The Pascagoula chronicle., 1919-11-15
e,rx COUNCIL PROCEEDINGS.

CITY COUNCIL PROCEEDINGS.
4, regular meeting of the Guy
oorncil Of the city Of Pascagoula' MIS-,
sissippi held at the city nan ~ 90, $50
o,tv on the 9Th day Of November 1917
present: Mayor F. H. Lewis counci'
men ] Higginbotham, NJ L. VaiVerue'
Absent: None.
ORDINANCE No. 81, 1919.
A, ordinance Entitled an Ordinance
Amending Section of Ordinance NO.
10. 1919, Entitled IAN Ordinance
Authorize the Issue Of seventy-r've
thousand Dollars (s75,ooo-oo) PUBIC
Wharf Construction Bonds 0, wv
CITY of PaseagouIa, Mississippi anu
Prescribing the Details for the 'S'u
ance of the Same" Approved anu
Adopted September S, 1879 =,
Re it ordained by the CITY oouho,'
of the City of Pascagoula, MISSISSIPPI
that section of Ordnance NO 10, i'i''
entitled IAN Ordinance to au'holiAe
tho ;ssue of seyenty.fve Thousand Dol
lars (s75,0O0.OO) Public Wharl Ooi''
struction Bonds of the City OF raso"'
oou,a Mississippi and prescribing the
details for the issuance Oh tIle same
he amended to read as follows
SECTION 3 All of the said bonds ana
commons to be attached thereto shaii DC
in substantially the following lorli' re-
spectively, to-wit
UNITED STATES OF AMERICA :
County Of Jackson,
city Of Pascaeoula.
PUBLIC WHARF CONSTRUCTION
BOND OF 1919.
$4,000
Know all men by these presents tha'
the City of Pascagoula, County OIL 'aoh
son, state of Mississippi, Acknowledge
itee,f TO owe and for value recelVeu
promises to pay to the bearer hereo'
the principal sum of Five Hundred Dol
lars (s5O0) on the first day oil NoVehi
her 10 with interest thereon IRON
the date hereof until paid at the rate
of six per centum per annum, payapi'
serni.annually on the LIST days OF NO
yember and May of each year, as eVi
denced by and on the presentation ant
surrender Of the attached coupons al
thew severally become due. Both prln
cinal and interest of this bond are here
by made payable in the lawful none.
of the United States of America at Ma
tional Bank of Commerce, New YORK
n. Y.
For the prompt payment of this bon'
at maturity and the interest as 1t rail-
due the full faith credit and resource
of said city are hereby irrevocapi
pledged.
This bond is one of series OF 10
bonds of like date and tenor, aser'
eating Seventy-fve Thousand Doliaf
(75,OOO) issued for the purpose or col
.,,ucting wharves and the purchase {
land therefor and the improvement
thereof under and pursuant to ara !
fnU compliance with the CONSTITUTE"
md statutes of the State OF MISSISSIPPI
including among others chapter l4'
the Laws of Mississippi, 1914, and at
amcndatory thereof and supplement-
thereto and pursuant to the authot''
, conferred by the vote of two-thlrd
majority of the qualified electors c
said city voting at a special electio
duly and legally called, held and co
Quoted therein on the 18th day OF y
tober. 1919 the vote ut said electio
having been duly ascertained and III
returns thereof having been duly MAD
filed. recorded and reported as r
quied by law.
!. 1t is hereby certified, recited and Il
I clared that all acts conditions al
!. things required to exist, happen and !
!. performed precedent to and in the
I. suance of this bond, have existed, hay
. happened and have been performed
!. due time. form and manner as require
/ by law and that the amount of tn
!. bond. and the issue Of which the san
!. forms part does not exceed any lin
! prescribed by the Constitution
!. statutes of the State of Mississippi, al
!. provision has been duly made for Il
! levy of sufficient taxes to provide fl
( the payment of the principal and i
!. terest of this bond as the same b
!. comes due and payable. This bond
/ exempt from taxation within the Sta
!. of Mississippi.
I. In witness whereof the City of Pa
/ cagoula, has caused this bond to
(. signed by its Mayor, countersigned
!. its Clerk, and the corporate seal
I. said City to be hereunto affixed al
\. has also caused the interest coupe
!. hereto annexed to be signed with {
/. facsimile signatures of said May
|; and said Clerk and this bond to
(: dated the first day of November, 49,
!.
j Mayor Civ of PaScagOula Mi