The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-11-01
hN ORnINANCR
10 take po.,lgon of tho Nor6aTo Iberes Gas WORKS,

To take Possession OF the Nouhera Lbeteg Gas Works
Beeion |. The Select ami Common Councils Of tho city
OF n ladepha do ordaia That the Trustees OF tae Ph
depha Gas Worss are hereby authorized 70 take
sion Of the Works OF the Northern Liberties Gas Works,
accordance win ihe terms OF an Act approved Apr /,
1910. ~ H. ~ gS4 -. .,, ,.,o ,, ,,.,, A.. NJ.
tees Of Zoe PRsGspha Gas Wo Ks to take possession Of
ho Gas Works authorized blythe first section hereof the
credit he sy at rate Of lntsrs st not exceeding six
per cent per annua snh saas o. money as the Trustees
and who requiring the payment Of any money therefor
tho Trustees issue tica,eS ofthe loan OF he ~ Of
Ph led ha in 'uch amounts and sEch parties AS they
shall designate not exceeding said sum
Bald loan TO be used Or Che conversion fthe stock Of the
Rotheen Liberties Gas Woks' and the principal thereof
TO be paS age at the expiration OF hee0 from the
date ot such conversion and not before, without e
shan be in the usual form in which csrcatcs heretofore
have been isGued on the requlson Of said ses ana
Sections. That the said Trustees shah apart out Of
the profits Of said Gas Works, the sum or twelve per
this ordinance, or the pnrpose Of paving the interest
WSeS be AHS same sha paSa I 9Pa snd thereof
before the Thirty hrst day Of December and the
ssd loan u reSeemed ng Inc sum E year psI !an gn the
the amount Of said loan shall be paid by tie said Trustees
thereof to ths payment Of the inteston as the
same may iN due, and to no other purpose and the
Treasurer 10 the Commissioners of the Sinking Fund who
the said Gas Works or in any other loans OF the City Of
Philadelphia, as sinking tund, which is hereby specd-
CRuy peuBeQ repayment OF bhlu loan
plus remaining AFTER the payment Of said loan, shall be
applied by the Commissioners Of the shaking Fundtowards
tie eXtngulshment OF the other loans 10 the said Gas
Works any otherwise OF the funded debt Of the City Of
Philadelphia.
Section d. Upon taking possession OF the works pipes
conveyed under authority OF this ordinance IL shall
be the duty Of the Trustees of the 3as Works make de-
tailed repor 10 Councils Of ht property real
50 conveyed and It's assessed value and the said Trus-
tees shall have with respect to said works. pipes &C. the
same powers and authority in all respects they nov
haYe or hereafter may have with respect to the works
already lntTusted 20 their care
section o. Tor the of enabling the
the Philadelphia Gas Works carry the various trusts
con1ded them by Ordinances OF Councils and 10 n-
crease extend locate, and improve In the most econOm
e manner the pipes meters and works under their care
70 h9 10 meet the increasing wants Of the gas
ught, the SAID Trustees are hereby authorized aud
Qeu 50 70 regulate the price Of gas and the several
pioducts Of rs manufacture may from time 20 be
neeeessay the said price Of TO be the In all the
Mhtes OF ne CITY supplied by the Gas Works under the
sseton6. Anything in any other ordinance contrary
,,,., RESOLUTION,
resolved That the CLERK OF Common Council be auho-
.ee 70 publish In two daily newspapers, daily, for our
neeAs he ordinance presented TO Common Council az
aeo meeting thereof held the 2Tth day OF October
tooi entitled AN Ordinance 20 take possession OF the
Sohefn liberties Gas Works, and 10 create loan there
and The said Ge At the stated meeting Of Councils
eA Ater the expiration OF four weeks from the Id pub
eAuon thAn present to Councils Ofeach said
ss TOT every DAY In which Ae sane shall have been
"Aas' lq-Sl-4W