Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1873-07-11
OFFICIAL.
OR DIN A N @ E

o X ID Il N A N q H
AuthorixfnE Issuance OF Cartfncnte
OF Indebtedness for Payments
MADE for ntceiAon and stone Pave
Be II ordained by the General Council Of the
Section j. That the Mayor be and Is hereby
authorized and required TO Issue TO each and
every person. or corporation, holding tho re-
ceipts Of the CONTRACTORS, or OF the city, Tor
payments actually made upon bills or ac-
counts certified 20 be correct by tho City Engi-
neer. for OF on account OF the paving Of the
streets and alleys Of the city with the Niool-
son Or stone Under the PEOysio1ss
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. a certificate Of Indebtedness,
under the seal of the city and countersigned
by the Register, for the amount OF money ac-
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 certih-
cate Of indebtedness. the Mayor shall take up
issued, and shall cause il 70 be cancelled and
filed as q voucher in the Office of Comptroller.
Sec. 2. The Comptroller shall provide and
keep well bound book in ghiSh ne shsl
under the preceding section. giving its mum;
Der, date. the amount of it, and the date and
amount Of the receipt on account OF which 1t
Is issued, and also the name OF the person to
whom the certificate is issued, and succint
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 is issuance .
Sec. 8 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
cost of the laying of the .Nicolson and stone
pavements under the provisions Of the charter
aud ordinances Of the city. held uneonstitu-
tional and void as aforesaid. put snail not %
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.
See. a, 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
day of---until this certificate is re-
deemed.
This certificate is Issued under the provi-
sions of an ordinance approved the--day
of-l873 passed in accordance with an act Of
the Legislature approved on the 24th OF March,
tifcates of indebtedness to persons holding
receipts for payments made for laying Of the
Nicolson and stone pavements in the, streets
and alleys of the city. and is receivable only
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 D,
IL lire CHI oil fob a III al