The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-18
NOTICE OF ELECTION.


suance of the authority given in an act
of the General Assembly of North caro-
lima Of 1890. ratified February 2Sth,
1899. entitled: IAN Act to authorize
tbe (ity of Raleigh to issue bonds for
public Improvements and to levy
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 u
majority of the qualified voters of said
city to the issuance of the bonds prOyid-
ed for in Sections / and 3 of said Act,
as follows:
Section t. 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 "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
principal thereof payable or redeema-
bic at such time or times, not exceeding
a., a nj
mt 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
ration 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
iected. 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
10 pay the interest on the bonds issued
by authority of this act. as il 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 10 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 tire commissioner of the
sinking fund of the city of Raleigh,
whose duty it shall be, under such gem
eral rules and regulations rs 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 appllca-
bic as aforesaid 10 the payment of the
principal of said bonds issued under this
act, and 10 do or perform nil such other
services in connection with said bonds
as said Board Of Aldermen may pre-
scribe. and such commissioner shall give
bond aud receive such compensation for
his said services as said Board of Alder
men may determine
These 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, IL inches wide 10y :
inches long, of white book paper, in
weight 40 pounds TO the ream, without
device. mutilati0n or ornamentati0n,
upon which shall he 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 1890, ratified
March 9Th 1899, entitled; IAN Act 10
provide the manner of election and the
registration of voters in cities alld
towns, and for elections upon local QueS-
tons in counties aud townships" In the
four wards or voting precincts provided
in said aet authorizing said election and
issuance of honds as aforesaid, to-wit,;
First Ward or voting precinct Bound
ed ON the south hy Hillshoro street on
the east by Halifax street, and on the
north and west 10y the city limits.
Second Ward or voting precincts
Bounded ON the south Icy Newbern ave.
nue. ON the west by Halifax street ami
on the north and east by the eity
limits
Third Ward or voting precinct:
Bounded oa 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 HillShoro
street, on the east by Fayetteville
street, and ON the south and west hy
the city limits
A new registration shah he had us re-
luired by said act authorizing said elcc-
ton and issuance OF bonds and ordered
~ said Board Of AldermeN. The
registration books viii he orea for reg
stratiou of voters from sunrise to sunset
'or ten days, Sundays excepted. hegip,
4 49,. Aa.4t 4 z.