The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1920-09-04
LEvEE BOARD PROCEEDINGS
Tallulah, La, Aug. %, 1920
Office Board of Commission
ors Fifth la. Levee Dist.

Office Board of Commission
ers, Fifth La. Levee Dist.
The Board of Commissioners for
the Fifth Louisiana Levee District
met in special session, pursuant TO
call. and its domicile this day:
The Board being called to order
at 10 $50 a. m, the Acknowledgements
sioners answered the roll call:
F. H. Schneider, East Carroll
T. P. Kell, Pres.
r. X. Boney, Madison
G. G. Goldman, Tensas
Absent: B. F. Young, Tersas,and
III. Lambdin. end J. W. Oden. Con-
cordia.
A quorum being present. on mo-
ton minutes of the previous meeting
was dispensed with and business OF
the call was taken up and disposed
Of, as follows:
On motion of Commissioner Cold
man, seconded by Commissioner
Hamley, the following resolution was
adopted:
WHEREAS, in order to meet its
proportion of the Flood Control
allotment by the Mississippi River
Commission, to this Board of $780,
100000, for building levees jointly
in this district, it is necessary that
the Board negotiate a loan of$25O,-
900. 90, or sell the equivalent of its
unsold bonds, in order to meet this
allotment of the Commission.
Therefore, Be it Resolved, That
the President of this Board appoint
a committee, Of which he shall be 9
member, to negotiate loan or loan:
to the amount of $50, 100000, predi-
Gated on the revenues of this district
for the year 1921, and issue therefor
with interest at the rate of 6 pei
cent pen annum with any banking
institution, or individual.
Be it further Resolved, That said
Committe is hereby vested with the
authority in the event Of failure to
make said loan, to sell $25, 100000
of its unsold bonds, for not less than
theirpar value, bearing interest at the
rate Of per cent per annum, and
the President, in the event of such
sale, is authorized and directed to
have said bonds Autographed, and to
deliver to the purchaser, or purchas-
ers, upon delivery to the State Treas
urer Of Louisiana the purchase price
and accrued interest. The following
committee was appointed by ths
President, including himself: Com
missioners Boney and F. H. Schnei
der.
On motion of Commissioner Sch
neider, seconded by COMMISSIONS
Goldman, the following resolution
was adopted:
Whereas, BY authority Of Act No
az of the General Assembly Of Lou
isiana, special Session 1917, thi
Board is authorized to appropriat
such sums as may be called upon t
met the demand Of the Mississippi
River Commission, as required b,
the Flood Control Act of Congress
and
Whereas, The Commission ha
made the allotment for the seasol
192O-192f, for the Fourth Unite
States Levee District, within thi
district, and the prorata Of the allots
ment of this Board is One Hundred
Thirty-seven Thousand, Five Hun
bred Dollars, ($1S7,5OO.00).
Therefore, be it Resolved, Tha
the President Of this Board be, an
he is, hereby authorized and empov
cred to draw a warrant on the Stat
Auditor Of Louisiana, or any bank
ing institutions having funds Of thi
Board, countersigned by the Chic
Of the Board Of State Enpineers
made payable to----------------
0f-----------------, for deposi
in the said hank to the credit Of Co
Chas. L. Potter. Presidents Of tn
Mississippi River Commission, tn