Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1881-03-24
ACTS OF THE LEGISLATURF.
Published by Authority. ]

AN ACT appropriating nineteen hundred
and ninety-two dollars (S1, 1922 to liquis
date liabilities already incurred by the
superintendent of the capitol, in provid-
Ing gas, water, fuel, ma ing repairs and
in meeting other contingent expenses,
ana also to provide fund to defray capt.
tol expenses to the end of the present ses-
sion of the iegis atnre.
Section l. Be it enacted by the general
assembly of the State of Tennessee That
the sum of neteen hundre1 and ninety
two Isl 992) do lars, or so much of
said sum as may be necessary to
pay the liabilities incurred by the super,
inteadent of the capt. |, and to provide
for gas, wafer, fuel, repairs and contingen-
cies, until the end of the session. be sppro-
prlated out OF a y funds now in the treasu-
ry, and that the comptroller shall issue his
warrant to the superintendent of the capitol
from time to time for such amounts of the
foregoing sum rs the said superintendent
shall present properly authenticated vouch,
e for, and the treasurer shall pay the
same upon the warrant of the comptrol er.
Sec 2 Be it further enacted that this act
take effect from aud after its passage, the
pu blic welfare requiring it.
Passed March Is, 1881.
GEO. 81. MORGAN,
Speaker of the Senate
II. b. RAM,EY,
Speaker of the House of REPRESENTATIVES
Approved March IL, 1881.
ALVIN HAWKINS,
Governor.
AN ACT to authorize municipal corpora
tlons having population of 80, 90 in
habltants and upwards to issue bonds for
waterworks purposes.
ection Be it enacted by the general
assembly of the State of Tennessee, That
the mayor and city council of any incor-
porated city or town in the State of Ten
nessee having pop ulatiou of30 100 inhab-
itants and Upwards, according to the Fed>
era census of 1880 are hereby empowered
in their corporate capacity TO issue the
bonds of said city or town. signed by the
recorder, with interest coupons attached,
which shall be signed by the
treasurer of said city or town to an
amount not exceeding two hundred thou>
sand dollars.
Sec. 2. Be it further enacted. That the
bonds herein provided for may be executed
of denominations from one hundred to one
thousand dollars, and shall mature at such
times from five TO twenty years as may be
fixed by corporate ordinances, BEARING in
terest at the rate of 6 per cent per annum,
payable annually.
Sec. 3 Be it further enacted That the
series of bonds herein authorized shall be
known as the water works loan of 1881"
and shall be used exclusively for provid~
ing additional Water facilities for said CITY
or town, purchasing and laying main and
supply pipes, constructing fltering gallery
and aqueduct, or for any other legitimate
purpose incident to the completion of
works necessary for an ample supply of
pure, filtered water to the cilizens of said
corporation, and for the purpose of enabling
said corporations to construct said i'm
provement, they are hereby empowered to
sell the bonds herein AUTHORIZE and apply
the proceeds to the payment of said i'm
provements, provided, however, that no
bond issued under the provisions of this
act shall be sold for less than its par value,
Sec. 4. Be it further enacted, That for
the better security of the payment of said
bonds at maturity the said mayor and city
council of any corporators as aforesaid are
hereby authorized to pledge the surplus
receipts from the waterworks departme ment
over and above the necessary running ex-
penses, for prescribed period, as q trust
fund, to be applied exclusively to the pay
ment of said bonds as the same ma
lures. Provided, this act shall
not apply to any city whose charter has
been repealed.
Sec: 5. Be it further enacted, That this
act shall take effect from and after its
passage, the PUBLIC welfare requiring it.
Passed March 10, 1881.
H. B. RAMSEY,
Speaker OF the House of Representatives,
GEO 81. MORGAN,
Speaker of the Senate.
Approved March 16, 1851.
ALVIN HAWKINS,
e.