The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1875-01-07
ORDINANCE No nI-
An Ordinance to provide for the pay
ment OF city tnterest-bearing War
rAnlA.

BE il ordained by the City Council Of the City
OF Cairo
sEcrIoNl. That for the purpose of providing
for the payment Of city interest bearing warrants,
and the interest thereon, the city comptroller IL
hereby instructed and directed 10 place in his
annual estimate of moneys necessary To de-
fray the expenses of the corporation In each
year for the years 1875, ls76, and ls17, nm
amount sufficient To pay one-third, ~ nearly ~
he can estimate, of the present outstanding city
interest bearing warrants and the interest there
on, not including those the payment of which
is already provided for, in, and by item six tJl
of Section one ID, Ordinance No. cighfy-one
(sD, approved July 18th, l-7i Provided that
In the last ofthc said three years the comptroller
shall estimate M nmOut sufficient TO pay the
then remainder of said interest bearing warrants,
and the interest thereon
SECTION :. The amount 80 estimated by the
comptroller, shall be provided for, and includ-
eel in the annual appropriation bill, or Ordi-
nance for each year Of the said three years; and
the amount 50 appropriated shall he collected In
the general warrant for each of the said three
wears.
SECTION 2 That Section three (3) of Ordi-
nance No -, approved July 18th, lsIi, I've aud
the same il hereby repealed.
SECTION I. That section four a. of the
last named Ordinance (No ~ be and the same
Is hereby amended, 80 ~ to read as follows, to-
wit;
It shall he the duty of the city treasurer,
whenever the county collector OF Ale Nander
county shall pay over Ia him city taxes for the
year 1874, tn appOrtou sixteen twenty hfths
tld-20 of The amount, or amounts,
50 paid over, between the first, second, fourth,
ilflh, and sixth, items OF appropriations in Sec
ton one % of said Ordinance No. 81, in pro-
portion a. the amounts of said items respectivelyi
and the nine twenty-1lths t,-25 balance OF the
amount or amounts 70 paid over shall lie placed
10y the treasurer in the general fund.
SECTION !, All moneys coming into the
hands Of the city treasurer for the payment or
redemption of city interest bearing warrants
shall lie placed by him in separate and distinct
fund, and the treasurer shall pay out the same
only upon the presentation of said warrants,
which shall De paid by him, with the interest
thereon, In the order Of their issuance, begin
ming with the oldest date and series, and the
lowest number in each series Provided, that
If warrants are not presented in the order named
herein, the treasurer is hereby authorized and re-
quired 10 retain money In said fund sufficient 10
pay such non-presented warrants, and the in-
tcrest thereon, and to advertise and give notice
in three successive daily issues of the Official
newspaper of the city, that he Is prepared 10 pay
said warrants and the interest thereon, giving
the date, number, and the name of the person 10
whom issued, and that the interest thereon will
CEASE after ten days from the date of the first
publication of said notice; and when such war
rants are thereafter presented for payment in
tere,t shall only be allowed aud paid by the
treasurer to the date Of the expiration Of said
notice.
SECTION o. All ordinances and parts of orli-
nances, inconsistent with the prOvis ions of this
ordinance, are hereby repealed.
Approved January 9Th, 1915
JOHN WOOD, Mayor
Att,st-WGLL X HAWKINS, City Clerk.