The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1919-11-29

law, and it appearing to this
Board that it is to the interest of
said Mound Bayou Consolidated
School District that the bonds of
said district be issued in the sum
of $4O,OOO.OO,
Therefore be it ordered, adjudg-
ed and decreed by the Board of
Supervisors of Bolivar County,
that after due investigation it is
found and by this board declared
that all legal steps necessary to
the issuance of said bonds have
been had and done as required by
law, that due notice of intention
to issue said bonds has been pub
lished according to law and no
protest has been filed against the
issuance Of said bonds and the
election on the question of the is
suance of said bonds was called
and held and the returns thereof
certified to this board in the man
ner provided by law, and this
board does hereby adjudge that
said election resulted in the ma
jority of the qualified electors of
said district voting at said election
for the issuance Of said bonds;
Be it ordered, adjudged and de-
creed by the Board of Supervisors
Of Bolivar County, Miss, that the
bonds of the Mound Bayou Con-
solidated School District of Boli-
var County, Miss, be issued in the
sum of forty thousand dollars
($40, ,000) and said bonds to be
dated November /, 1919, and said
bonds shall mature with option of
prior payments as follows:
100000 on May 1st in each Of
the years of 1920 to 1924, both in
elusive; 100000 on May lst in
each of the years 1925 to 1884
both inclusive; 100000 ON May
1st in each of the years 1885 to
1888, both inclusive, and $4,000O0
on May LIST, 1889, and shall bear
interest at the rate of six per cent
um (6) per annum from date until
paid, payable semi-annuaIly on the
first day of May and November
each year, and both principal and
interest of said bonds shall be pay
able to the Hanover National
Bank in the City of New York,
State of New York, said bonds
shall be numbered in regular Sc
ries from l to 40, inclusive, and
shall be in denominations of 81 900
each, and all of said bonds shall
be signed by the president Of this
Board of Supervisors of Bolivar
County, Mississippi, and counter
signed by the Clerk thereof! and
the coupons attached thereto and
evidencing the interest thereon
shall bear the fac simile litho-
graphed or engraved signatures of
the same officials. Said bonds shall
be registered as issued and the
Clerk of the Board shall impress
the seal of Bolivar County on each
bond issued and same shall be reg
istered as issued and the Clerk of
the Board shall impress the seal
of Bolivar County on each bond
issued and same shall be in all re-
spects as provided in Chapter 1876
of the laws of Mississippi, 1914,
and amendments thereto.
Be it further ordered, that said
bonds and coupons shall be in sub
stantially the following form, to-
wit:
UNITED STATES OF AMERICA
STATE OF MISSISSIPPI
COUNTY OF BOLIVAR
No. ..... 100000
MOUND BAYOU CONSOLIDATE
ED SCHOOL DISTRICT BOND
Know All Men by These Pres
ents-That the Board of Super
visors of Bolivar County, State of
Mississippi, for and on behalf Of
Mound Bayou Consolidated School
District of Bolivar County, Mis-
sissippi, for value received, hereby
acknowledges itself indebted to
and promises to pay to the bearer
the sum of
ONE THOUSAND DOLLARS
i'm lawful money of the United
States of America, on the first day
of May, 1920, with interest at the
rate of six per centum per annum
from date until paid semi-annu-
ally on the first day of May and
November each year upon the pre-
sentation and surrender of the re-
spective coupons hereto attached
as they severally become due.
Both principal and interest of this
bond are payable at the Hanover
National Bank in the City of New
York, State of New York, and for
the prompt payment of this bond
and interest thereon the full faith,