The star-progress. (Opelousas, La.) 1917-1921, 1920-02-07


S5,500.00 on January /, 1949.
100000 on January 1, 1850.
And bearing interest at the rate of
five per centum per annum, payable
semi-annually on the first day of
January and July in each year, the
several installments of interest to be
evidenced by coupons attached to said
bonds, and both principal and inter
est shall be payable in gold coin of
the United States of America of the
present standard of weight and fine
ness at the Chase National Bank in
the City of New York, State of New
York.
Said bonds shall be executed in sub
stantially the following form:
| UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
ST. LANDRY PARISH,
BAYOU WALLET AND PLAQUE
MINE DRAINAGE DISTRICT
DRAINAGE BOND
KNOW ALL MEN BY THESE
PRESENTS, That the Bayou Mallet
and Plaquemine Drainage District of
st. Landry Parish, Louisiana, for val
ne received is indebted to and hereby
promises to pay the bearer the sum of
Five Hundred Dollars, on the first
day of January 10. 49,, with interest
thereon from the date hereof at the
rate of five per centum per annum,
payable semi-annually on the first
day of January and July in each year,
on presentation and surrender of the
proper coupons hereto attached, bear
ing a fac-simile of the signature of
the secretary of the Board of Com
missioners of said Drainage District,
as they severally become due. Both
principal and interest of this bond
are payable in gold coin of the Unit
ed States of America of the present
standard of weight and fineness, at
the Chase National Bank in the City
of New York, State of New York,
and the said Drainage District is
hereby held and firmly bound, and its
faith, credit, revenue and property
are hereby pledged for the payment
of the principal and interest hereof
at maturity.
This bond is one of an issue of one
hundred and ninety bonds of like
date, tenor and effect, except as to
time of maturity, issued by the Board
of Commissioners as the governing
authority of said Drainage District,
for the purpose of dredging Bayou
Plaquemine and Mallet, constructing
drainage bitches and improving the
gravity drainage in and for said
Drainage District and the inhabitants
thereof, the title of which shall vest
in said Drainage District, under au-
thority of Section of Article 281
of the Constitution, Acts Numbered
256 and 317 of the Acts of 1910, as
amended, and a resolution duly and
regularly adopted by the Board of
Commissioners of said Drainage Dis
trict, on the sixth day Of January,
1920.
It is hereby certified, recited and
declared that the proposition to issue
said bonds and incur said debt was
voted for by majority in number
and amount of the property taxpay-
ers, qualified as electors under the
constitution and laws of the State of
Louisiana, voting at an election duly
and regularly held for that purpose,
on the 22d day of December, 1919;
tudG pIONlS1OH HAS DeCII uldu6 LUZ TIE
levy of an ad valorem tax to pay said
bonds; that all acts, conditions and
things required to be done prece-
dent to and in the issuing of bonds
have been properly done, have hap
pened, and have been performed, in
regular and due form, as required by
law, and that said indebtedness does
not exceed any statutory or consti-
tutional limitation.
IN TESTIMONY WHEREOF, we,
the undersigned, president and secre-
tary Of the Board of Commissioners
of Bayou Mallet and Plaquemine
Drainage District of st. Landry par
ish, Louisiana, being duly authorized
to execute this obligation on behalf
Of said Drainage District, have here