The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1895-06-21
ORDINANCE NO. 81.

the Town Council at a meeting held May ~.
An Ordinance to Provide for an Increase
of Indebtedness Of the Town Of Bloomsburg,
in order to fund the Present Indebtedness of
said Municipality as Evidenced by Outstand-
ing Orders, and Judgment of Court in an
Action for Tort, for Damages Sustained by
w. X. Ringrose, for Personal Injuries
Received and also Purchase Real Estate
and the Equipment of Plant to Furnish
Light for the said Town, and to Pay the
Expenses Incident to the Opening of Jelfer-
son Street and North Street, Ordained to he
Opened by Previous Councils, and for OBJ
tanning Consent of the Electors of said
Municipality thereto.
WHEREAS, The existing bonded indebted.
ness of the Town of Boomsburg amounts to
the sum Of $4,000, and in addition thereto
there is an existing Indebtedness for out
standing orders-the sum of SI2, 500 and
for the judgment obtained against the said
Town, for personal injuries received by w.
Il. Ringrose together with the interest,
costs and expenses incident to the litigation
concerning the same amounting to about
$1,000 which outstanding orders and
| Judgment are bearing six per cent, interest,
| and it is desirable to fund the said indebt-
edness by the substitution of another form
of Indebtedness bearing lower rate Of
| interest.
AND WHEREAS, Also the said Town is
now at an annual expense approximating
S44oo for the furnishing of Lights for its
| Highways and Streets, and there is demand
| made for the immediate opening of Jefferson
Street and Of North Street aCreeably to the
action of the corporate Authorities of said
| Town, heretofore had and it is believed
that the interests Of the SAID Town will be
the better subserved by the procurement Of
a plant and the necessary appliances, for the
furnishing of light for the Highways Of said
| Town and TO be owned by the said Town /;
and by the immediate opening of the High.
| ways mentioned and previously ordained.
| Therefore be it ordained and enacted by
the Town Council Of the Town OF Blooms.
| burg, and it is hereby ordain ed and exacted
| Sec. 1. That for the purpose of funding
the debt OF the said municipality as evidenced
| by the existing and outstanding orders Of the
| said Town, and for the payment of the
| judgment, interest, costs and expenses
incident to the litigation of the claim of W.
| X. Ringrose against said TowIf for personal
injuries received by him as well as for the
| purpose of procuring real estate and the
necessary machinery and appliances for the
! furnishing of the light for the Streets and
| Highways thereof; and TO pay the damages,
costs and expenses for the opening Of Jeffer-
son Street and North Street is already
ordained, that the bonded indebtedness Of
the said Town of Bloomsburg be increased
in the sum of Forty Thousand Eight Hun.
dred Dollars (S4o Soo)
Sec. ?. That bonds be issued in denomi-
nations of $500, 5000 and 500 each, with
coupons attached, and bearing interest at
| four and half per centum, per annum, pay
| able semiannually, to secure the payment of
| the Indebtedness hereby created, all of which
| shall be payable within twenty years from
| the date of issue which bonds shall be in
| such form, and be executed, issued and de-
| liyered in accordance with, and subject to
| such regulations and resolutions as the Presi.
dent and Town Council may adopt.
Sec. 3. That an annual tax commencing
with the first year after such bonds shall
| have been issued of at least two mills on the
| dollar of the assessed valuation of taxable
property in said town of Bloomsburg, be
hereafter annually levied and collected for
the purpose of repaying the said indebt.
| edness and the interest thereon and that
| the President of the Town Council is hereby
| authorized and directed to make andhle with
| the Clerk OF the Court of Quarter Sessions
|
| by the Secretary of the Town Council, the
| statement required by law.
Sec. q. That notice be given agreeably
to the provisions of the Act of Assembly of
April 20, 1874, and its supplements, by adj
| vertisement published in THE COLUMBIAN,
Democratic Sentinel" and columbia
County Republican," and by twenty printed
| hand bills, posted in the most public parts
| of said Town, that an election will be held
at the usual places of holding the general
/ and municipal elections in the said Town of
| Bloomsburg, on Tuesday, the Sixteenth day
| OF July, a. D., 1895, between the hours
provided by law for holding of general
| elections, for the purpose of obtaining con-
| sent of the Electors of said Town to such
| increase of Indebtedness.
| Sec 5. That the President of the Town
| Council shall cause to be prepared and dis
tributed printed tickets labelled on the out
| side " Increase the Debt" and containing
| on the inside the words ''Debt may be In
! creased also the words "For Loan to
Fund Outstanding Orders and the w. X.
| Ringrose judgment and to pay the
| Expenses of Plant for Light and of Opening
| Jefferson and North Sts., Total $4o.Soo )"
| and he shall also prepare and distribute
| tickets labelled on the outside "Increase the
DeDt ana containing on the inside mo
Increase of Debt" also the words " For
Loan to Fund Outstanding Orders and the
w. r. Ringrose Judgment and to pay the
Expenses of Plant for Light, and of Opening
| Jefferson and North Streets, Total $40, Soo;"
| that due notice be given to the Electors of
the Town of Bloomsburg in the manner
prescribed by the 3rd Section of the Act of
| 1874 and lis supplements, said notice to con-
tain statement Of the last assessed valua.
| tion of taxable property in said Town, of the
amount of the existing debt, Of the amount
and percentage of the proposed increase, and
the purposes for which the Indebtedness is
| to be increased
Passed and approved May 2Ist, 1895,
S. c. GREASY, President.
Attest r. H. RINGrER Sec. Of Town
Council.
NOTICE TO ELECTIONS.
Notice is hereby given to the qualified
Electors of the Town of Bloomsbury that in
pursuance of an Ordinance to Provide for an
Increase of Indebtedness Of the Town OF
gl,tr, in I'D t,, 4