Perth Amboy evening news., 1903-08-04

An ordinance providing for an
issue of Water Bonds of the CY
of Perth Amboy, New .JersaA
amounting to $4,000. Y

WHEREAS, under and pursuant to the pro-
w visions of an act of the Legislature of
the State of New Jersey, entitled, A Act to
with pure and wholesome water approved
April 21st,s 1876, and acts amendatory thereof
and supplementary thereto, this Council has
heretofore determined to pnI chase a water
main and lay the same from the stand pipe
near Runyon to the southerly side OF Rarl'an
River, and has determined that the cost of said
Improvement Will amount TO the sum OF elSnty
thousand 1881, 600, and
Whereas at a meeting # Council held on Way
18th 1903, it was resolved that Waite Bonds be
issued in the amouat of eighty thousand dol
lars C$Sa,00O) to be dated July list, 1908, to
mature thirty years from their date, bear m
terest at the rate of four per cent; "a per cent
per annum be issued and $ libby the City Treas
urer and Finance Com Hittee to the highes
bidder, at either public or private sale, for the
purpose of providing for the cost OF said I'M
Now, therefore. be it ordained by the City of
Perth Amhoy as follows:
sec. l. That for the purpose OF providing for
the payment of purchasing and laying a water
main from the stand pipe near Runyon to the
soutuerly side of Raritan River, the negotiable
bonds of the City of Perth Aln6 %S y in the sun
and sold, said bonds to be eighty (sO) IN number,
numbered from one o. to eighty $50 inclusive,
Of the demo nation Of One Th0 y Dollars
due and payable July Isl, 1888, and bear interest
at the rate of four per cent. a per cent } per
annum, payable semi annually on the hlst days
of January and July, interest and principle
payable at the Office of The City Treasurer. Said
bonds shall be coupon in form, but may be con
verte / into registered bonds at the option OF the
purchaser or holder in the manner provided by
law, Said bonds and coupons and the cerllt-
cate for conversion into registered bonds, to be
indorsed on the back thereof, shall be su6stan-
tally in the follo1ing form:
No. United states of America, No.
state of New Jersey.
81 1000 State Coat of Arms, $1,000
City of Perth Amboy.
Water Bond.
Know All Men by These Presents. That the
City of Perth Amboy, a municipal corp ration
in the County of MiddleseX, in the State of New
Jersey, hereby acknowledges itself indebted and
promises to pay to the bearer hereof, One Thou.
sand Dollars in lawful money OF the U"ited
| Stat, of America, at the Office of the City Treas
vrer in Perth Amboy, N. j., on the first day of
July, 1888, together with interest thereon at
the rate OF four per cent, per annum, payable at
| the same place, on the first days of January and
July in each year, on the presentation and sur
render of the coupons hereto attached as they
severally become due: This bond is one of a Sc
ries of so bonds, numbered from ] to ~ both in
elusive, of like date, amount and tenor,anu ma
turing at thelsame time, amounting in the aggre
gate TO Eighty Thousand Dollars, ordered to be
| raised by the issue of bonds for the purpose of
| deiraying the cost and expense for materials
| for and laying a water main from the stand pipe
near kunyon to the southerly side OF Raritan
River, under and by authority OF u certain act
of the Legislature of the State of New JERSEY,
entitled, y Act to enable cities to supply the
inhabitants thereof with pure and wholesome
| wafer. dppGONCu Aplh Aloti n, rs; low IL u I
any supplement or supplements thereto, and
also under and by virtue of proceedings of the
Common Council of said city, duly passed for
that purpose, and approved by the Mayor of
said City.
1t is hereby certified that all conditions, acts
and things ESSENTIAL 10 the val dity of this bond,
exist, have happened and have been done, and
that every requirement of law affecting the
issue thereof has been duly complied with, and
hat this bond is within every debt nd other
limit prescribed by the Constitu. ion and Laws
of said State; and that the faith and credit of
the City of Perth Amboy are hereby %irrevocab
ly pledged to the punctual payment of the
Or ncipal and interest of this bond according to
its terms.
In Witness whereof, The City o. Perth AmbOy
has caused th' bond to be signed by its Mayor
and the corpo ate seal of saiu City to be aft ted
hereto and attested by the Clerk of said City,
| and the coupons!hereto a. neXed to be eye uted
| by the facsimile signature of its Treasurer, on
this trs day of July, 1905,
-. ..s ...'...'.-..s..
Mayor.