National Republican. (Washington City (D.C.)) 1872-1888, 1873-07-18
toYrIcLAL.1


ACTS AND RESOLUTIONS
Passed mt the First Session OF the Thir
Legislative Assembly OF tho District q
Columbia.
An ACT making an appropriation for pawn
the debts OF the schools In the county q
washington, and to Issue bonds for th
payment OF the same.
Be u enacted By he Legislative Asa,nbiv o
ne District Of Columbia, That the sum 0
twenty-five thousand and six hundred dol
lara, or so much thereof as may be necessary
DC, and the same Is hereby, appropriated GU
OF the funds herein provided 10 pay the schoo
debt OF the county Of Washington, eristinI
eighteen hundred and seventy three.
. Sec. y. And be u further enacted That IN,
Governor OF the District be, and he Il hereby
authorized and empowered, In behalf of III,
county OF Washington, to Issue or cause :,
be Issued registered or coupon bonds desIg
mated on their face, School Bonds Of Ii,
twenty two Thousand SIX hundred dollars, II
suitable denominations, payable as follows
One fourth, or i've thousand six hundred ant
hfty dollars, Of said bonds to be payable july
first, eighteen hundred and seventy -four, and
to bear interest at the rate Of seven pei
centum per annum from the date OF thelI
dred and nfty dollars, OF said honda, TO bs
payable July first, eighteen hundred and
seventy-fvc, and bear interest Of the rate Of
seven per centum per annum from the date
of their Issue. One fourth, or Ave thousand
six hundred and fifty dollars, Of said bonds,
to be payable July frst eighteen hundred
ana seyenty-six, and to bear Interest at the
rate OF seven per centum from the date OF
their Issue; and one fourth, or ave thousand
six hundred and fifty dollars, Of said bonds,
TO be payable July first, eighteen hundred
and scventy-sevcn, which interest on all of
said bonds shall DO payable on the first day
OF January and July In each and every year
during which each class OF bonds named In
this section shall run, for the payment OF
which interest, and for the redemption Of
said bonds In the manner provided for In the
fourth section of this act the faith Of the
government Of the District OF Columbia, In
behalf Of the county of Washington, Is hereby
solsmnly pledged.
bonds Issued In pursuance Of tho foregoing
section shall be signed by the Governor, or
acting Governor, and countersigned by the
comptroller Of the District; and when pre-
pared for Issue the said bonds shall DO sold
by the Governor or acting Governor, who
shall deposit the proceeds thereof In the
treasury OF the District.
Bee. 4. And be II further enacted That
there shall be levied annually by the Legisla-
tive Assembly, for the fiscal year ending June
thirtieth, eighteen hundred and seventy four;
June thirtieth, eighteen hundred and seventy
i've; June thirtieth, eighteen hundred and
seyenty-six; June thirtieth, eighteen hundred
and seyenty,seven, respectively, tax on all
Washington, not exceeding u rate Of twelve
cents on each one hundred dollars Of asscssable
property In said county, sufficient to pay tho
.uterest on said honda, aud TO create sink
Ing fund sufficient to retire each class Of said
bonds at maturity; said tax TO be collected
by the collector Of the district at the same
time, and In the :ame manner, as tho general
and that a sufficient sum shall DO set apart
out Of the tax levy made, and to be made, for
school purposes In said county for the pay
ment OF the interest and for the redemption
Of the bonds herein authorized.
Sec. B. And be u further enacted Tint tho
collector Of the District Of Columbia shall pay
over TO the commissioners Of the sinking fund,
upon the requisition Of said conmlssloners,
being first certified by the auditor and comp
troller Of said District, as Is now provided for
by the law Of said District, all the moneys
collected by virtue Of this set, which requisi-
tion II shall be the duty Of said commission
ers to make, with which moneys the said
the coupons or interest on said bosds, and
the residue collected by said commissioners
as aforesaid shall be applied to the redemp-
tisn Of said bonds by said commissioners.
