MINUTE BOOK No. 17, CITY OF OXFORD

-I~.------~---~----------~./~~~ ~~~~~~~~---=----------------~---------------------------------------------------------------------------~MINUTE BOOK No. 17, CITY OF OXFORD143~, ~~-------------------------------------------------------------~ ( !11234K-TOM L. KETCHINGS co .. NATCHEZ!----of prior payment in the amounts and at the times following and shall bear interest at the rateof the per cent per annum set opposite the respective bond numbers, to-wit:BOND NUMBERS INTEREST RA'I'E AMOUNT YLATURFrYPER ANNUM1 to 14, IncI. 3% $14,000 Harch 1, 195815 to 28, IncI. 3% $14,000 March 1, 195929 to 42, IncL· 3% $14,000 March 1, 196043 to 56, Incl. 3% $14,000 March 1, 196157 to 70, IncI. 3% $14,000 March 1, 196271 to 84, IncI. 3t% ~~14,000 March 1, 196385 to 98, IncI. 3-% $14,000 Harch 1, 196499 to 112, IncI. 3*% $14,000 March 1, 1965113 to 126, Incl. 3±% $14,000 March 1, 1966127 to lLo, Incl. 3t% $14,000 Harch 1, 1967SECTION 2.That the said bonds shdl be executed by the signature of the Hayor of theHayor of the City of Oxford, Mississippi, countersigned by the City Clerk of said City, underthe corporate seal of said City.'rhe interest coupons to be attached to each of said bondsshall be executed by the facsimile signatures of said officers and shall be for the followingamounts for the bonds numbered 1 to 70, Inchsive: .$15.00 and for bonds numbered 71 to 140,incllJsive: $16.25, and the said bonds and the interest coupons attached thereto shall be insubstantially the following forms, to-~Qt:----'%Special Street Improvement BondNo. $1,000.00Know all men by these presents that the City of Oxford, in the County of Lafayette,State of Mississippi, acknowledges itself indebted and, for value received, hereby promisesto pay to bearer the sum ofO~lliTHOUSAND DOLLARS($1,000.00) on the 1st day of Harch, 19 __ , with interest thereon from the date hereof at therate of-----------------------per centum______ %) per annum, payable Septerr:ber 1, 1957,and semi-annually thereafter on September 1 and Harch 1 in each year until this bond shall havebeen fully paid.Interest accruing on this bond on and prior to the maturity date hereof shallbe payable upon presentation and surrender of the interest coupons hereto attached as theyseverally become due, and no interest shall accrue on this bond after the maturity date hereofunlesb this bond be duly presented for payment and be not paid, in which event interest shallcontinue hereon at the rate hereinabove specified until this bond be paid.Both principal of and interest on this bond are payable in lawful money of the United Statesof America at the National Bank of Commerce, in the City of MemphiS, State of Tennessee; and forthe prompt payment of tnis bond and the interest thereon, according to the terms hereof, thespecial assessments hereinafter to be made and the full faith, credit and resources of the Cityof Oxford, Mississippi are hereby irrevocablY pledge~