The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1917-04-13
COMPLETE TEXT OF
COURTS ORDERS ON
FARMERS STATION
RESOLUTION, AS VARloUslY
AMENDED. ADOPTED BY THE
QUARTERLY COURT.
SITE MUST have APPROVAL
Of The Majority Of The Members IN
Session to be Called for That Pur-
pose Before Any Trade Can be Con-
summated.

experiment station of the
University of Tennessee can be closed
the committee to be appointed by
Judge Mcknight must report back to
the County Court and its action be
approved by that body. The resolu-
lions as originally introduced by JUS
tice Taylor were variously amended,
but as finally adopted they read as
follows:
BE it resolved by the Quarterly
County Court that in pursuance of the
authority vested in the Quarterly
County Court Of Maury County, Ten
nessee, by an act duly passed by the
General Assembly of the State Of Ten
nessee at the 1917 session.
BE it further resolved by the Quar-
terly County Court Of Maury County,
Tennessee, in regular session assem-
bled that in pursuance of the authori'
~ vested by an act of the legislature
Of the State of Tennessee that the
sum of one hundred thousand dollars
or so much thereof as may be neces'
;ary is hereby appropriated for the
purpose of purchasing site for an
agricultural experiment station for
Middle Tennessee. .t
BE it further resolved. that the
County Judge appoint four members
Of this court, who, together with the
county Judge shall constitute a com
nittee to select and purchase suit
,ble site or sites together with any
additional farm lands that may b;
needed for said purposes, subject to
the approval of the Quarterly County
court, and the approval Of the agricul'
.ural college of the University of Ten
lessee, and to pay for the same in
,oupon bonds herein directed to be
| ssued or with the proceeds arising
rom the sale of said bonds as herein
after provided.
THAT upon the purchase OF said
| site or sites by the committee, the
| ,ounty Judge and the county court
| Jerk will proceed at once to prepare
| md issue a sufficient amount of bonds
herein provided for to pay for the
same. and will either deliver the
bonds in payment of the property o.
|sell said bonds and pay for the same
out of the proceeds of said sale.
BE it further resolved, that sait
,onds so issued shall bear interest a
he rate of not more than five pc
entum per annum payable semi-an
.ually on April 1st, and October 1st o
ach year.
"Be it further resolved, that to pa!
or said site or sites the county ISSUE
oupon bonds in accordance with thu
Act of the General Assembly OF tn
state of Tennessee, in the sum no
| exceeding one hundred thousand dol
'ars in denominations Of five hundre
dollars each and numbered consecu
lively, from one to two hundred In
bearing interest at the rate OF (no
exceedingly five per centum per annun
,ayable semi-annually on the 1st da
If April and the list day of Octobe
each and every year, to be signed b
he county Judge and the county cour
. Jerk of Maury county. with the sea
Of the said clerk attached thereto, an
With the name Of said county juds
md county court clerk printed
autographed on the coupons eviden
ing the semi-annual interest attache
j. 20 each bond. Said bonds shall
lated ---------- anu OH
fifth of said bonds shall become dr
and payable in five years. one-hfth
d Ten years from date, one-fifty in II
J. cen years from date, one-fifth in TIVE
e ~ years from date ond one-ffth
v twenty-five years from date; and
n 4 said bonds and their interest co
\. ons shall be payable at the Nation
s City Bank in New York City.
n, BE it further resolved, that Il
It county Judge and the county cou
81 clerk are empowered to deliver
y, my vendor of any site or sites p'
r. ,hased by the county a suffice
n amount Of said bonds to pay the p'
Id chase price thereof upon the delive
h to the county judge OF the deed
conveyance, said property purchas
~ the county under and by virtue
his resolution. But in the event a
. vendor of any site or lands purchas
= " the county should desire the mon
= instead of the bonds, the county judi
,ounty court clerk and trustee
in authorized and empowered, after
sr yertising the time and place OF sa
re terms, conditions, amounts, etc,
~ said bonds. sell the same for cash
- x.-lz,. ard hast hiddar af