The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1920-03-06
ORDINANCE NO. TWO l2l.

ORDINANCE NO. TWO (2).
AN ORDINANCE of Welsh Drainage |
District No One ~, providing for the
leVying of an advalorem tax on all |
property within said District subject |
to taxation, and the creation of a !
bonded Indebtedness OF Sixty thous.
and ($60, 100000 Dollars, as authoriz- |
ed by Article PSI of the Constitution
of the State of Luisiana adopted on
November 22nd, 1918, for the purpose
of providing for the maintenance of
and drainage system on all lands stu.
ated in said District and for the pur-
pose of holding an election therefor
Whereas, it is the opinion of the
Board of Commissioners of Welsh
Drainage District Number One GN.
that it is necessary that said Drainage
District be authorized to create a
bonded Indebtedness in the sum of
Sixty thousand (S6O,0OO00) Dollars, to
be represented by one hundred and
twenty (120) bonds of Five Hundred
($500,00) Dollars each, to be issued
by said Board of Commissioners, to
bear interest at the rate OF five per
cent per annum, payable semi-annual-
ly, maturing at such dates as may be
fixed by said Board of Commissioners
of Welsh Drainage District No One
Cd at the time Of or prior 90 the is
suance of same, and also in order to
procure the payment Of said bonds,
together with the interest thereon, and
an additional fund with which to en-
able said Welsh Drainage District No.
One to procure the necessary dredging
machinery, rights CT way and improve.
ments to properly drain the land COM
prised within said Drainage District,
that ii is neseccary that an adyalorem
tax of such amount as may be fixed
year, not exceeding ten mills on the
dollar, per annum, on all property
within said District subject to State
taxation, as authorized by Article 2S1
of the Constitution of the State of
Louisiana, as adopted November 22nd
1913, and amendments thereof, be
levied on all property comprised with
in the limits of said Welsh Drainage
District No. One for period of twenty
years, commencing with the year
1920, and ending with the var 1889,
both inclusive.
Section l. Be it Ordained by the
Board of Commissioners of Welsh
Drainage District No. One, that said
advalorem tax CT such amount as may
be fixed by the Bo:rd of Commission
ers from year to year, not to exceed
ten mills on the dollar as authorized
by Article 2S1 of the Constitution of
the State of Louisiana, adopted on
| November 22nd, 1918, as amended, be
1levied on all property subject to State
/ taxation comprised within the limits
of said Welsh Drainage District No.
One, for period of twenty years,
commencing with the year 1920, and
ending with the year 1889, both in.
Iclusiye, and the funds derived from
Isaid adValorem tax shall be used ex-
lcusively 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-
ledness;
Third: For the payment of the ex-
lpenses of organization and the running
and operating expenses of said Board
Iof Commissioners of said Drainage
District, and operating the drainage
canals, bitches and machinery owned
Operated and controlled by said Drain
age District, the title to which shall
be vested in said Drainage District;
Fourth: To providing all such work OF
extending said canals, bitches or drain
conduits as in the Judgment OF said
Board of Commissioners may be neces-
sary and proper economically to drain
the property included within the limits
thereof
Section 2. Be it further ordained
etc. That the said Board rf Commits
sioners of Welsh Drainage District No
One do hereby submit to the qualified
voters of said Welsh Drainage District
No. One for their approval and rati
Ification, the creation of bonded in
+ debtedness and issuance Of bonds il
the sum of Sixty thousand $780, 100000.
Dollars, as aforesaid, and the levyint
annually by said Board Of Commits
| sioners of an annual adyalorem tax, il
such amount as may be necessar.
| from year to year, not exceeding tel
mills on the dollar, on all property sub
| iect to State taxation located within
Il the limits of said Welsh Drainage Dist
Irict No, One, for a period of twent.
. years, commencing with the year 1872
} and ending with the year 1889, both in
tclusive, said election to be held at TIL
? City Hall, in the Town of Welsh, LOU
Esiana, within said District, on Tues
day, March Goth, 1920, the polls to b
opened at seven o'clock a. m., an
, closed at FIVE o'clock p. m, at whic
election there shall be submitted t
1.-THE qualified electors the above prop
osition upon ballots containing the fol
lowing words, to.wit:
/ FOR Levying AZ Adyalorem Tax.