Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1902-05-22
THURSDAY. MAY %. 1902.
BILL No. 35.


gal N..I-Ts Of the city. OF Monroe,
MIss"mrI Upon n Proposition 20 In
crenst the Debt of Said city by
Contracting IL Debt of $4,000 and
Issuing Bonds Therefor for the
Purpose OF Erecting and main tain
Jog - System OfEIectric Lights; and
Providing for the Issuance and Sale
of said Bonds: and Providing for
the payment of Interest on said
bonds and OrCreRtfng - Sinking
Fund for the Payment Thereof.
o 10 ordained by tie Hoard Of aldermen of
The city Of Monroe, as ToiIOies!
SECTION |. Whereas, on Satur-
ay the 10th day OF May. 1902, under
re authority and in accordance with
re provisions of Ordinance No. -. q
).cial election was held IN the City OF
onroe, Missouri, for the purpose OF
sting the sense of the legal voters O;
It'd City ofMonroe, Missouri, upon
le proposition to increase the debt OF
lid lily Of Monroe, By contracting a
.Dt of Fifteen Thousand Dollars
5000 and issuing bonds therfor, for
lie purpose of erecting and maintain
g II system Of Electric Lights. OF
hich said special election, more than
.eeG days notice was given by publ
ton in the Monroe City Democrat,
provided in said Ordinance No. 10,
d whereas, it has been certified to
Board Of Aldermen by the judges
said election that the total number
votes cast ut said elect IN was 26T,
which number 220 were cast in fav-
OF said proposition and II against
d proposition, and whereas it APP
lrs from said certificates of said
ges; that more than two-thirds OF
legal voters voting at said election
ed in favor of said proposition for
h increase of debt, thereby assent
to such increase of debt and au-
'rizing the issuance of said bonds
refor. Now, Therefore, it is hereby
Jared that said proposition for
h increase Of debt for said purpose
duly carried.
iECTION ,. 1t is therefore hereby |
cred by the Mayor and Board of
lermen of said city OF Monroe,
ssouri, that bonds ofsaidcisy to the
damount of Fifteen Thousand Dol |
ISIS, 000) in the denominations Of |
e Hundred Dollars 5000 each be
led for the purpose OF erecting and |
!ntaining such system of electric
ats; said bonds to be numbered one |
hirty inclusive cOnsecutively, pay
, to bearer at the State National
TX in the City of st. Louis, and |
te of Missouri, in twenty years
date, the right being reserved to
said City of Monroe, however. to
eem Numbers One to Fifteen. in
i've and consecutiyely Ut any inter-
period on or aft.r July LIST. 1907, |
Numbers Sixteen to Thirty at any
rest period onor after July lst,
all of said bonds to be dated July
1902. and to bear interest at the
OF five per cent. per amman, in
st payable semi-annually on the
day of January and July respect
y OF each year: and each bond
lhave semi-annualinterest coupon
ched in conformity with said
Is. payable at said State Nation.
ank in the City of St. Louis, and
Z of Missouri; all and each of
bonds shall be signed for and in
If of said City of Monroe. Mis-
by the Mayor thereof and at
d by the Clerk thereof under the
OF said City, and the Mayor and
K of said City of Monroe re
by authorized, empowered and Z
ted to sign and attest said bonds
;oresaid, and when so signed and
ted, and endorsed by the State
tor as required by law, said
s shall be, by said City of Mon
old and negotiated at cash
4 3f not less than the par value
Sof.
yTIoN g. There is hereby direct {
be annually levied for twenty
cutive years from the first day I
10y, 1902 and collected in the
manner as other taxes, suf-
tax upon all taxable property
the said City OF Monroe, to {
lily provide the sum of Seven P