The Bolivar County Democrat., 1918-07-06

UT unless the election c8lleQ Tor said
purpose shall result adversely to the
said issuance of said bonds.
(Signed) P. B. WOODLAND,
Clerk OF the Board of Supervisors.
(Seal)
1t further appearing to the satis-
faction of the Board that the laws
Of 1918 require an election in all
cases where the bonded Indebtedness
Of district may be increased, It Is
accordingly ordered and adjudged
that an election be and the said IL
hereby called, and the managers of
election in the Skene precinct are
hereby directed to hold an elction at
Skene. in the Second Judicial Dis
tfict Of said county on Tuesday, the
Both day of July. A. d. 1918, at which
election there shall be submitted and
voted upon the question IS to whether
the said bonds shall be issued and
sold or whether they shall nlot be
issued and, sold.
The said managers of election are
directed to give notice of said cleo
tion by posting notices OF the said
election In the said district. and by
posting like notice on the bulletin
board at the court house at Cleve-
land. They are further directed to
some public weekly newspaper having
a general circulation in said dis
trict, there being none published in
said district. The said managers of
election are further directed to report
the result OF the said election to the
next meeting OF the Board Of Super
visofs aforesaid.
Ordered, adjudged and decreed
this. the 1st day of July. A. d. 1913.
1t is ordered by the Board that
the salary Of Chas. Clark as chief
probation officer Of Bolivar county
be and the same is hereby fixed at
100000 per annum.
It Is ordered by the Boafd that the
following changes be made In the
land and personal assessment roll of
the First Judicial District:
Page 20. line z, reduced from
1870 to $945.
Page 3s. line 4. reduced from
$3.50 to $216.
Page AZ. hne 3, reduced from
$17s2 to $172S.
Page 76. line 80. reduced from
$3.50 to $3.50.
Be 1t remembered. that on this.
the lst day Of July, 1918, the same
being the first Monday In July. 1913.
the Board OF Supervisors of Bolivar
County met in regular session at the
court house In said county. in the
town of Cleveland, Mississippi. with
the following members present: w.
A. Speakes. president: w. E. LittOn.
J. l.. Smith. members; L. G. Dean.
sheriff;o P. B. Woodland, clerk.
Mr.. W. A. Speakes offered the fol-
lowing:
Whereas, this county has outstand-
ing. $50 10000 OF per cent bonds
which may be called and paid off,
and
Whereas. the Bank Of Commerce
& Trust Company, OF Mempis. Ten
nessee, agrees to take up and pay off
the bonds now outstanding and take
In exchange 65,OOO.OO OF bonds
bearing interest at the rate of five
and one-half per. cent Is 1-2) per
annum, payable semi-annually. and
having an averge life of not less than
fourteen years. and
Whereas, this Board deems II ad-
visable to refund the bonds now out
standing In this manner as 1t will
save the county q considerable sum.
therefore
BE It Ordered and Adjudged, that
due notice be given of this Boards
intention to call in and pay off the
SGT 200. 90 of 6 per cent bonds issued
under authority of Chapter 141, laws
of Mississippi 1900. Said notice shall
hA In a H..
iished In Bolivar county for four
consecutive weeks prior to August 9.
1918. Said notice is as follows:
NOTICE TO BONDHOLDERS.
To the holders of per cent bonds
OF Bolivar county, Mississippi. issued
under authority OF Chapter 14l. laws
of Mississippi. 1900:
Under and by authority given In
said Chapter 141, the Board Of Super
visors of Bolivar County, Mississippi,
hereby elects to pay and retire all
bonds now outstanding and issued
under said authority. Said bonds
are dated May /. 1900, and mature
May /, 1880. optional at ny time
after May /. 1915: are in denomi-
nations of $4,000. $25O.OO and
100000 each, and bear interest at
the rate Of per cent per annum,
payable annually.
Holders of said bonds are hereby
warned to present said bonds for
payment at par and interest on or
before August s. 1918, to the treas
urer of Bolivar county, at Rosedale,
Mississippi. or at the Bank Of Com
merce & Trust Company. Memphis.
Tenn, as interest on said bonds will
cease on that day.
BY order of the Board OF Super
vfsors.
This 1st day of July. 1918.
P. B. WOOLLARD,
Clerk.
Be 1t Further Ordered and Ad-
Judged, that due notice be given by
publication of this Boards intention
- issue $65,0O0.00 of Refunding
,.onds. to be issued under authority
OF Chapter II, Code of 1906. as
amended and supplemented. for the
purpose of taking up $67,00O.00 OF
CONTINUED on Page 4 }