The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1917-02-16

OF the City Council.

Grenada. Miss, Feb. 9Th. 1917.
The Board Of Mayor and Alder
naen of the City of Grenada met in
regular session at the Mayors office
IA said city on this the 9TH day of
Feb, 1917. the same being "A regular
meeting of said Board.
Present: Mayor. Marshal, Re-
oprder and all the Council. except
Mr.. Vance, who was out of the citys
Minutes from last meeting read
and adopted.
The following resolution from the
Board of Trustees OF the Public
schHo. was read and ordered spread
upon tbs minutes:
Resolutions BY Trustees.
Whereas. through the earnest eff
iorts and labors of Mrs. Ida Phelan.
Faithfully assisted by many other la
- iies of the City of Grenada, a GER
am piece of property adjoining and
sying Immediately south of the white
-lsublic school building in Grenada was
purchased about two years ago at
and for the sum of twenty-five hum
ired dollars. S2,5Oo.O0) to be used
ss Il play ground for the children of
he said school; and.
whereas, the ladies have raised
and paid the sum of one thousand
dsllars, S1,0o0.00) on said property ;
and,
Whereas, it is the opinion of the
q of Trustees of the public
schools of Grenada that the said
property was worth and is worth the
rurrhase price of $1,000. 90; and,
Whereas, it is the Judgment of the
q Trustees that the said property
N~suld not only be a valuable add
ron to the school, but some addition
Al play ground is badly needed, and
xe believe it would be worse than
rohy to allow the property to pass
into hands other than the school;
md,
Whereas. from a strictly business
ST commercial standpoint. we believe
hat more could be realized on the
aid property than the purchase price
Of $2.500.00; and.
whereas, we are advised that "A
= proposition has been made and will
ne formally presented to the City
Council Of the City of Grenada. by
INN OF those who advanced the
money for the original purchase price
and in whom the deed now exists, to
deed the said property to the said
school for the sum of fifteen hundred
dollars, t$l,500.OOl. to be paid in
i've 80 years with interest thereon
7st the rate of five per centum per
annum therefore. be it
Resolved. That while the Trustees
10 not wish to be in the attitude of
mrmorlallzing or requesting the
Council to take over this property.
get we feel that we would be r~ecreant |
TO cur duty did we not go on record
as fully approaching the value of the
property TO the school and saying to
"a tooiNh mat titN VIII Ne DulIu- |
ing wisely for the school and the
children of Grenada and placing Gre
NADIA school in line with the other
leading schools of the country by en-
bracing the opportunity to make the
property "A part of the school prop
erty of the City of Grenada.
Tho a..I.r f1,. m,r,l,.,. a.. I
ground was then passed.
The adoption of the following or
,iinance was moved by Mr.. Horn, sec
onded by Mr.. Horton, and passed ;
unanimously:
Ordered by the Board that the City
Of Grenada. Miss, will accept a con-
veyance of the property. KNOW as |
Chamberlain lot, lying south of J
'se white public school. from Grena-
la Bank the present owner thereof,
the consideration of $i,5OO.OO
payable in > equal annual install
aents. bearing 5 per cent interest
gel annum from date of deed. provid-
"a that the title to said property r
HAL be good and acceptable to the
Iity Council, and that said Grenada
Sank shall extend to said City an u
'hsolute unconditional warranty deed :,
herefor. =,
1t is further ordered that all pay in
sents to be made thereon shall be ~
out Of the school fund. All =,
connected herewith are de-
erred until said deed is rendered
nd formally and finally passed upon,
se City mourning no obligation bv q,