Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1886-11-13
PROCLAMATION.
Macon. Noy,BrE COUNTY. Mis-

Whereas. fifteen and more legal voters
and taxpayers of said county, have petit
toned. in writing that the question of the
subscription by said county. to the capital
stock Of the Natchcz. Jackson and Column
bus Railroad Company by said county Of
Two Hundred Thousand Dollars, should bc
submitted to the legal voters Of said county
upon the following terms and conditions
named in said petition, viz:
FIRST. That If two-thirds OF the legal
and qualified voters OF said county shall. 1T
the election to he ordered under said petit
ton. vote in favor Of said subscription, then
the President Of the Board Of Supervisors Of
said county shall ,uhs 'ribe, in the name Of
said county, the said amount of two hun
bred thousand dollars to the capitol stock
of the Natchez, Jackson and Columbus
Raj road Company, and he shall execute
and deliver to said compan, IN the name Of
said county, coupon bon Is bearing interest
at the rate of six per cent. per annuhl, pay
able to bearer ut the office of the kniCker-
booker Trust Company of New York, he
interest to be payable annually and ,Ie
bonds themselves at twenty years from
their date. to be signed by the said prcki-
dent of tn. Board Of SUPERVISOR of said
county. under the county seal, and attestcd
by the clerk Of said Board. the coupons to
bear the engraved or autographed sigma
turc of said President Of said board.
SECOND, The said bonds shalt be deliver
cd TO the President of said Company as
follows. to-wit: When any number OF
miles of said railroad. not less than tive,
shall have been completed within the limits
of ,aid county. and the President of sald
Company shall present to the President oil
the Board al supervisors Of said county \
-, t,,,,, a. of t1, Nlnln nunllpr nj miles nj
road to he constructed through said county,
and also the nUmber of miles completed,
as aforesaid, certified to by tho Chef En-
eireer of said company md the President
thereof, then said President OF said Board
of Supervisors ,hall deliver to the said rail
road company such p,oportionate share, Ms
nearly as possible of the whole amount Of
said bond, as the number oi miles o! road
complctcd bears to the number of miles OF
road TO he constructed in said county. IN
simultaneously with the delivery OF said
bonds the Prcsidcnt.sof said company shat
deliver to said Beard Of supervisors. ccrti-
ticates of the capital stock of said Company
of a like amount, the certificates beng
rcckoncd at par.
shall have credit for all interest which ma!
accrue prior to the delivery of said bonds,
under the provisions Of the preceding col-
dition. And provided further, that the
work of construction of said line ol railroau
in said county of NoXuhee shall begin AZ
the town of Macon. In said county ana pro-
coed IN both directions TO the county lhe.
And whereas the interest on said sum OF
two hundred thousand dollars, II calculated
at seven per cent. per annum, does not eN-
coed two per cent upon the assessed value
of the real estate within the limits oil sa'u
county. 80. ..
Now, in consideration of the premises
and by virtue Of the power IN me vested D!
the sixteenth section OF the art OF tne i.rsi
isluturc of the state OF MISSISSIPPI on''.,ed
an Act. to Incorporate the Natcliez anu
.JarAson Railroad Company approved july
oist A. d, 1870, | do notify the legal voters
ot soiI county to meet at the usual places OF
holding elections In said county, oh the
Ninth day Of November, A. d. 1855,
for the purpose Of voting for or against the
above mentioned subscription to thc capi.
tnl stock of said company. Ana uo aiso
notify and request the Comm'ss'une. ~ y,
Election of said county u meet ~ tue once
of Tho clerk of the Circuit Court OF saiu
comfy Ave DAYS before the said Ninth uay
NJ Noyember, A. D., 1886 and carefully re-
,ise tho registration books Of the couiny
md The poll hooks of the several precincts;
mi prisr thrrcfrom the names oil All
persons improperly. thereon, or wn4 nav
iiLoJ removed or become disqualheu as
~c,crtors from my cause, aud register INC
names Of all persons who have az appiied
:" hs registered and have been Illegally de.
"i,,i r,y,s,ration. as provided in Section ia
nf,hc devised Code Of said state.
VI INV u. G. GARNER,
President of the Board of supervisors OF
S"xul,e Court,, Missits'rr,.
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