The Chronicle-star combined with the Moss Point advertiser., 1949-04-22
Legal Notices
REsoLuTroN Nc. a-lses

RESOLUTION NC. s-isss
A RESOLUTION TO DIRECT TIL
SALE OF THIRTY THOUSAND
DOLLARS $3.50. 1000 PUBLIC PARa
IMPROVEMENT BONDS OF TIL
GITY OF PAscACouLA. MIssIs
BIZ III RESOLVED by THE BoARr
OF MAYOR AND CouNciLMEN or
THE CRY OF PAscAGOULA. MIS-,
SIsSIPpI, AS FOLLOWS;
SECTION /. That the Thirty Thous-
and Dollars $3.50, 00d1 Pebble Park I'm.
proveInent Bonds OF the City of Pas.
cagouia. Mississippi. as proposed &c
he issued by resolution Of this Board
adopted on the 25th day of March
1919. shall be offered for sale to the
highest bidder therefor on Tuesday,
THE 26th day of April. 1919.
SECTION 3 That said bonds shall
be sold on sealed bids to be filed with
the City Clerk at his office In the City
HAIL in the City OF Pascagoula. Mis-
sjssippi. at or before the hour of II
O'Clock a. m. on the aforesaid date:
each bid to be accompanied by a
cashiers check, certified check. or ex-
change. payable to the City of Pasca-
goula. Mississippi, issued or certified
BY q bank located In the State of
mississippi. in the amount of Six Hun
tired Dollars $4,000 as a guarantee that
the bidder will carry out his contract
n purchase the bonds IL his bid be
accepted IL the successful bidder fails
TO purchase the bonds pursuant to
his bid y contract. the mount of
such good faith check shall be re-
tanned by the City of P~ascagoula and
paid into the City Treasury a. liauI-
dated damages for such failure. The
Board Of Mayor and councslmen re-
serves the right to reject any or all
bids submitted. and " all bids are re-
jected. to sell said bonds at private
sale AZ any time within sixty t60l days
after the date advertised for the re-
ceipt of bids. at a price not less than
the highest hid which shall have been
received at such advertised sale.
SECTION 3. That bidders for said
bonds be requested 10 designate I'm
their bids the price they will pay for
bonds bearing interest al a rate or
rates likewise to be designated In their
bids: provided. however. that all bonds
of the same maturity shall bear in
teresf at the same rate. which shall
be nm even multiple of one-eight of
y per centum (ii8 of 1eD.
SECTION 4. That. as required by
N.hapfer S25, Laws of Mississippi. 1916.
The City Clerk shall be and he Is here
~ authorized and directed to give no.
tire OF the sale OF said bonds by pub
lIcaticn NJ least two f2j times In the
P~ascagoula Chronicle Star and Moss
Fofnt advertiser, a newspaper pub
lshed in Jackson County, Mississippi;
the frs publication to be made at
least TN 10l days preceding the date
for pie reception of bids, and such
nnuce TO be In substantially the fol-
lowing form. to-wit.
NOTICE or BOND SALE
PUBLIC PARK IMPROVEMENT
BONDS or THE
CITY OF PAScAGOULA. MISSISSIPPI
Sealed proposals will be received by
the Board Of Mayor and councilmen
q b City OF P~ascagoula, Mississippi.
At the office of the City Clerk In the
City Hall of said City. until the hour
az III o'clock a. IN. on Tuesday. the
18th uay of April. 1919. at which time
said bids will be publicly opened for
NJ purchase, at not less than par and
accrued interest. of Thirty Thousand
Dollars tS30. o00l Public Park Improve
nfert Bonds OF said City of ~Paseagoula.
SAID bonds are to bear date of MAY
j. 1919. are to be of the denomination
of4Dne Thousand Dollars Isl .0O0l each,
and shall bear interest az a rate or
rates to be determined pursuant to
sale Of said bonds. payable January
y. 1880. and semi-annually thereafter
on July ! and january | in each year.
-+~ Va III ttlAGiGHi Ot Ufu
bonds will be payable at a place to
De designated by the purchaser. sub
tect to approval OF the Board of Mayor
ana Cbunciimen. and said bonds shall
fnatuye serially. without option of prior
payUient. $4,000 on January l In each
4 years 1850 to 1864. both in
elusive.
Bidders are requested TO designate
IN their bids the price they will pay
for bonds bearing interest at a rate
or rates likewise TO be designated in
their bids. provided. however. that all
OF the bonds of the same maturity shall
bear interest at the same rate. which
shall be an even multiple of me-
eight of one per centum us of l%l.
Proposals should be addressed to
the Board OF Mayor and Couneilmen,
should plainly be marked Proposal
for Bonds" n should be filed with
the City Clerk on or prior to the date
hour ~hereinabove named. Each
bid must be accompanied by a cash
iers check, certified check, or ex-
change. payable to the City OF Pasca-
Koula, Mississippi. issued or certified
by a bank located In the State of Mis-
sissippi, in the amount of Six Hun
Cred Dollars (S600l as a guarantee that
the. bidder will carry out his contract
and purchase the bonds If his bid b.
accepted. Ii the successful bidder fails
~ nv 0olAAn ROi1uaflt u III
bid and contract. the amount of such
good faith check shall be retained by
the City and shall be paid nto the
Treasury of said City of ~paseagoula.
The Board of Mayor and Council
men reserves the right to reject any
or all bids. ,
The City will furnish the legal opin-
ion of the law firm of Charles and
T~fauernicht. ST. Louis. Missouri. and
viii pay for the printing of the bonds
hnd the cost of the valuation of the
bonds. Delivery of the bonds will be
made to the purchaser OH or before
June LIST. le49. in the City of Pasca-
Roula, Mississippi. without cost to the
purchaser. Delivery elsewhere will be
made ct the expense of the purchaser.
BY order OF the Board of Mayor and
Couneilmen of the City of ~Pascagoula.
Mississippi. this 9th day of April. 1919.
City Clerk
SECTION s. That the City Clerk
shall obtain from the publisher of the
aforesaid newspaper the customary
publishers affidavit proving publica-
ton of said notice for the time and
in the manner required by law. and
such proof of publication shall be
filed in the City Clerks office.
The foregoing resolution having
been introduced in writing at this, a
ANhAAuA HttCtbiB VI thE b0dAd vi way
or and Councllmen of the City of
Pascagoula held on Friday, the 18th
day OF April. 1919, was at said meeting
read. considered and adopted. para
graph by paragraph. section by see-
ton. and Their as a whole, without
change in the form in which 1t was
introduced. by the following vote:
Ezell voted aye
DeJean voted V
Canty voted aye
ATTEST:
tsigned) v. p. DeJean. Clerk
APPROVED:
tSigned) F. S. CAVITY. Mayor.