St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-05-18
V a conservative funding Of s

thereof as may be necessary to re-
tire said bonds in principal and in
terest; and,
Whereas, the said Police Jury de-
sires to irreyocably pledge and dedi-
cate the said surplua from the said
road fund, or so much thereof as
may be necessary for the payment OF
said bonds, in accordance with Act
SO Of 1916.
Now, therefore, be it ordained BY
he Police Jury OF st. Tammany par
l3h, State OF Louisiana, in legal ses
sion convened:
Section l. That they herebv au'
tlCrize the issue Of. and there shall
De issued, under Act SO OF the Gen
cal Assembly Of 1916, aud Article
.s"1 and paragraph Of Article Isl
O. the Constitution Of 1918 Of the
state OF Louisiana, thirty serlal
bonds, negotiable interest bearing
coupon bonds of the denominations
hereinafter set forth and numbered
~ follows, maturing iron: l to 10
yHars IN an increasing .atiO unit.
.jaid; SAID bonds being ualed IovlnS
,on, La, July i, 1918, bear ng IT,.
80 per cent per annum interest pay
tD4e senll-annually on the ;lst ia.
il December and the lst day u III.
il each year, that said bonds s.l...
% paya Die each year IN the speech. c
amounts and maturities, as follow ::
l bond (No. u for 100000, ma
turing July i, 1919.
/ bond tNo. p for 100000, ma
turing July /, 1919.
j bond (No. 81 for $4,000, ma
turing July ], 1919.
(Without interest.)
/ bond (No. A. for 100000, ma
turing July j, 1920.
] bond (No. - for $4,000, ma
turing July /, 1920.
/ bond (No. G. for $4,000, ma
turing July !, 1920.
(Without INTEREST,"
/ bond (No. y for 100000, ma
turing July /, 1921.
/ bond (No. 81 for $4,000, ma
turing July /, 1921
bond Ono. 81 for $4,000, ma
turing July /, 1921.
(Without INTEREST,"
/ bond (No. 10) for $1,000 90, ma
turing July i, 1922.
l bond (No. 11) for $4,000, ma
turing July /, 1922.
l bond No. 12) for $4,000, ma
turing July ], 1922.
(Without INTEREST,"
! bond (No. 49, for 100000, ma
turing July l, 1928.
1 bond (No. 14) for 100000, ma
turing July /, 1929.
l bond (No. 15) for $4,000, ma
turing July j, 1923.
without INTEREST,"
1 bond (No. 16) for 100000, ma
turing July /, 1924.
l bond (No. I'D for $1,000. 90. ma
turing July /, 1924.
l bond (No. 49, for $4,000, ma
turing July l, 1924.
(Without INTEREST,"
J. bond (No. 19) for $1,000. 90, ma
turing July l. 1925.
bond lNo. 2O) for 100000, ma
L "a III 8 y uiy /, AV6O.
l bond (No. 21) for $4,000, ma
turing July i, 1925.
(Without INTEREST,"
l bond (No. 22) for 100000, ma
turing July /. 1925.
l bond (No. 23) for 100000, ma
turing July /, 1926.
1 bond Ono. 24 for $4,000, ma
turing July l, 1926.
(Without interest.)
bond ono. 25) for $1,000 90, ma
turing July /, 1927.
l bond CNo. 26) for $1,000. 90, ma
,uring July l, 1927.
/ bond (No. 27) for $500. 90, ma
.uring July l, 1927.
(Without interest.)
! bond (No. 2s) for 100000, ma
uring July /, 1928.
/ bond (No. 29) for $1,000. 90, ma
uring July 1, 1928.
bond (No. 800 for $4,000, ma
urng July l, 1928.
(WithOut INTEREST,"
That said bonds shall have attach
I'd coupons representing interest on
said bonds at the rate OF Ave (5)
Der cent per annum. from the LIST
lay of July, 1918, payable semi-an-
lually on the 31st day Of December
md the LIST day OF July Of each year
That said bonds shall be issued for
the purpose OF the aforesaid i'm
to-wit:
The construction and maintenance
If roads in st. Tammany Parish, and
more particularly the road from
corporation line to the
Covington corporation line and the
Parish OF Tangipahoa line to the
Joyington corporation line.
Section 2 Be it further ordain al
stc, That said bonds shall be in Il,
orm of aud set forth in the follow
ng words snd figures. and be signed
" the President OF the Police Jury
nd attested by the Secretary OF the |
Police Jury. to-wit:
CNlTED STATES OF AMERICA
'ublic Improvement Bond OF the
Parish Of st. Tammany, State
Of louisiana.
>. $.....
The Parish OF St. Tammany. State
4 Louisiana, for value received,
ereby promises to pay to bearer on
he 1st day of July, 10. :, the sum OF
........ in gold coin OF the United