San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1895-03-20
NOTICE OF SPECIAL LAW.

Notice is hereby given, in accordance
with Chapter 3, Tule LIN, Of the Revised
Civil Statutes of Texas, that the under
signed, after this notice shall have been
published for the period OF 30 days. will
apply to the Legislature of the State Of
Texas for the passage OF special law
amending the existing Charter of the City
of San Antonio, as follows:
g. Amending Section 43 Of said Char
ter so as TO read as follows:
SECTION 43. To borrow money on the
credit of the City and issue bonds there
for, to an amount not to exceed Fifty
Thousand Dollars during any one year,
for permanent public improvements. To
make loan exceeding the aforesaid sum.
the question must be submitted to the
property tax. paying voters of the City,
and If sustained by majority of the
votes pOlled, such loan shall be lawful.
All bonds shall specify for what purpose
they were issued and when sold. shall net
the City not less than their par value.
"
of proceeds into the City Treasury: and
the bonds shall be negotiated in lots as
the City Council may determine and d.
rect: provided, That no debt shall be
contracted for the payment whereof such
bonds, or lot thereof, are issued until
such bonds, or lot OF bonds, shall have
been disposed of and the proceeds thereof
paid into the City Treasury; and no debt
shall ever be created by said City, unless
at the same time provision be made to
assess and collect annually sufficient
sum to pay the interest thereon and create
a sinking fund of at least two per cent.
thereon: which fund shall not be
diverted or drawn for any other
purpose, and the City Treasurer
shall honor no draft drawn on said
fund, except to pay the interest or to re-
deem the bonds for which it was pro-
vided: provided the rate of tax shall not
exceed one half OF one per cent. and the
rate of interest paid shall not exceed six
per cent. provided also, no loan shall be
made for any other purpose or purposes
than those connected with the corporation
of said City, and no loan shall be made to
aid any private enterprise, railroad or
underta king, not under the management
or control of the City Council: provided
further, that the sinking fund for the re-
dempton of any loan or debt shall be in
vested, as fast as the same accumulateS,
in United States interest bearing bonds,
bonds Of the State of Texas, or in bonds
of said City, and the interest of such
bonds shall be re-invested: and such
bonds shall be sold when necessary to
pay the interest or principal of the bonds
issued under the provision Of this section.
e. Amending Sectio 2O3 of said Char
ter so as to read as follows:
Section 203. Whenever, in the opinion
of the City Council, it shall become neces-
sary or proper to appropriate private
property for the use of the City for
streets, alleys, avenues, bOulevardS,
parks, public squares, pIazaS, sewers, gas
works, water works, market houses,
school houses, or other public purposes
authorized by law, such property may be
condemned for such use in the following
manner: the City Council shall by ordi
nance declare the necessity or propriety
of such appropriation, describing the
property sought to be appropriated, and
stating the name and residence of the
owner if known, and If unknown stating
that fact. The damages to accrue TO the
owner of such property by reason Of such |
shall be assessed by three !
who shall be disintereSted |
free holders Of the City, one to be selected !
by the owner OF the property, one to be !
selected by the Mayor, and the third to /
be selected by the two thus appointed.
The City Clerk shall issue to such own
n notice calling upon him to appoint |
he Commissioner to be selected by him, !
Ind such notice shall be accompanied by |
/ copy of such ordinance and copy OF this
Section Of the Charter, which notice aud
copies shall be delivered to such 'Ownpr ~
he City NJ lrshal. If such owner shall !
all to appoint the Commissioner to be
elected by him, giving the name Of such
ppOintee to the City Clerk, within the
en- days after the service of 9Such notice
nd copies upon him, the Mayor shall
ppOint such Commissioner. If the two
so appointed cannot agree
pon the selection of the third, then the
District Judge of any District court Of
Sexar county, shall upon application Of
he Mayor appoint such commissioner.
uch commissioners or any two Of them,
fter being duly sworn to perform the
utieS OF their appointment with fidelity
nd impartiality, shall fix a time and
lace for the hearing of the parties upon
be matter of such assessment, and stall
i've not less than ten days notice to both
arties of such time and place, which