Greene County herald. (Leakesville, Miss.) 1898-current, 1909-08-20

of Leakesoille, and having gener
al circulation, a notice of the pro-
posal to issue bonds of said town
in the following words ond figures,
towit: ", t-4f
+ BOND ISSUANCE ORDINANCE.
An ordinance proposing to issue bonds for
the amount of seven thousand dollars for the
purpose OF purchasing School House and
school grounds for the town OF Leakesville
Whereas it is manifest to the Mayor and
Board of Aldermen OF the town of Leakes-
fville, that there is necessity for the purchase
OF school house and grounds therefor for the
town of Leakesville.
ESection No, 1.
Therefore. be it ordained by the Mayor and
Board OF Aldermen of the town OF LeakeSville,
That 1t Is the purpose Of the said Mayor and
Board OF Aldermen OF said town. to issue the
bonds of the town of Leakesville to the
amount Of Seven Thousand Dollars, (47000,OO)
or so much there of as may be necessary for
the purpose OF purchasing a School House and
grounds for tie same. for said town of Leakes-
vile, That notice of the said Mayors and
Board OF Aldermen intention to issue said
bonds be published in accordance with the pro
visions Of Sections 34l5. 34:o. 34l9 and 1920 of
the annotated code OF Mississippi 1906, for the
purpose OF Notifying the tax payers of the
town OF Leakesvilie OF the proposed action of
said Mayor and Beard of Aldermen of said
issuance of said bonds it may be presented to
the Mayor and Board Of Aldermen on or before
the first Tuesday,
The Bird Day of August 1909.
Section No.
Ordered that the above be published in the
Greene County Herald, weekly newspaper
published in the town of Leakesville for three
weeks next preceding the First Tuesday the
the Bird. day of August 1909. ..-.
Upon the adoption of each and every section
OF the above ordinance and its adoption as a
whole yea and nay vote was taken.
r. Those voting Yea all present.
| Those voting Nay------
Adopted and approved this 9TH day of July
1909. ,--.l .s.-,...,.,... t..4- t.
DAN Mcleod, Mayor.
A, M. MCLEOD. Town Clerk
Seal Town OF Leakesville.l
And whereas twenty per centum
of the adult tax payers of the town
of Leakesville, and the municipal
Iity, 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 centunI 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. -+
1 All of which foregoing premises are
now adjudged and found to be true.
Now therefore, .
Section /. ...
! BE IT. 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 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
by virtue Of the powers conferred
by sections 3415, 3416, 3419 and
1920 of the Code of 1906. H'r
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 1.-The town of Leakes-
vile School Bonds 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
($100.00) 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. shall be
definitely due and payable on the
LIST day of March 1911, and so on in
numerical order, one bond of the
denomination of One 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 1st day of |
September 1923, all without OPP
ton or right to earlier or previous
payment, the matureties of said
bonds being hereby fixed as abso-
lutely definite and positive, |
Sec, 8. s@
That the said bonds shall be ex7
ecuted and issued in the following
form, except as to denomination,
maturity ETC. ..a..
{ United States of America,
BOND NO i. State of Mississippi. 500
& Town of LeakeSvile. }
TOWN OF LEAKESv1LLESC SCHOOL BONDS
Know all men by these presents that the
town OF LeakesviIle, in the County of Greene,
and State OF Mississippi. acknowledges itself
to owe nd for value received hereby promises
TO pay Io-.---.-...-----------,or bearer. The sum
OF One hundred Dollars on the list day OF
Septem Der 1910. with interest thereon at the
rate ofSix per cent per annum payable annually
on the lSt day OF September of each year,as evi-
denced by interest coupons hereto attached.
and until the principal sum is paid; and the
principal and interest of this bond shall be
payable in lawful money OF the United States
Of America at the ONCE Of the Treasurer OF
said town on presentation and surrender OF
said bonds and interest coupons MS they ma
ture This bond is one of o series of like date
and purpose numbered from one to twenty IN
elusive for one hundred dollars each and from
twenty zone to thirty inclusivefors Five KUN
bred Dollars each, aggregaIing the principal !
sum Of Seven Thousand Dollars, S7000s0B.. and
IS issued By the Mayor and Board OF Alder
men Of the town OF Leakesville for the pur- {
pose of purchasing a school house and grounds
therefor for the said towr of Leakesvfile. uni
der and by virtue Of the provisions of Code Of
1906. Sections 34l5 34l6. 34l9 and q
3420 and ordinances duly passed and approved :
Dy said the Mayor and Board OF Aldermen OF
said n lea ND nc her Inv Q