St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1922-05-06
TOWN COUNCIL.

! lowing resolution Tor adoption:
1 Resolution of the Mayor and Board
| of Aldermen Of the Town of
Covington, Louisiana.
A resolution proposing TO incur
debt and issue bonds Of the Town OF
! Covington. in the Parish OF St. Tam
many, State of Louisiana, for certain
purposes, and ordering a special
electon for the purr ose of submit
ing to the property taxpayers Of said
town, the propositions for said pur-
pose.
| Section 1. Be it resolved by the
Mayor and Board of Aldermen OF the
Town of Covington, in the Parish OF
st. Tammany, State of louisiana,
That it is necessary to incur indebt-
edness and issue bonds OF said Town
of Covington, La, at the ia to, in the
amounts, and for the purposes here
matter mentioned, and appearing, III
the propositions hereinafter set forth
Section 2. Be it further resolved,
ETC., That a special election be and
the same is hereby called and order
ed to be held in said Town on Tues
day, the sixteenth day of May, 1922,
between the hours of I a. N. and
6 p. N.
Section 3. Be it further resolved
etc, That at said SPECIAL election
there shall be submitted to the
property taxpaying electors Of said
Town qualified to vote under the
Constitution and Laws of the State
of Louisiana, the following PROPOSE
tions:
Proposition for Waterworks Bonds.
| To incurdebt, and issue and sell
negotiable semi-annual interest bear
ing bonds Of said Town OF Covington,
Louisiana, to the amount of eighty
thousand ($30,000) dollars, evident
ing the said Indebtedness, for the
purpose Of providing funds for pur-
chasing or constructing waterworks,
the title to which SHAH be IN the
public. Said bonds to bear interest
at the maximum rate OF per cent
per annum, payable semi-annually,
and to run for thirtyfve $3.50 years
from the date of the bonds, and the
principal and interest to be payable
at such place as the governing au-
thority may determine; and both
principal and interest to be secured
and paid by a sufficient special tax
levied and collected in each of the
years while all or any of said bonds
are outstanding, in accordance with
THE provisions Of Article XIV, Section
IA, Of the Constitution and Laws OF
Louisiana.
Proposition for Sewerage Bonds.
To incur debt, and issue and sell
negotiable semi-annual interest bear
ing bonds Of said Town to amount
of fifty thousand ESQ, 000) dollars,
Ievidencing the said Indebtedness, for
the purpose OF providing funds foi
constructing sewers, the title to
which shall DE in the public
Said bonds to bear interest at the
maximum rate OF s per cent per an
mum payable semi-annually and to
run for thirty-fiVe $3.50 years from
the date OF the bonds; and the prln-
cipal and interest TO be secured and
paid by a sufficient special tax levied
and collected in each of the years
while ali or any of said bonds are
outstanding, in accordance with the
provisions Of Article XIV, Section Ii,
of the Constitution and Laws Of Lou
isiana.
Section A. Be it further resolved,
ETC., That a notice Of said special
election, signed by the Mayor and
Secretary, be duly advertised for
thirty days, in accordance with law,
in The st. Tammany Farmer, the
official journal of sad Town; the
notice of the election to embrace
substantially all things set forth
herein, and to further state that the
Mayor and Board of Aldermen viii
meet in open session in the Town
Council Room on Boston Street, at
10 o'clock a. M, on Wednesday,
the 18th day Of May, 1922, and then
and there proceed to open the ballot
boxes, examine and canvass the re-
turns and declare the results Of such
election, and make a process verbal
Of its proceedings.
The form Of ballots to be used i'll
said special election shall be as fol-
lows:
For the Issuance of Waterworks
Bonds.
Shall the Town of Cow I----
ington, La, incur debt and
issue bonds to the amount YES
of eighty thousand and no
100 ($80,000) dollars to
run thirty-fve (35) years
from date thereof, with in |------j
terest at the maximum rate
of per cent per annum, NO
for the purpose Of purchas-
ing or constructing water
works, the title to which
shall be in the public. i--l
Taxable valuation ...........
Signature Of Voter.
Notice to VOters-To vote in favo,
of the proposition submitted on this
ballot, place a cross (X) mark in
the square after the word YES,
to vote against it, place similar
mark after the word mo"
For the Issuance of Sewerage Bonds.
Shall the Town of Cov-l------
ington, La, incur debt and
issue bonds to the amount YES
Of fifty thousand and no
100 ($5O,00O) dollars, to
run thirty-five $3.50 years
from date thereof, with in ----- -------
|terest at the maximum rate
of per cent per annum No