The chronicle., 1963-12-27
NO. 1879
CARL A. MEGEHEF
Trustee
At 1918. 20. 81. IL

NJ OOfS
IN RE: LOAN IN ANTICIPATION
OF TAXES BY JACKSON COUNTY.
MISSISSIPPI.
The Board of Supervisors OF Jack
son County. Mississippi, took up for
consideration the matter of borrowing
q sum In the maximum amount OF
$3.50. 10000 in anticipation Of taxes as
authorized by Section 2s26-13 of the
Mississippi Code of 1942 and amend
ments thereto, and following a dis
eussion Of the subject. Supervisor Ed
ward A Khayat offered and moved
the following resolution:
RESOLUTION DECLARING THE IN
TENTION OF THE BOARD OF
SUPERVISORS OF JACKSON COUN-
TY. MISSISSIPPI TO BORROW A
SUM IN THE MAXIMUM AMOUNT OF
$3.50. COOS 0 IN ANTICIPATION OF
TAXES FOR THE PURPOSE OF DE-
PRAYING EXPENSES OF SAID COUN-
TY, AND ISSUING NEGOTIABLE
NOTES THEREFORE, AID DIRECT
ING PUBLICATION OF NOTICE OF
SUCH INTENTION.
WHEREAS. the Boara Of Supervisors
does now find and determine that 1t
has become necessary to borrow
money in anticipation Of taxes for
the purpose of defraying the ex-
penses of jackson County. Missis-
sippi; and
WHEREAS this Board has made due
investigation and does now find and
determine THAI the estimated amount
70 be borrowed is the maximum
amount Of $3.50, 1000 which amount
Is In anticipation Of taxes for the
fiscal year Of 1868. which taxes will
be collected in January. 1864; and
WHEREAS. sufficient sums are not
now aRilable to the County to pro-
! TOR the payment Of expenses of
she County: and
WHEREAS. this Board OF Super
VisprS is authorized by the provision
OF Section 292s-13 Of the Mississippi
Code of 1912 and amendments thereto
TO borrow money IN anticipation OF
taxes for the purpose Of defraying the
expenses Of such County, to issue
negotiable notes of the County there
for TO mature not later than April LIST
OF the ear succeeding the year in
which such notes are issued, and pro-
Vtded that such amount of money
authorized to be borrowed shall not
be In excess Of 25T6 of the taxes COL
lected and to be collected under the
last preceding annual tax levy for the
funds for which said money Is Dor
Sowed: and
WHEREAS. this Board of supervis-
ors having made due investigation
finds and determines that the sum
Of $3.50. 0oo.o to be borrowed does not
exceed $50 of the estimated amount
OF taxes to be collected in Jackson
County on the Assessment Roll Of 1868.
which taxes will be collected in Jan
usry, 1864. and thereafter; and
WHEREAS. this Board of Supervis
ors does now find and determine that
1t is necessary and In the public in
terest that said sum Of money be
borrowed as hereinafter set forth:
NOW THEREFORE BE 1T RE-
SOLVED BY THE BOARD OF SUPER
V1SoRS OF JACKSON COUNTY
MISSISSIPPI AS FOLLOWS:
SECTION /. That the Board of
supervisors Of jackson County, Mis-
sissippi, hereby declares its intention
% borrow . sum of money for said
County in the maximum amoun of
$160.ooo.oo in anticipation of taxes to
be received from collections on the
assessment loan Of the fiscal year of
1868 for the purpose Of defraying the
expenses Of sad County. part of
which sum shall be borrowed in Jan
uary. part in February and part in
March. 1854. The Board OF Super
visors shall pledge that such notes
shall be paid out Of the first money
collected by such taxes collected for
the fiscal year 1858 or shall pledge
the levy Of q special tax to pay the
amount borrowed for use that year.
SECTION 2. That the money to be
borrowed in said amount and for the
purpose of aforesaid shall be autho-
xfzed n . meeting of the Board of
supervisors to be held at 1000 Am.
on Monday the 9Th day of January.
1868. or at some meeting held subse-
quent thereto. II 20Es of the qualified
electors OF said County shall file q
petition against the issuance of said
notes, Their an election on the question
OF the issuanc Of said notes and bor-
rowing Of said money shall be called
held as provided by law. If no
such protest be filed. then notes shall
oe issued snd said money borrowed
without an election on the question
oi ISSUANCE and borrowing thereof.
8. That this Resolution
sna1 be published nee a week for a.;
1east three 49, consecutive weeks in
me Chronicle, q newspaper published
n OF general circulation in Jackson
county. Mississippi. and which Is 4
quali1led newspaper under the nrovi-
SONS OF Chapter 427. Laws of Mis-
sissipoi, 1913. The first publication of
TINS Resolution shall be made not less
than twenty-one (21l days prior to
the aforesaid date,
SECTION 4. That the Clerk of this
Board shall be and is hereby directed
70 procure from the publishers of tha
aforesaid newspaper the CUSTOMARY
proof Of the publication OF this Peso
tuition and to have the same before
Snis Boa at its January. 1864. meet
ing.
Supervisor Lum Cumbest seconded
the motion TO adopt the foreeoinc
Resolution. and, the question being
put to a roll call vote, the result was
rs follows: ~
supervisor Lum Cumbest voted Ave
supervisor Edward A. Khayat voted
Supervisor Names N. Bartlett voted
Aye. U
supervisor A. P. Moran voted Ave.
supervisor DIN Fl. Davis voted Ave.
The motion having received the af-
xiruiative vote Of all Of the members
OF b Board present, the President
declared the motion carried and the
Resolution adopted. this the 10th day
Of December, 1853.
STATE OF MISSISSIPPI
COUNTY OF JACKSON
], WILBUR @. DEES, Clerk Of the
Board Of Supervisors, do hereby certify
that the foregoing pages constitute q
true and correct copy Of the proceed
2ngs had By said Board at q meeting
thereof held on the 10th day Of De-
eemher. 1868. insofar as the same re-
late 70 the borrowing of $3.50, 000. 90
In anticipation of taxes.
!. do further certify that, prior to
the making Of this certificate, the
said proceedings have been spread at
length upon the permanent records
Of said Board of Supervisors, where
they o appear and remain In Book
a., at pages 23s-240 inclusive.
N WITNESS WHEREOF. I have
hereunto set my hand and affixed the
seal OF jackson County, Mississippi,