Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1921-01-14

SEVEN to TWO HUNDRED, DOth IN
elusive, due and payable April LIST,
194G. All bearing interest at the rate
Of FIVE per cent per annum, payable
semi annually, on tn, 1st day Of APP
ril and the first day of October, OF
each and every year, until the pay
meat of the principal sum thereon,
both principal and interest, OF said
bonds to be payable at the office OF
the Marine Bank and Trust Co. of
New Orleans, Louisiana, and the said
bonds shall be known as "St. Joseph
Electric Light Bonds"
The interest on said bonds shall
be evidenced by proper coupon at
tachcd to each bond and both princi-
pal and interest of said bonds shall
be due and payable in gold coin of
TIE United States Of the then present
standard weight and fineness. Said
bonds shall be signed by the Mayor
of the Town of st. Joseph, Tensas
Parish, La, and attested by the Sec
rotary thereof, but said interest cou-
pons may be executed by fac SIM
lie signature of said Mayor and said
secretary.
Section 2. Be it further resolved
and ordained, etc., That said bonds
and the interest coupons attached
thereto shall be in substantially the
following form:
UNITED STATES OF AMERICA
State of Louisiana.
Parish of Tensas.
st. Joseph Electric Light Bonds.
$4,000 No.
Know all men by these presents,
That the Town of st. Joseph, of the
Parish of Tensas, in the State Of
Louisiana, by the Mayor and the
Board Of Aldermen, the governing au.
thority of said Town, and acting fol
and on behalf or same, acknowledge
itself to be indebteded, and for value
received promises to pay to bearer
the sum Of ONE HUNDRED DEL
LARS (S100.00) on the first day Of
April, 49, together with interest
thereon from the date hereof, until
paid, at the rate Of FIVE per cent
per annum, payable semi-annually on
the first days Of October and April
of each year until payment hereof
upon the presentation and surrender
of the interest coupon hereto attached
as they severally become due. Both
principal and interest Of this bond
are payable at the office of the May.
or and the Board of Aldermen Of
the Town Of st. Joseph, La, or al
the Marine Bank & Trust Co., in the
city of New Orleans, La, at the op
ton of the holder, in gold coin OF
the United States Of the then present
standard of weight and fineness.
This bond is one of a series Of
like date, tenor, and amount, issued
for the purpose of providing funds
for the erection and equipment of az
electric light plant with all accesso
ries in the Town of St. Joseph, Par
ish of Tensas, Louisiana, title to al
of which shall vest IN the public
pursuant to and in strict accordance
with Article 281 of the Constitution
of Louisiana, and statutes and law
carrying same into effect, and is au
thorized and approved by the vot'
of a majority in numper and amour
of the property taxpayers qualified
to vote thereon voting at specia
election duly and regularly callet
and held in and for the Town of ST
Joseph, Tensas Parish, Louisiana, a
provided by the Constitution and law
of the State of Louisiana.
It is hereby certified and recite,
that all acts, conditions, and thing
required by the Constitution an
statutes of Louisiana to be done pre-
cedent to and in the issuing of thi
bond, have been done, executed an
performed in regular and due forr
and manner, that the total indebted
; ness of said Town does not excee
any constitutional or statutory linn
tation, and that provision has bee
made for the collection Of an annus
tax on the taxable property in sal
Town sufficient to pay the intere:
of said bonds and the principal fall
: ing due each year, and the full faitl
, credit and resources of said town al
: irrevocably pledged for the prong
; and punctual payment of the prir
: cipal and interest Of this bond.
In Testimony whereof, the sal
Mayor and Board of Aldermen Of til