Americus times-recorder., 1919-07-10
PACE TWO.
COMMISSIONERS PROCEED
INGS.
Americus. Ca, July Z, 1913.

Roads and Revenues OF Sumter
county met in regular session. Pres
ent: N. A. Ray, chairman; S. E
Statham, ]. E. Poole, R. S. Oliver; alb
sent, ]. ]. Wilson. Minutes of regu-
lar meeting, June End, read and con-
armed
j. w. Gwyne and other citizens of
the 29th district presented petition
for the grading of shorter route to
Andersonville. Petition laid on the
table for the present.
Oscar Crawford and Jim Jacobs
were found guilty of being road tax
defaulters and ordered to pay the
tax and all costs.
Prince Jones was sent to the poor
farm.
On motion the road tax paid by
Frank Hudson was refunded.
Moved and carried to raise Geo. O.
Marshall's salary from S83.33 to
$125.00, and Ebert Stallworth's sal
airy from $3.50 to $25.00 and the
clerk of the board from $500 to
$4,000 per month.
Moved and carried to appropriate
one thousand dollars to anti-malar-
ial drainage.
The following resolution was pass
ed:
RESOLUTION AUTHORIZING
THE ISSUANCE OF ROAD BONDS
OF SUMTER COUNTY, GEORGIA.
WHEREAS at an election duly held
April 9, 1919, pursuant to call there
for duly made by this Board, and af-
ter notice had been given as requir-
ed by law, more than majority of
Ehe registered voters Of Sumter coun-
by, the said majority constituting
more than two-thirds of those voting
at said election, voted in favor of
the issuance of 100000 bonds of
said county for the purchase of ma
tEIials, machinery and the building
af permanent roads, other than dirt
EUads, in said county; and
WHEREAS, it is the duty of this
Board to proceed to carry out the
wishes of the voters as manifested
at said election, and it is deemed by
this Board that it is now necessary
TO issue and sell $232,000 of said
bonds in order to provide funds that
will be presently needed for a por-
sion of such road work; and
WHEREAS, is deemed by this
Board that there will be no occas-
ion to issue further bonds under the
said election until on or after Jan
uary l, 1920, and that the aggre-
gate amount of bonds then to be is
sued will be $252,000 and that it
will not be necessary to issue the
remaining $4,000 of said bonds vot-
I'D at said election,
NOW, THEREFORE, BE IT OR
DERED AND RESOLVED by the
Board of Commissioners of Roads
and Revenues of Sumter County:
Section /. That the negotiable |
coupon bonds of the County of Sum
ter are hereby directed to be issued |
and sold in the aggregate amount of |
$484,000, consisting of four hundred
and eighty-four (484) bonds of
$1,000 each, numbered / to 484, |
both inclusive, of which bonds No. l |
to 232, aggregating $232,0OO shall
bear date of August /, 1919, and ma
ture in the order of their numbers, |
lowest first, in installments of $4,000 |
ON the 1st day of January from 1921
TO 1949 both inclusive, and of which |
bonds No. 233 to 484, both inclusive,
aggregating 1882, 900, shall bear date
of January 1, 1920, and mature in
order of numbers, lowest first, in in
staEIments of $4,000 annually, on
January in each year from 1921 to
7a49, both inclusive, and $4,000 on
January /, 1850.
Section 2. That all of said band
aggregating $484,00O, shall bear in
terest at five per centum per annum,
payable semi-annually on the first
days of May and November of each
year, and at the maturity of said
bonds, the first interest payment on
all of said bonds to be made on May
n 1920. Both principal and interest
shall be payable at the option of the
purchaser at the office of the Trust
Go. of Georgia, Atlanta, Ga, or the
ofice of the Mortgage & Trust Co. of
New York, in the City of New York,
IN lawful money of the United States.
Section 8. That said bonds shall
be signed by the chairman of this
Board, countersigned by the county
treasurer and attested by the clerk
of the Board, under the seal of the
Board, and interest coupons to be at
eached thereto shall be signed by the
said county treasurer, whose sigma
ture upon such coupons may be fac
ximile of the original. Said bonds
and coupons shall be in substantially
the following form:
UNITED STATES OF AMERICA
STATE OF GEORGIA