The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1922-08-19
Attest:
SYLVAN J. LADNER, Clerk.

Moved by Alderman Carver, sec
onded by Alderman Sick. and car-
ried, the following resolution was
adopted:
Whereas, the Legislature of the
State of Mississippi, by Chapter 287,
of the laws of 1916, authorized the
City of Bay ST. Louis to issue bonds
in the sum of two hundred thousand
dollars, or as much thereof as may
be necessary, for the purpose OF
building a sea wall to protect the
banks from caving and overflow
from storms and tide water, and,
Whereas, The Board of Mayor and
Aldermen, by an order on the MIN
utes, June 4th, 1917, minute book o.
pages Ill and 112, ordered the lssu-
ance of said bonds, provided the same
be ratified and approved by the quail,
flied electors of said city; that in
said order the Board Of Mayor ano
| Aldermen ordered an election. Said
election was held as provided by law
on June 30th, 1917, and the returns
| thereof, as canvassed and declared
show, that the qualified electors rec
commended and approved the issu-
ance thereof, and,
Whereas, The Board of Mayor and
Aldermen, on the 7th day of July,
1917, as appears on minute book 8.
page 124, recognized the results of
said election and ordered the issu-
ance of said bonds 'os SO much there
of as may be necessary, and.
Whereas, Bonds in the sum of one
hundred and sixteen thousand dol
lars have been issued and sold to
build certain portion of said sea
wall, and the Bond Commission,
through it's chairman and other MEM
bers appeared in person and pre-
sented and orally stated that more
founds were needed to complete the
work necessary to protect the beach
front and requested the issuance and
sale of an additional amount of SIX
thousand dollars, and the Board of
Mayor and Aldermen approved the
necessity therefor.
Therefore; Be it Resolved, That
the municipal bonds of said city of
Bay st. Louis be and they are here
by ordered issued and sold for the
purpose of building sea wall to pro-
tect the banks from caving and over
| flow and storms and tide water, IN
/ (S6.OOO) in addition to the amounts
previously sold. Said bonds shall
bear date January 1st, 1922; be IN
the sum of one thousand dollars
$4,000 each; be numbered consecu-
lively from three hundred and eleven
(311) to three hundred and sixteen
(316) inclusive, and shall bear IN
terest at the rate of six 60 per cent
per annum, payable semi-annually on
the first day of January and the first
dav of July in each calendar year,
and both interest and principal of
said bonds shall be payable at the
Hancock County Bank of Bay st.
Louis, Mississippi.
Bonds numbered 81 and 312 shall
mature and become due and payable
five years after date.
Bonds numbered 313 and 314 shall
mature and become due and payable
six years after date. =,
Bonds numbered 315 and 316 shall
mature and become due and payable
seven years after date.
Said bonds shall be autographed
with suitable device to prevent coun-
| terfeiting; shall be registered as is
sued and be signed by the Mayor and
countersigned by the Secretary OF
said city, who shall impress the mu-
nicipal seal upon each bond as issued
To each of said bonds shall be at
tached interest coupons, which shall
be signed or Autographed with the
signature of the Mayor and Secretary
of said city and such autographed
signatures shall be in all respects as
binding upon the City of Bay st
Louis as the original signatures OF
said Mayor and Secretary of said
city would be. Said bonds shall be
in all respects Autographed SO as tc
conform to the requirements of the
law of the State and the Charter OF
| +ho oi+v of Raw ST I,ouis MissiSsiupi