Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1869-02-04
The PranaaesI Lonn RIlI.

The proposed bill to authorize an increase Of
the city debt to 81 ,OO0000 is as follows. A glance
at il will satisfy any one that the "people's bur-
dens' cannot be increased under its provisions
without the peoples consent. It is as follows -
A further Supplement 10 the Act entitled 1" An
Act To limit the City debt Of Wilmington, and to
provide for the discharge thereof
Be it enacted by the Senate and House ci Rep
rcsentativcs OF tue State of Delaware, In General
Assembly met, (two-,hirds Oi each branch thereof
concurring) IN compliance with request of City
Council Of Wilmington presented by u commit
tee thercef:-
Section /. The iundrd deb, Of the City Of
Wilmington shall not exceed une million ut dol
lars; and when TIE funded debt ui the said Ciiy
shall amnunt to such SUN 'thr Mayor and Cnun-
ell of Wilmington" ur the City Council Of Will
mington, shall have u" power or authority To
Lorrow money or M,rict ar create any iebt or
liability. or 10 MAXI ar pass any ordnance for
borrowing money nr cjniracting or creating debt
or liability. except nIdinty dtbts and liabilities
M the common rDnrst o. cirryir% on the work
and business OF ihr sud- rity. I he pald uui ',i
the taxes, reals nt criiir ui IN, Ntni iir lhc
time then cnir,n: an it the said debts anA Il t.
hiliries slill no. liz paid. tnt same shall bind
The mcmbers ot Council tiF ihs ,iGir then b,iag.
personally, other lliaM Il 50 shown by the Jdnr-
ial nf tie Cnun II ~ have 'wen absent. or to
have yG,ul in tn t..ii,''. when the oidinnrcc
| order or prpcp' ,.i' : iH'l "tic' ihr debt or
liability arose, NA' a->'d ~ ln'. ~ ,Ai"- iaen
| Ontly aud sever ly rcslunnibie.
Section >, The rSsiing funded debt 81 tie
| CITY shall constitute y mi ~ q h" said sun Of
| one million Of dp'iits. md the law nlliuilllns
the increasing thrtrul, -ccutug AID providing
| for the lanidailpi and ultimate rrtlcm;itinn
thereof shnll not III any wiz be imp 'ifed bv this
act, hut shall still hc operative and snsisi cxcent
| wherein tnry sha.. he absolutely Inconsistent
herewith and 50 ti,r 'niN aud no further they
| shall be suspended hereby.
| Section g. For the redemption 81 mHci, %.
| the fund, debt oi the City ~ shall be h,r iiirr
| contracted under iiis Act. lei" shall be SILK
| ing Fund ot ohc COLLAR fer Every two hundred
dollars oil the debt 20 created and from time 'o
| tin,r existing np.hhd every year 10 the Ied,mi
tinn thereof, uulil the w,,nic deb, ol The Chy
stall he paid. Tu constitute aid Sinking Fnmd
the City Treasurer sslall 81 apart and approrfi nc
TO the purpose the -ulp ahoye designated every
wear after the contracting Ol Any debt under ihii
act, till the whole Of such dch be paid, from
money that shall come I" his hands From tht
water and other rents tOf the wear, and ~ the,
shall come in, until the sinking Fund IN this be
half shall be fully made W. aud n default o
such then from any eiier iunGs of the Guy IL
the Treasury uinpped and the sfnc rules ii
regard to the Investment, management. genera
control aud disposal III aid fund which exist ant
arc applicable in regard tu tli Siuking Fund IN
der the law tn which lhs Is further supplement
shall exist and b. applied tu the siuhiug Fan'
hereby established oi p'uvilcl ht:
Provided that IN ldd In the tuuded debt of th
city under this act ht ctdinnnre providing there
for, shal br passed by twn-tbifds "I ali the, ,ui
bprs Of the CITY tr,ntc!i, a. nnless IL shall hay
lad 1T least two readings at previous State
meeting or meetings tvs week. intervening. an
il addition shall qli"p th' approval ot a mai y
ity ot The qualified vier> h .ying rish 10 vat
al any City Eiecti u. VIM -h,il nttci ~ Il wi
hy ballot at public riiy ,rii - o. iH =, He'd !.
the authority Of lh, &! y Cun,c!l. ior that pn'
nose and which >hnil Ia, hrid ~ tlr' usual l,ltr
Of holding the citv .l-ttiu- Hnd ~ ne officer
elected t. conduct ciiS 4 / ciins. the same las
/ governing the city rlcciiis shail govern IN ibi'
aud that two weeks nnii'r shall he given in Il
the newspapers published n this city.
And provided further that the Bonds IL VI
original act to which this Ia supplement rlatin
' to the destruction or injury tbrnugh calamity {
0 casually OF The City Hall nr the Water WJrks,
fnut impairal by alyllins in This Aes.