The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-09-01
EXTRACTS FROM PROCEED.
INGS OF SCHOOL BOARD

Arcadia La, August 1881.
The Bienville Parish School Board
met on the above date at the above
named place with the following mem.
bers present: ]. W. Sutton, Ward One
H. A. Sherman, Ward Two; W. W.
Poole, Ward Three; s. J. Burkhalter.
Ward Four; H. N. Hays, Ward Five:
R. J. Mostiller, Ward Six; P. F.
White, Ward Seven; and a quorum.
Mr.. H. N. Hays offered the follow
ing resolution and moved its adoption
Whereas, in pursuance of a resolu-
ton by the Bienville Parish School
Board on April 6, 1920, there was held
in and throughout School District No.
. of the Parish of Bienville, La, on
May q, 1920, a special election at
which was submitted proposition tc
incur debt and issue bonds in behalf
Of said School District No. 5 in the
sum Of Fifty Thousand ($5OOOO.OO)
Dollars to run over period of twent!
years. bearing interest at the rate of
five per cent per annum, payable semi
annually, for the purpose of construct
ing and equipping school building in
School District No. 5, and on May %,
1920, the Bienville Parish Schoo'
Board canvassed the returns of said
election and declared the results in
favor of mourning said debt and is
suing said bonds; and,
Whereas. said Bienville Parish
School Board did on May %, 1920
adopt a resolution providing for the
issuance in behalf of School District
No. 5 of said Fifty Thousand ($50,OOO.-
OO) Dollars of bonds in the den0mina-
ton of Five Hundred ($5OOOO) Dol
lars each, numbered from One to One
Hundred, both inclusive, dated Aug.
1, 1920, due serially On Feb. LIST of
each of the years 1921 to 1910, both
inclusive, payable semi-annually on
Feb. LIST and Aug list; and,
Whereas, said bonds have not been
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,0O0.O0) Dollars,
all dated August LIST, 1920, all in the |
denomination Of Five Hundred $500. |
OO) Dollars, numbered from One to
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 bonds
heretofore authorized bearing 5 pei
cent interest, except the bonds now
authorized shall bear interest at the rate |
of 9 per cent per annum, payable
semi-annually, on Feb. 1st and Aug
LIST.
BE it further resolved by the Bien.
Vile Parish School Board, That tho
Secretary of this Board be and is here
" authorized and directed to make
publication in the official Journal of
his Board for a period of Sixty days
# the intention Of this Board to ISSUE
aid bonds, to bear interest at the rate
# 6 per cent interest per annum, pay
lble semi-annually, instead of 5 per
ent per annum.
On roll call the members of the
Board voted as follows: Aye: ]. W.
sutton, H. A. Sherman, W. W. Poole.
J. J. Burkhalter, H. N. Hays, R. j.
lostiller and P. F. White. Nay: Ab-
ent.
Notice.
Notice is hereby given that in con-
ormity to resolution adopted by the
'ienville Parish School Board at its
leeting on Aug. IS, 1921, and in &C.
ordnance herewith, said Board will, af-
n due advertisement hereof and in
ne absence Of a petition or remon-
trance signed by not less than 10 pei
snt Of the property tax payers quail
ed to vote in School District No. 81 [