The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1917-03-10


Bolivar County. Mississippi. in the
amount of One Hundred THOUSAND Dol
lars for the purpose Of constructing and
extending public highways in said Road
District to connect at the south end OF
said district with the improved high
ways of Riverside Separate Road Dis
trict of said county, and to connect at
the north end of said district with i'm
proved highways of Coahoma County,
Mississippi, said improved highways
having been constructed out Of the pro-
ceeds OF bond issues, it being the pur-
pose to form a corhplete system of in
ter district and inter-county improved
public highways in said county.
Said issues shall consist of one hun
dred bonds of denomination of one
thousand dollars each; numbered conse-
cutively from one to one hundred inclu-
sive. dated September /, 1916, due and
ayable as follows; to-wit: 5000 on
September /, 1927 and $1,000 on Sep
tember in each year thereafter to and
including September l, 1885. and $55.-
0CO on September l, 1886.
| Said bonds shall bear interest at the
rate of five and one-fourth per centum
per annum, payable semi annually on
the 1st days of March and September in
each year, respectively, as evidenced by
coupons to be annexed to said bonds,
and both principal and interest shall
be payable at the offi:e of the TREASURER
Of said county at Rosedale, Mississippi,
or at the Hanover N ltlonal Bank in the
| CITY of New York, State of New York,
at the option of the holder.
Said bonds and interest coupons shall
be Autographed or engraved and have
Upon them such devices as shall prevent
their being connterfeited, and shall be
executed in substantially the following
! form;
g.. FORM OF BOND
UNITED STATES OF AMERICA
STATE OF MISSISSIPPI
BOLIVAR COUNTY
| SEPARATE ROAD DISTRICT NO. OF Boil
WAR COUNTY
ROAD BOND,
No 1000 Dollars.
Know All Men By These Presents:
That separate road district No. l of
Bolivar County, Mississippi, by the
Board of Supervisors of said county; its
| governing authority, ard said Board OF
Supervisors for and on behalf of sepa-
rate road district No. J., hereby ack-
nowledged itself indebtedj ahd for value
received, promises to pay TO bearer one
thousand dollars on the first day Of Sep
| tember 49,, with interet thereon at the
rate of 5N@ per centum pei annum, pay
able semi-annuaAy on the first days of
March and September, upon presehta-
ticn and surrender Of the proper cou-
pons hereto annexed. Both principa
and interest of this bond are payable in
lawful money of the United States of
America at the Office of the Treasurer
of said county in Rosedale; Mississippi.
or at the Hanover National Bank, in the
City of New York, State of New York;
at the option of the holder.
This bond is one Of series of bonds
of lk e date, tenor and effect, except
as to maturity of an authorized issue of
lone HUNDRED thousand dollars, issued by
the board of supervisors of said county,
under and pursuant to and in strict
conformity with the constitution and
laws of said state; including chapter
l73, acts of 1915, for the purpose of con-
structing and extending the highways
of said road district to connect with the
improved highways Of Coahoma County
Mississippi, said improved highways
having been constructed out of the pro-
cseds of bond issuesj it being the pur-
pose tO'form complete system of in
ter. district and inter-county improved
highways in said county, and pursuant
to ord ers duly and regularly made and
entered by the Board of Supervisors of
the said county, and Is issued for and a
lien on the real and personal property
of said Separate road district No. Of
the County of Bolivar, State Of Misss-
sippi.
And it is heteby certified, recited and
declared that a!I acts; Conditions and
things required to be done precedent to
and in the issuance of this bond, have
been properly done, have happened and
have been performed, in regular and
due time, form and manner as required
by law, and chat the said Indebtedness
evidenced by the issue of bonds Of which
this is a part, added to the outstanding
bonded Indebtedness for road purposes
in said district, does not exceed any
statutory or constitutional limitation,
and the fun faith. credit and resources
of the said separate road district No. l
are hereby pledged for the punctual
payment of the principal and interest
hereof at maturity.
fCoNTNuEb NEXT WEEK.
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