The Rice belt journal., 1920-03-13
February 20, 1920.
John T. Hood,
Cline & Bell,
Attorneys.
IF 21-2S NJ 6-13.20-27
WELSH DRAINAGE DISTRICT
ORDINANCE NO. ONE 4

ing of special tax of twenty-five cents
per acre, and the creation of Bonded
Indebtedness of Seventy thousand
! (S7O, ,0O000) Dollars, as authorized by
Article 2S1 of ohe Constitution of the
State of Louisiana, as approved on the
22nd day of November, 1918, and the
subsequent amendments thereof, for
the purpose of providing and main
tanning a drainage system on all alnds
situated i'll said District, and for the
holding of an election therefor.
Whereas, it is the opinion Of the
Board of Commissioners of said Welsh
Drainage District No. One that it is
necessary that the said Drainage Dist
rict be authorized to create a bonded
Indebtedness of Seventy thousand
$50 100000 Dollars, to be represented
by One Hundred Forty (14O) bonds of
Five Hundred ($500.00) Dollars each,
to be issued by the said Board Of Com
missioners of Welsh Drainage District
No. One, to bear interest at the rate
of five per cent per annum payable
semi-annually, maturing at such dates
as may be fxeG by the Board CT Com
missioners of said Drainage District,
at the time of or prior to the issuance
Of the same, and also that in frder to
secure the payment of such bonds,
together with the interest thereon, and
additional funds with which to enable
said Welsh Drainage District No. One
to procure the necessary dredging ma
chinery, rights of way, canals and i'm
prOVements and to properly and suf-
fiCiently drain the land comprised
within said District that it is neces-
sary that a special annual tax of
twenty-five (25) cents per acre, as
authorized by Article 2S1 of the Con-
solution of the State of Louisiana,
andoped November 22nd, 1913, as
amended by levying upon the acreage
property comprised within the limits
of said Welsh Drainage District No
One, for a period of twenty years,
commencing with the var 1920 and
ending with the year 1899, both in
elusive.
Section l. Be it Ordained by the
Board of Commissioners of Welsh
Drainage District No. One, that spec
ial annual tax of twenty-five cents
(25) cents per acre, as authorized by
the Constitution of the State of Loui-
siana, approved November 22nd, 1918,
as amended, be levied On all property
comprised within the limits of said
Welsh Drainage District No. One for
a period of twenty years commencing
with the year 1920 and ending wioh
the year 1889, both inclusive, and the
funds derived from said tax shall be
used exclusively:
First: To the liquidation and ex.
tinctiOn of such bonded Indebtedness.
Second: For paying the expenses of
organizing and running and operat-
ing expenses of the Board of Commits
sionerS of said Drainage District and
the operation of drainage canals,
bitches and machinery owned and con-
trOlled by the said Drainage District,
the title to which shall be vested in
Ohe said Drainage District.
Third: To provide for such ad-
ditional work of extension of canals,
bitches or drainage conduits as in the
Judgment of said Board of Commits
sloners may be necessary and proper
economically to drain the property in
cluded within the limits thereof;
Fourth: To paying the interest up
on said bonded Indebtedness.
Section g Be it further ordained,
ETC., that said Board of Commissioners
of Welsh Drainage District No. One do
hereby submit to the qualified voters
of Welsh Drainage District No, One,
for their approval and ratification, the
creation of bonded Indebtedness and
Issuance of bonds in the sum of Seven
ty thousand ($70, ,0O0O00) Dollars as
aforesaid, and the levying of a special
annual tax of twenty-five cents per
acre upon all the acreage property
comprised within the limits of said
Welsh Drainage District No. One, for
a period of twenty years, commencing
with the year 1920, and ending with
the year 1899, both inclusive, said
election to be held at the City Hall
in Welsh, Louisiana on Tuesday.
March 3Oth, 1920, the polls to be open
ed at seven O'Clock a. m, and to close
at five O'Clock p m., at which election
there shall be submitted to the quail
ned electors the above proposition in
the following words, to-wit:
Fo the leVyina of an Acreage Tax.
proposition to levy an
acreage tax of twenty-fveI n