MINUTE BOOK No. 17, CITY OF OXFORD

ir---y-,-ISHacK-TOM L. KETCHINGS CO., NATCHEZMINUTE BOOK No. 17, CITY OF OXFORD\And, unless at least twenty percentum of the qualified electors of the City ofOxford, Mississippi, should file a written protest with the Clerk of the Board of Aldermenof the City of Oxford, Mississippi, against the issuance of such note, notes, or certificatesof indebtedness, on or before 7:30 o'clock, P. M., on October 1, 1957, then saidCity of Oxford, Mississippi, acting b.Y and through its Mayor and the Clerk of the Boardof Aldermen would issue said notes, or certificates of indebtedness, as aforesaid.Said Resolution adopted, as aforesaid, was published in The Oxford Eagle,a newspaper having general circulation in Lat~etteCounty, MiSSissippi, and havingbeen in circulation for more than one year next next preceding the first publicationof said ~solution,once each week for four consecutive weeks, the last publicationof which was less than seven days prior to October 1, 1957, and there has been nowritten protest filed by any qualified elector or electors of the City of Oxford,Mississippi, against the issuance of such note, notes, or certificates of indebtedness.BE IT, THEREFORE, FINALLY RESOLVED BY THE MAYOR AND BOARD OF ALDERMEN OFTHE CITY or GIFORD, MISSISSIPPI, that said notes or certificates of indebtedness infavor of T. E. Avent issue as aforesaid; and that the ~or of the City of Oxford,MissiSSippi, ami the Clerk of this Board be authorized to execute said notes orcertificates of indebtedness for and on behalf of the said City of Oxford in favor ofT. E. AVent in the principal SUll of Ten Thousand and No/loo ($10,000.00) Dollars,together with interest on the diminishing principal. at the rate of three percent perannum from d ate thereof until paid; that the first principal payment in the SUll ofOne Thousand and No/loo ($1,000.00) Dollars, together with interest on the diminishingprincipal, be paid on the first day of September, 1958, and a like princi~ 1 payment,together with interest, as aforesaid, be made on the same day of each and every succeedingyear thereafter untU said principal and interest are paid.IT IS FURTHER RESOLVED that said notes or certificates of indebtedness bedated October 1, 1957.The above and foregoing Resolution having been reduced to writing by theClerk of this Board, was read and considered section by section, and then as a whole,and, upon motion made by Alderman Lovelady and seconded by Alderman Hickllan, it wasadopted section by section, and then as a whole, and the vote on the final passage thereofwas as follows:ALDERMAN JAMES ROBERTS .. YEAALDERMAN WILLIAM LOVELADY ~ YEAALDERMAN WILL HICKMAN .. YEAALDERMAN F. W. BELK, JR. - YEA.ALDERMAN HARRY SISK .. YEA