The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1882-03-18

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TO exceed in the aggregate the sum
of two hundred thousand dollars.
Provided, that said bonds shall not {
be sold. pledged or used in pay I
m-ent of labor at a greater rate of !
discount than ten per cent OF I
their face value.
See. 10. That the bonds to he !
issued as aforesaid shall be made
payable To bearer, shall bear in.
terest at the rate of ten per cent
per annum. for which said interest
coupons shall be attached payable
annually; they shall be signed by
the President of said Board and I
comtersigned by the Secretary,
but the signature to the coupons
may be II fac simile engraving, and
said bonds or any part thereof
shall be payable at the option of
said Board at any time after the T
expiration of ono year from the |
date thereof and certainly at the
expiration of seven years from the
date thereof.
See. IL. That the bonds to be
issued as aforesaid shall be in sums
of not less than Sl00 90 or more
than $1,000 90 each and shall be
numbered from one progressively
shall be in the following form, viz:
s. Mississippi Leyee District No.
State of Mississippi
Know all men by the presents, that
the Borrd Of Mississippi Levee
Commissioners will seven years
after the date hereof, or Mt the
! option of said Board, at any time
; after the expiration of one year
I, from the date hceeof, pay at the
1 Office of the Treasurer of said
5 Board in Grcenvlle, Mississippi,
= to bearer the sum of---dollars
i with interest at the rate of ten per
n cent per annum, payable annually
/ on presentation and surrender al
the Office of said Treasurer Of the
d coupons hereto attached as they
!, shall severally fall due.
0 Issued by virtue Of an act of The
y Legislature Of the State of Missis
y sippi entitled "an act to more OF
y fectually protect the public levee'
g in the Mississippi Leyee Distric
II and amendatory of the laws per
I tanning to said district and TO
u other purposes Approved ---
u A. ID. 1882. In witness whereo
u the signature of the President AM
u Secretary Of the Board of Missis
II sissippi Levee Commissioners i
II hereunto made and the seal Of sal,
D. Board of Mississippi Leyee Com
III mssionefs is hereunto attached
IL this-day Of, lSS-.
" See. T.. That the Secretary O
- said Board shall upon the order O
y said Board cause said bonds to b
70 Autographed with such devices 70
y Identification and to prevent i'm
tation as said Secretary shall thin
e. proper, and he shall register sal
'e bonds in book to be kept for tha
r. purpose, as the same are issue'
IN stating therein the number of eac
'h bond issued, the date of issue an
GU to whom delivered, and he sha
's, take the recoiptin said book Of tn
IN party to whom each of said bono
al are delivered.
Vi See. 10. That it shall be lawfl
for said Board at any time aft'
Is the expiration Of one year from IL
III date of said bonds to be issue
nj under this act to call in and pa
TO off the same or any part thereof
ch the following manner: Wheney'
OF said Board shall be in condition
nd pay off any of said bonds and sha
re- deem it proper so to do, 1t sha
be cause notice to be published
ny some newspaper published in Il
Is county of Washington, State
MS Mississippi, designating by the
IA number and amount the bon'
re called in and the day in which th'
re- are to be presented to the Trea
nrer of said Board at his Office fl
Of payment; which said notice sh;
by be published for three consecuti'
to weeks prior to the day designate
sc therein for payment of said bond
or and the bonds called in shall
he those lowest in number then OF
NY standing. And it shall be the du
vi of the holder or holders Of sa
is bond or bonds designated in sa
'or notice to present them on the di
be designated for payment, and
Ise shall be the duty of the Treasur
70. of said Board on said designate
he day to pay off and discharge Il
IN, bond or bonds so presented, pa
all ing the principal thereof aud Il
or interest accrued up to that day
! If full, and to take up and cancel Il