The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1920-07-16

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flee, City Hall, Aberdeen, Miss,
July 9TH, 1920.
Present.. M. Acker, Mayor; j. L.
Shell, Frank Ransom, w. s. Carl
ton and j. p. Brewer, aldermen.
Absent, 8. Schwab.
| AT the regular July meeting, 1920.
of the Mayor and Board of Alderm en-
of the City of Aberdeen, Mississippi,
| held at the mayors office in the Oity
Hall on the eth day of July. 1920, and
after the minutes of the preceding
| meeting of said board had been read
| and approved the following ordi-
| nance, having baen previously reduc-
| ed to writing, was read and consid-
cred by sections, and on motion of j
L. Shell, seconded by Frank Ransom.
said ordinance was unanimously pass
ed, the vote upon the final passage
having been taken by yeas and nays.
which was as follows:
J. M. Acker, Mayor; ]. l.. She'll
Frank Ransom, w. 8. Carlton and J.
p. Brewer, aldermen, all voting yea.
An ordinance authorizing the issu-
| ance of serial bonds of the Oity of
Aberdeen for the purpose of funding
twenty-five thousand dollars of bonds
of said city, issued April LIST. 1905, for
the purpose of raising money to pay
for and improving suitable lot and
erecting and furnishing a public
school building within it's corporate
limits, for white pupils.
Whereas, the City of Aberdeen,
Miss, has outstanding twenty-five
thousand dollars 1926, 10000; of the
bonds of the said city issued for the
purpose of raising money to pay for
and improving suitable lot and
hi Il IL
building within its corporate limits.
for white pupils. issued April 1st. 1905,
and which became payable April 1st,
1920, and e
Whereas, all of said obligations are
valid and legally binding interest
bearing debts of the city of Aberdeen,
and are now outstanding and unpaid,
and
Whereas. the City of Aberdeen has
no funds in the treasury of said city
applicable to the payment of said
to issue Refunding Bonds to provide
for the payment of said outstanding
obligations of said city, and
Whereas, the Mayor and Board of
Aldermen of said city did. at it's reg
ular meeting held in the mayors of.
Ace in the City Hall, in the city of
Aberdeen, on the TIN day of April,
1920, make and enter an ordinance
providing for the issuance of refund
ing bonds in the sum of twenty five
thousand dollars 1926. 600. 00) bearing
Ave and one-half per cent. IS l-2) in
terest from April 1st, 1920. for the
purpose of taking up, paying OF and
said bonds so outstanding.
and gave notice of the intention TO
issue said bonds as Jof the date of
April 1st, 1920, and advertised for the
sale of said bonds on May 9th. 1920.
at 80 p. m, at the mayors office In
the City Hall of the City of Aberdeen,
Miss, that being the day and time
for the regular May meeting of said
Mayor and Board of Aldermen of said
city. and all notices being given as
required by law, and
Whereas, at said time and place |
there were no bid or bids made for |
said bonds. and no bidder or bidders |
for the purpose of bidding |
on or purchasing said bonds, and
Whereas, at said time and place /
said Mayor and Board of Aldermen /
made and entered an ordinance, au- |
thorizing and directing a reedvertise- |
ment CT the sale of said bonds for June |
End. 1920. at $50 p. m, 1t the may |
Office in the city of Aberdeen, MISS. :,
ON the same terms and conditions /
made in it's original order, that being /
the day and time for the regularJune
of said Board of Aldermen.
and publication being made M their
intention 60 issue said bonds afore-
said. and all notices being given as
by law, and
Whereas, at said time and place
here were no bid or bids NJ 7e for
Iaid bonds, and no bidder or bidders
for the purpose OF bidding