The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1919-12-20

levy of al a1valorem tex ana the Is
suance CT bonds based thereon
Appro"pd ct the domicilo # Bell
CITY Dr?inage District No. One, on =
this the SD day Of December, 1919.
II. \. FONTENOT.
President.
THOMAS con,
Secretary,
The chai,ma called fHr vote up
on the adoption Of said Ordln'hce'
which resulted in:
Ycaas, Five.
Nays. None.
Whercupcn he declared the Onlin-
ance duly adopted.
Commissioner Parent moved, Secon'
ded by Commissioner Harris. tAat the
following Ordinance be adopt d,
authorizing the creation Of a bonded
Indebtedness in the sum OF Ninety
thousand ($9OO00.0Ol Dollars, to run
for period Of twenty-five years, to De |
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 advalorem tax on all
property within said District, subject
to taxation, and the creation of bond
ed Indebtedness of Ninety thousand
$3.50, O0O00l 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 1t is
necessary that said Drainage District
be authorized to create bonded IN
ldebtedness in the sum of Ninety
thousand ($9O,O000O) Dollars to be
represented by one hundred and eighty
(1S0) bonds of Five hundred ($5O0.00l
Dollars each, to be issued by sald
Board of Commissioners, to bear In
lterest at the rate of five per cent per
\ annum, payable semi-annually, matur-
ling at such dates as may be fixed by
the said Board of Commissioners OF
Bell City Drainage District No. One,
at the time of or prior to the issuance
lof same, and also in order to procure
the payment of said bonds, together
with the interest thereon, and an ad-
ditional fupd with which to enable
; said Bell City Drainage District NO
One to procure the necessary dredg
J ling machinery, rights of way and i'm
provements to properly and sufficiently
/. drain the land comprised within said
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 ter
= mills on the dollar, per annum, on al
: property within said District, subject
2 to State taxation, as authorized D!
e Article PSI of the Constitution of the
! State of Louisiana, as adopted Novem
] Der 22nd, 1918, and amendments there
L of, be levied on all property comprised
= within the limits of said Bell Cit!
s Drainage District No. One, for periot
j Of twenty-five years, commencing will
y the year 1920, and ending with thu
Iyear 1914, both inclusive.
y Section One. Be 1t Ordained by thu
board of Commissioners of Bell Cit,
e Drainage District No. One, that SAT-
r ladvalorem tax of such amount as ma,
O be fixed by the Board of Commission
h ers from year to year,not to exceed
7, ten mills on the dollar, as authorize
n by Article 2S1 of the Constitution O
Is the State of Louisiana, adopted o.
:, November 22nd, 1913, as amended, b
It levied on all property subject to Stat
t. taxation, comprised within the limit
'e of said Bell City Drainage District M
O. One, for period of twenty-five years
commencing with the year 1920, an
z. ending with the year 1914, both il
elusive, and the funds derived trol
! | said advalorem tax shall be used e'
clusively as follows:
First: To the liquidation and g,
tinction of said bonded Indebtedness
Second: For the purpose of payir
1.-THE interest upon said bonded indeh
edness;
Third: Fer the payment Of the e
penses of organization and the ru
ming and operating expenses OF sa
i Board of Commissioners OF said Drai
age District, and operating the drai
age canals, bitches and machine
owned, operated and controlled by So
drainage district, the title to viii
shall be vested in said drainage dis
riot;
Fourth. To providing all such VIC
of extending said canals, bitches
- drain conduits as in the judgment
said Board of Commissioners may
necessary and proper economically
the drain the property included within
dot limits thereof
are Section Two. Be it Further Orda
INST ed, etc, That the said Board of Co
ord missioners of Bell City Drainage Di
riot No. One, do hereby submit to
5 qualified voters of said Bell G
Drainage District No. One for tn
approyal and ratification, the Great
of bonded Indebtedness and issual
of bonds in the sum of Ninety tho
and ($90,OOO.OO) Dollars, as azores;
and the leyying annually by 5
Board of Commissioners of an ann
advalorem tax, in such amount as n
be necessary from year to year,
exceeding ten mills on the dollar,
all property subject to State taxat
coated within the limits of said
- City Drainage District No. One, 70
period of twenty-five years, CONNIE
ing with the year 1920,and ending "
the year 1914, both inclusive, said e.
) 4 tion to be held at the Office of
North American Land & Timber G.
pany, Limited, at Bell City, Louisis
within said District, on Tuesday, ,
uary 18th, 1920, the polls to be ope
at seven o'clock a. M, and closed
five o'clock p. M, at which cleo