The Brunswick times-call. [volume] (Brunswick, Ga.) 1900-1902, 1901-11-26
ClTYCOUNCIL.
A Called Meeting Held Yesterda,
Morning.
CALL MEETING.

Brunswick, Ga, Nov. Is, 1901.
Present Hon. N. Emanuel, mayor.
Aldermen du Bignon, Newman, Cox,
Smith and MoGarvey,
Absent-Aldermen Calhoun, Blood
worth and Briesenick.
The mayor stated the object of the
call, The following resolution was
read:
By Alderman du BignoL-
Whereas, under a resolution passed
by this body on AugS, 1901, authorizing
the borrowing of forty five Thousand
dollars with which to pay the out
standing fl Eating ind. b ,edness due by
the mayor aud council, only the sum Of
twenty five thousand dollars has been
borrowed, five notes for the sum of i've
thous and dollars each having h
executed for said sam, tuch ~ es
bearing interest at the rate of five Ter
centum per annum; and =.
Wheseas, 1t ls impossible to borrow
the balance of said sum at less rate OF
interest than six per centum per anDum:
Now, therefore ba it, and it 10 here
by, resolved. by the mayor and alder
men of the city of Bruins iok 10 oouuoil
assembled, That the mayor be, and ne
is hereby, authorized to borrow the sum
Of twenty thousand dollars, bearing
not more than six per oentum per
annum interest, and to execute four
notes for FIVE thousand dollars each for
said sum, such notes to mature at
various times between Nov l, 1901, and
| Nov. l, 1908; such notes to be in lien of
the four notes unnegotisted. authorised
by said resolution on Aug. s, and
which were to be payable, two fifteen
months after date, one eighteen months
after date and one twenty four months
after dale,
Be IT further resolved that four sep
crate resolutions be passed authorizing
the borrowing of said sum. Adopted
Resolution by Alderman Newman
Be it, and it 10 hereby, resolved by
! the mayor and aldermen of the city OF
Brunswiok in council assembled, that
the mayor be, and he is hereby, au-
thorlzed to borro W On behalf and Ia the
name of the mayor and council of the
city of Brunswick, the sum Of five
thousand dollars, for the purpose OF
paying a valid and legal indebtedness
of the CITY.
Be it further resolved, that the mayor
be, and he is hereby, authorized to
execute a note for said sum in the name
of tie mayor and council, such note to
be payable within Twelve months after
| date and to bear interest at the rate OF
six per oentum per annum, principal
and interest to be payable in New York
City at some les .nsible bank.
Adopted.
Resolution by Alderman MoGarvey-
Be it, and 1t is hereby, resolved, by
the mayor and Aldermen of the city of
Brunswick in council assembled, that
the mayor be, and he is hereby, author.
ICED to borrow on behalf and in the
name Of the mayor and council of the
city Of Brunswick, the sum OF five
thousand dollars, for the purpose of
paying a valid and legal indebtedness
of the CITY.
Bs it further resolved, that the may or
be, and he is hereby, authorized to
execute note for said sum 10 the name
OF the mayor and council, such note to
be payable within Twenty>four months
after date and to bear interest at the
rate of six per oentum per anDum,
principal and interest to be payable in
New York CIty at some responsible
bank. Adopted,
Resolution by Aldermen Cox
Be it, and 1t is hereby. resolved, by
the mayor and alder men OF the city Of