The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1920-07-16

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true and correct report of all fees and COM
collected by me during the month
of June, 1920. that the same have this date
been turned over to the County Treasury of
Grenada County, Mississippi. That ] have
collected all fees and commissions reason
ably possible of collection during the month
of June, A. D., 1920:
IL Marriage Licenses
IL Acknowledgements --------------- Z.1o
Recording Veterinary license ------- LOO
Total
We your committee appointed at the regu-
lar June 1920 meeting Of your honorable
body to go upon and determine the value
of the land and improvements thereon offer
ed as security for a loan from the Six
teenth Section Fund by James Horton. find
after going upon same that the value of the
land and improvements are 100000 and we
would a loan of 100000 on
same.
/. G. ROUNSAVILLE,
K. MATTINGLY, Com.
1t appearing from the report of the COM
mittee appointed by the Board to value the
land offered by James Horton os security
for loan from Sixteenth Section School Fund
that the value of same together with I'M
thereon is 100000 and that
they recommend a loan of $2O0O.0o, 1t Is
ordered by the Board that a loan Of Two
Thousand (s20oo.0o) Dollars be made to
said James Horton for the term of five
years at s per cent interest per annum'
interest payable annually, upon his furnish
ing a complete abstract to the title OF said
land certified to as required by law and
executing his promisory notes and trust
deed on said land.
Ordered that Frank Anderson and !. G.
Rounsavnle be appointed as a committee to
inspect the bridges built by w. W. koonce
on Johnson road and report their findings
to this Board.
Ordered that the Board adjourn until 8
O'clock A. M. July 9Th, 1920.
Tuesday morning, July 9Th. 1920. at y
O'clock A.. M. Board met pursuant to ad-
journment. Members present same as yes
terday. Minutes of yesterday were read
and signed whereupon the following pro-
ceedings we're had and done to-wit:
It appearing to the Board that the mer-
charitable timber on Section 16, Township
% Range 2 East, Grenada County, Miss.
heretofore sold by the Board to W. b.
Hoffa HIS been by him sold and delivered
TO the Gayoso Lumber Company together
with ali of the rights acquired by the said
w. B. Hoffa under his deed of conveyance
from the President of the Board of Super
visors of said County dated Sept s, 1913
and of record in Book SIS, page AZ of the
Records of Deeds in the office of the Chan
Gerry Clerk of said County and 1t further
s2pcaring that said Gayoso Lumber 0om-
pany is willing to pay to the Sixteenth Sec
tion School Fund of said Grenada County
the sum of $4,000. 90 in cash for three years
extension Of the time limit for removing
said timber, from said Sixteenth Section IN
der said contract of sale and it further ap-
nearing that it will be to the best interest
of said Sixteenth Section School Fund to &C
cent said offer: 1t is therefore ordered that
che President of the Board be and he Is
hereby authorized and directed to make and
execute proper conveyance to said Gayoso
Lumber Company extending the period OF
time for cutting and removing said timber fol
the term of three years ending on the 9th
day of March, 1926, in consideration OF the
payment by said Gayoso Lumber Company
of said sum of $4,000 90.