The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-01-03

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TIKI CITY ~ nANcAfNogHA
MISSISSIPPI AND pRnx1n1Nu
THAI ANY loans MKnN uN.
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TIE NEGOTIABLE NUTT~ cF
TFtE CITY up rA&rAoouaA
MISSISSIPPI AND FURTHER
PROVIDING THAT PAYMENT
oF TfN SAID BONDS on
NEGOTIABLE MOTIFS NAY ar
SECURED ny TFtR Fxrz1 PATH
AND CEN1AET OF TTfN cry OF
FAACAGuNIA MISSISSIPPI CA
~ T13K DISCRETION or TIN
GOVERNING BODY OF TIE
SAID CITY ny F1aKxsuE nF A
SPkE2FHC PORTION op TTfE
RENTALS AND MONEYS nr
RIVED FROM OPERATION or
TEsE WhIEHwoRgS SYSTEM
oF SAID CRY
SECTION I Ri rr ENACTED
BY TIE LEGISLATURE CF TIE
STATE OF MISSISSIPPI Inai
Ire CITY M pANcAEuasa Mlssis-
AAprA q municipal corporation. b.
ard nse same Is htrp0y z~uahe@47sA
% issue its negussaos buaas a.
notes sn the total ~rrtscsfAs xsnn
Ct nN fNeeessnT rWrnty.fvg
thousand aeiArs as oaauA for
TIE rAEFpose q raising moneys 70
enable tt . eaEAtrtact extensions
and impsuf nsenR 10 gise uAtef.
works system e fhe SAID msnid-
patty ard isfse9 ppe6 ard u1Nlns
foF dpntsttr commercial indus
trial usr * Gre ~prs4eettan %
sreak within The corrxwutr lfuaifx
of TIE said ciEs and within three
miles thefecf Is sct forth IA Sec
tor Aa2 a The MlkSSNslfsna Cnsr
ct 1880 IN whtrh areas an ado
qaate EggTax ct WATER for ase and
consumption ard nre pretection
Is o needed o may hereafter
become netxsed -
SECTION s The prooeeasl
from the sale Of any bonds or
negotiable notes issued uaner tie
provisions Of hn act shall he
uSed soieiy for TIE -rHzruaens set
forth Ia the original resolution
declaring the Intention q the
board To lSsae the same and shAn
e used solely Tor the purposes
Therein set forth. together With
payment q the cos and expehses
including legal services enstneer-
tng service. and cost q pabiica-
ton q notices. and printing ana
engraving the bonds or notes is
sued under The provisions Of this
act
That Ordinance No $3.50 Of
he said city vas introduced At a
a3alar meeting q the said Board
ED On June is, 1910. as shown
= resolution tfstn adopted appear
- IN MAnute Book IS OF said Board.
age il7-ii6 thereof. COPY q which
hereunso attached as Exhibit .A-
& made q part hereof as II fully
pied herein.
mat he said Ordinance waa duly
after iaving on file With
be Clerk Of said City for o than
wcekS IS sfosn by TIE mlna-
= a abe E4saaza 1An4Ra assfs al
30 appearing Ii Minute Book q.
tGe l0l. Section 2 ~ the said Or
nance being A8 follows. f0-m4t.
SECTION ? That this Board
acting Under the authority 81
House Bill No iii4 Of the Laws Of
he state a MlslSSipu enacted
81 the regular 1916 Session nf the
Legislature Of said State. ard an-
der the other provisions Of Law
applicable % municipalities q the
State Of MlS4sslppA. does hereby
and does o declare It's infen-
ton 70 issue and sell the nero-
table bonds Of the City Of Pa8-
eaeouia, Mississippi in the pTtn-
czTAl amount Of twenty-five I
thousand t8 0oanoj DoilarA or
such ieseee sam Is may b. necex-
sary for the purpose of paFehas-
ing the necessary material for
and constructing improvements
ard extensions to tlse W~afarxurkn
system Of The City % PascagoulA.
Mississippi. ard laying the plfxa
and mains for domestic. conner.
cal and industrial use OF fire pro-
lection "a the areas Watsaan tbe
corporate limits q said Caly and
within ihree miles thereof
That the sid House Bill No fiI4
'rus1ded that notlee 81 TIE inten-
aou u Rsne kaea bends ahouId b.
IN 3 newspaper pabllshed
Z TIE SAID CITY aAd that such pub
Va Gully made. ard tfle
sirens and taxpayers q TIE aid
sfY EeFe Informed o. tie purpose
o. xhieh ths proceeds q TIE said
zoudx would Be Used thai ssen act
zotMed that upon petition of
Ixentg-flge per cent ~ the qualified
.ieetors Of SID City an election
be called 70 defernine
snesher O. net 1aen bonds should
= Asued oaf Is the citizens and
zxpayers had no o15ecz1au 70 IM
aszanoe Of saeb bonds and the aifii-
.aaol 81 tess nFpeercs thereof for
be purpose provided Ia Ehs kaid
q and said ordinances. nuen Pc
sa0n ~ lot flleo That 10 said
,ou1a we're thereafter issued. Faiid~
s1d ard sod. and the pfoeeesd1
hereof aow held - the said
Board Ia q special fund no part
.hefeef having Deeu expended That
ne aa4d Board has no right o. Az
EborIsy 70 expena e. utiizze as said
Easz1z for auF purpose aaef nan
thaf above - form.
III
That undeF tHs ps0s1assEa & the
O. uae STATE u Mississippi
lie said BeeTd determined Elast Il
NzA necessary = b0xfDW fze aazn II
. 0UW h ausauaon - Eaxes ard
l1e sald BaaF1 Adopted = fsa8ai0n
- Ire tn eaH 81 Aes eEz1ex as40.
sho@n - It's minutes II tine
sd BoAr1 aaea1lSg II Minute
BOX y, Us Ulerez Usyg e
Nhtea "a huHanto attached and
Ma0e E8hleN = - uss HEH and
4 maGe q @r hereof ~ 4 fully
eonse1 herein