The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1882-05-06

call in said bonds and pay them of '
at par, if at any time it be found q
that the funds accruing from said I
tax viii amount TO enough so to I
do. i
Section 4. BE it further enacted, ,
That the board Of Supervisors of ,
Bolivar county shall levy each
year, until the whole of said bond.
ed debt is paid, u tax of not more
than three hundred per cent. on
the State tax and not less than two
hundred per cent. for the pay
ment first of the interest on said
bonds, and next The principal as
hereinafter provided, but this tax
together with all other county
taxes, shall not exceed the limit
now allowed said board in leyying
county taxes by the act approved |
March 9th, 1880, entitled an act in
relation to public revenue.
Sec. !. BE it further enacted,
That after payment ofthe coupons
maturing each year the treasurer
of said county shall proceed to
apply any surplus of money in his
hands belonging to said bond and
interest fund, for the purchase and
retirement of said bonds, rs re-
quired by section two (9 of the
act to fund the floating debt
of Bolivar county aud to issue
sinking fund bonds, approved
April 9th, 1874, ON or before the
md Monday of April of each year,
and said treasurer shall apply any
surplus fluids now in his hands, at
ter payment ofihterest to January
LIST, 1882, to the purchase of said
bonds, as requiredby said section
two, on or before the 2nd Monday
of April, 1882.
SEC. 6. BE il further enacted,
That the board of supervisors of
said county at any time during the
year 1882 or 1888, shall have pow
er to borrow money to pay off said
bonds att rate of interest not to
exceed six per cent, and If they
: can succeed in borrowing money
to pay off said bonds as aforesaid,
then they shall have the right to
call in said bonds and pay them al
: par; and they may and are hereby
authorized'to issue coupons bonds
in one, two, three, four, five, six
seven, eight, nine and ten years
or any less number of years as
> they may deem best to any person
or persons from whom said money
is received or to any bank, ant
may make said bonds and coupons
payable at any place, and in thu
event said bonds are issued ~
aforesaid, then said board o
supervisors shall each year lev.
u tax to pay the bonds and thu
: coupons Ofntcrest on other b0ndl
falling due, and the tax so levie'
be applied to no other purpose
See. 7. BE it further enacted
That in the event the said boar,
# of supervisors shall borrow none.
# and issue bonds as provided IN th'
r. last preceding section; the treasu
rer of said county shall give Al
d additional bond in the sum of tel
It thousand dollars, with two or NOR
a freehold securities of said county
r. conditioned for the faithful appl
e cation of said bond and interes
d tax, and for the payment of tn
d same as required by this act, whic
is bond shall be approved as all othe
d county bonds; and said treasure
d shall, on the LIST Monday in Jun
|. in each year, or from time to tim
|. as required by said board, make
o written report of the number o
$. bonds purchased, and the amour
of interest paid by him, or If neN
q bonds are issued under this an,
$. the preceding section, the numbe
=. and amount Of bonds and interes
g paid and taken up by him, whicl
@ report shall be shread upon th
V minutes and published in som
J. newspaper in said county if Their
be one.
|, See. 8. BE it further enacted
# That the board of supervisors o
d said county are hereby authorized
!. to make an allowance in favor o
$ the clerk of the circuit court o
c said county for services rendered
v by such clerk in criminal case
s when the State fails in the prose
/, cution, or the costs cannot be col
G lected, Of a sum not exceeding
| three hundred dollars in any year
i to be paid as provided by law
+ provided, his account be itemizet
@ and approved by the District AT