The Madison journal., 1919-07-19

,-o.i-,er tta result CT the spec.al elec-
+for held il the Village of Taliui"h on
JuIy 9Th. 1919 and that the saiu
reclamation and Process verbal Oh
tha counting and canvass OF the votes
ca-t IT tn, sDecial election on & Su,g
9th 1919 be duiv nuDhSnei aC0oi 49,
70 law in. the official Jou ;nai u ~
ViIlace of Tal!1lah and thaC q cI
cf said pIoces verbal be feT0rushI df Of
| the Mortgage records OF lhe l Al p,- ,ali =" |
) Madison and copy OF said IIo'ofs
1 verbal be sent tC the SGc!etal
! State to be recorded py hiLh III
cordarce with law. nc
The vote on this ordnance "''' ."
l'ilTms: Yeas: W. S. Craig, W. L. Darr0w'
and w. F. Coitharp.
Nays: None. ,,oo,
adopted. VII
: lace of Tallulah, do hereby certuE
tbst the above and foregoing Incee
naras constitute Z True and CorrecI
cnnv of the Minutes of the spec,ai
meeting OF the Mavor and Beard o.
Aldermen cf the Village of Talulah
, held on July 10th, 1919; c,
: E. A. BEERS, Clerk.
Tallulah, La. Juiv 10, I9l9'
ORDINANCE
; Bv Mr.. w. L. Darrow, seconded Dy
! Mr.. w. S. Craig:
WHEREAS, on the Sth day OF Ju'Y
, 1919. a special --+ion was held n
u the Village of Tallulah. Louisiana, tt
s ascertain the wishes OF the property
l. tax-rayers OF the Village Of Taliulai
'e concerning the incurring of debt ant
issuing of bonds tc the amount @
Forty Thousand Dollars (S40,O0O.Oo
nv the Village of Tallulah for m
-, purpose of paving and improving IN
~ streets and roads and alleys IN Tn
= Village of Tal!ulah and Tor purchaS
~ ing and constructing a system {
:; Water works and system OF klgn'
,io in and for the said Village or Tan;
- Ian. and
II III WHEREAS, It has been ascertain
-h' ed bv the canvass of the votes cast
= the said Special Election, as made I
nc the Mavor and Board of Aldermen I
NJ IA, Village of TailUlah, its govecrlF
ru y; authority that the property taX-oa.
II II ers Of said Village voting ct said e!c
tion authorized the governing auCho
VS.: itv of the Village OF Tal,ulah to i
lIS cur deb, and issue bonds to |!
an arYount OF Fcrty Thousand dOllo
b. (S4O,OOO.O0) for sthe purposes
HI7 forth. and -.
Ot WHEREAS, The assessed valuati
ioI Of the property In the Village of L
iUIah, subject TO taxation, rs sh0'
~ bv the certificate of the Assessor
~ the Parish OF Madison, is $406 $40.
II fer the year 1913, the last comnl'
laii III rolls on file, and which amount
SOC OF It's actral cash valuation, .
'a therefore an indebtedness and &c
o. issue of FCrty thousand dollars "a
cpt coo OO) is less than 1910 of the
iole gessed valuation Of the property
~ AZ the Village of Tallulah, subject
80 taxation,
I'VE BE IT ORDAINED, by the Ma
,oi,i I and Board Of Aldermen Of the
a.u9 lage of Tallulah, acting as thA 6
- " erning authority of the Village
sun sun Talluiah that in compliance with
~ result of the aforesaid spcciGi c
III tion on June Sth. 1919, and IN
siu suance of the terms of Article
III III OF the Constitution of louisiana
t3oS H Act 256 of the General Assembly
'aUII the State OF Louisiana for the
I az, 1910, as amended, the said cover,
~ ~ authority does hereby on behalf
w and in the name of the Village
VIZ Tallalah, incur an indebtedness
IL u Forty thousand dollars (Si0,00Q
.oro for the purpose Of paving and imr
% S ~ ing the streets and roads and a
= Al ~ in the Village of Tallulah and fo:
: WI purpose cf purchasing and const1
-; ing n system of Water-works a
80. ;'ai.-r system of lights in and for the vi
, "a OF Tallulah, GId to represent the
"'-O Indebtedness the Village of Tai
ouo4- through its aforesaid governing
e'-io5 5 thority does herebv authorize d
s";J suance OF Eighty $50 Bonds,
soy bered from Nne % 10 Eighty
inclusive, of the denomination of
hundred dollars each, aggreg
ieu Forty thousand dollars $4,000
~ ilS VI each Cf said bonds to be dated
* rr.I tember 1st, 1919 and 70 bear int
"a a. the rate of Five per centum
~ - per annun from date thereof
~! ~ ~ Oaid, said interest to be payable
49, 49, annually on the First cay of !
i. ~ and the First dav OF SepSerb
y ses each year, and each OF said Dor
i have attached thereto semi-anru
= 80 terest coupons to represent thS
= AZ interest.
- ar Az And that the principal and in
80, ' Of said bonds shall be PAYABLE q
/, -. - laAk or banks as the purchase
- a., designate.
~ -, 'Hv y, And that the Form OF said
l.. "a on n ;hali be substantially as fcllc
y N Srn UNITED STATES Or AME
610n = IN STATE Or LoUISIAN.
-Si-- -; PARISH OF MADISON
g tha The VILLICE or TALLI
~ -, ih Parish CT Madison, State of !
y 10, ~. ara, fer FalU Received,
:, :, go 49, promises TO pay to Bearer CT
u tember /. 10. the sum Of Fiv,
: ,aiE ill., ~ dred Dollars (S50o.00) in Col,
S'i cf the United States of Amer
0S' ' the present standard cf coinagt
:. 1o.b interest thereon at the rate O
= per centum (5T) per annun
i'"'' IA the date hereof. payable semi-a
" or the first dav Of March a
irst day of September OF eacl
upon the presentation and sur
of the coupons hereto attacf
.;o coz The same shall mature.
's' he principal and Interest
o,o, or bod are payable az Tallulah
sbv an Bank in Tallulah, La. or at the
:s',,,e If the holder at IN -