The weekly Iberian. (New Iberia, La.) 1894-1946, 1920-10-16

New iberia, State of Louisiana, that
a special election be and the same is
hereby called and ordered to be held
in the City of New Iberia, La, on
Tuesday, the Seventh day of Deem
Der. 1920, between the hours of sew
len Cd o'clock A. M, and five ~
o'clock P. M, and that at said special
election there shall be submitted to
the property taxpayers resident citi-
zens of the City Of New iberia quail
fled under the Constitution and Laws
of the State of Louisiana, to vote at
said special election, the following
propositions, to-wit:-
PROPOSITION NO. /. To auth
orize the Board of Trustees of the
City of New Iberia, Louisiana, to in
cur debt on behalf Of and in the name
of the City of New Iberia in the
amount of Seventy Thousand ($70,-
100000 Dollars, and to issue and sell
serial negotiable semi-annual interest
bearing coupon bonds evidencing the
said Indebtedness; said bonds to bear
interest at the rate of five per centum
Is p. CO. per annum, payable semi
ANNUALLY, the principal and interest of
said bonds to be payable in such
amounts and at such times and places
as the governing authority may de-
termine, said bonds to run twenty
900 years from their date, and both
the principal and interest of said
bonds to be secured by sufficient
tax to be levied and collected each
year in accordance with Article 281
of the Constitution and Laws of the
State of Louisiana, the proceeds of
the sale of said bonds, at not less
than par to be used in constructing
and equipping systems of waterworks
and electric lights within the City of
New Iberia, the title to which shall
rest in the said City.
PROPOSITION NO. 2. To auth
orize the Board Of Trustees of the
City of New Iberia, Louisiana, to in
cur debt on behalf of and in the name
of the City of New iberia, in the
amount of Thirty Thousand $780,
100000 Dollars, and to issue and sell
serial negotiable semi-annual interest
bearing coupon bonds evidencing the
said Indebtedness; said bonds to bear
interest at the rate of five per centum
Is p. c. per annum, payable semi-an-
nually, the principal and interest Of
said bonds to be payable in such
amounts and at such times and places
as the governing authority may de-
termine, said bonds to run twenty
(2O) years from their date, and both
the principal and interest of said
bonds to be secured by sufficient
tax to be levied and collected each
year in accordance with Article 281
of the Constitution and Laws of the
Estate of Louisiana, the proceeds Of
the sale of said bonds, at not less
than par, to be used in constructing
and equipping a bridge within the
City of New Iberia, the title to which
shall rest in the said City.
PROPOSITION NO. 3. To auth
rize the Board of Trustees of the
City of New Iberia, Louisiana, to in
cur debt on behalf Of and in the name
of the City of New iberia in the
amount of Seventy Five Thousand
($75 900 ,OO) Dollars, and to issue and
sell serial negotiable semi -annual in
terest bearing coupon bonds evid-
|encing the said indebtedness; said
bonds to bear interest at the rate OF
five per centum Is p. CO. per annum,
payable semi-annually, the principal
and interest of said bonds to be pay
able in such amounts and at such
times and places as the governing
authority may determine, said bonds
to run twenty (2O) years from their
date, and both the principal and in
terest of said bonds to be secured by
Ia sufficient tax to be levied and COL
lected each year in accordance with
Article 281 Of the Constitution and
Laws of the State Of Louisiana, the
proceeds Of the sale of said bonds, at
not less than par, to be used in paw
ing and improving streets, roads and
alleys within the City Of New Iberia,
the title to which shall rest in said
City.
PROPOSITION NO. 4. To auth
rize the Board Of Trustees Of the
City Of New Iberia, Louisiana, to in