The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1921-12-31
BOND RESOLUTION.

On motion of Commissioner Shields
duly seconded by Commissioner KEEL,
thief GLOWING resolution, after discus
sin. was unanimously adopted.
BE It Resolved, That this Board
availing itself of the authority vested
in it by Act No. 141 Of the Acts of
the Legislature Of the State of Louisi-
ana for the year 1916. entitled AN
Actto apthorize the Board of Com
rnissioners for he Fifth Louisiana
Levee District to issue ard negotiate
bends not to exceed One Million Dol
lars additional to the issue authorized
by Section IL. Of Act a. of 1885, and
Act 134 of the General Assembly of
Louisiana, Session of 1912, do issue
its bonds to the amount fo S25O.OOO
of the denomination of Isl ,00O.OO)
One Thousand Dollars each; said
bonds to be payable 10 bearer, to be
signed by the President of this Board
officially. and attested by the sigma
ture of the Secretary Of the BMoard ;
to become due in fifty years, and to
be payable at the option of the Board
in forty years from the date of their
issue; to bear interest at the rate Of
five per cent per annum from the
date of their issue; said interest to
be evidenced by coupons attached to
said bonds; payable semi annually,
payable at the Office of the State
Treasurer of Louisiana, Baton Rouge,
La, and subject 20 all the terms, pro-
visions a ndconditions of said Act 14l
of the Acts Of the Legislature of the
State of Louisiana for 1916, and for
purposes get forth herein.
Be it further resolved, That this
resolution and each and every part
and clause thereof and every part and
clause of Act III CT the Acts of the
Legislature Of the State of Louisiana
of 1915, be and they are hereby con-
stituted a part of the contract be-
tween this Board and any AMI all fu-
ture holders fany of said bonds or
coupons, to be issued under the pro-
visions of this resolution and said Act
141, of 1916.
Be it further Resolved. That the
President of this Board is hereby au-
fhorized and instructed to, have (250)
two hundred and fifty bonds of the
denomination of 100000 each, prop
erly engraved as soon as possible,
and to have them bear the date of
January 10, 1929; and numbered
from 1927 to 1777 inclusive.
Be it further Resolved, That the
President Of this Board and the men,
bers are heheby constituted a commit
tee and are instructed to advertise
for bids through the columns of sew
eral periodicals setting forth the date
of sale and maner of sale, for the le-
of sale and manner of sale, for the |
legal length of time. Said bids to be |
sealed and shall be opened by the |
Board of Commissioners, at the domi- |
Gle of the Beard at Tallulah, La, at /
tho specified time Of the advertisement |
Said bonds TO bes old for not less than |
their par value and shall be in the fol- |
lowing form, to-wit:
UNITED STATES OF AMERICA /
STATE OF LOUISIANA
100000 Number 81, 10000
The Beard of Commissioners for the
Fifth Louisiana Levee District
Know all men by these presents,
that the Board of Commissioners of
the Fifth Louisiana Levee District, a
corporation created by Act No. "A, of
the Acts of the Legislature of the
State of Louisiana for the year 1886,
approved July 2, 1886, for value re-
fifty years after date with the option
of said Board of Commissioners to
pay the same after forty years from
the date hereof) the sum of One
Thousand Dollars (S1,00O.0O) to-
gether with interest thereon from the
date hereof until such principal sum
is paid at the rate of five per cent per
annum, payable semi-annually on the
Fifteenth day Of January and July in
each year, on presentation and surren-
der of the respective interest coupons
therefor attached as they severally be-
come due.
Both the principal and interest of
this bond are payable in gold coin of
the United States Of America of the
present standard of weight and fine
hess at the Office of the Treasurer of
The State of Louisiana or at the Fis-