The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-22
NOTICE OF ELECTION.

Under and by virtue of resolution OF
the Board of Aldermen of the city of
Raleigh passed April 9TH, 1899, in pur-
suance of the authority given in an act
| of the General Assembly of North Caro-
| lima of 1899, ratified February 2Sth,
1899, entitled: AN Act to authorize
the city of Raleigh to issue bonds for
| public improvements and to levy a
| special tax" notice is hereby given that
a special election will be held at the
various polling places hereinafter named
| on the 18th day of June, 1899 for the
| purpose of obtaining the consent of
majority of the qualified voters of said
| city to the issuance Of the bonds provid-
| ed for in Sections l and of said Act,
| as follows:
Section /. That for the purpose of
| paving, macadamizing and otherwise
| improving such of the public streets of
| the City of Raleigh as the Board of
| Aldermen of said city may determine to
| improve, and for making such other pub
| lie improvements as the said board of
| aldermen may determine to make. the
city of Raleigh is hereby authorized and
empowered to issue its bonds to an
amount not exceeding one hundred thou
| sand dollars, of such denominations and
in such proportions as the Board of
| Aldermen may deem advisable, bearing
| interest from the date thereof at rate
not exceeding FIVE per centum per an
| mum, with interest coupons attached,
payable half yearly, at such times and mt
such place or places as may be deemed
| advisable by said Board of Aldermen;
said bonds to be of such form and tenor
and transferable in such way, and the
| principal thereof payable or redeema-
bic at such time or times, not exceeding
thirty years from the date thereof, and
at such place or places as the Board of
Aldermen may determine.
Section ). That for the purpose Of
providing for the payment of the inter
est accruing on and the principal at ma
| turity of the bonds issued under au-
thority of this act the Board of Alder
men of said city shall annually, and at
the time of levying other city taxes,
levy and lay a particular tax ON all
| persons and subjects of taxation ON
which the said Board of Aldermen now
are or may hereafter be authorized to
lay and levy taxes for any purpose what
sOever, said particular tax to be not
less than six or more than eight cents
on the one hundred dollars assessed val
uation ON property, and not less than
| eighteen nor more than twenty-five
cents on each taxable poll. The taxes
provided for in this section shall be col
lected. and shall be accounted for and
| kept separate from other city taxes, and
| shall be applied exclusively TO the pur-
poses for which they are collected. So
| much of said taxes as may be required
| to pay the interest on the bonds issued
by authority of this act, as it falls due,
| and cannot be applied to the purchase
| or discharge of the bonds for which said
| taxes are levied and collected, shall be
invested so as to secure the payment at
| maturity of the principal of the said
| bonds; and to insure the due investment
of the amounts collected from year to
| wear in excess of that required to pay
] the said interest the Board of Alder
men shall cause the said excess to be
| turned over to the commissioner of the
| sinking fund of the city of Raleigh,
| whose duty it shall be, under such gem
| eral rules and regulations as said Board
| of Aldermen shall from time TO time pre-
| scribe, to make investments of so much
| of the taxes collected and turned over
| to him as aforesaid, as shall be applica-
bic as aforesaid to the payment of the
| principal of said bonds issued under this
act, and to do or perform all such other
| services in connection with said bonds
as said Board of Aldermen may pre-
scribe, and such commissioner shall give
bond and receive such compensation for
| his said services as said Board of Alder
men may determine"
Those qualified voters approving the
| issue of the bonds and the levy and col
| lection of the particular taxes as above
| provided for shall deposit in the BALLOT
box ballot, ~ inches wide by 3
| inches long, of white book" paper, in
weight 40 pounds to the ream, without
device mutilation or ornamentation,
upon which shall be printed in plain
long primer type the word "approved;"
and those disappearing the same shall
deposit a like ballot with the printed
| word "Disapproved."
That said election shall be held under
| the provisions of an act of the said
| General Assembly of 1899, ratified
March 9th, 1899, entitled: IAN Act to
| provide the manner of election and the
registration of voters in cities and
| towns, and for elections upon local ques-
tons in counties and townships" in the
four wards or voting precincts provided
| in said act authorizing said election and
| issuance of bonds as aforesaid, to-wit.:
First Ward or voting precinct: Bound
ed on the south by HillsbOro street, on
the east by Halifax street, and on the
north and west by the city limits.
Second Ward or voting precinct:
| Bounded on the south by Newbern ave-
nue.. ON the west by Halifax street, and
on the north and east by the city
limits
Third Ward or voting precinct:
| Bounded ON the north by Newben ave-
| nue., ON the west by Fayetteville street,
| and ON the south and east by the city
| limits.
Fourth Ward or voting precinct:
Bounded on the north by Hillsboro
| street, ON the east by Fayetteville
street, and on the south and west by
the city limits.
A new registration shall be had as re-
ouired by said act authorizing said cleo
ton and issuance of bonds and ordered
/ by said Board of Aldermen The