The Era-leader. [volume] (Franklinton, La.) 1910-current, 1920-06-24
Town Ordinance.
Office of Mayor,
Town of Franklinton, La.

At an adjourned meeting or tDe {
Navor and Board of Aldermen OF the
Town of Franklinton, La, held On the
above date, to wit: the 18th day OF
of June, 1920, at which meeting the
following were present: 9. D. Gayer,
Mavor, &. L. Magee, P. E. Greenlaw,
O. F. Monk, j, Adolph Pierce and
E. A. Carter, Aldermen, absent, none,
and at which meeting, Alderman,
E. l., Magee offered certain ordinance
and moved it's adoption, and there
upon Alderman J. Adolph Pierce Sec
onded the motion to adopt said ordi-
nance, and the said motion being then
and there being put to a vote OF the
ayes ana nays and the roll being call
ed, the vote stood as follows:
For the ordinance; Aldermen Magee,
Garter, Pierce, Monk and Greenlaw.
Against said ordinance; none.
Which ordinance is in the words
and figures as follows: $
ORDINANCE NO. --
OF The Town OF Franklinton, La.
An ordinance proposing to incur
debt and issue bonds of the Town OF
Franklinton in the parish of Wash.
ington, State of Louisiana, for GER
tain purposes and ordering q special
election for the purpose of submitting
to the property taxpayers OF said
Town, the proposition for said pur'
pose.
Section /.
Be 1t ordained by the Mayor and
Board of Aldermen of the Town OF
Franklinton, Parish of Washington,
State of Louisiana, that it is neces.
sary to incur debt by the said Town
of Franklinton at the rate, in the
amounts and for the purposes herein
after mentioned and appearing in the
proposition hereinafter set forth.
Section 2.
Be it further ordained, that spe
cial election be and the same is here
by called and ordered to be held II
said Town on the 3rd day of August
1920, between the hours of I A. M. anC
5P. M.
Section 3.
Be it further ordained, that at sale
special election there shall be submit
ted to the taxpaying electors qualified
to vote under the constitution ant
laws OF the State of Louisiana, thu
following proposition:
Proposition For Water Plant Bonds
to incur debt and issue and sell nego
table annual interest bearing coupon
bonds of the said Town to the amour
of Thirty-Seven Thousand (s37, 600. 90
Dollars, evidencing the said indebted
ness. for the purpose of providin
funds for the construction OF waite
plant within the said Town of Frank
linton, Louisiana, the amount of sal
bonds being less than 10 per cent
the assessed valuation of the propert
within said Town, as shown by til
assessment rolls of said Town, as la,
completed, said bonds to bear int
est at the rate of Five t5) per Gel
per annum payable annually and
run for period of Twenty-Five yea
from the date of the bonds, and Il
principal and interest to be payab
at such place as the governing q,
thorities may determine, and boz
principal and interest to be secur,
aud paid by sufficient tax levi
and collected in each of the yea
while all or any of said bonds a
outstanding in accordance with t
provisions of Article PSI of the Co
stitution, and the laws of the State
Louisiana.
Section 4,
Be 1t further ordained that a not
Of said special election be duly adyt
tised for thirty days, in accordar
with law in the official journal of
said Town, the notice of the said ell
tion to embrace substantially
things set forth herein and to st
that the Mayor and Board OF Aid,
men will meet in open session q
O'Clock A. NJ on the 9TH DAY of A
ust, 1870, and then and there proc
TO open the ballot box, examine
canvass the returns and declare
results Of such election, and MAX
process verbal OF its proceedings.
Section 5.
hs IT further ordained, that
Mayor OF the said Town be and b
hereby authorized and empowered
4 have the necessary ballots printed
sne said election, in accordance
4 law and the provisions Of tbi. .
Raree, and be shall alsn nrop;ao