The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1893-08-17
An Ordinance

To provide for the issue and sale NJ wstor uou,..
ponds for the Village Of Hilsboroueb. Ohio
anu 10 repeal an ordinance entitled "An
otu,nsnce oy 10 provide for the issue and sale
OF wafer works bonds for the village of Hills
, 6oro, Ohio" passed June 2lst. lS9S
whereas. by ordinance heretofore passed bv
sne Oo9ncIi OF the incorporated village of Hills,
oorongh. Ohio, on the 14th day of April n
MS loya, II mas been provided that system Of
water works, particularly described thara;',
Shall be constructed by said village tharatnrI,
De II ordained by the Council of the incornor'
ated village OF Hillsborough, Ohio po'
SECTION l. Ihat the bonds of said VILLAGE bo
ISSUED ana sold IN the amount of seventy. 4 vs
W osousana SIS.ooo dollars, for the construction
OF water works, and the proceeds applied IN tHa
construction Of said system of water works ,'o
SEC. 2. That said bonds be made nanat,o
and redeemable as follows, to wit r"'"o'e
SERIES A. Embracing ten (10) bonds of the
ue5omihstioh ,a y; OF one thousand q ,01O) dollars
(5OOl hundred dollars twenty C2O1 years yrn,'e I've
the date OF the issuance thereof. 'A'
SERIES b. Embracing ten (10) bonds of tho
denomination OF one thousand ii. OOO) dol,arS
ana Ten (lo( bonds of the denomination of fvs,
fram 1u tha ISvU) S eoiiars twenty-five (25) years
from tne Gate OF the issuance thereof.
SERIES @. Embracing ten (10) bonds ~ a..
1 ue1omlnatlon OF one thousand q, ,O0O) dollars
anu ten llO) bonds OF the denomination ~ e.,
hundred (5o0) dollars, thirty (3O) years from
'AS uaVo VI Ihe issuance thereof
SERIES d. Embracing ten QO) bonds oy.,ha
denomination OF one thousand Il .OOO1 doIiarS
ana ten (lO) bonds of the denomination os as
hundred 5000 dollars. thirty.five Cs5l rasrs m,s
from tne date OF the issuance thereof 'N"'e
SERIES y. Embracing ten 1O) bonds ~ .ho
denomination OF one thousand h. .00Ol doi,or ne rs
ana ten (lO) bonds of the depomjnation ~ e.,
hundred (500) dollars, forty (4O) years s.n,s,
tnS cate OF the issuance thereof. 'No"'
SEC. =. That all of said bopas sbsl, he.
terest at the rate Of six (6) DER cent,,Tn ~. ,
annum, payable semi annually on The frst
Gays or March and September in a.ch rass nss'
until said bonds are fully redeemed and p.;S
oEo. 4. That an advertisement for bids for
tne purchase OF saii bonds be inserted in tba
NEWS HERALD and Hillsborough Gazette and
commercial Gazette, of Cincinnati. %. tb;rtv
Gays prior to the sale thereof
SEC. o That said bonds be sold not halou
iheir par value to the highest bidder. said Mds
20 De opened and canvassed at noon of tba ard
day OF October, 1898, and no bid upsccomns MAD
by draft or certified check, or cash In the
amount OF two (2) per cent. Of the bid offereS
therein, be considered.
SEC. Q. That said ordinance entitled .Ar
ordinance to provide for the issue and ss,. az
water works bonds for the village Of H;IIsho-' VI
Ohio, passed June 2lst, 1898. be And tha os,
% hereby repealed. ' sAae
SEC. y. That this ordinance shall taka .eo..
TON ana aiter Its publication, according to
Passed this 18th day Of August, A. d.. 1909
jas I. Mc6uire, Clerk pro tenn. ''''