The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1895-07-04

SECTION ONE:-Be il ordained by the
Council OF the incorporated Village of Logan,
Ohio that 1t appears TO said Council TO be
for the best interests OF Sald village 10 eN
tend the time Tor the payment OF thirty
bonds dated April 1st, 1882 each bond being
of the denomination oi Eleven hundred ana
sixty-six and sixty-SiX ana d. twootn,IIs a nhls
81 1866 1T 2-3l dollars; I'D bonds belEg payapie
thirty-fiye years alter date with hVe per cent
interest, payable semi-annually ana nSSre-
gatirg III amount the sum OF ihlrIy HVe
thousand dollars IS3510).t0l and heretofore
legally issued for water-works purposes
under an ordinance more particularly de-
scribing said bonds, passed February 26ti,
1885, by the Council OF the incorporated VII
lage of Logan, OHIO, to which reference IS
hereby made; and CT thirty bonds, each OF
the den omination of Three hundred ana
thirty-three and y-three-onehundredth
dollars S35i. .35-lO"l lated April lst, loyo. pay
able thlrty-five years after date with per
cent interest payable semiannualiy, ag@regt-
ting in amount Tie sum of II II thousand dol,
lars no. 0)0 o. land more ir; icul;trly described
in an ordinance duly passed BY the Councli
OF said incorporated ed VILLAGE OF Logan, ONO
on the Goth, day OF February, 1870, now duiy
recorded in the Office OF the City CLERK, 10
which reference il nerebs made, and OF
thirty bonds, aggregating in amount the sum
of Fifteen thousand dollars lsl5,tQUO0i. each
OF the denomination of Five hundred dollars
Is5Cnl, dated April LIST, lS6, payable thilty-
1--WE years after date with per cent interest,
payable semi-annually and Heretofore legal
" issued 1or Sanitary DrainaSe purposes
under an ordinance more particularly de-
Scribilg said bonds, passed on the 2Gth, day
Cf February, 1895, which said last named or.
dinaEce is duly recorded III the oihce OF the
City Clerk 10 which reference Is hereby
made.
SECTION TWO: That to provide means
therefor and so as to change, but not increase
said Indebtedness, bonds OF said Incorporated
Village of Lo9ap, Ohio, TO the amount OF
Sixty Thousand dollars LsG0,0OOl be and the
same are hereby issued ana be disposed oil as
fast as and only in the same amounts as the
present holders OF said bonds described in
Section one of this ordinance may surrender
said last named bonds, and the same may be
cancelled.
SECTION THREE:-Sai6 bonds hereby
provided to be issued, TO be one hundred
and twenty Q20) coupon bonds OF said lncor-
porated Village of Logan, ONO, 10 be NUM-
berei conSecutively from one ii 10 one nun
dred and twenty [120l inclusive, each of the
denomination OF Five hundred dollars [S3OOl
dated June lSt, 1873, and .bearing Interest at
the rate OF per cent per annum, payable
semi annually at the Western German Bank
Of Cincinnati, Ohio. Principal ard interest
payable thirty-five 1851 years alter date; four
of said bonds to be rede enable i'll five lol
years afer date and four OF said bonds each
year thereafter.
SECTION FCUR:-This ordinance shall
take effect and be III force from and after the
earl les. period allowed by law.
Passed Jnne %, 1895.
w. f, Bowen.
President of Council.
II. E. SPARNoN, City Clerk,
June 27, 1895.