The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1910-06-15

/
i LATS, FOR THE PURPOSE OF
/ PROCURING THE LOCATION OF
THE MISSISSIPPI NORMAL COL
LEGE IN THE CITY OF HATTIES-
BURG.
Whereas, the Mayor and Board of
Aldermen of the City of Hattiesburg,
Mississippi, at a regular meeting in
May, 1910, and on the 3rd day thereof,
acting under general law passed by
the Legislature of the State of Mssis-
slppi, at the session of 1910, said law
being Chapter 100, Laws of 1910, S. B.
NO. 322, approved April 16, 1910 adopt
ed an ordinance declaring the inten-
ton of the Mayor and Board of
Aldermen to issue bonds of the City of
Hattiesburg, for the purpose of pro-
curing the location of the Mississippi
Normal College in Hattiesburg. and
directing notice of such intention to
be published in the Hattiesburg Daily
News, as provided by law,
And whereas, it appears to the Nav
or and Board of Aldermen of the City
OF Hattiesburg, Mississippi, that due
notice of their intention to issue said
bonds has been given by publication
in the Hattiesburg Daily News. a news
paper published in the City of Hatties-
burg, for three weeks next preceding
this day to-wit: May 18th, 18th, 18th,
14th, 18th, 18th, 18th, 10Th, 22nd, 2Sth
and June 3rd, and 9Th, A. D. 1910,
And whereas, it further appears to
the Mayor and Board of Aldermen,
that no petition of the adult tax pay
ers of said municipality has been
made and filed against the issuance of
said bonds. all of which foregoing
premises are now adjudged and found
to be true,
Now therefore,
BE it ordained by the Mayor and
Board of Aldermen of the City of Hat
tiesburg, Mississippi:
Section l. That the bonds of sait
City of Hattiesburg, Mississippi, be is
sued and fioated in the sum of Fifty
seven Thousand Five Hundred (s57
100000 Dollars, to aid in procuring tn,
establishment and location of the Mis-
: sissippi Normal College in the City o
Hattiesburg. The proceeds of tn
sale of said bonds shall be used 70
the purchase of land, or erecting
building, or buildings, or in any othe
way to aid in the location of the Mi:
sissippi Normal College in the City O
Hattiesburg.
e Section 2. That said bonds shal
be issued in the denomination of 81
100000 each, except one of said bond.
:, which shall be in the denomination c
$4,000, and all of said bonds shall mt
ture on the LIST day of Sept, A. I
1880, being twenty years after the dat
of said bonds.
Section 8. That said bonds shall b
dated list day of Sept, A. D. 1910, an
shall bear interest at per centum pc
annum from date, and that the int
E est shall be paid on the LIST day {
: March, A. D. 1911, and semi-annuall
4 thereafter.
Section 4. Said bonds shall be It'll
4 ographed and signed by the Mayor an
countersigned by the Clerk, and sha
have the municipal seal impressed VI
on each bond, and shall have interes
coupons attached to each of sal
bonds, which shall have the litht
graphed signatures of the Mayor an
| Clerk of the City of Hattiesburg a
fixed thereto, and such lithographe
signatures shall be in all respects a
binding upon the City of Hattiesbur
as the original signatures of the sal
Mayor and Clerk of the said Cit
| could be.
Section 5. That each bond sha
show upon its face the purpose fo
| which it was issued, and the tota
| amount authorized to be issued, an
| all such bonds shall be registered a
| issued, and numbered in regular serie
from one upward, and each bond sha
be made payable to bearer.
| Section 6. The bonds hereby autht
I rized, shall be in substantially the 70
lowing form:
United States of America, State c
Mississippi, City of Hattiesbure
No. $4,000. 90.
| Mississippi Normal College Bonds.
That the City of Hattiesburg. in tn
State of Mississippi, acknowledges t
! owe. for value received hereby prom
ises to pay to bearer One Thousan