The leader. [volume] (Brookhaven, Miss.) 1895-1905, 1904-05-04

~ ~ ANV14g AoAdAs w A0dE-
An Ordinance authorizing the is
suance of School Bonds of the Vii
lage of Bogue Chitto, Mississippi, to
the amount of Three Thousand Dol
lars (S3000.00).
Whereas, Notice of the intention to
issue the school building bonds of the
Village of Bogue Chitto, Mississippi,
has been duly published in The Lead
or, newspaper having general cir
culation in said village, and no petit
ton against the issuance of said bonds
has been filed; and, whereas the Board
of Mayor and Aldermen of said village,
notwithstanding there was no petition
or demand for an election, submitted
the question of the issuance of said
bonds to the qualified electors of said
village, and tWo-thirds thereof voted
in favor of the issuance of said bonds
to the amount of Three Thousand
Dollars (S30000 COZ; Therefore
BE it ordained by the Mayor and
BOARD of Aldermen of the Village of
Bogue Chitto-
Section l. That for the purpose of
providing funds for the erection of a
school building in the Village of Bogue
Chitto, there are hereby authorized to
be issued thirty (30l school building
bonds of One Hundred Dollars each,
dated the LIST day of January, 1904, and
becoming due on the 1st day Of Jan
uary, 1924, but reserving the option to
said village to pay the same at any
time after five years from the date
thereof Said bonds shall bear inter
est at the rate of five % per centum
per annum, payable annually, and
both principal and interest Of said
bonds are hereby payable at the Capt.
tai National Bank in the city Of Jack
son, Mississippi.
Sec. 2. Said bonds shall be in sub
stantially the following form:
United States of America.
Mo-. $4,000.
State of Mississippi,
VILLAGE OF BoGUE CHITTo, MISSISSIPPI,
School Building Bond
Know All Me- by These Presents.
That the Village of Booue Chitto, in
the County of Lincoln and State of
Mississippi, acknowledges to owe, aud
for value received hereby promises to
pay to Thomas j. Bolger Company, or
bearer, One Hundred Dollars, lawful
money of the United States Of Ameri-
ca, on the first day of January, A. ID.
1924, with interest thereon from the
date hereof at the rate of five per
lcentum per annum, payable annually,
on the presentation and surrender of
the annexed interest coupons as they
severally become due. Both principal
and interest of this bond are hereby
made payable at the Capital National
Bank in the city of jackson, State OF
Mississippi. The Village of Bogue
IChitto reserves the right to pay this
bond ut any time after five years from
the date hereof.
This bond is one of series of like
tenor, issued for the purpose OF pro-
viding funds for the erection Ut a
school building in the Village of Bogue
Chitto under the authority of Chapter
SO 0i the Code of Mississippi and Of au
ordinance duly passed by the Mayor
and Board of aldermen of said village.
Ard 1t is hereby certified and recited
that all acls, condii ions and things re-
qnired to be done precedent to and iii
the issuing Of this bond have beer;
done, happened afsd been performed
in regular and due form as required
by law, aud that the total Indebted
ness Of the Village of Bogne Chitto,
including this bond, does not exceed
the statutory or constitutional limita
ti0ns.
III testimony whereof the Mayor and
Board of Aldermen Of the Village oi
Bogue Chitto have caused this bond tt.a
be signed BY the Mayor, conntersigned|
BY the Clerk, with the village seal if
fixed, this Ist day OF January, 1904.
$1,000 Mayor.
COuntersiUne1: