporation line and tn,
r Parish of Tangipahoa line to tn