Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1918-01-12
AN ORDINANCE.

AN OIe1 <4NANC6.
Ordering a Speej al Election at which
shall be subm tilted to the property
tax payers qr,alified under the Con
stitutiOn and laws of the State Of
Louisiana, Of the Village Of EratL,
Louisiana, the question of mourning
debt and of issuing negotiable bonds
therefor to the amount of Seven
Thousand Dollars for the purpose Of
extending the system of Waterworks
for said village and constructing and
maintaining a system of electric
lights for said village of Erath, and
also the question of levyiug 4 special
tax of five mills on the dollar per
annum, for the period Of ten years,
beginning with the year 1918 and
ending with the year 1927, both in
elusive, ON all property situated IN
the said village subject to taxation,
for the above purposes.
Section One Be it ordained by the
Mayor and Board of Aldermen Of the
Village of Erath. Louisiana, in Special
session convened:
That whereas in order to provide
and create an extension of the system
of waterworks for the Village Of Erath
and construct and maintain a system OF
electric lights for the said Village OF
Erath, Louisiana. il will be necessary
that the MAYOR and Board of Aldermen
of said Village Of Erath be authorized
to incur debts and issue negotiable
bonds therefor to the amount OF Seven
Thousand Dollars in the denominations
and bearing interest as hereinafter sci
nh n n
for the pavment of said bonds in princl
pie and interest it viii be necessary t.
levy a special tax of five mills on tn,
dollar on all property subject to taxa
ton situated within the limits OF salc
Village for a period of ten years.
Section Two: THEREFORE,, be Il
ordained that a special election be an
the same is hereby ordered to be heio
in said Village of Erath. on Tuesday
the 18th day of January 1918, between
the hours OF Seven A. NJ. and Five L.
under the general election laws of tins
State as far as applicable at which SAID
election shall be submitted to the prop
ertv tax payers of said Village entitled
/ to vote at such election under the con
| stitution and laws of this State. tn,
! following proposition tO-wit:
First: Whether or not the Mayor ano
| Board of Aldermen of said Village -
| Irath shall be authorized to incur debt
and to issue negotiable bonds therefor
10 the amount Of Seven Thousand Dol
lars. i'm denominations of Seven Hundrc,
Dollars each, said bonds to be date
the 25th day Of March, 1918, bearing :
per cent per annum interest from date
said interest payable semi annually on
the 25th day of March and Of Septcmbrt
of each year, and said bonds to matW,
as follows. tO-wit:
One of said bonds to mature in two
years after date; one in three year,
after date; one in four years after date;
one in five years after date; one Ill SIN
years after date; one in sevtn year.
after date; one in eight years attel
date; one in nine years after date; and
two in ten years after date, for the rur
pose of extending the system of water
works in the Village OF Erath, and con
structing and maintaining sytem OF
electric lights for said Village Of Erath.
Second: Whether or not the Mayor
and Board of Aldermen of said Village
of Erath shall be authorized to levy a
special tax of five mills on the dollar
on all property subject to taxation sit
uated within the limits of said Village
for a period of ten years, beginning
with the year 1918 and ending with the
year 1927, both inclusive. in order to
meet the payment of said bouds, or
such thereof as may be issued. i'll lrin-
cipal and interest. and for The mafnte
-aRee- OF -saia-ssHstem of wateFwSElss ex
tension and electric light system.
Section Three: Be it further ordain-
ed, etc, that the ballots to be voted at
said election shall be in the following
forms, towit:
Those in favor of authorizing the
Mayor and Board of Aldermen of said
Village of Erath to incur debt and
issue negotiable bonds therefor as here
inabove stated. shall be as follows, TO-
wit:
FOR THE ISSUANCE OF BONDS.
Proposition to incur debt and issue
negotiable bonds Of the Village OF
Erath, Louisiana, to the amount of
Seven Thousand Dollars, to run ---
from one to ten years, bearing Yes
interest at the rate of five per
cent per annum, payable semi
annually for the purpose of ex- -
tending the system of water No
works for said village and con-
structing and maintaining a
system of electric lights for -
said VILLAGE of EFath