The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1895-06-07
ORDINANCE NO. 81.

ORDINANCE No. 81.
The following ordinance was passed by
the Town Council at meeting held May az
An Ordinance to Provide for an Increase
Of Indebtedness Of the Town of Bloomsbury.
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 Jeffer-
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 S57,o4o and in addition thereto
| there is an existing Indebtedness for out
| standing orders-the sum of ST2, 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
S7ooo which outstanding orders and
| judgment are bearing six per cent, interest
L
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 approximatinc
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 agreeably 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 subserred 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 he it ordained and enacted by
the Town Council of the Town Of Blooms.
burg, and it is hereby ordained and exacted
Sec. l. That for the purpose of funding
the debt OF the said municipality as evidenced
10y 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.
Il. Ringrose against said Town 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 leiler-
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 $40, 500.
Sec. ?. That bonds be issued in denomi-
nations of $500, $500 and 500 each, with
coupons attached, and bearing interest at
tour and hall per ccntum, per annum, pay
able semi annually, 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-
hvered in accordance with, and subject to
such regulations and resolutions as the Presi.
dent and Town Council may adopt
Sec. 5 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 Bloomsbury. 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 and file with
the Clerk of the Court of Quarter Sessions
OF the Peace of Columbia County, attested
by the Secretary OF the Town Council, the
statement required by law
Sec. 4. That notice lie given agreeably
to the provisions Of the Act Of Assembly of
April 20, 1874, and irs 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. s. 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.
kingrose judgment and to pay the
Expenses OF Plant for Light and of Opening
Jefferson and North Sts., Total S4o.Soo .
and he shall also prepare and distribute
tickets labelled on the outside "Increase the
Debt" and containing on the inside "No
Increase of Debt" also the words For
Loan 10 Fund Outstanding Orders and the
w. X. 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 its 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 Nav 2Ist ISoe