Book 14 (January 1950 - July 1954) - City of Oxford

II3751MINUTE BOOK No. 14, CITY OF OXFORDDEMENT - MERIDIAN='-"---'-------"'---'---IIIt~ ... -•.::-'.---"=.And, whereas said notes were validated by a decreeof the Chancery Court of Lafayette County, MisSissippi, iJlCause No. 9031 of said Court on December 9, 1950;And, Whereas said ordinance and said decree authorizethis GoverDing B~ to issue said notes at such time or timesand in such amount or amounts as may hereafter be directedby resolution of this Governing Body;And, Whereas Notes numbered 1-32 have in the pastbeen delivered by this Governing Body, and whereas it is nowdeemed necessary and to the best interest of this City t.issue Notes, Numbers 33-37, in the total amount of Twenty-Five Thousand Dollars ($25,000.00) at this time, and whereas theMayor and Cit,. Clerk of this City, respectively, are the properofficers and authorities of this City to execute such notes;Now, therefore, be and it is hereby resolved that thesaid Mayor and City Clerk of this City are hereby' authorizedto execute such notes, Numbers 33-37 inclusive, in the totalamotmt of Twenty-Five Thousand Dollars ($25,000.00), by signingtheir names thereto and atrixing the official seal of this City,and to deliver same to M. A. Saunders & CompalIy, Inc., ofHemphis, Tennessee, and Cady & Company, Inc., of Columbus,Mississippi, jointly, upon payment therefor at par andaccrued interest, so that the special imprOftDlentsoutlined in the aforementioned ordinance and courtproceeding may go forward.The foregoing resolution having ".. introducedin writing ws read, considered, and adopted withoutchange in form in vhich it ws introduced, by thefollowing vote:Alderman B. O. Elliott voted YeaAlderman Robert W. Hickey voted YeaAlderman B. :J. Bil~ voted YeaAlderman H. S. S~ voted YeaAlderman W. T. Chandler voted Absent