The star-progress. (Opelousas, La.) 1917-1921, 1919-11-08

fourth ward.
Yeas -Messrs. I.arcade pitre
Mills, Daley, Cummings, Paw. C,reier,
W. T. Brown, Rushing, Doucet. SvI-
vestre, Deejan, Mccoy.
Motion carried.
Motion by Mr.. Mills
Resolved, that the resolution
adopted October 6, 1919, instructinp
the president and clerk Of this bodv
not to sign any bonds sold or IN
sold until further orders, be and the
same is hereby ordered repealed
Motion carried.
Mr.. R. L. Mills offered the fol-
lowing ordinance, duly seconded to-
wit:
A NoRDINANcE
Whereas, and election was held
IN Road District No. Eleven (11) Of
the Parish of St. Landry, State of
louisiana, on the 18th day of June.
1919, IN pursuance to an ordinance
OF the Police Jury adopted in the
9th day of May, 1919, notice of which
was published according to law; and.
whereas, one Of the questions
submitted at said election was to de-
termine the proposition:
10 incur debt and to issue serial
negotiable coupon bonds of said
Road District to the amount Of Five
hundred Thousand Dollars $780,
OOO.OO), to run for periods of from
One Cd to Thirty (30) years, bear
interest payable semi-annuaiIv at
the rate Of Five 6 per cent? per
cent per annum, for the purpose of
constructing permanent roads and
bridges IN said Road District title
to which shall vest in the public:
said public roads and bridges to be
constructed under the direction and
supervision of the State Highway
Department and with the financial
assistance of the state of Louisi-
ana and of the United States if
such assistance be available;;" and,
Whereas, said proposition was
lawfully carried at said election as
shown by the process verbal of the
Police Jury canvassing the returns
of said election on the seventh dav
of July, 1919 ;and,
Whereas, the result of said cleo
ton was duly promulgated on the
seventh day of July, 1919, as re-
quired by law and no contest has
been filed notwithstanding more
than sixty days have elapsed since
the date of said PRONUNCIATION; and,
Whereas, the Police Jury of the
Parish of st. Landry is recognized
by the constitution and laws Of this
state to be the governing authority
of said Road District; now, therefore
Be it ordained by the Police Jury
of the Parish of st. Landry, in reg
ular and lawful session convened :
Section THAT the president and
clerk of this Police Jury shall be
and are hereby authorized for and
on behalf of Road District No.
Eleven I'D of the parish of St.
Landry, State of Louisiana, to in
cur debt to the amount of Five
Hundred Thousand Dollars $780,
000.00), and to make and sign Sc
rial negotiable coupon bonds of said
Road District therefor numbered
consecutively from One ID to Five
Hundred 5000, both inclusive, the
first of which shall become due on
the first day of July, 1920, and the
last of which shall mature on the
first day of July, 1919; and which
shall bear interest at the rate of
five per cent { 5per cent? per an
mum, payable semi-annually, from
date, with interest coupons attached
to each bond; and said bonds shall
not be sold for less than par.
Section 2-That the proceeds Of
said bond issue, when negotiated,
shall be deposited in the treasury
of said parish, and there shall be
and remain as a trust fund to be
used only for the purpose fol
which the same were raised as set
forth in the preamble hereof.
Section 3-That said bonds shall
be of date the first day Of July
1919, and shall begin TO mature or
the first day Of July, A. d. 1920
and shall become due and payable
each year thereafter until and in.
Guiding the first day of July, A. D
1949, and shall be in numbers anc
amounts as follows.
Five hundred 5000 bonds of the
denomination Of One Thousand Dol
liars Isl, 000.OO) each, and dates Of
Imaturities as follows ,to-wit: