The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-10-20

Poole. Ward Three; s. J. Burkhalter'
Ward Four; H. N. Hays, Ward Five:
r + Mostiller, Ward Six; T. f.
White Ward Seven: and a quorum
Mr. H. n. Hays offered the follow
Ing resolution and moved its adoption
Whereas. in pursuance or a resolu.
ton by the Bienville Parish schoo
Board on April 6, 1920, there was helo
in and throughout School District NO.
( Of the Parish Of Rienville, La, or
Nov o1 1920. a special election at
,lh; was submitted proposition I, I.
incur debt and issue bonds III oehall
# sojd school District NO; . IN IN o en,
snm Of FIFTY Thousand (S'o'ooo.oo!
Dollars to run over a period OIL tWenl y,
u ro"rs hearing interest at the rate OF
five ner cent per annum, payable SEM
annually ann for the purpose of CONSTRUCT
T.. ing and equipping a school building IL II
| srhoo1 District No. 5, and on May =
1920, the Biepville Parish scnoo
f BOARD canyassed the returns OF sa!o
e election and declared the results II
q FAVOR of mourning said debt and IL
7 suing said bonds; and.
Y wboroas said BlenvIlle Parish
II School Board did on May ~, l92o
II adoot A resolution providing for tn
= ;ysrgrcp in behalf Of School Dlstrlc
10 ) of said Fifty Thousand (soo'ooo'
Inclusive. payable semi-annualy o.
O. Feb, list and Aug list; and,
Whereas, said bonds have not pee
Is sold and. in the opinion OF the boar'
IL cannot be sold at par and accrued H.
re trrest at 5 per cent bonds; now 'nei'
~. fore, D.,c
" " Pa # resolved by Blenviile ParlS
III School Board, That the presldeh,
his Board be and is hereby autno
0m Dollars Of bonds in the de en( III
t tinu Of Five Hundred (SoOo.W) D ol
'o' lars each. numbered from One TO vi
Hundred, both inclusive, dated AL
a, 1920, due serially on feD. ISL
oach of the years 1921 to 194o' DO
ct led and directed to have prepared al
Irt, nyccnte and deliver to the purchas
thpreof Bonds of the Bienyllle iarl
a School Board in behalf of School u
gut trict No. 5 of said Parish, payable
BILE the bearer in the aggregate amount
Bile Tiftv Thousand ($5O,OO0OO) Dolla
eiz- all dated August LIST, 1920, all IN 1T
asst denomination Of Five Hundred (So'
me con Dollars, numbered from one
ipal One Hundred, both inclusive, and
fice turing on February LIST Of the ye'
it'll. 1921 to 1910, both inclusive, IN
same amounts as heretofore provo
921, for, the maturity of said bonds De
to. inc interest at S per cent, said Dol
70 conform in all respects to the DO
heretofore authorized bearing .
ized cent interest, except the bonds
r. authorized shall bear interest at the
+isfv Of 6 per cent per annum, pays
,,s semi-annually, on Feb. LIST and 4
!. 1st.
lie, Be it further resolvei by the 5
La. v;,,o Parish School Board, That
secretary Of this Board be anu In ~ :, u
by authorized and directed ~ -
n,hlication in the official Journa
how R l%is Board for a period Of Sixty
,trict ~ the intention Of this Board 10
arish said bonds, to bear interest at Tue
Of 6 per cent interest per anna s
if of able semi-annually, instead Oh
nam cent per annum.
irect- On roll call the members u
+ for BOARD voted as follows: aye; q y
r fol sutton, H. A. Sherman, ". W. I
It, at s J. Burkhalter, H. n. Hays, n
,ourt- Mostiller and P. F. White. Nay
arlsh, sent.