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

vat DOnQS LOT Sale WlluOut AdsAA5
found a purchaser, and thinking 1t
essential that these bonds be sold,
we make you the following offer for
them:
We will purchase the entire issue
at par and charge you seven hundred
and fifty ($75O.OO) dollars to cover
cost of attorney fees, ,lithographing
bonds, etc. This offer to purchase
these bonds is also contingent upon
the proceeds of same being deposited
in this bank without interest.
Respectfully submitted,
CONVICTION BANK & TRUST
COMPANY,
Per E. G.. Davis. President.
On motion of H. N. Fendlason, Sec
onded by Geo. Koepp, the following
resolution was introduced and car
ried:
Whereas the five per cent serial,
negotia BILE, interest bearing bonds for
the sum of $4,000, issued under and
by virtue of Act 96 of 1916, for the
purpose Of constructing and building
dipping watts in the parish of st.
Tammany; and,
whereas, IuO 6dl0 OOA00 AovA
been duly advertised under and by
virtue of the said Act, and there hav-
ing been no bids received for same
within the time and manner fixed by
law; and,
Whereas, the Covington Bank 4
Trust Company, at Covington, LOU
isiana, has this day submitted an Of
fer in writing to purchase the said
bonds at par,
Therefore be it resolved, That the
said bonds have been adjudicated to
the Covington Bank & Trust Com
pany at par, proceeds thereof to be
placed in the general fund as pro-
vided for in said ordinance.
Ayes: 9. Nays: 0.
The above resolution was unani-
mously carried.
On motion of Geo. Koepp, escond-
ed by j. NJ. Smith, it was resolved
That the written proposal of the
Jahncke Shipbuilding Company t.
fill in the road bed for the purpose
of connecting the Madisonville-Houi-
tonville Road, along the Tchefuncta
River, was accepted with the under
standing that no charge was to be
made for said service, except the
actual cost of fuel and labor on the
dredge now operating in the Tche-
functa River.
Ayes: 8. Nays: 0.
Carried.
On motion of Geo. Koepp, second
ed by J. NJ. Smith, the following
resolution was introduced and car
ried:
Whereas, the five per cent serial
negotiable, interest bearing bonds
for the sum of $27, 900, issued under
and by virtue of an ordinance dated
April 10Th, 1918, for the purpose Of
building the jacksonville Road, were
duly advertised and offered for sale
under and by virtue of Act 90 o!
1916; and,
Whereas, no sealed bids were re
ceived for same within the time anf
manner fiexd by law; and,
Whereas, an offer has been receiv
ed from the Jahncke Shipbuildint
Company for the purchase of thes'
bonds at par,
Be it resolved, That the followini
bonds be sold to the said Jahnck'
Shipbuilding Company at par, sait
bonds bearing the serial numbers, to
wit:
No /, $1,000; No. 2, 5000; No.
$500; No. 5, $500; No. 6, $500
No. 8, $500; No. 3, $500; No. IL
5000; No. IL, $500; No. IA, $1,000
No. Is, $500; No. II, $1,000; No. IS
$500; No. 20, $1,000; No. 81, $500
|No. %, $1,000; No. "a, $500; No. 26
$4,000; No. ~, $500; No. %, $1,000
mo. 20, $1,000; No. 80, $500.
The balance Of said issue, to-wit
The sum of 100000 to remain ii
the hands of the Parish Treasurer
Subject to further disposition by thi
board.
Ayes: 9. Nays: o.
l The above resolution was unani
mously carried.
On motion of Geo. Koepp, second
ed by j. NJ. Smith, it was resolves
as follows:
Whereas. this Police Jury entere'
into a contract with Horace Alexius
of Covington, Louisiana, for certain
rolling machinery; and,
Whereas, the said contract wa
ultra wires and made through error
and,
| Whereas, a considerable portion O
time has elapsed, the said Alexiu
has neither taken possession or pal
the same,
Therefore be it resolved, That tn
said agreement be and the same
hereby rescinded, and the presiden
OF the police jury be ordered to i'm
mediately have said machinery, pal
ticularly the grader and the rollin
machines, put into proper repair TO
use on the roads whenever available
Ayes: 9. Nays: None.
The above resolution was carried
The following report was read: .
Statement of T. E. Brewster, ia
collector for the month Of Angus
1918:
Parish Tax:
Criminal fund ....... "a
Road fund .......... 81
school fund ......... Sc
General fund ........ 4.8
State tax ........... d
7eteran tax ~
sood road tax ....... @
Special road tax ...... 81
School tax ward 3 go. 3.5
School tax ward 4 go. 2.3
School tax ward 8 80. 3
, School tax ward 9 .... a
School tax wrd. 10 Abita IA
Special railroad tax At
l l6A = .