New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1921-11-26

1nuISQay, november ~, lSLl.
/ The Police Jury of the Parish of Ibe
ria, State of Louisiana, met in adjourned
session at their regular meeting place
the Court House at New Iberia, Louisi
ana, at Two 600 o'clock P. M. or
Thursday, Nov. 10, 1921, pursuant t.
motion of adjournment adopted by th'
said Police Jury at special meeting
held on Wednesday, November 9, 1921.
There were present Clet Girard, E. J
Gary, F. Greig, T. David, L. J. Landry
L. c. DeBlanc, o. Leleu, +. Schexnaydel
and L. Lyon.
There were absent z. Boutte and L
Decuir.
The Police Jury having been duly
convened, the President announced the
purpose Of the meeting was for a furth-
er consideration of the bids submitted
on November 9, 1921, for the purchase
of $60.O0OOO of Road Bonds Of Road Dis
trict Number One ~ Of the Parish Of
Iberia, State Louisiana. After due de-
liberation and consideration of each and
every bid submitted, the following ordi-
nance was offered by Mr.. E. ]. Gary and
seconded by Mr.. F. Creig.
An ordinance accepting the bid of L.
E. French & Co., Of Alexandra, Louisi-
ana, for the purchase of 100000 of
Road Bonds of Road District Number
One ~ Of the Parish of Iberia.
Be il ordained by the Police Jury of
the Parish of Iberia, State of Louisiana,
acting ~ the governing authority of
Road District Number One (1) Of the
Parish Of iberia. that the bid Of Messrs.
L. E. French 4 Co.. of Alexandra, Lou
isiana, for the purchase of $6o,p00.00 Of
Road Bonds Of Road District Number
One ~ of the Parish of Iberia, dated
August /, 1919. and authorized at an
election held in the. said Road Distric!
on the 10th day Of May, 1919, be snd
the same is hereby accepted. which bid
is in the following words snd figures to-
wit:
New iberia, La, Nov 9. .o21.
To the Honorable President and Mem
bers of the Police Jury, Iberia Parish,
Louisiana: :.
Condensation your 100000 of
bonds of Road District Number One ~
dated August l, 1919, bearing interest at
the rate Of five Is p. c.) per cent per an
mum, both principal and semi-annal In
terest payable in New York City, and
maturing serially from August l, 1922,
to August 1, 1854, inclusive, we will pay
you par and accrued interest from date
Of bonds to date of delivery to rs.
You are to furnish is with the approx
ing legal opinion Of Jno. c. Thomson,
ESQ, Of New York City.
We enclose herewith certified check in
the sum Of $4,000 ~ an evidence Of
cur good faith in submitting this offer;
said check to be held by you, uncashed,
pending delivery of bonds, when it will
apply a part payment thereon, or, # our
bid is rejected, to be returned to US
promptly. If, for any reason, we fail to
take up and pay for said bonds when
ready for delivery by you, then said
check 10 to be forfeited by rs to you ~
full liquidated damages. =
Respectfully submitted,
L. E. FRENCH & CO.
BY L. E. French, (Signed)
Be II farther ordained, ETC., that the
President and the Secretary Of the Po-
lice Jury Of the Parish Of Iberia, and the
Treasurer Of the Parish Of Iberia, State
Of Louisiana, Be and they ae hereby au-
tho7ised md directed TO do all things
necessary to make delivery Of the said
bonds to the said L. E. French 4 Co., Of
Alexandria, Louisiana, the successful bid
der. and to collect the purchase prizes
thereof.
Be il further ordained. etc, that said