The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-07-01

Mating ~ the canvass OF said election.
W. E. CORNELL.
j. W. WALLACE.
n. W. SENTELL.
II. L. BURKs.
Attest;
f. ID. TAYLOR.
JAS. N. HENDERSON.
On motion of Mr.. Burks. seconded by
Mr.. Bumgardner. the following ordinance
was duly adopted:
ORDINANCE No.
To provide for the levy of tax to pay the
interest and principal as it falls due OF
an issue of One Hundred Thousand Dol
lars ($10O. O00.O0) of bonds OF school
District No. 9, of the Parish Of BOssier,
Louisiana.
Whereas, Mt an election heretofore held
on the 18th day Of June the issuance of
$780, 100000 of bonds Of School District No.
o. Of Bossier Parish. Louisiana. was duly
authorized for the purpose OF providing Tor
a tax to pay the interest and principal OF
said bonds as the same fall due.
Be it ordained by the Bossier Parish
School Board. the governing authority OF
School District No. 8 Of said parish. That
the Assessor and Tax Collector Of BOssier
Parish, Louisiana, are hereby instructed and
ordered to assess and collect for the year
1920 a tax Of 10 mills on the dollar Of the
assessed value Of the taxable property Of
said School District No. .. for the purpose
of providing for the payment of the interest
and principal falling due to and Including
February 1, 1921, Of an issue OF 800 OO0.OO
Of School Bonds of School District No. D
OF Bossier Parish, Louisiana, and that a
copy Of this ordinance be furnished to both
the Assessor and Tax Collector Of the said
parish.
This ordinance having been submitted to
vote the vote thereon was rs follows:
Yeas, Ave: nays, none.
And the ordinance was declared duly
adopted.
On motion Of Mr.. Wallace. seconded by
Mr.. Sentcll. the following ordinance was
duly adopted:
ORDINANCE No. 2
Authorizing the issuance Of $1O0.OOO00 of
school bonds of BOssier Parish. Louis
lana, School District No. o. prescribing
the form thereof and providing for the
levy Of taxes for the payment Of interest
and principal Of said bonds.
whereas, the Bossicr Parish School Board
Of Bossier Parrish Louisiana. was duly au-
thorfxcd by vote Of the majority Of the
taxpayers, In number and amount. of School
District No. o. OF BOssicr Parish, Louisiana,
ut an election held In said district ON the
18th day of June, 1920, to issue $1OO.OO0.O O
in bonds Of said district for the purpose
Of erecting and equipping school building
within said district. and,
Whereas, 1t Is desired to provide for the
form and issuance of said bonds, now, there
fore,
Section 1. Be ii ordained by the BOssier
Parish School Board, pursuant to the
terms Of Article PSI of the Constitution
of the State OF Louisiana, and Article 25ti
of the General Assembly Of said state for
the year 1910, as amended, and acting as
the governing authority Of B0ssier Parish
School District No. 8. and the said School
BOARD having been duly authorized at nm
election held In said district ON the 18th
day OF June, 1920, which authorized the
mourning of nm Indebtedness OF 500. 200. O0
on behalf Of said BOssicr Parish School
District No. 0, for the purpose Of erecting
and equipping school building within said
district and to represent said Indebtedness.
hereby authorizes the issuance of 500. OOl
school bonds Of BOssier Parish, Louisiana.
School District No. 8, numbered from 1
to 100. inclusive, OF the denomination Of
$1O0O.OO each, dated February 1, 1920, and
bearing interest mt the rate Of ) per cent
per annum from date until actually paid,
said interest being payable seiniannually on
the LIST days OF February and August In
each year. and each Of said bonds having
attached thereto coupons to represent the
said interest.
See. ?. BE It further ordained. etc, That
the said bonds and interest thereof sliall
he payable Mt the ONCE Of the B0ssier Parish,
School Board, BENTON, La, or Mt the option
OF the holder, mt the First National Rank,
New York City, N. Y.
Sec. 3. Re u further ordained. ETC.. That
the said bonds shall be In substantially the
following form tO-wit:
United States Of 4mcricG. State Of Lon
isiGna, Parrish OF R0ssier.
Bond OF Bossier Pa,ish School Dis
trict No. ..