The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1920-09-18

and in the name of Road District No
Three of the Parish of St. Charles, to in
chr debt and issue bonds of said Roa,
District No. Three of the Parish of St
Charles to tie amount of Fifteen thou
sa nd dollars ISIS, 900. 00); and
Whereas, the assessed valuation Of tn
property in said Road District No. Thr =
of the Parish of St. Charles subject to tax
alton, for Parish purposes, according t
the Assessment Rolls Of the Parish o
St. Charles for the year 1919. the last com
pleted Roll on file, is Five million eigh
hundred seventy eight thousand five hun
bred seven and no 100 Dollar.
!, (S5, $40, 507 J, and therefore an indebted
nees and bond issue of Fifteen.thousanc
Dollars SIS, 10000 as authorized by the
Special Election on Aug. 18th, 1920 in
said Road.District No 8, together with
t he previously authorized hond issues O.
One hundred ten thousand dollars
Sl1O, O00.0 co On July Ia, 1914, and Fort,
thousand dollars $40, 900 90 authorized on
April q, 1919, do not exceed Ten per
centum of the assessed valuation for Pa
ish purposes of the property i'll the said
Road District No. Three.
THEREFORE, BET ORDAINED by
the Police Jury of the Parish of St.
Charles acting as the governing authori-
y of Road District No. Three of the Pa
rish of st. Charles, that in accordance
with the authority conferred by the afore-
said special election in Road District No.
Three OH Aug II, 1920, and i'll pursuance
of the authority granted by Article 2Sl of
the Constitution of Louisiana and the laws
of the State of Louisiana, it boes hereby
i'll the name of and OH behalf of Road Dis
trict No. Three 80 of the Parish Of St.
Charles incur an additional Indebtedness
of Fifteen thousand dollars SIS 10000,
for the purpose of constructing and i'm
proving the. public roads and highways
in Road District No. 8 of the Parish of
St. Charles. Aud to represent the.said in
debtedness. the Police Jury OF the Parish
of St. Charles, acting as the Governing
Authority of Road District No. Three of
the Parish of St. Charles, does hereby
authorize the issuance of Thirty (3O) ne
gotiable coupons bonds, numbered from
One to THIRTY inclusive, of rhe denomi-
nation of Five hundred dollars (S5OO. OO)
each, aggregating Fifteen thousand dol
lars ISIS, 900. O0); said. bonds to be dated
October first, 1920. and to bear interest
at the rate of Five per centum per annum
from their date until paid said interest
70 be payable semi-an nually on the first
days of April and October of each and
every year as long as any of said bonds
Ire outstanding, and each and every one
IF said bonds shall have attached thereto
'eni- annual interest coupons to represent
he said interest, which coupons shall
Dear the facsimile signatures of the Presi-
lent and the Secretary of the Police Jury. |
That the said bonds and the interest
thereofsshall be payable at such
,ank or banks as. may be mutually agreed |
N by the Police Jury and the purchaser
If the bonds.
That the form of said bonds shall be I
as follows:
UNITED STATES OF AMERICA
STATE OF LOUISIANA
PARISH OF SAINT CHARLES
No. $500. 90
PUBIC IMPROVEMENT BOND OF
ROAD DISTRICT NO. THREE OF
THE PARISH OF ST. CHARLES
STATE. OF LOUISIANA l.
Road District No. Three (3) of the Pa
'ist of St. Charles State of Louisiana,
Or value received thereby promises to,
'ay to BEARER, on October first. l9
he SUM of FIVE HUNDRED DOLLARS
$5OO.OO) in gold coin of the United
tates of America of the present stand
I'd of coinage, with interest thereon at
lie rate of Five per centum per annum
rom October first, 1870 unti! paid, pay
BILE semi-annually on the FIRST days of
.pril and October of each year upon the )
and surrender Of the cou-
ons hereto, attached, assthc same shall 4
nature. ~
The principal and interest Of this bond
re payable at =.
r at the option Of the holder at -
This Bond issue of series of Thirty
D Bonds of the denomination of Five {
undred dollars $sO0 90 each, numbered
ON Une to Thirty inclusive, issued by
Dad District No. Three ofthe Parish of
I. Charles State of Louisiana, tor the J.
urpose of constructing and improving ]
lie public roads and highways in Road
district No. Three ) of the Parish of st.