The daily commonwealth. (Greenwood, Leflore Co., Miss.) 1916-1919, 1917-04-11
S20,O0oyO0
GREENWOOD. MISSISSIPPI.
STREET PAVING BONDS.

The City Council of the City Of
Greenwood, in the County of Lefore
and State Of Mississippi, met, pursu-
ant to adjournment on the 26th day of
March, A. D., 1917, the same being
an adjourned session of said council,
with the following members present:
G. L. Ray, Mayor, G. P. Elliott and
T. H. Baird, Councilmen.
There being a legal quorum pres
ent, the following ordinance was pre-
scented by G. L. Ray, and, upon motion
of G. P. Elliott, duly seconded by T.
H. Baird, was unanimously passed and
adopted: AN ORDINANCE PRE-
SCRIBING THE FORM AND DE-
TAILS FOR THE ISSUANCE OF
OF THE TWENTY THOUSAND
DOLLARS l$2O,O0O)- STREET I'M
PROvEMENT BONDS OF THE CITY
OF GREENWOOD, LEFLORE
COUNTY, MISSISSIPPI.
WHEREAS, by an ordinance duly
adopted and passed by the City Coun-
Gil of the City of Greenwood, in the
County of Lefore, Stste of Mississippi,
on the 7th day Of November, A. D.
1916, ordering a special election to
be held on the 9Th day Of December,
1916 for the purpose. Of submitting
to the qualified electors of said city,
who are legally qualified to vote at
such election, the question Of incurr-
ing an indebtedness to the amount of
Twenty Thousand Dollars (20,0OO)
and issuing negotiable coupon bonds
Of the City Of Greenwood, Mississippi,
to become payable within twenty
years after date, for the purpose of
paving, curbing and guttering Wash
Street from Howard Street, |.
westwardly to Mary Street and that
part Of Market Street, eastwardly to
Pelucia Bayou Bridge, and that part
Of Lamar Street from Market Street
to Carrollton Avenue; and,
WHEREAS, an election was duly and
regularly called and held in said City
IF Greenwood, on the 9th day of De-
A. D., 1915; and,
WHEREAS, more than two-thirds
If the qualified electors of said City,
at said election, voted in favor
# the issuing of said bonds as afore-
i
NOW, THEREFORE, Be it ordained
" the City Council of the City Of c
Greenwood, Leflore County Mississip-
Il, as follows: n
Section l. That the Mayor and il
Clerk of the City of Greenwood, Le- 1
lore County, Mississippi, be and they
re hereby, authorised and instructed n
have prepared, and to issue and
xecute for and on behalf of the said p
of Greenwood, the negotiable b
oupon bonds of said city to the II
mount of Twenty Thousand Dollars N
$2O,000), which bonds shall be desig- l!
ated STREET IMPROVEMENT a;
ONDS and shall be in denomination il
! Five Hundred Dollars ($50O.00) tt
ach, numbered from one ~ to forty 81
I0), both inclusive, and shall become in
1e and payable Twenty years from W
leir date. Said bonds shall bear in "
rest at the rate Of five per centem ie
per cent? per annum, payable as
mi-annually on the first days of sh
me and December in each year, in tn
wful money of the United States of or
at the banking house of the
rst National Bank, in the City of DO
Illinois, at
2. That the said bonds shall tel
signed by the Mayor and counter
med by the Clerk of said City of pa
eenwood, Mississippi, and shall bear wi
3 impress of the corporate seal of pc
ID, City, and that the annexed in dir
est coupons shall be executed by an
, autographed facsimile signatures ]
said Mayor and Clerk, which litho- 26t
aphed signatures are hereby adopt
by the said City.
3. That said bonds and
,pons shall be in substantially the -
forms, respectfully, to-wit: