The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1917-08-11
that purpose in my office.
Dated at Cleveland, Mississippi.
August 1917.

Dated at Cleveland, Mississippi,
August 1917.
P. B. Woodland.
Clerk of the Board of Supervisors,
Bolivar County. Mississippi.
Be it further resolved and or.
dered that there shall be levied
and collected in each year on all
tho >axable property in said Skene
Consolidated School District Of
Bolivar County. Mississippi. All
annual tax sufficient to pay the
interest OH said bonds asand when
the same shall become due and !
also to pay the principal OF
each of said bonds at the maturity |
thereof.
Be if Further Resolved and Or.
dered That said bonds. when duly
prepared, executed and sealed
shall be delivered to the National
City Bank of Memphis, Tennessee
upon the payment of the purchase
price of said bonds, in accordance
with a contract heretofore duly
| authorized aud made by this board
for fifteen thousand dollarR (Sl5.-
OO0) par value. FIVE dollars (S5 .00)
premium and accured interest to
date Of delivery and the sale OF
said bonds to said National City
Bank of Memphis. Tennessee. upon
the terms set forth in their bid
accepted by this board on july 2,
1917, be and the same is hereby
approved, ratified and confirmed.
The foregoing resolutions and
order was upon roll call of said
Board of Supervisors of Bolivar
County, Mississippi, unanumo usly
adopted.
Whereas, the Bank of Commerce
and Trust Company of Memphis
did enter into coutracr with Boil.
ivar county, Miss, to purchase
$67 900 of 4 3.4 per cent refunding
bonds dated Feb. 1st, 1917, and
whereas $67 900 per cent bonds
now outstanding were called for
payment on Feb. 1st. 1917. and
interest was to cease OIL that date,
aud whereas some legal complica.
tions have aricen effecting said
bonds and their attorneys claiming
that said refunding bonds have not
been legally issued, and the county
attorneys differing, and whereas it
is the desire of both parties to
make an anlicable settlement Of
their difference without law suits,
and whereas the said Bank of COM
merce and Trust Company is will
ing to pay FIVE hundred dollars to
be released of said contract without
prejudice. Therefore. be 1t or
dered that the said offer of the
Bank Of Commerce and Trust Com
pany be accepted and said contract
is hereby ordered annulled and
cancelled.
Be it further ordered that all
things doue and all orders passed
pertaining to the calling af the E
per cent bonds now outstanding
and to the issuance of the refund
ing bonds to be dated Feb. 1st.
1917, be annulled and cancelled.
Be it further ordered that the Bank
of Commerce and Trust Co.. of
Memphis. Tenn. be instructed to
return to P. B. Woodland. clerk. at
Rosedele, Miss. the S67 900 of
4 3.4 per cant refunding bonds
now held in escrow by them after
canceling said bonds by mutilation.
In the matter of the back tax
assessment against the Rosedale
Compress Company, 1t appearing
to the board that said assessment
In the amount of $l1O. 900 for each
Of the years 1910 to 1915 inclusive,
in the capital stocks of said com.
pany has been duly and legally
placed upon the assessment roll of
Bolivar county. 1st court district,
by the tax collector. and it further
appearing that said Rosedale Com
press has been duly notified, for
more than ten days previous to this
day, in accordance with law, to
appear before this board and file
Its objections against said assess.
ment, and it further appearing
that said Rosedale Compress has
made no objection of any kind,
either verbal or written. to this