The Semi-weekly leader., 1922-03-15

No. 127 for 100000 on March z, 1947
No. 12S for 100000 on March Z, 1947
No. 129 for 100000 on March Z, '1947
No. 130 for 5 10000 on March z, 1947
Said bonds to bear interest at the rate
of per centum payable semi-annually
on the 9TH day of September and March
of each year and evidenced by interest
coupons attached to said Bonds and both
principal and interest of said Bonds to
be paid in lawful money of the United
States OF, America in the City of st.
Louis, Missouri, at the National Bank
of Commerce at st. Louis, Missouri.
That said bonds and interest coupons
attached shall be substantially in the
following form to-wit:-
State of Mississippi.
Lincoln County,
City of Brookhaven.
Liquidating Bonds of the City of Brook
haven, Mississippi, 1922.
Know all men by these presents that
the State of Mississippi. Lincoln coun-
ty, acknowledges that it does owe and
for value received hereby promises to
pay to the Bearer at the National Bank
of Commerce in St. Louis, st. Louis. Mis-
souri,, the principal sum of$-------- on
the----------------d day of ---------
----------19---- with interest thereon
at the rate of s per cent per annum pay
able semi-annually at the National Bank
of Commerce in st. Louis, StLouis, Mis-
souri,. on the presentation and surrender
of the attached interest coupons as they
severally become due. For the prompt
payment of this bond at maturity and the
interest thereon as it becomes due the
full faith. credit and resources of the
said City are irrevocably pledged.
This Bond is one of the series of
100 Bonds of like date but of different
amounts and different maturities, ag-
gregating $125.OOO.0O issued for the
purpose of raising money for the fol-
lowing purposes
To pay an Indebtedness not in ex-
cess of $125.OOO. due by the City OF
Brookhayen, Mississippi to the Brook
haven Bank & Trust Company and the
First National Bank located at
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 Senate Bill Num-
ber ITO enacted by the Legislature of
the State of Mississippi which convened
in the City of Jackson, Mississippi on
the first Monday in January, 1922, which
act was approved by the Governor of
the State Of Mississippi on February
IA, 1922, and under an Ordinance passN
ed at a regular and legally held meet
ing of the City of Brookhaven, Missis-
sippi.
1t is hereby certified and recited that
the said City of Brookhaven. Mississip-
pi, is legal municipal corporation, es-
tablished under the Laws of the State
Of Mississippi. That the amount of
bonds issued under the authority of
this Act. added to the outstanding bond
ed 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 muni-
cipality as shown by the Assessment
Rolls
That the Mayor and Board Of Alder
men Of the City Of Brookhaven duly
provided for the issuance of said Bonds
at a legally held meeting of the Mayor
and Board of Aldermen Of the City of
Brookhaven. Mississippi, the said Mayor
and Board of Aldermen of said City duly
obligated the City each year at time
provided by law. to levy a special an
nual tax to be used exclusively in pay
ing the interest on said Bonds, and pro-
viding sinking fund for the redemp-
tion at maturity.
1t is further certified and recited that
all 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 required by the Laws and the
Constitution Of the State of Mississippi.
and that the amount Of Bonds issued
under this act, added to the outstanding
bonded 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 countersign-
ed BY its Clerk, and the Seal of the said
City to be hereto affixed. ana has au-
thorized the coupons attached hereto to
be executed with the engraved fac ST.
mile signatures Of the said Mayor and
Clerk.
This. the -------day Of -