The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1876-04-15
CONTINUED FROM THIRD PAGE. ]

of the amounts disbursed and the amount paid
to account of each beneficiary of the fund dls
bursed and the said treasurer is authorlZeu'
in his discretion to renew the notes taken In
pursuance of this Act from year to year, Tor
period of three years consecutlvely, when the
same shall have become due and payable IN
cases where the maker furnishes ample and
approved security and pays promptly the
amount of interest due upon the loan AND
when the PAYERS of a note taken as aforesaid,
shall neglect or fail to pay the amount OF their
notes and interest, after the same has become
due. or TO paw interest and renew the notes as
above provided before the first Monday IN
February of each year, it shall be the duty OF
the said treasurer to immediatey institute suit
for collection of the principal and interest from
such payers. And if any loans made by any
treasurer shall be lost to the fund by reason of
the neglect or carelessness or default OF duty
by such treasurer, the amount SO lost and the
cost and expenses incurred in prosecuting suit
upon such note shall be recoverable from the
treasurer who made the loan and approved
the sureties and the sureties on his, the treas
urer's bond Pr0rided, That no suit upon such
treasurers bond shall be authorized until after
nuEId bona return OF an execution against
the insolvent payers shall have been made.
SEC. T. BE ID further enacted, That the treas
urer shall promptly collect the notes executed
for loans, principal and interest, or collect the
interest and renew the notes herein pro
yided as the said notes fall due; and he shall
make detailed report to the board OF trustees
at each annual February meeting thereof, in
which report shall be shown the amount OF IN
terest collected by him, and the amount OF
interest due and uncollected, which amounts
of interest shall be appOrtioned by the SAID
board and disbursed by said treasurer among
those entitled thereto, as hereinafter provided.
Sec s. Be It further enacted, That each
child resident within the township and range,
between ages of five and twenty-one years,
who has attended school during the precedin e
scholastic year, shall be entitled to a pro rata
part of the amount of interestto be distributed
as aforesaid, as payment in whole or in part Of
the sum due for tuition during such attendance,
the basis of which disbursement is hereinafter
set forth; Provided, No child shall be entitled
as aforesaid, for the time he may have been in
attendance as a beneficiary in the public schools
of the county
Sec. o. BE 1t further enatted, That every
school teacher in said county shall make out a
detailed statementfor each patron of his school,
showing the number, name and age of each
pupil entitled to share in the distribution of
any of the funds provided for in this Act also,
the township and range in which said patron
resides, and of the funds Of which the said
pupils will be entitled to distributive shares,
as aforesaid and also, showing the number of
days each pupil has been in actual attendance
in his school for which such pupil may be en-
titled to distribution, under this Act, which
statement shall be verified by the attached aft
davit of the teacher, and shall be filed by said
teacher, or his ASST gnee, with the secretary of
the board of trustees, on or before the regular
February meeting of the board Of trustees in
the year next following that during which such
school was taught, and said secretary shall en-
dOrse on such statement so filed with him, the
date OF SAID filing, and sign his name thereto,
and SAID statements so authenticated and en-
dorsed shall be legal vouchers of disbursements
by the treasurer, hereinafter provided
Sec 10. Be 1t further enacted, That at each
February meeting Of the board of trustees, the
said board, from the statement filed with the
secretary, in pursuance of section of this act
shall ascertain the total number of DAYS that
all the said pupils have attended in the schools
of the county during the previous scholastic
year, and from the teachers report said board
shall ascertain the whole amount of the fund in
the hands Of the treasurer for distribution I'M
der the provisions of this Act, and shall then
divide the total amount of funds for distribu-
ton by the total number of days of attendance
IN school OF all the children ascertained as
aforesaid, and by such divisions ascertain the
amount of such fund that each of such pupils
will be entitled to have paid to his account for
each days attendance in school, and furnish
the amount so ascertained as due each pupil
Tor each days attendance, to the treasurer of
sad board for his guidance in discussing said
funds, and when said board shall have compiled
from the statements made, the data necessary
to Its action, the secretary shall return such
statements to those entitled thereto who, upon
the receipt of the same, may at any time there
after present the same to the treasurer for nav
ment of the distributive portion or portions dne
thereon and when the same is so presented
the Treasurer shall ascertain therefrom the total
number OF days that all the children named in
such statement have attended in school, and
multiply the same by amount to which each
child is entitled for each days attendance, and
thereoy ascertain the full amount to be paid
upon such statement, which amount he shall
pay, and retain in his possession the statement
as voucher for such payment, and it is the
especial duty OF the treasurer. Abefore nayine