The chronicle-star. (Pascagoula, Miss.) 1920-1941, 1941-01-17

cfAAe a fxtarNs and eQusAntezss and
n1ct6ensal expenses 81 4 CO.'S q Ap-
woxaoAsely Gn0m Said xxaas
% be&r Interest At tRe rate az e.
w annuEn pAyanae Nms-xnna.fly
said lords 70 BE- Dated Aaga<s LIST
iee AMI M of said bouas 70 na.
tAnv mson nse aN dAy e Ansasa
1871 and n 81 sid bonds 10 ma
TURF On TIE Isl dAy o. Aaauxs IL
each year THEREAFTER w 10 ard IN
cuding ave year 1850 TNaf SAID
bends. The tntFraA4 COURSES an
nexed tllerefo ard the certificates
endorsed thereon shall be tn sne
s~tAntaaily tire folo~sa fufm- 10
wit
eBona Form
UNITED STATES or AMERICA
STATE OF MISSISSIPPI
COUNTY OF JACKSON
ST MARTIN CONSOLIDATED
SCHOOL DISTRICT BOND
No $4,000
The ST. Martin Consolidated
School District Of jackson County,
Mississippi for value received
acknOwSeees II h indebted and
promises TO pay 10 bearer ca the
Isl day Of August ia Five Hun
dred Dollars together with interest
thereon from the date hereof at
ne rate OF s. per annum. payable
on February isI and August list.
and each year upon she ~pFesxata-
ton and surrender Of the annexed
interest couporN as they Sexeraily
mature. Both the principal Of and
the interest On this bond are pay
able Ia lawful money Of the United
states Of America al the Paseag0sla
National Bank. PascagoAia. MtASis-
appL
This bond il one Of a series nf ten
bonds OF like dale and tenor. X
cept as 10 maturity a~gerugatinR
the sum Of Five Thousand Dollars,
issued for the purpose Of supple
menting Federal Funds for the Inn
provement and repairs Of the school
property Of said District to-wlt "a
For the construction Of two add
tional class rooms 70 the school
building Of said District at q cost
Of approximately 5000 "a for
the construction Of q gymnasium At
. cost Of approximately sa.00o00.
C2l for the purchase Of fixtures and
equipment and incidental expenses
At an approximate cost Of 100000.
or a total OF t1s.00oO0 of which one
of the Federal Agencies is to con-
tribute the sum OF 100000 and is
issued under authority of the Con-
stitution and laws d the State OF
Mississippi, and especially Chapter
22s Of the Laws Of 1893 and parsn-
ant 20 lawful orders and Resoiu-
tons Of the Board OF Trustees OF
said School District and Of the
Board Of Supervisors OF said County.
For the payment OF this bond,
both principal and interest. the full
faith, credit and resources Of the
said ST. Martin Consolidated School
District are hereby irrexokably
pledged. This bond, and the issue
Of which IL is one. constitutes a
lien upon AL Of the taxable prop
nrfy IN 1ntd school dthtrict and the
Board OF Supervisors Of jackson
County. Mississippi. dhan annually
levy q special tax on all such prop
eTty sufficient to pay the principal
and the interest on said bonds as
they shall ~severally fan due.
II Is hereby certified. recited and
declared that all things conditions
and acts require by Law 70 exist,
happen and to be performed prece-
Gent TO and IN the issuance Of this
bond in order TO make this bond
a valid and enforceable general OBJ
legation Of said District, 70 exist,
have happened and have been per-
formed In due and regular time.
manner and form as required b. law,
and that this bond. and the series
Of which it Is one. when added to
all Of the other Indebtedness, both
bonded and floating, Of said School
District. does not exceed any debt
OF other limitation prescribed BY
Law.
IN TESTIMONY WHEREOF the
Board Of Supervisors Of jackson
County. Mississippi. has caused this
bond 10 be signed by its President,
countersignec By its Clerk, and the
seal Of the County to be impressed
hereon, and interest coupons hereto
70 annexed 70 be signed By fac
smile signature Of said President
and Clerk. and this bond to be
dated and issued this tire ist day
Of February. a D, 1871.
COUNTERSTGNED: