51-29-67 - Negotiable evidences of debt to contractor. - Mississippi Statutes

§ 51-29-67. Negotiable evidences of debt to contractor.
 

Said board of commissioners may also issue to the contractor or other persons who do the work, or any part thereof, negotiable evidences of debt of the district, bearing interest at a rate not to exceed six per cent per annum, secured in like manner as the bonds above provided for. 
 

Sources: Codes, Hemingway's 1917, § 4461; 1930, § 4480; 1942, § 4706; Laws, 1912, ch. 195; Laws, 1914, ch. 269.