The Semi-weekly leader., 1922-01-11

and the Coupons attached shall be sub |
stantlally IN the following form, towlt:-
United states of America. State ot
Mississippi, County of Lincoln, School
Bond OF the Johnston Station Pubic
school District of Pike and Lincoln
Counties, mississippi
Know all men by these presents; That
the Johnston Station Pubic School Dis
tricI comprising territory located in
Pike and Lincoln countless Mississippi,
by the Board OF Supervisors of Lincoln
County, its governing authority and the
Board OF Supervisors for and in behalf
OF SAID Johnston Station Public School
District hereby acknowledges itself in
debted and promises to pay the bear
er the sum OF Five Hundred $5OO.UOJ
dollars on the first day of February,
192---, with interest thereon at the
rate of six per cent per annum, payable
semi-annuaIly on the First day of Aug
ust and February of each year on the
presentation and surrender of the re-
SpectiVe coupons herewith attached as
they severally become due, both primer
pal and interest on this bond beinL
payable in lawful money of the United
States at the office of the Treasurer OF
Lincoln County, at Brookhaven, Missis-
sippi, and for the prompt payment
this bond and interest as aforesaid tht
full faith, credit, properties and resour-
ces of said Public School District of
Lincoln County, Mississippi are hereby
irreVocably pledged.
This bond is one of a total issuance
authorized for the purpose of erecting,
repairing, and equipping school building
for said district and is issued under,
pursuant to and in full compliance with
the Constitution and statute of the
State of Mississippi, including Chapter
1875 Laws of 1914, and Chapter 207 Laws
OF 1879 and pursuant to the proceed
ings of said Board of Supervisors duly
and regularly had and performed.
This bond and the interest thereon to-
gether with the other bonds and cou-
pons forming part of this issue are
payable out of the taxes to be levied
annually by the Board of Supervisors
OF Lincoln county, Mississippi, upon
the taxable property in the said John
ston Station Public School District to
be used exclusively in providing for a
sinking fund for the redemption of said
bonds and the payment of the interest
thereon, and Tor the prompt payment of
said bonds, principal and interest as
they severally fan due the Board of
Supervisors covenants and agrees that
it will levy annually until the payment
or said bond, both principal and inter-
OF said District.
1t is hereby recited that this bond
ana the issue of which it forms q part
together with all other indebtedness OF
the SAID Johnston Station Public School
District does not exceed any limit pre-
scr1bed by the Constitution of the State
OF mississippi, or by any statute there
9t ana TINS Sond is exempt from the
taxation in the State of Mississippi.
In witness whereof the Board OF Su-
perVlSorS OF Lincoln county, MiSsissippi
nave caused this bond to be issued un-
der the Corporate Seal of said CounIy
and signed ny the president Of SAID
Board ana eounterSigned by the clerk
tnefeot and has caused the interest cou-
pons hereto attached to be executed by
the Autographed and fac-simile sigma
lures OF The said president and clerk
TINS bond 10 be dated 1st day of Feb
ruary, l9zzI