The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1916-01-15

banks in said county of the provisions
of chapter 1874 Of the acts of 1912 of the
Legislature of Mississippi, and by direc-
ting copy Of said notice to each aid
every bank in the adjoining cou ,ties.
which said notices we're duly published
and mailed by the clerk of this board.
as appears from the proof uf publica-
ton thereof filed with the clerk of this
board, and which said notices advertis-
ed tha. the board would, at the Janua-
ry, 1916, meeting, receive bids or pro-
posais for the privilege Of keeping
the county funds or any part there If,
and the security offered; and the board
having received, opened and considered
all bids or proposals for the privilege of
keeping on deposit the county funds,
does hereby award the following funds
to the banks sespsctiv sly named below,
it Appearing to ths sstisfsction of the
board that said hanks have offered the
best bid or proposal for The privilege
Of keeping on deposit the respective
funds set Opposite their names, having
in view the safety of said funds. toswit:.
To the Cotton Exchange Bank OF
Cleveland. Mss, all drainage finds;
said bank having proposed to pay for
the privilege Of kee ping said fund inter-
est at the rate Of 81 per cent per an
num on the average daily deposit, and
having offered the following security:
Desd insthe sum Of &50, ,Ots9 90 signed by
the United Stsxes Fidelity & Guarsn
Co. Of Baatimore, Md, and bond signed
by Planters hank Of Clarksdals. Miss.,
Tor $40, 900. 90.
To the Cleveland State Bank Of Cleves
land. Miss, the common school and 10th
section fdnd4: said bank having pfooos-
ed to pay for the privilege of keeping
said +, nds interest at the rate Of 3H
per Ger per annum on the eve 'age dai-
ly balsr &c, and having oReren the fol-
lowing security: Bond in the sum OF
$25, 900. 90. signed by the National Sure
ty Co. as surety.
To the Bank OF Shaw. Shaw, Miss.
the cor mon county funds; said bank
having proposed to pay for the privi-
iege of keeping said fund on depo 'it in
terest at the rate Of "a per cent per
snnum on the average daily balance,
and having offered the following secur-
ity: Bond in the sum of $i5.0oo.0o,
$i,OOO. 90 Of which is signed by the U.
S Fidelity & Guaranty Co. ard $4,000
signed by Planters Bank of Clarksdale
as surety.
To the Valley Bank of Rosedale. Mis-
sissippi. the lst and 2,d district road
funds; said bank having proposed to
pay for the privilege Of keeping said
funds on deposit int .rest at the rate OF
81 per cent per snnum on the average
daily baisnce. and having offered the
following security: Bond in the sum OF
s22. .OOO.OU, signed by U. S. Fidelity &
,,-aranty Co. as sureties.
T. the Citizens Bank Of Shelby. Miss.
ell of the following funds. to-wit: Rail,
road bond and interest fund, instituted
account fund, dog tax fund. Agricultu-|
raj High School building fund, court
house fund, pension fund, Agricultural
High School bond snd. interest fund.-
road and bridge No. 8 fund. road and
bridge fund No. 4, road and bridge,
fund No. S. Alligator separate road dis
trict fund. general road and bridge
fund, said bank having proposed to pay
for the privilege of keeping said funds
on deposit interest 1t the rate OF ~
per cent per annum on the average dat
~ balance, and Yav ng offered the fol-
lowing security: Bond in the sum OF
$40, 600. signed by the Planters Bank OK
Clarksdale ~ surety.
After the above named banks have IN
every respect complied with the stat
utes in s1ch cases made and provided
and have deposited the securities Offer
ed by them in the hands OF the county
treasurer, the president and the clerk
Of this board are ordered and directed
to issue commissions to said depositor-
les for q term of one year, as TO the
funds respectively above awarded them.
Whereas, at regular meeting OF the
board Of supervisors of Bolivar county,
held on the first Monday of November,
1915, an order or ordinance was duly
passed ard adopted. providing for the
publication Of notice of the intention OF
the board Of supervisors to create ana
organize separate road district to en-
brace and composed of oil of supervis-
ors district number four of said county.
under the terms and provisions of chap
ter l7a Of the laws of 1914, OF miss'ssip-
pi; and,