The daily commonwealth. (Greenwood, Leflore Co., Miss.) 1916-1919, 1917-04-12
Szo,oeoyee
GREENWOOD, MISSISSIPPI.
STREET PAVING BONDS.

"
STREET PAVING BONDS.
The City Council Of the City o
Greenwood, in the County of Leflor'
( and State of Mississippi, met, pursu
ant to adjournment on the 26th day O
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 ant
T. H. Baird, Councilmen.
There being q 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 100000 STREET I'M
PROVEMENT BONDS OF THE CITY
IOF GREENWOOD, LEFLORE
COUNTY, MISSISSIPPI.
WHEREAS, by an ordinance duly
adopted and passd by the City Coun-
Gil of the City of Greenwood, in the
County of Lefore, State 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 (2O,0O0)
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
ington 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
Of Greenwood, on the 9Th day of De-
cember, A. D., 1915; and,
WHEREAS, more than two-thirds
of the qualified electors Of said City,
voting at said election, voted in favor
of the issuing Of said bonds as afore-
said,
NOW, THEREFORE, Be it ordained
by the City Council Of the City Of
Greenwood, Le1ore County Mississip-
pi, as follows:
Section /. That the Mayor and
Clerk of the City of Greenwood, Le-
fore County, Mississippi, be and they
are hereby, authorized and instructed
to have prepared, and to issue and
execute for and on behalf of the said
City of Greenwood, the negotiable
bonds of said city to the
amount of Twenty Thousand Dollars
($2O,O0O), which bonds shall be desig-
STREET IMPROVEMENT
BONDS and shall be in denomination
If Five Hundred Dollars ($500.0O)
each, numbered from one ~ to forty
I4O), both inclusive, and shalt become
lue and payable Twenty years from
heir date. Said bonds shall bear in
crest at the rate of five per centem ]
Is per cent? per annum, payable {
'emi-annually on the first days Of
Tune and December in each year, in I
awful money Of the United States of {
america, at the banking house Of the
first National Bank, in the City Of /
,hicago, Illinois. 8
Section 2. That the said bonds shall t
9 signed by the Mayor and counter
igned by the Clerk Of said City of r
brentwood, Mississippi, and shall bear '
he impress Of the corporate seal of r
aid, City, and that the annexed in d
srest coupons shall be executed by a
he Autographed facsimile signatures
I said Mayor and Clerk, which litho- Y
signatures are hereby adopt
1 by the said City.
Section 8. That said bonds and
shall be in substantially the :
blowing forms, respectfully, to-wit:
'O..... $500
UNITED STATES OF AMERICA