The weekly Iberian. (New Iberia, La.) 1894-1946, 1922-09-30
Mayor, Trustee Of Public Safet.

date January lSt, l9ZZ, No.-
Mayor. Trustee Of Public Safety
Said certificates shall be signed by
the Trustee of Public Safety Mayor
ana the Trustee of Public Property
EEK offico City Clcflsl and have af-
fixed thereto the seal Of said City.
and 4 fac-simile of the signature Of
said Trustee of Public Safety
(Mayorl shall be printed or litho-
praphcd upon the interest coupons
thereto attached. The said Trustee
of Public Safety Mayor and Trus-
tee of Public Property (Ex-oi.lclo
CITY Clerk are hereby authorized
and directed to execute said certlti-
Gates and the Trustee Of Finance IS
hereby authorized and directed to ad-
vertise and sell said certificates by
sealed proposals, to the highest bid
der: provided same shall not be sold
for Loss than ninety-fivc per cent Of
their par value, meaning principal
and interest accrued to date OF deli.
very.
Adopted finally this 25th day of
Sept. 1922.
ED. LaSALLE, Mayor.
The Auditors report for period
ending June 30th, 1922. was read and
ordered spread on the minutes on
motion of Mr.. Villermin, seconded by
Mr.. LaSalle.
Report on the Examination of the
Books and Records of the City of
New Iberia, for the Period June
n. 1927 to June 30th. 1922, by l..
G.. Menuet, Public Accountant.
INTDnnIffvrJnN
Lake Charles, La, Sept. / 1922.
Messrs. Edward LaSalle, Mayor:
L. +. Villermin, Trustee of Public
Property; J. ID. Broussard, Trus-
tee of Finance, members Of the
Commission Council for the City
of New IBERIA. Louisiana, New
Iberia, Louisiana.
Gentlemen:
In accordance with instructions
embodied in a resolution adopted by
your Honorable Body, ! have made
an audit Of the Books and Records
Of the City Of New Iberia and am
submitting herewith a report cover
ing the results of my examination.
This audit covers the period be-
tween dates of June 27th, 1921 and
June Goth, 1929, and follows immedi-
ately after the close Of my last au-
dit which ended with the close Of the
administration headed by Mayor IL.
S. Sealy.
The report is embodied in four
main Exhibits supported by detailed
schedules. Exhibits Al and Az show
the result Of operations for the
Light, Power a Water Plant and
Exhibits B-1 and BIZ the operations
for the General Fund and those Spe
cial Funds whose moneys are carried
i'm the General Bank account.
In addition Exhibit &C" shows the
condition of affairs in the Sidewalk
Fund and Exhibit ID" the Duperier,
Iberia and Center Streets Paving
Fund.
LIGHT, POWER & WATER PLANT
Exhibit Al, Page II to IA.
This exhibit shows the result OF
operations for the six months ending
December 31st, 1921, and is divided
into three parts: (a) Receipts; (bp
Disbursements; (c) Balances at L.
31-I921, which are divided into Los
SEES and Gains and Assets and Liabil
tiles.
Trustee Broussard opened his
Light, Power a. Water Books at
June 9th, 1921. with cash balance
of $S.01, and the following liabili-
ties
General Fund ......... .$3,948. 80
Sidewalk Fund .......... 1908. 46
$75,000.00 Road Fund. ..... $50 90
Liabilities. ......... .$6.507 SO
The Liabilities at 6-27-21 Of &c.
507.36 represent Old Indebtedness Of
the Plant and therefore are not
charged to current operations.
The total gains for the Six (6)
months ending December 3lst, 1927
equaled $3l ,590.96 The expenses for
the same period amounted to $780,
06432. The balance equals net loss
of $t,473.36. All Of the accounts con-
tanned in this Exhibit are the same
as those on Trustee Broussard's
books with the exception Of the fol-
lowing items which were paid from
the General Fund in this period, but
were not charged to the Light, Pow
er 4 Water Plant expense.
Interest on Oil Engine
Certificates ..........S $50 .0S
Oil Engine Certificates. -. $500 90
=
TataJ or sEo m