The Tiffin tribune. [volume] (Tiffin, Ohio) 1848-1859, 1857-04-24

LESTER TAYLOR,
.lr President Of the Senate.
March 25, 1857. rtrn
AuprToR's OFFfcE, Seueca Countyl
Tifiu, April 23. 1857 II
| mo. 60 AN ACT
10 amend the act ertiLled can act to
amend the act eaitleI an act TO pro-
yido for the organization Of cities and
incorporated villages " passed March
IL, 1888, and supplementary to the
same t.tarr a.a73f
SECTION l.. Be It enacted by the Cen
eral Assembly of ths State Of Ohio, That
the twelfth section Of said at, passed
March II, 1858, be, aud the lame here
by is, so amended as to read as follow s.:
That the council Of any municipal corpo-
ration shall not authorize any loan or ap-
preparation not prodicated on the reve.
nuos Of the corporation for tho current
fiscal year, aud shall not authorize any
order or appropriation Of money when
there is not in tue CITY treasury money
unapprOpriated sufficient to pay such ap
preparation; aud any appropriation 9th
erwse made or authorized, shall be held
aud deemed utterly void and Of no effect
As against said corporation; Provided,
however, that for the purpose Of purchas-
ing necessary grounds aud erecting suit
able school buildings for the use Of pub.
lie schools, the council Of any such cor
poraiion may, at Che request of the board
Of education Of said corporation, make
sufficient appropriation therefor and shall
have power to borrow money upon the
credit, of such corporation, sufficient for
the aforesaid purposes, at such rates Of
interest as said couacil may deem prop,
or; and for the purpose Of effecting such
loan, the said council shall have power 10
pledge the faith Of said corporation for
tho payment Of both principal and inter
/ est, including tho power to levy tax
for the payment of the same, whenever
the same may become due, and to make
and execute such bonds or other evidence
Of debt, and payable Al such times and
/ places as shall bs agreed upon by the par
vi1s 90 vsntya0thgi which caid bonds OF
other evidences Of debt may be made
transferable and redeemabls in srch form
, and at such times aud places as may
+ therein be designated; and the neoessa
, ry grounds shall be procured. and tn,
said school buildings hereby authorized
shall be constructed under the direction
Of and in accordance with. plan OF
plans furnished by tho board Of educa
} tion of said corporation: and provided
further, that the city council Of any city
J \ OF the first class having a population o
not less than one hundred thousand, shal
have power to borrow any sum Of money
not exceeding five hundred thousand dol.
lars, at such rate Of interest not exceed.
, ing six per cont. per annum. at such
dates and upon such length Of time az
tho city council Of any such city may
T deem proper, for the purpose Of purohas
5 log hud or ther property within the cor
2 poraiiou limits OF Euoh city, said huds o.
I. property TO be converted to tho use of th,
I city for public wharves or market places
and any city council OF any such CITY g,
0 borrowing any monsy for such purpos,
}, or purposes, shall be authorized 70 ssu
5 the bonds Of sid city, payable at sucl
: lime aud place, for all money so borrow
y ed as said city council may determine
: said city council shall have power I,
i pledge tho faith Of the city Cor tho re
S demption Of said bonds, aud shall ais,
s have power 70 provide for the payment
+. the interest on such bonds; provided tha
nothing in this act shall ba SO construee
n as to vest in any such city council an,
b power to issue the bords aforesaid f5
q SAID loan Of i've hundred thousand dol
= lars, or ans part thereof, for the pur
IT chase Of public wharves or market spa
ees, unless tho following requirement.
have been complied with, to.wit: Thai
|, Whenever il shall become necessary for
y any such eiiylto purchase any such pub
!. lic wharyes oi mprket spaces il shah b,
J. the duy Of -the mayor OF said city I,
q dominate threo ciiizsns. subject TO th,
n confimN,i0n OF the CITY council. AS
is board of commissioners for the purchas,
ID OF 50 much land for such Of the purposes
h aforesaid, as said city council may desig
If natei and upon the confirmation by M,
i city ooepo'l OF The nomination OF sait
b commissioners Il shall be their duty t.
Is negotiate fer she purchase of such land,
;, Tor the purposes aforesaid rs the CITY
q council may direct, aud they shall repof
e ~ tho oitJ council all proportions lhay
my have received. in writing, for th,
n sale OF any such land for she purpose,
y Aforesaid; After having received said re
Il por. or reports from said commissioners
J. said city council may e0pspRlmate the p0r
b chase eondltionally, as follows. 20 Wit
Q That said council shall advertise in Il
b least two English aud one German dail,
newspaper Of said oity Tor the space ol
4 thirty days. hleir intention 10 eonsum
Z mate said purohaso, The extent, location
and purpose Of the purchase, and tn,
|, price TO be paid for The sames and Il
J. shall bo The privilege Of any tax paying
. citizen Of such city, who shall have evi
\ denoe that such city is about to bt
i wronged by any such purchase. either BY
! the payment Of more than The oash vain,
~ Of sad land a. - fs,,,I ~. ~. ~ 49,