The comet. (Johnson City, Tenn.) 1884-1916, 1891-01-29

LOontinued from firat page.N

everal lots or parcels OF ground re- c.
pectively. Sixth. The full description, n
ogether with the owners name, Of D
ach lot or parcel OF ground bordering n
N said part OF said street so improved. t.
seventh. In the case OF the constIuc- G
ion Of sewer, a description Of each 6
OF or parcel OF lot berefited thereby a
ogether with the owners name and I
he fair proportion OF the cost of such 4
sewer according to the benefits con. .
erred thereby that should be asses ed
against such lot or part OF a lot.
Section z. Upon the filing OF the re-
port provided for in the last preceding
section, the Common Council OF such
city or the Board Of Trustees Of such
town shall give two weeks notice in
two newspapers representing the two
political parties casting the largest
number OF votes at the last general
election, printed and published in such
city or incorporated tSwn, and II there
be not two such newspapers printed
and published in such city or incorpo-
rated town, then in two such newspa
pers printed and published in th'
county IN which such city or inoorpo
rated town is located, of the time an"
place when and where q hearing cah
he had upon such report before com
mittee to be appointed to consider
such reports, and such committee
shall make report to the Common
Council OF such city or the Board OF
Trustees Of such town recommendin
the adoption or alteration Of such re
port, and the Common Council Of such
Ci or the Board OF Trustees of such
town may adopt, alter or amend such
report and the assessments therein
Any person feeling aggrieved by such
report shall have the right to appear
before such committee and the Com.
mon Council Of such city or the Board
If Trustees of such town and max,
objection thereto, and shall be accord
ed u hearing thereon. And the Com
mon Council OF such city or the Board
Of Trustees OF such town shall assess
against the several lots or parcels o.
ground the several amounts which
should be assessed for and on account
Oi such improvement; and the Com
mon Council OF such city or the Board
Of Trustees OF such town shall cause
the said assessment to be placed upor
the city or incorporated town tax du
plicate and charged against the sale
several lots or parcels OF ground as fol
7 lows, viz: Ten per cent. for each sue
! cessive year for Ten years; and thu
! Common Council of such city or thu
Board OF Trustees of such town shall
also add to the several amounts SO as
r sessed and placed on the duplicate, in
e terest at six per cent. per annum, pay
!, able semi-annually, which shall b
C calculated from the time such final et
d innate is made until the severa
u amounts fall due; and the first ten pc
:, cent. shall be due and payable whei
= the first tax falls due and is payabl
o after such assessment is made, an
It aid assessment, together with the in
l. ierest thereon, shall be a lien upo
g the several lots or parcels OF groun
If to the same extent that taxes are
u lien upon such property, and shall b
n collectable in the same way that take
It are colleC ted, or in such manner as tn
I. Council or Board OF Trustees by ord
II nance shall prescribe; and the la
n governing the collection Of taxes shat
D, SO far as the same is applicable, regr
e late and govern the collection Of sue
assessment, and such assessment an
&c the proceeds arising therefrom sha
IT constitute a special fund for the pa,
" ment OF the costs OF such street, allie
a. and sewer improvement, and tn
j. bonds and certificates hereinaftt
ID mentioned and for no other purpose
< Provided, That any tax payer ma
II pay the whole or any part of such a
le sessment before the bonds or certiI
l. Gates hereinafter mentioned are issue,
II in which event the interest on sue
Of assessment, or part of such assessmen
Id shall be collected only to the tate
ID such pay ment.
ID Section s. The Common Council
il such city or the Board OF Trustees
IL such town, for the purpose Of antiC
u pating the collection Of such asses
y. ments, shall have power to issue sire
t. Or sewer improvement bonds for IL
y purpose of raising money with whic
HI to pay for such impro ements mad
" and in issuing such bonds the Cor
n. mon Council o. such city or the B ar
is of Trustees OF such town, shall be go
n. erned by the law now in force regula
Is, ing the issuing Of bonds by cities. I'll
ey proceeds arising from said bonds sh
ii be applied exclusively to, and appr
or priated and used for no other purpo
IN than the liquidation OF the cost of Il
H. improvements in this act mentione
III Said bonds shall bear the name Of Il
I'd street or alley improved, or the sew
&c constructed, and shall be payable,
x quail instellments, out OF he fur
h sreinbefore provided in one, tw
e, three, four, five, six, seven, eight, nil
e, and ten years from date, and shall be-
st interest not to exceed six per cent. p,
% annum, payable semi.annually.
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