St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-06-15

+ 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
isiana, and to issue bonds for the
purpose CT paying for said improve
| ments, to-wit:
The construction and maintenance
Of roads in St. Tammany Parish, and
more particularly the road from Mad
isGnville corporation line to Covins-
ton corporation line, and the Parish
CT Iangipahoa line to the Covlngton
corporation line. y
Whereas, it is necessary fer such
improvements, that a series OF 80
| bonds of the denominations herein
after set forth can be issued and paid
| by a conservative funding Of said
cne-half l-2) mill, or 80 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, n: SO much thereof as
may be necessary for the payment of
said bonds, in accordance with Act
90 Of 1916.
| Now, therefore, be it ordained by
the Police Jury of st. Tammany par
ish, State of Louisiana, in legal ses
sion convened:
Section l. That they herebv au.
thcrize the issue of, and there shall
be issued, under Act SO of tho Cen
eral Assembly OF 1916, aud Article
2S2 and paragraph of Article PSI
Of the Constitution Of 1913 If the
State of Louisiana, thirty serial
bonds, negotiable interest bearing
coupon bonds of the denominations
hereinafter set forth and numbered
as follows, maturing from. l to 10
years in an increasing ratio until
paid; said bonds being dated Coving-
ton. La, July /, 1913, bearing five
90 per cent per annum interest pay
able semi-annually on the 31st day
of December and the 1st day Of July
in each year; that said bonds shall
be payable each year in the specific
amounts and maturities, as ;ollows:
l bond (No. ~ for 100000, ma
turing July /, 1919.
bond (No. - for 100000, ma
turing July /, 1919.
i bond (No. 81 for $4,000. ma
turing July l, 1919.
without interest.)
l bond (No. ~ for 100000, ma
.uring July l, 1920.
l bond (No. 81 for $4,000, ma
turing July l, 1920.
l bond mo. g. for $4,000, ma
turing July /, 1920.
(Without interest.}
/ bond (No. y for 100000, ma
turing July l, 1921.
l bond (No. 81 for $4,000, ma.
turing July l, 1921.
/ bond (No. 81 for $500. 90, ma.
turing July l, 1921.
without interest.)
i bond (No. 10) for 100000. ma
turing July 1, 1922.
/ l bond (No. ~ for 100000, ma.
turing July l, 1922.
l bond No. 12) for $4,000, ma
! turing July 1, 1922.
(Without INTEREST,"
bond (No. 13) for 100000, ma
turing July /, 1928.
bond ono. 14) for 100000, ma
Z, turing July 1, 1923.
bond (No. $50 for $4,000 ma
turing July l, 1928.
without intsrest.)
/ bond (No. 16) for 100000. ma
turing July 1, 1924.
bond mo. I'D for 100000. ma
turing JulyS1 1924.
bond (No. 18) for $4,000 ma
turing July /, 1924.
without interest.)
! l bond (No. 1917 for 100000, ma
e turing July l, 1925.
/ bond (No. 2O) for 100000, ma
turing July 1, 1925.
bond (No. 21) for $4,000, ma
. turing July /, 1925.
$ (Without interest.)
e bond mo. 22) for 100000. ma
turing July /, 1925.
bond mo. 23) for 100000. ma
turing July /, 1926.
bond (No. 24) for $4,000, ma
1 turing July I. 1926.
Il without interest.)
Il bond ono. 25) for 100000, ma
turing July l, 1927.
bond ono. 26l for 100000, ma
Z turing July /, 1927.
II l bond mo. 27) for $4,000, ma
turing July /, 1927.
(Without interest.)
i / bond mo. 2S) for 100000, ma
turing July 1, 1928.
bond (No. 29) for 100000. ma
turing July l, 1928.
bond (No. 3O) for $4,000, ma
: turing July l, 1928.
. (Without interest.)
That said bonds shall have attach
. ed coupons representing interest OF
said bonds at the rate of five (5l
per cent per annum, from the Isl
day Of July, 1918, payable semi-an
nually on the 31st day Of December
and the 1st day of July of each year
That said bonds shall be issued FOL
I the purpose Of the aforesaid i'm.
provements, to-wit:
The construction and maintenance
J Of roads in St. Tammany Parish, ani
e more particularly the road from
!: Madisonville corporation line to thu
; Covington corporation line and thu
Parish of Tangipahoa line to thu