The Rice belt journal., 1920-05-08


the President Of the Board of Commits
sioners of this district and counter
signed by the Secretary Of said Board
and each of said bonds shall be attest
ed by the corporate seal of the Dist
rict. The interest coupons shall be ex-
ecuted by the fac-simile signatures of
the President and Secretary Of the
Board. Both principal and interest of
said bonds shall be payable at the Cal
casieu National Bank in the City of
Lake Charles, Louisiana, or at the
Mechanics and Metals National Bank
In the City of New York, N. Y, at the
option of the holder.
Section 2. Be it further ordained,
etc., that said bonds, except as to num-
Der and date Of maturity, shall be in
substantially the following form:
No...... $5OO.OO
UNITED STATES OF AMERICA
STATE OF LOUISIANA
PARISH OF JEFFERSON DAVIS
WELSH DRAINAGE DISTRICT No. /
Of the Parish Of Jefferson Davis,
Louisiana
PUBLIC IMPROVEMENT BOND
KNOW ALL MEN BY THESE
PRESENTS, That Welsh Drainage
District Number One of Jefferson Da-
Wis Parish, Louisiana, acknowledges
itself to owe and for value received
hereby promises to pay to the bearer
the sum of Five Hundred Dollars,
IeEnn my IN AIa f,ot dor oF Tuuo
49,, with interest thereon from date
hereof until paid at the rate of Five
(5) per centum per annum, payable
semi-annually on the first day Of June
and of December in each year upon
presentation and surrender of the at
tached interest coupons as they sever
ally become due. Both principal and
interest of this bond are payable in
lawful money Of the United States Of
America at the Calcasieu National
Bank in the City of Lake Charles, Lou
isiana, or at the Mechanics & Metals
National Bank in the City Of New
York, N. Y, at the option Of the hold.
er
This bond is one Of series of One
Hundred Twenty (12O) bonds of like
tenor, except as to date of maturity,
numbered from 1 to 120 both inclusive,
aggregating Sixty Thousand Dollars
$3.50, 100000 issued under the authority
Of Article 281 of the Constitution O
the State of Louisiana, and in accord
anee with the provisions of Acts Nos,
256 and 317 of the General Assembly
of Louisiana for the year 1910 as
amended, and has been authorized by
the property taxpayers of said District
qualified as electors at an election
duly called and held for that purpose.
And it is herby certified and recited
that all the acts, conditions and things
necessary to be done precedent to the
issuance of this bond and the other
bonds of this series in order to make
them legal, binding and valid obliga-
tions Of the said District, have been
done and performed in due form as re-
quired by law; that the total indebted
ness Of the said district, including this
issue of bonds, does not exceed any
constitutional or statutory limitations
In testimony whereof the Board of
Commissioners Of Welsh Drainage
District Number One Of the Parish of
Jefferson Davis, State of Louisiana,
has caused this bond to be signed by
its President and countersigned by its
Secretary, and sealed with the seal OF
said Board, and the annexed interest
coupons to be executed by the fac
smile signatures Of said President
and Secretary, this first day Of June,
A. D. 1920.
ssssssSS's
President Board of Commissioners
Of Welsh Drainage District Mum
ber One.