The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1894-11-17
BOROUGH NOTICE.

The following resolution of the Town Council
of the Borough of Shenandoah, and the state
ment filed by the said borough ia the once Of
the Clerk of the Court of Quarter Sessions has
been directed by the Council to be published
for the information Of the citizens Of the
borough
WHFREAs The citizens and qualified electors
of u Borough Of ~ enandoah, at an election
du beld iOr that purpose on the sixth day OF
NUveU ber 1891, decidef TO increase the in
deotedness OF he borough to the exteut OF
hfiy tho sand dollars, for the purpose or
d'fraying the exp nse OF completing the public
water works OF the borough now n course OF
constr ctlOn ana
WHEREAS, The relu ms OF said election have
been duly made to the Clerk or the Court o.
Quarter Sessions OF the ace of this comfy
agreeably to law. and the said clerk ertt1CBta
showing said result OF SAID electi m has this
belt
Resolued, BY the Borough Council Of she
said Borough Of sheuauooah, aud II ia hereby
resolved by said Council
That the Indebtedness or he said b roueh =
OF ShenandOau shall BE- increased, ana u IS
he eby increased, o the extent Of hfly thou
g8' dollars S5O0.0 for the purpl seS afOre-
sa a, ana that loan to thst amount shah be
made aud contracted for, snd N the name an0
on behalf OF the corporation OF the Borough 0f
Shenandoah.
Thai the Bur0ughrs Coupon Bonds be issued
by this Council to the said am unit OF hfiy
Thousand dollars $3.50 0, 0), to secure the money
about 10 be borrowed as required for the puF-
poses aforesaid.
That said Bonds shall bo made payable to
bearer, and TO be paid in thirty year from this
date, NJ to be redeemable AZ any time at the
pleasure OF the borough and said Bon 0s
shall besl interest at the rate OF five per Cene
per snuum, PAYABLE semi.annually at The
Borough Treasury, clear OF all taxes ana OF
all other chsrpes whatever (Which laN es ana
9th r charges the borough assumes).
That the said bOnds shall be sc lied W IN the
seal OF the borough, and shall be signed By
the President ard secretary Of this Council
| (the interest courons to oe signed by The
| Treasurer OF the horough) and these bonds
| shall be Issued TO The number OF two hundrf1
| and forty l2iol in denominations as follows;
One hundrt and h'ty Q50 bonds for the
| sum OF one hundred dollars 800 each.
Fifty J5 bonds for the sum OF three hundred
Forty 90 touds for the sum Of five hundred
dOlla $ (S50) each.
That in order to Ray the int rest on slid
| bo ds as II accrues, aud TO pay on the indeb-
| edues5 so contracted within the time sta ted
| $50 years. II is frther also hei eby ReSoiBrd
| Jha, an annua' tax, commencing forthwith,
| shall be assessed aud levied, al Oroersd 10 be
| C Hccted. q The rate Of two mills on 8 e
| assessed yalu tion OF ali taxable property in
| the boroughi and that the proceeds OF suon
| tax shan be applied exclusively and as fast as
| the same Is paid In and sUfIicienty aecuuu-
lated, 70 the payment OF the interest on said
| 4" upons as II accrues from time TO time, aud
| a'so 10 the liquidation OF he principal Of
said debt ana me redemption at par Of said
Ana be " Further Resolved that he rrin-
cipal ON ers Of The borough he, ana they
hereby are directed 10 pl epare the statement
ANiAA "a ug 10 iiA 1NNA Nt1des az a 70 Vie mt
| same Iva the Ofhce Of the Clerk 0I tue Court
OF Quarter Sessions OF TINS County, and that a
cop OF such statement together with a COPY
OF this resolution bc published, in the manner
provided Tor the publication OF borough or
dinances
| The President and Secretary OF this Council.
| together with tbe BOroug Il tasurer and the
Counsel Of this Borough, are here)y author
| lied and required for and In the name aud on
hehalf OF this boro gh 20 carry out this resO
| luton, to the fullest extent and mean NJ
| the eOi, and TO 60 ana perform an q Is and
things that may be required in the premises