The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1919-12-13

the returns and declare the result OF
said election and prOmulgate same;
all in one election to be held IN &C
cordance with this Ordinance, and Or
dinance No. Two (2) relating to the
levy of an advalorem tax and the is
suanCe CT bonds based thereon.
Approved at the domicile Of Bell
City Drainage District No. One, on
this the Ord day of December, 1919.
H. \. FONTENOT,
THOMAS cox,
Secretary.
The chairman called for a vote up
on the adoption of said Ordinance,
which resulted in:
Yeas, Five.
Nays, None.
WhereupCn he declared the Ordin-
|ance duly adopted
Commissioner Parent moved secon
ded by Commissioner Harris, that the
following Ordinance be adopt e d,
authorizing the creation CT bonded
Indebtedness in the sum of Ninety
thousand $3.50, Dollars, to run
for period of twenty-five years, to be
secured by an advalorem tax to be
levied annually by the Commissioners
of Bell City Drainage District No. One,
to-wit:
Ordinance No. Two (2).
AN ORDINANCE of Bell City Drain
age District No One, providing for the
levying of an adyalorem tax on all
property within said District, subject
to taxation, and the creation of bond
ed Indebtedness of Ninety thousand
$3.50, 000.00) Dollars, as authorized by
Article PSI of the Constitution of the
State of Louisiana, adopted on No
vember 22nd, 1913, for the purpose OF
providing for the maintenance of said
drainage system on all lands situated
in said District, and for the purpose OF
holding an election therefor;
Whereas, it is the opinion Of the
Board of Commissioners of Bell City
Drainage District No. One, that it is
necessary that. said Drainage District
be authorized to create bonded in
debtednesS in the sum of Ninety
thousand (S90,00900} Dollars to be
represented by one hundred and eighty
| (1S0) bonds of Five hundred ($50OO0)
Dollars each, to be issued by said
Board of Commissioners, to bear in
terest at the rate Of five per cent pei
annum, payable semi-annually, matur
ing at such dates as may be fixed by
the said Board of Commissioners Oh
Bell City Drainage District No. One
of same, and also in order to procure
the payment of said bonds, together
with the interest thereon, and an ad
ditional fund with which to enable
said Bell City Drainage District No
One to procure the necessary dredg
| ing machinery, rights of way and i'm
provements to properly and sufficiently
drain the land comprised within sale
drainage district, that it is necessary
that an advalorem tax of such amount
as may be fixed by the Commissioners
from year to year, not exceeding tel
mills on the dollar, per annum, on al
property within said District, subjec
to State taxation, as authorized b!
Article Isl of the Constitution of the
State CT Louisiana. as adopted Noyem
Der 22nd, 1913, and amendments there
of, be levied on all property comprised
within the limits of said Bell Cit.
Drainage District No. One, for perioC
of twenty-five years, commencing will
the year 1920, and ending with thu
lyear 1914, both inclusive.
Section One Be it Ordained by thu
Board of Commissioners of Bell Cit.
Drainage District No. One, that salt
adval0rem tax of such amount as ma.
be fixed by the Board of Commission
ers from year to yeaf,not to exceed
ten mills on the dollar, as authorized
by Article 281 of the Constitution 0
the State of Louisiana, adopted OF
November 22nd, 1913, as amended, b,
levied on all property subject to Stat
taxation, comprised within the limit
of said Bell city Drainage District No
lone, for a period of twenty-five years
commencing with the year 1920, AM
ending with the year 1914, both in
elusive, and the funds derived iron
said advalorem tax shall be used ex
clusively as follows
| First: To the liquidation and ex
Itinction of said bonded Indebtedness
| Second: For the purpose of paying
the interest upon said bonded indebt
Iedness;
| Third: Fer the payment Of the es
penses of organization and the run
ming and operating expenses Of sal
Board of Commissioners of said Drain
age District, and operating the drain
age canals, bitches and machiner
owned, operated and controlled by sal