The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1922-06-17

and premium of $5864.5O furnish
blank bonds and pay fee of attorney
for approving same. Funds to be
deposited in Bank of Ascension. For
S 12 per cent bonds, par, accrued in
terest and premium of $1,000, fur
niGh blank bonds and pay fee of at
torney for approving bonds. Funds
to be deposited in the Bank of AS
censlOn.
Interstate Trust and Banking Com
pany, New Orleans, par, accrued in
terest and premium of $2975. pro-
vided the Interstate Trust and Bank
ing Company is made depository of
the funds.
After careful consideration and
general discussion of the several bids,
the police jury reached the conclu-
sion that the bids of the Hibernia
Securities Company. Inc, for 5 N per
cent bonds of both issues were the
most attractive and best.
Mr. Wright moved that the bid
of the Hibernia Securities Company,
Inc, for the $4,000 issue Of parish
refunding bonds, at S IL per cent in
terest, be accepted. The motion was
seconded by Mr.. Martin. Roll-call
on the motion resulted as follows:
Ayes-Stuart, Reuss, Leblanc, c. H.
Landry, Sr., Martin, Wright, J. we
Landry and Eby. Nays-None. And
the motion was declared adopted.
Mr.. Martin moved that the bid of
the Hibernia Securities Company,
Inc, for the $4,000 issue of Road
District No. bonds at S 1a per cent
interest, be accepted. The motion
was seconded by Mr. Wright Roll
call on the motion resulted as fol-
lows: Ayes-Stuart, Rtuss, leblanc,
c. Fl. Landry, Sr., Martin, Wright,
]. we Landry and Eby. Nays
None. And the motion was declared
adopted.
The following ordnance was offer
ed by Mr.. Martin, seconded by Mr..
j. we Landry:
AN ORDINANCE
To amend and re-enact an ordinance pro.
vidlng for the issuance and sale OF
bonds of the parish of Ascension, state
of Louisiana, to the amount OF nifty
thousand 1851, ,000) dollars, au-
thorized by the property taxpayers OF
the parish of Ascension, state OF LOUIS |
lana, at a special parish-wide election |
held in said parish on the l4th day of |
March. 1922; said bonds to bear in |
terest at the rate of six 60 per cent |
per annum, payable semi-annuaily.
Be it ordained by the police jury OF the
parish of Ascension. that the ordnance
adopted by the police jury of the parish OF |
Ascension. at the meeting of said ponce
jury held on March Is, 1922, entitled an
ordinance providing for the issuance anu
sale of bonds of the parish of Ascension
state of Louisiana, to the amount OF n1ty-
seven thousand 1857 7,000) dollars, authof-
lied by the property taxpayers OF the par
ish of Ascension, state of Louisiana, at |
special parish-wide election held IN aa saao
parish the 14th day of March, i9zZ
said bonds to bear interest at the rate Oh
six 90 per cent per annum, payable se"i
be amended and re-enacted So Do
to read as follows:
Section l. Be it ordained by the ponce
jury of the parish of Ascension, state Oh
louisiana that the president and secretary
Of the police jury be and they are herepy
authorized and directed to have prepareo anu
execute in the name of the parish o1 Ases
sion, state of Louisiana, and .1or anu III
half of said parish of ASCENSION sta'e ~.
negotiable coupon bonds IA
sum of fifty-seven thousand tS5I .ooo' ooi-
lars. Said issue shall consist OF one nun
red and fourteen tl14) bonds WHICH n' 81
all bear date of April Is. 1922 ana shan slon. o
Of the denominations of five hundred '$ooo,
dollars each. and shall be numbered from rom |
81 to ella, both numbers inclusive. "a"
Of said bonds shall bear interest at the fa.e
Of Ave and one half (5A) per cent p
annum payable the 18TH day Oh oet'
1922 and sem-annually thereafter on Ins
fifteenth day of April and october ia ss
erest coupons attached to sald nohus a.u
said bonds shall become due ana pasaoie O.
Follows, to-wit:
c. to c. s2500 April Is, 1923