The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1882-04-26

49, ? SNAA0 nm 1A44 - LAEA 81 ACEAEAa SLLlAA
be expressed in the body thereof as, water
supply. sewerage and street improvement
bonds, and said bonds may be issued in the
usual and ordinary form Of similar bonds.
or other negotiable securities. and may bear
a rate of interest not to exceed six per cent.
per annum, TO be payable annually pr0Ci-
ded, hocsUeT, thar before any such bonds
shall be issued by said mayorand boards of
councIlmeD AMI @il'rsnen. this act shall be
pubIlshedIn one or more newspapers printed
in said city Of Meridian fora period Of thirty
days, and with the publication thereof the
city clerk of said city. by the order of said
mayor and board. shall give notice by pub
LEGATION in the same or newspa-
pers, for Il like space of time. for an election
TO be held in said city TO determine whether
such bonds shall be issued or not. rs herein
provided; and 10 such bonds shall be issued
unless at such election a majority Of the
legally qualified and properly registered
voters residing in said city shall vote in
favor of the issuance Of the same; and such
election shall be conducted in all respects
as other elections are now required to be
held under the terms and provisions of the
charter Of said city and said mayor and
boards of councilmen and aldermen. in
ordering such election may prescribe the
form IN which the question as to the iSsu-
ance of such bonds shall be submitted TO
the voters of said city.
SEC. ,. Be Il further enacted. That any
and all bonds of said city of Meridian
which may be issued, under the power and
authority conferred by this act. shall not
run for a longer period than twenty-five
years from the date of the issuance thereof.
and such bonds may be issued in such
amounts, not exceeding the limit herein pro-
vided, and at such time or times as said
mayor and boards of coUncilmen and alder
men may, by ordinance or Joint resolution,
prescribe; and all such bonds shall. before
the issuance thereof, be signed bv the mayor
of said city, and countersigned by the city
clerk, and shall have affixed thereto the
corporate seal Of said city and said bonds
may also have attached thereto interest
coupons expressing the annual interest
accruing upon such bonds. which may be
detached therefrom by the holders thereof.
as said interest may become due and paya-
bic; and said mayor and boards of council
men and aldermen may fix and prescribe
the place OF the payment, at maturity, of
such bonds as may be issued in pursuance
of this act, and Of the annually ac%cruing
interest thereon; and the place of such pay
ment of principal and interest shall be
Endorsed on such bonds, or expressed in the
same when issued.
SEC. 3. Be 1t tmther eaqcte7; That in
order to provide for the payment of such
bonds as may be issued, under and in pur-
suance of the power conferred by this act, at
the maturity Of the same, and of the annu-
ally a~ccruing interest thereon, the mayor
and boards Of councilmen and aldermen of
said city of Meridian, shall be fully author
lied and empowered, and it shall be their
duty, to levy a sufficient tax upon all real
and personal property subject to taxation
in said city, to meet such accruing interest,
and to provide a sinking fund that shall be
sufficient to pay of and fully discharge the
principal Of said bonds at the maturity Of
the m and according to the tenor and
effect thereof.
SEC. 4. Be 1t furthei enacted, That in
orderto enable the said mayor and boards of
councilmen and aldermen of said city of
Meridian to fully carry into effect the objects
and purposes of this act, they shall, for said
city. have the power to acquire and hold
by purchase, donation, or otherwise, a suf-
ficiency Of real estate and other property
necessary to that end and they shall be,
and are hereby authorized and empowered
to purchase and hold the right to use, in
procuring a supply OF water Tor said city
and the inhabitants thereof, any stream OF
streams of water, and any spring or springs,
or other sources of water supply, in said
Lauderdale county, which shall not interfere
with the necessary use and supply OF water
for private purposes; and may construct on
or about the same the necessary reservoir,
resorvois, stand-pipes, or other means fol
collecting and holding such water; and to
lay pipes from the same into the said city
for conducting water for supplying the
inhabitants thereof and to acquire and hold
the necessary land for that purpose and in
case the owner, or owners Of any such land
upon which such spring or springs, or other
sources Of water may be, or through which
such stream or streams Of water may flow
or through which it may be necessary to lay
such w~ater-pipes, shall not agree with said
authorities of said city for a surrender o.
sale of the same, or the right to use the
same it shall then be lawful to refer anC
submit the question of compensation for the
same to two or more suitable and disinter
ested free-holders ofsaid Lauderdale county
to be mutually chosen as arbitrators, for the
assessment Of such compensation or dam
ages, whose award shall be final and il
case Of disagreement such arbitrators shall
be empowered to select some equally quail
fed and disinterested person to act a:
umpire, and whose decision shall then b.
final, and upon the payment by said city
of such damages so assessed. it shall hav,
the right and be empowered through it
proper officers to enter upon and appro
pirate such real and other property, an(
have full right to use the same for said pur
poses as hereinbefore expressed; and pro
0i1ed, that such owner or owners of sucl
land or other property shall refuse to con
sent to any such submission to arbitrator
for the assessment Of such damages. then i
shall be lawful for said city Of Meridian t
apply through and by the mayor and sal
boards of councilmen and aldermen Of sal
city, to the Judge of the cirouit court Of tn
judicial district in which said county O
Lauderdale is located, either during tia
term of the circuit court OF said county, O
in vacation, to have a jury Of ~free-hoIde1
[ summoned and empaneled to assess sal
l damages; and it shall be the duty Of tn
2 Judge of the circuit court, upon such appl
cation being made to him, to order tn
1 sheriff of said county to summon such iury
=, and after service of five days notice of th
) order of the jury upon the owner, or owner
of such land, to have such jury empanele
to try the question Of damages to such land
l or for the use Of such water flowing upo
t the same. and upon the order Of said JUDI