Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1905-08-19
PREAMBLE AND ozDIEAuoE.
For ho Issue ofsi5.ooo w%ntere'-'a ana
Electric Light Bonds Of ibe 9ts 9f
MHoen, MisssApo

Macon, Miss'sspo
Whoieas, bN ordinance duls -aj an
Npril 7th. lao', the mBvot aud ,no..r at al-
icrmen OF the CITY ~ Macon, Miss pro-
posed Ia issue the bonds Of The snid civ
ot,the amount % sIjini FOR the purpose pi
the completion OF the watorworSs plant
and the pa, ment for the completion ,oi the
%eloctic light plant Tor the City Of Macon,
and.
Whereas. II was further provided IN SAID
ordinance that notice OF the pr0poSal to
issue the said bonds should by published
rs required by law, and.
-Whereas, Notice oil The proposal TO issue
the said bonds has been duly published as
required by law, and no protest Of any kind
has been made or filed by the adult tax.
payers Of the said town, aud,
Whereas. At an election duly called ana
held on June 9Th. 1908, more than a MAORI
ty OF the qualified electors Of the City of
Macon voted in favor OF the Insurance Of
bonds TO the amount Of $4,000 or the pur-
pose OF the completion OF tile waterw0rks
plant and for the payment tor and compile.
ton OF the %electic light plant now owned
and operated by the raid city, and,
Whereas, sale OF The said bonds has been
made 10 John Nuyce1 Il CompaHy OF Chi
cago, Illinois, nos
iHeftiOIf. DC ~ bluNihtH ny rue Hh1OI
and board ol aldermen olthe City OF Macon,
County OF NoSubee and state Of Miss.
See. l.. That for the purpose Of raising
money for the completion OF The water
works plant and Tor The payment for a Il
completion OF the electric ii bit pldlN now
owned and operate by the said city. the
nrgon sble con- on bonds Of lDe said ct1
shlll he lsstled 10 the amount OF fifteen
thousand dollar, (Sl5.0 900 in DENOMINATIONS
ot y hundred dollars (Sl00j snd i've iuu-
red collars (5i00). shah bt iortv->iS ti8j
In number. numbered from one ~ 10 forty
SIX (4Gj. inclusive, bonds Numbers one ~
to twenty ClDJ, inc lisiNe, being 0i the de-
nomination Of enc hundred do.l.is tl00)
cach. aud bonds numbers twenty one EN-
10 iorty six liG), Inclusive, being Of The de-
nomination OF iYe hundred dollar 5000
each. the said h0ntis shall be tno.n a.
= waierworks md electric light bonds Of
1909 of the saiu city, shall be dated June
18th, 1908, and payable to the order nf,l ohm
NnYeen and Company, or bearer. ~ iol-
lows: One huslfed dollars (SlHO) on june
18th. 1906. sud one hundred dollars $500
on June 18TH. each and eveft year there
siter.Lp fo'andincludingJane 18th, 1924, aud
thirteeu.thousmd one hundred dOll1rt(Sl3,-
l|00)onJune 18th. 1928. Said bends shall bear
interest al the rate Of five per centum Is per
cent per anuum, payable ,cini-spnnllly an
the iiteeuth days Of December aud June
in ench ,ear as evinco1 by interest coupons
attached to SAID bonds, out hotl principal
and interest Of the said bond hall be pay
able in lawful money OF the United States
of America. at tho Continental National
Bank. in the CITY Of Chicago and Stale OF
Illinois.
sec. .. That the said bonds and the
n .InYnfa attached hall l.. -
substantially the following forms, respec-
lively, towit:
~ UNITED STATES OF AMERICA.
sTATE .oF MISSISSIPPI, co. OF NoXuBEE
CITY OF MACON
No. 5
WATERWoRKs AND ELECTRIC
LIGHT BOND OF 1905.
Known all men by these present; That
the City of Macon, Counny Of Noxubee and
State Of Mississippi. acknowledges itself to
owe, and. for value received, hereby
promises 10 pay to John .Nuyeen and Colu-
pany, or bsarer, the principal sum, OF
dollars Is J,
on the fifteenth 'day Of June, 10 with
interest thereon from the date hereof un.
