The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1946-09-26

AND NECESSITY AFTER HEAR.
ING.
Whereas, on the 9th day of August
1916, the Mayor and Board of Alder
men of the City of Lexington
Holmes County Mississippi
made application to the Mississippi
Agricultural and Industrial Boarc
for Certificate of Public Con-
venience and Necessity for indus
trial development for the City OF
Lexington, Holmes County, Missis-
sippi; and,
Whereas, the Executive Commit
tee of the Board has made investi-
cation to determine whether said
City of Lexington, Holmes County,
Mississippi, has sufficient resources,
available labor supply, adequate
property values, and suitable finan-
cial condition to permit said NUM-
cipality to acquire some industrial
enterprise without undue burden
upon said municipality and the cit
liens thereof, reference being here
by made to all files and records of
this Board of such investigation in
full aid hereof as though copied
herein in full;
Now, Therefore, the Executive
Committee of the Board finds as a
matter of fact that the natural re-
sources readily and economically
available and obtainable in the ter
ritory Of the City OF Lexington,
Holmes County, Mississippi, the
available labor supply, the property
values, and the financial condition
Of the City of Lexington, Holmes
County, Mississippi, will permit and
authorize said City Of Lexington to
have operated therein a garment
manufacturing type Of industry that
will employ not In excess Of three
hundred sixteen (316) operatives.
The Executive Commute Of the
Board further finds:
/. That there are sufficient nat
ural resources readily and economi-
cally available for the operation Of
such . garment manufacturing type
Of industry for at least twenty (20)
years, for which period Of time
bonds of the said City of Lexington,
Holmes County, Mississippi, may be
issued under this Certificate, as
hereinafter ordered:
2. That the available labor sup
ply for each operative job in said
Industrial enterprise in an area Of
twenty-five (25) miles of the pro-
posed factory site in the City of
Lexington, Holmes County, Missis-
sippi, excluding labor other than
agricultural labor already ,gainfully
employed in said area, between the
ages Of eighteen and fifty, is four
hundred seventy-five (475), and that
the number Of operative jobs that
may be established in said industry
in the City of Lexington, Holmes
County, Mississippi, is three hum
bred sixteen (3l6), which will fur
nish more than one and one-half
workers between the ages of
eighteen and fifty il said area for
each operative job in said industry;
3. That the total assessed valu-
alton OF all property in said NUM-
cipality, City of Lexington, Holmes
County, Mississippi, according to the
last assessment for advalorem tax
alton, is one million four hundred
eleven thousand three hundred
eighty-three dollars Isl, All, 1888. 00),
and that bonds may be issued in
the sum of not to exceed one hum
dred fifty thousand dollars ($150, 000
OO), which is less than twenty per
centum of the total assessed valu-
alton of all property in the said
City of Lexington, Holmes County,
Mississippi.
The Executive Committee of the
Board having, from oral and docu-
mentary evidence, from hearings
and investigation determined all OF
these facts as hereinabove stated,
does thereon hereby order and direct
the issuance Of, and there is hereby
issued, a Certificate of Public Con-
venience and Necessity to the City
of Lexington, Holmes County, Mis-
sissippi, for the promotion of the
general welfare of said municipality,
and of the State OF Mississippi, as
declared in Chapter 241, Laws OF
Mississippi of 1914, for the City OF
Lexington, Holmes County, Missis-