The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1919-08-28

. !, upoh ny the Mayor and tht
me purchaser Of said bonds, at the
option OF the holders Of said bonds
md coupons; and said bonds shall no
signed by the Mayor Of the Town of
Arcadia, and shall be attested by the
Clerk OF the Board of Aldermen Of
said Town, provided, that the interest
coupons may be authenticated BIZ the
facsimile signatures Of said Mayor and
Clerk. Said bonds and coupons shall
be IN substantially the following form:
UNITED STATES OF AMERICA
, STATE or LOUISIANA
Parish Of Bienvllle
Town Of Arcadia :
ELECTRIC LIGHT AND WATER,
WORKS BONDS
(2nd Series)
No'"..""" $4,000
KNOW ALL MEN BY THESE
PRESENTS, That the Town Of Arcad |
Ia, In the Parish Of Rienville, State
OF Louisiana, Is indebted, and, for val |
ue received, hereby promises to pay |
to BEARER Five Hundred (S5OO.OO) |
Dollars lawful money of the United
States of America, on the first day of
February, ID, withinterest there.
on at the rate of five per cent. pc
annum from date hereof until paif
payable semi-annually, Oh the first
days Of February and August, Oh pre-.
sentation and surrender of the annexed
coupons bearing facsimiles of the
signatures Of the Mayor Of said Town
and Clerk of the Board of Aldermen
of said Town, as they seyerally become
due. Both principal and interest of
this bond are due and payable at the
office Of the Treasurer Of the Town
Of Arcadia at Arcadia, Louisiana, or
at the (name Of bank and address) at
the option of the holder Of this bone
and of the several interest coupons.
This bond is one Of a series Of Forty
(4O) bonds Of like date, tenor and ef.
feet, except as to maturity, issued by
the Town OF Arcadia, State Of Louis
lana, for the purpose of purchasing
and constructing a waterwOrks and
electric light system in and for til
Town of Arcadia, under and in full
compliance with the Constitution ant
Laws Of the State of Louisiana, ana
especially Article 2S1 of the Constitu.
ton, Act 191 of 1915, adopted as ali
amendment to the Constitution at tn
General Congressional Election held ii
November, 1918, and Act 96 Of 1916
and ordinances duly and regularly
adopted by the Mayor and Board OF
Aldermen of said Town on the 18th
day of July, 1919, and on the 9Th day
Of August, 1910, and said Town is
hereby held and firmly bound and its
full faith and credit are hereby pledg
ed for the payment of principal and in
terest thereof at maturity.
1t is hereby certified, recitel and de
clared that ample provision for tn,
payment of principal and interest here
: of has been made ny the Mayor ant
Board of Aldermen Of said Town fund
ing, setting aside and dcdicating fo
such payment, the avails Of three an,
/! three-eighths mills Of the general fiv
mill tax levied and to be levied in all,
for the said Town for each of tn
years 1919 to 1923, both inclusive, an,
s that all acts, things and conditions re
quired to be done, precedent to and i
the issuance of this bond, have bee
I properly done, have happened, and hay
4 been performed, and that the indebted
r ness Of said town does not exceed an
: constitutional or statutory limitation.
= IN TESTIMONY WHEREOF, W,
the undersigned Mayor Of said Tow
n Of Arcadia, State Of Louisiana, an
Clerk Of the Board Of Aldermen {
!, said Town, being duly authorized
! execute this obligation OH behalf
y said town, have hereunto set our sign'
y tures and affixed the official seal (
" said Town on this the first day of Fe
!. ruary, 1910.
" Il. II. FISHER, Mayor Protein.
!. Attest:
" LEO DANIEL, Clerk.
n (Form Of Coupon