St. Tammany farmer., 1922-12-23
PROCEEDINGSOF
MADISONVIIIE
COUNCIL
+. DEC. 20
Election for Bond Issue for
Roads and Bridges Is
Unanimously Carried
PROMULGATION
OF ELECTION
Proceedings of the Meeting
of Town Council Rel
atiye Thereto

- w - ~ 0oSAAA~AA AVNX-
ative Thereto
Madisonville, La, Dec. 20, 1922.
Minutes of the Mayor and Boar,
OF Aldermen of the Town of Madi
sonvllle, Parish of st. Tammany, La
BE it re1nemoered, That a meetin,
OF the Mayor and Board OF A. derna1
Of the Town Of Madisonyil.e. Paris1
OF st. Tammany, State of Louisiana
was held on he Goth day OF Decem
Der, 1922, pursuant 20 a resolution
OF the Mayor and Board of Alder
men OF said Town adopted Noyem
Der oth, 1922, at their regular meet
ing place IN SAID Town, at WHICH
meeting lue followlns mem;'ers We're
present, to-Wll: h. Il. Haas, JAcN
feIoaI, Oscar F. Golda,e, j.. Il
Perrin, and Octave OulllDer, mayor
Absent: Anthony koepp.
At which meeting Alderman T., R
Haas onered a certain ordinance ano
moved its adoption, and thareupon
Jack telloat seconued the motion ts
adopt said ordinance and said mo.
ton. Was. uhsn and there put t. a
Vote; or the ayes and nays, and tae
roll beng called the vote stood as
folloWs: For the ordinance E K
Haas, Jack Pelloat, Oscar +. Goldat.
J. II. Perrin, and Octave OuH.Der,
mayor. Against the ordinance:
None.
Which ordinance is in words and
figures as follows:
Ordinance of PRONUNCIATION.
Whereas, on Tuesday, the 18th day
of December, 1922, an election was
held in the Town OF Madisonville, st.
Tammany Parish, Louisiana. to de-
termine the proposition:
To incur debt and issue and sell
negotiable semi-annually interest
bearing bods of said Town of Madi-
sonvilie, Louisiana, to the amount of
twenty-five Thousand (S25,0OO.OO)
Dollars, evidencing the said indebt-
'edness, for the purpose Of providing
funds for purchasing material, open
ing and constructing a street or road
and bridges, within the corporate
limits Of said Town, beginning at a
point at the foot of Main Street, and
running to a point at or near the
lighthouse on Lake Pontchartrain,
the title of which shall be in the pub
lie. Said bonds to bear interest at
the maximum rate Of six per cent
per annum, payable semi-annually,
and to run for twenty years from the
date of the bonds, the principal and
interest to be payable at such place
as the governing authority may de-
termine, both principal and interest
to be secured and paid by sufficient
special tax levied and collected in
each of the years while all or any of
said bonds are outstanding, in ac-
cordance with provisions of Article
XIV, Section A., of the Constitution
and Laws of Louisiana.
And, whereas, the returns of said
erection were canvassed by the May
or and Board of Aldermen of the said
Town of Madisonville, La, accord
ing to law, and previous legal notice,
on the Goth day Of December, 1922,
and found to indicate a majority in
number and amount of the property
taxpayers of said Town, qualified to
vote, under the Constitution and
Laws of this State, voting at said
election, voted in favor of said prop.
Osltion, and the ballots cast in said
election were examined and counted
IN number and amount, both for and
against the above proposition and,
Whereas, the result of said count
Tor said proposition was forty (4U)
ballots and thirty-six thousand nine
hundred twenty-five ($36,925.) doll
lars in favor Of said proposition, and
no votes and no dollars against said
and
Whereas, the result of said cleo
ton was therefore declared to BE- in
favor of the proposition above stated.
Now, therefore, be it ordained by
the Mayor and Board of Aldermen
CT the Town Of Madisonville, La, in
legal session convened, That the
Proposition for Public Improvement
Bonds
To incur debt and issue and sell
negotiable semi-annually interest
bearing bonds of the said Town of
Madisonville, La, to the amount of
twenty-five Thousand 5,00O.00)
Dollars, evidencing the said indsbt-..
edness, for the purpose of providing
funds for the purchasing of material,
opening and constructing a street or
road and bridges within the corpor-
ate limits of said Town, the title OF
which shall be in the public. Said
bonds to bear interest at the maxi
mum rate of six per cent per annum,
payable semi-annually, and to run
Tor twenty years from the. date. of
said bonds and the principal and in
,erest to be paid at such place as the
governing authority may, determine,
and both principal and interest to be
secured and paid by sufficient
special tax levied and collected in
each of the years while all or any of
said bonds are outstanding, in ac-
,ordance with the provisions of
Article XIV, Section IA, of the Con-
'titution and Laws of Louisiana.
CARRIED, and said bonds to be
ssued, as proposed, authorized and
,equired to be proceeded with and
inally extinguished by an annual
evy assessment and collection Of
special taxes of all of the property
II said Town of Madisonyille, LOU
siana.
Be it further ordained, etc, That