The Providence news. (Providence [R.I.]) 1891-1906, 1892-01-30


Providence az follows
SECTION = The city OF Providence win issue The
bonds OF said city 90 an amount not exceeding the
sum Of Ave hundred thousand dollars under and by
avs, passed by the General Assembly at The Janu-
AIRY session, A. d.. 1876 and chapter 3st OF the
session 3D. psss and 9per Chapter eSy sas Of e the
Public Laws passed by the General assembly att
an 1 Act e entitled n aet for An amend sss d
81 SSsapsr IN Ans Si tse nb Lsg entitled lied
ey f. Proyidsncs 70 Issue SEVER ond, and ,o
passed az the January SESSION, 1873"
sec. g The city treasurer, acting under the dlrec-
pose OF such bonds. which shall he substSntiaIS in
the forms as hereinafter described whenever and at
shall determine: aud said treasurer saIi receive the
gSeeeds sS arising from The sale q said eoads and
In said chapters 43S 3Sl and o42 Of the STATUES. and
=, Sec. 3 Upon The sae OF said bonds or any part
hereot said city treasurer shall upon the payment
porate name and seal of the city OF Providence 20
,ro ane person 20 Or OF persons purchasing the hsmc an
accordance with such purchese purchases IN equal
amounts am ,i 81 one thousand dollars each payable a.
Dun,y ,1r d per t ntgH ., per sn r & ppyaSe sa n
rants annexed 10 each bond for the several sums OF
or in reeeTed SSpS bonds as herenaer proyided
rec. 4. 1hs principal Of said bonds shall be pay
hundred and twcnty-two and both principal aud
shall be p3d IN god !, eGa S O ths uaI,sd
9rer , or at the National City Bank 81 New YORK In
and the place avn cnt shah be expressed IN said
@ Dshns respectlNeyi and az lrenhums or sfl over
received from the sale thereof shnll De irreyocably
p'elg and apfrDpriated to said sinking fund for
Sec. 5. Said bonds shall be signed by the Mayer
aud S9nn,ersigned ~, t, the city treasnrer and regis
Try OF Each bond and the certificate Of the city clerk
shall evidence
been issue and sold under the direction OF the conn
sha be on e by M s eS only or
Sec, g. The said bonds shall be numbered from
spectiv,lv. coupon and resstercd. q as eS are is
sued. and shall be substantially In the following
form:
(FoRM or COUPON BoNDl
UNITED STATES OF AMERICA.
CITY OF PROVIDENCE.
State Of Rhode Island ana Providence Planta-
tions.
No. Sewer Loan. $1,000.
Know all by these presents:
That tae City OF Providence, municipal corpora
tion legally INCORPORATED by the General Alsembly
Plantations, acknowledges itself held and firmly
r % Se %e ss S oed a se
I'm gold coin OF the United States OF America. equal
The arst day 4 March, in the Year nineteen hun:
dred and tw,nty-tMo. az the National city Bank OF
the rate OF four per centnin Ter annum. payable
scmiannually at the saine place on the tdays Of
coin on presentation OF the proper interest war
& d1nts hsr1,o aincS.a % as they sReeiSeM ,, pectnS
paid. And said city OF Providence agrees to pay 20
bearer the said principal sum ard nteiet accord
This bond Is convertible into a registered bond at
In test mony whereof, the city Of Providence has
caused lts corporate seal t. be hereunto niixcd
asrgned by its tp sasSrer this irst day of March
a. ID. eighteen hundred and ninety-two
couptersian al by cIty treasurer.
Registered py city Clerk.
IsEcURED ny SINKING FUND.-
FoRM OF CouPoND
No. Providence Sewer Loan.
The city of Providence will pay 10 the bearer
Bank OF New York ON the first day OF A.
for sl.oOo.
Or registered in the following form
(foRM or REGISTERED BoND)
CITY OF PROVIDENCE.
seNer Loan.
Registered Bond.
No.
Know all men by these presents:
That the city 81 Providence, municipal corpora
Ton Legally Iasargor tsa under ,6s laws q The state
az Seno%iedges novice 'hS Itself held and TRULY bcand unto
, or assigns N tie sun sum Of cns M thou m and COL
equal the present standard of nneness and weight
which said c'ty OF Providence promises 10 pay 20
the rst day OF March, in the year nineteen hundred
and twenty-five with interest from the FIRST day Of
A. d.. Is at four Centum per annii'n,
america AT the same place, the first days OF
Ma 'ch and september in each year until said prime
pal sum H. fully paid.
This bond is la lsrerable only by order OF the
said personal representa-
tives endorsed hereon and upon notice TO said city
treasurer
In t,s niony whereof, the City Of Providence has
caused its corporate seal TO lie hercunto affixed.
and this hold 10 b. signed by its mayor and coun-
teIslgn,d its trta tasnrcr. this day OF
A. ID. Lundred and
Countarsigned by CITY Treasurer.
Registered by City Clerk.
(sECURED by SINKING FUND.-
Sec. Z. The holders OF said coupon bonds may az
any time exchange the FOR the registered
bonds herein provided for.
Sec. =. The said committee on finance shall, On
the first days of March ana september In each year,
detach from all bonds not n said dates issued. the
coupons sad bonds then maturct aud shall cause
same to he destroyed and shall report i'm writing
- the city council NJ its next meeting after sad
dates respectively. all their proceedings under this
section, uvtil all said bonds Issued and when-
any I said coupon BONDS are surrendered for
exchange said treasurer shall cancel said bonds 80
surrendered by writing or stamping upon te same
nature and the date Of such surrender. aud the
pons all said bonds ~ surrendered. upon said
surrender. shall bc delivered to said committee on
finance. VINO shall cause the said coupons 10 be
burned.
pirate IN sum OF ten Thousand dollars Tor the re-
dcmptiOn of said bonds at maturity. together with
n su'iiCient To pay the scm-annual interest
thereon as such interest becomes due.
Sec. ~. Al ordinances and part OF ordinance
inconsistent herewith are hcreby repealed.
True pies.
Witness: WILLIAM r. CLARKE