The Natchitoches enterprise., 1920-04-22

M. Barron,
/ Z. J.. Pullin.
MEMBERS
Edgar Levy, C. Z. Hathaway
J. B. Sellers, ]. F. Hawthorn
G. L. Berry, JAS. ]. Copellar
e. j. Pulli1, M. Barron
The following ordinance was Offered
| by Mr.. Hawthorn and seconded BY Mr.
Pullin.
An ordinance authorizing the is.
suance of Thirty-Five Thousand $685..
OOO.OO) Dollars of bonds Of School
District No. 8 Of the parish Of Natchi;
toches, prescribing the form of said
boEds, fixing the maturities thereof,
and providing for the levy of taxes for
the payment of the principal and inter-
est Of said bonds.
Be it ordained by the Natchitoches
Parish School Board that in compliance
with the terms of Article 281 of the
Constitution of the State Of Louisiana
and Act 256 of the General Assembly
Of the State of Louisiana for the year
1910 as amended, and acting as the
governing authority of School District
No Three (Y of the parish of Natchi-
toches, and the Natchitoches Parish
School Board having been duly autho-
rized at an election held in School Gis-
trict Number Three (3) of the parish
of Natchitoches on the 18th day Of
April, 1920, hereby authorizes the in
curing of an indebtedness of Thirty
Five Thousand ($35, 900 00) Dollars of
said School District Number Three (3)
of the parish Of Natchltoches, for the
purpose of erecting and equipping
school building within said school dis
trict, and to represent said indebted
ness the Natchltcches Parish School
board hereby authorizes the issuance
of Thirty Five Thousand ($25, ,OOO. .OU)
Dollars Of school bonds of School Dis
trict Number Three (3) of the parish
of Natchitocher, numbered from One
to Thirty Five inclusive, Of the denom-
ination Of One Thousand $1,000 COY
Dollars each, dated May l, 1920, bear
ing interest at the rate of five (5%)
per centum per annum, from date un-
til paid, said interest being payable
semi annually on the first days Of May
and November in each year, and each
If snid bonds having attached thereto
coupons to represent the
Iaid interest.
Be it further ordained, etc that the
aid bonds and the interest thereon
hall be payable at the Office Of the
Treasurer Of the Natchitoches Parish
school Board, ct Natchitoches, Louisi-
ma, or at the option of the holder at
he Chase National Bank of New York
ity.
He it further ordained. etc., that
aid bonds shall be in substantially the
ollowing form, to-wit:
UNITED STATES OF AMERICA
STATE OF LOUISIANA
PARISH OF NATCHIrOCHES
chool Bond of School District No.
Three OF the Parish Of Natchitoches.
lumber $1,(O0.OOl
School District number Three (3) of
be parish of Natchitoches. State of
ouisiana, for value received, hereby
romises to pay to bearer, on the first
ay OF May 1872 the sum of One
thousand Dollars. in gold coin Of the
[nited States of America, of the
resent standard OF weight a fine-
ees, with interest thereon at the rate
FIVE rs percent per centum perl
mum, payable semi annually on the
rst days Of May and November in
lch year, upon presentation and sur
'nder Of the interest coupons hereto
;tached. as the same shall mature.
'th the principal and interest of this 3
md are payable at the Office of the
.easurer Of the Natchitoches Parish
:hool Board at Natchitoches, Louisi-
i, or ct the option Of the hoider at
. Chase national Bank Of New York
tY.
~ bpnd Il igIged by sshppl pi,-