New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1919-06-07

of Forty-Five Thousand Dollars, ($45-
100000, of bonds of Road District No
Eight 80 of the Parish of Iberia, pre-
. scribing the form thereof and providing
for the levy of taxes for the payment OF
the principal and interest of said bonds
i Whereas, according to the returns OF
ia special election held in Road District
No. Eight 81 of the Parish of Iberia
Louisiana, on the goth day of May 1912
under the authority granted by the terms
of said election, the Police Jury of the
Parish of Iberia, as the governing author
ity of Road District No. Eight (8rof the
Parish of Iberia, was authorized to incur
! debt and issue road bonds to the amount
of FortyFive Thousand ($45 100000 Dol
! lars, and
Whereas, the Assessor of the Parish Of
Iberia has certified that the assessed val
uation of all property of Road District
No. Eight 60 of the Parish of iberia 1or
the year 1913 for Parish purposes az
gregates $565, 035.0O, and a bond issue
representing an indebtedness of $45 900 90
| is less han ten per cent of the assessed
valuation of the taxable property of Road
District No. Eight 90 of the Parish Of
iberia as assessed for Parish taxation:
| Therefore, Be It Ordained, by the Po-
lice Jury of the Parish of IBERIA in COM
pliance with the terms of Article 281 Of
the Constitution of the State of Louisiana
and Act 256 of the General Assembly of
1910, as amended, and acting as the gov
erning authority of Road District No
Eight 81 of the Parish of Iberia, and the
d.. Ill.
at an election held in said Road District
on the 10th day of May 1919, hereby au-
thorizes the mourning of an indebtedness
of FortyFive Thousand Dollars, ($45,-
00O00), of said Road District No. Eight
81 of the Parish of Iberia for the pur-
pose of constructing and improving pub
lie roads and highways in Road District
No. Eight 90 of the Parish of iberia and
to represent the said indebtedness the
said Police Jury, acting as the governing
authority of Road District No. Eight Is,
of the Parish of iberia, does hereby au-
thorize the issuance of $45 10000 of Road
Bonds of said Road District No. Eight
49,, numbered one o. to ninety 900
inclusive, of the denomination of Five
Hundred ($5O0.0O Dollars each, dated
August LIST, 1919, bearing interest at the
rate of five per centum IS p. CO. per an
mum from date until paid, said interest
being payable semi-annually on the first
days of February and August in each year,
and each of said bonds having attached
thereto semi-annual coupons to represent
the said interest. s
Be It Further Ordained, That said
bonds and the interest thereon shall De-
payable at the --of--,or at
the option of the holder at the---
of New York City.
Be 1t Further Ordained, That said
bonds shall be in substantially the fol-
lowing form, to-wit:
United States of America, Stste-of Lou
isiana, Parish of Iberia.
No. .-.--. $5Oono
Public Improvement Bond of Road Dis
trict No. Eight (8) of the Parish of
Iberia, State of Louisiana.
Road District No. Eight (8) of the
Parish of Iberia, State of Louisiana, for
,alue received, hereby promises to pay
TO bearer on the ---day of-----
Lo- the sum of Five Hundred Dollars,
($5QQ.OOl, in Gold Coin of the United
States Of America, Of the present STAN
lard weight and fineness, with Interest
thereon at the rate Of five per centum
IS p c.) per annum from date hereof
PAYABLE semi-annually on the first days
If February and August in each year,
upon the presentation and surrender Of
he interest coupons hereto attached as
he same shall mature, both principal aad
interest of this bond are payable at the
or at the option Ct