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Terms Used In Louisiana Revised Statutes 33:4224

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

The governing authority of the municipality or of the district shall furnish the commissioners of election with a list of electors qualified to vote in the municipality or district, certified by the registrar of voters of the parish, and with ballots, tally sheets, blanks for making returns, and all paraphernalia necessary for properly holding the election.  Ballots shall be substantially in the following form:

“Shall the governing authority of the (City, Town, Village, _____ District) of _________ be authorized to issue bonds in the sum of ______ Dollars, to run for _____ years, bearing interest not exceeding _____ percentum per annum, payable annually or semi-annually, for the purpose of _____, to be secured by a mortgage of _____ and by pledge of the income and revenue of such property or properties?”

To vote in favor of the proposition, the voter

YES

will make a cross mark (X) in the space under

____

the word “Yes” and to vote against it, the

voter will make a cross mark (X) in the space

 NO

underneath the word “No”.

____