The Durant news. (Durant, Miss.) 1882-1985, 1946-11-28

DOIluS, DIS PIOfluGQ III oeCtlOIl 40 Vi
Chapter 241, Laws of 1914; and said
municipality shall report annually
to this Board relative to the collect
ion of taxes and the payment of
bonds and interest, as provided by
Section IS, Chapter 241, Laws of
1914;
That the said Mayor and Board
Of Aldermen of the City of Durant,
Holmes County, Mississippi, may
acquire for the expansion and en-
largement of the said industrial
enterprise whatever land may be
necessary for such purpose.
2. That said City Of Durant,
Holmes County, Mississippi, may
construct on said land so acquired
and on the land presently used and
useful in the operation of said enter
prise such additions and improve
ments as may be necessary to en-
large and expand the present fac
tory building SO that it shall con-
tain sufficient square feet OF floor
space to meet the needs OF such
manufacturing establishment and to
expend therefor not to exceed the
sum of sixty thousand dollars
$3.50, O00. 00), including the land on
which said building is erected, but
no part Of said amount shall be ex-
pended for machinery or equipment,
except machinery and equipment fo
preventing fire and for air con-
ditioning said building and additions
thereto, and said municipality shall
not operate said industrial enter
prise but is authorized to dispose
Of, to lease or rent said lands and
buildings after requirement and
construction to some person, firm or
corporation on terms and conditions
to be submitted to this Board for
approval before any such contract
or lease, rental, and operation shall
become finally binding upon said
municipality. Provided, however, If
for any reason the plant cannot be
leased or said lease shall for any
reason terminate, then the NUM-
cipality may operate the same under
the direction of the municipal
authorities, authority therefor hav-
ing been previously obtained from
this Board;
3. That said City Of Durant,
Holmes County, Mississippi, for the
of the issuance OF said
bonds, and for the purpose OF ex-
banding and charging said pres
ent factory building and construct
ing additions and improvements
thereto, and Of entering into said
industrial development as author
lied by this Certificate, shaif fully,
comply with all the provisions OF
Chapter 241, Laws of Mississippi OF
1914, and especially with Section Is
thereof;
q. That the Certificate Of Public
Convenience and Necessity shall ex-
pire on the 30th day of October,
1947, snder the provisions OF Chap
ter 241, Laws Of Mississippi OF 1914.
II is further ordered by the Ex-
ecutive Comittee of the Board thai
the Secretary hereof be authorized
and empowered, under the seal OF
this Board, to issue to the City OF
Durant, Holmes County, MISSISSIPPI,
a certified copy Of this Order as the
Certificate of Public Convenience
and Necessity for the said City OF
Durant, Holmes County, Mississippi,
to proceed in accord with this
order.
Adopted by the Executive Com
mittee Of the Mississippi Agricul-
tural and Industrial Board, in the
name of the Board Of Directors and
in accordance with the powers con-
ferred upon the Executive Commit
tee by a resolution adopted by the
Board of Directors on February 20,
l945, at the office Of the Board in
the City of Jackson, Kinds County.
Mississippi, on the 31st day Of
October, 1916, after having been
convened in special meeting, said
Order having been passed by the
following vote, to-wit:
Members Of the Executive Com
mittee Of the Board voting for the
Order:
Littieron Upshur, Hugh L. White,
Harvey Lee Morrison, William E.
Barksdale.
Members of the Executive Com
mittee of the Board absent and not
voting:
Thomas L. Bailey. .
Members of the Executive Com
mittee Of the Board voting against
the Order:
None.
There being no further business,
the meeting was adjourned.
THOMAS l.. BAILEY,
..,.. Chairman.
WILLIAM E. BARKSDALE
Secretary"
WHEREAS, the Mayor and Board
of Aldermen of the City of Durant,
Holmes County, Mississippi, does
now affirmatively find and adjudi-
cate that all findings of fact in said
certificate are true and correct and
that the operation of the above
mentioned hosiery manufacturing
plant by Real Silk Hosiery Mills,
Inc, since the acquisition of the
said plant property by the NUM-
cipality, has been greatly beneficial
to the municipality by reason OF
gainful employment, income and
payroll provided the people OF the
City of Durant, Mississippi, and the
nI;,1 +arritory. and that n