Bogalusa enterprise and American. (Bogalusa, La.) 1918-19??, 1919-11-13
ORDINANCE NO. III

pd and SeVenty1Ve thousand (S275 000O0) Dollars of
d of the City OF Bogausa, prescribing the form there
and providing for the levy of taxes for the payment of
n principal and interest Of said bonds
Whereas according to the returns of election held
fe City Of Bogausa the 21st day of October 1919
rr the authority granted by the terms of said election
n Commission Council Of the City of Bogalusa as the
veng authority of said city, was authorized to incur
t on behalf Of and in the Of the City Of Boga
. ma in the amount of Two Hundred and Seventy-five
thousand ($2750 OO0O) Dollars and to issue and sell
gial negotiable sem-annual nterest-bearing coupon
y lands evidencing the said indebtedness; and
Whereas, the said Two Hundred and Seventy-five
opsand (S2750 0000) Dollars of bonds were author
a to be issued in accordance with the terms of four
opostions, numbered from to four, inclusive sub
d to the property taxpayers qualified to vote under
~ Constitution and Laws of the State of Louisiana at
eaa election held in the City of Bogausa on the 21st
y Of October 1919 each of the said four propositions
having been voted upon separately and each having
ia as shown by the process verbal of the canvass of the
mites east at the said special election of date October g.
9 and which said four propositions are the following
RWft
PROPOSITION NO. ONE (1).-To incur debt and
issue bonds Of the City of Bogalusa in the amount OF One
Hundred and Twenty-Five Thousand ($125, 100000 Dol
g said bonds to run twenty-five years from their date
and to bear interest at the rate Of five per centum 5
~ annun payable semi-annuay, the proceeds OF said
bonds to be used in paving and improving streets, roads
md alleys within the City Of Bogalusa.
PROPOSITION NO. TWO (2).-To incur debt and
Hundred and Twenty-Five Thousand ($125OOO.OO Dol
m said bonds to run twenty-five years from their date
and to bear interest at the rate Of five per centum too
r annum payable semi-annuay, the proceeds OF said
bonds to be used in constructing systems OF water works
and sewerage within the City of Bogalusa.
PROPOSITION NO. THREE (3).-To incur debt
ana issue bonds Of the City Of Bogausa in the amount OF
Ten thousand (S10O0O00) Dollars, said bonds to run
twenty-five years from their date and to bear interest at
the rate of five per centum (59o) per annum, payable
cofc h071dc f0 hn IN
constructing and equipping to the City Hall and
Jail Of the City of Bogalusa.
PROPOSITION NO. FOUR (4).-To incur debt and
e bonds of the City of Bogalusa in the amount of Fiji
teen Thousand (S15, O0O0O) Dollars, said bonds to run
twenty-five years from their date and to bear interest att
The rate of five per centum (59) per annn, payablel
uiannuay the proceeds of said bonds to be used in
ssructng and equpping annex to the fire depart
nent building Of the City of Bogalusa.
And whereas the Assessor of the Parish of Washing
ton has certified that the assessed valuation of all prop
ETY. Of the City of Bogalusa for the year 1913 aggregates
N450O0O and bond issue representing an indebted
ness SITS 100000 together with the outstanding bonded
Indebtedness of said city, amounting to 2O35OOOO, Isl
less than 10 per cent of the assessed valuation OF the tax
ABLE property of said city:
Therefore, be it ordained by the Commission Coun-
81 OF the City of Bogalusa in compliance with the terms
Article 281 Of the Constitution of the State OF Louls
ana and Act ESQ of the General Assembly OF the State OF
louisiana for the year 1870 as amended, and acting asl
a governing authority of the City of Bogausa and the
ad Commission Council having been duly authorized a
election held in the City of Bogalusa the 21st day
October 1919 hereby authorizes the mourning Of an
Indebtedness of Two Hundred and Seventy-five Thou
and 1925 100000 Dollars of the City of Bogausa, and
o the purpose of paving and improving streets roads
and alleys within the City of Bogausa, and for thet
purpose Of constructing systems Of water works and
sewerage within the City of Bogalusa, and for the
purpose Of constructing and equppng an annex to the
wv Hall and Jail of the City of Bogalusa and Tor the
purpose of constructing and equpping an annex 70 the
TIE department building of the City Of Bogausa, and to
Rpesent said Indebtedness the Commission Council OF
re City Of Bogausa does hereby authorize the issuance
y. Two Hundred and Seventy-fve Thousand (S2l9-
o0OO) Dollars of bonds of the said City of Bogalusa
numbered from one to two hundred and seventyye m
snv Of the denomination of One Thousand Isl 0OOOOl
collars each dated December 1st, 1919, bearing interest
4lne rate of five per centu per annum, from date