Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1873-07-18
OFFICIAL.
ORDINA Gle

o TX ID i N A N q Il
Authorizing Issuance of Certificate
of Indebtedness for Payments
Made for EfcOlsOn and stone Pave
ments; t.r
Be it ordained by the General Council of the
Section /, That the Mayor be and is hereby
authorized and required to issue TO each and
every person. or corporation, holding the re-
payments actually made upon bills or ac-
counts certified TO be correct by the City Engi-
neer. for or on account OF the paving OF the
streets and alleys Of the city with the Nicol-
son or stone pevements under the provisions
Of tho City Charter and the ordinances OF
| the city charging the cost of such pavement
upon the property in front of which the pave
ment was laid down, which provisions Of the
charter and ordinances have been held by the
Supreme Court of Tennessee to be unconstitu-
| tiOnal and void. certificate of Indebtedness,
under the seal of the city and countersigned
| by the Register, for the amount Of money &C
tually paid upon such receipts, with interest
thereon at the rate of six per centum per an
| mum from the date of the payment until the
time the said certificate may be redeemed by
the city. And upon issuing the said certifi-
cate of indebtedness, the Mayor shall take up
| the receipt on account of which the same IS
| issued, and shall cause it TO be cancelled and
| filed as a voucher in the Office of Comptroller:
Sec. 2. The Comptroller. shall provide and
keep well bound book, in which he shall
register each certificate of Indebtedness issued
under the preceding section. giving its num-
Der, date. the amount Of it, and the date and
amount of the receipt on account OF which II
is issued, and also the name of the person to
whom the certificate is issued, and a suecint
description of the property in trent of which
the paving, for which the, payment shown by
the receipt was made, was laid down, and shall
indorse on each certificate before its issuance
the word registered, and sign it officially.
Sec. 3. The certificates of indebtedness to
be issued under this ordinance shall be re-
ceived at their face value, and interest in pay,
ment of any tax that may hereafter be levied
by the city Of Memphis 70 cover the entire
| cost of the laying of the NicOlson and stone
pavements under the provisions Of the charter
and ordinances of the city, held qnconstltp :
tional and void as aforesaid, but shall not be
receivable for any other debt due or TO become
due to, or for, any other tax levied, or to be
| levied, by the city of Memphis.
Sec. 4. The certificates to be issued under
this ordinance shall be substantially in the
The city of Memphis is indebted To- :
! or order in the sum Of, TO bear interest
at the rate of six per centum per annum from ON
deemed.
This certificate is issued under the provi-
| sions of an ordinance approved the-day
of-lS73, passed in accordance with an act OF
the Legislature approved on the oath of March,
| 1873, authorizing the Mayor to issue GER
tificates of Indebtedness to persons holding
| receipts for payments made for laying OF the
/ N1cOlSOn ana SlOno NV obiOsto
and alleys of the city, and is receivable only
| in payment of any tax that may be levied by
| the city of Memphis to cover the entire cost Of
laying the said pavements under the proyi-
| sions of the charter and ordinances OF the
city, which have been held by the Supreme
Court to be unconstitutional.
Witness the signature of the Mayor and the
seal of the city this-day Of.
Attest: --, City Register.
Sec. S. This ordinance shall take effect and
| be in force from and after its passage.
Passed first reading and referred to Finance
| Committee by Board of Aldermen; passed
| first reading and referred 10 Finance and
| Ways and Means Committee by Council June
| 10, 1873.
Your Joint Finance, Ways and Means Com
mittees TO whom was referred the annexed ord
| nance, recommend the final passage OF the
hsame as now submitted.
BIZ WHITE, JR,
Chairman Aldermen Committee.
JOHN l. NORTON,
Chairman Council Committee.
Passed second reading by Council. June Z5;
and passed second reading by Board of AL
| dermen June %, 1873.
Approved June 25. 1873.
| JOHN JOHNSON, Mayor.
Attest-L. r. RICHARDS, City Register; ,oo