The Bienville Democrat., 1922-05-25


State, who voted at an election regt
larly called and held for the purpos
after notice published in the manne
required by law"
Be it resolved and ordained, BY tn
Parish School Board Of the Parish o
Bienville, Louisiana
Section |. That the President ant
Secretary Of this Board be, and the,
are hereby. authorized and directed
to have prepared and to execute in TIT
name of the Parish School Board, o
the Parish Of Bienville, Louisiana, fo
| and in behalf Of School District Mum
| Der 16 Of said Parish Of Bienvlllc
| Louisiana. forty negotiable bonds mum
| bered one to forty, both numbers in
elusive, and in denominations Of Five
Hundred Dollars t$j0000) hearing
the date Of August |, 1922, and ma
turing and being due and payable a
| follows: Numbers ! to ;. both III
elusive, bonds due and payable Aug
| uSt |, 1928: Numbers t TO &. both III
elusive. bonds due and payable Aug
ust i, 1924; Numbers I to 3, botl
inclusive. bonds due and payable Aug
uSt |, 1925: Number 10 to Il, both
inclusive, bonds due and payable Aug
ust |, 1926: Numbers II to II, both
| inclusive, bonds due and payable Aug
uSt |, 1927; Numbers IS to u. both
inclusive, bonds due and payable Aug
ust /. 1928: Numbers - to -. both
inclusive. bonds due and payable Aug
uSt /, 1929; Numbers II to 80, both
inclusive. bonds due and payable Aug
ust I. 1890: Numbers 81 to 81, both
inclusive, bonds due and payable Aug
yst /, 1881; Numbers 36 to 40. both
inclusive bonds due and payable Aug,
ust /. 1882. All bearing interest at
the rate Of six per cent per annum.
payable semi-annually Oh the first day
IF February and the first day IF Aug
ust Of each and every year, until the
payment of the principal sum there
on, both principal and interest, Of said
bonds to be payable at the office of the
Whitney-Central Trust 4 Savings
Bank, New Orleans. Louisiana, and the
said bonds shall be known as "ScfIool
District Number 16 Bonds"
The interest on said bonds snall be
evidenced by proper coupons attached
to ech bond and both principal and
interest of said bonds shall be due
and payable in gold coin of the United
States Of the then present standard
weight and fineness. Said bonds shall
he signed by the President of the Bien-
vile Parish School Board, Of the Par
ish of Bienville, LouiSina. and atteSted
by the Secretary thereof. but said in
terest coupons may be executed by a
facsimile signature Of said President
and said Secretary.
Section 3. Be it further resolved
and ordained. etc, That said bonds
and the interest coupons attached
thereto shall be in substantially the
following form, tO-wit:
UNITED STATES OF AMERICA
State of Louisiana
Parish Of Bienyille
School District No. IS Bond
$4,000 No.."...'
Know all men by these presents
That School District Number 10 or
the Parish of Bienville, in the State
Of Louisiana. by the Bienvltfe Parish
School Board, the governing author
ity of said School District Number
IS, and acting for and on behalf OF
same, acknowledges itself to be in
debted, and for value received prom
ises to pay to bearer the sum of Five
Hundred Dollars on the first day OF
................19 1872, together with interest
thereon from date hereof, until paid.
at the rate Of six per cent per an
nun, payable semi-annually on the
first days of February and August OF
each year until payment hereof, up.
on the presentation and surrender OF
the interest coupons hereto attached
a. they severally become due. Both
principal and interest Of this bond
are payable at the office of the Whit
ney- Central Trust and Savings Bank
New Orleans, La, in gold coin OF
ttp United States Of the then present
weight and finensss.
This bond is one of series of like
date, tenor and amount. issued for
the purpose Of providing funds for the
erection and equipment of a school
building in said School District No.
16, title to all Of which shall vest ID
the public, pursuant to, and in strict
accordance with Article XIV Of the
Constitution Of the State Of Loulsl'
ana. Of the year 1921, and the
statutes and laws carrying same into
effect. and is authorized and approx
ed by the vote Of a majority in num-
her and amount Of the property tax
PAYERS qualified to vote thereon Vot-
ing at a special election duly and
regularly called and held in and fol
School District Number 16, OF the Par
ish of Bienville, Louisiana, as provided
by the Constitution and laws OF the !
State of Louisiana.
It is hereby certified and reclted
that all acts, conditions, and things
required by the Constitution and
Statutes of Louisiana to be done pre-
cedent to and in the issuing Of this
bond, have been done, executed and
performed in regular and due form anf
manner, that the total Indebtedness OF
said School District does not exceed
any constitutional or statutory limi.
tation, and that provision has been
made for the collection Of an annual
tax on the taxable property in said
School District sufficient to pay the
interest Of the said bonds and the
principal falling due each year, and
the full faith. credit and resources of
the said School District Number 16
are irrevocably pledged for the
propmt and punctual payment Of the
principal and interest Of this bond.
In testimony whereof, the said Bien'
Vile Parish School, Board Of the Par
lsh Of Bienville, Louisiana as the gov
prning authority of and acting for and
IN behalf Of said School District No.
l6 has caused this bond to be sign