The Semi-weekly leader., 1922-09-30

are irrevocably pledged. This Bond is
one of a series Of fifty five Bonds on
like date but of different amounts and
different maturities, aggregating $780,
100000 issued for the purpose Of raising
money for the following purposes, to-
witt the improvement, repair and ex-
tension of the water works and electric
light plants Of the City of Brookhaven.
Mississippi.
This series Of bonds is issued under
the authority of the Constitution and
Laws of the State of Mississippi. and
pursuant to and in strict conformity
with provisions of Chapter 80 of the
Mississippi Code of 1906, and Amend
ments thereto, and under Chapter lat
OF the Laws of the State of Mississip-
pi 1914 as enacted by the State Of Mis-
sissippi in the year 1914 and under
Chapter 20S of the Laws of the State of
Mississippi 1918 as enacted by the Leg
islature of the State of Mississippi in
the year 1918. and under Chapter 20t
of the Laws of the State of Mississip-
pi, 1920, as enacted by the State of
Mississippi in the year 1920, and under
an Ordinance or Resolution passed at
regular and legally held meeting of
the Mayor and Board of Aldermen of
the City of Brookhaven, Mississippi
1t is hereby certified and recited that
the said City Of Brookhaven, Miss, is
legal municipal corporation establish
ed under the Laws Of the State of Mis-
sissippi and that it has population of
less than 10000 inhabitants. That the
amount Of Bonds issued under the au-
thority of this Act added to the out
standing bonded or floating debt of the
City of Brookhaven, will not amount to
more than Is per cent of the assessed
value of the taxable property in such
municipality, as shown by the Assess
ment rolls Of the current year.
That due notice Of the intention to
issue these Bonds was published and
given as required by law, that no Pc
tition was presented against the issu-
ance Of these Bonds.
That the Mayor and Board of Alder
men of the City of Brookhaven duly
provided for the issuance Of said Bonds
at legally held meeting of the Mayor
and Board of Aldermen of the City of
Brookhaven. Mississippi. The said May
or and Board Of Aldermen Of said City
duly obligated the City each year at a
time provided by law to levy a'special
annual tax to be used exclusively in
paying the interest on said H9nds, and
providing a sinking fund for their re-
demption at maturity
1t is further certified and recited that
oil acts, things and conditions required
to be done precedent to, and In the is
suance Of this Bond and series Of Bonds.
have been legally and properly had, done
and performed in due form and time re-
quired by the Laws and the Constitu-
ton of the State of Mississippi. and
that the amount of Bonds issued under
this act. added to the outstanding bond
ed or floating debt of said City, will
not amount to more than Is per cent
of the assessed value of the taxable
property in such municipality as shown
by the Assessment Rolls Of the current
year and does not exceed any constitu-
tional or statutory limitation thereon.
In testimony whereof the said City of
Brookhaven has caused this Bond to be
signed by its Mayor and countersigned
by it's Clerk, and the Seal Of the said
City to be hereto affixed and has au-
thorized the coupons attached hereto to
be executed with the engraved fac 81
mile signature Of said Mayor and Clerk
this the-----~----------day of--------
1922.