Middlebury register. (Middlebury, Vt.) 1886-1937, 1901-05-03
SPECIAL VILLAGE MEETING.
Matter of Bond Issue Receives Attention
Committeeman Resign


Committeeman Resign.
Pursuant to the warning the legal
voters of the village of Middlebury net
at the town hall in the village Thurs
day evening, April 25, at s o'clock. The
meeting was called to order by Frank A.
Bond, moderator. After the warning
was read by the clerk, w. II. Bliss called
for the reading of the minutes of the last
meeting, so far as they pertained to the
matter in hand, and explained that the
attorney for the Boston bankers, who
had offered 1.1007 for the issue of bonds,
wanted the form Of the resolution
changed, first from "S50,000 or less" to
the definite sum $4,000, and then that
they all bear date May l, 1901. The fol.
lowing resolution was offered by Mr..
Bliss and was adopted:
Resolved, That the resolution passed at the
special village meeting holden on the 4th day
of February, A. ID. 1901, which authorized the
trustees of said Village to issue the bonds of
said village to defray the expense of the new
water supply and system for said Village, as
authorized at sad meeting, being the fourth
resolution passed at said meeting, and the
same Is hereby changed and modified so as
to read as follows, viz:
IRE esolved, That the trustees of the Village
OF Middlebury be, and they hereby are,
authorized to issue the bonds of said Village
of Mddlebury to the amount of Fifty Thous
and Dollars, in denominations of One ThOus.
and Dollars each, to be dated MAY st, 1901,
and payable May lst, 1871, with right to payor
to pay and redeem each such bonds on or
after May lst, 1921, bearing interest AT four
per cent per annum, payable semi annually;
principal and interest payable in lawful
money of the United States at the National
I'll. NH of Na nply Nnx n.ly
said bonds shall be under the seal of said
village of Middlebury, and shall be signed by
the chairman of the Board Of Trustees ana by
the Clerk of said village and countersigned
bv the Treasurer of the Village. The pro
ceeds arising from the sale of said bonds
shall be applied to defray the expenses of the
| purchase of water rights, land, material, and
| rights of aqueduct for the new water supply
and system for the Village of MIddleDury and
the expense of constructing the same with
| the reservoirs connected herewith, and in
| c1dent thereto rs authorized by said Village.
Charles E. Pinney is hereby chosen com
mittee to prepare and have printed blanks
Tor said bonds when ready.
Second To see if the Village will ratify
and approve all acts of the water committee
done since said meeting of February 4th, 1901
ana of said Charles f. Pinnev, committee To
prepare blanks for said bonds and to negoti
ate and make sale of said bonds since said
last named meeting, pursuant to the resolu
tions thereof"
Upon motion of j. w. Stewart, it was
voted to lay the motion on the table.
Upon motion of w. ii. Bliss, it was
voted that said Village bonds bear cou-
pons for the semi-annual interest, and
that said coupons may bear the sigma
ture of the Village Treasurer in litho.
graph, which shall be a sufficient signing
of said coupons.
The following letter. addressed to the
chairman of the board of trustees, was
handed to the moderator by Robert Cart.
msl, the chairman of the board, to be
acted upon by this meeting
To the Chairman Of tie Board Of Trustees.
Dear Sir Owing to the fact that our
views in putting in this water system
are so much at variance with those of
the balance of the committee. we think
it wise TO withdraw from the same and
not hamper them in any manner they
may think proper to accept and carry
out. Therefore we most respectfully
tender our designations. Thanking you
very kindly for the courtesy shown us,
Very respectfully yours,
DARWIN RIDER,
ALLAN CALHOUN,
j. ii. SARGENT.
The designations were accepted, and
the meeting then adjourned. -