Perth Amboy evening news., 1906-05-25
ORDINANCE.


City of Perth Amboy to the issuance
of water bonds to the amount of
500, 000 as provided by an ordin-
ance adopted by the Board of Water
commissioners of said city April IS,
1905, and entitled "An ordinance
providing for an issue of water bonds
OF the city of Perth Amboy, New Jer-
sey, amounting to 500, 100000"
whereas the Board of Water Com
mlssioners of the city OF Perth Am
y on the eighteenth day of April,
lSOo, adopted an ordinance which
reads as follows:
IAN ordinance providing for an issue
OF water bonds of the city of Perth
Amboy, New Jersey, amounting 10
500, 100000
Whereas, under and pursuant to
the provisions of an act of the legis-
lature of New Jersey entitled AN
act to enable cities to supply the in
habitants thereof with pure and
wholesome water" approved April
t~wenty-first, n thousand, eight
hundred and seventy-six, and acts
amendatory thereof and supplement
al thereto, the Board of Water Com
missioners of the City of Perth Am
boy, appointed under and by virtue of
the provisions of an act of said legis-
lature entitled An act to provide for
the appointment of water commits
%sioners in certain cities of this state
approved April eighth, one thousand
nine hundred and three, has deter
mined to purchase and install a new
pump at Runyon Station, and for the
purpose of d~efraying all the expenses
and the cost of such other lands,
buildings or water privileges, as
shall be purchased or taken for the
purposes of this act; and for the ex-
tension of the Ground Storage Water
System; for the purchase of mater
ials, the laying of pipes and mains
in the said city, and constructing all
work necessary for the full accom-
plishment thereof, and of all expenses
incidental thereto. For the water
works of said city to the amount of
one hundred thousand dollars.
Be it ordained by the city of Perth
Amboy:
Section 1. That for the purpose
of providing for the payment for said
pump and for the purpose of defray-
ing all the expenses, and the cost of
such other lands, buildings or water
privileges, as shall be purchased or
taken for the purposes of this act,
and for the extension of the Ground
Storage Water System, for the pur-
chase of materials, the laying of
pipes and mains in the said city and
ii constructing all work necessary for
the full accomplishment thereof, and
of all expenses incidental thereto for
the water works contemplated by the
Board of Water Commissioners of
the city of Perth Amboy, the ne
Ontio hIn hOndc Of tho aitU of pnrth
Amboy, in the sum of one hundred
Thousand dollars be issued and sold,
said bonds to be 100 in number,
y numbered from 236 to 335 inclusive,
in the denomination of one thousand
dollars ($1, 000) each, dated May list,
1906, to become due and payable on
the first day of May, 1896, and to
bear interest at the rate of four per
centum per annum, payable semi-an-
nually on the first days of May and
November in each year, interest and
principal payable at the Office of the
c~iHystreasurer of said city.
%Said bonds shall be coupon in
form, but may be converted into reg
fistered bonds at the option of the
purchaser or holder in the manner
.tprovided by law. Said bonds and
coupons and the certificate for con
version into registered bonds to be
endorsed on the back thereof, shall
be substantially in the following
form:
No. United States of America. No.
State of New Jersey
$4,000 State Coat of Arms $1,000
City of Perth Amboy
N1sY Water Bonds
4 Know all men by these presents:
That the city of Perth Amboy, a
municipal corporation in the County
of Middlesex, in the State of New
Jersey, hereby acknowledges itself
indebted and promises to pay to the
bearer hereof, one thousand dollars
In lawful money of the United States
of America, at the Office of the city
treasurer in Perth Amboy, New Jer-
sey, On the first day of May, 1905, to-
gether with interest thereon at the
rate of four per cent. per mum
payable at the same place, on the
first days of May and November of
each year., on the presentation and
surrender of the coupons hereto at
tached as they %severally become due.
This bond is one of a series of
hundred bonds, numbered from 236
to 335, both inclusive, of like date,
amount and tenor, and maturing at
the same time, amounting In aggre-
gate to one hundred thousand dol
lars, ordered to be raised by the issue
of bonds for the purpose of defray-
ing the cost and expenses for fur
nishing and installing a new pump
and other improvements to the city
water works, contemplated by the
Board of Water Commissioners of
the city of Perth Amboy, under and
by authority of a certain act of the
Legislature of the State of New Jer-
sey, entitled An act to enable cities
to supply the inhabitants thereof
with pure and wholesome water
approved April 81, A. D., 1876, and
of any supplement of supplements
thereto, and also under and by virtue
of proceedings of the Board of Water
Commissioners of the city of Perth
Amboy and the council of said city,
duly passed for that purpose, and
approved by the mayor of said city.