The commonwealth. (Greenwood, Miss.) 1896-1923, 1906-04-20
ORDNANCE AUTHORIZING
The Issue of Bonds Of the City of
Greenwood. Mississippi.

Whereas. the Mayor and Board Of Al
dermen of the City Of Greenwood. Mis-,
sissippi, have heretofore declared the
desirability Of issuing the bonds OF said
City for the purpose of paying the in,
d~ehtednesa contracted by said City for
the erection Of the City Hall in said
City, and for the purpose of paying the
Indebtedness Of said City contracted in
constructing and erecting the iron
bridge across pelucia Bayou in said
City, and for the purpose of enlarging
and building an addition to the white
public school building of said City, and
Tor the purpose of purchasing and pro-
viding a hose wagon, horses and prop
erty equipplng a fire department for said
City, and for the purpose of paying for
the constructing and laying of street
crossings in said City, and have pub
lished a notice, according 10 law, of the
intention to issue bonds Of said City;
And whereas said notice of intention
was published in the official newspapers
in the City of Greenwood for three
weeks neNt preceding the 5rd day Of
April, 1906, and the Mayor and Board OF
Aldermen of the City of Greenwood.
have found and declared, and do hereby
find and declare, that there was not,
prior TO the 3rd day Of April, 1906, or
since that date, filed with the City Clerk
any petition by the legal voters Of said
City, nor has any protest or objection to
the issuance Of said bonds been filed
with the Clerk:
Therefore, BE it Ordained by the
Mayor and Board of Aldermen Of the
City Of Greenwood, Mississippi, as fol-
lows:
Section |. That there are hereby di-
rected to be prepared and to be issued
the bonds of the City of Greenwood,
Mississippi, to the amount Of Thirty
Thousand (S3O,000) dollars consisting of
Twenty (2Ol bonds OF One Hundred $500
dollars each and Fifty Six 500 bonds OF
Five Hundred $500 dollars each. which
said bonds shat be dated the first day
OF june, A. b. 1906, and One Hundred
iSiO0I dollars shall become due and paya-
bic each june LIST, 1907, to 1925, inclusive,
aud Twenty eight Thousand (S28, 900
shall become due and payable on the
first day of May, A. d. 1926. Said bonds
shall bear interest at the rate of Five
~ Per Centum per annun, payable an
nuaIly, both principal and interest pay
aUie at the City Treasurer's Office in the
tlty Of Greenwood and State of Missis-
sippj.
Section II. The bonds hereby auth
0rized shall be in substantially the fol-
lowing form:
UNITED STATES OF AMERICA
STATE or MISSISSIPPI
CITY OF GREENWUt
No. IMPROVEMENT BOND s
Know All Men BY These Presents,
That the City of Greenwood, in the State
OF Mississippi, acknowledges to owe and
for value received, hereby promises to
pay to ...,.-... .........-
or bearer
Dollars, IS J, lawful money of the
UNITED STATES or AMERICA, on the first
day OF June A. d. 10 with interest
thereon from the date hereof at the rate
Of Five ~ Per Ceutum per annum, pay
able annually on presentation and sur
render Of the annexed interest coupons
they seyeralIy become due.
Both principal and interest of this
bond are hereby made payable at the
City Treasurer's Office, in the City of
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