Savannah morning news. [volume] (Savannah) 1868-1887, 1883-05-11

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SEC. 5. Ana IL is further ordained By the
authority aforesaid, That all ordinances anu anu
parts of ordinances. so far as they initiate win
this ordinance, be and the same are hereby
| repealed.
Ordinance read in Council the first time
| April 25th, 1885, read a second time May Sth'
| 1888, placed upon its passage anu passed:
| AN ORDINANCE to abolish the offices OF Lieu
tenants of Police, to create the once OF
Assistant Chief of Police, and for other pur-
SECTION l. Be il ordained By the Mayor and
| Aldermen Of the city Of Sdranndh, az C00NceS
assembled, That from and after the go gay Oh
MAY, 1888, the offices of Lieutenants OF romeo
shall cease to exist and be forever abolished.
SEC. 2. That at the regular meeting OF Coun-
ell next succeeding the passage OF TINS orul-
| nance there shall be elected an Assistant
Chief of Police who shall hold office until the
first regular meeting of Council IN January,
a. ID. 1885, and receive compensation at the
| rate of fifteen hundred dollars (Sl,5OOl per an
mum. He shall assist the ChleI OF fohce III
all matters pertaining to the administration
OF his office. and in case OF tne ueatll, resi-
ton, removal disability or temporary aO-
sence of the Chief he shalt exercise the luhc-
tiOns and perform the duties oil ChleI uhIiI
such disability or apS fe the or
nances of the city in such cases haue anu
provided. r
SEC. 3. That from and after the passage of
this ordinance so much and such parts OF any
and every ordinance of the city and of any
and every section of the City Code as provide
| Tor the election ana pay llithb VI q
or Lieutenants of Police, or any way cOnlilct-
ing with the provisions of this ordinance, be
and the same are hereby repeated
ORDINANCES ON THEIR FIRST READING.
BY Committee on Finance
AN Ordinance to compromise lhat PoItlon u
the bonded debt of the city of savannah
known as the bonds Of the ATLANTIC ana
Gulf Railroad Company, guaranteed by tne
Mayor and Aldermen OF the city Oh oaNa1-
nah: to provide for the issue OF new bonds
with which to redeem the bonds SO guaran-
teed,nOw outstanding; to provide Tor the es-
J. Enlistment of a sinking Iunu LOT Ile re
demDtiOp of such bonds and for other puf-
SECTION l. Be ID ordained by tie Mayer and
aldermen Of tie city Of 1d0dHndh, az C0"4-
Gil assembled. and IL is HEREBY OrddtneG Cy
the 1UtbOrjfu of the same. That the said the
Mayor and Aldermen of the city OF S9van-
nah do hereby offer to the holders of the bonds
Of the Savannah, Albany and Gull Railroad
Company guaranteed by the Mayor and Al
dermen of the city of Savannah and hamlets
thereof. as authorized by pubhc meeting OF
the citizens of said city held May l4th, 1893, the
following compromise settlement OF SAID
bonds and accrued interest: mat the
said Mayor and Aldermen shall issue
for exchange and exchange new bonds
under the provisions of this ordinance ana UNI
der the authority of the act Of the General
Assembly of Georgia, approved December II,
1873. and entitled IAN act TO auInOr!Ie tne
/ municipal authorities of towns ana cities 10
compromise their bonded debts; to provide Tor
the issue and exchange OF new bonds Iof out
!
the establishment and management OF SINK
ing fund for the redemption OF such new
bonds and coupons and Tor Other purposes
| of the same face value for any anu all OF lle
| above mentioned and described bonds guaran-
teed by said city as aforesaid, and shall issue
for exchange, and exchange new bonds under
! the provisions of this ordinance. and OF SAID
! act of the General Assembly OF Georgia, Tor
| fifty eight per centum, the accrued interest
on said bonds to the LIST of July, 1883, the hold
| ers of said bonds taking new bonds Tor sad
/ and interest at the lace value OF Stllu
| bonds: said new bonds shall become due and
| payable thirty years from ana after the
/ first day of July. 1888, and shall bear interest,
coupons, payable quarterly, at the rate OF
| five percentum 6 per cent? per annum; ana
| each of such new bonds before 1t Is Issued
| bv the city shall be registered in the Ofhce OF
! the CITY Treasurer, and shall have certified
| thereon by a majority OF the SINKING Funu
Commission that all conditions precedent re-
quired by law, and by the contract under
which the bonds are authorized to be eX-
| changed, have been complied with; ana each
of such bonds may also be registered, at the
option of the holder, after being exchanged,
in the office of the City Treasurer, which
registration shall be certified thereon by SAID
City Treasurer, after which said bond shall
be transferable only by Endorsement by the
said registered holder to the transferee, unless
the last person in whose name 1t is so regis
tered shall transfer and assign 1t to bearer,
after which it shall again be transferable by
delivery; and such new coupons and new
! bonds, as they mature, snail be recelVaDlc, AT
their par or face value, for all taxes and
| other dues TO the city OF savannah, anu as
such reduced rates of interest are made for
the purpose of being, and are considered by
said corporate authorities as the equivalent
of any and all taxes which the said corporate
authorities might otherwise hereafter levy
upon such new bonds and coupons, such new
bonds and coupons shall never be taxed by
said city.
