The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1878-02-07
LAWS OF THE
STATE OF MISSISSIPPI
PUBLISHED By AUTHoRITY.1

AN ACI to authorize the Board of Supervis-
ers OF faIobusha county to acquire title to
real estate, and for other purposes.
WHEREAS, James o. Hendricks, late Treas
urer OF Ialobusha county, loaned sundry
amounts OF money, by order of the Board of
oupeefylsors of said county, which belonged to
the Chlckasaw School Fund in said county of
faiobusha, and received, security there
for deeds In trust on certain real estate and
afterwards closed out said deeds in trust by a
sale OF SAID property, which property bid
Oft by j y. Hendricks and W. W Frost at the
request of and by direction of said Board of
Supervisors at prices greatly below its real
value, Tor the benefit of said School Fund aud
for the purpose of preventing loss to the coun-
ts ON said debts therefore
SECTION l. Be it enacted by the Legislature
OF tie State of Miss ssippi, That sale aud pur-
chase OF said lots of land to-wit: One-half in
terest in lot Is, subdivision of lot s.
block A. lot 3 and north half of lot 4.
block d, lot l in block B, lots and 7,
in block D. and part of lot 3, in
block z, known as the Dickson res
Idence, all in the city of Water Valley.
Mississippi, be, and the same, is hereby ratl-
he'd, legaHZed and confirmed, and that the
Trustees in said deeds in trust or the pur-
chasers at said sale, are hereby authorized
and Empowered to make titles to said lots of
land to the President of the Board Of Super
visors of alobusha county, and to his sue
cessors In othce, for the use and benefit of the
titles, when made, are hereby declared to be
legal ana valid to all intens and purposes.
SEC. 2. Be 1t further enacted, That said
Board of Supervisors shall have power to
rent, manage and control said property, and
collect rents for the same, for the use and
benefit of said School Fund.
SEC. ). BE 1t further enacted That said
Board of Supervisors shall have power and
authority to sell and convey any or all of said
lots Of land, either at public or private sale.
1S he IN hos fprf ho inta 1F., 4
School Fund, whenever, in their Judgment. n
sale of the same or any part thereof would
be best for the interest of said county and
School Fund.
SEC. 4. Be it further enacted, That said
Board of Supervisors be, and they are hereby
fully authorized and empowered on settle
ment with }. y. Hendricks, late County Treas
urer of 4alobusha county, of all matters per-
tanning to the Chickasaw School Fund in said
county, to make all proper and rightful allow
ances to said Hendricks for fees and expenses
paid by him for prosecuting and defending
suits in the Courts for the collection of debts
due to said Chickasaw School Fund, and to
fully compensate said Hendricks, on settle
ment, for losses in exchanging Mississippi
State warrants for cash, and to rebate interest
against said Hendricks wherever he is i'm
properly charged with the same as in their
opinion, justice and right of the case re-
quires, and in order to effect a fair, speedy
and equitable settlement of all matters ner-
tanning to said Chickasaw School Fund said
Board of Supervisors are hereby fully author
lied and empowered to make such settlements
and compromises with said j. 0. Hendricks
late Treasurer, and with any and all persons
owing debts to said Chickasaw School Fund,
in their judgment, will best promote the
interest of the county and said School Fund
SEC. D. Be it further enacted, That in the event
1t shall become necessary to close out other
deeds in trust now due to said School Fund by
the sale of the property, it shall be lawful for
said Board of Supervisors to purchase hold
and dispose Of said property in the manner
if, in their Judgment the interest of said
School Fund would be best promoted thereby
SEC. 6. Be it further enacted, That this Act
take effect and be in force from and after it's
passage.
APPROVED February g. 1873