Approved June 90 1873.
AN ACT making an appropriation and pro-
viding for the construction and completion
OF market-house In the District Of Co
i iS%Sia, and providing for the payment
Be Il enacted By 6.e Legislaiioe Assembly Of
fhe DfGrict Of Columbia, That the sum Of one
hundred thousand dollars be, and Ia hereby,
appropriated until the expiration Of the first
fiscal quarter after the adjournment Of the
next regular session Of the Legislative As
sembly, for the construction and completion
OF the Seventh-street front Of the Market
house, authorized by acts Of the Legislative
Assembly OF the District of Columbia, enti-
tied IAN act providing for the purchase Of
certain market sitos and the erection thereon
Of certain markets, approved August twenty.
third, eighteen hundred and seventy lone, and
IAN set In relation to land and market-houses
in the northern and eastern sections Of the
city Of Washington, in the District Of Column
bla, approved June nineteenth, elgLte0n
hundred and seventy-two, to be located on
square four hundred and forty-sir, In the
northern section Of the city Of Washington,
agreeably to the plan prepared BY Thomas
mission created by said act, the Governor Of
said District Ia hereby directed and author
lied 70 Issue additional market-house bonds,
rs is provided for In said act, to the amount
of one hundred thousand dollars.
Sec. 2. And De Il further enacted, That the
commission aforesaid shall offer for sale the
stalls or stands In the market-houses to ke
erected ON said square Qour hundred and
forty-six) at public auction for term or
terms Of years, to be designated by the said
commission, to the highest bidder or bidders,
which shall be not less than q minimum price
fixed by the said commission, which price
shall be publicly stated at time of sale, sub
ject 10 an annual rent, which, together with
the other revenues, after paying. the expen-
ses Of maintenance of said Market shall be
sufficient to pay the interest and provide q
sinking fund for the redemption Of tho bonds
Issued on account Of the said Northern mar
ket building and site, TO be fixed by the com
mission aforesaid, and announced 1t tho time
OF the auction; and public notice Of the sale
In the city Of Washington for two weeks pre-
yious to the time Of sale, as well as by hand |
bills, TO be posted up In said market for ten |
days, and the sale Of each stand or stall shall |
be made to the highest responsible bidder. |
The proceeds or revenues arising from such |
sale or sales Of stalls or stands shall BIO de- |
posted by said commissioner In the District |
treasury 70 the credit of the commissioners |
OF the sinking fund, and shall be drawn by
them on rcquisitlon by the Governor as all
other moneys are drawn, and who shall, with
the least possible delay, use and apply the
same In the redemption OF bonds authorized
TO be issued by this act and for no other pur-
pose: Prorided, That any contractor or con-
tractors for the construction Of said market
houses may take said bonds, or any part
thereof, as the payments due them mature, In
satisfaction thereof, At discount not exceed
Ing three per centum Of the par value thereof.
Bee. 8. And be IL further endoted, That all
acts or parts Of acts Inconsistent with the
provisions Of this act be, and the same are
hereby, repealed.
Sec. 4. And be Il further enacted, That In
view Of the emergency thereof, arising out OF
the importance OF an early completion Of said
markethouse building, this act shall take
effect Immediately. q
Approved June %, 1873.
AN ACT making an appropriation for the nu-
merical book for the year ending June.fhir-
tieth, eighteen hundred and seyenty-three.
Be IL enacted by he Legislative Assembly of
the District Of Columbia, That there be, and
and Is hereby, appropriated, payable out Of
the general fund, the sum Of four thousand
dollars, to pay for the services rendered In
making the numerical book for the year end
ing June thirtieth, eighteen hundred and sew
enty-three. .a.....
Approved June %, 1873.
AN ACT making an appropriation for the lease
OF grounds corner Of II and Third streets
northeast and the erection of . market
Re n so1nyad IA, IN. .J,,,,,. n