At the time, date, and place set for the hearing of said petition as above provided, the court or chancellor in vacation shall at said time, date, and place also take up, examine, determine, and allow all claims of indebtedness of said district, bonded or otherwise. Any claims of indebtedness against any of said drainage districts which are not filed and presented with the clerk of the court in which said proceeding is pending on or before the time and date fixed therefor by the decree of the court or chancellor in vacation and in the notice so published shall be forever barred, except the claims of holders of bonds or of certificates of indebtedness legally issued by said district, and the interest thereon.
Miss. Code § 51-33-111