St. Landry clarion. (Opelousas, La.) 1890-1921, 1918-06-08

principal and interest al it
may issue under the authority
herein proposed to be granted
it. The balance Of said tax
after the payment of said
bonds in principal ana inter
est, to be used by the govern
ing authority of said Road
District in constructing, main
tanning and repairing the TO;
and bridges of said First Road
District of said Fourth Police
Jury Ward of the Parish of
st. Landry, La,
Which said propositions were
lawfully carried at said election, as
shown by the process verbal of the
Police Jury of the Parish of st.
Landry. La, of date July 5th, 1915,
of the canvass of returns; and
Whereas, the result of said cleo
ton has been duly promulgated
on the Sixth (6th,1 day of July,
1915, as required by law, and no con
test has been filed within sixty
(60l days from said date; and
Whereas, the police jury of said
parish is recognized and made BY
law the governing body of said
Road District, through whom such
bond issue shall be proceeded with
and said authorized tax levied
now, therefore,
Section 1. Be it o~r.1aitteI by the
police jury of the parish OF st.
Landry, La, in lawful saolion coli
yened, that he president and the
Secretary o this police iGry. shall
be authorized on behalf OF the
First Road District of the Fourth
Police Jury Ward of the Parish Of
st. Landry, La, acting as the gov
erning authority Of said Road Dis
trict, the police jury, and are dir
ected to incur debt to the amour.
of Twenty-Five Thousand ($25,000}
Dollars, and to make and to sign
negotiable bonds therefor, number
ed consecutively from one ~ to
1881, the first Of which shall be-
come due January ist, 1916, and the
last of which shall mature in the
year 1913; and which shall draw
interest at the rate of five per cent
per annum from date of issuance,
payable annually on the first day of
January Of each year, with the in
terest coupon attached to each bond.
And said bonds shall not be sold
for less than the price now fixed
by law.
Section 2. Be it further ordain-
ed, ETC.. That the proceeds of said
bond issue. when negotiated shall
be deposited in the treasury of said
Road District, and there shall be
and remain a trust fund to be used
for the purposes only that the same
levied and collected, to-wit:
For the purpose. of constructing,
maintaining and repairing the pub
lie roads and bridges in said Road
District.
Section 8. Be it further or
dained. etc. That said bonds shall
be Of date the First Hst,1 day or
September. 1915. and shall begin to
mature on the first day of jan
uary, 1916, and shall become due
and payable on January first of
each year thereafter, until and in
the first day of January,
1913, and shall be in numbers and
amounts as follows: Six (6)
bonds of the denomination Of Five
$500 Dollars each, due
respectively on the first day of jan
uary of the years 1916, 1917, 1918,
1920 and 1921; and Twenty
two (22l bonds of the denomination
Of One Thousand $4,000 Dollars
each, maturing respectively on the
day of January of the years
1922, 1928. 1924, 1925. 1926, 1927,
1928, 1929, 1880. 1881. 1882. 1888,
1894, 1885, 1896, 1887, 1888, 1889,
1870, 1871. 1912 and 1913.
4
And the form of said bonds shall
De substantially follows, save as
o number and amount and date of
maturity:
10000 $4,000
STATES OF AMERICA,
State of Louisiana,
Parish of st. Landry.
70. 1.
Bond of the First Road District of
the Fourth Police Jury Ward
of the Parish of st. Landry.
State of Louisiana.
Know all men by these presents,
That the First Road District of
Fourth Police Jury Ward Of
he Parish of st. Landry. La, a
political subdivision Of the State
Louisiana, acting through its
governing authority, the Police
Of the parish of st. Landry,
"a, for value received, hereby
to pay to the bearer on
he - day of -,
Five Hundred (s50o) Dollars, law
'ul money of the United States of
america. with interest thereon at