Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1921-12-03

lodges itself indebted to aud for value
received hcreb ypromscs to pay the
BEARER hereof, the sum OF
FIVE HUNDRED ROLLARS
on the first day of December, A. ID. 10
together with interest on the said sum,
from date hereof until paid, at the rate
Of six 90 per cent. per annum, interest
PAYABLE semi annually, on the 1t day OF
June and the LIST day of December IN
each wear, in ac, ordance with and on
presentation and surrender of the in
tcrcst coupons hereto attached rs they
severallv become dde. Both interest
AMI principal of this bond are payable
at the BANK OF ABBENILLE, in the
Town of Abbcvillc, State of Louisiana,
in lawful money Of the United State
of America,
This bond is one of a series of two
hundred aud fit y(2jO) bonds num-
bered from "1' to ESQ, both in
elusive, of like date, tenor and effects,
except as to maturitics, issued b ythe
TOWN OF ABBENILLE, Louisiana,
for the purpose of purchasing and con-
structiug system of water works and
electric lights within the Town of Alb.
bcvile. Louisiana, title Of which shall
vest in tAr Town of Abbeville, LOuisi-
ana, said debt being incurred aud said
bonds issued under and in fi!l com
pliancc with the Constitution aud laws
of the State Of Louisiana. aud ce-
peciailv Act No. 30 of the General A.
scmbl If yLouisiana for the wear 1910,
as amended by Act No. 2ls of the Cen
eral Assembly Of Louisiana for the year
1912, and under the authority conferred
! 1v vote of mOjoritr in number anu
amount Of the property taXpa; ers OF
/ be Town OF Abbeville, LOuisIrna, vOt'
! ing nj n special election regu arlv aud
egally CALLED for thUt purpose The
! interest rate bemn lrvird and fixed
after due compliance with Artar,c XIV
! section II, L)i Of TIE provisions OF
! the new Constitution OF the State Of
! .ouisiana, adopted jane ls;h. 1871,
/ The said Tow OF NLpc,iile. Louisiana,
! : hereby arid aud firmly bound and the
tGll faith and credit thereof is pledged
/ or the payment OF the principal and
aterest hereof ut maturity,
II il hereby certified, recited and
| declared that all acts, conditions And
/ things required 20 br done by the Con.
I slltNtitN Hhu iHNt VI NV PNhNN w b'N
Siam, precedent TO and In the issuing
II ttiitiis bend -iifa.ss been pfepefls
! happened and performed, in due and
regular form and tinej rs required by
aw; that the indcbtness of the Town of
| Abbevile, Louisiana, does not exceed
any constitutional or statutory limita'
| tlon; that provisions has been made for
| tle collection of direct taxes of Five
! (J) Mills on the dollar Oh the assessed
valuation Of nronertics III said Town,
which will Yield a sufficient amount
| Jay THAI pare vI the principal of said
| Bond issue, and the interest on all said
bonds falling due June LIST, 1922, and
| december list, 1922, and that Section
p Of Act 255 Of the year 1910, or the
General Assembly of Louisiana, to levy
annually special tax, in addition TO
all other taxes, sufficient to pay the
interest aud principal falling due on
| said bond issue in the ensuing yea,,
antil thr said bond is fully paid In prin'
! -ipal aud interest.
~ TESTIMONY WHEREOF, the
Mayor and Board of Aldermen Of the
| Town Of Abbeville, Louisiana, have
caused said bonds TO be signed by tho
Mayor and attesed by the Secretary
II the Town of AbbevilIe, Louisiana,
10 coupons hereto anueSrd TO be ex'
| ,ruted bv the fac -siMile signature of
aid Mayor and Secretary, on this First
av of December, In the year of our
ord one Thousand nine hundred and
wpnty.0hf (ig2t)r