Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1901-02-07
An Ordinance

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An Ordinance
To provide for the issue OF Bonds
10 the amount of 80. 900 for the pur-
pose Of constructing n Sewerage
system ia and fo- the town of OK
ford, Mississippi
Sc It Ordained by the Mayor and
Heard Of Aldermen Of the Town of
Oxford. Mississippi:
SECTION 1. That in pursuance Of a
notice duly given for the time and in
the n required by Law, which
said notice was duly authorized by a
resolution adopted bv said Mayor and
Board Of Aldermen on the 9TH day of
January, 1901, there shall lBe and there
Is hereby ordered issued the bonds Of
the Town Of Oxford of the amount of
sN. coo. which said bonds shall be
known a. Sewer Bonds.r
sec . That said bonds shall bear
date of April list, 1901, shall bear in
terest at sne rate Of s per centum per
annum, payable annually on the frss
day OF april in each wear, which said
interest shall be evidenced by proper
A1@EAAA" W EaLA 0VALA <Atu
bonds snail be Sd in number, number
Ell from one ~ to 6fty-six 1867, both
inclusive, and shall be OF the denomi-
nations and shall become due, rs fol-
lows, to-wit:
Bond No. 1. for 500. shar become
due April I, lssa-
Bend No. 2 for So zsA-I becon.S
due April 1. 1eoa
Bond No ., for siae. shall become
due April 1. fs04-
Bond No. (, for 500, shall become
due April I, 1905.
Bond No. 5. for 500, shall become
due April 1, lsos
Bond No. s, for srOo. shall become
due April /, 1907.
Bond No :, for eco, shall become
due April I, 1908
Bond No. 5, for sIoo, shall become
due April 1, 1909.
Bond No. .. FOX s1co, shall become
due April I, 1910.
Bond No. IL, for cleo. shall become
due April 1, 1911
Bond No. III. for 500. shall become
due April 1, 1912
Bond Nc. L. tor 500. shall become
due April l. 1878.
Bond No. -. fer sIoo, shall become
due april I. 1914.
Bond No. IA, for 500, shall become
due April 1, 1915.
Bond No. Is. for sfC0. shall become
due April 1, 1916.
Bond No. Is. for 800. shall become
due April 1. 1917.
Bond No. II, for sr0o. shall become
due April 1. 1878
Bond No Is. for 500. shall become
due April 1, 1919
Bond No. 10, for slOO. shall become
due April 1, 1910.
Bond No D. for 500, shall become
due April 1, 1871
bonos No. q to So, inclusive. for $500
eacn, snau become due April 1. 1921
Sec j. said bonds and the interest
coupons thereto attached are hereby
maze payable at the banking house of
me Merchants & Farmers Bank, in the
town OF oxford Mississippi Said
oonds shall be signed by the Mayor of
4 town OF oxford. countsrslzned by
the Town Clerk and the corporate
seal OF said town shall be affixed to
each bond; and said coupons shall be
executed by the Autographed sigma
t1r OF the Town Clerk. and each Of
said bonds and the coupons thereto
attached shall be in Substantially the
following form, to-wit:
UNITED STATES OF Az. ERICA.
No State of Mississippi, s.
County of Lafayette,
Town of Oxford,
SEMI Err HOND.
Know ALL MEN " THEsE PRESENTS
That the Town Of Oxford. in the State
OF Mississippi, for value received.
promises to pay
or bearer, on the lst day of April, A.
D., IS, the sum ( Hun
dred Dollars ) lawful
money of the United States Of Areri-
ca. with interest thereon from the
date hereof until paid, at the rate Of
SIX Der ee1tuu per annum, payable
annually. on the first day of April. in
each year, upon presentation and sur
render o. the interest eoupous hereto
attached, as they severaIly be-
come due Both principal and in
serezs OF this bond are hereby made
payable a. the banking house of the
Merchants < Farmers Bank IA the
town of Oxford Mississippi And for
the prompt payment OF this bond.
both principal and interest at masu-
rity. the fun faith and credit of said
town ARE hereby irrevocably pledged.
Ibis Bond Is one Of n series aggrega-
ting 80 eco N amount, authorized 10
be issued for the purpose of providing
funds tor the c Instruction OF 4 sewer
system IN said town. pursuant to and
IN full compliance with the provisions
OF Section 30i4, ct seq of the Ammo
lated Code of the State of Mississippi
for i.s3- and under an Ordinance duly
passed by the Mayor and Board of
Aldermen Of said town on the 9Th day
Of February, 1901
And il = hereby certified ard re-
cited that all acts, conditioned and
things required by the Constitution
and Laws Of the State of mississippi to
De done. precedent TO and II the lssu-
ing OF tais bond, have bsen properly
done, happened and been performed
IN regular and due form as required by
law, and that the total Indebtedness Of
said town Of oxford. including this
bond does not exceed any consriru-
uonal or statutory limitation
In testimony whereof, the Mayor
and Board Of Aldermen of the town Of
! Oxford. Mississippi, have caused this
Bond 20 be signed by its Mayor and
eountersigned By its Clerk, with the
corporate seal OF the said &C wu actxed.
tas-day Of April, 1871