The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1920-08-28

/ to negotlate a loan or loans TO the
amount OF S200,0O0.00. predicaUed on
the revenues Of this district for the
year 1921, and TO issue certificates Of
indebtedness therefor, with interest
at the rate OF 6 per cent per annum,
with any banking insti -ution, or in1i-
viIUal,
Be it further resolved, that said
committee is hereby vested with aU-
thority, in the event OF failure to
make said lean to sell $3.50, 10000 CT
its unsold bonds, for not less than
their par value, bearing interest at
the rate Of per ccnt per annum, and
the president, in the event Of such
sale, is authorized and directed to
have said bonds Autographed, ard to
deliver to the purchaser, or purchasers
upon delivery to the State Treasurer
OF Louisiana the purchase price ard
accrued interest. The following com
mittee was appointed by the president
including himself: Commissioners T.
II. Schneider, r. X. BoHey.
On motion of Commissioner Schnei-
der, secOrded by Commissic.ec Gold
man, the following resolution was
adopted.
Whereas, By authority Of Act No.
AZ Of Acts Of the General Assembly
OF Louisiana, Special Session, 1917,
this Board is authorized to appropri
ate such sums as may be caleb upon
to meet the den and Of the Mississippi
River Commission, as required b; he
Flood Control Act of Congress; and,
Whereas, The Commission has made
the allotment for the season 1920
1921, for the Fourth United States
Levee District, within this district,
and the pro rata of the allotment of
this Board is ($i37,5O0.OO) one hun
bred thirty seven thousand, five hui
dred dollars.
Therefore, be it resolved, that the
president of this Beard be and he is
hereby authorized land empowered
70 draw a warrant on the State hu.
ditor of Louisiana, or any banking
institutions having funds of this board
countersigned by the chief of th4
Board of State Engineers made paya-
bic to - of - for deposit in
the said bank to the credit Of Col.
Chas. l.. Potter, President Of the Mis-
zissippi River Commission, the sum OF
$ dollars, to be useed pointly IL
lcvee construction in the Fifth LOU
islana District, in accordance with the
provisions cf the FlooG Control Ac,
of Congress, approved March /, lyI7.
On motion of Commissioner Ham
ley, duly seconded by COMMISSIONS
Schneider, the following resolution
was adopted:
Whereas, by authority of Act No.
AZ. of Acts Of the General Assembly
of Louisiana, special session 1917, this
Board is authorized to appropriate
such sums as it may be called upon to
meet the demand of the Mississippi
River Commission, as required By the
Flood Control Act, and
Whereas, the Commission has rl"dc
the allotment for the season "a =.
1921, for the Third United S.; =
!evee District, within thi; district, ard
the pro rata of the allotment of this
Board is (S125 ,OCOOO) one hundred
twenty-five thousand dollars,
Therefore, be it resolved, that the
president of this Board be and he i
hereby authorized and empowered to
iraw warrant on the State Auditor
Of Louisiana, or any banking institu-
ion having funds OF this board, coun-
tersigned by the Chief of the Board
Of State Engineers, made payable to
- Of, for deposit in the said
tank and to the credit CT Col. L.
Potter, President of the Mississippi
River Commission, the sum of $
dollars, to be jointly used in levee |.
construction in the Fifth Louisiana
Levee District, in accordance with |
provisions of the Flood Control Act. .
IF Congress approved March LIST, /
1917.
There being no further business. /
before it the board adjourned.
I. P. KEEL, President. |