The Natchitoches enterprise., 1920-04-22

] 1870, and the notice Of the Preside
calling for bids Tor the purchase
$50, 600 90 of Road Bonds of Road Di
trict Number % of the parish OF Ma
chltoches, also CT date February 10
1920.
There were present. Messrs. NJ.
Tauzin, l. Raphiel, d. 2. Furlow, Y
w. Page, V. G. Phillips, l.. H. Fol
James +. Saiter, F. A. Charleville.
There were ABSENT Messrs, S.
Joyner, G. z. Hart.
The President in the chair; the Sc
retary at her desk.
The police jury having been dul
convened; the president announced tn;
it was ten Q0) O'Clock a. M, the tin
fixed for the opening of the bids f(
the purchase of the Sixty Thousan
! $3.50. 0000W Dollars of Road Bonds {
Road District Number Twenty-N Min
(29) Of the parish of atchitoches, an
thereupon it was moved by Mr.. Phil
iys and seconded by Mr.. Tauzin tha
the police jury acting as the governin
authority of Road District No. 20 @
the parish of Natchitoches, do now i
open session proceed to open and rea
the bids.
The vote on this motion was as fol
lows:- Yeas: Tauzin. Raphiel, Furlow
Page, Phillips, Ford, Salter and Char
leville. Nays: None.
| And the motion was declared car
ried
The Secretary then read the adver
tisement calling for bids for the pur
chase of the Sixty Thousand 1850, 600.
0O) Dollars of Road Bonds of Roa
District Number 20 of the parish O
| Natchitoches which said advertisement
| was authorized by ordinance of tn
police jury OF February 10, 1920 an,
! was published for thirty go days il
the Official Journal in accordance witt
| law, The Secretary then stated tina
there had been received and were il
her possession 3 bids, which wer,
thereupon opened and read in open ses
sion and were as follows:
l. w L. Slaytcn & Co., Toledo
Ohio, bid par and accrued interest, les.
discount of $40, 248.OO.
2. Frost-Jchnson Lbr., Co, Shreve
port, Louisiana, par and accrued inter.
est.
3. VIM. Talent & Co., New Or
leans. Louisiana, placed a contractors
bid of par and accrued interest condi-
stienadz nadz0a4h0.n<-axas2ad.zt}6areanfeae
for the construction OF the roads, -
After mature deliberation and due
confederation having been given to
each bid submitted, the following or
dinance was offered by Mr.. Phillips
and seconded by Mr. Tauzin;-
An ordinance accepting the bid of
Frost Johnson Lbr. Co. for the pur-
chase of the $50, 10000 of Road Bonds
of Road District No. 20 of the parish
Of Natchitoches and designating de-
pository for the funds arising from the
sale of said bonds and fixing the am
cunt of security to be furnished by
said depository.
Whereas, the bid of Frost j Jonnson
Lumber Co, for the purchase of. the
$50, COO, 90. of Road Bonds of Road Dis
trict No. 20 OF the parish If Matchito-
ches, this day submitted to this gov
erning authority, is considered the best
bid of all bids submitted, and the one
which is most advantageous for said
Road District
Therefore be it ordained by the pol
ce jury of the parish of Natchitoches
aNtuiS 0o Vic SOtCl1llk VI
Road District No. 20 of the parish of
Natchitoches, that the bid of Frost
Johnson Lbr. Co., be and the same is
hereby accepted; which bid is in words
md figures as follows, to-wit:-
Shreveport, La,
March %, 1920
honorable Secretary Police Jury
Parish.
latchitoches, Louisiana
Dear Sir:-
We beg to submit you the following
i'd on ahe $50, 100000 (sixty thousand |
lollar) bond issue Of road district num-
'er twenty (29) Of Natchitoches Par
sh. Louisiana.
Said bonds dated February 1st, 1920, |
Maturing as shown in the printed state
nent issued over the signature Of your
bearing per cent interest |
'ayable semi-annually, both principal
nd interest being payable at the !
,hase National Bank of New York /
;ity, said bonds to hee;ssled in deriom-
aations of 5000 90 or $1OO0.OO at your
ption, said bonds subject to the ap-
'roval of our attorneys. We will pay
'ar and accrued interest.
In view of the fact that we have not
ct had the opportunity of lnvestiga
ing the validity of the bond issue. we
vish to make this provision that should
ur bid be accepted YOU will furnish
8. with a full. and complete certified
of the records and of the pro- /
eedlngs of your Honorable Police Jury |
sading up to the issue Of these bonds,
ncluding bond form, and also the
pinion Of Mr.. John C. Thomson of
lew York City and it IS understood
hat we shall have (15) days in which
ur attorneys may thoroughly investi-
ate the issue before our final accept
nee of the bonds.
We beg to enclose you our check for
1900 90 payable to the President Of
our Police Jury, or his order, as evi-
ence of our good faith, and in the
vent of our bid is not accepted, or our
ttorneys advise the issue is defective,
hat this check shall be returned to Us. |
Yours very truly,
FROST JOHNSON LUMBER Co.
(Signed) E. A. Frost
President
Be it further ordained etc., that the
resident and Secretary of the police
urv and the Treasurer of Road Dis
rict No. 90 of the parish of Natchito-
hes ale hereby authorized and direc-
ed to do all things necessary to makes
elivery Of the said bonds of said Road
i.trict amounting to $6O. 10000 dated
'ebruary l, 1920, to Frost Johnson
.br. CO.. and to collect the purchase