| thO7ity aforesaid, That the said Mayor and
Aldermen do hereby create under the author
ity of said act a sinking fund for the payment
nf1 aih
| and empower and make 1t the duty OF the
| Sinking Fund Commissioners, IN addition to
the duties prescribed in and by the Ordl-
nance of the city of Savannah, passed Decem-
| Der II, 1878, whereby said commission was
! created, to purchase on the LIST day OF tebru-
| airy of each year hereafter, or as soon
after as they shall find it to be practicable,
! until the complete redemption OF the entire
issue). in the manner prescribed by law, bonds
of the issue herein authorized TO the lace
value of eight thousand dollars. making their
| sight draft on the City Treasurer for such
| sums of money as may be required to pay
| therefor, which sums shall not be considered
| as forming portion of the sinking fund here
! tofore provided. All bonds so purchased, with
the coupons annexed (after having been care
| fully cancelled by the said Sinking Fund Com
missiOn), shall be delivered to the City Treas
urer to await such final destruction as Coun-
Gil may direct.
SEC 3. and il is hereby further ordained by
| the authority Of the same, That until bond
! holders representing 100000 in full value of
the outstanding bonds of said city shall have
|
| made and such bonds to that amount shall
have been stamped as hereafter provided, the
acceptance of those representingiany number
| less than such 100000, in face value, shall
| not be binding beyond the LIST day of July, 1888,
on which day, unless bondholders to SAID
| amount of 100000 shall have agreed to this
| settlement, those who have so agreed shall be
| relieved from the same; and, further, that no
new bonds shall be exchanged for old bonds
until bOndholders representing SAID $2OO,OOO
| shall have accepted this compromise.
! SEC. /. nj at as TUTti6F OTQUINSU on Ht6
| authority Of tie same, That upon each bond,
and the coupon thereto attached or apper-
tanning presented by such bOndhOlders as
accepted this compromise, unless they be re-
deemed by said new bonds shall be stamped,
printed or written respectively: Ihe
| holder of this bond and the coupons
hereto attached agrees to and does
accept the compromise offered by the city of
! Savannah as set forth in an ordinance passed
| - day of , 1888, which ordinance is here
| by made part of this contract" and on each
coupon thereto attached there should be
stamped or written compromise under ordl-
nance Of city OF Savannah dated - day oil
! BY Alderman Green
| AN ORDINANCE to amend an ordinance emit.
tied an ordinance to fix the salaries and
compensation of the officers of the govern
ment of the city of Savannah, passed In
Council December D. 1881.
SECTION l. Be ii ordained by the Mayor and
! aldermen of the citV Of SdpdRRdh, az Council
assembled, and at is hereby ordained by the a.
thOrity Of the same, That from and after the
| passage OF TINS ordinance bne Sdldfles Ol lue
three Engineers Of the steam fire engines in
| the service of the Fire Department OF the city
| of Savannah shall be at the rate of one thou
! sand dollars each per annum instead OF nine
! hundred dollars, as provided by above recited
| ordinance.
| SEC. 2. And be ii further Ordained by the
! authority aforesaid, That all ordinances or
parts of ordinances conflicting with this or
| dinance be and the same are hereby repealed
| so far as they so conflict.
ORDINANCE LAID ON THE TABLE.
An ordinance to relieve ground rent lots in
! the city of Savannah from taxation.
| PETITIONS AND APPLICATIONS,
Petitions of sundry citizens, asking the city
authorities TO fill Hall street, AbercOrn street
and Lincoln street. to facilitate access to
! property in the neighbOrhOOd. Referred to
| Committee on Streets and Lanes.
Petition of S. NJ. Phillips, asking Council to
| grocer, she having closed business as liquor
| dealer Referred to Finance Committee,
Petition of sundry citizens relative to foun-
| tain in Chippewa square. Referred to Com
| mittee on Streets and Lanes,
| Petition of Thee. Il. Masters for compensa-
| ton for services for term for which he was
| employed by the city as clerk. Referred to-
| Committee on Finance.
| Petition of j. w. McAlpin, executor, for
! permission to move house on Hull street, near
| Barnard street. to another portion OF same
| lot Referred to Committee on Fire.
| Petition of sundry citizens for permission to
| sell from stands on sidewalks. Referred to
| Committee on Streets and Lanes.
| Petition of 7. +. Johnson, manager, to eX-
| tend and improve porticO in front of Theatre.
| Rafarpod to Tom m ttpp StrpptS and Lanes.