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

er contract with the city, shell have
INSTRUCTED any such improvement,
n payment therefor, each Of which
certificates or bonds shall bear the
lame Of TIE sewer, street or alley i'm :
proved, the time the same shall ran,
Tot to exceed ten years, the rate OF in
crest tho same shall bear, not to ex.
iced six per cent. per annum, payable
semi-annually, and such certificates
and bonds shall transfer to the con-
tractor and his assigns all the right
and interest OF such CITY or town to, in
and with respect to every such assess
ment and the lien thereby created
against the property of such owners
assessed as shall avail themselves OF
the provisions Of this act to have their
assessments paid in iastallments, and
shall authorize such contractor and his
assigns to receive, sue for and collect,
or have collected every such assess-
ment embraced in any such certificate
or bohd, by or through any Of the
methods provided by law for the col
lection Of assessments for lncal inn
provements, including the provisions
# this act. And il the city or town
shall fail, negleet or refuse to paw said
certificates # bond, or to promptly
collect any Of such assessments when
'iue, the owner OF any of such certih-
Gates or bonds may proceed in his own
name to collect such assessment and
foreclose the lien thereof in any court
OF competent jurisdiction, and shall
recover in addition to the amount OF
such bonds or certificates and the in.
terest thereon, reasonable attorneys
fee, together with the cost OF such suit.
Any number Of holders Of such certif.
Gates or bonds for any single improve
ment may join as plaintiffs, and any
number OF owners OF the pro lerty on
which the same are lien may b.
joined as defendants IN such suit. And
such bonds and certificates shall be
-qual liens upon the property for the
assessments represented by such bonds
nr certificates without priority Of one
over another 10 the extent OF the sew
eral assessments against the several
lots and parcels OF lands.
Section 10. Whenever the owner or
owners OF any lot or lots, the assess.
ment or assessments against which is
: or are embraced in any certificates or
bonds in this act mentioned shall sew.
orally prbmise and agree in writing Ia
be filed with the clerk of such city OF
town and to be spread on record by
him, in consideration OF having the
+ right to pay his or their assessment Oh
: respective assessments ii installments
G that they will not make any objection
e to illegality or irregularity as to theil
u respective assessments, and will pay
s. the same with interest thereon at suct
l. rate not exceeding six per cent, al
= shall by ordinance or resolution OF thu
'e City Council of such city or the BoarC
2, Of Trustees of such town be prescribed
u and required, he or they shall hav'
sr the benefit and be subject to all tn
d provisions OF this act authorizing tn
IL payment OF assessments in annual in
10 stallments relating to the lien and col
o. lection and payment OF assessments s.
10 far as applicable. Any owner OF an
10 lot or lots assessed for payment of tn
cost of any such improvement VIII
u will not promise and agree in wriiin
fs as herein provided, shall be require
! to pay his assessment in full. whe
u made, and same shall be cOllpc' 8
!" BILE by or through any Of the metho'i
H. provided by law for the collection .
assessments for local improvement
ID including the provisions Of this acI
~ Whenever any payment shall be mad
!" upon any Of such assessments, it sha
y be the duty Of the Treasurer, cor
y tractor or owner Of such bonds q
10 certificates receiving such payment I
eI enter upon the proper record OF SUI
y assessment the receipt Of such none,
~ and such receipt shall be diacharg
Is OF the lien of such assessment to til
u extent OF such payment, and upon til
o. payment of any Of such bonds or ce
I'd tifcstes they shall be surrendered /
H. and cancelled by sucn Treasurer
OF Provided, further That in all cite
having Board Of Public Works, an
OF affairs, charged with the duty OF NAL
OF ing street and alley imp rovementsan
ci' constructing or repaiIing sewers, sue
81 Board Of Public Works and affairs
e' hereby vested with all the powers an
ne duties Of Common Councils of cities
~ provide in this act.
ie, Section IL. Whereas, An emergenC
N exists for the immediate taking effe
rd Of this act, the same shall be in for,
W from and after its passage.
NJ - o -
he HOw'S This