The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-11-17

To take OF the Norhern Liberties Gas Works.
nd n q na q iLnrnlnr.

TO take Possession OF the Northern Liberties Gas Works.
and to create a load therefor , ~
Philadelphia do ordan That the Irusses OF he hil-
depha Gas WORKS hereby authorized to tSEe posses
sion OF the Works Of tho Northern Liberties Gas Works,
after the first day Of july 1850, as eSn oe' IN
accordance with the terms Of an ACT approved Ap l.
sseton = That for the purpose Of enabling the Trus
ties Of the PnSGsipha Gas Works take possession Of
the Gas Works authorized blythe hst section AeIe1 We
credit city rate of interest not exceeding SIX
per cent Per Sn9aS s9Gh sSS nnS iSusaHd dS,
and without requiring e payment o. any money heTelor
the City hereby directed on tie Of
the Trustees certificates OF the loan OF The city Of
in .ueh amounts and to nah parties as they
Said 10 be used for the conversion Of the stock OF the
10 be payable at the expiration OF fifteen years
date such conversion and not before without tho CON
shall be IN the usual otm in which certificates heretofore
have been Issued the Tequisllon OF said trusees and
shan be transferable The office ofthe city Treasurer.
Section g. That the said Trustees sha set apart out or
the pIohts said Gas Works, the sum Of twelve per
cenium per the borrowed by virtue Of
his ordinance or the Rnrpose 81 payng the Interest
when the same shall be payable; aud on or
tSiTteth day Of June in every year, until the
, said loan is redeemed, the OF six per centum on
to tie City TTeSsaIer Who shan Apply three per cennm
he TO the payment the inter- 81 on saii Gan a, tae
naming three cenum shad be paid over by the said
the Commissioners OF the Sinking Fund, w1o
shan invest the same aud is a-omnulaons In the loans to
the ssd Gas Works, or in any other loans OF inc Cy
calls pledged 70 the repayment Of said 9an aad any SUI,
plus remaining the payment OF SAID loan, shAl DC
applied by the Commia soners Di the shaking iowfda
tie eNtnguisl ment OF lie other loans 10 the said Gas
WoIks, any, Otherwise OF the funded doht Of The Ctyo
I Philadelphia.
section Upon taking possession OF the works, pipes
conveyed under boIty of this ordinAnce, II sha
lie the auy the Trus 0f lie 3as Works to make dc
TepOr 20 Councils 0f the propery real and personal
conveyed and rs assessed gRuei and toe said rrus-
tees tha have with respect 10 said works. pipes, the
same powers ard authority In ell respects hcy
have hereafter may have, VITA JeCs the work
already inIusied 10 their caro-.
Section o. For the purpose OF enaslng the Trustees OF
the Philadelphia Gas Works ~ cauyOu the NaO4s trus
confded them by Ordinances Of Councils, 10 in
crease, extend Locate EHd improve In th, ecOnOm
the pipes meters, and W0rks und5t their
meet the increasing wants Of the citizens FOR gas
| light the said Trustees hereby authorized ant
II prcducs OF rs manufacture may from time TO lime b
necessary the said price OF gas 10 be the same in All IA
wards Of the Ciy supplied by the Gas Woiks under tn
control OF the Trustees.
8, elton .. ANY thing in any other ordinance c0ntraT
. | 20 this ordinance Is hereby repeated.
RESOLUTION,
Directing The CLERK OF Common Council TO Publish Lol
u Bill
Resolved, That the Clerk Of Common Council be autho
TZed publish IN two daily newspapers daily for on
weeks. The ordinance presented 20 Common Council IT
stated meeting thereof, held on the 2n day OF Ocious
1861 entitled "An Ordinance TO take possession Of "a
Northern Liberties Gas Works, and 10 create loan there
for and the said Clerk AZ the stated meeting Of Council
next after the expiration Of four weeks from the I'D pub
caton apresent 20 Councils one ofeach Of said news
papers for every day In which the same shall have bee
8 | made. l0-3l-iw