The clarion. [volume] (Jackson, Miss.) 1883-1888, 1884-04-23

a the Ist. 1854, and shall be 10 four series
I designated ~ series one, two three anS
four, and each series composed Of bond
1 amounting to two thousand collars Of sncl
: denomination or denominations IS may b.
J determined upon BY the said board Of su
: peryisors, and shall be due and payable In
: two, three, four and i've years respectively
) and bear interest from their date and Il
such date as shall be fixed by the said
board OF supervisors, not exceeding 10 per
centuni per annnm, and payable annually
on the Isl day Of April, and TO each Of said
bonds shall be attached coupons for inter-
est due aud payable as nsoresaid.
SEC. 8. Be It further enacted, That for
the payment Of said bonds and interest,
the said board Of supervisors are required,
at the time provided BY law for the levy
of taxes, TO levy a special tar from year
to year, on The properly of said county,
| sufficient to pay in full the principal and
interest OF said bonds as they shall respec-
/ lively become due, and said tax shall be
collected and paid into the county treae ury
as provided BY law for other moneys. The
county treasurer shall keep q separate ae-
count of moneys arising out Of said special
tax, and shall pay out the same only for
interest and redemption OF said bonds, as
they shall respectively fall due.
SEC A. Be it further enacted, That ~
soon as directed by sail board Of saperyi-
sors the chaneery clerk shall procure bonds,
with coupons attached, ia such denomina-
tions as may Be direeted, printed in form
approved by the president of board of SUI
peryisors, gu good and suitable paper, aud
they shall be signed by the president Of
the board OF supervisors, and countersigned
a. IL a
with the seal of the Office of the clerk of /
the chqncery court of said county.
SEC ). Be it further enacted, That the /
county treasurer shall have the custody of |
said bonds, and at such time as shall be
fixed by the board of supervisors, he shall
after notice by publication in some news
paper in said county, or otherwise, as the
board of supervisors may direct,open book
for subscription for purchase Of said bonds
at par, which subscription shall be paid
in cash, and therenpon he shall deliver
the bond or bonds subscribed and paid for.
He shall keep an accurate and full record
Of all said bonds, showing the number Of
series, date and denomination of each, and
when due, when and 10 whom sold and de-
liger,d. and when canceled, also of the
interest coupons.
SEC. 6. b il further enacted, That from ,
and after April 1st, 1884, the treasurer of !
Oktibbeha county shall not pay any war
rant or other certificate of county indebt- !
edness unless the same shall have written !
across its face registered" together with .
signature Of chaucery clerk, and for the
purpose of registration, the ehancery clerk
shall provide himself with book in which
he shall register all warrants, and shall |;
enter opposite each the amount, date, to
whom issued, by whom filed or registered. ! 7
Said book to be open for public inspection;
provided, that this act shall not be con-
sIrned as authorizing the registration, .
funding or payment of any warrant or
claim not valid or legal claim against
he county
SEC. I. Be il further enacted, That upon
he passage Of this act the board of super
,isors shall authorize the clerk of chan
,ery court to make publication in news
IA per published in the county or otherwise,
or one month, making known the require
nents of above section, and calling upon P
holders OF county warrants or other GER '
ifcates OF county Indebtedness to present >
he same for registration.
SEC. 8. Be il further enacted, That when .
III the bonds provided for in this act sh~ II L
rave been foated or sold and the money a
ealized deposited in the county treasury,
he board OF supervisors shall not issueor O.
,ause to be issued in future any warrant u
IN the county treasurer unless first having e.
scertained wht ther or not there be funds st
II money sufficient in treasurer's custody to o.
,ay said warrant and it shall be the duty Y
# county treasurer to report at the open !.
ng Of each regular meeting OF the board .
i supervisors, giving detailed statement .
f warrants cashed or received since last u
eport, and bringing with him and display
ng in open canrt the money and warrants D
ctually in treasury at the time, and max o.
ng full and complete exhibit of the u
SEC. 9. Be II further enacted, That this D.
ct take effect and be in force from and -
fter its passage. L
Approved March II, 1884. /"