Greene County herald. (Leakesville, Miss.) 1898-current, 1909-08-27

$500
1903.
DAN MCLEOD, Mayor
A, NJ. MCLEOD, Town Clerk.
Seal Town Of LeakesviIlel
And whereas twenty per centum
of the adult tax payers Of the town
of Leake3ville, ard the municipal
lty, have not petitioned against
the issuance of said bonds and the
said bonds to the amount Of Seven
Thousand Dollars, does not exceed
in value seven per centum OF the
assessed value of the taxable
property Of the said municipality,
there being at present no out
standing bonds or obligations of
the municipality.
All Of which foregoing premises are
now adjudged and found to be true.
Now therefore,
Section /.
BE 1T ORDAINED, By the may
or and Board of Aldermen of the
town of Leakesville, that for the
purpose OF raising funds for the
purchasing Of a School House and
grounds therefor, mentioned and
defined in the foregoing notice,
the bonds Of the said town of
Leakesville shall be issued and
sold to the best advantage. for
cash to the amount Of ($7000.00)
Seven Thousand Dollars, under and
Fly virtue Of the powers conferred
by sections 3l15, 3416, 3419 and
1920 of the Code Of 1906.
Sec. 2.
Said bonds shall bear date of
September LIST 1909 and shall run
through a series of twenty years
from the date of their issuance and
shall bear interest coupons, which
shall be payable on the 1st day Of
September of each and every year,
and said bonds shall be known and
designated as The town of Leakes-
vile School Bonds. F." Said bonds
shall be Autographed or engraved
with suitable devices to prevent
counterfeiting and shall be num-
bered from one to thirty inclusive,
and the bonds numbered from one to
twenty inclusive shall be of the de-
nomination Of one hundred dollars
(S100.00) each and those numbered
twenty-one to thirty inclusive shall
be of the denomination of Five
Hundred, $4,000, each and bond
No. l shall be definitely due and
payable on the LIST day of Septem-
Der 1910, and bond No. 2 shall be
definitely due and payable on the
LIST day Of Sept. 1911, and so on In
numerical order, one bond of the
denomination of Ore Hundred Dol
lors, 500, shall mature at the end
of each and every year form the
the first to the twentieth year, both
inclusive and all Of said bonds
numbered from twenty-one to thir-
ty inclusive, of the denomination
of Five Hundred Dollars, $500,
each, shall become definitely due
and payable on the LIST day OF
September 1923, all without op-
ton or right to earlier or previous
payment, the matureties of said
bonds being hereby fixed as abso-
lutely definite and positive,
Sec, 3.
That the said bonds shall be ex-
ecuted and issued in the following
form, except as to denomination,
maturity etc,
United States of America, !
BOND NO i. State OF mississippi. 500
Town OF LeakeSviHe. }
TOWN FLEAKESyILLES SCHOOL BONDS
Know all men by these presents, that the
town of LeakeSville, in the County of Greene
and State OF Mssi ppl. acknowledges Itself
to owe. and for value received ne. eby promises
TO pay Jo---.-----------------,or bearer, The sum
of one huAored Dollars On Lhe Isl Gay OF
Septem Der 1915, with interest thereon at the
rate ofsix per cent per annum payable annually
on the lSt day OF September OF each yedr,aS evi-
denced Uy interest coupons hereto attached.
and until the principal sum IS paid; and the
principal and interest OF IniS bond shall be
payable in lawful money of the United States
of America at the office of the Treasurer OF
SAID bonds and interest coupons as they ma
ture, This bond is one OF a series of like date
and purpose numbered from one TO twenty IN
elusive for one hundred dollars each and from
twenty -one to thirty inclusive for Five Hun
dred Dollars each, aggregaIing the principal
sum of Seven Thousand Dollars, $4,000 aud |
Is issued by the Mayor and Board OF Alder
men of the town OF LeakesvIlle for the pur-
pose of purchasing school house and grounds
therefor for the said towl of LeakeSvisle un-
der and by virtue of the provisions of Code OF
Mississippi 1906. Sections 34l5. 34l6. 34l9 ana
1920 and ordinances duly passed and approved
by said the MAJ or and Board OF Aldermen OF
the said town of LeakesvIlle, and tits hereby |
certified and recited. that all acts, conditions
and things to be done PRECEDENT to and in is |
suance OF these bonds have been properly |
done, happened and performed in regular and |
due form as required by law. and THAI the mu- |
of LeakeSvllle at present has no |
bonds or obligations of any
amount, and that the amount of this bond
ISSUANCE does not exceed any limits OF in |
debtedness prescribed by the constitution and |
laws OF the State of Mississippi, and that the 1
for the levy OF a direct and special !
tax sufficient 10 pay the principal ana |
in crest of said bends as the same reSpectf IL
become due, has been made and will be duly |
levied upon all the property subject to taxation
In said town in the manner required by law and |
that the good faith credit and revenues Of said |
town are hereby irrevocably pledged to the |
Of the principal and interest of this |
ccrr 10 rf hon ID