St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-09-14

at COVlngLOn, La, OH LHe 1otA uoy
of August, 1918, at the hour of 10
a, M, which canvass shows that there
were 375 votes, representing an as
sessed valuation of $685. cast
in favor OF the proposition, as fol-
lows:
Proposition to authorize the Police
Jury of the Parish of st. TamMany
acting as the governing authority OF
Road District No. One of the Parish
OF St. Tammany, to incur debt On be-
half of and in the name of Road Dis
trict No. One of the Parish of st.
Tammany, to the amount of One
Hundred and Fifty Thousand ($1oo,-
OOO.OO) Dollars. and to issue and
sell negotiable semi-annual interest
bearing coupon bonds evidenciag the
said indebtedness (the amount OF
the said indebtedness being less than
10 per cent of the assessed valuation
of the property in said Road Dis
trict); said bonds to bear interest at
the rate of per cent per annum
payable semi-annually, the interest
and principal of said bonds to be
payable in such amounts and at such
places as the governing authority
may determine, in twenty-seven (2O
years from the date of the bonds:
and in a less time il the governing
authority in its discretion deems 1t
to the best interest of the Road Dis
trict, and both the principal and in
terest of said bonds to be secured by
sufficient tax to be levied and col
lected each year in accordance with
Article 281 of the Constitution of
and the laws of the State of Lou!si-
ana the proceeds from the sale of
the said bonds at not less than par
to be used in constructing, improving
and maintaining the public roads and
highways within Road District NO.
One of the Parish of St. Tammany,
Louisiana.
And there were six Co votes, rep
resenting an assessed valuation OF
$1S,8O1O0, cast against the above
proposition, and the said proposition
having received a majority in num-
Der and amount of the votes cast at
said election held on August 18th,
1918, was declared to be carried.
Therefore, in accordance with the re-
of the Police Jury of the Parish OF
st. Tammany, as the governing au-
thority of Road District No. One OF
the Parish of St. Tammany, l hereby
declare the said proposition as above
set forth to have been carried and
announce the result in this procla-
nation.
Thus done and passed in Coying-
ton, Louisiana, on this 10th day OF
August, 1918.
J. B. HOWE,
President.
F. ]. MARTINDALE,
Secretary.
Ordinance by Mr.. Geo. Koepp, Jr.
seconded by Mr.. J. NJ. Smith:
Whereas, on the 9th day OF
August, 1918, an election was held
in Road District No. 1 of the Parish
of St. Tammany, which authorized
the governing authority of said Road
District to issue bonds aggregating
One Hundred and Fifty Thousand
| ($15O,OOO) Dollars, for the construc.
| ton of public roads and highways in
said Road District; and,
Whereas, it is shown by the pro,
mitigation of the returns Of the said
election, authorized this day, thai
this Police Jury, as the governing
authority OF Road District No. l Of
the Parish OF st. Tammany, was au
thorized to issue bonds aggregatine
One Hundred and Fifty Thousand
($150,0O0) Dollars; and,
| Whereas, the Assessor of the Par
ish of St. Tammany has certified tina
the assessed valuation of Road Dis
trict No. / of the Parish of St. Tam
many for the year 1917, being tn
last assessment roll filed at the tim
the said election was called and hels
was $2,S62,391, and that an indebt
edness of One Hundred and FIT
Thousand ($150,O00) Dollars, and
bond issue representing said indebt
edness is less than ten per centun
of the assessed valuation of the prop
erty in Road District No. l of tn
Parish of St. Tammany; and,
/ Whereas, it is certified by tn
Treasurer of the Parish of st. Tam
many and by the Treasurer of thi
Road District that Road District NJ
l of the Parish of St. Tammany owe
no debts.
Therefore be it ordained by tn
Police Jury, acting as the governin
authority of Road District No. c
} the Parish of St. Tammany, that CON
] plying with the terms and condition
Of Act No. 80 Of the extra session c
} the General Assembly for the yea
} 1917 and Act No. 256 of 1910,
hereby authorizes the mourning of a
indebtedness of One Hundred an
Fifty Thousand ($150,000) Dollar
in said Road District for the pul
J pose of constructing, improving an
maintaining public roads and higl
ways in said Road District No. /, an
to represent the said indebtedness
the said Police Jury hereby author
} ICES the issuance of One Hundre
and F'ifty-Eight 158) Negotiabl
Bonds, numbered from one ID t
one hundred and fifty-eight 158) il
inclusive, of which Nos. /, 2, 4, 5,
} Z. s, 9, 10, II, II, IS, IA, l;
II, Is, 10, FL, %, %, %, q
q, %, 20, 80, 81. 80, 80, "a, 35, 81
80, 80. 40, II, 43, A., As, a
48, ~, so, 81, 50, So, "a, So, 5,
: 81, IS, So. 90, 81, 81, "a, 65, 81
I67. 68. 70. Il. Y. 70. "A. Is. n