The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-06-07
N0ftGE OK ELECTION.

Chfef snf Nv ftae ~ resolution of
$50 f;1sta Of & 8agmfn ~ she city Of
tsaiafzf. pissed & r.l 5th. 1879 10 pur-
s8sHse ~ sta s8s{4 s5'g given 10 sn act
~ ffa Gsthv4s &Ss@g w ~ %aFrh Caro-
bha ~ $3.50 fStt6es febparg 18th,
1870, entitled "&a Nef 10 Authorize
ibe ejfg ~ ts5eika ~ issue sgaA& for
public Improvements aa9 - lcry a
sproa' taS," osf3ea j. Asfe5y given tbat
p spehial slsffasb wyW he Bod AZ The
gariDps polling paeeS Aetssaaffnr named
On fhe l&'h Dag Ut @abs. 1899. f0f shs
purpose ~ obtaining tar consent ~
majority ~ ihe qualified yHtttS u esd
city 20 fbc sssuaaee NJ tsis i~s.5s gfoyla.
Cd for 10 sections ! and & ~ sad act,
% follows
seniou !. That Tor 'he psepDse ~
paving. matchmaking Ah4 Otherwise
improving such ~ the p9b.5c streets -
the City 0f Raleigh as fh~ hoard ~
Aldermen If said city may datagM. ne 40
improve. aud Tot making kHesl other 5rgit-
he improvements ~ the said board ~
aldermen may determine ~ make. ihe
city Of Raleigh is hereby authorized aud
empowered 70 Isene Its bonds t9 an
amount not exceeding one hundred thou
sand dollars, 81 such denominations and
in such proportions as tho Board ~
Aldermen may deem advisable. bearing
interest from the date thereof az q rate
not exceeding fye per ceutHm per an
mum, with interest coupons attached,
payable half yearly, at such times and at
such place or places as may bc deemed
advisable by said Board Of Aldermen;
said bonds TO be Of such form aud tenor
and transferable in such way. and the
prin"i )al thereof payable or redcema-
bic At such time or times. not exceeding
thirty years from the date thereof and
at such place or places as the Board u
Aldermen may determine.
Section .. iaat Tor tie 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 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 10
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
uaton 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 coll
lected, and shall be accounted for and
kept separate from other city taxes, and
shall he 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 DO
turned over to the commissioner of the
sinking fund of the city of Raleigh,
whose duty it shall be, uader such gen
eral rules and regulations as said Board
of Aldermen shall from time to time pre-
scribe, to make investments of so much
TO him as aforesaid, as shall be applica-
BILE 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 )
inches long, of white book" paper, III
weight 40 pounds to the ream, without
device, mutilation or ornamentatlon,
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: San 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-wlt.:
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-
auired by said act authorizing said cleo
ton and issuance of bonds and ordered
by said Board of Aldermen. The