The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-09-22

wears. bearing interest at the rate "
five Der cent per annum, payable seml
annually, for the purpose OF eonstiut.
Ipg and equipping school bulidlns o 10
School sri District No. 5. and on May q.
1920 the Bienville Parish schoo
Board canvassed the returns or SAID
election and declared the results ID
favor of incurring said debt and Is
suing said bonds; and,
Whereas, said Bienville Parish
School Board did, on May p, 1920
adopt a resolution providing for the
issuance in behalf of School District
No. 5 of said Fifty Thousand ($5O,OOO.-
OO) Dollars of bonds in the denomina-
ton of Five Hundred ($5OOOO) Dol
lars each, numbered from One to One
Hundred both inclusive, dated Aug
/, 1920, due serially on Feb. list of
each Of the years 1921 to 1910, botl
inclusive, payable semi-annually or
Feb. LIST and Aug list; and,
Whereas. said bonds have not beer
sold and, in the opinion of the Board
cannot be sold at par and accrued in
terest at per cent bonds; now, there
fore,
Be it resolved by Bienville Parish
School Board, That the President OF
this Board be and is hereby author
lied and directed to have prepared and
execute and deliver to the purchase
thereof Bonds of the Bienville Parish
School Board in behalf of School Dis
| trict No. 5 Of said Parish, payable. tt
the bearer in the aggregate amount OF
Fifty Thousand ($5O,0O000) Dollars
all dated August list, 1920, all in the
denomination Of Five Hundred $500.
OO) Dollars, numbered from One t'
One Hundred, both inclusive, and ma
turing on February list Of the years
1921 to 1910, both inclusive, in the
same amounts as heretofore provided
for, the maturity of said bonds bear
ing interest at per cent, said bonds
to conform in all respects to the bond
heretofore authorized bearing 5 pc
cent interest, except the bonds now
authorized shall bear interest at the rate
of 6 per cent per annum, payable
semi-annually, on Feb. LIST and Aug
LIST.
Be it further resolved by the Bien
Vile Parish School Board, That thu
Secretary of this Board be and is here
BY authorized and directed to make
publication in the official Journal OF
this Board for a period Of Sixty day.
Of the intention Of this Board to issue
said bonds, to bear interest at the rate
of 6 per cent interest per annlm, pay
able semi-annually, instead Of 5 pei
cent per annum.
On roll call the members Of the
Board voted as follows: Aye: J. W
!. Sutton. H. A. Sherman, w. W. Poole
IS. ]. Burkhalter, H. N. Hays, r. ]
MOstiller and p. F. White. Nay: Alb
sent.
Notice.
Notice is hereby given that in con
formity to resolution adopted by thu
Bienville Parish School Board at its
meeting on Aug. IS, 1921, and in &C
cordance herewith, said Board will, af
ter due advertisement hereof and il
the absence Of a petition or remon
STRANGE signed by not less than 10 PEI
cent Of the property tax payers quail
fed to vote in School District No.
Of said Parish and filed with said
Board, proceed to issue and sell Fifty
Thousand ($50,O0O.O0) Dollars OF
bonds for and in behalf of School Dis
trict No. 5, in the denomination of Five
Hundred ($5O00O) Dollars each, mum
bered from One to One Hundred, botl
inclusive, dated Aug. LIST, 1920, matur
ing serially on Feb. list Of the years
1921 to 1910, both inclusive, and bear
ing interest at the rate Of 6 per cent
per annum, payable semi.annually, or
Feb. LIST, and Aug. list, instead of is
suing and selling said bonds to beal
. per cent interest as heretofore auth