The Chronicle-star combined with the Moss Point advertiser., 1946-08-16
Legal Notices


9ruounf Of Thirty Thousand Dollars
039.oool for the purpose Of erecting .
Hunicipal building tcommonlY called
asni sqaipmsni ana apparain. Of said
&tfys setting out fhs form Of said
Bends and fhe Coupons 10 be attach
81 thereto. determining the rate oi
fafsrssf, nafurifies and place Of pzy-
ss=s 80 ihs.sot; ,rw snd mskins Psoyisicn
raY said Bonds and the Interest there
IN nf The same mature and accrue.
Wherea1 heretofore. to-wit: on the
18th day % April, 1916 the Board Of
Pascsfeula. Mississippi. did adopt Reso-
HIflon No. One. entitled
Resolution declaring fhe infsn-
ION Of the Beard Of Mayor and coun-
4tl1zen uf the City Of pasraaoria, Mis-
X9gIpp1, 70 Issue Negotiable Bonds Of
~ City a the maximum snounf Of
Nns purpose Of erecting q Municipal
Huildfng fcommonIY called ! Ffre sta
uonl - house Fire Department equip
menf and apparatus Of said city,"
WHEREAS. said resolution did de-
clare that IL was the Intention of the
SAID Boerd of Mayor and Councslmen
e issue tho Aforesaid bonds on the
nth day Of May, 1915: and
WHEREAS. under the provisions of
said resolution. and as required by
Mction 56oS Of the Mississippi Code Of
1912. the said resolution was publish
- at length on the 18th and 2Gfh
DAYS Of April. 1916 and On tho ard
s ~ .u.h GAYS OF May. 1916, N he
" the City Of PascaRouia. MtssiEsipui
and which had been so publsshnd for
more Than twelve months pribr 10
ne. date Of the first publication Df
fstr reeo'ufion. and
WHEREAS. on the said nth da., of
MAY ie46, the said Board of MAYOR
snd Inuncilmen did r,4eet for the ntrr-
pose OF receiving protests against the
Hs,s.rrn .,sr q said bonds; and
WHEREAS. on the said nth dav OF
Msv. 1910. no protests OF any kind ~
character were filed against the IA
Huance OF said bonds: and
WHEREAS. the said City of pasna-
Eouln is city OF less than fifteen
hc.sss,i fts.O00) inhabitants: and
WHEREAS. the amount of bonds 10
pe isssied Is not more than Thirty
Trrstsard Dollars $3.50 00O): and
WHEREAS. under the provisions of
kection 3605 Of the Mississippi Code Of
1872 the bonds aforesaid may now Be
1essed by the said CITY of Pascagouia.
WITHOUT submitting said proposition %
an elertinn and
WHEREAS. the assessed valuation OF
taxable property In said City Of Pas
earnule as sscertained bv the last fin
Ally completed and cqualized assess
lnent. Is Five Million. One Hundred
Sixty-nne Thousand, Seven Hundred
end Thirty Dollars tss. .f6i 1901: and
WHEREAS. the said CITY of pasca-
FossIs now has outstanding bonded
and floating Indebtedness aagresating
thf rrsresnai amount and sum of Two
Hundred Twentv-three Thousand Five
Hundred Dollars ts223 .5n0l. exclusive
of bonds PAYABLE solely from revenues
of rsshIir utilities; and
WHEREAS. the amount of bonds
rruposed 10 he issued. namely. Thirty
Thousand Dollars $50 e00l. when arid-
ty g TO The, the Outstanding nss, bonds Of said
other evidences of indebtedness here
tofore issued for water and light
purnnecs and for the construction of
special improvements primarily charR-
s rp o e 81 psygr the y or oro FOR
portion cf any heftermeut program.
eesties. OF =hichE x =.ss...s@r.l.s
chargeabie TO the property benefited,
does not exceed ten per centits<a ff0eal
of the asressed value OF taxable prop
ertv IN said City according to the last
rumpletr assessment for taxation. and
that said amount Of bonds proposed
70 DE issued. when added 10 all out
and floating. does not exceed fifteen
per centum tisT) of the aforesaid
value Of taxable property in said
WiiFREAs. on the nth dav. of NAV
Councilme- did adopt Resolution No
a R"solus;on finding and ssisrm-
lining fhaf Resolution entitled "A Res
elufion dec,aripa the intention Of the
the City Of psscsqouis. Mississippi.
10 issue neaofiabie Bonds of Said civ
IN the maximum amount of Thirty
Thousand Dollars tsso oool fas ne pur-
pose ~ erecting MuniclpN Rpiidi1q
house Fire Department euuipmenf and
apparatus Of said City adopfed by the
Beard of Mayor aud Counciimsn NJ
ssid City on the 18th day of Aur;i.
lsts, was duly and rssulasl. ruelisn
kind or character has been filed
against the issuance of said Bonds; and
aufhorizinu and directing that said
Bords be issued;'-
and
WHEREAS. thereafter. to-w,t: on the
18th day of July. 1916 after notice
duly published as required by House
Pill No. 277 approved March n. 1886,
the said bonds were duty sold. and the
preparation and delivery thereof should
now he nrcvided for: and
WHEREAS. II Is now found TO ne
necessary and advisable that the de-
rails and Incidents of said issue should
be fixed and determined upon:
DAfNED BY THE BOARD OF MAYOR
AND cOUNCfLMEN OF THE CITY OF
pAscAGOULA. MIssIsSIPnI. As
sEcfioN /. That there she'll be and
there are hereby authorized and or
tIered fc be prenared and issued .honus
Of the CITY OF PascaRntiia. mississippi.
in the snourt of Thirty Thousand
Dollars ts30o00) for the niupose OF
erecting 2 municipal building scom
fire department equipment and appa.,,
rattrs of said City said bonds shall
bear date of August ], 1896. ann shall
bear interest at the rates per annun
hereinafter set forth payable SEMI
annually on February 1st and Aug
usf fst In each wear until the prtn,,
cipaI of Said bonds. respectively. snail
have been fully paid Interest ac-
cruinK on said bonds on and prior 10
the respective maturity dates thereof
,shali bs evidenced by and shall be
payable upon presentation ana sur
render of Interest coiipons TO De az
fached 10 eacn of said bonds. Both
the principal of and the interest on
said bonds shall be navabie IN law.
full MONEY of the United States OF
America al the Pascagouia- Moss POM
Bank. in the City OF Paseagouia. State
of Mississippi. The said bonds shah ne
lithograoled in ,wo OF more eoloss 70
sxeented hy the Mayor of said CITY
cosirterSigned bv the City Clerk. with
the seal of said City impressed upon
each hond. and the interest COUPONS
ii he attached 20 said bonds shall be
executed ny the facsimile signatures
81 said officials. The said bonds shall
Re numbered from One ID TO Thirty
f30l. both inclusive; shall be OF the
REORGANIZATION of One Thousand Dol
lars al .oa0l each. shall bear inter
est at tho rates, and shall mature.
without option OF prior payment. as
1ond Rate of Amt Maturity
Vt.rsNa-s Int
and ilsqs $4,000 August !. 1917
J and I 1.sg 1000 August | 1919 ,ssS