The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-05-07
FILE OF THE CouMoS COUNCIL No. !, 1894.
AN ORDIN ANCE

Providing for the issuc Of two hundred and
NIFTY thousand dollars Of city D. nds for the
purpose 0f erecting bridges and procuring
approaches therefor aud providing Tor the
redemption thereof
WHEREAS, by ordinance. entitled "An
ordinance providing for increasing tho city
debt Tor tho purpose of builliug bridges aud
submitting tho question uf such Increase to
The vote ~ tho electors thereof" approved
no fourth day Of January, lsyl II IS provided
that tie city debt shah ho increased by the
Issue ~ bonds iu the sum of two hundred aud
hf'Y th0usAn4 $50 uU t'1 dollars f8r the nun
p0ao OF constructing bridge over tho LarkA-
wanna river AZ Linden street aud a bridge
over hoauug brook from Spruce street %
Front street together vith tho purclas, ~
such right OF Wy a. mas be nee sssAry Tor the
such ApproBcucs ~ said bridge, subject o. tho
's',ut " ih' electors u tAo city u ssrantou 70
such inHT
AND WHERBAs At = general muni,ipaI
cl"ctiTH, bold uu 'Ho twentieth day ui Fehru.
aTy. l'tl Ws s'or.'y Uf flo electors voted In
favor H' said Proposed Increase.
Soc h" 10 ordained lv the Select and
Doumu. Councils n trn rily ~ srr4rt..r .rI
tis hgTohN ordained by th" authority 81 the
same that ior no pur, o~e of constructing
bridge over tho lartAwauu river At Liuduu
street, ard a bridge over Roaring brook from
spruce street o. Front street tngstf VI with
the purchase % such Elt " way - may bs
necessary Tor the bot aprras,he. 60 sAd
rr.lgrs, tho issuH " city Cuupun B. nAs t1
the amount q tsb hundred And INV thop.
eanl Ii1,,tOUOp' dollars 10 hereby author cd
taid luuda .Lall D. V the denomination uf one
Thousand 81 ul nW dollars with interest r0u
p.us attached aul shall hv MUM bored from
me dp 81 two hundred aud hffy -.gi Inclusive
aUl slaIl De- s4gnvl b} thu MAyor,anl tAy faAl 4
The CtY shall b" hfirni duly at'est~d hy the
city Iiefk Tho date % The bIuds shall h..
June lst A. T., 1921 and they shall 10 reds,in.
! allo A. hereinafter specified suJ shall bear
Interest ~ The raio0f ~ pef cent per aunum
ne" u all tares the rity assuming the payment
u tho same. The interest cuupons shall D.
! executed bJ the autographed signature u tho
Mayor, and shall H. payable semi annually
on The first dAys of December and June ~
No 0ricc u tho CitI Treasurer of the CITY u
scranton
ssrf saii hora. shsI y, rc,icsmshls IN
The order - their uumh~r ~ follows via
Nus tu 20 Inclusive. June lst, liU1
Nus ~ O. ltu irclusIse. Jane let Iyn
hos lil g. ~ inclusive. June 1T. 1911
kas lai % 20 Inclusive June ist lsp
~-C A said bunds shall b. isiuei IN accord
ahos with the proyisiuns ~ an Act euiiilri
An Act regulating The manner - iESreas.nI
| Tho indebtedness N municipalities Atd rrl.
vliing Tor The TedcmptioH % the same. snl
| imPo.ing psnaltra Tor tho Illegal ingtea..
! thereof, w approved 'ha "th day u Apul ls5l.
/ Aud aIs1 under The provisions - an A-f eutit-
/ lei, An At providing Tor tho Incorporation
| sud government % cities u tho ihlfd class
| approved May - A. D., l@s. And the several
| HubpiHmFhts hua Amehd mnuts u SAIL act
| sec. sad bonds sLAli b. d,numrnAtad
| Tho Bridge tuan sud shall h. prepared f0r
| .ssue ~ the CITY Clsrk and duly sruai and
sraled as crowded Ia s-ctiou ! q this urdi
| nance.
| Sec s Tho Mayor and no Guy Clerk are
| hereby authorized 10 all ahd dispose u saii
| bonds the proceeds ~ sAid slle aud disposal
! o. D. pAd to tls CITY trtAaur,r. AZ provided
| hy Law They may dlspose q tuem ln bulk 0r
in such quantities A. funds may be required
! for tho parp"@" for which said hOn DE- trc au-
| thorilad b. 10 issued
| Sec. o. The mou0y that may be realized
! from the salN - sah bonds shall h. and ia
| hereby All rupriatcd Tor tho constructing oi a
| bridge over th" lackHwanuA riyor "a, Linden
/ street and bridge over Roaring brook from
| Spruce street 20 Front street together with
| the purchase of such riaht ~ way ~ may hy
| uregssafy for the Oost approaches g. said
| bridges. The sum ot one hundred and
! twenty 0ye thousand lsl.AODtO Oll dollars shall
| be held fot the building u tho l.iudcu street
| bridge aud securing the Approaches thereto
| and the sum ~ one hundred and twenty ave
| thousand tsl2A0uUJ dollars shall be bold for
the building o. the bridge over tho Roaring
| brook and securing the approaches hereto;
| provided that II oithOr ui said bridges aud
| - approaches can b. completely paid for at a
| less sum than before named, any balance OF
| tho proceeds OF the sale of said bonds may DO
used In tho construction aud securing Ap-
! prOachcs tOT the other of said bridges Any
! surplus of the proceeds Of said bonds which
may remain after the said bridges aud their
! approaches have been fully paid for shall be
paid into the sinGing fund provided for the
| redemption Of said bonds
Sec : For the purpose OF paying the prn.
| cipal and interest Of said bonds there h here
| by levied for the year ls9t on all property tax
| ahlo FOR city purposes tax Of one aud ono
! tenth mills on the dollar of valuation. and
every year thereafter there shall bo levied for
such purpose tax sufficient 10 equAl oight
QD pcr cent. Of the issue hereby authorized
secs The funds realized from the sale OF the
said bo ds snail be paid into the city treasury,
and the city treasurer, the mayor Of the city
and the city controller shall cause the said
funds TO be Immediately placed at interest in
three banks Of this city 20 he designated by
| them, pla ing and Keeping from time TO time
| an equal amount Of said funds In each ot the
| banks so designated. NJ Il. LAvRLLE,
City Clerk.
Scranton, Pa. April 10, 1893.