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

cIIAprER G5.

| fAdih CkItttN.
lApprosol April a.. 1850
| II IS ordained by the city Council Of the
| Slty OF lrovidence as follows:
section j. Permission is hereby granted
4 70 the Provldence Telephone Company I'd
buiid, maintain, use and operate Tor tele-
pn9ne purposes, subways, conduits, pipes
ana necessary manholes and appurten-
ances ior carrying wires IN, under ana
along Park street, from Kingsley avenuo
TO smith street; smith street. from PARK
| smith street to- Orms street: Benefit
street, from Hopkins street To George
street Pavilion avenue, from Rugby street
| 10 iifoad street; and also 10 erect. main
/ tam ana use poles aud wires for tele-
| phone purposes IN, over and along Mary
lana avenue. from New York avenue TO
the city line; Massachusetts, avenue. from
Virginia avenue Ca Maryland avenue;
Vermont avenue, from Eddy street 10
Maryland avenue; Carpenter street. from
| Jackson street to knight street; and
River avenue. from Gladstone avenue TO
Eaton street, I'm accordance with the ac-
OF Public Works. provided, said supways,
| poles and wires snail be built and oper-
ated subject. TO all of the conditions con
tained I'm Chapter 81 or the city ordi-
nanccs entitled Wires" and of the sew
eral ordinances whereby said company
Is authorized 10 carry on telephone bust
| ness IN the city OF Providence. ~
CHAPTER 66.
An Ordinance Permitting the Union Rail
! road Company TO Lay Rails and to Erect
Poles and Wires in Certain Streets.
| IApproved April IA, 1901
IL Is ordained by the City Council of the
| city OF Providence as follows:
SECTION ]. Permission Is hereby granted
| to the Union Railroad Company In addi-
| tion TO the rights now possessed by IL
! 10 lay, maintain and use rails for single
| tracks with suitable turnouts and To erect.
! maintain and use poles and wires for
| the operation OF its cars by the electric
trolley system for the extension OF. its
lines lines In chalkstone Avenue. from Aca-
| Charles street, from Admiral street to
| the city line; Hope street, from Rocham-
beau avenue TO the city line; smithfield
avenue, from Branch avenue to the city
line; Bassett street, from end OF the
| present track TO Elm street: thence In
( Elm street To Plain street. Plain street
from Elm street 10 Public street; also To
| lay. maintain and use rails for a double
track, and 10 erect, maintain and use
| poles and wires for the operation OF its
| cars by the electric trolley system In
| Dorrance street, from Weybosset street
! To Dyer street; and also To lay rails for
broadway. from Pallas street 20 Balu-
| more street substantially In accordance
with the accompanying plans
Sec. = The condition or this ordinance
is that no rails shall be laid I'm Charles
street. from Hagan street TO the city
line until that portion of Charles street
shall be laid In Smithfield avenue until
said avenue is brought 10 grade and
Sec. 3. All OF said rails shall be laid
under the supervision and control OF the
| Joint Standing COMMITTEES OF the City
Council on Railroads, and In accordance
contained " Shaptera q OF the City ordi
"a ase Of % any IN
amendment thereof or in addition there
/ CHAPTER 81.
An Ordinance for Issuing Loan for Re-
4 OF the CITY of Providence.
LApproved April IL. 1900
IL Is ordained by the City Council of the
city OF Providence as follows: :.
Section l. The City of Providence viii
Issue bonds of said city TO the amount OF
two million six hundred and sixty-six
the provisions Of Of ans, an act i of II the General
| Assembly of the State. OF Rhode Island.
passed at the January session a. d. 1909,
| entitled AN Act To provide for refund
ing portion of the water loan of the
City OF Providence.
Sec @ The city Treasurer, acting un-
der the direction and advice of the Joint
Standing Committee on Finance. shall
sell and dispose OF such bonds; and said
ing from the sale ee of s ssch rPsss bonds arS ad
said proceeds shall be applied for the
| payment at maturity of the bonds now
| outstanding and heretofore Issued by the
| City. of Providence, under the authority
| of Chapter $40 of the public laws. passed
bv said General Assembly at its January
| session. 1866, and of Chapter 7M OF said
| laws, passed at the January session. 1862
! or for the purchase OF any of said bonds
| before maturity, at such price as said
| treasurer with the advice of said Com
mttce on Finance shall determine, and
| for no other purpose; but such bonds
shall not be sold for less than their par
| Sec. g. Upon the sale of said bonds
said City Treasurer shall, upon payment
therefor, issue. or cause To be issued
the City of Providence. TO the person or
! persons purchasing the same. an amount
| OF said bonds Of the City OF Providence
! in accordance with such purchase or pur-
| chases, in equal amounts of one thou
| sand dollars each, payable at the time
hereinafter named. with interest at the
| rate of three per centum per annum, pay
| able semi-annually on the first days OF
May and November in each year after
annexed to each bond for the several
sums of interest. 10 become due semi. .an-
nually aforesaid or In registered bonds
as hereinafter provided;
| Sec. 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 stand
ard of fineness and weight at the Ma
| tional City Bank OF New York, and all
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; and the receipts for water rents
after the payment OF the cost OF man
| aging the water works and the payment
| of the interest on any notes or bonds of
said city issued on account OF the con-
struction of said water works. shall be
appropriated TO n sinking fund for the
| redemption OF all water bonds of said
| city as the same shall become due.
Sec. 8. Said bonds shall he signed by
| the CITY Treasurer and countersigned by
| the Mayor and registered by the
| City Clerk. who shall certify the reg
istry OF each bond; and the certificate OF
! the City Clerk that said bonds have been
| registered by him shall be conclusive evi-
| dence that said bonds have been issued
| and sold az hereinbefore provided. The
| interest warrants or coupons shall he
| signed by the City Treasurer only.
Sec. 6. Said bonds shall be substantial
| ly I'm the following form:
Form OF Coupon Bond)
UNITED STATES OF AMERICA.
city Of Providence.
| No. 5000
| State OF Rhode Island and Providence