The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1899-10-11

City Of Anderson, s. c., upon the
Question of Issuing 1000 Bonds
in Aid of the Ohio River, Ahder-
son & Tidewater Railway Compa-
ny.
Whereas. majority of the freeholders of the
City of Anderson. as shown by the tax books,
have rct;tioned the City Council as provided by
law To order Special Election in said City, sub
mittinG the question of issuing the Bonds of
said City, in an amount not exceeding two thou
sand Dollars, said Bonds to bear interest at
rate not exceeding five per cent. per annum to
mature at such time as the City Council may de-
termine not to exceed thirty years the proceeds
thereof to be used for Corporate purposes, to
wit. in aid of the Ohio River, Anderson & Tide
water Railway Company. And, Whereas the
Present Bonded debt Of the City of Anderson,
inclusive of the amount proposed to be voted
and issued in pursuance of this Ordinance. and
the election hereby authorized will not exceed
eight per centum of the assessed valuation OF
the taxable property in said City shown by
the tax Books of said City. And, Whereas. the
Act of the General Assembly providing for the
issuing of Bonds by Municipal Corporations for
Corporate purposes and for holding special elec-
tions have been fully complied with. Now,
therefore be it ordained by the Mayor and AL
dcrmcn of the ;ty ofAnderson in Council as
sembled and by Authority of the same:
SECTION /. That 4 special election by the
qualified electors of said City he and the same
is hereby ordered to be held in the City Hall in
said City on the 1th day of November, 1899. upon
Of t,.tn
its Bonds to lie known as Rail road Bonds in
AN amount not exceeding two thousand Dollars
TO mature in no, exceeding thirty years, and
bearing interest At Il rate not exceeding 1--we per
cent per annu,n. the proceeds Of said bonds 20
he used for Corporate purposes III aid OF the
ohio River Anderson and Tidcwater Railway
Company and Tor no other purpose.
SEcrIoH3 Tia; the Clerk of the Ciiy Council
shall have prepared sufficient number OF bal
lots of uniform size upon which shall he
printed "Railroa,i Bonds - with 4 blank for the
word Yes or No" to lie written thereon.
Those electors who are in favor of issuing said
bonds shall cast a ballot with the words "Ral
road Bonds" YES printed and written thereon:
those electors opposing the issuingof said bonds
shall cast ballot with the words "Rail road
no other form of ballots shall he counted by the
managers OF said election
SEC g. That NJ L. Tribble. j. i. MCGEE and
J. y. Lewis are hereby appointed managers OF
said special election whose duty it shall he to
open the polls at {? o clock 4. III. on the day anu
at the place herein before designated and close
them at o'clock in the afternoon oi said day;
that immediately upon closing oi the polls the
said managers shall proceed to count the votes
cast. declare the result and certify the same to
the mayor.
SEC That the Clerk of the City Council is
hereby required 10 have this ordinance published
as required bv law Said Clerk shall also open
Books of Registration for the purpose OF regis
terng all persons qualified under the Constitu-
ton and laws Of this State to votea said special
election on the 9th 10th and 9Th October. 1s?l,
and until T. o'clock m on the 18th day OF Octo-
Der, 1s99 when said Books shall be closed. Notice
of the time and place of such registration shall
be given by the Clerk of the City Council 10y
publishing the same required by law. In
case any one or more Of the managers ol the
said special election herein ordered shall decline
TO serve, the mayor is hereby authorized to
name or substitute other managers FOR chose so
declining to serve.
Src.5. If at the said election the vote shall
he in favor of issuing said Bonds, tile sad
Bonds shal' ne issued after the lst day of March
1900.
SEC. &. If the vote at said election sail he i'll
favor of issuing said l;onds the said Bonds
shall he issued as above provided for, AMI when
sold the proceeds shall be paid int" the Clty
Treasury and shall be paid over by the City
Treasurer to the said corporation. /" wit; the
Ohio River, Anderson x Tidcwater Hallway
Company, upon the said companys ISSUING 10
take City Of Anderson stock in said corporation
to the amount of said pr"cceds 80 IL I" place
the Civ of Anderson on the same basis rs other
Stockholders
Done and ratified by the mayor and aldermen
of the City of Anderson. 5. c.. i'll council a>scm-
blcd. and the seal of said City duIT affixed this
9Th day of October, A. d. 1S!t.
JNO. X. HOOD. MAYOR.
Attest: j. Il. LEWIS City Clerk pro TEN.