MINUTE BOOK No. 17, CITY OF OXFORD

MINUTE BOOK No. 17, CITY OF OXFORD215~-----------------S"INK-TOM L. KETCHINGS co .. NATCHEZL--:------------------------------------------------------------\"Thousand and No/IOO (~8,OOO.OO) Dollars, as set forth in said ,1esolutionof smd 30ard of Trustees, for the purpose of purchasing the land describedin said ,~solutionof the Board of Trustees of the Oxford Separate SchoolDistrict, and to issue negotiable notes or certificates of indebtedness ofsaid Oxford ~eparateSchool District as evidence of said indebtedness,together with interest not to exceed four percent per annum on the diminishingprincipal of said indebtedness.(2) That if the final actiw of this -Soard is that said money shallbe borrmJed for said plirpose, then the City of Oxford shall annually levy aspecial tax on all of the taxable property of the Oxford Separate SchoolDistrict in an amount vmich shall be sufficient to pay the principal of andinterest upon such negotiable notes or certificates of indebtedness as thesame shall respectively [[,ature and accrue, "lvhich shall be levied and collectedat the same time and in the same manner as other taxos are collected, and ~!Jhichshall be in addition to all other taxes auti:orized by la1v, and that there shallbe set up a special account, in which speci21 aCC(JLlr:t s:1