The daily commonwealth. (Greenwood, Leflore Co., Miss.) 1916-1919, 1917-01-19
AN ORDINANCE.

1 ~ Ns'o
the payment of assessments against
property and owners thereof, for
street paving on Washington Street
from Howard Street westwardly to
the West Side of Mary Street, and
adopting the form Of note to be CIV
en- and the rate of interest to be paid.
Be it ordained by the Council Of the
City of Greenwood, Mississippi.
Sec. / That if each owner of each
Of the lots or parcels Of land liable for
the cost of paving Washington Street
from Howard Street westwardly to
the West Side of Mary Street under
an ordinance entitled as recited in
the title hereof, shall accept the
terms of this ordinance, and pay 1-5
Of the amount assessed against the
property of such owner by said ordin-
ance to the Tax Collector in cash on
demand of the Tax Collector, then,
such owner shall have the privilege
of executing his or her A promissory
notes, each in the. sum of Ia of the
balance of said cost of construction of
paving, as shown by the report of the
City Engineer to the Council Of the
City. of Greenwood, and as assessed
by said Council, so remaining after
payment of such and is in cash, pay
able in one, two, three and four years
from date of assessment, with inter-
est at the rate Of 6 per cent. per an
mum from date of assessment until
paid. But if said is shall not be paid
in cash by such owner on demand, and
if said promissory notes, as provided
by this ordinance, shall not be exc
cuted upon request of the Tax COL
lector, then, as to such owner so fail
ing to pay said is in cash, and to
execute said promissory notes, as
aforesaid, the whole of said assess
ment so made against the property Of
and against such owner by said or
dinance, shall be payable; exigeable
and forcible by Section 3412 of the
Code of 1906, as amended by Senate
Bill No. go, Chapter 26o of the Laws
of 1912.
Sec. 2. The form Of said promis-
sorry note shall be as follows:
Street Paving Note: City Of Green.
wood, Mississippi.
On or before the............day of.........
-"...........191.... !, promise to pay to
the City Of Greenwood, Mississippi,
the sum of................Do Dollars
$.....~....) with interest at the rate
Of six per cent. (6 per cent? per an
nun from the date of assessment of
the property herein described. This
note is one of a series of four notes
given in recognition of the right Of
the City Of Greenwood, Mississippi,
to enforce the payment of the sum
hereby promised and secured by lien
on account of Street Paving Assess
ment on the following described prop
erty situated on Washington Street
from Howard Street Westwardly to
the West Side of Mary Street, in said
City Of Greenwood, Mississippi, viz:
which lien is hereby
recognized. r..5,
This note is the LIST Of a series Civ
en- by me to the City of Greenwood
in the matter Of the said assessment
and it is expressly agreed that should
the first note be not paid. within ff-
teen days after its maturity then this
note is to mature and become pay
able Immediately.
Witness my signature, this the.
Day OF .~...-.....-........191........
witness .""-m........ ........-......,,,
No. ..."."..... ....."..- ..-................
Sec. 8. Any property owner may
pay his or her assessment at any time
before maturity Of said notes by pay
ing said notes then unpaid, and inter-
est accrued to the date Of payment.
Sec. 4. That for cause this ordin-
ance shall take effect and be in force
from and after its passage.
Approved Jan. 16, 1917.
G. L. Ray, Mayor.
Attest: s. H. Montgomery, Clerk.
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