The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1950-10-19

Tx F1i1IA SS1~
JUNIOR COLLEGE.
WHEREAS, there has been filed with
the Clerk of the Board of supervisors
Of Holmes County, Mississippi. and this
day presented to the Board OF super
resolution passed, approved and adopt
ed by a majority and quorum of the
Trustees of the Holmes County Agri-
cultural High School-Junior College,
which resolution is as folloWs' to-wit.
RESOLUTION
1t appearing that the Board of Trust
ees of the Holmes County AHS-Junior
College that it has no suitable building
for a gymnasium n that It is neces-
sary that one should be built n that
some of the school buildings be re-
paired, and it appearing to the Board
of Trustees thai 1t is necessary for the
welfare of said A. H. S.-Junior College
that the repairs be made and a new
gymnasium he erected ana equipped at
once. And it further appearing to this
Board of Trustees that it will require
the sum of 500, 900. 90 to do said work.
And il further appearing that this in
stitution has no money with which to
do said work, Hence 1t Will be neces,
and sold in the sum of $100. 1000 90 for
said purposes. -
That the Board of Supervisors OF
Holmes County. MISSISSIPPI De and Ill !!
bonds of Holmes County, Mississippi in
the sum of $780, 00. 90 to build. con-
, struct, equip and repair school build
gs. including a new gymnasium at the
School-Junior College; Goodman. Mis-
WHEREAS. the Holmes County Agri-
cultural High School-Junior College
was formed prior to March 81 1850,
! and for the support of which taxes were
levied and collected on the taxable pro-
perty of Holmes County, Mississippi on
and before March 81, 1850; and
WHEREAS, said Holmes County Agri-
! cultural High School-Junior College is
now a duly and legally organized, OPP
Grating and existing Agricultural High
School-Junior College, situated in n
owned entirely by Holmes County,; n
AHEREAS, the Board of Supervisors
of Holmes County, Mississippi Goes now
adjudicate that it is necessary mat
there be built, constructed and equipped
a gymnasium for the Holmes County
Agricultural High School-Junior Col
lege and that the existing school build
ings of said Holmes County Agricul-
tural High School-Junior College be
repaired and that IT will be necessary
to expend the sum OF $lOO,UOo.uU LOT
such purposes and that there are no
AVAlIaDle IunuS Will WlllIli ~ ANN
the aforesaid improvements. and
that it is necessary that the bonds OF
Holmes County, Mississippi be issued In
the sum of 500. 600. 90, for the purpose
of making such improvements; ana
WHEREAS, he Board of supervisors
of Holmes County, Mississippi does now
determine and adjudicate that the SAID
proposed bonds in the sum OF SlOo,0O0.00
when added to all of the present out
standing indebtedness of Holmes Coun.
a. I-AL I-~I~I a.1 flnntin0 Will moi
exceed 1919 of the assessed vaiue OF
taxable property within Holmes Coun-
ty. Mississippi, according to the last
completed assessment for taxes. now
THEREFORE,. BE IT RESOLVED. BY
the Board of Supervisors OF homes
County, Mississippi:
Section I.
That the Board of supervisors OF
Holmes County. Mississippi, in accord,
ance with the provisions of House Bill
No. 255 of the General Acts of h 1850
regular legislative session of the Legs
lature of the State of Miss. as
by House Bill 1895 of h General Acts
Of the 1850 regular legislative session OF
sippi, does hereby declare the inten-
ton of the Board of Supervisors of
| Holmes County. Mississippi, to issue
| and sell the serial bonds of Holmes
, County, Mississippi in the sum OF
S1O0. 100000 for the purpose of obtaining
funds with which to build. construct.
and equip a gymnasium for the Holmes
| County Agricultural High School-Jun-
ior College, and with which 70 repair
the existing school buildings OF h said
| Holmes County Agricultural. High
| School Junior College. and Monday the
9Th day of November, 1850 is hereby
| fixed as the date upon which the BOARD
Of Supervisors of Holmes County. Mis-
sissippi proposes to direct the issuance
of said bonds.
Section II.
That said bonds shall be in denomina-
| tions of 81. 600. 90 each and the interest
| thereon shall be payable ~semi-annually
| and said bonds shall be dated Novem-
Der /, 1850, and shall mature as follows: