Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1922-06-16

Be It Resolved, That this Board,
availing itself Of the authority vested
in it by Act No. 141 of the Acts Of |
the Legislature of the State Of
Louisiana for the year 1916, entitled
Gan ACT to authorize the Board Of
Commissioners of the Fifth Louis |
lana Levee District to issue and ne
gotiate bonds not to exceed One
Million Dollars additional to the is
sue authorized by Section IL, Of Act
A Of 1886, and Act '134 Of the Gen.
eral Assembly Of Louisiana, Session
of 1872" etc. do issue its bonds to.the
amount Of 100000 of the denomi-
nation of ($10o0.00) One Thousand
Dollars each; said bonds payable to
bearer, to be signed by the President
of this Board officially, and attested
by the. signature Of the Secretary and
Seal of the Board, to become due in
fifty years, and to be payable at the
option of the Board in forty years
from the date of their issue, to bear
interest at the rate Of five percent
per annum from the date of their
issue; said interest to be evidenced
by coupons attached to said bonds:
payable semi-annually, payable at the
office of the State Treasurer Of
Louisiana, Baton Rouge, La, and sub
Lject to all the terms, provisions and
conditions Of said Act 141 of the
Acts Of the Legislature Of the State
Of Louisiana for 1916, for the pur-
. poses set forth therein.
Be 1t Further Resolved, That this
! resolution and each and every part
5 and clause thereof and every part
r and clause Of Act 141 Of the Acts of
the Legislature of the State Of Louis
!, lana of 1916, be and they are hereby
constituted part of the contract be-
8 tween this Board and any and all
future holders Of any Of said bonds
I or coupons, to be issued under the
provisions Of this resolution and said
Act 141 Of 1916.
q Be It Further Resolved, That the
: President Of this Board is hereby
4 authorized and instructed to have
4 (100) one hundred bonds, Of the de-
= domination Of 100000 each, prop
: erly engraved as soon as possible, and
= to have them bear the date of July
LIST, 1922, and numbered from l77f
to 1875 inclusive.
!, Be It Further. Resolved, That the
President Of this Board and the mem
bers are hereby constituted com
mittee and are instructed to adver
tise for bids through the columns Of
several periodicals setting forth tn,
date Of sale and manner of sale, fo
y the legal length Of time. Said bids Il
'e be sealed bids and shall be openet
" by the Board Of Commissioners, q
the domicile of the Board, Tallllah
n La, at the specified time Of the ad
's vertisement. Said bonds to be soil
is for not less than their par value an,
n shall be in the following form, +
te wit:
u UNITED STATES OF AMERICA
" STATE OF LOUISIANA
" 81, 100000 Number 100000
g THE BOARD OF COMMISSIONER
c. for the
r FIFTH LOUISIANA LEvEE
n DISTRICT.
rs Know all men by these presents
ID that the Board Of Commissioners 70
.. the Fifth Louisiana Levee District
rs . corporation created by Act No. 4
"a State Of Louisiana for the year 1886
ia approved July End. 1885, for valu
received, hereby promises to pay =
4 bearer fifty years after date (wit
:, the option of said Board Of Commits
: sioners to pay the same after fort
. years from the date hereby the SUI
Of One thousand Dollars "a, 100000
" together with interest thereon fror
the date hereof until such princips
:, : sum Is paid at rate Of five percen
:: per annum, payable semi-annually o
- the first days Of January and July i
y each year, on presentation and SUI
. render Of the respective interest cou
H. pons therefor hereto attached as the
= J, severally become due.
IL Both the principal and interest o
- this bond payable in gold coin o
le the United States Of America Of tn
u present standard Of weight and fine
D. ness at the office Of the Treasure
'e Of the State Of Louisiana or at tn
a fiscal agency Of the State in tn
81 city Of New Orleans. M
q This bond 10 one Of . total ~
ID thorixed issue limited to 81 ,000, 0O(
authorized by the provisions Of Ae
III No. 141 Of the Acts Of the Legislator
is Of the State Of Louisiana for tn
" year 1916, approved July 9Th. 1911
In under which bonds to the tot
s. amount Of $775,000.00 mot 'inclut
RI ing this bond) have been issued {
b this date, and il issued pursuant {
II the provisions Of said Act and pu1
I'd suant to resolutions and proceeding
Of the Board Of Commissioners Of tn
ce Fifth Louisiana Levee District, dul
taken for that purpose.