The Semi-weekly leader. (Brookhaven, Miss.) 1905-1941, 1907-10-26
THE CITY COUNCIL.
OFFICIAL PROCEEDINGS Of REGULAR
OCTOBER TERM, 1907.
Bids Invited for Concrete MaIks.-Water
and Light Bonds Sold.
Annual Financial Statement -Trsasurer's
Report Approved.

Proceedings of Adjourned Meeting
October 15, 1907, continued from
las issue.)
Bids for Concrete Sidewalks. -
The matter of asking for bids for
laying of such concrete sidewalks
as the city will have to construct
where the abutting property own.
er has failed to construct same OF
has requested the city to have
same constructed, coming before
the Board, and, it appearing that
the city will have about five miles
(more or lessl of such sidewalks
to construct for property owners,
on motion, duly seconded and
carried, the city clerk was direct.
ed to advertise for sealed bids for
the laying of, and constructing OF
five miles, more OIL less, of con-
crete sidewalks in accordance with
plans and specifications as adopt.
ed by this Board on May 18th,
1907, minute book 5, pages 1853 to
40, inclusive, and as amended,
minute book 5, pages 1T to 1S0
inclusive. Said sealed bids to be
submitted to the city clerk not
later than Monday, November IS,
1907 at 1880 o'clock p. m. The
city will reserve the right to
either pay cash when work is com.
pleted or require the contractor to
carry the debt, secured by liens
on abutting property, payable in
annual payments, not more than
five. Sach deferred payments to
bear interest at the rate of Z pei
cent. per annum, payable annual
ly. The successful bidder will be
expected to furnish a satisfactory
bond in the sum of SO, 500, condi
toned for the faithful perform
ance of bis contract.
The right to reject any or all
bids is reserved by this Board.
Sale of $4,000 of Electric
Light and Water Works Exten
sion Bonds. The matter of sale
of the SIS, 900 of bonds issued fol-
the purpose of purchasing new
and larger machinery for water
and light station, extension Of
mains, installing fire hydrants,
etc., coming before the board, ano
this being the time and. hour
designated in the notice asking
for bids for said bonds, on motion
the board proceeded to open such
bids as we're received, and to
award said bonds to the success flu
bidder. There were only two
bids submitted. w. F. Hayes &
Son, Cleveland, Ohio. bid for the
entire issue the sum of S15,0O7.
principal and interest payable il
New York City. The CONNER
cial Bank, of Brookhaven, bid for
the entire issue the sum of S15,.
600, with accrued interest, prin.
cipal and interest payable in
Brookhaven. The board having
considered the bids, and being oil
the opinion that the bid of Com.
mercial Bank is the best and most
satisfactory bid, everything con.
sidered, on motion, duly seconded
and carried, the said bid of Com
mercial Bank was accepted and
the said bonds were sold to the
said bank at and for the sum oil
$15,000 and accrued interest, and
the mayor and city clerk were
directed and instructed to sign
and deliver the said bonds as soon
as same can be Autographed and
received ready for signature.
On motion, the mayor was in.
structed to have the bonds as sold
to Commercial Bank, Autographed
and prepared ready for signature
and delivery.
The Annual Statement of the
receipts aud disbursements by the
city of BrookhaVen, for the fiscal
year ending Oct. 1, 1907, prepar
ed by the city clerk, having been
examined by the Finance Commit.
tee, was approved and ordered
spread upon the minutes of this
meeting. (This financial state.
ment appears on second page oil
this issue of The Leader).
On motion, the Board adjourned
to meet Monday, Oct. 81, 1907, al
1880 p. m.
CHAS. HAMILTON.