The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-05-05
NOTICE OF ELECTION.

Under and by virtue of a 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: IAN Act to authorize
the city of Raleigh to issue bonds for
public improvements and to levy
special tax" notice is hereby given that
special election will be held at the
various polling places hereinafter named
on the 10Th day Of June, 1899, for the
purpose of obtaining the consent of IL
| majority of the qualified voters of said
city to the issuance of the bonds prOvid-
ed for in Sections / and ) of said Act,
as follows:
Section /. That for the purpose of
paving, matchmaking 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
| in such proportions as the Board Of
Aldermen may deem advisable, bearing
| interest from the date thereof at a rate\
not exceeding five per centum per an
mum, with interest coupons attached,
payable half yearly, at such times and at
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
| prir"i ,al thereof payable or redeema-
| BILE ut 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 ut
| the time of leyying 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
| soevcr, said particular tax to be not
| less than six or more than eight cents
|
| 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
| year 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
| cral 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 a ballot, ~ inches wide by 3
| inches long, of white ."book" paper i'll
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 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 Newbern 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-
quired by said act authorizing said elec-
ton and issuance of bonds and ordered
by said Board of Aldermen. The