Ill pad, at the rate OF five per ctntum 5
per cent per mum payable sem snnual-
ly, on the iftaenth days Of Dece 1,er and
Junn In each year, as sgitsncsd h. ,sud IN
the presentation and sur der D. be 81
taehed interest coupons; they safofauy
become due. Both principj and irts cst'0t
OF this bond are hereby made pa7aDie n
lawful money ofthe United States " mgr
lea. at the Continental National hask. in
the City of Chicago, State Of Illinois, And
iortthe prompt Payment of this bond at
maturity, and the interest hcreon sslt falls
due, tie full faith; credit aud resources
OF the said city are hereby lrrevocably
pledge.
This bond Is one OF a series OF forty-six
tl6l bonds Of like 'date aud tenor except
as 10 denomination and maturity. amount
ing in the aggregate TO fifteen thousand
dollars ($l5.000), issued for The purpose OF
raising money for the completion Of the
water works plant and Tor the payment for
and completion OF the electric light plant
now owned and operated hy the city. un-
der authority Of Sections 3Ql4 TO sou. as
amended, OF chapter 9} Vt the c0te of Mis-
sissippi tor 1892, and a majority Of all thu
qual fed electors OF the said city at u
special election duly called aud held on
June 9Th tor the purpose OF voting on the
question Of issuing said bonds, and Of or
dinanees duly passed at legally held meet
lhHs VI Aht una u !" a" W
the said city.
Aud 1t is hereby certified and recited
that the said city Of Macon is a legal mu-
nicipal corporation existing under the laws
of the State Of Mississippi, that due notice
of The PROPOSAL to issue the said bonds was
plhlis6ed AS required by law, thai no petit
tlon being presented against the issurance
Of Tho said bonds, the mayor asd board OF
AIDE, mes of the said city duly provided for
the issuance Of The SAME at a regular meet
ing " the said board, and that the said
MAYOR and board Of aldermen will
each wear, at the time provided by
law. lev, q special annual lax, 10
be used exclusively in paying the interest
IN this bond and The bonds maturing IN one
year. and providing . sinking fund
for the redemption OF this bond at maturi-
~.
cited that all acts. conditions and things
required to be done have been done hap
pe ned ana been performed IN aue form and
Tune, as required by the laws and constitu.
ton OF the state Of Mississippi, aud that
the total bondGd Indebtedness OF the said
city. including this bond. does not exceed
any constitutional or statutory limitation
thereon,
In testimony whereof, the said City OF
Macon has caused this bond to be signed
by is MAYOR and countersign0d by its
clerk, and the seal Of the said city TO be here.
unto ali yed, and the coupons hereto at
tached 10 be executed with the original or
Autographed fac simtle signatures OF said
mayor and clerk. this fifteenth day of June,
CountersIgned: Mayor
CITY Clark,
form Of C)1pos
On the fifteenth day Of
10 the City OF Macon. CoUaty Of N0X-
ubee and State OF Mississippi. promises TO
pay to John Nuyeen and Company. or
bearer ,.....t..... ...'' .''''. .uouars
Is ......,0 lawful money Of the United
States Of America, at the continental Ma
tional Bank, in the City OF Chicago, State
OF IlIit oils. for interest due that day on its
waterworks ana electric light bond Of 1905,
dated June 10. 1905, No ....,....
......,,,.,. .''''"'' $500
Countersigned Mayor.
CITY Clerk,
See. 3, That the said bonds shall be
signed by the mayor Of the said city and
countersigned by the cit, clerk. aud the
coupons attached to the said bonds shall be
executed with the original or lIth0graptd
tac simile signatures of tho said o%lficialf,
and the said o~iiicisls are hereby ordered
and authorized 10 so execute the said bonds
and coupons ter and in behalf OF ne said
city. Alter bein. executed as herhlri pro-
ytded the said bonds shall no deiiy red to