San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1895-03-26
NOTICE OF SPECIAL LAW.

with Chapter 3. Ttlle 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 10 the Legislature Of the State of
| Texas for the passage OF a 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.payng voters of the City,
and il 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,
with accrued interest to date OF payment
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
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
| undertaking, not under the management
or control of the City Councils: provided
further, that the sinking fund for the re-
demption of any loan or debt shall be in
| vested, as fast as the same aCCumulateS,
| in United States interest bearing bonds.
J bonds of the State of Texas, or in bonds
of said City, and the interest of osuch
| 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 Sectioa 2O3 of said Char
| ter so as to read as follows:
Section 2O3. Whenever in the opinion
of the City Council. it shall become neceS-
sary or proper to appropriate private
| property for the use Of .theS City for
streets, alleys, avenues. bOuleVardS,
| parks, public squares, plazaS, 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
| 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
| condemnation shall be aSseSSediby three
| commissioners, 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 bv the two thus appointed.
The City Clerk shall issue to such own
| cr notice calling upon him to appoint
the Commissioner to be selected by him,
| and such notice shall be accompanied by
! copy Of such ordinance and copy OF this
| Section Of the Charter, which notice and
copies shall be delivered to such owner by
the City Marshal. If such owner shall
fail to appoint the Commissioner to be
selected by him, giving the name of such
appointee to the City Clerk. within the
ten DAYS after the service of such notice
and copies upon him. the Mayor Sha
appoint such Commissioner. If the two
commissioners so appointed cannot agree
upon the selection of the third, then the
District Judge of any District court Of
Bexar county, shall upon application Of
the Mayor appoint such commissioner.
Such commissioners or any two of them,
after being duly sworn to perform the
duties of their appointment with fidelity
and impartiality, shall fix a time and
place for the hearing Of the parties upon
the matter Of such assessment, and shall
give not less than ten days notice to both
parties of such time and lplace, which
notice may be served by any disintereSted
person capable of making oath to his re-
turn, who shall make his return under
9th Whom the nrnnarGu Snmnht To be