The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1857-05-01

OrAAnn nce No. IO2.

1Gc No. HVSs
An Ordinances prdgadins for the Issuing. Of Bond
= the K.okak, n. Dies Moincs and Ainnssot /.
Railroad Company.
WHEREAS, In sscordanee with On sct Of the
1eneYal Asssmhtg OF the State OF lows, entitled
"An Act TO sntA6fiae the City IT keokuk - levy
difNsA TAI Of not to exceed one hundred aud
atty thousand dollars, for the b,nsht u the Kso-
kuk. II. Des Noises and Minnesota nAilroad
Company. approved January 9Th, 1851, tho May
or Of satd city did ordersn election BY the legal
voters of sid city, subuRitting the following pro-
pcsition, to-wit "Wiil he city OF ksekuk levy
dollars for the bono uf the ksokuk, Fort Dies
Moines AMI MivnesotA Railroad Company psin-
cipal and interest on the same sum st the rate Of
not to exceed ten per cent per apnu0, " ~ col
Tested one-third tand interest On Whole sun or
derod in one year, third land interest On two
thirds in two years, and ne-third land interest
on sane in three years from date VI Issue VI the
Bonds, to be issued IN pursuance with the pro-
| visions OF said act" md whereas raid proposi-
ton was voted upsn, on the Esd day Of April, 1857
most unanimous vote, there being only fourteen
votes against 1t, theI efore,
Be it orisned by the City Council Of the City Of
Keok uk, SECTION |. That the Mayor Of tho city II
hereby aut horixed and directed 10 issue to the keo
kuk Fort Dies Moinct and Minnesota Railroad com
pany, one hundred and nfty bonds Of the city Of
keokuk, of one thousand dollars each, dated May
1857, and drawing ten per cent interest per an
uui, with interest iupons attached, from GATE
ayable annually, at the Office Of Duncan, sher
man Go In the city Of New York, and the prin
cipal pay at he same place hfty Of them pay
able in onc year from date, ffty Of them payable
In two years from date, and ffty In three yeAri
from date
sKc. Z, Aud be 1t further ordained that specia
direct tax be and the 10 hereby levied upon nj
the taxable property in the city Of keokuk OF six
ty Ave Thousand dollars for the year 1887, and six
~ thousand dollars or the year 1853, and Of ffy
Ave thou.snd dollars for the year 1882 the said
to be collected in the same that ether tAxs
are collected, except that the City Council may
tend the time Of collection that eAd tar leviet
for the year 1887 shall be all collected 1Kains
the fret day Of April 1883, and tho tax levied fo
the year 1858 against the first day Of April, 1889
and the tax Levied for the year 1859 against tn,
drst day If April 1860 and that the tax so leyics
and collected shall b. set apart separate from oth
or taxes, and sacedly held aud applied by the Cit
Treasurer for the pay ment Of said bonds and inter
est coupons ~ they become due.
Sac. 8. That the collector of said tax shall Civ,
each tax payer his agent or neutrality-suspicious.
on receipt Of the tax, receipt Tor the amount IN,
certifying that 1t viii be p,id by the keokuk. IT
when presented in sums Of even hundreds of dol
| lars viii bn paid in certificates VI said Compan
| Mt par aud that said serip when presented in sum
Of eyen hundreds of dollars will b. redeemed In tn
same manner by the issue Of Certificates VI stoc
| of said Company atpar.
Passed April IS, 1851.
(Arrssr HAWKINS TAYLOR,
4 Is :. MERRIAM, Clerk. Mayor.