The Chronicle-star combined with the Moss Point advertiser., 1949-11-18

Boaru mas flNed the o Of bonds
to be issued in a sum not to exceed
One Hundred Thousand Dollars $780,
OOOl and has determined that the
mount of X necessary to be lev
led and collected annually 10 retire
said bonds shall be in an amount no.
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
with Section IS OF Chap
Ter 2il of the Laws of Mississippi, 1914.
snail mature over a period of time
not to exceed twenty-five (25l wears
with not less than one-fiftieth of the
total issue to-wit, not less han So. 600 90
maturing each e during the first
five years of the life of aid bonds and
not less than one-twenty-fifth of the
total issue, to-Wit. not less han 81 600 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
amount maturing each year 10 be
hereafter determined and the several
amour maturing during the first five
years and during, the succeeding ten
years of the life of the bonds may
exceed. but NAV not be less than. the
amount hereinabove set out, said
bonds to hear interest at a rate OF
not to exceed -Four per cent (4ctl per
annum, all as is set forth in said GER
t~ificate; and
WHEREAS. Supervisors District No
q, Jackson County. Mississippi. is de-
sirous of coming within the provisions
of said Chapter 241 of the Laws of
Mississippi, 1914. as amended and of
issuing the bonds pursuant thereto and
of entering upon industrial develop
ment in accordance with said certifi-
cate issued to said Supervisors Dis
trict No. 4 by the Mississippi AgricuI-
tural and Industrial Board.
NOW. THEREFORE. BE IT RE
SOLVED BY THE BOARD OF SUI
PERVISORS OF JACKSON COUNTY.
does hereby and now declares the in
tention of said Board of issuing the
bonds of Supervisors District No. q
of Jackson County, Mississippi, in 8
sum of not to exceed One Hundred
Thousand Dollars t$100. 000) which
amount said Board affirmatively finds
and ad1udicates as set forth in the
above quoted certificate Will not ex-
coed twenty per cent t20%o) of the
assessed value of h taxable property
Of said Supervisors District No. 4 OF
Jackson County, Mississippi, as pro-
vided in Chapter PAL. Laws of Missis-
sippi. 1914, as amended and 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 1T FURTHER RESOLVED. that
the Election Commissioner of jackson
County, Mississippi, shall give moi 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 ron
secutive weeks preceding the date
of the election which said election
shall be held on the 10th day of De-
cincts 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 h municipality of Ocean Springs
whose polling places are inside of the
municipal limits, shall cast their bal
lot at their respective voting precincts
but there shall be separate ballot boxes
in which h ballots of those residing
outside of the municipal limits shall
be placed and 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 the 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.
a of Jackson County. Mississippi, may
vote in said election, said election COM
missioners shall prepare ballots which
said ballots shall have printed thereon
substantially the following:
shall the Bonds of Supervisors Dis
trict No. q of Jackson County, Missis-
sippi. be issued in an amount not to
exceed 500, 900 for the purpose Of ac-
curing. owning, operating and or
leasing to some reputable concern for
ing or buildings for said Supervisors
District as a municipal industrial en-
terprise.
For the proposed enterprise --
Against the proposed enterprise -
BE 1T FURTHER RESOLVED. that
said election shall be held as far as
practical in accordance with the laws
regarding General County Elections
of the State of Mississippi n the
laws regulating elections held pur-
suant to the authority granted in the
aforementioned Chapter 241, Laws Of
RllSSlSSlDpIt lftfs dS diiiCIldtu anu tf1t
election commissioners shall forthwith
after the holding of said election pre-
pare and file with the Clerk of the
Board of Supervisors of jackson Coun-
ty. Mississippi. a certificate showing
the results of said election.
BE 1T FURTHER RESOLVED that
a certified copy of this resolution be
furnished to the Election Commission
ers of Jackson County. Mississippi for
their information n guidance IN
calling and holding of said election
and that a certified copy thereof be
likewise furnished the Mississippi Ag-
ricultural and Industrial Board.
Adopted in regular open meeting
his 14th day of November. 1919.
and after having been read by sec
tons and in full, by he following
vote on sections and as a whole. to-
wit:
Supervisors voting aye;
Roy o. Cumbest. District No. 1
f. A. Khayat. District Noa2k
Joe v. Krebs. District No. 3
A. p. Moran. District Ne
George A. Cruthirds. District No. g.
Supervisors voting nay: None.
Supervisors absent and not voting
STATE OF MISSISSIPPI
COUNTY OF JACKSON
!. NJ c. Everett. the duly elected
qualified n acting Clerk Of the
bOdTQ OF ouptINiSOls Vi JdCkhOH 1ouli-
~. 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 500. 600 in bonds of Super
visor's District No. 4 of Jackson Coun-
ty. Mississippi as said Resolution APP
pears on the Minutes of said Board
inclusive.
WITNESS MY HAND and Seal of
said Board this the 10th day of No
vember, 1919.
NJ = EWFRETT