St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-05-25
bond (No. 15) for $4,000, ma
turing July /, 1928.


bond mo. 16) for $1,000. 90. ma
turing July 1, 1924.
l bond (No. I'D for 100000, ma
turing July /, 1924.
bond (No. 49, for $4,000. ma
turing July !, 1924.
(Without interzst.)
/ bond Ono. 19) for 100000, ma
turing July i, 1925.
l bond (No. 20) for 100000, ma
turing July /, 1925.
bond (No. 21) for $4,000, ma
turing July l, 1925.
without interest.)
1 bond (No. 22) for 100000, ma
turing July !, 1926.
l bond (No. 23) for 100000, ma
turing July /, 1926.
II bond (No. 2D for $4,000, ma
turing July /, 1926.
without interest.)
l bond Ono. 25) for 100000, ma
turing July /, 1927.
/ bond ono. 26) for 100000, ma
turing July 1, 1927.
l bond (No. 27) for $4,000, ma
turing July /, 1927.
(Without interest.)
/ bond (No. 28) for 100000, ma
turing July /, 1928.
l bond (No. 29) for 100000, ma
turing July I, 1928.
bond (No. 800 for $4,000, ma
turing July l, 1928.
without interest.)
That said bonds shall have attach
ed coupons representing interest on
said bonds at the rate Of five 60
per cent per annum, from the LIST
day of July, 1918, payable semi-an-
nually on the 31st day of December
and the Let day of July of each year.
That said bonds shall be issued for
the purpose of the aforesaid i'm
provements, to-wit:
The construction and maintenance
Of roads in st. Tammany Parish, and
more particularly the road from
jacksonville corporation line to the
Covington corporation line and the
Parish of Tangipahoa line to the
Covington corporation line.
Section 2. Be it further ordained,
| ETC., That said bonds shall be in the
| form of and set forth In the follow
| ing words and figures, and be signed
| by the President Of the Police Jury
and attested by the Secretary Of the
Police Jury. to-wit: ..
UNITED STATES OF AMERICA
Public Improvement Bond Of the
I Parish Of st. Tammany, State
of Louisiana.
The Parish of St. Tammany, State
I of Louisiana, for value received,
hereby promises to pay. to bearer on
the 1st day of July, 49,. the sum OF
$........ in gold coin of the United
| States, of the present standard OF
! coinage, with interest thereon at the
| rate of 5 per cent per annum from
the 1st day Of July. 1918, and pay.
able semi-annually on the Let day OF
July and on the 31st day Of Deem
Der of each and every year except
! the first coupon which will be pay.
able one year after date. upon the
presentation and surrender of the
| coupons hereto attached as the same
shall mature. The principal and In
terest on this bond is made payable
at the Office Of the Covington Bank
& Trust Company, of Covington, Lou
isiana.
| This bond il one of a series of 80
bonds, numbered from / to 80, in
elusive, of the following denomina-
tons, to-wit: Sixteen (16) bonds
for $1,000; ten (1O) bonds for $500;
and one (1) bond each for 5000
$500, $500 and 5000. respectively
and aggregating $4,000, issued by
the Parish of St. Tammany, State OF
Louisiana, for the purpose of the
construction an maintenance OF
roads in st. Iammany Parish, and
more particularly the road from
| jacksonville corporation line to the
Covington corporation line and the
Parish of Tangipahoa line to the Gov
ingtn corporation line. by virtue Of
the authority conferred by Article
232 and paragraph of Article PSI
Of the Constitution, and Act No. sc
of the General Assembly Of the State
| Of Louisiana for the year 1916, and
the said bond was especially author
lied at meeting of the Police Jury
held in COvington, Louisiana, on the
29th day of April, 1918, in accord
| ance with said Act.
The debt represented by the said
80 bonds was incurred and the bonds
were issued by virtue of the authori-
ty conferred by the Constitution and
Act referred to and conforming to
the results of an ordinance voted by
the Police Jury of st. Tammany Par
ish, on the 29th day of April, 1918,
authorizing the Police Jury of the
said Parish to levy each year from
out Of the taxes of the said Police
Jury is authorized to impose under
the Constitution the sum Of one-half
(1-2) mill on the assessment of the
property of the Parish Of st. Tam
many, or so much thereof as shall
be sufficient to pay the principal and
interest on said bonds in accordance
with law, and it is certified that all
OF the acts, conditions and things
necessary to be done precedent to
the issuance of this bond and other
bonds Of the series in order to make
them legal, binding, and valid obli-
cations of the Parish of st. Tam
many have been performed in due
form as required by law. and that
the legal Indebtedness of said bond
OF the Parish OF st. Tammany, in
Guiding this issue Of bonds, does not
exceed the constitutional and statu-