Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1921-03-25

on delayed payments OF certificates
representing loans made be allowed
and the president directed to issue
warrants for same.
On motion of Commissioner Young,
seconded by Commissioner Shields,
the following resolution was adopted:
Whereas, This board notes with
satisfaction the ordinance introduced
in the Constitutional Convention by
Mr.. Mcclellan, as follows
The General Assembly is authorized
to create an emergency Finance Com
mission, composed of the Lieutenant
Governor, State Treasurer and Aud
itor of Public Accounts; being clothed
with full authority as emergency de-
mands, to fix rates of interest on
bonds of the State, or any. sub-divis-
ions thereof not exceeding (6%o) six
per cent per annum.
However, vesting in said Commits
sion with full discretion in all emer-
gencies, the sale of bonds at par, or
not less than (95) ninety five.
To permit Levee Districts, School
Board, and Police Juries to anticipate
revenues by issuance for short term
certificates not exceeding 90 three
years, and to fix rates of interest on
short loans certificates not exceeding
(6%) per annum and to fix bonus
not exceeding (2%) thereon in
emergencies.
The board hereby endorses same
and hopes that the Convention may
adopt it or a similar measure in aid
of the State Boards in times of
emergency.
On motion of Commissioner Young,
seconded by Commissioner Boney, the
following resolution was adopted:
Whereas, having heard the report
of Mr.. Geo. Spencer, special Atty.
relative to title to Section 80, T. Is,
Range IA, East, in Madison parish,
containing 208.80, acres and being ac-
ceptable to the board:
Resolved, That said Attorney be
instructed, that when formal suit is
filed in this matter, he is authorized
to file answer therein and in said
defense to keep in mind any and
all equities, if any in favor of either
party; it not being the policy to
cause injury or loss to any of its tax
payers by a resort to technicalities.
On motion of Commissioner Young,
seconded by Commissioner Kel, the
following resolution was unanimously
adopted:
Resolved, That a committee, COM
posed of one member of this board
from each parish, of which the presl-
dent shall be member, be appointed
for the purpose of determining the
best methods of inspection Of the
levees in this district; for the purpose
of determining whether or not the
salary of the President shall be per
diem salary or fixed salary, and the
amount of the same; for the purpose
of determining the duties of the Sec
retary-Inspector of this Board, and
his salary; and to report back to this
board at lis regular meeting in April,
its recommendation on these sub
iects and the reasons for. the various
recommendations.
Be 1t Further Resolved, That in
arriving at a determination of the
best methods of accomplishing the
purpose referred to that they consult
with the Honorable John M. Parker,
Governor of the State of Louisiana
and with the State Board of Engi-
neers. .
Mr.. Schneider, President, appoint
ed the following committee to carry
out the above resolution: Comr.
Boney, of Madison, COmr. Young,
| Tensas, Comr. Lambdin, Concordia
together with the President.
Mondy, March 2Sth, 1921, was
fixed as the date for this Committee
to meet in Baton Rouge, to confer
with the Governor and Representa-
J tives of the Board of State Engineers
relative to the above resolution.
On motion of Commissioner Young
seconded by Commissioner Boney, the
following resolution was adopted
Be 1t Resolved, That the President
of this Board is authorized and di'
rected to draw on the Marine Bank
and Trust Company, and the Canal
! Commercial Trust and Savings Bank
of New Orleans, each for the sum OF
$6,25O.OO, the said warrants being
in favor of the State Treasurer, ant
the money to be deposited with thai
official to replace certain funds
hitherto enormously drawn from thu
State Treasury and used for the con
struction of levees in the district.
i I'm motion of Commissioner Shields