Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1883-04-06

and securely keep the same and see that The
same are only used In funding said debt pro-
vided BY said act aforesaid. and for no other
purpose whatever. The contract for engrav-
ing or ithographing said bonds and coupons
shall be made with some responsible firm,
who will give bond in the sum Of S25, 600 for
tho faithful performance Of the work, the
ssfe delivery to the Auditing Board aforesaid
OF all bonds, coupons and certificates pre-
pared under the. contract, and for the safe
delivery, after the work is finished. to said
Auditing Board Of the plates or HthOgraph
stones, and it shall be the duty of said beard
70 destroy the same Immediately after reeeiv-
ing them, and report their action in this BE-
Sec. 5. Be Il further ordained, That the
following shall be the form Of certificate pro-
vided for In theseventh section Of said act;
No. Compromise Certificate.
g. Taxing District Of
Shelby County, Tennessee.
January1, 1883.
This certiHss that there Is due to the order
S......,., with interest from
the LIST day Of January, 1888. This certificate
is issued under the seventh aection Of an act
of the General Assembly ofTennessee, passed
March %, 1885, entitled" An Act 10 empower
municipal corporations and taxing districts
TO compromise and fund their Indebtedness
issue bonds for the amount funded, and to
provide means for the payment of the same
oF thsna Tes q. w
fsow data fd M ner cant for tha ns sas
vsars sn3 siy no. 800 II I, ea
vertible into bonds under said act, when
deemable after six vaars rn dsS said q - This
form ~ carti6cste = sIi he nranarsd AZ oaoa
iithoeranhed or engraved anStha nrav;sions
Of the second seetion Of tbis ordinarce shaiI
apply TO Thorn as we'll as to the bonds and
coupons therein provided for. They shall be
District in ssttlement of anv fraciiHnai
amounts less thsn sim ,hst NAV rame;n ,1nl
Settled of Gin ms atIdited and ailowed hv the
Auditing Board, and before signing shail
each be properly noted in the bond registry
hook after beine passed mon nv he And;ting
Board. '~'''N NPOA " '"' a uU'''nS
Sec. 4, Be IL further ordained. That tho
Auditing Board Aforesaid shalI nrov;de n
punch, and IL shalI cause every bond and
coupon and every other evidence of indebt-
edness surrendered to be Cancelled BY punch
ing a hole through each and every Of sucb
evidence of inde6tedness. in tush manner
that the game cannot be used or re-issued
Said cancelled evidences Of indebtedness said
Auditing Board shall carefully preserve.
after noting the same as 10 amount. charae.
ter and date on bond registry, and books re-
Quired BY said act TO be kent nv said hoard
and turn the same over to this DO .rd as re-,
quired by said act: which cancelled evidences
Of indebtedness shall be safely kent by the
secretary Of this board until It's further oroer
in respect of the same.
Sec 5. Be il further ordained; That the
Union and Planters Bank, of Memphis. shall.
for the year 1888, and up to the list day
OF April. 1884. be the depositary of ali the
funds collected and Appropriated for the nav
mont Of the interest on the debt Compromised
under the act aforesaid, The duties and re-
spOnsibilities of said depositary are defined
in the act aforesaid, and II shall receive no
compensation for the services therein and
thereby required Of IT, Said bank shall give
bond in the sum of $3.50, 900. with not less than
five good and sufficient suretjes TO be an
proved by this Council; said bond TO be con-
dltioned as required by the eleventh section
of said act, and the County Trustee shall
daily. deposit in said bank all moneys coll
lected by him under an act passed March %
1883, entitled, IAN Act to levy q tax on ali the
Ia, ables in the taxing districts and munici-
palities in the State which have compromised
and tnnded,Or may co promise and fund their
under an act passed on The 9sd
day OF March, 1885, entitled AN Act to en-
power municipal corporations and taxing dis
triots to compromise and fund their indebted
ness, issue bonds for the amount so funded.
and provide means for the payment of the
same as compromised for the payment of the
interest on the same debt as compromised and
to the secretary Of this board the amounts of
such daily deposits. He shall also give bond
in the sum Of $1,000 conditioned according 10
law. for the faithful performance of the dnfies
required of him under said acts and In regard
to such taxes and funds. All moneys arising
from collections made under the act commonIy
known as the 'Liquidating Board Act.S
passed April 6, 1881, shall be Al once denosited
in said designated depostary BY said Liouid
ating Board, and any other officers COLLECTING
the same, as requirod by law.
Sec 0. Be II further ordained That aid ID
positary shall keep all deposits To- The credit Of
BOND and interest account of Taxing