The Brandon news. (Brandon, Miss.) 1892-1961, 1917-07-12
sued and sold as herein pro-

Sec. 2. Be it further ordained
by the Mayor and Board of Al
dermen of the town of Brandon
that all of the said bonds shall be
Autographed or engraved, and
printed in two or more colors to
prevent counterfeiting, and the
same shall be in the sum of
$500. 90 each, and shall be regis
tered as issued, and be numbered
in regular series from One (D
to Ten (10), inclusive, and shall
be signed by the Mayor of the
town of Brandon, Rankin Coun-
ty, State of Mississippi, and
countersigned by the Clerk of
said town who shall impress the
seal Of said town upon each of
said bonds as issued; and each
and every of said bonds shall
specify on its face the purpose
for which it is issued. and shall
be made payable to bearer. The
| interest coupons are to be exc
cuted by the original or litho-
graphed or fac-simile signature
of said officers. The said bonds
shall be entitled, STREET AND
SIDEWALK BOND"
Sec. 3. Be it further ordained
by the Mayor and Board of Al
dermen of the town of Brandon
that the form of the said bonds
and interest coupons, with the
necessary variations to indicate
the different numbers of said
bonds and coupons be as follows:
UNITED STATES OF AMERICA,
STATE OF MISSISSIPPI, RAN
KIN COUNTY, TOWN
OF BRANDON.
STREET AND SIDEWALK BOND.
No. $500. 90
KNOW ALL MEN BY THESE
PRESENTS THAT THE TOWN
OF BRANDON, in the County
of Rankin, State cf Mississippi,
hereby acknowledges itself to
owe and for value received here
by promises to pay to bearer on
the first day of July 1897 the
sum of FIVE HUNDRED DOL
LARS with interest at the rate
of six CO. per centum per annum
from the date hereof until paid,
payable semi-annually on the
first day of January and July of
each year, hereafter. until the
maturity of the principal hereof
as is evidenced by and upon the
presentation and surrender of
the interest coupons hereto at
tached as they severally become
due. Both principal and interest
of this bond are payable in law
full money of the United States
of America, in the town of
Brandon, Mississippi. or at the
Seaboard National Bank in the
City of New York, State of New
York, at the option of the pur-
chaser, and for the prompt pay
ment Of this bond at maturity,
and the interest, as the INSTALL
ments thereof fall due, the full
faith, credit and resources of
said town are hereby irrevocably
pledged.
This said bond is one Of a Sc
ries of bonds. all of like date and
tenor, issued in the total amount
of FIVE THOUSAND DOL
LARS for the purpose of provid-
ling funds for improving the
streets, sidewalks, driveways
and walkways of the said town
of Brandon under authority of
and in full compliance with the
requirements OF the Constitution
and the laws of the State of Mis-
sissippi, including the provisions
of chapter SO Mississippi Code of
1906, as amended by subsequent
Acts Of the Legislature of the
State of Mississippi. including.
as far as applicable, chapter lat
Laws of 1914, and in accordance
with orders duly passed by the
Mayor and Board of Aldermen Of
said town.
AND 1T is HEREBY CERTI-
FLED AND RECITED that the
Mayor and Board of Aldermen of
said town has done and per-
formed all the acts and things
necessary and require ! by law in
order to issue the said bonds;
that the Mayor and Board of AL
dermen of said town hereby COW
enant until the maturity of said
bonds each year at the proper
time provided therefor by law,
to levy a special annual tax on
all property situated in said town
sufficient to pay the interest as
the installments respectively fall
due, and for redemption of said
bonds at maturity. and that said
special tax shall be used for 20
other purpose.
AND 1T is HEREBY CERTl-
FLED AND RECITED that the
total bonded indebtedness of said
town does not exceed the cOnSti-