New national era. [volume] (Washington, D.C.) 1870-1874, 1871-11-09

in said District approved August 10, 1871,
will be submitted in the mode provided by said
act to the people of said District for their APP
prevail or disapproval, in connection with the
question of issuing four millions of bonds for
special improvements aud repairs.as mentioned
In said act. Said election will be the first gen
eral election after the passage of said act. Said
act Is hereto subjoined and publication thereof
is made herewith.
H. D. COOKE,
Governor of the District of Columbus.
EDWIN l.. STANTON,
Secretary of the District of Columbia.
An ACT authorizing the District of Columbia to
create debt for special improvements and re-
pairs In said District by the issuing of four
million of bonds, and levying a tax for the
payment of the interest as it shall annually
accrue thereon, and submitting the act with
the question of the issuing of the four million
of improvement bonds to q vote of the PEG.
pie at a general election in said District.
Be it enacted by the Legislative assembly of
the District of Columbia, That in order that
special improvements and repairs of the streets,
avenues, alleys, and roads of the District of Co.
lumbia may be commenced and completed, and
sewers and bridges be constructed therein, and
other necessary public works be executed, the
Governor of said District is authorized and EN-.
powered, for and in behalf of said District, to
issue, or cause to be issued, as hereinafter di-
rected, registered coupon bonds to the
amount of four million dollars, in denomina
tions Of fifty, one hundred, five hundred, and
one thousand dollars, to be payable within
twenty years from the date of their issue, and
to bear interest at the rate of seven per centum
annually.
SEC. 2. And be at further enacted, That spe-
cial tax is hereby levied on the taxable property
of the District OF Columbia, for the period of
twenty years, to an amount sufficient to pay the
interest which may accrue on the said bonds
during said period, which tax shall be collected
in sums of two hundred aud eighty thousand
dollars during each of said years, agreeably to
the provisions of the act of the Congress Of the
United States, entitled I" An act to provide for
a government for the District of Colu mbi4,
approved February twenty one, eighteen hun
dred and seventy one, and in the same manner
that the general taxes of said Dis riot shall be
collected, and be applied and used exclusively
for the payment of the interest annually scoru-
ing on said bonds.
SEC. 8. And be it further enacted, That the
Governor shall, In connection with the Secretary
and the Comptroller, prepare said bonds for
issue and sale. On their face they shall be des-
ignated special improvement bonds" and shall
be signed by the Governor, countt rsgned by the
Secretary and Comptl oler, aud have affixed to
them the seal of the District.
SEC 4. and be it further enacted, That the
bonds which may be prepared for issue and sale
as aforesaid, until required for said purposes,
shall be deposited with the Comptroller OF said
District, and he shall not permit any one or
more OF them to 60 out OF his possession, except
for the purposes of this act aud he shall give
such security for their safe keeping as may be
required by the Governor and he shall keep
a register or account of all bonds which may be
prepared and issued under this act, and make \
full report, fro time to time, to the Legislative
Assembly of the amount of sales, as well as of
the amount Of interest that may have accrued or
to be paid on said bonds.
SEC 5. And be it further enacted, That two
millions and one halt of said bonds may be pre-.
pared for issue during the year one thousand
eight hundred and seyenty-two, and until the
expiration of the first fiscal quarter after the
adjournment of the next regular session of the
Legislative Assembly, and one million and hal!
during the year one thousand eight hundred and
seventy three, and be sold by the Governor
within said periods to the extent to which the
issue thereof is authorized as aforesaid and upon
such issue and sale said bonds shall become and
constitute debt against said District
SEC. 9. And be ii further enacted, That upon
the sale of any or all of said bonds the proceeds
thereof shall be deposited in the treasury of the
District, and shall be drawn out upon rants
of the Board of Public Works, and shall be dis
bursed by said Board for the payment of the cost
of special improvements and repairs in said Dis
trict including the necessary incidental expenses
thereof, and for no other purp, ses but no pay.
menis shall be made under any contract for i'm.
or for any work done in relation
thereto, unless the work dsne shall be ten per
centum in excess Of such payments, except in
the case of the final execution Of any contract
or completion of any work and settlement there.
for
SEC. I. And be it further enacted, That the
improvements which may be made by virtue of
this act shall be commenced aud carried on &C.
cording to the provisions Of the aforesaid act of
Congress OF the twenty first day of February,
eighteen hundred and seventy one, and excu-
svely for the promotion of the public interests
SEC. 8. And be IL further enacted, That if
any officer or employee of the said District shall
use, or consent to the use, of any of the money
authorized to be raised by this act, contrary to
its provisions, he shall, on conviction thereof
in the Criminal Court of the District Of Colum-
bia, be punished by Imprisonment in the Jail of
this District for term of not less than three
nor more than twelve months, and by fine of
not less than five hundred dollars nor more than |
one thousand dollars.
SEC. 9. And be ii further enacted, That this |
act shall be submitted to the people or electors
Of said District at the first general election |
which may be held after its passage, together
with the questions of the issuing of the four |
millions of bonds aforesaid, in the mode here. |
matter provided, namely:
FIRST; Upon the approval Of the act it shall |
be published In such papers as the Governor |
may direct, not less than three, and the publ. |
,alion thereof be continued for three months |
prior to said election
Second. The ballots used at said election |
shall be printed, and those in favor of said act.
and of the issuing of said bonds, or of the con.
raction OF said debt, shall be in the words fol |
owing, to wit;
For SPECIAL IMPROVEMENTS.
For the act of the District of Columbia emit |
led . An act authorizing the District of Colum-
,ia to create debt for special improvements
md repairs in said District. by the issuing of
our millions Of bonds, aud lsvying . tax for the
,syment OF the interest, az it shall annually &C.
rue thereon, and submitting the act, with the
question Of the ISSUING Of the four millions of /
bonds TO q yots Of tho nsonla "A