The Providence news. (Providence [R.I.]) 1891-1906, 1892-02-01

pal Court 10 employ third issistant
fAprroved Jan. 20. 1901
IL r. ordained by the City Council of the City OF
SECTION ]. The clerk Of the municipal court Is
hsrsby auhorized 20 einpo third assistant, TO be
proyal Of the mayer, Al salary OF not exceeding
ten dollars per week.
CHAPTER CCCLXvIn
An ordinsnce providing FOR the issuing OF sewer
bonds.
fApproved January 90. 1921
II H. ordained by the City Council OF the city OF
Providence as follows:
SECTION 7; The city Of Providence viii Issue the
Of nye hundred thousand dollars under and by
virtue OF the provisions of chapter 433 OF the Public
AIRY session, A. '' d. 1915. and chapier ss4 of the
Public Laws passed by the General Assembly at its
Public Laws, passed by the General Assembly at is
81 an Act q end % ae for amend nSs d
msnt of Of chapter tSs Of the Public ags entitled
city. Of Providence 10 issue sewer londs and 20
establish sinking fund for the redemption thereof
Sec The city treasurer, acting under the drec-
ton Of Of the so%mties on nsnee shall sell and ds,
the forms hereinafter described. whenever and at
shall aeerne and sp said treasurer r. hall ball
proceeds arising from the snle OF said bonds, ana
% Ssd chapters iss ssi and sis OF tic ststar,s aud
Tor no other purpose.
thereof said city treasurer shall upon the payment
therefor issue or cause 20 be issued under the cor,
he RefSH S S bonds Of e a o 4s IL
accordance with such purchases y equal
amounts Sf one thousand dollars each, payable at
nualiy on the hrsi days Of March and september, in
rants annexed TO each bond Tor tho several sums ef
Interest, 70 become due semi-annnay as aforesaid
lee; =; Ihe principal Of said bonds shall be nay,
-
snail pc pd IN god ~ e4la ON oi tne ne, unse
urer, or at thr National city Bank Of New York. in
the city OF New York, At the option OF the purchaser
b. .nds respectively and all premiums or surplus over
sa ESSye a e p sne % sa e9nGs w wSa he
PLEDGED and appropriated g said sinking fund for
Sec. 9. Said bonds shall be signed by the Mayer
and eounterslgned the city treasurer and regis
try OF each bond and the certificate OF the city clerk
that said bonds have been duly registered by him
been s1e and sold under the direction f Of the COM com
e sSa S on anS1cs sy The S @ MSn
Sec O. The said bonds shall be nnmSersd .aS red from
spectiveiy' COUPON and registered. as a. are is
sued, and shall be substantially In the following
form:
ToRM or COUPON BoSD)
UNITED STATES OF AMERICA.
CITY OF PROVIDENCE.
State of Rhode Island and Providence Planta-
No Sewer Loan. $1,000.
Know all by these presents:
That tie City OF Providence municipal corpora
ton legally incorporated by the General Assembly
Plpntatlons. scRnowIedges iissif held and 'firmiy
bound, for value received. unto or the bearer
in gold coin Of the united states OF America. equal
the rs Sy March, in the yesr An Nineteen hum
dred ard twenty-two. at the National City Bank Of
the rate OF four per centpm per annum, payable
mi-annunly at the same place the nrst days o,
con ' on "~ Of the proper Interest VAR
rants hereto annexed, as they respectively become
paid And sa9 City % OF PToVdenee agrees to pay %
bearer the said principal sum and interest accord
This bond is convertible into a registered bond at
In testimony whereof the city Of Providence has
caused It's corporate seal % be hereunto sfixed,
n 6g 20 BE & AZ aEa Mac
A. ID. eighteen hundred and ninety-two.
countcrslgned by @ty'I Giiy Treasurer.
Registered by City Clerk.
lsECURED ny SINKING FUND.-
(FoRM OF CoUPoN.)
No. Providence Sewer Loan.
twenty dollars no1s IN gold COIN at the National @ pe city
Bank Of New York on the nrst day OF A.
d.. being six months interest on bond No.
City Treasurer.
Or registered In the following form
CFoRM OF REGISTERED BoND)
CITY OF PROVIDENCE.
Sewer Loan.
Registered Bond.
No.
Know all men by these presents
ton legally Incorporated under .he laws q the state
assigns ASST n , IN ths in;sS sum q s, Sn thSuna dol
equal to the present standard of neness and weight
which said city OF Providence promises 70 pay 70
the first day of March in the year nine teen hundred
and twenty-five with interest from the first dayof
payable IA ec gold coin iSpF Of the sspSm Hed ss
meIca az the same plscs & on the rst dSSs OF
~ THIS bond Is transferable only by order Of ,hs
tves endorsed hereon, and upon notice 10 said city
In tes imony whereof. the City OF Providence has
caused its corporate seal TO te hereunto affixed,
tersgnsd s . % lis IS trsasSrer. re this day Of Of" ''
"A. ID. hundred and
Countersigned by City Treasu err
Registered by City Clerk.
(sECURED BY SINKING FUND.-
Sec. Z. The holders of said coupon bonds may AT
any time exchange the same for the registered
bonds herein provided for.
the first days OF March and september in each year
detach from all bonds not az said dates issued the
the be destroyed, and shall report in writing
Sg al & nesS uer this
section until all said bonds are issued, and when
ever any CT Sad coupon ponds are suffendefeu Tor
exchange. said treasurer shall cancel said bonds
surrendered by writing or stamping upon the same
the word cancelled. together with his Official size
nature and the date Of such surrender and the co-
pons On all said bonds surrendered. upon said
surrender shall he delivered to said committee on
finance, who shall cause the said coupons 70 be
burned.
Sec Q. The City Council shall annually appro-
pirate the sum OF ten thousand dollars for the re-
dempton OF said bonds at maturity. together with
sum sufficient TO pay the emi-annual Interest
thereon such interest becomes due
Sec 10. All ordinances and part Of ordinances
inconsistent herewith are hereby repealed,
True ccp pies.