The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1916-07-14

shall be in substantially the following
form:
UNITED STATES OF AMERICA,
STATE OF MISSISSIPPI.
GENERAL COUNTY BONDS or
GRENADA COUNTY.
KNOW ALL MEN BY THESE
PRESENTS. That the Board of Super
visors of Grenada County, Mississippi
acknowledges itself to owe. and fol
value received hereby promises to pay
to bearer, the sum of Five Hundred
($50O.0O) on the list day of August
49,. with interest thereon at the
rate Of five per ell per annum, pay
able semi-annually, on the list day OF
February and the list day of August
each year, as evidenced by the cou
pons hereto attached. until the prin'
cipal sum is paid. The principal sum
together with the interest thereon, is
payable in lawful money of the Unit
ed States of America, at the
Hanover National Bank of New
York City, New York, upon pres
entation. and surrender Of this
bond, and the coupons hereto attach
ed, as they respectively mature. This
bond is one of a series Of Two Hun
dred Bonds of like date and denOmina'
ton, numbered from One to Two Hun.
dred, both inclusive. a%ggregating in
amount One Hundred Thousand Dol.
lars, and are issued by the Board OF
Supervisors of Grenada County for
the purpose of constructing and main
tanning certain public roads in the said
County of Grenada, under and by vir
tue of Section 331 of the Mississippi
Code of 1906 and amendments thereto
and pursuant to an order of the said
Board of Supervisors passed on the
9th day of June, 1916.
And it is hereby certified and re
cited that all acts and conditions am
things necessary to be done precedent
to and in the issuance of these bonds
in order to make them legal. binding
and valid obligations, have been done
happened and performed in regular
and due form as required by law;
hat the faith, credit and OF
all the taxable porperty Of the said
Grenada County, Mississippi. are ir
~revocably pledged for the prompt pay
ment OF the principal and interest at
maturity, and that the total indebted
ness Of said County. including this is
sue of bonds, does not exceed any of
the Constitutional or Statutory limi-
tations of Indebtedness. and that a
special tax on all the taxable property
Of said County will be levied annual.
ly as required by said Act under
which these bonds are issued, to be
used exclusively in paying the inter
est on said bonds. and to provide a
sinking fund for their redemption at
maturity.
IN WITNESS WHEREOF. The
Board of Supervisors of Grenada Coun-
ty. State of Mississippi. has caused
this bond to be signed by the Presi-
dent, and countersigned by the Clerk
of said Board. and the seal of the said
County is hereto affixed, and the cou-
pons to bear the fac-simile signatures
Of said officers at Grenada. Missis-
sippi, as Of the LIST day of August. A.
D. 1916.
Board of Supervisors of Grenada
County, State of Mississippi.
BY President.
Countersigned:
'''''' tltTh.
Form of Coupon
''''''t''.' NO. ........
On the. day of........ b.,
the Board of Supervisors of Grenada
County, Mississippi. will pay to bear.
er. the sun dollars
l$..-........). at the Hanover Ma
tional Bank in the City of New York,
New York, being interest then due n
General County Bond, dated AUGUST
LIST, 1916, No. .....
President.
Countersigned;
' '..s...., CLERK.
ITO appear on the back of bond)
J. ............. Clerk of the Board
of Supervisors of Grenada County.
Mississippi, do hereby certify that the
within bond has been duly registered
by ne as required by law.
Clerk.
Said bonds shall be signed by the
President of this Board and counter
signed by the Clerk, and registered by
the Clerk of this Board IN a book for
that purpose and the p attach
ed to said bonds shall bear the fac
smile signature of the President and
Clerk of this Board.
1t is further ordered that a special
annual tax on all the taxable property
of Grenada County, Mississippi. shall
be levied to be used exclusively in
paying the interest on such bonds,
and providing a sinking fund for their
redemDtiOn. and that this Rnard shall