The Era-leader. [volume] (Franklinton, La.) 1910-current, 1920-07-08
erankIinton, La, July 8, 1920
Town Ordinance.
Office of Mayor,
Town of Franklinton, La.

Town of Franklinton, La, held on the
above date, to wit: the 18th day OF
of June, 1920, at which meeting the
following were present; G. j. Gayer'
Mayor E. L, Magee, ?. E, Greenlaw,
O, F, Monk, J. Adolph Pierce and
T., A. Carter, Aldermen, absent, none,
and at which meeting, Alderman,
E. L. Magee offered certain ordinance
and moved its adoption, and there
upon Alderman j. Adolph Pierce Sec
opded the motion to adopt said ordi-
nance, and the said motion being then
and there being put to vote OF the
ayes and nays and the roll being call
ed, the vote stood as follows;
For the ordinance; Aldermen Magee,
Garter, Pierce, Monk and Greenlaw.
Against said ordinance; none.
Which ordinance Is in the words
and figures as follows
ORDINANCE NO. ~-~---4'
Of The Towr OF Franklinton, La.
An ordinance proposing to incur
debt and issue bonds of the Town OF
Franklinton in the parish OF Wash.
ington, State of Louisiana, for cer-
tain purposes and ordering a special
election for the purpose of submitting
to. the property taxpayers OF said
Town, the proposition for said pur-
pose.
Section /,
Be 1t ordained by the Mayor and
Board of Aldermen of the Town OF
Franklinton, Parish of Washington,
State of Louisiana, that it is neces.
sary to incur debt by the said Towr
OF Franklinton at the rate, In the
amounts and for the purposes herein
after mentioned and appearing in the
proposition hereinafter set forth.
Section 4.
De It further ordained, thai D sre
cial election be end the same Is here
by called and ordered to be held il
said Town on the Bird day OF August
1870, between the hours Of "A. M. ant
6P, M.
Section 3.
Be 1t further ordained, that at sol,
special election there shall be submit
ted TO the taxpaying electors qualife
to vote under the constitution an
laws OF the State of Louisiana, th
following propositions
Proposition For Water Plant Bonds
to incur debt and issue and sell nege
table annual interest bearing coupe
bonds OF the said Town to the amour
Of Thirty.Seyen Thousand (S37 ,000.0(
Dollars, eyidencing the said indebted
ness, for the purpose of providin
funds for the construction of a watt
plant within the said Town of Franz
linton, Louisiana, the amount of So
bonds being less than 10 per cent
the assessed valuation of the proper
within said Town, as shown by Il
assessment rolls OF said Town, as la
completed, said bonds to bear int
est OF the rate of Five t5l per &c
per annum payable annually and
run for period Of Twenty-Five yea
from the date of the bonds, and t
principal and interest to be payal
Of such place as the governing a
thorities may determine, and be
principal and interest to be secul
and paid by sufficient tan lev
and collected in each of the YET
while all or any of said bonds
outstanding in accordance with
provisions OF Article 2S1 Of the OF
stitution, and the laws OF the State
Louisiana.
Section 4.
Be it further ordained ,that no
OF said special election be duly cd,
tised for thirty days, in aceerda
With law in the official journal of
said Town, the MOTIFS of the said q
ton TO embrace substantially
things set forth herein aud to .
that the Mayor and Board OF ALI
men will meet in open session
& o'clock A, NJ on the 9th day of
asb 1870, and then and there PRO
70 open the ballot box, examine
canvass the returns and declare
results Of such election, and ma
process verbal Of its proceedings
Section 5,
30 IT further oraaiasd, that
Mayor Of the said Town be and
hereby authorised and empowers
have the necessary ballots prinse
the said election. in acoeraance
INV snd the provisions Of this
faassl md b shall Mise pspyIa,