Evening journal., 1891-02-28


WHEREAS, There are now certain Bonls Of the
CITY of WlnninA ton to the amount OF Thirty
Thousand Dollars (S3UWl fHlling due on the
lst day Of March, a. d., 1891, paym Mt OF
which must ha made out of the 0ceeda OF
the sale Of linking Fund Bonds or Certificates
Of Indebtedness TO he issued according 60 tho
terms, conditions and provisions Of Van act
to provide Sinking Fund for the payment OF
the Bonds of the City OF WilminRton.n
passed at Dover, February o, lSl5, an tbo
various amendments and sprplements
WHEREAS, The Finance COMMITTEES 30
Council ana the sinking ind trmmission-
ers appoinied under - proyfsions az The act
a,ptp t' nNea y der he powers conferred
~ zen - ~ = ~ act, ard the various amend
nents ahu anpplemen s thereto. ordered 10 be
~ uea ew bonds ef the City Of Wilmington.
VI y. y tiicetes OF indebtedness ont Of The pro
! eeda OF which provision Is 10 be made fot the
/ payment OF the bonds Of the City OF Whining
ton, on the lot day o. March aforesaid; and
). histAh - l.hns Souhsll are aulhorlzeu
OF certificates OF indebt, dness, under the
| terms, conditions and provisi ms OF An act
e provide sinking fund for the payment Of
Dover, februarya, 1855. and the various
amendments and supplements thereto, now
| therefore
Be It ordained by The Council OF Whining
ton.
! SECTION l. That the Finauce Committee az
| Council and the Sinking Fund Commission.
| ers are hereby authorized and directed to
/ cause 70 be issued in The name OF the Mayor
| and Council Of Wilmington Bonds or Certifi-
Gates of Indebtedness 10 the amount of
/ Thirty Thousand Dollars tS3lO)0l, which said
honds OF Certificates Of lndeb, edness shall
| be eenominRted sinking Fund Four Per
Cent. Lonn," and the credit of the city Is
| herehy pledged for the payment Of the same.
SECTION 3 Said Bonds or Certificates OF
lndehtedr ess shall be made similar in form
TO other sinking und Bonds or Certificates
OF Indebtedness, and shall bear interest at
the rate OF four per cent per annum. Iayable
In "a "a kF mil
October in each and every year, until said
be paid.
/ SfUrios 8. said Bonds or Certificates 81
Indebtedness shall be issued IN amounts Il
fall due and become payable with any inter.
est that may be- due thereon In manner fol
lowing, thst e 20 say Oneor more o. said
Bonds or Certihc ates Of Indebtedness for the
sum Of SIX Hundred and Fifty Dolas $3.50
10 fall due become payable April lsr, 1900. one
or more OF said Bonds or Certificates Of Ia.
debtedness for the sum Of Fourteen Thou gand
Seven Hundred and Fifty Dollars (Slf,75W 10
fall due and become payable October lnt, 1870:
one or more OF said Bonds or Certificates Of
| indebtedness for the sum OF Fourteen rhOns-
and and Six Hundred Dollars ttl4 600 to fall
due and become payable April LIST, 1901.
SECTION 4. The said Bonds or Certificates
OF Indebtedness hereby caused TO be issued
shall be disposed Of blythe Finance Comm itteg
and the sinking Fund Commissioners agree
ably ~ the directions Of he said THE Coun.
Gil, and the proc seds thereof shall be paid ..
the Treasurer OF the CITY of Wilmington, Au d
| such proceeds shallhe applied to the redemp
ton OF loans Dt the Cityof Wilmington 10 tbs
amount Of Thirty Thousand Dollars $500 o
falling due on the lst day Of March, a. y
| 1891, being Loan numbered on the books OF The
Ire ssurer Of said city aforesaid sixteen 49,
JOHN C.FARRA,
President Of the Council
Attest. r. MFssICK, Clerk OF the Council
Mayors Once, February g 1877. Respect
~ ~ AUSTIN HARRINGTON. Mayor.