St. Paul daily globe., 1892-06-16
Official PUBLICATION
Of Ordinance Passed bY the
Common Council of the City Of


A'y No. 626-Ordinanee No. 1903
An ordinance authorizing the issue, negotia-
ton and sale of certificates of indebted
ness
The Common Council of the City of ST. Paul
do Ordaiu as follows:
Section 1. That the proper city officers Of
the City of st. Paul be, and they are hereby
authorized and directed to issue, negotiate
and sell certificates of Indebtedness. as pro-
vided by section fifteen (15) of section three
(3) of an act of the Legislature of the State
of Minnesota entitled IAN act to amend the
charter of the City of st. Paul. the same
being an act entitled an act entitled AN
act to reduce the law incorporating the City
of St. Paul. in the County of Ramsey and
State of Minnesota. and the several acts
amendatOry thereof, and certain other acts
relating TO, said city, into one act and to
amend the same, (which act was approved
March fifth (5th), eighteen hundred and
seyenty-tour QS74). and the acts amendatory
thereof and supplemental thereto" ap-
proved March "a, 1891, in anticipation Of the
collection OF taxes FOR the year 1o92, in the
amounts and for, the purposes as follows:
For the payment of interest out
standing city bonds. s....s-....... So, ,OOO. 90
For the support of the police depart
ment of said city ................ 1O.OOO.cO
ment of saio city ity................... 1900 90
For the support and maintenance OF.
public free schools OF said city,
and for the payment of the em-
ployes of the Board of School
INSPECTORS of The City of St Paul. 35,OOOOO
For the payment of salaries and
clerkhire of the engineering de-
partment of said city :. :. 1900 90
For the cleaning and repairing
streets, sewers sidewalks and
croSSWalks. IO,uUW
Sec. q Said certificates shall be issued, ne
gotiated and sold from time to time by said
officers as the same shall be necessary to pro-
vide funds for the various uses and purposes
as stated in section one CD OF this ordinance.
which said certificates shall bear the date OF
June 15 1892, and shall be issued to mature
not later than Nov. 10, A. D. 1893, and shall
draw interest at the rate of six per cent
per annum, and none of said certificates
Shall be sold for less than par and accrued
by the Mayor and the City, Clerk who
shall affix the seal of the city
thereto; and shall be countersigned
by the Comptroller, and shall be made pay
able atthe office OF the City Treasurer OF the
City of ST. Paul, or at the financial agency of
the City of st. Paul in the City of New York,
and shall state on their face the fund for
which they are issued, respectively, and shall
be otherwise such form and terms as VIII
best aid in their negotiation.
Sec. 3. This ordinance shall take effect
and be in force from and afteritS publication.
Passed by the Assembly May u. 1892
Yeas-Messrs Banholzer, Costello, Hare. Nc
Cafferty, McNamee, Oppenheim. Van Slyke.
Mr.. Presidents.
Nays-0.
W ?. MURRAY,
President OF the Assembly.
Passed by the Board of Aldermen June g.
1892
Yeas-Ald. Bielenberg, Bott, Conley Cope
land, Dobner, D3rniden, Gehan, Melady, Sui
livan Mr. President-10.
Nays-0
o. o. CULLEN.
President of the Board of Aldermen.
Approved June Z. 1892.
ROBERT A. SMITH. Mayor
Attest: THos a. PRENDERGAsT, City Clerk.
June Is.