The Chronicle-star combined with the Moss Point advertiser., 1944-06-02

City qualified and authorized TO
vote upon the issuance of the
said bonds, in the event OF
sn election ON the question
Of whether or not the said
bends shall be issued and sold;
tnat the proposed bonds are
in amount Of not more than S30,-
10000 and the said City is an-
tnorized under the provisions Of
Section 2490 Of the Mississippi
Code of 1880 as amended by
Chapter go of the Laws Of 1912
OF the State of Mississippi to is
sue the said bonds without an
election thereon, by publication
of this resolution for three weeks,
declaring the intention of the
Board of Mayor and Councilmen
of the City of Pascagoula, Mis-
sissippi, to issue same, unless a
protest IN writing signed by 20%
OF the qualified electors of the
said City or more, is filed with
this Board prior to the date here
in fixed for the issuance of same.
(g) That ii has been found and
determined by this Board that it
would be TO the best interest of
the City of Pascagoula, Missis-
sippi, that the said bonds be is
sued for the purpose of making
the required street improvements
and that the full faith and credit
of the City of Pascagouls, Mis-
sissippi. be pledged to the pay
ment of said bonds and interest
thereon.
Section 2. That the Board of
Mayor and Councilmen of the
City of Pascagoula, acting under
the authority of Sections 2483 to
2492, inclusive, of the Mississippi
Code of 1880 and amendments
thereto, and under the further
provisions of law applicable to
Municipalities of the State of
Mississippi. does hereby and now
declare its intention to issue and
sell the negotiable bonds of the
City Of Pascagoula. Mississippi,
in the maximum principal
amount Of Thirty Thousand $780,
00000l Dollars, for the purpose
Of improving and paving streets
and avenues within the corporate
limits Of the said City Of Pasca-
gouls, Mississippi. The said bonds
shall bear interest at such rate
as shall later be determined by
this Board. not to exceed, how
ever, SIX per cent per annum,
payable semi-annuaily, and the
same shall severally mature at
such time or times as shall be
determined by this Board within
the limitations, however, provid-
ed by Chapter 73 of the Laws of
the 1888 Extraordinary Session of
the Legislature of the State of
Mississippi, or any amendments
thereto. For the payment of any
bonds so issued, the full faith
and credit Of the City of Pssea-
goula, Mississippi, shall be ire
vocably pledged
Section 8. That the Issuance of
said bonds will be authorized and
directed at the regular meeting
of this Board to be held at 900
o'clock A. M. on Saturday, June
10, 1914, and notice is hereby
given to the qualified electors
and taxpayers of the City of Pas
esgoula, Mississippi. and other
parties or persons in interest.
that the said bonds will be issued
and sold without an election
thereon, unless if, at or before
the time of said meeting, a writ
ten protest against the issuance
of said bonds signed by not less
than twenty per cent of the quail
flied electors of the City of Pas
eagoula, Mississippi, is filed with
the Clerk of the City of Pasea-
goula, Mississippi. In the event
such protest is filed and same is
verified to contain the signatures
of the requisite number of quail
fled electors, then in such event
a special election shall be called
and held on the question of
whether or not the said bonds
shall be issued. The said election,
if any, to be called and held in
the manner provided by law. In
the event no such written protest
is filed before the time of said
meeting, the said bonds shall be
issued without an election there
on.
Section 1. The Clerk of this
Board be and he is hereby direct
ed to cause this Resolution to be
published in The ChroniclesStar
and Moss Point Advertiser, q
weekly newspaper published and
circulated in the City of Pasca-
goulR Mississippi, in four con-
secutive issues of same, next pre-
eeding the 10th day of June, 1914,
in the issues Of said paper to be
published on the 18th and 26th
days Of May, and on the End and
9Th days of June, 1914, this Board
finding hereby that the said
newspaper has been legally es-
tablished as a newspaper for a
period of more than twelve
months prior to this date and to
the date of the first publication
Of said notice, and notice is fur
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