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

tho tf,y ot Providence. "a municipal cor
yora'ion legally Incorporated under the
laws of the state of Rhode Island and
Prosidence' Plantations. acknowledges H.
sen held and iirmiy bound unto, ...,,.....-
=, - ...:' ~. or. 80. assigns. IA the, SUM
the United States Of America, equal 10
the present standard OF weight and fine
ness which said City OF Providence prom
at the Office % az its treasurer on the ',h srss
day OF May. In the year nineteen hundred
and thirty. with interest from the first
per centum per annum. payable In like
gold coin OF the United States OF Amer
of May and Novemsbr In each YEAR YEAR mnffii
said principal sum Is fully paid. This
bond is transferable only by order of the
sentative endorsed hereon, and upon no
tlce 10 said City Treasurer.
In Testimony Whereof. the City ~
TO be hereunto affixed and this bond TO TO
be signed by its Treasurer ana counter
signed by itS Mayor. this. day OF
Secured by Sinking Fund.
countersigned by
Registered by
Sec. Z. 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
tne ,n same am t,s,a !hs Tord eanceiled together
such surrender and the coupons on all
SAID bonds So surrendered. upon said
Committee on Finance. who shall cause
the said coupons 10 he burned.
Sec. o. The city Council shall annually
appropriate a sum sufficient to pay the
Spmi-annllal
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.
tApprovcd April H. 1900
IL Is ordained by the City Council of the
City. Of Providence az follows:
Section I. The City Of Providence will
issue the bonds of said City to the amount
OF three hundred thousand dollars. un-
der der am, and by BY virtue Of the provisions OF
session. A. ID. 1879. and Chapter 3S4 of the
public laws passed by the General As
sembly at it's May session. A. ID. 1883,
by the General Assembly at its January
session. A. ID. 1891, and Chapter 1871 Of the
public laws passed by the General As
sembly at Its January session. 1893, en-
titled IAN Act I'm amendment of Chapter
4S3 of the public laws, entitled An Act
authorizing the City OF Providence 10 Is
sue Sewer Bonds and to establish a sink
ing fund for the redemption thereof.
passed at the January. session, 1875, and
the several acts n amendment thereof"
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
sai hn sol IaSe hu
their par or face value.
Sec. 3. Upon the sale OF said bonds. or
any part thereof. said City Treasurer shall
issue an 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
ly on the first days of May and Novem-
ber. in each year, after the date there-'
of.
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 ana interest shall be
paid in gold coin OF the United States OF
America equal to the present standard
OF fineness and weight, at the National
mums received from the sale thereof.
shall be paid to the Commissioners OF
Sinking Funds for the redemption Of
said bonds. Said bonds shall be signed
by the City Treasurer and countersigned
by the Mayor, and registered by the City
Clerk. The interest warrants or coupons
only. The holders Of said coupon bonds
may at any time exchange the same for
registered bonds payable at the office OF
Sec. s. The City Council shall annual>
ly appropriate the sum Of six thousand dole
lars for the redemption OF said bonds at
maturity. together with sum suffictent
TO pay the semi-snnual interest thereon
az such interest becomes due.
Sec. t. All ordinances and parts OF orr
dinances Inconsistent herewith are hereby
CHAPTER 80.
An Ordinance Providing for the Issue OF
Highway Bonds
Improved April IA. 1900.
II Is ordained by the City Council Of the
City Of Providence as follows:
Section l.. The City of Providence will
OF three hundred thousand dollars under
and by virtue OF the provisions of Chap
ter $40 of the public laws of the State
January session. 1890; and of Chapter 1888
of said laws passed at the January ses-
sion, 1895, and OF Chapter 6S5 OF said laws
passed at the January session, 1899
Sec. 3 The City Treasurer, acting un-
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 ap-
piled for the purpose named In said chap
ters and for no other purpose; but said
bonds shall not he sold for less than
their par or face. value.
Sec. 5. Upon the sale or said bonds.
said City Treasurer shall upon the pay
ment therefor. issue or cause to 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 bopds OF the City OF
Providence, in accordance with such pur-
chase or purchases In equal amounts 81
one thousand dollars each. payable at
the time hereinafter named. with in
terest at the rate OF three per ccntum
per annum, payable semi-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 to become
due semi-annually as aforesaid or in reg.
istered 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 I'm gold coin of the United States OF
America. equal to the present standard
of fineness and weight, at the National
city Bank OF New York. and all pre-
mitms 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 q
sinking fund for the redemption of said
bonds
Ca cafd hands sha1I he eteucJ hv