The Chronicle-star combined with the Moss Point advertiser., 1949-03-04
Legal Notices
ORDINANCE NO.. 6 is4s

N NO. D - lS4S
AN ORDINANCE ENTITLED AN
ORDINANCE DIRECTING THE MAY
OR AND CLERK OF THE CITY OF
PASCAGOULA, MISSISSIPPI. IN THE
NAME OF AND FOR AND IN BE
H HAn OF oEs THE sap HSS GrTY TO LEASE e Sc
MOTOR VEHICLES. MODEL 1919.
FROM THE LYONS MOTOR COM
PANY OF PASCAGOULA. MISSIS-
SfPPI, DEFINING THE TERMS AND
CONDITIONS OF THE SAID LEASE
a 4aR pEE the SuH SAN Moron o Tfi
HICLES TO BE LEASED FOR AND
OPERATED BY THE POLICE DE-
PARTMENT OF THE CITY OF PAS
CAGOULA FOR POLICE USE.
BE IT ORDAINED BY THE BOARD
OF MAYOR AND COUNCILMEN OF
THE CITY OF PASCAGOULA. MIS-
SISSIPPI:
SECTION L. That the Mayor and
Clerk of the City of P~ascagoula, Mis-
sissippi. be and they are hereby di-
rected to execute in the name of and
for and in behalf of the said City and
under its zeal the following described
lease contract with Lyons Motor Com
pany Of pascsgoula. Mississippi. viz:
STATE OF MISSISSIPPI
COUNTY OF JACKSON
This LEASE CONTRACT made and
entered into on this the.....day of
March. l949. by and between Lyons
Motor Company of PascaFoula. Mis-
sissippi. hereinafter called the Lessor,
and the City of Pascagoula. Mississippi.
g municipai corporation, acting herein
bv and through its Mavor and Clerk.
in pursuance of an Ordinance adopted
by the Board of Mavor and Council
men of the said Citv; hereinafter
called the Lessee. WITNESSETH;
l. Lessor does by these presents
lease and let TO the Lessee for eight
months under the terms and condi-
tionS, and for the consideration here
matter set forth, that certain new
la49 Tudor Black Deluxe Model.
145537M. and that certain new fs49
Tudor Black Deluxe Model. FtAetline
Chevrolet. Motor No. 4AA l3O050M.
2. Lessor will accent from Lessee for
the use of said motor vehicles under
the terms and provisions of this lease
monthly payments of the sum of
$4,000 each, and one monthly in
stallment in the sum of Sl68. 90, the
first of which rentals is due and pay
able April 1. 1949. and the said rent
ais shall be due thereafter in a like
sum on he LIST day of each month for
seven consecutive months. and said
last payment in the amount of S168.0 G
30 be due on November I. ls4s. After
full payment of said rental install
rNents the rental for said vehicles
shall be the sum of 81. 90 per year.
1850. and annually thereafter.
"a. Lessee agrees and obligates itself
70 make the said rental payments as
they respectively become due. and
also covenants and agrees to at its
NJ expense insure said motor We
hicles against loss by fire and against
loss nv theft 10 . sum of not less than
si6f4.o0 on each Vehicle, against each
i. II is further agreed, that in the
event any one of the rental payments
are not made on the due date thereof,
that the same shall bear interest at
the rate of sc per annum from its
due date until such time as the same
is paid,
s. Lessee further covenants and
maintain and keep in a good state
of repairs said vehicles and will On the
expiration or termination of this lease
return the same to lessor in the same
condition as the same now Is, normal
wear and ear excepted.
6. Lessee further agrees that during
the period of this lease it will restore
and repair, at its own expense, any
and all damages which may be suf-
fered by the said vehicles by collision
DIT Ot1t WlSG.~ - = - oil D.. ....4. -
z. In the event of default in the pay
ment of any of the rental payments
specified herein at its maturity, the
Lessor may at his option either term
mate this lease and TAX possession OF
the said vehicles. or may proceed to
the collection of said rental payments
as they severally mature, by court
action or any other proper manner
provided, however, any such default
If N.Y.. is not caused by appeal OF
other proceedings by any taxpayer OF
taxpayers in Which event the rental
such appeal or other proceedings will
have been favorably disposed of. and
In the event of such an appeal or 9th.
.sr proceedings pending termination OF
same the lessee shall not be held In
default, for -non-payment Of rental,
Q. It is further agreed that during
the term of this lease the lessee is
to pay all cost of operation and main
tenance of the said vehicles. and is
also to pay any and all lawful taxes
which may be levied on same. either
privilege or ad valorem or otherwise.
9. In consideration of the execution
of this lease and payment of rentals
Lessor does by these presents give
and grant to lessee the right and OPP
ton to purchase said motor vehicles
for the sum of sI664. 90 each. plus in.
from this date thereon to the rental
payment date on which this option
to purchase is exercised, on which
sum shall be credited N payments
and interest thereon made as rental
OF same to said time. Notice of the
exercise of the option to purchase
shall be given to the Lessor or to the
holder or owner of this lease ten days
prior to the rental payment date on
which same Is to be exercised. said
notice to be given in writing which
NAV either be delivered in person, OF
sent by United States mail. postage
PREPAID. to the address of the Lessor
or holder or owner of this Lease Con-
tract. Upon the exercise of the said
option and payment of the purchase
price to Lessor Or the holder OF owner
of this Lease Contract. a Bill of Sale
varranting title. to said property shall
be executed and delivered to Lessee
by Lessor.
IN WITNESS WHEREOF. the par
ties hereto have hereunto set their
hands and caused the corporate sea
of the CITY of Pascagoula, Mississippi
to be affixed hereto. on this the.
day of March. A. d. i949.
LYONS MOTOR COMPANY
BY: