The Tiffin tribune. (Tiffin, Ohio) 1868-1887, 1872-06-27
IN ORDINANCE


IT, proUsde fo: he purchase y Isls and lands
u,ersin described, for Tie Ts,rpotes Of a Pub
lie Park, and % aHtkOrize the iss,siHg q cay
Bonds Ia payment therefor:
SIC. l. BE IL ordained by the CITY Council
Of the City Of Tiffin, that the President Ofthe
! City Council for the time being, and the City
Clerk for the time being, be and they are
hereby authorized, empowered and required
10 make and execute negotiable bonds Of the
City or Tifiin, under the seal thereof, TO the
amount fifty-five thousand and five hundred
dollars, in several sums Of not less than 500,
nor more than 5000 each, as they may deem
proper, bearing interest at the rate OF eight
per cent per annum, payable half yearly on
the first days Of July and January, in each
y ear, at the Metropolitan National Bank in
the City Of New York. The principal OF said
bonds stall be made due and payable ON or
before fifteen years after the date thereof, at
the place Aforesaid. said bonds shall have
coupons attached for the said interest, and
shall be signed. as well as said coupons by
the President Of the Council and City Clerk.
And for the payment Of said bonds and inter
est, the revenue rights and faith, and all the
hereby pledged.
SIC. .. said Bonds shall he numbered and
shall each be registered IN proper book by
the City Clerk, and shall then be deposited
with the City Treasurer.
SIC. 3. said Bonds TO the amount OF
Fifty-One thousand and five hundred dollars
tejl 500 shall, upon the order Of the PreSi-
dent OF the City Council be delivered To Will
liam II. Gibson, Samuel b. Sheath and I.u-
ther A. Hall, Trustees: Provided, that be- |
fore the delivery of said Bonds, as aforesaid |
the said Gibson, Sheath and Hall, shall com
vey or cause to be conveyed unto the City Of
Iifin, by good and sufficient deed or deeds, ]
in fee simple, free, clear and unincumbered, /
to the satisfaction OF the President OF the I
City Council and City Solicitor, al of the
certain lots and lands situate in the Second
Ward OF said City Of Tiifin, in Seneca ooun-
ty, Ohio, and known and described rs fol- 4
lows, tO-wit:
In-lot No. foHr hundred and four (lOg all /
that part OF tn-lot No. four hundred and /
three t4O3) lying north OF the Mansfield, /
COldWater and Lake Michigan Rail Road /
in-lOt No. three hundred and ninety-seven /
(:97D all OF in-lOts No. three hundred and I
ninety-eight 1888 and three hundred and |
ninety-nine ESD lying north of said Rail .
Road tn-lOtS No. three hundred and siSfy-
three 1853 and three hundred aud sixty-four
$50; all OF in-lOts No. three hundred and
siXty-One (35l, and three hundred and /
siXty-twO (362l lying north ofsaid Rail Road: |
in-lOts No. three hundred and thirty-tWol
(.S32), three hundred and fOrty.three (343l, /
three hundred and forty-fOur (34f), two hun
dred and siNty-nine (269l all OF in-lOt No, Z
two hundred and sixty-eight C26Sl lying
south Of said Rail Road in-lOt No. two hum
dred and thirty (230). All of in-l0t No, two
hundred and thiIty-one (23l) south of said
Rail Road. All that part OF in-lot No. one
hundred and fOrty-fOur g4D lying south on
said Railroad. West half of in-lOt No. one !
hundred and four (l0D All that part of in |
lot No. twenty-one (2l) lying south Of said
Kan ROAD.
In-lots No. three hundred and ninetv-fiye
$50 and three hundred and ninety-six 1861
In lots No. three hundred and twenty-nine
go, three hundred and fOrty-seYen (3f0 |
three hundred and fOrty-eight (34S) and that
part Of in-lots three hundred and thirty (33O |
lying south of said Railroad. All that part Of ]
in-lOt No. three hundred and thirty-one (33D |
three hundred and forty-aye tSi5), three |
hundred and fOrty-six $40. lying north OF |
said Railroad; and OF the Toledo, THIN & |
Eastern Railroad, as now located. The same |
to be held and used as public park.
SEC. 4. The balance and residue of said l
Bonds shall be sold and the proceeds thereof /
applied by said Treasurer to the payment Of /
the interest falling due on said BOnds, by /
this ordinance authorized on the first days |
of January and July, 1873.
], =. j. k1ntZ, City Clerk of the City Of
Tifhn, do hereby certify that the foregoing /
is true copy of an ordinance passed and /
adopted by the City Council of the City OF |
THIN, this 26th day Of June, 1872.
). j. KINTE. City Clerk.