The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-05-08

shall be assessed upon the lands and
real estate specially benefited by the I'M
received; the commissioners shall file
their report with the. city clerk, which
what parcels of land are benefited by
the improvement. the amount assessed as
benefits upon each lot or parcel of land,
eral lots n parcels of land assessed,
SO far as the commissioners car ascertain
d deem sam defe eaf NJ By a Tsasom n a snsh mise Rs
lands assessed, Or emitting the said
publish and post notices in the same
way and manner ~hereinbefore prescribed
for publishing and posting the petition
ing notice, stating that the map and
report of the commissioners have been
filed in his office and that~the council
port, map and assessment presented IN
writing on or before a day named in
which day shall be at least ten days
after the first publication of such no
tees; after considering such report, map,
and assessment, and such objections as
may have been presented against the
same, the said council may confirm the
said report, map and assessment, OF
same to the commissioners for revision
and correction, who shall return the same
delay; and thereafter the council may;
without further notice, confirm the SAID
report, assessment and MAPS.
~tiorari, Injunction or other writ of pro.
cess shall be allowed or granted t set
after the contract therefor. Shall have
and no certiorari, Injunction or other writ
to Set aside any assessment made for
any sewer or street improvement OF any
kind after thirty days shall haye elapsed
assessment by the council of such city.
7e. And be it enacted, That, the city
shall not issue any bond or bonds Tor
posal for the same shall first be recon-
mended by the mayor to the city eouncll,
then be approved by the maJorlIy yole
to the voters of hte city at an annual or
special election. and a majority OF the
votes cast at such election shall AVE
voted in favor thereof; and provided,
further. that it shall be lawful for the
city to issue its corporate bond or bonas
for any SUM in the aggregate exceeding
six per cenum of the a value OF
the property rated for assessment; pro.
vided, however, that the provisions OF
his section shall not apply to any city
population exceeding twelve thousand
inhabitants, and all cities to which TINS
act shall apply now or hereafter having
thousand OF more inhabitants. shall nave
he like power and authority as to the is
suance of bonds, for any purpose, as
that conferred upon cities of the second
class in this bsrs state by ynn any, genera to s ,aM,
cities. the same to be issued in like man
ner as the same may be isued by sucn
cities or in the manner ana form R her
obligations, or authorizing tne lss9anG
of the same, under the provisions OF THIS
asstt; ne ~ enacted. That whenever
the mayor and city council Of any city
Incorporated under this act are au.
thorized by the v ve ebe OF c, tne s peSpi BOND ID
or bonds shall bear the name OF the m
provement or purpose for which issued;
said bond or bonds may pc feg.suerea
ed by the city council; they shall be
signed by the mayor and city clerk, with
the corporate seal affixed and counter oua1 t.
made payable in not lesss than five
years or more than thirty. years from
the date thereof respectively, anu smal
interest at not more than 1ye per centuIa
as may be determined by, the city coun-
ell; the interest shall be PAID semi
posed of at public or private sale unoer
such terms and conditions as the councii
may direct, and at not less than paa ~
all moneys derived from the sale OF lne
same shall be used solely for the purpose
for which the same were issued; furtner,
that the interest on said bono OF pqh nn
one-haif per centum of the principal,
as may be determined by lne ely Jul
stitute a Sinking fund for the payment OF
the principal. ~,
Is. And be 1t enacted. That the city
council shall prescribe by resolution or
ord:nanc the manner OF payment oi 81
interest that may fall due on any ea.y
indebtness, wheather the same De ln'e r.
est on bonds, registered or coupon, or
Upon any other class or character OF
7s. And be it enacted, That all o1es.
moneys received and not s~peclhaiIy ap-
propriated, shall be paid into the m
cidental fund. , -, +.xas
and assessments in such city shall bear
interest at the rate OF seven per cenlH ~
per annum from the time the sanie oe-
ca on And he it enacted, That all taxes and
all assessments heretofore or hereafter lev
led. assessed or made upon any lanos, tene-
ments or real estate, situate IN SUCH cry
shall he and reman a len thereon unit palo,
notwithstanding any devse, descent aiiela-
ton. mortgage or other ncumbrance tnereoi,
and f the full amount of any such tax OF
assessment shall not be paid and satlsneo
within such tine as shall be lm1teo anu ap-
pointed by the council for the payment there,
of. it shall and may be lawful for the coucnll
to cause such lands, tenements or real estate
to be sold at pubic auction for the snortes.
term for which any person will agree 10 take
the same and pay such tax OF asssesssment,
or the balance due thereof remaining unpaid,
with the interest thereon, and all costs.
charges and expenses, and to execute unuer
the common seal of said city a declaration
of such sale to be signed by the chairman OF
the council and the city clerk, and to de-
liver the same to the purchaser, and such
purchaser, his executors, Administrators OF
assigns, shall by virtue thereof, lawfully hold
and enjoy the said lands, tenements or real
estate for his and their own proper use
against the owner or owners thereof, and all
persons claiming under him or them, until
said term shall be completed and ended; pro
vided, the said council shall first have caused
said sale to be advertised for at least two
month in one or more newspapers published
in the city, or, if none, then at least IN one
newspaper published in the country and cir
~culating in such city, and also by ADVERTISE
ments put up in at least five public places IN
such city, which advertisement shall pre-
tate and specify the amount of assessment
or tax; and the recitals in such declaration
of sale shall be evidence of the assessment.
advertising and sale; and provided. also, that
the purchaser shall not be entitled to pos
session of lands so purchased until the period
PRED; and provided. also, that the lands, ten
ements or real estate SO sold may be redeem
ed by the owner, mortgage, occupant or per-
son Interested therein, or by any other per-
sons, or in behalf of the owner, mortgage
or claimant of such lands, tenements or real
estate, at ony time within two years after
the sale for either taxes or assessments. or
for both, by paying to the treasurer of the
city for the use of said purchaser, the pur-
chase money, together with any other sum
paid for tax or assessment. which the said
purchaser may have paid, chargeable on such
lands, or real estate and which
he is hereby authorized to do. with interest
annum, in addition thereto: and the GER
tihcate of the city treasurer of the city