The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1895-07-05
ORDINANCE NO. 81.

The following ordinance was passed by
| the Town Council at a meeting held May 22.
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. r. Rngrose, for Personal Injuries
Received and also Purchase Real Estate
and the Equipment Of a Plant to Furnish
| Light for the said Town, and to Pay the
Expenses Incident to the Opening Of TeTer.
| son Street and North Street, Ordained to be
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 BloomsburC amounts 70
the sum Of c57,o4o, and in addition thereto
there is an existing Indebtedness for out.
standing ordcrs-the sum of St2, ZOO and
for the judgment obtained against the SAID
| Town, for personal injuries received by w.
| r. Ringrose together with the interest,
| costs and expenses incident to the litigation
| concerning the same, amounting to about
| 7,ooo-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 agreeabIy 10 the
/ action OF the corporate Authorities OF said
f..f.. H.. !
| that the interests Of the SAID Town will be
the better subseryed by the procurement of
| q 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 he 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 ordained and exac;ed
Sec 7. 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.
K. Rngrose 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 aud
, Highways thereof and to pay the damages,
| costs and expenses FOR the opening of Tcffer-
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 deuomi-
nations Of $500, S2oo and 500 each, with
! coupons attached, and bearing interest at
| four and half per centum, 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-
| iiyered 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 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 NleIk Ol lne IOutt OF Quarter SeSSlOns
of the Peace of Columbia County, attested
by the Secretary of the Town Council, the
statement required by law.
Sec. 4. That notice be given agreeably
to the provisions of the Act of Assembly of
| April 20, 1874, and its supplements, by ad-
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.
Ringrose judgment and to pay the
Expenses Of Plant for Light and of Opening
Jefferson and North Sts., Total $4o.soo =
land he shall also prepare and distribute