The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-10-18


D. additional bonds to be Autograph,
be dated August Is, 1919, with inte
,g est payable semi-annually on Octob,
lg 10 and April Is of each year n
form of bonds was, however, specii
r, cally fixed by the Board, and tn
purchasers have requested that tn
s. Board formally approve the fori
which they have had prepared an
which is in conformitory with Act Nc
l41 of 1916. We attach copy o
IS this from. The purchasers also aske,
a that the Board adopt resolutions con
frming all the actions heretofore tax
:. en- as above set out, in order that
complete record may be readily avail
4 able.
Respectfully submitted,
Original signed)
T. P. KEEL, President
o. W. CAMPBELL, Secretary.
|; Thereupon, upon motion of Com
missioner Young, seconded by Com
missioner Rhodes, the following reso-
luton was, after discussion, unani-
mously adopted:
Resolved, That all proceedings
heretofore taken in connection with
the issuance of sale of bonds under
the provisions of Act No. l4l of
1916, as the came appear upon the
minutes CT this Board and further as
they appear from the certificate of
the president and secretary of this
Board dated October 8, 1919, spread
upon the minutes Of this meeting, be
and they are hereby approved, rati-
fed and confirmed as valid and bind
ing acts Of this Board.
Resolved further, that the $780, |
10000 of bonds of this District dated
October Is, 1917, numbered 1901 |
to 1850. inclusive, bearing interest
at the rate of 5 per cent per annum.
with semi-annual interest coupons at
tached, said interest being payable
April Is and October Is Teach wear.
the principal of the said bonds being
due in so years from date of said
bonds, with the option of the Board
OF Commissioners to pay the same
after 40 years from date thereof, be
and they are hereby recognized and
as the valid and bind
ing obligation of this Board, issued
under and in accordance with the au-
thorlty OF Act No. 141 Of 1916 of
me General Assembly of the State of
Louisiana, the proceeds of said bonds S
being hereby acknowledged to have 2
been received by this Board and ex- G
pended for levee purposes in this a
district, the said bonds having been n
ssued in the following form, to-wit v
United STATES OF AMERICA
STATE OF LOUISIANA
LUZ Number $1,000 0
HE BOARD OF COMMISSIONERS n
for the Il
FIFTH LOUISIANA LEVEE 3
DISTRICT 81
The Board of Commissioners for o
ne Fifth Louisiana Levee District g
ereby acknowledges itself indebted tc
4 the sum of fc
ONE THOUSAND DOLLARS "
mich sum the said Board of Conn.,
lissioners for the Fifth Louisiana 81
evee District promises to nav. in tt
'w1ui money Of the United States
bearer fifty years from date here. Fl
I, with interest at the rate NJ 6v.
Il centum per annum, payable semi
'nuaiiy at the Fiscal Agency of the tn
ate OF Louisiana at New Orleans tn
at the office Of the State Treas. a
er at Baton Rouge, Louisiana. on of
e Fifteenth day of April and Octo. St
r In each year on presentation and ap
render at or after maturity, of cei
interest coupons hereto attached be
This is one of a series of two HIM tn,
ed and fifty bonds of One Tbou.- sic
u Doiiars each, numbered consecu. ye'
ely from one thousand and one IN Of
e thousand two hundred and fiftv toe
On inclusive, issued under the an. the
'rity and in accordance with III. sur
DIVISIONS OF Article No. S3s of the pc,
Of the State Of Lou;.;. the
a Of the year 1898, and Of Act gus
= i4l Of the Legislature Of the sur
'te of Louisiana, approved Julv cou
!, 1916. '' the
inis bond to become due in f;ftv pril
'sr from date hereof and to be pay
,aoie at the option of said Board Sta
commissioners in forty years from stal
date hereof, as provided in Sec the
one OF said Act No. 141 of 1916 Sta
which Act is hereby constituted age
art of the contract between this New
'rd and any future holder of this I
cation. ' tho,
n witness whereof, the Board Of 90,
hmissioners for the Fifth Lou;s;- Act
Levee District have caused tbei, islat
'orate seal to be hereunto affixed the
these presents to be signed NV und
PRESIDENT and countersigned bv mou
Secretary of said Board ,h;s bono
eenth dav ~ O...I - and