The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1914-01-16
me to make the loan. On this authority

l secured the IS. 900. 90 from Judge ]. A.. p:
of Jackson and the note Is dated
March 2lst, 1913. and Is due the first day
Of February. 1914. and bears interest at
the rate of Five per cent per annum
This fund was disbursed through COM
mlttees appointed by me in some in
stances and through relief committees al
ready in charge Of the situation. An item
lied statement of the disbursements of
TINS fund and the balance on hand, con-
sistlng OF some money returned. not used,
Will be sent to you.
The State Charity Hospital Of Jackson
nnding itself very much in need OF funds,
In 1912 letters were written by the Super
l~ntendent; DIR. s.. Fl. Mclean. signed by
me, to the members OF the legislature,
asking authority to borrow 81, 900. 90 and
pledging themselves to vote for an appro-
prlation to repay this sum with interest.
this and pledged themselves to vote for
With tn interest. secured this sum Of
Trust Co. of Jackson and the note for
10000 Is dated December 18th. 1912.
and Is due February list. 1913. with inter-
The National Guard finding itself very
much cramped for funds. on account OF
some unusual expenditures. at the request
OF the Adjutant General. letters were
written to each member of the legisla-
ture, n pledges received by me to vote
an appropriation to repay 81. 500 90 that
might be borrowed by me, and under this
authority l borrowed the sum Of 81. 500. 90
from the Jackson Bank at a rate of Six
per cent interest and this note is dated
10th. 1914.
In October. 1918, I received certificate
from the Board of Trustees OF the State
Penitentiary stating that the regular ap-
preparation had been exhausted, and that
the Emergency. Fund of s25 100000 had
been spent, and asking hat / negotiate
for a loan of s25, 900. 90 as authorized BY
the act making appropriation for mainte-
nance and support fund for the years 1912
and 1913. After careful inquiry and using
nv hest en6payprg nppOfiatad thiq 1Oa n
Of $25, 900. 90 through the Merchants Bank
& Trust Co. and the First National Bank,
500. O0: These notes bear date November
list. 1913. and are due and payable Febru-
airy LIST, 1914. with interest at the rate OF
Under authority of House Concurrent
Resolution No. 5, l negotiated through the
Capital National Bank of Jackson a LOAF
for the investigation Of the State Peni'
Tertiary and to repay amounts previousl,
advanced. This was secured and tw
, me to said ban and they bear date Jul.
10th. 1913. and are due and payable Janu
airy goth. 1914. with interest at the rate o
Six per cent per annum.
3 Under authority of Senate Concurren
/. Resolution No. Z passed at the special SEES
: sion of the legislature in June. 1914, l wa
{ of the Legislative Investigating Commit
: tee and this sum was secured from tn
e e Capitol National Bank OF Jackson and not
!. thttuttu d. HE us 1ONtTIDT u tIdl sun
, This note is dated January 3rd. 1913. an
. is due January 18th. 1914, and bears in
\ terest at the rate Of Six per cent.
q In august, 1918, l received q Statement
i from the legislative Investigating Commit
: tee that the fund Of s.. 90 authorize
a by resolution above mentioned, was ex
e hausted, and that they needed more fund
t with which to continue their investiga
, ton. on letters being written by tn
committee to each member of the legls
~ lature asking for authority to borro
Twenty Thousand Dollars. and pledgin
" themselves to vote for an appropriate
N to repay this sum with interest, and bcir
II requested by the committee to do thi
and that negotiate for it in sums .,
s.. 900 90. l negotiated a loan with Il
!, Merchants Bank & Trust Co. of Jackso
~ Miss. for IS, DOC. 90. This note is dat'
: August 21st. 1918. and bears interest
the rate of Six per cent and is due Jan
81 AIRY goth. 1914.
Is the Legislative Investigating Commit
II that they had exhausted the previo
" amount of 100000 and asking that
ID make a further loan of S.. 90 in ord
that they could continue their work.
!. did this through The Merchants Bank
y Trust Co: of Jackson and the note {
~ S., 900. 90 bears date october 18th. 49,
~ and is due and payable on January 2ot
90 1914. with interest at Six per cent p
~ annum
u, In November l received a stateme
mittee that previous amounts borrow
~ ~ had been exhausted and that further, SUI
40 were Necessary to continue their work a
~ asking that l borrow the remaining 81
T.. 600. 90 authorized by the pledges above 7
Is ferred to. l secured this sum Of 81
=, 900. 90 from the Merchants Bank & Trl
"a Co. of Jackson at a rate of Six per ce
- interest. This note Is dated Novemh
az END. 1913. and is due January Goth. ~
re All the funds mentioned as having be
- secured for the Legislative Investigate
o. Committee were deposited to an accou
=. styled Legislative investigating Comm
re tee. 4. c. Anderson. Chairman a :
lie Anderson. endorsed by me. with receipt
re vouchers attached. This committee l u
a derstand. will make detailed report
their expenditures
~ The Board of Trustees of the Agric'
W tural and Mechanical College finding I'll
sidewalks were badly needed at the G.
~ ings being extremely difficult. correspon
~ ence was had with each m of t
a. legislature by President Hightower, AZ
e. ing Governor Bilbo and me. and author
. was received from more than IA major
of the legislators authorizing a loan
$40, 900. 90 and pledging themselves to V,
re for an appropriation at the 1914 sessi
he to repay the sum so borrowed, togeti
es will interest. When the work was dc
10, the contractors waited for their mon
to quite awhile. and finally clamoring for
he in November the Board of Trustees e,
to cuted a note for SO, 900. 90. entering
e- proceedings in regard 70 1t on their m
DIS utes, and authorized Hon. G. K. Hlghto
i'm err. as President of the College, and me
b. Governor and Chairman Of the Board,
It's execute a note for $40, 100000 plus int
rk est. which was 10000, and this note
,I2 $40, 1000 was executed to the Secur
yer Bank of Starkville. This note is {
for ..............
re, | will state here that in every instai
est where sums were borrowed | first tried
mt obtain loans from state banks or iudiv
'e- uals. Where / could not do this !
it'll sorted to the money centers of the III
is where the interest rate was cheaper b,
ny per cent at least.
I deem it proper here to refer to an
he legation of the state incurred during a p
l, vious administration, which is still
No. and outstanding.
Il Just as the session of 1912 was clos
S.. it was brought to my attention that tn
in was a note executed by Governor r.
the Noel to the First National Bank of Clar
Try dale, Miss, for the sum of $40, i65. 90. VII
was dated August 18th, but bore inter
Egg from Nay 3rd, 1910. interest due Janu
go 18th. 1911, and January 18th. 1912. I
J a note was executed for the purchase pl
we'd of land bought by the trustees of the p
of litentiary from T. H. Allen. Other /
per was also bought and similar notes. e
cen cuted to the owners. and appropriai
was made by the Legislature to &C
them, but in some way this was o,
ent looked by you until brought to the att
ton Of the legislature just before the c