The Aberdeen examiner. [volume] (Aberdeen, Miss.) 1866-current, 1884-07-31
An Act in Relation 10 Public
Revenue. and for Other
Purposes.


Section /. Be it enacted by the
Legislature of the State of Misslssip-
pi, That for the purpose of providing
for any deficiency in moneys in the
Treasury to pay any salaries, or for
the payment OF any appropriations
provided for by law, the State Treas
urer is hereby authorized and requir-
ed to issue, whenever in his judgment
it shall be found to be necessary, to
have prepared coupon bonds of the
State of Mississippi,of any denomina-
ton of not less than fifty dollars nor
more than one thousand dollars, and
of any denomination between the
greatest and least denominations
herein fixed as he may find most
easily foated, not to exceed in the
aggregate the sum of two hundred
thousand dollars. Said bonds shall
have attached TO them interest bear
inc coupons. Said bond or bonds Of
the State shall be payable to the
holder or bearer with interest at the
rate of five per centum per annum,
which said bonds and coupons shall
be signed by the Governor and coun-
tersigned by the Treasurer, but the
signatures to the coupons may be
fac simile engravings.
Sec. 2. Be it further enacted, That
the bonds provided for in first section
'oi this act shall be due and payable
on the first Monday Of January,A.D.,
1895, and the interest on the same
shall be expressed in the coupons III
dollars and cents, and they shall con.
form to the form of bonds required
in section 3 of an act to fund the
floating debt of the State, and issue
sinking fund bonds, and for Other
purposes, approved April 4th, 1872
| and the interest on the same shall be
paid semi-annually after the issuance
of any bond or bonds and upon the
presentation of the coupons, which
SAID coupons when so presented an(
paid, shall be taken up and cancelled
| by the Treasurer; none of said bonds
shall be sold or negotiated for price
less than their par Tor iace) value,an'
in order to float the same at not les
than par, all moneys invested IN any
such bonds shall be exempt from tax
alton so long as it may remain Sc
invested; and said bonds and coupons
may be called in and paid oft in the
Eoption of the Treasurer, whenever, II
his judgment, the amount of none,
in the Treasury and the demands o
the State shall justify such call, o
whenever the Legislature may direct
provided, that the Treasurer ma.
also hypothecate the bonds hereinbe
fore provided for, if in his jpdgmen
he can do so for a short time at TIN
rate Of interest provided for the bond
herein.
Sec. 3. Be it further enacted, Tha
the State tax for general purposes q
the State Government, including
tax to pay principal and interest o.
the bonds of the State, for each of tn
years 1884 and 1885, a tax of tw
and one half mills, and no more,
hereby fixed and the several board
of supervisors of the several countie
of this State are here prohibited fror
levying a tax, which with the Stat
tax hereby fixed, shall exceed twelv
dollars and fifty cents on the on
thousand dollars of taxable property
Provided, that to meet any outstano
ing indebtedness III any county, ma
exceed the rate of twelve dollars an
fifty cents on each one thousand do
lars Of taxable property, but shall nc
in any event exceed fifteen dollars o
each one thousand dollars Of taxabl
property. Provided further, that
the counties of Adams, Choctaw, Je
ferson, Bolivar, Washington and LII
coin the Boards of Supervisors ma
levy taxes, which added to the Stat
tax shall not exceed twenty one do
lars on the one thousand dollar
, And in the counties of Amite, Wi
: kinson and Oktibbeha, the whole ia
e including State and other purpose
t shall not exceed eighteen dollars c
the one thousand dollars of taxab
y property. Provided further, tn
+ nothing in this act contained shall /
= construed as to affect the levy of Il
= tax required to be assessed by sectiC
10 Of an act entitled"An Act to inco
porate the Natchez & Jackson RI
Z Road Company" approved July 2l'
y 1870. Provided further, that Il
: provisions of this act shall not
= taken or construed as in any wi
. affecting the operations of An A
, entitled "An Act to authorize t
!. Board of Supervisors of Rankin cou
4 ty to levy a special tax to pay Oh
!. standing teachers warrants" appro
, ed March 1st, 1884. Provided f,
If Their, that in the county of Chickas'
{. the Board of Supervisors may levy
~ tax, when added to the State tt
d shall not exceed twenty eight doll'
b. on the thousand. Provided also, IL
III the Board Of Supervisors of lssaque
8 county shall be authorized to levy
d, county purposes,not more than tlfte
dollars on one thousand dollars
n, property ;and in the county of Tuni
ID tax for all purposes, State a
" county, not to exceed sixteen doll
IS on one thousand dollars Of proper
ie Sec. 4. Be it further enacted Il.
III all acts and parts of acts in conf
ed with this act be and the same
to hereby repealed, and that this
IS shall take effect and be in force FIR