The weekly Iberian. (New Iberia, La.) 1894-1946, 1919-11-01
ORDINANCE NO. $50


Main street to the Corporate lin
its; Center street from Main street
to Corporate limits; Bridge street
from City bridge to Duperier Ave.
and Duperier Ave. from Bridge
street TO corporate limits.
Whereas the Board of Trustees
of the City of New Iberia in Iberia
Parish, Louisiana has provided fol-
the paving of Iberia street, from
Main street to Corporate limits;
Center street from Main street to
Corporate limits; Bridge street
from City Bridge to Duperier Av
enue, and Duperier Avenue from
Bridge street TO corporate limits,
after notice of it's intention so to
do had been published in the Off.
cial journal Of the City as required
by the Charter of the City; and,
Whereas the Trustee of Public Safe
ty Mayor has furnished the Board
Of Trustees and Trustee of Finance OF
the cost of paving the above mentioned
streets to be executed during the sue
ceeding year. which estimate OF cost
amounts to $l2949S, 30 and which esti-
mate embraces the names of all prop
erty owners to be assessed and brief
description of each property for the
purpose of Identification. Now there
tore: Be it ordained by the Board of
fTYt1c fan IF Nftu nT Nnw Thnrfa
that for the purpose of paying the
cost of paving Iberia street from Main
street to the corporate limits: Bridge
street from the City Bridge to Du-
perier Ave-; and Duperier Avenue
from Bridge street to the corporate
limits. there be issued paving certifi-
Gates of the City of New Iberia to the
amount of $l2949S 80. Said issue shall
consist of l25 certificates of the demo-
minatIon of $l000.O 90 each, and 10 GER
tificates of the denomination Of $449.-
SO. each numbered consecutivelv from
l to 135 inclusive, dated as the 1st day
OF January 1919, and shall mature and
become due and payable S12949.83 on
January LIST. 1921, and $12949 SO on Jan
uary lst each year thereafter to and
including January 1880, The City
may however. on said dates redeem
greater amount of said Certificates,
provided notice of it's intention so to
do shall have been published in the
official journal of the City once a
week for four weeks during the month
OF the preceding November.
Said paving certificates shall be pay
able to bearer. and shall bear interest
at the rate of five per centum per an
mum, payable semi-annually on the
first day Of January and Jnly in each
year, the several installments of inter-
est to be evidenced by detachable
attached to said certificates.
and both principal and interest shall
be payable at the Office of the Treas
1rer of said City in New Iberia, Lou
slana.
Said certificates shall be neatly en-
yraved or printed and numbered and
shall be in substantially the following
'orm:-
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
PARISH OF IBERIA,
CITY OF NEW IBERIA,
Paving Certificate of the year 1919.
No. $1,000 90
Know all men by these presents:
That the City of New Iberia, in Iberia |
Parish, Louisiana, acknowledge itself |
o owe, and for value received, hereby |
promises to pay to bearer One Thou
'and Dollars. lawful money of the |
United States of America, on the LIST |
lay of January 1921, with interest |
hereon from the date hereof until |
,aid at the rate OF per centum per
mum, payable semiannually on the
st day Of January and July in each
ear, on presentation and surrender
# the annexed interest coupons, bear
ng fac-simile of the signature of
he Trustee of Public Safety Mayor
S they severally become due. Both
principal and interest of this certiti
ate are payable at the Office Of the
treasurer of said City in New Iberia,
louisiana, and for the payment of the
principal and interest hereof as the
anne shall become due the full faith,
redit and resources of said City are
ereby irrevocably pledged.
The City of New Iberia reserves the
light to redeem this certificate at par
n January LIST, 1921. or on the LIST day
t January in any year thereafter,
rovided notice Of its intention so to
0 shall have been PUBLISHED in the Of
cial journal of the City once a week
>r four weeks during the month of
1e preceding November.
This certificate is one of a series of !
aving certificates of the City of New
IBERIA, issued for the year 1919, pursu.
ut to the Charter of said City, and
rdinance No. 160 passed by the |
oard of Trustees of said city on the
9TH day of April to pay the cost of
aving iberia street, from Main street /
, Corporate limits; Center street
ON Main street to corporate limits,
ridge street from the City bridge to
uperier Avenue and Duperier Av.
Tue from Bridge street to Corporate !
mits.
1t is hereby certified. recited and
eclared that all acts, conditions and G
Iings required to be done precedent .
and in the issue of this certificate y
ave been done. have happened. and I
ave been performed, in regular and
&c AoAm tudG III 10 tnc r.
her resources provided for the pay
ent hereof the City of New Iberia !,
i'll, in due time. manner and season n
use to be levied special benefit as y
ssment against the property situated y
thin the corporate limits of said
ty and benefited by the improve T
ents to pay the cost of which this \
rtifieate is issued. in sum not less +
an the aggregate of the certificates n
this series. all of which asaess-