The Jersey City news., 1904-05-05

From the Board of Education.-
sit--hequestlng $l,l3O for repairs to
Requesting $3.50 for fire stalr-
ways MRedss.p;as s. SehqSls 3 81, y =, =, %.
at Schools ), 4, Z, IA, 19. % and No. /
annex- Passed Feb %, 1904
Received and referred to the Commit
REPORTS OF STANDING COMMIT.
TEES. sst,sa s..
Mr.. Perry. of the Committee on FL
nanee' presented the following 1asolu-
RESOLVED, That the foIlJwing rese-
luton, adopted Jan. 20 1904. be ana IL
Is hereby reconsidered and Fesein6ed -
Resolved, That in response to a geso-
.ntlon OF the Board OF Hath. pasted
nov; -. l90S, requesting S1,137 A Tor
the building of dock III The HackensasIt z
River and repairs to seoys, aud i resol
luton passed Dec. "a 1903. reduesrinv
91-VOO for the use OF the Board ii meef~.
ing general expenses the sum of 50 I31
Il be and is hereby Appropriated 70 tie
use OF the Board of Health for the pur-
pose speeined and IN oldeD5tog4aSse said
amount the Committee on Finance be
ana Is hereby directed to issaeYa tehDB1e
rary loan bond at a rate of interest not
70 exceed per cent per ahnutH. and
resolved, That sum sufficient to
pay the principal and interest Of SAID
pona De placed in the next tax levy.
z-W Whereas, The Board OF Police
March 8, 1903, stated the existence Of an
ed by Chapter 16S, Laws Of 1899.
IN IN the necessity for the raising of
SLi5I4 for the building Of
eock IN the Haekensack River and
Ior certain repairs to scows belonging
TO the Health Department. and 5000
for the payment of salaries and claims
OF the said Health Department for jan &
uary and February 1904. be il
hes9lved. That the sum of $3,13T44
pc ana It IS hereby appropriated to the
credit of the Board Of Police Commis-
sioners to be used for the purposes speci-
ned, ana IN order to raise said amount
the Committee on Finance be and it il
Hereby directed to issue a temporary
loan bond in the sum of So. .137. A at q
rate OF interest not to exceed per cent.
per annum; and
Resolved, That a sum sufficient to pay
the principal and interest of said temper
airy loan bond be placed in the next tax
levy.
3EResolved. That a warrant be or
dered drawn on the City Treasurer fn
faovr of that officer, on account Of Free
Public Library appropriation, 1903 1904.
for the sum of $2.250. to transfer said
amount to the sinking fund of April l.
due April l. 1928. $500; $3.50 315
per cent. bonds, due April /. 1923. $3.50.
FWhereas, general bonds to the
amount of $1,000000. heretofore legally
issued by the Mayor and Aldermen Of
Jersey City, under the provisions of an
act Of the Legislature of New Jersey.
entitled An act concerning cities in
this State" approved January "a. 1884
will become due and payable April 1,
1904 and,
Whereas, This Board desires to renew
$4,000 of said Indebtedness of 81. .000.-
600 by the issue of general bonds to run
for fixed period in accordance with an
act entitled. San act authorizing cities
20 renew maturing bonds, approved
March 4, 1902:
Resolved. That this Board issue for j
the renewal of said Indebtedness of
100000 general bonds to be issued lin
the name of the Mayor and Aldermen
and City Clerk of Jersey City and
ccuntersigned by the City Comptroller;
Resolved. That said general bonds
shall be dated April l. 1904. April 1
1884. in gold coin of the United States
of America of the present standard
Sf Z weight tl, and fnssapssss 1sas S. and nc :. shall
4 per cent per annum. payable in like
gold coin. and shall have coupons at
tached for every half years, ,iRterests pay
able on the first days of April and Oc-
tober of each and every yea rsuHtii due
or may be registered at the option of the
holder and shall conform In all other re-
spects to the provisions of said act.
Resolved. That sinking fiiaa be and
sthe same is hereby created to pay Of the
principal of the $3.50. 900 of said General
Bonds hereby authorized TO be issued
under said act of March f. 1902 by in
serting in the tax levy each year 2 y
per cent. of the issue, said sum to be
placed in said sinking fund and SO in.
vested as to be available for the pay
meht of said new General Bonds when
they shall become due.
Resolved. That circular be and il
hereby directed to be issued requesting
proposals for $3.50, 900, refunded general
bonds, hereby directed to be issued, said
circular to be in form as hereby annexed.
and copies of said circular mailed TO
brokers'. bankers and others of Jersey
City, New York and other places.
CIRCULAR.
Jersey City Gold Bonds.
Proposals for Bonds.
Bonds exempt from taxation.
Scaled proposals will be received BY
the Board of Finance of Jersey City, at
its meeting TO be held in the City Hall.
on the 16 day of March, 1904 at three
o'clock P. NJ, when they will hepublicly
open for the whole or part of S490, 600
refunded general bonds.
Coupon BondS.)
Said Bonds are issued in accordance
with the provisions of an act entitled.
''An Act authorizing cities to renew ma
turing bonds approved March 4, 1903.
The principal Of said bonds is payable
April l, 1894, in gold coin of the United
States of america of the present stand
ard of weight and fineness, and the inter-
est at the rate of four per centum per
annnm is payable in gold semi-annually
on the first days of April and October Of
each year.
Regular meeting of the Board Of Fg-
nance held at the City Hail on Wednes-
day, March 16. 1894, at 3. F. NJ
Present-Al the members of the
Board.
The President announced the first bus
mess TO be the reception proposals for the
purchase Of the bonds ordered offered at
public sale this day.
The time for the reception Of pro-
posaIs having expired The Clerk an
nounced that two bids had been received