Middletown transcript., 1891-04-30
TO BoRRow $4,000.
THIS rs WHAT THE TOWN COMMISSION
ERS WANT TO ESTABLISH AN
ELECTRIC LIGHT PLANT.

THIS Is WHAT THE TOWN COMM1oS1ON
ERs WANT TO ESTABLISH AN
ELECTRIC LIGHT PLANT.
The Town Commissioners of Mid
dletown are asking the Legislature
for authority to borrow $4,000 with
which to buy or erect an electric light
plant for the purpose of lighting the
town. The bill has probably passed
the Senate to-day and will have slight
opposition from any resident of this
town. If there is any opposition it
will come from Wilmington. We pub
lish the bill in full:
An Act to provide for the lighting
of the town of Middletown.
Be it enacted by the Senate and
House Of Representatives in General
Assembly met
SEC. 1. That the clown Commis-
sioners Of the town of Middletown y
shall have power and authority
under and by virtue of an ordinance
to be passed by said Commissioners,
to borrow on the faith and credit of
said town a sum of money not exceed
ing ten thousand dollars, and which
shall be applied, appropriated and
expended in lighting said town the
Commissioners shall also have author
ity to issue bonds therefor of such
denomination as they shall deem
best bearing interest at a rate not ex-
ceeding five per cent. per annum
payable semi-annually; the princi-
pal of such bonds shall be made pay
able at such time or times not less
than ten nor not more than twenty
wears from the date thereof, and in
such manner as shall be prescribed
by said Commissioners /; the form of
said bonds shall be prescribed by
said Commissioners and shall be sign
ed by the President of 1.-THE said
Town Commissioners - and the Treas
urer Of said town, and sealed with the
corporate seal of said town, and shall
be exempt from all taxation.
SEC. 2. That the Treasurer of said
town shall, in addition to the security
now required by, law give security for
the proceeds of the aforesaid bonds
which proceeds shall be kept sepa-
rate from the other funds of said
town.
SEC. 8. That the Commissioners of
said town are hereby authorized and
empowered to establish an electric
plant and conductors or to erect gas
works and lay pipes for the purpose
of lighting said town and whenever
it shall be necessary or expedi-
ent for the said Commissioners to ac-
quire land for any purpose connected
with the lighting of said town, and
such land cannot be acquired by
agreement with the owner or owners
thereof and the said Commissioners,
the same may be taken for the pur-
pose aforesaid, in the name of the
said town, in the same manner, and
subject to the same conditions and
proceedings as are now prescribed by
law in relation to the said "Town of
Middletown for condemning and
taking land for the purpose of laying
out, opening, extending, or widening
any street, road, square, lane or alley
in said town.
Sec. A. That the Town Commits
sioners shall have authority to draw
from time to time upon the fund
aforesaid sufficient to meet the cost
such electric works, or gas works,
With their respective appurtenances
and the said Commissioners and the |
treasurer shall each keep detailed |
account of the expenditures for the
purpose aforesaid and the Commits |
sioners shall at the expiration of
three months from the beginning of
such exp penditures, and again when
the said works shall be fully com
pleted, publish such account in the
printed in Middletown.
Sec. 5. That the said Comm ission
ers shall have power and authority |
under this act to purchase any cleo
trio plant and appurtenances already
esta blished, at sum not exceeding
ten thousand dollars, and make pay
ment for the same from the fund
aforesaid.
Sec. 6. That the Commissioners
aforesaid shall have authority to en-
ploy proper persons to operate said
works, SO erected or purchased, and |
shall fix their compensation by ordi-
nance, and in like manner shall fix |
the rent or rents as they now have to |
collect water-rents.
SEC. z. That before the preceding
provisions of this act shall go into
effect, it shall be the duty Of the said
Town Commissioners to call a town
upon one months notice,
and at such meeting the borrowing
of the said sum of ten thousand dol
lars, as aforesaid, shall be approved
by majority of the votes cast there
at every resident of said town who
shall have paid town tax y for the
year in which such meeting is held,
or for the preceding year, shall have
the right to cast one vote for every
dollar and every fractional part of a
dollar of town tax aforesaid by
him or her paid.
A Quiet Home Wedding.