Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1920-12-02

NO. "a ana 90. december L, 154U
No. SO and 81. December l, 1941
No. 3S. December l, 1912
No. 80. December l, 1913
No. 40. December /, 1914
No. al. December l, 1915
Section 2. Each bond shall be date of
December /, 1920, and shall bear inter-
est at the rate OF six 6 per cent? per
centum per annum from said date I'M
TIL they sevrrally become due, and in
terest shall be paid semi annually on
the first day OF December and June.
both principal and interest shall be
payable at the office of the City Trea-
surer, oxford, mississippi
section 3. Said bonds shall be litho-
graphed IN two or more colors with
suitable devlses to prevent counter
leltihg, and be signed by the Mayor
and counterslgned by the Clerk, wno
shall impress the municipal seal upon
each of said bonds, and eacn pond snail
have interest coupons attached and
said interest coupons shall have litho-
graphed signatures of'the Mayor and
Clerk of this Council and such litho-
graphed signatures shall be in all re-
spects as binding upon the City of
Oxford as the original signatures of
said Mayor and Clerk would be.
Section 4. Each bond s all specify
upon its face the purpose for which
issued and shall be made payable to
whom sold followed by the words
cor bearer" or shall be made pay
able to bearer alone.
Section 5. Said bonds shall be in
form and manner substantially as
follows, to-wit:
No $4,000
UNITED STATES OF AMERICA.
| STATE OF MISSISSIPPI,
CITY OF OXFORD
Refunding Electric Light Bond Of
The City Of Oxford, Lafayette
County, Mississippi.
KNOW ALL MEN BY THESE
PRESENTS.
That the City Council of the City
!of Oxford, of Lafayette County,
mississippi, for value received. here
by acknowledges itself indebted to,
and promises to pay----
or bearer the sum of
ONE HUNDRED DOLLARS
on the first day of December, A. D..
19-, with interest thereon at the
rate of six &c per cent? per centum
per annum, payable semi annually on
the first day of December and June
each year, as evidenced by, and on
presentation and surrender of the re-
spective coupons hereto attached,
as they severally become due; both
principal and interest of the bonds
are payable in lawful money of the
United States of America. at the of
flee of the City Treasurer of Oxford,
Mississippi; and for the prompt pay
ment of this bond with interest as
aforesaid, the full faith. credit and
resources of said City of Oxford.
Mississippi, are hereby irrevocably
pledged.
This bond is one of series of
bonds of like tenor and amount, num-
bered respectively from one to for
ty-one, inclusive and being in denom-
nation of One Hundred Dollars each
and of a total issue of Four Thou
sand One Hundred Dollars (s4,10000)
authorized to be issued yordinance
of the City Council of the City of
Oxford, Mississippi, passed on the
second day of November, A. D.
1920, under and by virtue of the Sec
ond paragraph of Section s. Chap
ter 206 Of the Laws of the State of
Mississippi of 1920. for the purpose
of retiring the remainder of the out
standing Electric Light Bonds, dat
ed December 1, A. D. 1900. number
ed 20 to % inclusive, which become
due and payable December 1, 1920
pursuant and in full compliance with
the Constitution of the State OF
Mississippi. and the statutes of said
state. and under and pursuant &c
proceedings of said City Council
legally had and adopted, these. bonds
and the interest thereon, together
with the coupons forming a part OF
this issue. are payable out of the
taxes leveied annually by said city
Council upon all of the taxable prop
erty of said City of fOxford
1t is hereby certified, recited anc
declared that all acts, conditions, anc
things required to exist. happen anf
performed precedent to and in the
issuance of this bond. have existed
happened and betn performed in due
time, form and manner as required
by law, that the amount of this BON
and the issue of which the same forms
a part, together with all other indeb-
tedness of said city, de- $ not exceed
any limit prescribed by the Constitu.