The times. (Owosso, Mich.) 1882-1897, 1889-07-19

| w
| w. Cneal, labor 90
Oscar Wells, labor 90
| S. A. Crane. labor 90
| II. StanhOpe, labor --- 2 so
| Charles Bailey, teaming- ID rs
| John Brown, teaming- 9 so
| Lou Gilbert labor so
| Cyrus Mathews so
| AID Robbins presented the Marshal's re-
port, which was upon motion accepted and
ordered placed Oh file.
Aid. Holmes presented bond to the city
Of Owosso by the Owosso Table Co., with
Matthias l.. Stewart, of Owosso, Michigan,
as trustee for the city, which upon motion
was referred to City Attorney.
Aid. Robbins presented the following re-
ceipt from Second National Bank which
was ordered placed on file:
OwossO, July o, 1889.
Received of j. ii. Robbins one thousand
dollars for the credit of the contingent fund
| of the city of OwossO.
A. ID. WHIPPLE, Cashier.
The finance committee reported favOrably
on the accounts as above presented, unani-
nous consent was given and accounts al
lowed, ayes o, nays o.
The City Attorney reported the bond of
The OwOsso Table Co. to the city of Owes
so as being executed in due form of law.
The report was accepted, and upon motion
of Aid. Gould the bond was accepted and
the Clerk instructed to place the same on
| file.
The ordinances that were presented at
| the last meeting for sidewalk on Oliver
| street and west Elizabeth street, from Elm
street west to Lansing street, also for grad
ing south of Main street ON the city line
| west, were taken up under Sd reading. The
ordinances were ordered read i'm full, placed
| upon their passage and passed, ayes 6, nays
| 0.
Aid. Gould offered the following reslOu-
ton which was accepted and adopted, ayes
o, nays 0.
OwOssO, July Is, 1889.
To the Mayor and Common Council.
ResOlued, That the City Clerk be author
lied to draw an order for one thousand dol
lars, PAYABLE January LIST. to the Robbins
Table Co.
Aid. Wells moved that the contracts to
furnish the cast iron pipe of the Addystoh
Pipe and Steel Co., of Cincinnati, Ohio, also
Cincinnati, Ohio, and the contract Galvine
Valve and Hydrant Company, of Detroit,
for stop valves, be approved, which motion
prevailed, ayes 6, nays 0.
Aid. Gould offered the following resolu-
tons which were accepted and adopted,
ayes 6, nays 0.
WHEREAS, This Council, by resolution,
passed on the LIST. day of October, 1888,
authorized the issuing of bonds to the
amOut of forty thousand dollars i'm denomi-
nations of one thousand dollars each, pay
able after ten years, and within twenty-five
years from the date thereof, with interest
from the Sth day of July, 1889 at the rate
of five per cent. per annum, and as amend
ed July 18th, 1889, and
WHEREAS, The sale of the said bonds
to the amount of forty thousand dollars so
authorized to be issued upon the terms con-
tanned in said resolutions, has been negoti-
ated to the Wayne County Savings Bank at
premium of five hundred and sixty dollars,
now therefore
Resolped, That the issuing of said bonds
and the sale thereof as negotiated, be, and
the same hereby is fully approved, ratified
and confirmed.
Resolued, That the resolution adopted by
this Council Oct. LIST, 1888, be and the same
Is hereby amended so as to read as follows:
WHEREAS, The legal voters of said city
did on the said I'd day of November A. ID.
1886, at an election held on said day in pur-
suance of said resolution determine the
question in favor of issuing said bonds for the
purpose and in the manner named i'm said
reSOlullO1l, HOW InereIOre De ii
ResOlUed, BY the Common Council of the
city of OwossO, that the bonds of the city
of OwOsso to the amount of forty thousand
dollars in denominations of one thousand
dollars each and numbering cOnsecutively
from one to forty inclusive be issued by the
Mayor and Clerk of said city to be counter
signed by the Auditor thereof, for the pur-
poses and in accordance with said resolution
above set forth.
Resolved Further that said bonds be
made payable twenty-five years from the
date thereof-with interest payable annual
ly from July s, $780, at the rate of five per
cent. per annum,
Provided, Said bonds shall be due and
payable after ten years from the date of the
same at the option of said city, by giving
written notice to the Cashier of the Bank
where said bonds are made payable desig-
mating the number of the bond to be paid
one year prior to the time of intended pay
ment and the deposit of the.amount of any
such bond with the interest thereon with
the bank where made payable after one
year from the time of giving said notice
shall be deemed a legal tender of the pay
ment thereof and no further interest shall
accure or be payable thereon.
RESOLVED Further that the Mayor be and
is hereby authorized to sell said bonds when
so issued and deliver the proceeds thereof
into the hands of the City Treasurer and by
him placed to the credit of a fund to be
known as the Water Works Fund and the
same to be paid out only upon the order of
the City Clerk thus authorized by this Coun-
Gil and upon the order or orders of the water
works committed appointed by this Council,
for the construction of system of water
works in the city of Owosso and for no
other purpose or purposes whatever
Provided, Said bonds shall not be sold at
less than par value thereof.
hereby certify that the above resolutions
were adopted at meeting of the Common
Council for the city of Owosso, held July
18th, 1889. FRANK w. SMITH,
City Clerk.
Aid. Wells moved that Aid. Gould, Rob
bins and Holmes act as committee to con-
fer with the board of health to find suit
able place to deposit thegarbage of the city,
Carried ayes 9, nays 0.
Aid. Gould moved that the City Clerk be
instructed to get copy of the amendments
to the city charter from the legislature.
Motion prevailed, ayes @, nays 0.
Council then adjourned.
FRANK w. SMITH,
City Clerk.