The Chronicle-star combined with the Moss Point advertiser., 1949-12-02

WHEREAS, IN said Certificate. the
Mississippi Agricultural and Industrial
Boa=d has ffxed the amount of bonds
10 be issued In a sum not TO exceed
One Hundred Thousand Dollars $500.
0O0l and has determined thai the
amount of taxes necessary to be lew
led and collected annually to retire
said bonds shall be in an amount ma
less than the amount of principal and
interest due each year until said bonds
and interest thereon are paid in full
and has provided that said bonds, In
accordance with Section 10 OF Chap
ter 241 of the Laws of Mississippi. 1874
sh6li mature over a period of time
not to exceed twenty-five (25l years
with not less than one-fftieth of the
total issue, to-wit. not less han 81. 000.0 On
maturing zach year during the first
five years of the life of said bonds and
not less than one-twenty-fifth Of the
total issue. to wit. not less han 81 ,000.0 90
maturing each year during the next
succeeding ten-year period Of the life
OF said bonds and the remainder OF
said bonds maturing in approximately
equal annual amounts. the precise
amounts maturing each year to be
hereafter determined and the several
amounts maturing during he first five
years and during the succeeding ten
years of the life of the bonds may
exceed, but may not be less than, the
\ ~ ~ ~ 80
bonds to bear interest at a rate of
not 10 exceed Fou per cent t4%) per
annum, all as Is set forth IN said Ger
tificate; and
WHEREAS, Supervisors District No.
4, jackson County. Mississippi, IS de-
sirous of coming within the provisions
of said Chapter 241 of the Laws of
Mississippi. 1914. as amended ana of
Issuing the bonds pursuant thereto and
of entering upon industrial develop
men in accordance with said c%ertifi-
cate issued to said Supervisors Dis-
trict No. 4 by the Mississippi Agricul-
turai and Industrial Board,
NOW, THEREFORE,. BE II RE-
SOLVED BY THE BOARD or SU-
PERVISORS OF JACKSON COUNTY,
MISSISSIPPI. hat the said Board
does hereby and now declares the in
tention of said Board of issuing the
bonds of Supervisors District No. 4
sum of not to exceed One Hundred
Thousand Dollars tSI00, 000l which
mount said Board affirmatively finds
and ad1gdieates as set forth in the
above quoted certificate viii not ex-
coed twenty per cent t20%b of he
assessed value of the taxable property
of said Supervisors District No. 4 of
Jackson County. Mississippi, as pro-
vided in Chapter 241, Laws of Missis-
sippi. 1914, as amended that such
bonds shall be issued for the purpose
Of acquiring. owning, operating and or
leasing as set forth in said certificate,
said garment manufacturing building
or buildings and lands necessary
therefor.
BE IT FURTHER RESOLVED. that
the Election Commissioner of Jackson
County, Mississippi. shall give not less
than three weeks notice of an election
to be held upon such proposition, such
notice TO be published by publication
of a notice thereof in a newspaper or
newspapers having a general circula-
ton in said Supervisors District no.
4 once a week for AT least three ON
secutive weeks preceding the date
of the election which said election
shall he held ON the 10th day of De-
eember. 1919. at all the voting pre-
eincts within Supervisors District No.
4. to-wit, Gautier, Fountainbleau,
North Ocean Springs. South Ocean
Springs and Jacobs. All qualified cleo
tors within the municipal limits of
Ocean Springs to vote at their regular
polling places and all qualified electors
living outside of the municipal limits
of the municipality of Ocean Springs
whose polling places are inside oil the
municipal limits. shall cast their bal
lot at their respective voting precincts
but there shall be separate ballot boxes
IN which the ballots of those residing
outside OF the municipal limits shall
be placed n the managers of the
election shall make different returns
of those ballots cast by qualified cleo
tors living outside of the municipal
limits OF the Ocean Springs separate
and apart from the returns made of
the ballots cast of h qualified cleo
tors living within the municipal linn
its of the municipality of Ocean
Springs.
At such election of the qualified
electors of Supervisors District No.
4 of Jackson County. Mississippi. may
missioners shall prepare ballots which
said ballots shall have printed thereon
substantially the following:
Shall the Bonds of Supervisors Dis
trict No. 4 of Jackson County. M!ssis-
sippi. be issued in an amount not TO
exceed 500, 600 for the purpose of ac-
curing. owning, operating and/or
leasing to some reputable concern for
the manufacture of garments a build
ing or buildings for said Supervisors
District as a municipal industrial en-
terprise.
Against the proposed enterprise -
BE 1T FURTHER RESOLVED. that
said election shall be held as far as
practical in accordance with h laws
regarding General County Elections
of the State of Mississippi and the
laws lGGuldIliiE GlCtllOIlS lltlu PUi-
suant to the authority granted in the
aforementioned Chapter 24i. Laws of
Mississippi. 1914, az amended and the
election commissioners shall forthwith
hitter the holding of said election pre-
and file with the Clerk of the
Board of Supervisors of Jackson oun
ty. Mississippi, a certificate showing
the results of said election.
BE IT FURTHER RESOLVED that
a certified copy of this resolution be
furnished TO the Election Commission
ers of jackson County, Mississippi for
calling and holding of said election
and that a certified copy thereof be
likewise furnished the Mississippi Ag-
r%ieultural and Industrial Board.
Adopted in regular open meeting
this 18th day of November. i949.
tions and in full. by the following
vote on sections and as a whole, to-
wit;
Supervisors voting aye:
Roy O. CumbeSt. District No. l
f. A. Khayat. District No. 2
Joe V. Krebs. District No, ,
a. p. Moran. District No. 4
George A. Cruthirds. District No. s.
Supervisors voting nay; None
Supervisors absent n not voting:
None.
STATE OF MISSISSIPPI
COUNTY OF JACKSON
|. N. c. Everett, the duly elected
qualified and acting Clerk of the
Board of Supervisors of Jackson Coun-
", Mississippi. hereby certify that the
within and foregoing Q pages
constitute a true and correct copy of
the resolution passed by the Board of
Supervisors of jackson County, Missis-
sippi. calling an election for voting
on the matter of the ISSUANCE of not
10 exceed $1,000 0 in bonds of Super
visor's District No. 4 of Jackson Coun-
ty. Mississippi as said Resolution ap-
pears on the Minutes of said Board
in Minute Book %. pages i02-i07.
inclusive.