The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1921-07-29


cry of the said bonds and payment
therefor as above stated and are to
be retained as and for liquidated
damages in case of our failure to
make such payment.
In making this bid we assume that
you will furnish us with a favorable
opinion by an attorney of national
reputation and that the bonds, both
principal and interest are to be made
payable at some bank or trust COM
pany in the city of New York, N. Y.
Munroe & Chambliss Nat. Blk,
BY j. M. Thomas, Vice President.
Bank of Dunnellon,
BY G. w. Neville, Cashier.
Ocala National Bank,
By John L. Edwards, President.
First State Bank, Mcintosh, Fla,
BY j. NJ Thomas, Atty.
Upon motion of Mr.. j. A. Talton,
seconded by Mr.. E. B. Weathers, the
above bid of the Munroe & Chambliss
National Bank and others, was ac-
cepted and the bid of G. B. Sawyers
Company, as above, was rejected and
the check deposited with the Sawyers
bid was returned to W. H. Patterson,
their representative.
1t was mutually agreed that the de-
livery Of said bonds shall be within
go days.
Mr.. G. "A. Waters, member of the
said board, introduced the following
resolution, which was unanimously
adopted:
Whereas, by an election held in
Marion county, Florida, on April 20,
1920, an issue of five hundred and
sixty thousand f56O,OOO) dollars Of
the bonds Of said county was autho-
rized for the purpose of constructing
paved, macadamized, or other hard
surfaced highways in said county:
and,
Whereas, the said board has this
day accepted the bid of the Munroe
& Chambliss National Bank, and
others, for the purchase of said bonds
and has ordered the levy of tax on
the property Of said county for the
purpose of paying the interest and
principal of said bonds; now there
fore be it
Resolved, that by virtue of the law
of Florida, j. H. Taylor, L. K. Ed
wards and J. G. Baskins, resident free
holders Of said county, be and they
are hereby appointed q financial com
mittee Of three persons, to be styled
trustees Of county bonds Of said coun-
ty and that upon the fling and APP
prevail Of the bonds Of said trustees.
said persons to be vested with all of
the rights, powers and authority of
trustees OF county bonds under the
laws of Florida.
Be it further resolved that each of
said trustees shall give bond running
to the chairman of the board of coun-
ty commissioners of said county and
his successors in office, with two or
more personal sureties, or one or more
surety companies authorized to do
business in this, state satisfactory to
said board, in the sum of twenty-five
thousand dollars conditioned that the
said trustee faithfully discharge the
trust confided to him and pay over
and account for all such sums of
money as may come into his hands by
virtue of such trust.
The board of public instruction filed
copy of the proposed budget for t he
year 1921 and 1922, to which is ap-
pended the following:
July 9Th, 1921.
To the Honorable Board of County
Commissioners, Marion County. Flor
ida: The following communication
and budget Of the estimate resources
and expenses for the scholastic wear
1921 and 1922 were accepted and or
I'dered filed with the board of county
commissioners.
The board Of public instruction in
and for Marion county, Fla, in regu-
lar session this 9TH day of July.
1921, adopted the attached budget for
the scholastic year 1921 and 1922 and
fixed the mileage to be assessed for
general school purposes on all real
and personal property in Marion coun-
ty, Fla, at ten mills, and fixed the
millage to be assessed on all real and
personal property in the special tax
school districts Nos. l, 5, 6, and 10
for the bond, interest and sinking
fund, as follows: District No. i.
sOcala, five mills; district No. S, Dun
mellon, one mill; district No. 6, Red
dick, five mills; district No. 10, Citra,
five mills
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