The Donaldsonville chief., 1922-03-18

the office 1;s;ana o. .n and for the endorsement
thareon Of the following certlncate os sa'u
| secretary OF sta'e. ,,rad bv tax. Register
cd on this--..-...---.day oA''''''-''-'
-''sr,, Secretary of State of Louisiana.
Roll-call on the above ordnance rl e
o1'.1+ad M as follows: Ayes-Stuart
fesu.seo panss Leblanc, C. H. Landry, sr.,
Meri, Marfin Wright, J. we Landry and
G;h1eu ei1a1 e,' Navs-None. And the or
1ina d;nance was declared adopted. ,
o''7 NJ Reuss moved that the budget
for the year 1922 be AMENDED ~
striking out items for redemption OF
bonds, $4,000; DonaldsonvlIle hre ae,
nartment, $500; Road Districts l ana
;" sos5: Gonzales High School Ger
+;f;cate. $500; and by inserting IN
snid hndget items for redemption OF
bonds, $4,000 bond issue, $5ooo
pn pnaJ districts and 2, s2465, and
as sot Tins amended that the said budget
Ia 1', aSonted. The motion was sec
onded by Mr.. Sibley. -,
Roll-call on the motion resulted as
follows: Ayes-stuart, Reuss, ne-
B1anc c. Fl. Landry, Sr., Martin
U Wr;cht. !. we Landry and Sibley.
MausMNone. W,u And the resolution
was declared carried.
The following resolution was Oh,
fered by Mr.. G. Fl. Landry seconded
by Mr. Wright. . aha
| BE it resolved ty the ponce Jury q sas ~
nsr;sh Of Ascension, state of Louisiana shat
~ t;nance committee CT the police jury DC
snd they are hereby authorized. empowered
and and directed to borrow from, the Bank OF
Ascension. Donaldsonsille, Louisiana, such
sums and amounts as the heeds q! shE fai
| ish NAV require from time to tlme' NJ
| rate not 10 exceed seven per cent per an
! nun interest, and 10 secure such ioahs ny
The rledre of the parish taxes for the year
| 1929. provided that such loans. in the az
gregate, shall not exceed the sum OK Sh'f'S
I three thousand ts33,00Ol dollars .,
| Re it further resolved. ETC., that the safo
snance committee OF the police jury are
| hereby authorized. empowered ana nrec'eG
r. issue certificates of Indebtedness. secured
| bv the pledge Of the 1872 parlsh taxes lo1
time to time borrow from the said hahk o'
Ascension
Roll-call on the above resolution
resulted as follows: Ayes--Stuart'
Reuss, Leblanc, C. II. Landry, ST.,
Martin, Wright, ]. we Landry and
Sblev. Nays-None. And the reso'
Tuition was declared adopted.
| The following resolution was offer
cd bv Mr.. Leblanc, seconded by Mr.
Martini: u.
| taxnavers of the parish of Ascension. state
| of Louisiana, held Tuesday, March IA
1922, the police jury Of the parish OF AS
| cension, was authorized to issue Fefnndlns
negotiable coupon bonds in the sum OF h1ty
| seven 1851 OO0) dollars. Said bonds &c
bear interest at the rate OF six tos pei
| cent per annum payable semi l-annualiy ano
to run for a period not exceeding twenty
| {2Ol years, for the purpose OF read1ustihs
! refunding, extending and unifying the out
standing general Indebtedness of the par
ish, existing January l, 1921, including the
| balances due on the first and second issues
of parish road bonds, issued under the a'l
| thority of section of Article Isl OF tne
| constitution of 1918, and to secure the said
bonds by pledge of 65-l00 of mill OF the
| general alimony tax of the parish of AS
| cension for a period not exceeding twenty
| 900 pears: therefore,
Be it resolved by the police jury OF the
| parish of Ascension, state. of Louisiana, that
there is hereby irrevocably set aside, pledg:
ed and dedicated to the payment of the said
bonds, in principal and interest. from the
general parish alimony tax OF four mills au-
thorized by the constitution and laws OF the
| state of Louisiana, sixty five one-hundredths
/ (65-1oOl of a mill for the years 1928 to
1912 inclusive, the avails of which said tax
as collected, will be set aside as a trust
fund and used for the purpose OF retiring
| said bonds in principal and interest
Roll-call on the resolution result.
ed as follows: Ayes-Stuart, Reuss,
Leblanc, C. H. Landry, Sr..
Martin, Wright. J. we Landry and
Sibley. Nays-None. And the reso-
luton was declared adopted.
The following ordinance was of
fered by Mr.. Wright, seconded by
Mr.. j. we Landry:
AN ORDINANCE.
An ordinance providing for the issuance and
/ sale of bonds of Road District No. Three
(3) of the parish of Ascension, state
of Louisiana, to the amount Of one hum
dred thousand ts1oo.000) dollars. au.
| thorized by the property taxpayers OF
said Road District No. Three {3) at an
election held in said Road District No
| Three (3) on Tuesday, March IA, 1922
| said bonds to bear interest at the rate
| of six t6) per cent per annum, payable
! semi-annually.
Section /. Be it ordained by the police
| jury ofthe parish of Ascension, state OF
| Louisiana. the governing authority of Road
| District No. Three (3) of the parish of AS
| cension, state of Louisiana, that the presi-
dent and secretary of the police jury be and
| they are hereby ordered and directed tc
have prepared and to execute in the name
of the police jury the governing authority
| of Road District No. Three (3) of the parish
of Ascension. state of Louisiana. and for
and in behalf of said Road District Ne.
| Three 49, negotiable coupon bonds in the
sum of hundred thousand {$100.oo0)
dollars. Said issue shall consist of two
hundred t200) bonds which shall bear date
of April Is, 1922. and shall be of the de-
nominations of five hundred (s5O0I dollars
each, and shall be numbered from Al to
A-200, both numbers inclusive. All of said
| bonds shall hear interest at the rate of six
| l6) per cent per annum, payable on the 15th
| day of October, 1922 and semi-annually
| thereafter on the fifteenth day of April and
| October in each year. Said interest to be
evidenced by interest coupons attached to
| said bonds and said bonds shall become due
and payable as follows, to-wit: =