The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-05-15
BREAKFAST It.

cluded in the asorosaid ASSORTMENT. a copy Of. thu
report of tn said COMM ,sioners; thatit shall pc
cftle4, towns or townships whose land are as
sessed to enter the said assessment nj 3 dar rs ~ - an ~
his office for the purpose. and he shall giy notice
h fGT , sw1 mfees ~ sR Hmag th ne said iap ssse : nent re
is on file and requiring nayment OF ths seVeraA
real estate for such Improvement. within thirty
lays from and after the confirmation of said re,
In case ssid assessmenr shall emain unpaIi at the
expiration II the thirty DAYS from aid efter me
ment shall draw interest thereupon from aud after
that time al q tate OF one per cent9ni per m2ath;
towns or tow,ship afeoied by said assessment.
shall have the zane powers ami risn ,ha 10 Snyo &c
enforce The collection Of taxes or assessments by
70. AID ! e il enacted. That all moneys collected
on account Of the sforosa'd asses.men5 hy TN hire re-
lannSs are So ass, ssed shall he Kept in q separate
fund which fund shall be applied TO retmburslns
EXPENSES y as seid town may have mcuri ed in tie
carrying out of such improvements; and IL shall DO
he governing podies. Of tie aicressid town .,
township IN which SAID road lies. on deinan !, sch
sums Of money as NAV have been collected When
ever demand is made therefor;
IL. And ba 1t enacted, That IN order TO meet the
expenses for the ons .~ructicn Of said stiest or r "a
End o, the b proe g n ; s ~ fe efa ~ t mere sst & ss,y men .ar
other governing body nay borrow the money nHces-
n naies s Of sn lIl, cop ration. Or may issue sefhporsryy
imnrovem MT certificate from I'll ne 10 time ss the
work progresses in such form rs the said council OF
said notes ard certificates shall hear interest At Q
rare not exceeding SIX per teutum per anniai, and
shall be nay ,bls at the expiration o. not more man
two years from the date Of issue; all receipts from
assessments made against property henehttod by
s-ch improvem cuts shall be uafd e, the treasurer
Of the said town or township. and shall be arpted
paynsnt Of any temporary Indebtedness incurred
by the said to vn or township. therefor.
T.. And be il enacted. That III order 10 piovidc
for 80 much Of the cost # sien I'm Droyeniel te 3
towashiD. or for any notes or csrtlffea es OF IN
dabtedness issued t erefor. which NAV remain un
paid. is shall and may ma be i ,s 20 pnr u su so e eny
for a perio not to exec a ten years and
70 bear interest not excsedirg, six per centum Per
annum, which sail bonds snail be styicd improve
as cue q fyerni & bodies OF The several munleti all
ties may determine. AMI be executed under the
corporate seal of the sad mum cnality signed oy
tie proper official; coupons for every half ear's
intri G SC shalt be at aehed to each bond. and num-
bered to correspond theret or he aid oonds m y
be req's .ered, at the option OF ths holder: they
and tls proceeds thereof .hall he used to pay
qhe portion ~ the costs. dana Ses and expenses
OF said improvements and uDlic WORKS re-
quired TO 70 laid by such munteipamty as
temporary nc, es or car theates as have beon given
In payment of such costs and expenses that may
the interest ON said ponds and redee u the sasie at
maturity. it sisatl ue the duty OF the coun y or
other governing boaies OF snch municipality 10
ortter the interest there N togstner Win q stnx.
total amount OF said issue. 10 10 rsised In ms ans
Is. And be 1t enacted, That all acts or parts Of
acts. whether general. public, local or special
Inconsistent with this act be and the SANS are
Approved March .. iaass