The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-06-21

7. 3. GOFF,
ALEX CLARK, President.
]. B. GALLOWAY,
JNO. H. DEVINE,
w. II. HEWES,
j. V. WRIGHT,
W. NJ. MCDONALD,
L. B. SAUNDERS,
w. S. CRAIG, Decretarv.
rhc following ordinance wor OF
fnrei bv Mr.. }. V. Wrigh! ana sec
or1eI by MIR. Z. 3. Saunders:
AN ORDINANCE
An ordnance authorizing the lssu,
srce OF five hundred thousand
d.ilars $500 OOO00) o. bonds OF
the Parish Of Madison, LOUISIANA;
prescIibing the form thereon ana
providing for the levy OF taxes TOT
the payment OF III? prlrclpal anu
interest of said bonds:
n.y. 81 the Parish of Madison. IN |
,c,,nIiarce with the terms OF Artlc!e
28I e the Constitution o. tn STATE
of Iouis;ara and Act 2JG or 1870. as
omcnGeJ. and acting as the governing
authority c. the Parish OF Madison.
and the Police Jury having been oar;
anth"ri.ed a. an election held IN SAID
Itch an The 10th dav of June, 1919.
hc-,t,- aurhor.Zes the mourning OF
an indeJtcdrcss Of five hundre!
thousand $500 100000 dollars OF
lid parish o. Madison f0r the pur-
nosn Of constructing and Improving
tbe rublic reads and highways III the
rcrish Of Madison, and 10 represent
said Indebtedness the said Ponce Jurg
Of the Parish OF Madison DOES mere
by authorize the issuance OF nVe gun gun
dred thousand $500 ,OO0:Oo) dollars
barad from to SOC, inclusive, of the
Denomination of 100000 each, dat
aj August 1st, 1919. bearing interest,"
II tha rate of five per cen.um toW
nov ar.,um, from date until paid, SAID
interest being PAYABLE seml-annually
on the first days Of February anG
kugnst in each wear, and each OF
sail bonds having attached thereto
sc ri-arnual coupons to represent Chs
said interest. o,D,1,rrD
INT said bonds and The intcreS'
thereon shall be payable at the TAI
iui.h State Bank, Tallulah. la, q
at the option OF the holder atz- ~
DE II FURTHER UtD.NiNtiO
That said bonds shall 30 IN suos,an
italy the following fern, t2-T:G:,
UNITED STATES or AMERICA
TTATE or LOUISIANA
PUBIC IMPROVEMENT BOND OF
THE PARISH Or MADISON
. No $4,000
,,,, The Parish OF Madison, State 6
' ~ Lol;s;a-a, fer value received, heEe5
-" promises 10 pay to bcH - or ne =
,3oy of ----19--. the SUI
ties ~ enc tbgrzand dollars ($1 10000
: o. !, ro,d coin c. the United States, @
'osi- 10 nresc,i s.ar...;-l aud weight ar
fnenesz, with interest there2r a. IL
- ~afc of five rer centua $50 n(
;ere an1ur,. ra.abc semi -arruali" on IT.
en- est Savr C February and Argus
.~tv i each wear, upon presentation ara 81
ant render of the interest coupons h?rc'
Cas- attached as the same STALL matui,
a 10Th Dri,cir.I aC! Il,"'"'; 81 ui
,unc bond avg pas $. - &: tho
val or at the optioa OF Il
thc holder at-------- of--------.
This bonG is s;iucG by the Fari'
. st re- Madison, State CT Louisiana, /
were the purpose OF constructing and II
r an proving the public r0GdS aid hi
hun WAYS within said parish unde~ and
IA Va ne Vi the aGth.r.;y conferred
, set Article 231 CT the ConsS luton
yuSes N, Slate of Louisiana ard Act 256
IN OF the General Assembly CT said Sta
: Jsi- fcr the year 1910 as amended, q,
tfis bond was srocialiv authori2
!, at st an election held il the Parish
there Madison on the 10Th day OF Jun
sent 1919, The returns CT which we
= cen duly promulgated Gil the 18th de-
'l!ars June, 1919.
n rs The debt renrcScrted by this bo
ound ard the issue Of which it forms q "a
al . I l -,
eJnst sued bv virtue of the authority CO
'orth. ferred BY the Constitution and A
?, at referred to and conforming to
there result Of an election hold b. the ~
, rem ersy tax-payers in thu Parish CT Ma
N Ut son qualified to vote at the elect
l 5and on the 10th day OF June, 1919, W
,7S0.- authorized the governing author
ropo- sf TIE Parish &C Madison to lew &c
hte~e yea" . tax sufficient on al prone
esent- situated in said Parish 20 raw
hirt- principal and interest CT said BOZ
0 00) ! in accordance with law, and it is c
above tiGel that all acts, precedent &c {
in the issuance Of this bond and
e. at the issue Of which it forms art
there order to make The SAME legal, bind
ese..t and valid obligations of !h1 parish
hg|v he Parish OF Madison, have exist
EIGHT" lave hanrered and have been =
Ior OF eormcd il dTn tive f"--'1 ~ ''-"r
forth. IS required bv law and that the
vote de5.cGaesS Of Sid Parish. lnciuH
ion Of his tc~d AID the iszue of whicl
d and forms pant, does noG exceed
S cas-, Constitutional or statutory liTlitati
We - OF indebtedness.
Il witness whereof. the Police
WAY r. of the Parish of Madison, rs
there Governing authority Ct the said
'esent- i5h, has caused this bend to be sir
= dol by tie President and Secretary
os;u3n he Police Jury of the Parish
were Madison and the corporate seal
assess aid Parish TO be hereto fixed
'ast las also caused the COUPONS he
We Sc. annexed to be signed with the
-imile signatures of said Presit
ne. al and said Secretary and this bon,
:, La. &c dated August 1st, 1919.
vote, Parish of Madiso