The Owosso times. (Owosso, Mich.) 1897-1926, 1902-10-31
,mmon council ROOM

Werner M. White presiding.
Aldermen present at roll call: Pierpont
Wiley. Nichol, Detwiler. Brown, Densmore,
Van Slice. ~
Following claims and accounts were present
ed and upon motion referred to the committee
on claims and accounts.
From Contingent Fund-Fred Edwards S66 67,
Clara Byrnes 10 81, John Fowler CO. Mich S.
M. & o. Co. co. Jerome w Turner 10 60. Union
Tel. Co. 81 H. Mich. Tel. Co. is, Ira G.. Curry
- II, Owosso Paint & Wall Paper Co. 10, w.
Ball %, Gregory, Mayer & Thorn Co. %,
From Police Fund--G. A. Grifith sl2 90. f. j.
Mack II 90, Bert Hodges 1900, u. Il. Ross Is. 90.
From Board of Health Fund-Fred Stanton
From Highway Fund.-. Fowler 81 10, e.
Dean %. w. Ball 90, t. Hayes as, O. Bailey
10 So +. Sutphin co. ID. Ball Is, w. Douglass
6 rs, T. atkinson 5 70, s. A. Crane is 20, Jas.
DOYLE 10 Oh, JAS Helt 10 90, Jas. Odell IL go.
From Sidewalk Fund.-. FowlsI l rs, e.
Dean 70 p HAYES %, c. Bailey 50, w.
From Fire Dept. Fund.-. Martin $40 90.
VIM Robertson 10 co. G Black o., j. Brown
4 90. Ben. Smith 90, F. Reynolds 90, Ira G..
From Water Works Fund-Ira G. Curry
AZ 20, @. II. Balloon IS, tred Edwards, .Sec'y
G. II. Coisitt 10 o. F. Blooner so 90, John Ash.
ford 80 90. @. Jackson so 60, Sunday Creek Coal
Co. 80 81. II. Robbins s. Son IS, Doubleday
Bros. & Co. 8 80. Geo. Joy on.
From Sewer FuId-Ben Monroe $40 60, e. ID.
Speck 90, L. Speck 20, A. Curtis IS, j. 3.
Hunt ~ 90, G. Bailey 80.
Committee on claims and accounts reported
favorable on accounts as above presented /;
unanimous consent being given same was al
lowed, ayes z, nays 0.
Aid. Detwier presented contract for build
ing OF bridge on Wect Main street. also bond of
Andrew Geek, with John Haggart and DR.. A.
l.. Arnold as sureties. which was upon motion
received and ordered placed on tle
Dennis COrcoran came before the council and
asked TO have the brloge on the corner of Han
over and Henry streers repaired, as the same
was in a dangerous condition.
1t was moved and supported that the street
commissioner be instructed to have the same
repaired at once, which was carried, ayes
nays 0.
Aid. Pierpont presented following ordinance
ltwaS moved and supported that the same be
read the first and second time by its title,
which was carried, ayes 2, nays0.
II was moved and supported that the same be
read the third time in full and placed upon its
passage ana passed, which was carried, ayes T.
nays D.
An ordinance to provide for the issuing Of
eight thousand dollars of public improvement
bonds OF the city of Owosso, Michigan.
Whereas, the electors Of the city Of Owosso
on the 10th day of October. A. D., 1902. voted to
issue eight thousand dollars of public improve
ment bonds in the city of Owosso for the pur
pose of purchasing public building site in the
said city OF Owosso. Michigan. therefore IN
pursuance OF said vote the city OF ,Owosso
ordains:
Sec. /. That the city of Owosso shall issue it's
negotiable coupon bonos in the sum OF eight
thousand dollars for the purpose OF purchasing
public building site In said CITY, said bonds
shall be eight in number and of denominations
OF one thousand dollars each, numbering from
one 10 eight inclusive, shall be dated November
], 1902. shall become due November l. A. D.. 1917,
shall bear interest at the rate Of four per cent
per annum payable semi annually on the first
day Of May and November in each year. both
principal and interest TO be payable at the
Chase National Rank OF New York al NJ n
of New York, said interest to date OF maturity
to be evidenced by detachable coupons, thirty in
number, to be attached to each bond
Section III. That the proper officers of said
city be and are hereby directed to issue. ex-
ecute, sign and countersign sald bonds In con
formity with the above specifications, that each
bond shall show upon its face the class OF in
debtedness To which IL belongs and from what
fund IL Is payable. and that upon due and legal
execution OF said bonds the city treasurer be
and is hereby authorized and directed to de.
liver said bonds to the purchaser of the same
from the city council upon receiving payment
therefor.
Section Ill., The bonds herein and hereby
authorized shall be substantially in the follow
ing form, to-wit:
State OF Michigan,
County of Shiawassee.
City of Owosso, Public Improvement Bond
payable from the interest aud sinking fund
Know all men by these presents, that the city
of Owosso, Shiawassee county, Michigan, ac-
knowledges itself TO owe and for value received
promises to pay to bearer the sum OF one thou
sand dollars (S10-000) lawful money OF the
United States OF America on the first day OF
November, A. D., 1917. with interest thereon at
the rate of four per cent per annum payable
semi annually on the presentation and surren-
der OF the annexed interest coupons as they sew
orally become due Both principal and inter.
est of this bond are hereby made payable at
the Chase National Bank in the city OF New
York, state OF New York, and for the prompt
payment Of this bond at maturity, the full faith
credit and resources OF said city OF Owosso are
hereby irrevoca oily pledged.
This bond is one OF q series OF like tenor is
sued for the purpose Of providing for the pur-
chase Of a public building site In the city of
Owosso under the authority conferred by an
act of the legislature of the state OF Michigan
entitled San act to provide for the incorpora.
ton OF cities OF the fourth class" Approved
May 9th. 1895. and authorized by an election
duly called and held in said city on the 10Th
day of October, A. d., 1902.
And IL is hereby certified and recited that all
acts, conditions and things required to be done
precedent to and In the issuing OF this bond
have been done, happened and been performed
In regular and due form as required by law
and that the total indebtedness OF the city OF
Owosso including this bond does not exceed
the statutory or constitutional limitations
In testimony whereof this bond has been
signed by the mayor of said city, countersigned
by the city clerk with the corporate seal OF
said city hereto affixed this first day OF Novem.
ber A. D., 1909.