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

trict, and for the holding of an cleo
tion therefor.
Whereas, it is the opinion Of the
Board of Commissioners of said Bell
City Drainage District No. One that it
is necessary that the said Drainage
District be authorized to create
bonded Indebtedness of One hundred
and thirty-five thousand $135,000.0O)
Dollars, to be represented by two
hundred and seventy (27O) bonds of
Five hundred ($5OO.OO) Dollars each,
to be issued by the said Board of Com
missioners of Bell City Drainage Dist
riot No. One, to bear interest at the
rate of five (5) per cent per annum,
payable semi-annually. maturing at
such dates as may be fixed by the
Beard of Commissioners of said Drain
age District, at the time of or prior to
the issuance of the same, and also
that in order to secure the payment OF
such bonds, together with the interest
thereon, and additional funds with
which to enable said Bell City Drain
age District No. One to procure the
necessary dredging machinery, rights
of way, canals and improvements and
to properly and sufficiently drain the
land comprised within said District,
that it is necessary that special an
nual tax of sixteen cents per acre as
authorized, by Article PSI of the Con-
stitution s0f the State Of Louisiana,
adopted November 22nd, 1913, as
amended, by levying upon the acreage
property comprised within. the limits
of said Bell City Drainage District No
One, for period of thirty years, COM
mencing with the year 1920, and end
ing with the year 1919, both inclusive;
Section One. Be it Ordained by the
Board of Commissioners of Bell City
Damage District No. One, that spec
ial annual tax of sixteen (16cJ cents
per acre, as authorized by the Con
stitution of the State Of Louisiana, ap-
proved November END, 1918, as amend.
ed be levied on all property comprised
within the limits Of said Bell City
Drainage District No. One for period
of thirty years, commencing with the
year 1920 and ending with the year
1949, both inclusive, and the funds de-
rived from said tax shall be USED ex-
clusiyely:
First: To the liquidation and ex-
tinction of such bonded Indebtedness;
Second: For paying the expenses Of
organizing and running and operating
expenses of the Board of Commission
ers of said Drainage District, and the
operation of drainage canals, bitches
and machinery, owned and controlled
by the said Drainage District, the tile
to which shall be vested in the said
Drainage District;
Third: To provide for sucl addition
al work of extension of canals, bitches
or drainage conduits as in the iudg-
ment of said Board of Commissioners
may be necessary and proper eco
nomically to drain the property includ-
ed within the limits thereof;
Fourth: To paying the interest up
on said bonded Indebtedness.
Section Two. Be it Further Or
dained, etc, That said Board ri Com
missioners of Bell City Drainage Dist
riot No. One, do hereby submit to the
qualified voters of Bell City Drainage
District No. One, for their APPROVAL and
ratification, the creation of bonded
| Indebtedness and issuance of bonds in
me sun, of One hundred and thirty.
five thousand ($135, 000.00) p)llars as
aforesaid. and the levying Of special
annual taA of sixteen ceEtS per aero
,:;,oH all # Up GLrs. ge prHpert IRA
ed within the limits of said Bell City
Drainage District No. One, for period
of thirty years, commencing with the
year 1920 and ending with the year
1949, both inclusive, said election to
be held at the office of the North
American Land and Timber Company
Limited, at Bell City, Louisiana, on
Tuesday, January 18th, 1920, the polls
to be opened at seven o'clock a. m.
and to close at five o'clock p. H., al
which election there shall be submit.
ted to the qualified electors the above
proposition in the following words, to
wit:
FOR THE LEvYING OF AN ACRE
AGE TAX:
4 Proposition to levy an! - -
acreage tax of sixteen cents
Il (16c) per acre per annum on
all acreage property subject
to State taxation in'Bell City
Drainage District No. One YES
for a period of thirty years,
for the purpose of draining
the property within said
e hnI