The Owosso times. (Owosso, Mich.) 1897-1926, 1902-12-26
Common Council Room. /


| Regular meeting of Common Council Mayor
/ werner M. VIII to presiding.
Aldermen pr seat at roll call: Pierpont.
wiley Detw lier. Joroan, Washburn, Van Slice.
Minutes OF last meeting read aud approved.
| Following communication was presented
which was upon mo ION received, ordered
placed on hie and oraered printed :. ma,
To the Honorable Mayor and Common Council
OF The Clty OF Owosso.
Gentlemen:
bereavement Was deeply appreciated. and ~e
tender our sincere thanks. Truly yours,
| AkTHuRJ. VAN EPPs
| Mr.. and Mrs. r. M WILEY
| FOLLOWING claims and accounts were present
| ed aud upon motion referred To the committee
/ Oh claims anu accounts.
American Express Co. 500, II NJ Post 500. j l.
smith ! W helen Robertson 80. ID + Blair g.
Son 10, Wells " s.. VIM Durham 81.
| Grifith l2'0 + Mack IL 90, bert hodges IL 90
From fire Department Fund Martin fl0 %
| VIM Robertson 10 40. owosso Fire Dept a5 co.
! - II Blair a. son 2 ~, X Parshali 81, A Todd
| g. Co 70
:, From Highway Fund-Jas Helt 10 90. M
Douglas To- N Ball ~ Signs 70, A Crane
10, JAS Doyle l0Oo, Fowler 90
From sidewalk Fund.- Herman S1l ~,
stocks 10 -, sutphen T atkinson 70
r Cavennaugh is OF, butcher IS w, John
Hurry $40, ;, Jewell Is W, Bailey IS 40, II
Hayes 10 W. Dye IL 90, Brooks q Son % co.
From Water Works Fund.- S Hunt rs 90
Geo. Joy 225, q Q Elec Co co. A a r X Co
J Ashford Is 10, f Boomer rs w c. Jackson
rs ~, Sturtevant IL a
From Board OF Health Fund-Brooks s. Son
223, Broo- s u Son II 66.
| From Sewer Fund-C II. Balloon 63c. j Walk
| err & Son IL ~, Reese CO. q Joy 2 70, d Par
ker 4 10, W h signs 20. Jerry King A., II w
| Smith 40o, ID @ Chase 4 o5, A Smith 270, II
| Wecden | 49, s Hunt IL W, Z Bacon 20
Hartshorn & Son TO-
Committee on claims and accounts reported
favorable on accounts as above presented
| unanimous consent being given same was al
| lowed, ayes 8, nays0.
Aid. Jordan offered following ordnance, it
| was moved and supported that the same be
| which was carried, ayes naysO.
II was moved and supported that the same
| be read the third time IN full, placed upon its
passage, and passed, which was carried. ayes 3
| naySO.
An ordinance to provide for the issuing Of
| thirty thousand dollars Of aving bonds OF the
| city OF Owosso, Michigan.
Whereas, the electors OF the city of Owosso
| on the 4th day Of November, A. D., 19O2, voted
To issue thirty Thousand dollars OF PAWN, bonds
| In the city OF Owosso for the purpose of paving
| West Ma street and South Washington
| street IN the city of Owosso
| Therefore, in pursuance OF said vote the city
| OF Owosso ordains.
Sec. 1. That the city Of Owosso shall
issue its negotiable coupon bonds in the
sum OF thirty thousand dollars for the
| purpose of paving West Main street from the
! BRUCE over the ,hiawassee river west To the
| Michigan Central Il. r. tracks; South Wash
| ington street from the bridge over the Shia
| wasSee river TO the south line OF Howard street,
in the city OF Owosso, IA bonds snail be thirty
In number and denominations Of one thousand
dollars each, numbered from one to thirty, in.
| elusive, shall be dated February, Fad, A. D.,
| 1908
Bones numbered from one to six inclusive,
| shall become Que February 2nd, A. d.. IVA.
| Bonds numbered from seven TO twelve mclu.
| sIve, shall become due February End, A. d.,
| 1876
Bouds numbered from thirteen to eighteen
inclusive, shall become due February End, A..
D., 1909.
Bonds numbered from nineteen to twenty
| A. d., 1907.
tonos numbered from twenty -four to thirty
inclusive, shall become que February 2nd, A..
| D., 10 3.
said bonds shall bear interest at the rate Of
| four per cent per annum payable semi annual
ly on the 2nd day OF August aud February In
| each year, both principal and interest TO be
payable at the Chase National Bank Of cily Of
New Nork, state OF New York, said interest to
date OF maturity TO be evidenced by detach-
| alb coupons to DE attached To each BOND.
sec. III. That the proper officers OF said city
be and are hereby directed 10 issue, execute,
sign and countersign said bonds in conformity
with the above specifications, that each bond
shall show upon its face the class of indebted
| ness TO which 1t belongs, and from what fund
II is pay able and upon due and legal execution
OF said bonds the city treasurer be and Is here
be authorized and directed to deliver said bones
Council upon receiving payment therefor
Sec. III The bonds herein and hereby auth.
orized shall be substantially In the following
FORM to wit:
| County Of Shiawassee.
| City of Owosso paving Dor paya lie from the
paving interest and sinking FUNDS.
Know all men by these presents, that the
| city of Owosso. Shiawassee county, Michigan
celved promises to pay to bearer the sum Of
one thousand dollars 81 0JO0 0) lawful money
| OF the United States OF A merica on the second
day OF February, A. ID with interest
thereon at the rate OF four per cent per annum
payable semi annually. on the presentation
and surrender OF the annexed interest coupons
and interest of this bond are hereby made pay
able at the Chase National Sank 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 iirevocaby pledged.
This bond Is one OF series OF like tenor is
sued Tor the purpose OF paving West MaiI
| street and South Washington street in the
| city Of Owosso. under the authority conferred
by an act of the' legislature of the State OF
| Michigan, entitled, An act TO provide for the
| incorporation of cities OF the fourth class
Approved May 27th, A. d. 1895, and author
lied by an election duly called and held In
| said city on the 4th day OF November A. D.,
| 1902.
And it is hereby certified and rected 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 per
| formed in regular and due form as required by
| law, and that the total Indebtedness OF the city
| of Owo so, including this bond uOes not exceed
| the statutory OF constitutional limitations. lr
testimony whereof this bond has been signed
| nv the Mayor OF SAID city. countersigned ny the
City Ilerk, with the coporate seal OF said city
hereto affixed this second day OF February, A.
D., 1913
| Countersi Ined.
Mayor.
City Clerk.
Form of Coupon.
| 5000 $1,000
| On this day the City of Owos
| so. in the County OF Shiawassee, State o
, Michigan, will pay to bearer twenty dollars
| (s200i) at the Chase National Bank in New
| York City. State of New York, for the semi
annual interest due that day on its paving
| bonds of---A. D..
Countersigned.
Mayor.
City Clerk.
| Each coupon to bearer upon It's face in rec
| figures the number corr responding TO the mum
! Der OF the bond to which 1t Is attached, and the
| coupons to be numbered consecutivey from
one to--respectively
Passed and approved this 18th day OF Decem
| Der. A. ID. 1902.
| FRED EDWARDS. VERNON M. WHITE,
City Clerk. Mayor.
Aid. Jordan offered following resolution which
was upon motion adopted az es & nays o.
Resolved by the common council of the city o.
| Owosso, that the committee on ways and means
| he and are hprphv instructed Tn have the nav