The Era-leader. [volume] (Franklinton, La.) 1910-current, 1920-05-20

of One Thousand (S1,OOO.00) Dol
lars each, date July Is, 1920, bearing
interest at the rate of five (5T) per
centum per annum, from date until
paid, said interest being payable
semi-annually on the 18th days of
February and July in each year, and
each Of said bonds having attached
thereto, semi-annual coupons, to rep
resent the said interest.
Be it further ordained, That said
bonds and the interest thereon shall
be payable at the office of the
Treasurer Of the Washington Parish
School Board, at Franklinton, Louisi-
ana, or at the option of the holder at
the Chase National Bank Of New
York City.
Be it further ordained, That said
bonds shall be in substantially the
following form, to-wit:
UNITED STATES OF AMERICA
STATE OF LOUISIANA
PARISH OF WASHINGTON
Public Improvement Bond Of the Bo-
galusa School District.
No.,,,,---.--.-.-...- 100000
, The Rogalusa School District of
the Parish of Washington, State of
Louisiana, for value received. hereby
promises 20 pay to bearer on the 18th
day Of July 19., the sum Of One
. Thousand $1000.O0) Dollars in gold
coin of the United States of America.
of the present standard of weight and
tlneneSs, with interest thereon at the
rate OF tive (5TO per ceNtum per
annum, payable semi-annually on the
18th days of February and July in
each year, upon presentation and
surrender Of the interest coupons
hereto attached, as the same shall
mature, both principal and interest
Of this bond 9"a payable at the office
of the Treasurer Of the Washington
Parish School Board at Franklinton,
Louisiana, c. at the option OF the
h0l'nrs 2t tn Chase National Bank
Of New York City, n. Y.
This bond IS issued by the Boga-
lusa School District Of the Parish Of
Washington, State of Louisiana, for
the purpose Of purchasing, construct
ing and equipping public school build
ings within the Bogaiusa School Dis
trict under and by virtue of the au-
thority conferred by Article 2S1 of
the Constitution Of the State of
Louisiana and Act 256 of the Cen
eral Assembly of the State of Louisi-
ana for the year 1910, as amended,
and this bond was especially author
lied at an election held in the b.
galusa School District on the 18th
day Of May, 1920, the returns of
which election were duly promulgated
on the 18th day Of May. 1920.
The debt represented by this bond
and the issue of which it forms a
part was incurred and said bonds
were issued by virtue Of the author
d ity conferred by the Constitution and
d Act referred to and conforming to
/ the result of an election held by the
It property taxpayers IN the Bogalusa
:, School District, qualified to vote at
+ the election held on the 18th day of
n May, 1920, who authorized the gov
crning authority Of the Bogalusa
d School District to levy each year a
5, tax sufficient on all property situated
# in said School District to pay The
= principal and interest on said bonds
J. in accordance with law, and it is Ger.
s. titled that all sets, conditions alC
st things required to be done, precedent
AS to and in the issuance of this boGd
e and of the issue of which it forms {
If part, in order to make the same legal
t, binding and valid obligations of tn,
O. Bogalusa School District have exist
G ed, have happened and have beer
IS performed in due time, form ant
he manner as required by law and tia
le the Indebtedness OF said School DIS
tn trict, including this bond and the is
ly sue of which it forms part, does 10
IN exceed the constitutional par statl
81 tory limitations of indebtedness.
6 In witness whereof, the Washing
N ton Parish School Board, as the gov
ut erning authority of the BogalGs;
School District, has caused this bono
A. to be signed by the President aH'
IL Secretary of the said School Board
CT and the corporate seal of said Schoo
u Board to be hereto annexed. to b.
s. signed with the facsimile signature
ID of said President and said Secretary
tG and this bond to be date the 18th da.
a. of JUL. IA.....,
he BOGALUsA SCHOOL DISTRICT,
F. B. RATEMAN.
X President Washington Parish Schoo
is Board,
D. H. SPRINGFIELD,
Secretary Washington Parish Schoo
Board.
FORM OF COUPON
:, On he...,-.-day Of
ID, the Bogalusa School Distr, Ct
- Of the Parish of Washington, STAT
" " of Louisiana, will pay to bear2
= twenty-five ($25.OG) Dollars at ~
" office of the Treasurer Of the Va :,
nc ington Parish School Board, a
=" Franklinton, La, or at the option 0
- the holder at the Chase Nationa
,.s Bank of New York City, N. Y, BEN
81 semi-annual interest then due on i
81 Public Improvement Bond, date
" July Is, 19., No...----.--...
~ F. B. BATEMAN,
- President Washington Parish Sctot
i" Board.
IL, d, D. H, SPRINGFIELD.
nS Secretary Washington Parish Scko,
4h BOARD