The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1920-02-28

vious issue of 100000 and all
other bonded indebtedness of said
school district as separate tax
ing suit, will not exceed ten per
cent OF the assessed valuation of
taxable property in said school
district for the current or previous
years, and it appears to this board
that it is to the best interests of
said school district that said bonds
be issued in the above amount.
Re it therefore ordered. ad-
Judged and decreed by the Board
of Supervisors of Bolivar County,
Miss. that the school bonds of the
sid Cleveland Consolidated School
District of Bolivar County, Miss.
he issued and sold in the sum of
Fifty Thousa-d Dollars for the
purpose as set forth in the previous
orders of This board. and be dated
March ]. 1920, to he in the denom-
ination of One Thousand ($1 ,O00)
Dollars each, to be numbered con-
serntively from one to fiftv. both
inclusive. maturing YEARLY in nu-
mnrical ordnr Two Thousand Dol
lars $50. .O0O) on March, in the
wears 1921 to 1880 inclusive. and
SO. 600 in tho wears 1881 to 1910 IN
elusive, without option of prior
payment. said bonds bearing inter
est at the rate of 51a per cent per
annum, payable semi-annually, and
both principal and interest to be
payable at the Hanover National
Rank in the City and State Of New
York.
Said bonds shall be executed by
the President Of the BOARD Of Su-
pervisors Of Bolivar County. Mis-
s;ssippi. and countersigned by the
Clerk of the BOARD of Supervisors
of Bolivar County, Mississippi,
With the seel of the said county af-
fixed and the interest coupons at
+ached to said bonds, representing
the interest TO accrne thereon, and
shall bear 4he fec -simile SIGNATURE
If the said P~osident and Clark Of
the Board of Supervisors of Boil
var County. Mississippi.
The bonds harehv authorized
shall be in substantially the fol-
lowing form. to-wit:
Form Of PnndN
lUNYmED STATES OF AMERICA
STATE OF MISSISSIPPI
| COUNTY OF BOLIVAR
No.s.. 81. 900
Cleveland Consolidated School Dis
trict Bond.
Know All Men by These Pres
ents. that the Board of Supervisors
of Bolivar County. Mississippi, for
md on behalf If the Cleveland
Consolidated School District of
Bolivar County. Mississippi. for
value received hernhv a"Rnowl-
edges itself indebted to and prom
'eoe to nav to
or haaror tho sim of
ONE THOUSAND DOLLARS
| $1,000 on the first day of March
-. :, with interest at the rate of
five and one-half per cent rer an
! onm, payable semi-ann1alv or
March 1st. and Sentember 1st, Of
each year as evidenced by and
rnon the nrespntation and surren-
| der Of the respective coupons here
10 attorhed, as tkev severa'v be-
come due both principal ard inter
ost on this bond gro navahle in
lawful money Of the United States
If America. at the HanovN~ Ma
'i>rnl Prrl- in the City and State
If New York.
This bond is one Of snries nf
like 1ote. tnnor- and effect exccpt
rs to date Of maturity, aggregating
the sum of Fifty Thousand Dollars
numbered from ! to 50 inclusive.
issued for the purpose Of erecting,
rennirirg ard ennippirg school
buildings and teachers homes for
ne ('tNtlHIlu UIoO'IudtCtt k"'Oti
District of Bolivar County. Miss.
and issued under the provisions of
"rd in compliance with the cOnsti-
tuition of the State of Mississippi,
md the statute of the said state,
inclndin~ among others CHAPTER
$50 of the laws of Mississippi of
1915. and pursuant to the proceed
inrs Of the BOARD of Supervisors
# Rolivar County. Mississippi.
1,1lv and lara'lv had o~d "d"r+"d
after having been authorized by
moro 4han a majority vote "f the
qualified voters Of the said dis
| -rict. voting at an election held
coy the purnose.
This hond ard the interest there
IN, together with the Other bonds
ND coupons forming part OF
this issue, are payable out of a
taX TO be levied annually bv the
0oard of Supervisors of Bolivar
County. Mississippi, rpon all the
-axable property, both reol and
roreoral. in said Cleveland Con
,oli1 ated School District Of Boil