The leader. [volume] (Brookhaven, Miss.) 1895-1905, 1903-01-14
some instructions in regard tc
same.
Respectfully submitted,
G. T. MONTGOMERY,
Road Com. and Ins.

Road Com. and Ins.
Jan. 5, 1908.
Sworn to and subscribed before
me, this 9th day of JAM, A. d.,
1903.
r. w. McNAIR, Clerk.
An order proposing to provide
for bonds for Lincoln county, to
an amount not exceeding $40, 900
for the erection, construction and
completion of a new, two-story
brick Jail for said county, and the
building of fence enclosing the
court house yard aud said Jail.
Whereas, at the regular meet
ing of the Board of Supervisors
of Lincoln county, held in the
Office of the clerk of the chancery
court in the city of Brookhaven,
on the 9Th day of November, 1902,
an order was duly PASSED by said
Fboard proposing to issue the bonds
of Lincoln county to an amount
not exceeding 500, 900, at a regu-
lar meeting of the board of Super
visors at the December meeting of
this board for the purpose of rails
ing money with which to erect,
build and complete, a new two
story brick jail for Lincoln coun-
ty, and furnishing the same with
suitable fixtures, appliances and
attachments, and the erection of
an iron fence enclosing the court
house yard, of said county, upon
which said Jail was to be built;
and, whereas, said order directed
has before provided for the issu-
ance of said bonds the board
should have published a notice of
the proposal to issue said bonds to
the amount not exceeding 500, 900
for the purposes aforesaid, in the
Leader, newspaper printed and
published and having a general
circulation in Lincoln county for
three weeks next preceding the
December term, A. D. 1902, of
said board of supervisors, the
time fixed by said order for the
provision of issuing said bonds;
and whereas, at the said Decem-
Der term, A. d. 1902, of said su-
pervisors' court, an order was
duly passed providing for the is
suance of bonds to an amount not
exceeding $4,000 for the purpose
hereinbefore mentioned, on the
first Monday in February, A. D.
1908; and whereas, a doubt having
arisen that three weeks had not
elapsed from the 5th day of
November, A. D. 1902, until
the 4th day of December fol-
lowing and that the publication
had not been made the full
term of three weeks, preceding the
4th of December, A. D. 1902, in
order to afford the taxpayers of
Lincoln county sufficient time in
which to petition against the is
suance of said bonds; and, where
as, this board is now advised that
a petition is now being circulated
against the issuance of said bonds
aforesaid; for the purposes afore-
said, wherefore it is ordered by
the Board of Supervisors of Lin
coin county, That for the purpose
of raising money for the erection,
construction and completion of
new two-story brick Jail for said
county; and furnishing the same
with suitable fixtures, attachments,
appliances and property, and the
erection and completion of an iron
fence enclosing the court house
yard of said county upon which
said Jail is to be built, this board
proposes to provide for issuance
of the bonds of Lincoln county to
an amount not exceeding 500, 200,
on the first Monday, the same
being the End day of February,
A. ID. 1903, which bonds shall be
in denominations of $500 each.
The bonds proposed to be is
sued shall be known as serial
bonds, in accordance with section
81 and 312 in chapter II of the
Annotated Code of Mississippi of
1892 and chapter 1875 of the laws
of the State of Mississippi, ap-
proved Feb. 16, 1900. On pages
165 and 1865 of said laws. All such
bonds shall be Autographed with
suitable devices to prevent coun-
terfeiting; shall be in sums of $500
each and shall be signed by the
president of the board, and coun-
tersigned by the clerk, who shall
impress the seal upon each bond
as it is issued and every such bond
shall specify on its face the. pur-
pose for which it was issued the
total amount authorized to be is
sued; and each shall be made pay
able to the person by name, the
purchaser followed bpy the word,
''or bearer" and the bonds so is
sued shall not exceed five per cent.
per annum interest, payable an
Fnually, and the bonds so issued
shall not mature later than %
years from the date of their issu-
ance and shall not be sold for less
than the face value. Said bonds
shall bear date of Feb. 1st, A. ID.
1908. 1t is further ordered by the
board that the board shall levy an
nually a special tax to be used ex-
clusively in paying the interest on
such bonds and providing a
sinking fund for their redemp-
tion. It is further ordered by
the board that the board shall pub
lish notice of the proposals to