The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1919-03-15

bonds, and, the Issuance of said
bonds has been authorized by al
majority of the qualified electors Of
said District voting at an election
held for that purpose; and, :.
Whereas the total bonded debt Of
the said District Numb err
1 amounts to, $3.50, 100000 said total
debt including the bonds authorized
debt including thebonds authorized
by this order, which is less than
ten per cent QO) of the value Of
the taxable property of said District
for the year 1913, the assessed value
Of same for said year being s3,313.45S
and. !,
Whereas it is to the best interest
of said District that said bonds be
issued, and ii is the duty Of this
Board to issue said bonds as re-
quired by the provisions of Chap
ter 173 of the Laws OF Mississippi,
1916,
Therefore be it resolved ind ordered
that the bonds of the Separate Road
District No. III Of Bolivar County,
Mississippi be issued in the sum of
One hundred and Fifty Thousand
Dollars (s150,OD0.0O) said bonds to
Mature s5,0O0.00 on March st in
each year OF the years 1920 to 1949
inclusive, to be numbered to 150
both inclusive, to be in denomina-
tons of One Thousand Dollars each
and to bear interest at the rate of
,, OK per cent per annum, payable
seDi-annually on the first day of
March and September at the Ham
over National Bank, New York City,
State of New York. Said bonds are
to be issued under the authority of
Chapter 173 acts of Mississippi Of
1916, and to be signed by the Presi-
dent of this Board, and comtersign-
ed by the Clerk, who shall impress
the seal of the county on each bond
as it is issued, and the interest on
said bonds shall be evidenced by
COUPONS attached thereto. which
shall bear the autographed fac-sim-
lie signatures of the same officials
Said bonds shall be registered as re-
quired by law, and said bonds and
coupons shall be in substantially
III following form: :,
UNITED STATES OF AMERICA
State of Mississippi
4 County of Bolivar
Separate Road District No. / Bone
i No.------ $1,000,
i Know all men by these presents
that: the Board supervisors o
Bolivar County, Mississippi, for AM
on behalf of Separate Road Distric
No. 1, of Bolivar County, Mississippi
for vnide received, hereby &C
;. knowledges itself indebted to an,
promises to pay to bearer the sun
of One Thousand Dollars, on tn
first of March 19---- with interes
thereon at the rate Of 5A per cen
per annum, payable semi-annuall,
on the first days of March and Sep
'erber Of each year. as evidence,
+ by and on the presentation and sur
render of the respective coupon
hereto attached as they severally be
come due. Both principal and in
terest of this bond are payable il
lawful money of the United State.
Of America at the office of the Han
; over Naional Bank of New Yorl
City, State of New Yrkk, and for tn,
prompt payment of this bond, will
interest as aforesaid, the full faith
| credit and resources Of said Separ
! cte Road District No.. +, of BOLIVIA,
County Mississippi are hereby ire
vocably pledged.
This bond is one of total issue o
One Hundred and Fifty Thousand
Dollars ($150,000.00) authorized Il
be issued for the purpose Of con.
structing and extending the public
''7wavs in Separate Road Distrio
No. I, of Bolivar County, Mississippi
and issued under and pursuant te
and in fun compliance with the
Constitution of the State. of Missis.
. sippi, and issued under SHRSHRS
sissippi, and the statutes of sale
state, including among others, Chap
ter 173 of the Laws of Mississippi
/ 1916 and under and pursuant to thu
proceedings of said Board Of Sup
} ervisors duly ard legally had ant
adopted. This bond, and the inter
est thereon, together with the other
bonds and coupons forming a par
OF this issue, are payable out Of a ia,
to be levied annually by the board
of Supervisors Of Bolivar County
Mississippi, upon all the taxable
property, both real and personal, ir
said Separate Road District No.
Of Bolivar County Mississippi, to bt
used exclusively in paying the in
terest on said bonds, and providing
for sinking fund for their redemp
ton, and for the prompt paymen
Of the same as they fall due, sale
Board OF Supervisors hereby coy