The Providence news. (Providence [R.I.]) 1891-1906, 1900-05-04

laws or the state OF hhoue islano ana
Providence Plantations, acknowledges 1t
self held and firmly bound unto;
q, .n s,ar assigns :,a Y 'ne ,,, sun
the United States Of America, equal to
the present standard OF weight and iine-
ness. which said City of Providence prom
az at the dsiice s Oils OF It's treasurer on the irst
day OF May. I'm the year nineteen hundred
and thirty. with Interest from the ilrst
per- per- centam per annam. payable in like like
gold coin of the United States of Amer
lea AZ the same place. on the first day.,
OF May and Novcmebr In each year until
said, principal sum Is fully paid. This
bond Is transferable only by order OF the
sentative endorsed hercon. and upon no.
tice 10 said City Treasurer
In Testimony Whereof. the City ~
to be hereunto % afixed AN and ,his bond Iei to
be signed by It's Treasurer and counter
signed by It's Mayor. this. day OF
'.'.'...'.'A d. nineteen l,,. hundred, .c.:. d,..;..
Secured by sinking fund.
Countersigned by
Registered by
Observation-Disclosures. Clerk
Sec. I. The holders of said coupon bonds
may at any time exchange the same for
registered bonds payable at the office OF
the City Treasurer.
Sec $. Whenever any OF said coupon
bonds are surrendered for exchange. said
treasurer shall cancel said bonds so sur
rendered by writing or stamping upon
with his official signature and the date of
such surrender and the coupons on all
said bonds 80 surrendered. upon said
Committee on Finance. who shall cause
the said coupons to be burned.
Sec. o.. The city Council shall annually
appropriate a sum sufficient to pay the
semi-annual interest on said bonds as
such interest becomes due.
Sec: 10. All ordinances and parts OF or
dinances inconsistent herewith are hereby
CHAPTER 6s.
An Ordinance Providing for the Issue OF
Sewer Bonds.
tApproved April IA. 1900
IL Is ordained by the City Council OF the
city. OF Providence as follows:
Section J. The city of Providence will
issue the bonds of said city to the amount
OF three hundred thousand dollars. un-
S.n.n,n Ger and by virtue Of 9th the provisions Of
session, A. ID. 1875. and Chapter ssi OF the
puDuc laws passed by the General As
sembly AT It's May session. a. ID. 1883,
and Chapter 9i2 of the public laws passed
by the General Assembly at it's January
session, A. ID. 1891. and Chapter 1891 OF the
public public laws passed by the Genera, As
titled AN Act In amendment OF Chapter
io5 or The public laws, entitled An Act
sue Sewer Bonds and TO establish sink
Ing fund for the redemption thereof.
passed at the January session, 1875, and
the several acts In amendment thereof"
Sec. 9 The City Treasurer. with the
advice and consent OF the Joint Stand
ing Committee on Finance. shall sell and
dispose OF such bonds and receive the
proceeds arising from such sale. and said
proceeds shall be applied for the pur-
pose named In said chapters OF the pub
lie laws. and for no. other purpose; but
said bonds shall not be sold Tor less than
their par or face value.
Sec. 3 Upon the sale of said bonds, or
mn ls.h
issue HH amount of said bonds In accord
ance with such purchase or purchases
payable at the time hereinafter named,
with interest at the rate OF three per
ccntum per annum. payable semi-annual-
ly on the first days of May and Novem-
ber. In each year, after the date there
Sec. 4. The principal OF said bonds shall
he. payable on the first day of May I'm
the, year nineteen hundred and thirty.
and both principal and interos-sshall be
paid In gold coin OF the United States OF
America equal TO the present standard
s g ssaS sd of Ne% yss York & ans ans M pr
shall be paid to the Commissioners Of
said bonds. Said bonds shall be signed
by the City Treasurer and countcrsigned
by the Mayor. and registered by the CITY
shall he signed by the City Treasurer
only. The holders of said coupon bonds
may at any time exchange the same for
Sec S. The City Council shall annual-
ly appropriate the sum of six thousand dol
lars for the redemption OF said bonds at
maturity. together with a sum sufficient
TO pay the semi-annual interest thereon
as such interest becomes due.
Sec u. All ordinances and parts Of or.
dinances inconsistent herewith are hereby
CHAPTER 50.
An Ordinance Providing for the Issue OF
Highway Bonds
tApproved April IA. 1900.
1t Is ordained by the City Council of the
City OF Providence as follows:
Section l. The city of Providence will
issue the bonds OF said city TO the amount
of three hundred thousand dollars under
and by virtue OF the provisions or Chap
ter $40 OF the public laws of the state
passed by the General Assembly at its
January session, isso; ana OF % CHAPTER @ lss'
sion. 1885, and OF Chapter sS5 OF said laws
passed at the January session. 1899
der the direction of the Committee on
Finance, shall sell and dispose OF such
bonds; and said Treasurer shall receive
the proceeds arising from the sale Of
said bonds and said proceeds shall be APP
piled for the purpose named I'm said chap
,ers aud for no other purpose, , but ,had saia
their par or face value.
Sec g. Upon the sale of said bonds.
said City Treasurer shall upon the pay
ment therefor. issue or cause 10 be Is
sued. under the corporate name and seal
of the City OF Providence. to the person
or persons purchasing the same. an
amount OF said bonds of the city OF
| Providence I'm accordance with such pur-
! chase or purchases I'm equal amounts OF
| one thousand dollars each. payable at
the time hereinafter named. with In
terest at the rate of three per centnm
| per annum, PAYABLE seni-annually on the
| first DAYS OF May and November in each
| year after the date thereof, with inter-
| est warrants annexed To each bond for
| the several sums of interest 10 become
| due semi-annually as aforesaid or In reg
| istered bonds rs hereinafter provided.
| See T. The principal of said bonds shall
| be payable on the first day of May In
| the year nineteen hundred and thirty.
| and both principal and interest shall be
| paid in gold coin of the United States Of
America, equal to the present standard
| OF iineness and weight. at the National
| City Bank OF New York. and all pre-
I miums or surplus over and above the
par value OF said bonds. which may be
| received from the sale thereof shall be
| irrevocably pledged and appropriated TO a
sinking fund for the redemption of said
bonds.
sec. s. Said bonds shall be signed bv
| the City Treasurer and couptersigned by
| the Mayor. and registered by the CITY
| Clerk. who shall certify the registry of
| each bond: and the certificate OF the city