The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1946-07-04

lOANJ NAOSAOOAAA IL
sippi, are qualified to take part in
such bond issue election; and
Therefore, Be 1t Resolved by the
Board of Mayor and Aldermen of
the City of Lexington, Mississippi:
Section I
That the Board of Mayor and
Aldermen of the City of Lexington,
Mississippi, does hereby declare the
intention of said Board to issue the
bonds of the City of Lexington Sep
arate School District of Holmes
County, Mississippi, in a sum not
exceeding SIS, 5000 for the purpose
of obtaining funds with which to
erect and equip a building to be
used for giving vocational training
and teaching Home Economics, for
use by the white educable children
OF said Separate School District, and
with which to erect a teachers home
for use by the white teachers en-
ployed by said Separate School
District, and with which to repair
the grammar school building and
high school building used by the
white educable children of said Sep
arate School District and with which
to repair the public school buildings
used by the colored educable chill
.dren of said Separate School Dis
trict and with which to repair exist
ing equipment in said buildings and
to purchase additional equipment
for use in said buildings, which
bonds shall be serial bonds maturing
annually, with all maturities not
longer than twenty-five years, with
not less than one-fiftieth of the total
issue to mature each year during the
first five years of the life of said
bonds and not less than one-twenty-
fifth of said total issue to mature
annually during the succeeding ten
year period of the life of said bonds
and the remainder to be divided into
approximately equal payments, one
payment to mature during each year
of the remaining life of said bonds,
said bonds not to bear a greater
rate of interest than six per cent
per annum payable semi-annually,
all in conformity with and in accord
ance with the Constitution and Laws
of the State of Mississippi govern
ing the issuance of such bonds.
oGCIlOH IL
Be 1t Further Resolved that an
election be held in the City Hall in
the City of Lexington, Holmes
County, Mississippi, on Tuesday, the
30th day of July, 1916, to determine
whether OF not a majority of the
qualified electors of the City of Lex
ington Separate School District of
Holmes County, Mississippi, author
ize the issuance of said bonds and
that the Clerk of the City of Lexing-
ton, Mississippi, do give notice to
the Election Commissioners of the
City of Lexington, Mississippi, re-
curing them to do all acts and to
take all necessary steps for the hold
ing of such election, and that R. o.
Duke be and he is hereby designated
to have printed. and distributed the
ballots to be used in said election.
Section III a
Be 1t Further Resolved that not
less than three weeks notice of said
election be given by the Clerk of
the City of Lexington, Mississippi,
by a notice published in The Lex
ington Advertiser, a newspaper
published in the City of Lexington.
Mississippi, once a week for four
weeks preceding the 30th day of
July, 1916.
Section Nv
Be 1t Further Resolved that this
resolution take effect and be in force
from and after its passage.
APPROVED:
NORMAN WEATHERSBY, Mayor.
ATTEST:
c. A. GLOVER, Clerk.
The foregoing resolution having
been first reduced to writing was
read and considered by sections and
each of said sections was duly
adopted by the following vote:
Aldermen w. D. Wilson, l.. P. John
son, o. L. Ellison and G. S. Patter-
son voting yea; those voting nay,
none; Alderman w. o. Thomson be-
ing absent.
On motion of Alderman w. D.
Wilson, seconded by Alderman o. l..
Ellison, said resolution was then put
upon its final passage as a whole
and the same was then and there
passed as read by the following
vote: Aldermen w. D. Wilson, L. p.
johnson, O. L. Ellison and G. S.
Patterson voting yea; those voting
nay, none; Alderman w. o. Thomp-
son being absent.
Thereupon the Mayor declared
the motion carried and the S
luton duly passed, approved and
adopted.
NORMAN WEATHERSBY, Mayor.
State of Mississippi, Holmes County.
I. c. A. Glover, Clerk of the City
of Lexington, Mississippi, do hereby
certify that the foregoing is a true
and correct copy of a resolution
passed, approved and adopted by the
Board of Mayor and Aldermen of
the City of Lexington, Mississippi,
at a regular meeting of said Board
held on the End day of July, 1916,
as recorded in Book z, Page 542, of
the Minutes of said Board.
Witness my signature, this the End