Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-08-13

An ord,nnnce in relation TO the bonded In
debteduess OF the city OF Davenport.
Waeress, the General Asse moiy 81 sne c o."',
Of lows passed an scs which wsa approved Ap.n
"a isss. peipe chapter q Of the. laws Of NE
is,h Genersl Assembly. entitled "Aa Get TO en-
.hlo = unieinal and Publle Oorporetions, stnsiI
election TO settle. sdjsss and eomposnd their
Indebtedness" &c and Go
.omnromise shsll b. msde Hereunder until the
Civ Council submit the question, Wnssner Wy
noxera eivcn bv the act shall be exercised oy
The citv. TO the voters Of said city ss some gen
sral or special election" and
Whereas, stso, the said act gives tne SHY ~
:, N mass IN ordinances and resolutions neccs.
ssrv 10 carry into effect the powers conferred
by the said act Therefore,, ~ "a.
Ee Il enacted ty the CITY Council 81 Ms e'sv
section 1. That 90 provided bv section one
IN and ten lle) OF the AFORESAID sct Q! .ne usa
v;v.n Nv the said act Of the General Assembly
sh.li he exercised by the City ofs Davenport.
sh.,l ne admitted 70 the legal voters Of the sed
CITY a. hereinafter provided. The form Of tne
question TO be thus eubmitted, shaii Do % io''
lows; ..,. "a. a.h,.
under and by virtue Of the provisions OF an ac'
~ ~. Geucral Assembly, entitled IAN Act 70
enable Municipal and Public Corporssions 2!
their election, 10 settle, adjust and eompouno
their Indebtedness, and TO provide for the issue
| of new bopds a. d for the payment OF such new
honda by the levy Of specific taxes. aud for TINS
nurnosc a, sring and amending existing charters
and laws. Approved April 1885,
The snswer on the ballot containing the ques-
ton shall be Yes" or mo" II the MAJORITY
Of Votes cast ere Yes then The City Voane.'
Of The Civ Of Davenport may if il nnds that sat
;.fsc,ory terms can be had, exercise the powers
eiyep bs the set in the manner therein Preserio.
"a and not otherwise, bat no creditor OF the CITY
can in any event, even II . majority vote co
conf mel the city 70 exercise those powers agsins'
its will or against what deems 70 % ior sus
hest interest OF the city.
Section 2. The vote on the question thus q
b. suhnitted shsll be taken at Especial election
10 be holden in the city Of Davenport. on SeIur'
dav. the lssh dsy OF September, A. ID. .s6s.
IN the said DAY there shall BE- poll opened
In each ward IN tue Guy = sna - s,.c
tion shsll Be conducted - provided BY chapter
thirteen l3) OF the ordinances Of the city o.
The CITY Council shall appoint judgss enc
CLERKS for said election, who shall qualify Is 70
and make returns TO the City Council - requir
"A ~ the charter and ordinances Of the said city
a. Il caae Of ordinary municipal elections.
All persons auth orized to vote ct ordinary city
slecti6ns ers authorised - vUeethe said election
hsgein provided tor.
0setion .. A notice q ne euemissisn OF seis
question shall be pubaishsd IN the Davenpor
Eeesffe. Davenport DssocnAs, Dp Democrat
10 WesGsrn SotiisrS ftiesd, and 1tss Radscsl
! or 4 majority Of said papers, for the space Q
four q, weeks 30 be at lesst four insertions il
.. said pspers, or majority Of them prior to ih
day Of election.
| electors of the city that vote will Be take
, lspecifyiag the tms) % the queotien whsthe
ne CITY Of Davenport will settle ito debts unds
nd by virtue Of an aet to enable municipal IN
public corporations, at their election, to settle
adjust and compound their Indebtedness. &c
/. | approved April ID. 1905, ana snaii % signeo
the City Clerk.
Sec. i. The result Of the election, after bein
cany assed. shai be entered upon the records Q
| the city.
, Hection s. In cass ma ority Of the votes cas-
at said election shall be Yes oil OF the re
strictious and limitations on the poNef OF tn
commissioners N said act contained shall b
| observed bv them in making the Seftlemtn
herein contemplated,
, Each Of said Commissioner before enterin
upon the discharge OF his duties, shall take an
subscribe an oath in writing which shall
preserved Nv TIE City Clerk as follows:
Il I. - =, having been appointed Con
missioner for city Of Davenport, under Chapte
q Of the Laws OF the Twelfth General Assem-
DIV, do soemnly swear that will discharge III
dutiessof such Commissioner to the best of N
L
said aot and OF this ordinance 10 the dlscharQ
Of ssid duties that am not the owner. direc
" or indirectly. Of any bonds against the cit.
nor will become the owner or interested |
any such bonds during the time ] shall act
euch Comm ssioner; and that in all thing
touching my sid appointment will act vi,
On eye SINGLE TO the good Of the city.
Eoch Of said Commissioners appointed BY II
CITY Council shalt receive in full compensate
of all services rendered except actual expeni
es and outlaws not to exceed the sum Of or
hundred dollars per anaum. or At that rate il !
shall serve less or more than yesr.
Section G. Tie commissioners to execute II
powers given BIZ the SAID chapter 81 oftke Law
, Of the Twelfth General Assembly shall be n
pointed by the City Council in case said questit
is decided aliirmatively. and the Mayor Of Il
0 | city shall be el-oflicio a member OF the sa
y Board OF Comm ssioners.
In case the contingency happens in whit
said Comm ssioners are TO act they shall pr
vide book and keep theaein . record OF oil
their acts and doings shall keep and preser
u all letters addressed to them or either OF ther
and shall retain copies Of letters written to the
or either of them in relation to the city debt, .
Of which shall be subject TO inspection by ord
- of the Council and their said record at all tim
| ope n to public inspection.
II And it is hereby declared that no act Of Il
: Board OF Commis sioners in settling or compr
= missing anv debt shall bind the city until su,
act is reporte to the City Council and approve
by il.
The City Council shall likewise keep . recol
Of its acts and doings on the premises, Whit
shall also, at all times be open to public inspe
: ton, and shall be published with the other &C
, and doings the City Council.
= Passed and approved August 9Th. 1858.
NJ. DoxAHuE, Mayor.
Attest. Jogy Ius,s CITY Clerk