The Rice belt journal., 1920-05-08
ORDINANCE NO. FOUR ~
WELSH DRAINAGE DISTRICT

AN ORDINANCE Of Welsh Drain
age District No. /, imposing an acre
age tax Of twenty-five (25) cents per
acre upon all of the acreage property
within said District subject to State
taxation for the purpose OF paying the
interest maturing semiannually on
the bonded Indebtedness in the sum
of Seventy Thousand Dollars ($70,-
OOO.OO) and the principal failing due
and providing for sinking fund to
retire aportion of the bonds author
lied by ordinance No. One ~, adopt
ed by the Board of Commissioners Of
Welsh Drainage District No. /, On Feb
ruary 10th, 1920, calling a special cleo
tion held ON March Goth, 1920, at which
a bonded Indebtedness of Seventy
Thousand ($7O,0O0O0) Dollars was
authorized, secured by an acreage tax
to be imposed annually by tie govern
ing authorities Of said Drainage Dist
rict, as provided by Article PSI of the
Constitution of 1913, the result Of said
special election having been promul-
gated on March 31st, 1920, by ordin-
ance No. three 60 of Welsh Drainage
District No. l.
Whereas, the voters participating in
the said special election called in
Welsh Drainage District No. /, by or.
dinanGe Number One ~ adopted by
the Commissioners of said Drainage
District on February Goth, 1920, did.
at the election held in pursuance to
this ordinance on the 30th day OF
March, 1890, authorize the inCurring
of a bonded Indebtedness by Welsh
Drainage District No. l, in the sum of
Seventy Thousand ($7O,O00O0) Dollars
to be secured by an acreage tax Of
twenty-five (25) cents per acre, to be
imposed for each year by the govern
ing authorities of said Drainage Dist
rict, for the years 1920 to 1889, both
inclusive, the result Of said election
having been promulgated by ordinance
Number Three (3), adopted March
31st,1920.
In pursuance of said authority vest
ed in the Commissioners of Welsh
Drainage District No. l, by the con-
stitution and laws of the State of Loui
siana, and by the election duly held
and promulgated as aforesaid, we do
hereby impose for the years Of 1920 to
1889. both inclusive, an acreage tax Of
twenty-five (25) cents per acre per
annum, upon each acre of land within
said Drainage District subject to tax
alton for State purposes, in excess Of
all other taxes, the proceeds Of said
tax to be used for the purpose Of meet
ing the current expenses Of said Dist
rict and paying the interest falling due
semi-annually upon said bonded in
debtedness Of Seventy Thousand ($7O,-
090.00) Dollars, retiring the portion
thereof maturing within each current
year, and providing for sinking fund
for the purpose of retiring said bonds
at their maturity; and the assessor of
the Parish of Jefferson Davis is here
by authorized and instructed to extend
upon the assessment rolls of Jefferson
Davis Parish for the years 1920 to
1889, both inclusive, the acreage tax
of twenty-five (25) cents per acre up
on all the acreage property of the
Welsh Drainage District No. l, subject
to State taxation.
Commissioner S. o. Scoggins moved
that the above and foregoing ordin-
ance be adopted. The motion for adop-
tion was seconded by Commissioner
A. R. McBurney. The President called
a vote upon the motion to adopt said
ordinance which resulted as follows:
Yeas, 8; Nays, 0.
S. NJ. WATKINS,
President.