The St. Mary banner., 1922-08-05

-
Bonds Nos. B-97. B-gs ROO
BLOC, BIOL, B-l02, bios. R-10f
BIOS and BLOC of the dcn,mi7a'
ton OF $4,000 each, due on the 18th
day of Sept, 1898.
Bonds Nos. BLOT, Bios, B-109
Bio, Bill. R-112, E-II3. Bill
B-l15 and big of the dcnomjHa.
tlon of S500.00 each, due on the 18Th
day of Sept, 1889.
Bonds Nos. BIZ, B-11S. R-11o
B-120, B-12l, B-122, B-l23, B-124'
B-125, B-126 and B-127 of the demo.
miration of $4,000 each, due on tho
18th day of Sept, 1910.
Bonds Nos. B-12S, B-129, R-13O
B-131, B-132, B-133, B-134. B-135,
B-1"G, B-137 ard B-13S of the demo,
mination Of S50000 each, due on the
18th day of Sept, 1871.
Bonds Nos. B139, B-l40, B-l41,
B-142. B-143, B-144, BIAS, big
B-147, BIAS, B-149 and B-l5O of the
denomination of $4,000 each, due ON
the 18th day of Sept, 1912.
Sec. 3 There shall be imposed
and collected annually in excess of
all other taxes, tax on all the
property subject to taxation by the
Town of Franklin under the Consti-
tuition and Laws of Louisiana, suffi-
clent in amount to pay the interest
on said bonds semi annually, and the
principal thereof falling due each
year, said tax to be levied and COL
letted by the same officers at the
same time, and in the same manner
as the general taxes of the Town of
Franklin, and the Mayor and Coun-
cilmen of the Town of Franklin here
by obligate themselves to impose and
collect such taxes annually so long
as any of said bonds are outstanding
and unpaid. For the purpose of pay
ing the installments of interest, due
on said bonds on the 18th days of
March and September, 1923, there is
hereby imposed and ordered to be
collected tax of (112) mills on the
dollar for the year, 1922.
duly caused this bond to be issued.
executed and signed on its behalf
Sec. q. That a copy of this res
olution be forwarded to the Assessor
of the Town of Franklin, Louisiana,
who shall assess and extend on the
assessment rolls for the year 1922,
the said one and one-half mill tax
herein levied, ordered assessed and
collected, and that he prepare said
rolls as required by law and return
same in the manner required by law.
See. 5. That a copy of this res
olution shall be recorded in the
mortgage records of the Parish OF
St. Mary, State of Louisiana, and
also published in the ST. Mary Ban
ner the official Journal of the Town
of Franklin, State of Louisiana, in
the manner provided by law, and it
shall be the duty of the Mayor and
Secretary of the Mayor and Council
men of the Town of Franklin. Louis.
lana. to cause such recordation and
to be made.
CHAS. LAUVE,
Mayor.
C. AUCOIN,
Secretary.
The Mayor announced that, as a
resolution had been adopted incur
ring a debt of SEVENTY-FIVE
THOUSAND & NO-1OO ($75,OOO.-
0O) DOLLARS for and on behalf of
the Town of Franklin, and providing
for the issuance of negotiable bonds
to evidence said debt, and providing
for the payment thereof, it was now
in order to ia Ike such steps as were
necessary to comply with the re-
quirements of the law relative to the
advertisement and sale of said bonds.
WHEREUPON, the following res
olution was offered by Councilman
E. A. Boudreaux who moved its ad-
option, which was duly seconded by
Councilman J. Anderson and carried
,y the following yea and nay votes:
Yeas: L. T. Talbot, Marvin Morris,
Tacob Anderson, w. McKerall, Jr.,
:. A. Boudreaux. Nays: None.
RESOLVED. That the Mayor of
he Town of Franklin be, and he is
ereby, authorized, empowered and
irected for and on behalf, and in
he name of the Mayor and Council
len of the Town of Franklin, Louis
ana, to take such steps as may be
ecessary to comply with the re-
uirements of law for the advertise
lent and sale, on sealed bids, of the
'sue of SEVENTY-FIVE THOUS-
ND & NO-1OO ($75,OOO.O0) DOL 9
AIRS bonds of the Town of Frank
n, authorized to be issued under
he resolution adopted at this meet T
lg, upon the following terms and
viz: n
(D Said bonds to be advertised ~
'r sale, on sealed bids, to be re-
eived and opened by the Mayor and h
of the Town of Frank q
n, on the 5th day of September, q
)22. Each bid must be sealed and Il
ddressed to the Mayor and Council d
en- Of the Town of Franklin, Loui- n
ana, and must be accompanied by Il ts
'rtified check on some bank chart 81
ed under the laws of this State, ci