Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1920-09-25

District No. /, in the Parish of Yer
million, Louisiana, 10 the amount of
Five Thousand (S5,00000) Dollars,
bearing interest at the rate Of five per
cent $50 per annum, payable annual
ly, for the purpose of constructing and
furnishing additional rooms TO the Mil
ton School, in Milton School District
No. !, Parish Of NermiliOn, Louisiana,
was duly carried, and the issuance of
said bonds of said Milton School Dis
trict No. |, to evidence said debt, was,
at the said special election, authorized
by the vote of majority in number
and amount of the property taxpayers
of said Milton School District No. !,
qualified to vote under the Constitution
and Laws of the State of Louisiana,
who voted at the said election held for
the purpose hereinbefOre stated; and
Whereas, the Vermilion Parish School
oBard, Of the Parish Of Vermilion, Lou
isiana, has examined and investigated
the regularity of the proceedings for
said election and find that the same
was duly and legally called and held:
that the notice thereof required by law
to be given has been duly and regularly
given, and that the said election was
conducted in strict conformity with the
requirements of law, and that the votes
at said election have been daily ascer-
tanned and the results thereof canvass.
ed and the returns thereof made, fled,
recorded and reported as required by
law, and that said proposition for in.
curing the Indebtedness and for the
issuance of said bonds, and each and
al of them, have received the assent
and been authorized as aforesaid, by
the vote Of a ma iOritv in number and
amount Of the property taxravers Of
said Milton School District No. J. Of
the Parish Of Nermilon, l.olisilna,
qualified 10 vote al said election,
/ Be it resolved and ordained by me
Paris1 School Board, of the Parish u
Nermilion, Louisiana:
Section /. That the President an /
Secretary Of this Board be, and thsv
are hereby authorized aud directed 10
have prepared and to execute III tie
name Of the Parish School Board Of the
q Parish Of Nermilion, Louisiana, for and
in behalf # Milton School Di,t.,rt
No. !, of said Parish Of Vermilion.
Louisiana, Fifty negotiable bonds,
numbered one 10 fftr, both numbers
inclusive, and in denominations Of De
Hundred dollars 100000. bearing the
date Of September 1st, 1920, and ma.
turing and being due and payable as
follows:
Nos l 10 4, inclusive, maturing Jan.
uarv 18th, 1921, 90
Nos. ) to 5, inclusive, maturing Jan.
uary 18th, 1922, .........................Si0o On
Nos 8 to Is, inclusive, mat airing Jan.
uarv i, 1923 ...........................sJ 800 90
Nos. Il - Is. inclusive, maturing
January 18th, 1924, 4N4N4N4N4Sio0 Cd
No. 10 to %, inclusive, maturing
January 18th, 1925 .....................sj $500 .0C
Nos "a 10 %, inclusive, maturing
January 18th, 1925, ...-.................s $500 OF
Nos. 29 TO 81. inclusive, maturing
January 18th, 1927, -...-.--............s 5000 o.
Nos 80 to 20, inclusive, maturing
January 18th, 1929, ......-...-....... $500 Ol
Nos. II to 46, inclusive, maturing
January 18th, 1929 .....,................s6 5000 o.
Ms. ~ 70 30, inclusive, maturing
January 18th, 1890, .................... .s4O0 o
All bearing interest az the rate OF
FIVE per cent t3F5) per aHHum. uavahlt
annually, on the 18th day Of January
IF each and every wear, until the nav
ment OF the principal sum thereon, b1ti
principal and iaterest, Of said bonds Z,
he PAYABLE NJ the Office Of the Vermil
ion Parish School Board. Of the Parish
of Vermilion, Louisiana. and the SAID
bonds shall be known ar. Milton Srhoo
District Number | Bonds -
The interest on said bonds shall b.
evidenced b. proper coupon attached Z,
each bond aud both principal and in
terest Of said bonds Shall be due ar5
PAYABLE in gold coin of the Unite,
states f the then present STANDARD
weight and fneness. Said bonds shal
be signed bv the President II the Yer
million Parish School Beard. Of N,
Parish IF Vermiion, Louisiana. and az
tested BY the Secretary thereof, bu'
said interest coupons may be execute,
BY a fac smile signature Of said Pres
;1ert and said Secretary.
Section ? Be il further resolved
and ordained. etc That said bonds an,
the interest coupons attached t1erett
shall be in Substantially the followin,
form, to-wit:
UNITED STATES or AMERICA,
State Of Louisiana