Holmes County herald., 1960-04-28

resolution adopted February a,
1860, In the Conference Room Of
the Holiday Inn, pascagoula,
Mississippi, on the LIST day of
April, 1860, after having been
convened in special meeting,
said order having been passed
BY the following vote, to-wit:
Members of the Executive
Committee of the Board 'vot-
ing for the Order:
Mr.. E. E. Laird
Mr.. Robert C. Canada
Mr.. Fred M. Bush, Jr.
Members of the Executive
Committee of the Board alb
sent and not voting:
Governor Ross R. Barnett
Mr.. L o. Bradshaw
Members of the Executive
Committee of the Board vot-
ing against the order:
None
The next order of business
was consideration of a contract
dated February 16, 1860, be-
tween the City of Durant, Hol-
mes County, Mississippi and
Durant Sportswear Inc. exc
cuted by Robert K. Ray and
Lucille Truitt, Mayor and City
Clerk of the City of Durant and
Jennie Scarnici and Arthur Shu-
yer, Presidents of Durant Spor-
Cswear Inc, and Universal Coat
Company and Eileen O'Sullivan
and Julious Stone, Secretaries
OF Universal Coat Company, a
copy of which contract is at
6ached hereto and becomes a
part OF these minutes as though
copied herein in full. The con
tract provides for the issuance
of bonds by the City of Durant,
Holmes County, Mississippi, in
the amount of Two Hundred
and Fifty Thousand Dollars
($25O,O OO .OO) to be repaid by the
Company, both principal and
interest. within twenty COO
years.
Upon Motion by Mr.. E. e..
Laird, seconded by Mr.. Fred
M. Bush, Jr,, the contract as
described above and entered
into pursuant to Certificate of
Public Convenience and Neces-
sity No. 322 was approved by
the Executive Committee of the
Board.
There being no further busin-
ess to come before the Execu-
tive Committee of the Mississi-
ppl Agricultural and Industrial
Board lawfully assembled in a
called meeting this the LIST dav
OF April, 1860, on motion dl,Iv
made, seconded and unanimou-
sly carried, the meeting was
adjourned.
Ross R. Barnett, Chairman
FRED M. Bush, Jr. Secretary
1, Fred M. Bush, Jr., duly
appointed Secretary of the
Board of Directors of the Mis-
slsSlppi Agricultural and In
dustrlal Board do hereby cert
lily that the above is a true
and correct copy of the minu-
teS OF the call meeting of the
Executive Committee of said
board held on the LIST day of
April, 1860. This is the 18th
day of April, 1860.
Fred M. Bush, Jr.,
Secretary
HEREA the Mayor and
Board of Aldermen of the Civ
OF Durant, Holmes County, Mis-
SlSsippi, does now affirmativelv
Ind and adjudicate that all
findings of fact in said certifi-
cate are true and correct and
mat IL IS to the best interest of
me said municipality to issue
me bonds of the City of Durant.
t1olmes County, Mississippi, in
me sum of Two Hundred Fifty
thousand Dollars, $3.50, 900. 90,
,or the purpose of acquiring
owning, operating and or leas-
ing TO a reputable and solvent
manufacturing concern provid-
ing a payroll income for the
c'1zecs of the City of Durant.
MlsslSslpN, and surrounding
territory such type of indus
try) manufacturing building TO
De as provided in said Certifi-
cate; and
WHEREAS, by said Certifi-
cate, the Mississippi Agricul-
Eural and Industrial Board has
under the terms of said Act af-
Ilrmatlvely found that the Civ
d Durant, Mississippi is entit-
Ieo to come within the provi-
Slons OF such Act, and has iss,l-
"a said Certificate of Pubic
convenience and Necessity as
above quoted; and
WHEREAS, in said Certificate
ne Mississippi Agricultural and
industrial Board has fixed tba