The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1873-06-12
ToFFTcIAL.J
PROCEEDINGS OF THE BOARD or
MAYOR AND ALDERMEN.
roFFrcIAL.t
CITY HALL.
G1TX HALL
JACKSON, Miss, May n, 1873


;. JACKSON, Miss, May 81, 1875
/ At an adjourned meeting of the Board @
Mayor and Aldermen of Jackson, held thi
. day, present:
q His Honor, Marion Smith, Mayor;
Aldermen-I. Strauss, John McGill, J. A
Kausler
The meeting having been called to ordel
by the Mayor on motion the reading of thu
minutes was dispensed with
The following ordinance was introduced
and passed. approved and adopted and or
dered published in the city papers, as fol-
/ lows:
An Ordinance funding the outstanding in
| debtedness of the city of Jackson.
| SECTION l. Be it ordained by the Board
| of Mayor and Aldermen of Jackson, That
in order to carry into effect the provisions
of an Act entitled an Act TO authorize the
| Board of Mayor and Aldermen of the city
| of Jackson to issue city bonds and fund the
| outstanding Indebtedness of the city, and
| for other purposes, approved April 10. 1873
] that the City Clerk have bonds prepared as
| follows, tO-wit:
Series A, for four thousand dollars, pay
able June LIST, 1875.
Series B, for tour thousand dollars. pay
able June 1st, 1876.
Series c. for four thousand dollars, pay
able June LIST, 1877.
Series ID. for four thousand dollars, pay
able June 1st, 1873.
Series E. for four thousand dollars, pay
able June lst. 1879.
Series F, for four thousand dollars, pay
able June lSt. 1850.
All the bonds above provided for shall
bear eight per cent. interest per annum,
payable annually by the City Treasurer in
L. 5. currency. The bonds shall have cou-
pons detached from the bond when paid by
the Treasurer and held by him as a voucher. |
SEC. 2. Be it further ordained, That in |
order to pay the interest and principal of |
said bonds when due, the Board OF Mayor |
and Aldermen shall assess a sufficient |
amount each year to pay each installment |
when due, and said tax shall be collected in |
currency of the Emitted States.
SEC. ,. Be it further ordained, That the |
City Clerk shall advertise in the city pa
pers. also in handful form, notifying all
persons holding city warrants that the
Board of Mayor and Aldermen will sell all
OF the above described bonds. or so much
warrants issued prior to the first day of
May, 1873, to the highest bidder in city
warrants in the following order:
Series A. for four thousand dollars. from |
date TO II O'Clock NJ. on the Goth day of June
proXimo.
Series b, for four thousand dollars, from
date to y O'Clock NJ. on the 23d day of June
pTOXimO.
Series c, for four thousand dollars. from
late to II O'Clock NJ. on the 18th day ofJuue
DroXimO.
Series d, for four thousand dollors. from
late to II o'clock NJ. on the 9th day ofJune
OrOXimo.
Series f, for four thousand dollars, from
tate to u O'Clock NJ. on the Both day OF June
)roXimo.
Series F, for four thousand dollars. from
late to II O'Clock NJ. on the ID day of July
JrOXimo.
All bids must be sealed and addressed to
he City Clerk, and shall be opened by him | c
n presence of the Board. !
Those bidding for bonds must state in t
heir bid the most that they will give in I
n n no of ,-i/ 70
lay lst 1879 for the different series, A, Il. :
J, ID, f, +, and under no circumstances will b
he Board entertain any bid for the bonds f
which is less than dollar for dollar. Q
In the event two or more parties bid the il
anne price for any series or part thereof c
hey shall be Immediately notified of the
act and then the one giving the most shall L
ave the bond or bonds. {.
SEC. 4. Be il further ordained. That the "
iarrants heretofore funded and accrued s.
interest thereon shall be received for bonds L
ne same as other warrants. a
SEC. .. Be it further ordained, That the a
onds provided for i'm this ordinance shall 81
OF be issued in denominations of less than n
90 nor more than $500. fl
SEC. g. Be 1T further ordained, That this s.
take effect and be in force from fl
nd after its passage. n
The following claims were examined and II
bowed: v
L. Strauss, Sc; A. D. Blythe SO So; j. j. n
arber, $1S4 40. r;
Alderman McGill moved to appropriate
l50 for erecting fence around public OF
luare north of Governors Mansion. Car W
ed. N
solved that Alderman Strauss be author
ed and empowered to have the bridges \.
yer Pearl River and beyond repaired.
On motion the Board adjourned till
thursday, at o'clock p. NJ.
MARION SMITH, Mayor.
s. q. RURNHAM. (itV Clerk