National Republican. (Washington City (D.C.)) 1872-1888, 1873-05-09

ment Of the assessments fer special improve.
ments within the District MADE ~ the Board OF
Public Work., the said board are hereby authot-
~ outs,sndISs osilssilons) certificates q n.
debtsdness for work done under the direction OF
the board, and charEeable 70 the private prop.
Or my multiple Of nat sum, dated Nay !, pays.
bic 70 bearer with interest semi-annually from
jay 1, IsIS, at the rats Of eight per centum per
iSs ne sg ~ Som
troller OF the District, TO an amount not ehoeea,
ing In all the sum Of two millions o. doaIsl NJ
not exceeding the amount ch,rgeaole 70 n rr
sres. Of execution under existing eonnse ~, III
payable not exceeding one nfth o. sa'a .uh ~.
ne end q each ys.r from Be- reeeiSsble *
any time In payment Of such Assessments TOT
special improvements. -. -, A..
Sec q 1Rd b. q Juythsr sndctei, Ihs, Iol w
and interest Of such certificates Of Indebtedness
the Roani Of Public Works arc hereby required
70 depoSs ~ ~ w m,tt,et ~ CoiumblS ali cert.
cafes hereafter issued by said board, on account
OF assessments for special improvements against
me property anl1nnng and ,S Sepsu NSse
bly, Of August 10, 1871; aud such assessInent ~,
uhcates, ami all payments thereon, shall be and
hereby are pledged 70, and shall BE- Iee ~ vi
commissioners, for the payment " me p.nopa l
and interest Of the certificates OF lndebteunees
authorized by this act, and for no other use or
SEC 4, I1d h n n,riAsr enacted, That the time
for paying all assessment certificates which nave
been or may be issued by the Board OF Public
big Of August 10, isIi, shall be extended so that
the amount Of each certificate shall be payable
In i've equal annual lnstallmenn from the daie
OF said certificate, with interest Al the rate o.
ten per centnm per annum until paid; and 10
case Of default In tho payment o. any lnstall.
menL the property against which ne assessmeos
and certificate exist o. 80 muen sn,tsS I'm sy
/ est, cost and charges, shall be sold as provided
in said act Of August 10, 1871; but at any time
after the making OF any assessment, and bet0te
sale, the owner Of the property may pay me
whole or any installment thereof. with interest,"
costs and charges -
Sec. T. And % u further sndctsd, That Al as
sessment certificates heretofore issued ~ IN,
Board Of Public Works, and not paid In full a
the expiration OF one year from their date, shall
on request Of the holders, and on due assign
eS Of the sinking fund, and held and eollectes
on their account as provided by sections i've
aud three Of this act and II necessary 70 pro
tlnoates, the Boarl OF Public Works arc herebl
authorized aud required, upon requlsluon o
said commissioners, TO make an additional ssu'
Of certIncates OF Indebtedness, similar 10 thos'
authorized By section one OF thif act, not ex
ceedng the amount Of assessment eeruneate'
so purchased, "
missioner Of the sinking fund are hereby au
thonEed 10 prescribe proper rules and regula
tons In order enectually 70 secure the Applca
ton OF the proceeds OF such asseasment Cerun
cate as in this act provided, 10 the payment o
the certificates OF Indebtedness authorized b.
the nrst aud fourth sections OF this act, and a
oSers q the District government MA s'e ner so
regulations.
and part q acts with me pTovisi;Sa
| Sec, Z. And Be q further enacted, That IN vie'