The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1905-10-20
To ISSUE BONDS
BY MAURY COUNTY, TENNESSEE
CHAPTER 527.
HOUSE BILL NO. 825.

HOUSE BILL NO. SIS.
An authorize the Quarterly County Court Maury County,
Tennessee issue and sell bonds the
Indebtedness of the county, consisting bridge house.
and other and also pay for the erection of its
SECTION l. BE 1T ENACTED BY THE GENERAL AS
Court Maury County, Tennessee and the hereby
empowered term of the Quarterly Court authorize and
off the outstanding Indebtedness of the county, consisting bridge
house and other warrants outstanding and also for the
of paying for the completion of the court house now being
but said issue of bonds not exceed the of two
interest not exceeding four cent payable annually and
said bonds to be due and payable not than twenty
Inv the pr of the Connty Cont Of said county and be on
OF latter attached thereto shall
their face that they issued in of this Act and
they shall not be issued for other than herein
said bonds shall be consecuvey and be
such amounts and payable the lawful of the United
such exceed twenty the date of
issuance and at such place. Quarterly Court of said county
SECTION 3 BE IT FURTHER ENACTED That upon the
issuance of said bonds they shall be binding and valid debt
annually purpose paying the
said bonds and sinking fund with
due Said bonds shall each have attached to them for
they have to n showing on their face the number and
of the bonds to which they attached the amount of such
nstament Of interest said bond and when the
shall be DUE which coupon shall be signed in the same
said bonds except that the seal Of the County Court
need not be affixed thereto and the signature OF the County Judge
or Chairman and Clerk OF the County Court may be Autographed
SECTION s. BE TT FURTHER ENACTED That the Quar-
ery Court said county from time to time take such steps
securing and investing and collecting the sinking fund herein
provided for the end that the applied the
SECTION T. BE IT FURTHER ENACTED That said bonds
County t coS 3 Ge and the County Trustee of
said county and the funds arising from the sale of the shall
be paid into the hands said County Trustee who shall mmed
atey advertise four weeks for the holders of all outstanding
present said
office payment said date for be later than
twenty from the last insertion of said advertisement
said by said date then the interest
shall the to be made in two
published said redivdng the funds
as the County Court in quarterly session may determine with
good solvent security be approved by the County Judge
conditioned for the faithful keeping discussing and accounting
said funds and for the full OF all his duties
Trustee relative to said funds
SECTION s. BE IT FURTHER ENACTED, That the County
Judge county shall keep book
of the number denomination of said bonds issued
under this Act and the thereof which shall at all
times be subject inspection by the members of heCoun Court
ISSUED under this Act need not be issued at time but be
ued such and such times Quarterly County Court
determine but the total amount issued not to exceed two
hundred thousand $500, 100000 dollars
SECTION 6. BE ITFURTHER ENACTED, That said County
Trustee shall keep of the special tax levied and
collected under this Act and after the interest said
semannuay he shall retain the remainder thereof each
sinking fund for the of paying off and retiring
said bonds.
SECTION T. BE IT FURTHER ENACTED That the County
county shall within Immediately preceding
the maturity of said bonds OF hem give notice to the
deS through published Columbia
Tennessee for period of thirty days. stating said notice the
number said bonds and when they shall become DUE and
quesng that the same be presented for redemption
date Columbia tennessee ana II
for redemption the time and place
so designated then the interest thereon shall
BE IT FURTHER ENACTED That this Actl
take and after the public welfare requrng
Passed April Is, 1903
w. K ABERN ATHY,
Speaker of the House of Representative
E. RICE,
Speaker of the Senate