The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-05-21

eigh is hereby authorized and empowered
to issue it's bonds to an amount not eX-
ceeding One Hundred Thousand Dollars,
of such denomination and in such proper
tien as the Board of Aldermen may deem
advisable, bearing interest from the date
thereof at a rate not exceeding five per
centum per annum with interest coupons
attached, payable half yearly, at such
times and at such place or places as may
be deemed advisable by said Board OF
Aldermen, said bonds to be of such form
and tenor, and transferable in such way,
and the principal thereof payable to re-
deemable at such time or times not ex-
ceeding thirty years from the date there
OF and at such place or places as the
Board Of Aldermen may determine"
SEC. 5. That for the purpose of pro-
viding for the payment of the interest
accruing on, and the principal at ma
turity of the bonds issued under author
ity of this Act, the Board of Aldermen of
said city shall annually, and at the
time of levying 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 to lay and levy
taxes for any purpose whatsoever said
particular tax to be not less than six
nor more than eight cents ON the One
Hundred Dollars ($100) assessed valuation
on property, and not less than eighteen
nor more than twenty -four cents on each
taxable poll The taxes provided for in
this section shall be collected in the man
ner and at the times other city taxes
are collected, and shall be accounted for
| and kept separate from other city taxes,
shall hp cd 1u IN 10
| purpose 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 amount 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 be
turned over to the commissioner of the
Sinking Fund of the City of Raleigh
whose duty it shall be under such general
rules and regulations as said Board of
Aldermen shall from time to time pre-
scribe, to make investments of so much
of the taxes collected and turned over
to him as aforesaid as shall be appli-
cable 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 prescribe
and such Commissioner shall give bond
and receive such compensation for his
said services as said Board of Aldermen
| may determine"
That for the purposes Of said election
| the City of Raleigh is divided into four
! wards or voting precincts, the boundaries
OF which are as follows:
| The area included between the centres
| of Hillsboro street and Halifax street
| and the extensions thereof, to the centre
| of Union Square, on the South and East
! respectively, and the exterior boundaries
| of said city on the North and West, con-
! stitute the FIRST WARD or voting pre-
| cinct
The area included between the centres
| of Halifax street and Newbern Avenue
| and the extensions thereof to the centre
| of Union Square on the West and South
| respectively, and exterior boundaries OF
said city on the North and East consti-
| tute the SECOND WARD, or voting pre-
! ciDct.
The area included between the centres
| of Newbern Avenue and Fayetteville
| street and the extensions thereof, to the
| centre of Union Square, on the North and
| West respectively, and the exterior boun-
| darics Of said ci', the East and South
J constitute the THIRD WARD, or vot-
| ing precinct
The area included between Fayetteville
4 cEp cfr 4ho
| tensions thereof to the centre of Union
| Square on the East and North respective
| ly, and the exterior boundaries of said
| city, on the South and West. shall cor
! stitute the FOURTH WARD or voting
! precinct.
That an entire new registration of the
| qualified voters is required by the Act
| and all electors desiring to vote IL said
| election must be registered for this cleo
| ton.
The registration looks will open on June
| 18TH 1901, and close June %. 1901 Said
| books will be open for registration of
| electors from o'clock a. N. to o. clock
| p. m. on said days. Sundays excepted. On
| Saturdays the said registration books will
| be kept open until o'clock u. III. fcI the
purpose of registering electors
| ne lOllOWiHS pldccS nave bSSH SGlSfI-
| ed as the polling places for SAL tlec-
| tion:
FIRST WARD, or Election District:
| Polling Place, Lee & Broghton's Store,
corner of Lane and Blooduworth streets
SECOND WARD, or Election District:
Polling Place, Lee Broughton's Store,
corner of Lane and Bloodworth streets.
THIRD WARD. or Election District:
Polling Place, Jones' Warehouse, corner
of Blount and Dave streets.
FOURTH WARD, or Election District;
Polling Place, City Lot, corner of Sails
bury and Davie streets.
Tie following registrars have been ap-
pointed for the registration of electors
First Ward, or Election District Mel
vim Andrews.
Second Ward, or Election District-H
e. Glenn.
Third Ward. or Election District-Ed-
Marlborough.
Fourth Ward or Election District-R.
G. Reid.
Said registrars at the time, between the
hours, and at the polling places. above
mentioned, will attend with the registra-
ton books for the purpose or registering
such electors who present themselves and
opo di,INy Ell ion