The Era-leader. [volume] (Franklinton, La.) 1910-current, 1920-07-15
Town Ordinance.
Office of Mayor,
Town Of Franklinton, La.
lime. 18th, 1920.

no,rn Of Frankinton, La, held on the e
above date, to wit; the 18th day OF F
Of June, 1920, at which meeting the t
following were present; c. j. Gayer,
MAYOR, Z. L. Magee, P. E. Greenlaw,
q r. Monk, j. Adolph Pierce and
n A. Carter, Aldermen, absent, none,
and at which meeting, Alderman,
r. Z. Magee offered certain ordinance
and moved it's adoption, and there
,non Alderman j, Adolph Pierce Sec
ended the motion to adopt said ordi-
nance, and the said motion being then
and there being put TO vote OF the
ayes ana nays and the roll being call
ed. the vote stood as follows
For the ordinance; Aldermen Magee,
Garter, Pierce, Monk and Greenlaw.
Against said ordinance; none
Which ordinance is in the words
and figures as follows
ORDINANCE NJ "@~~-~"
OF The Town Of Franklinton, La.
An ordinance proposing to incur
debt and issue bonds OF the Town OF
Franklinton in the parish OF Wash
ington, State of Louisiana, for GER
tain purposes and ordering special
election for the purpose of submitting
to the property taxpayers OF said
Town, the proposition for said pur-
pose.
Section |,
Be it ordained by the Mayor and
Board of Aldermen of the Town OF
Franklinton, Parish of Washington,
State of Louisiana, that it is neces-
sary to incur debt by the said Town
of Franklinton at the rate, in the
amounts and for the purposes herein
after mentioned and appearing in the
proposition hereinafter set forth.
Section 2.
he 1t further ordained, that q spe'
cial election be and the same is here
bycalled and ordered to be held in
said Town on the 3rd day of August,
1890, between the hours of 7 A. M. AND
5P. M.
Section B.,
Be 1t further ordained, that at sale
special election there shall be submit
ted to the taxpaying electors qualified
to vnte under the constitution ant
laws OF the State of Louisiana, tn
following proposition:
Proposition For Water Plant Bonds
TO incur debt and issue and sell nego
table annual interest bearing coupon
bonds of the said Town to the amour
ofThirty-Seven Thousand 1887, 00o.O C
Dollars, evidencing the said indebted
ness, for the purpose OF providin
funds for the construction of a waite
plant within the said Town of Franz
linton, Louisiana, the amount of saI
i bonds being less than 10 per cent
the assessed valuation of the proper
81 within said Town, as shown by ii
4 assessment rolls of said Town, as la
i completed, said bonds to bear int
est at the rate of Five t5) per ce
& per annum payable annually and
4 run for period Of Twenty-Five yea
d from the date of the bonds, and
principal and interest to be payal
d OF such place as the governing a
b thorities may determine, and be
principal and interest to be secul
and paid by a sufficient tax lev
and collected in each of the YET
while all or any of said bonds
outstanding in accordance with
s. provisions of Article 28I of the O.
stitution, and the laws of the State
Louisiana.
Section 4.
Be 1t further ordained that no
OF said special election be duly nd,
tised for thirty days, in acaords
with Law in the official journal of
hi aidTown, the notice OF the said 6
. . n. . .
b tion to embrace substantially
things SET forth herein and to
that the Mayor and Board of AL
men will meet in open session
O'Clock A. M on the 9th day of
ust, 1920, and then and there pro
70 open the ballot box, examine
canvass the returns and declare
rehuits OF such election, and ms
process verbal of its proceedings
Section S,
BE i further ordained, tina,
Mayor Of the said Town be and
hereby authorized and empower,
have the necessary ballots prints
Vie said election, in accordapce
low and the provisions 81 this
nance and ha shall also preYia