The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1920-11-26
CITY COUNCIL.
Continued from Page p

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October 5th 1927.
Bonds numbered forty-six to fifty
five, inclusive, shall be payable on
October 9Th 1928.
Bonds numbered fifty-six to sixty
five, inclusive, shall be payable on
October 9Th 1929.
Bonds numbered sixty-six to sew
! enty-five, inclusive, shall be payable
on October 9Th 1880.
Bonds numbered seventy-six to
eighty-five, inclusive, shall be pay
able on October 9Th 1881.
Bonds numbered eighty-six to
ninety-five, inclusive, shall be pay
able on October 9Th 1882.
Bonds numbered nnety-six to one
hundred and five, inclusive, shall be
payable on October 5th 1888.
Bonds numbered one hundred and
six to one hundred and fifteen, in
elusive, shall be payable on October
9Th 1884.
Bonds numbered one hundred and
sixteen to n hundred and twenty
five, inclusive, shall be payable On
October 5th 1885.
Bonds numbered one hundred and
twenty-six to one hundred and thir-
ty-eght, inclusive, shall be payable
on October 5th 1886.
Bonds numbered one hundred and
thirty-nine to one hundred and fifty
one, inclusive, shall be payable on
October 5th 1887.
Bonds numbered one hundred and
fifty-two to one hundred and sixty
fntrr rnc1r1cttYn shall hn noxoh1o M
October 5th 1888.
Bonds numbered one hundred and
siXty-five to one hundred and sew
enty-seven, inclusive, shall be pay
able on October 5th 1899.
Bonds numbered one hundred and
seventy-eight to one hundred and
ninety, inclusive, shall be payable on
October 5th 1910.
Bonds numbered one hundred and
ninety-one to two hundred and three,
inclusive, shall be payable on Octob-
err 9Th 1941.
Bonds numbered two hundred and
four to two hundred and sixteen, in
elusive, shall be payable on October
9Th 1912.
Bonds numbered two hundred and
seventeen to two hundred and TWEEN
ty-nine, inclusive, shall be payable
on October 5th 1943.
Bonds numbered two hundred and
thirty to two hundred and forty-two,
inclusive, shall be payable on Octob-
er 9Th 1914, and,
Bonds numbered two hundred and
forty-three to two hundred and fifty,
inclusive, shall be payable on Octob-
er 9Th 1916.
Each of said bonds being, as afore-
said. for the principal sum of five
hundred dollars. and all of said bonds
thus maturing in strict and exact
compliance with the requirements of
the law.
Said bonds shall be prepared and
by the Mayor and City Rec
order, VINO is the clerk of said city,
the seal of the city affixed there
and shall be issued within one
year after the date of said election;
but the coupons may bear only a
fac-simile signature of the Mayor
and Recorder.
Said bonds, when so issued, shall
constitute a lien on all the taxable |
property in said municipality, and
the mayor and aldermen shall an
nually levy a special tax on all such
property sufficient to pay the prin-
and interest of said bonds as
severally mature. The nro-I
ceeds Of said bonds shall be used as
special fund for the purpose only
for which they are issued, and said
bonds shall not be sold for less than
par.
1t is hereby certified and recited
that the total bonds issuable here-I
under, added to the total outstand-
ing bonded and floating debt of said
does not exceed nor amount to
much as fifteen per cent. of the
assessed value of the taxable prop
erty of said municipality as shown
oy the assessment rolls of the cur
rent year, and that this issue of
added to the total outstand-
.ne and floating debt of said city,
viii not exceed nor violate any con-
or legal, or charter limi-
or authority whatever.
Sec. 2. Said bonds and the interest
coupons attached thereto shall be in
The following words end figures:
State Of Grenada City of
Mississippi. County. Grenada
(FORM OF BONDS)
Mississippi. County Grenada.
No. ..-.- SCHOOL BONDS $5O0.OO
Know all men by these presents
hat the City of Grenada, in Grenada
Mississippi, hereby acknowl-
edges itself to owe, and, for value
received, hereby promises to pay the
Bearer the principal sum of five
hundred dollars in lawful money of
he United States on the 9Th day of
October, A. D. 3D., with 6 per
,ent interest thereon per annum from
late until paid payable semi-annual-
y on the 9Th day of April and Octob-
n, as evidenced by and upon presen-
and surrender of the attached
interest coupons as they s~everally Be
'ome due; both principal and inter