The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1920-01-03
anre duly adODteU,

in the sum OF Ninety
thousand ($9O,0000O) Dollars, to run
for period of twenty-five years, to be !
secured by an adyalOrem tax to be
levied annually by the Commissioners
of Bell City Drainage District No, One
tO-wit:
Ordinance No. Two -(2).
AN ORDINANCE of Bell City Drain
age District No. One, providing for the
lcyying of an advaorem tax on all
property within said District, subject
to taxation. and the creation OF bond !
ed Indebtedness Of Ninety thousand
$3.50, O00.00) Dollars, as authorized by
Article PSI of the Constitution OF the
State of Louisiana, adopted on No
vember 22nd, 1918, for the purpose OF
providing for the maintenance OF said
drainage system on all lands situated
in said District, and for the purpose OF
holding an election therefor;
Whereas, it is the opinion OF the
Board of Commissioners Of Bell City
Drainage District No, One, that 1t Is
necessary that said Drainage District
be authorized to create a bonded in
debtedness in the sum Of Ninety
thousand ($9O,00000) Dollars to be
represented by one hundred and eighty
0S0) bonds of Five hundred ($5OO.OO)
Dollars each, to be issued by said
Beard CT Commissioners, to bear in
terest at the rate Of five per cent per
annum. payable semi-annually, matur'
ing at such dates as may be liked by
the said Board CT Commissioners oil
Bell City Drainage District No. One,
at the time of or prior TO the issuance
Of same, and also in order to procure
the payment of said bonds, together
with the interest thereon, and an ad-
ditional fund with which to enable
said Bell City Drainage District no.
One to procure the necessary dredg-
ing machinery, rights Of way and I'M
provements to properly and sufficiently
drain the land comprised within said
drainage district, that it is necessary
that an advalorem tax Of such amount
as may be fixed by the commissioners
from year to year, not exceeding ten
mills on the dollar, per annum, on all
property within said District, subject
to State taxation, as authorized by
Article Isl Of the Constitution OF the
State of Louisiana, as adopted Novem-
Der 22nd, 1913, and amendments there.
of, be levied on all property comprised
within the limits of said Bell City
Drainage District No. One, for period
of twenty-five years, commencing with
the year 1920, and ending with the
year 1914, both inclusive.
Section One. Be it Ordained by the
Board of Commissioners of Bell City
Drainage District No. One, that said
advalorem tax of such amount as may
be fixed by the Board Of Commission
ers from year to year,not to exceed
ten mills on the dollar, as authorized
by Article PSI Of the Constitution OF
the State of Louisiana, adopted on
November 22nd 1918, as amended, be
levied on all property subject to State
taxation, comprised within the limits
of said Bell City Drainage District No
One, for period of twenty-five years
commencing with the year 1920, and
ending with the year 1914 both in
elusive, and the funds derived from
said advalorem tax shall be used ex
cfusively as follows:
| First: To the liquidation and eX
tinction of said bonded Indebtedness
/ Second: For the purpose Of paying
the interest upon said bonded indebt
edness;
4 Third: Fer the payment Of the ex
penses of organization and the run
ming and operating expenses OF sait
Board of Commissioners of said Drain
age District, and operating the drain
! age canals, bitches and machiner,
| owned, operated and controlled by saif
! drainage district, the title to which
shall be vested in said drainage dist
7 rict
! Fourth: To providing all such worl
of extending said canals, bitches o
!. drain cOnduits as in the judgment 0
i. said Board of Commissioners may b.
necessary and proper economically t
3 drain the property included within TIL
t limits thereof.
g Section Two Be it Further Ordain
ed, etc, That the said Board Of Com
missioners of Bell City Drainage Dist
rict No. One, do hereby submit to tn
qualified voters of said Bell Cit
Drainage District No. One for thei
| approval and ratification, the creation
of a bonded Indebtedness and issuanc
| Of bonds in the sum of Ninety thous
and ($90,O00.O0) Dollars, as aforesaid
and the levying annually by sal
| Board of Commissioners Of an annua
adyalOrem tax, In such amount as ma
be necessary from year to year, nc
4 Exceeding ten mills on the dollar, o
| all property subject to State taxatio
located within the limits Of said Be
I City Drainage District No. One, for
period of twenty-five years, comment
ing with the year 1920,and ending wit
the year 1914, both inclusive, said eleC
ton to be held at the Office Of tn
North American Land G Timber Con
pany, Limited, at Bell City, Louisiana
within said District, on Tuesday, Jal
uary 18th, 1920, the polls to be opene
at seven o'clock a. m, and closed {
five o'clock p M, at which electio
there shall be submitted to the qual
fed electors the above proposition III
on ballots containing the followir
! words, to-wit:
FOR LEVYING AN ADvALORE
49,. ........ TAX. ..... .....a
le. Proposition to levy an adj ----,---
otl valorem tax Of such amount
re as may be necessary from
st year to year, not to exceed
d ten mills on the dollar per
oh