The Dawson news. (Dawson, Ga.) 1889-current, 1925-12-29
Notice of Bond Election.


Whereas, under the laws of this
state, the Board of Commissioners of
Roads and Revenues of said county
are required to keep and maintain the
public roads and highways in said
county in such condition that ordinary
loads may be hauled over the same
with ordinary ease, and;
Whereas, the public is demanding
better roads than it is possible to
build with dirt, and;
Whereas, the Board of Commission
ers of Roads and Revenues OF said
county are authorized to issue county
bonds for the building of permanent
roads, provided the requisite assent of
the qualified voters of the county to
the issue of said bonds is first obtain
ed
Now therefore, for the purpose Of
obtaining said requisite assent of the
qualified voters of the county of Ter
rel, and in accordance with the laws
of the state, notice is hereby given to
the voters of the said county of Ter
rell, that an election has been duly
called, and is ordered by said Board
of Commissioners of Roads and Rev
enues to be held on the 14th day of
January, 1926, to determine the ques-
ton whether an issue of bonds in the
sum of three hundred thousand $780,
100000 dollars shall be issued by said
county, the same to be designated as
permanent road bonds in denomina-
tons of one thousand ($1,000.00) dol
lars each, to bear interest at the rate
| of five per cent per annum, payable
annually on the first day of January
of each year, with interest coupons
attached thereto; the principal of said
road bonds to mature and be paid
and retired as follows: Ten thousand
| ($10,00000) dollars to be paid and re-
tired on January /, 1927, and ten
thousand ($10,O0OOO) dollars each
year thereafter, until January |, 1857,
at which time the balance of said
bonds amounting to ten thousand
(S10,00000) dollars shall be paid off
and discharged. That the proceeds
arising from the sale of said bonds,
if authorized and assented to by the
qualified voters, shall be used eXclu-
sively in the building of permanent
roads in said county of Terrell, as
shown by the map OF the Georgia
highway department with federal aid,
on file in the office of said board, the
purchase of material, machinery, etc.
The work to be let by contract as
provided by law.
Said election shall be held at all the
voting or election precincts within the
limits of said county, and shall. be
held by the same persons, and III the
same manner, and under the same
rules and regulations that elections
for officers in said county are held:
and the returns of said election shall
be made to said Board OF Commits
sioners of Roads and Revenues, on or
before noon of the following day, who
shall, in the presence OF, and together
with the several managers (who will
bring up the returns) consolidate said
returns and declare the result
Voters favoring the issue of said
permanent road bonds shall have writ
ten or printed on their ballots the
words: "For Permanent Road Bonds. I"
Voters opposing the issue OF SAID
bonds shall have written or printed on
their ballots the words: Against Per-
manent Road Bonds
Now, in the event said bonds are
authorized, and before the same are
issued and sold, the Board of Com
missioners of Roads and Revenues
shall provide for the assessment levy
and collection of an annual county
tax, sufficient In amount to pay the
principal and interest of said bonds
so issued, as the same become due,
and within thirty 500 years from the
date of mourning said Indebtedness
said Board of Commissioners of Roads
and Revenues reserving the right to
sell said bonds in lots of one hundred
thousand ($l00,10000) dollars at any
one time, as the funds may be needed
for the building of said roads.
1t is resolved further that this res
olution be published as notice di-
rected to the qualified voters of Ter
reH county, under the resolution pass
/ ed at the regular December term, on
December l, 1925, and entered upon
the minutes of said board.
E. H. STAPLETON, Chairman o.
Board of Commissioners of Roads
and Revenues of Terrell County, Ga
L. c. Hoyl, Secretary OF said Board
| 12-8-6t.