St. Tammany farmer., 1918-06-08
Whereas, it appears that an av.l-
able surplus Of one-na1f mill has beer

Whereas, it is desirable tc make
certain constitutional Improvements
for the Parish of st. Tamma1y, Lou
isiana, and to issue bonds for the
purpose Of paying for said mprove-
ments, toW1t:
The construction and maintenance
Of roads in St. Tammany Parish, anu
more particularly the road from Mad
isGnviile corporation line to Co'ins-
ton corporation line, and the Parish
CT iangipahoa line TO the Covtnst ston
corporation line.
Whereas, it is necessary for such
improvements, that series Of 80
bonds Of the denominations herein
after set forth can be issued and paid
ty conservative funding Of said
cne-half l-2) mill, or SO mucn
thereof as may be necessary to re-
tire said bonds in principal and in
terest; and,
Whereas, the said Police Jury de-
sires to irrevoca bly, pledge and dedi-
cate the said surplus from the said
road fund, az 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. Tamnany 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 96 of the Cen
: eral Assembly of 1916. aud Article
1889 and paragraph of Article PSI
oi the Constitution OF 1913 Of 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-
toa. La, July !, 1918, bearing five
60 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
lamounts and maturities, as follows:
1 bond (No. u for 100000, ma
turing July l, 1919.
bond (No. p for 100000, ma
turing July I, 1919.
l bond (No. - for $4,000, ma
ttnring July l, 1919.
without interest.)
II l bond (No. ~ for 100000, ma.
turing July l, 1920.
l bond (No. - for $4,000, ma
turing July l, 1920.
81 i bond (No. g. for $4,000, ma.
turing July /, 1920.
III (Without interest.>
al l bond (No. y for 100000, ma
81 turing July l, 1921.
l bond (No. 81 for $4,000, ma
turing July l, 1921.
D l bond (No. 81 for $4,000, ma
turing July l, 1921.
81 (Without interest.)
al bond tNo. 10) for 100000, ma
"a turing July /, 1922.
4 l bond (No. ID for $4,000, ma
e turing July /, 1922.
~ bond No. 12) for $4,000, ma
N turing July /, 1922.
'e (Without INTEREST,"
S. bond (No. 13) for 100000, ma
y turing July l, 1923.
ID bond (No. 14) for 100000, ma
le turing July /. 1923.
le} 1 bond (No. 15) for $4,000, ma
s. turing July l, 1923.
p-3 without interest.)
j. bond (No. 16) for 100000, ma
turing July /, 1924.
st bond (No. I'D for 100000, ma
re turing July l, 1924.
vi bond NNo. 1S) for $4,000, ma
turing July l, 1924.
ut without interest.)
lgt 1 bond (No. 19) for 100000, ma
re turing July 1, 1925.
W l bond (No. 2O) for $1,000. 90, ma
ID turing July /, 1925.
p-f 1 bond (No. 21) for $4,000, ma
n turing July /, 1925.
is (Without interest)
l bond (No. 22) for $1,000. 90, ma
p-1 turing July l, 1926.
l bond (No. 23) for $4,000 ma
Turing July /, 1926.
bond (No. 24) for $4,000, ma
II turing July l.. 1926.
(Without interest)
1 bond (No. 25) for $1,000. 90, ma
a. turing July 1, 1927.
Of 1 bond (No. 26) for 100000, ma
Id turing July I, 1927.
le4 DOnd (NO. ~ Tor $8OO.VO, ma
IL turing July /, 1927.
ri (Without interest)
1 bond (No. 2S) for 100000, ma
Il turing July l., 1928.
lei 1 bond (No. 29) for 100000, ma
I'd turing July 1, 1928.
.dt bond (No 30) for $4,000, ma
turing July L, 1928.
(Without interest.)
That said bonds shall have attach
ed coupons representing interest o
said bonds at the rate Of five 6
per cent per annum, from the Is
day Of July, 1918, payable semi-an
nually on the 31st day of Decembe
u and the 1st day Of July of each veal
in That said bonds shall be issued 70
:h the purpose of the aforesaid i'm
n provements, tO-wit:
a. The construction and maintenanc
IN Of roads in St. Tammany Parish, an
ne more particularly the road fror
t: Madisonville corporation line to tn
D; Covington corporation line and tn
III Parish Of Tangipahoa line to tn
o, Covington corporation line
n Section 2. Be it further ordained
e. ETC., That said bonds shall be in tn
ds form OF and set forth in the follow
IL ing words and figures, and be signe
Il @( D@1s T,,~