Montour American. (Danville, Pa.) 1866-1920, 1908-03-26
AN ORDINANCE.

TITLED, IAN ORDINANCE AU-
THORIzING. EMPOWERING AND
REQUIRING THE BOROUGH OF
DANVILLE, MONOUR COUNTY,
PENNSYLVANIA TO ISSUE GER
TAIN COUPON BOROUGHBONDS
FOR THE PURPOSE OF PROPER
LY SECURING AND PAYING |
CERTAIN SPECIALLY AUTHOR.
lied BOROUGH ESS
INCURRED OR TO BE INCUR
RED BY THE SAID BOROUGH IN
THE MAKING Or CERTAIN BOR-
OUCH IMPROVEMENTS AND AL
so PROVIDING FOR THE PAY
MENT OF INTEREST AND PRIN-
CIPAI OF THE SAID BONDS"
APPROVED THE FIFTH DAY OF
NOVEMBER A. d. 1904, AUTHOR
IZING. EMPOWERING'AND RE-
CURING THE SAID BOROUGH
TO HEREAFTER ISSUE ALL OF
THE UNSOLD COUPON BOR-
OUCH BONDS AUTHORIZED BY
SAID ORIGINAL ORDINAN NOE AS
AZORES AID WITH INTEREST AT
THE RATE OF FOUR PER CENT
PER ANNUM PAYABLE SEMI
ANNUALLY.
SECTION BE it ordained and en-
acted by the Chief Burgess, and by the
Town Council of the Borough of Dan
Vile, in the County Of Montour and
State of Pennsylvania in Council as
sembled, and it is hereby ordained aud
enacted by the authority of the same,
That an Ordinance, entitled, can Or
dinance authorizing, empowering and
requiring the Borough OF Danville,
Montour County, Pennsylvania, to is
sue certain coupon Borough bonds for
the purpose of properly securing and
paying certain specially Authorized
Borough indebtedness incurred or to
be incurred by the said Borough in the
making of certain Borough improve
ments and also providing for the pay
ment of interest and principal of the
said bonds, approved the fifth day OF
November A. D. 1904, which ordinance
reads as follows:
"Be it ordained and enacted by the
Chief Burgess and by the Town Coun-
Gil of the Borough of Danville, in the
County of Montour, and State of Penn.
sylvania, in Council assembled, and
it is hereby ordained aud enacted by
the authority of the same: That for
the purpose of properly securing and
paying certain specially authorized
Borough Indebtedness incurred
or to be incurred blythe said Bor'
ough of Danville, and in the max
ing Of certain Borough improve
ments duly authorized by the Borough
election held on the secoud day ot
August, A. D. 1904, fori such specific
purpose, the said Borough of Danvillt
be, and it is hereby, duly authorized
empowered and required to issue three
hundred coupon Borough Bonds in the
sum of neiHundred Dollars each, re-
deemable at the pleasure of the said
Borough of.Danville, after the first
day of November, A. d. 1909, and
payable on the first day of November
A. D. 1924, with interest from the frs
day of November A. D 1904, at the
rate of three and one half per cent pei
annum, payable semi-annually by the
Treasurer of the said Borough of Dan
Vile, in lawful money of the United
States, at his Office IN the said Bor
ough on the first day of May aud OF
the first day of November in each year
on the presentation of the proper in
terest coupon thereto attached, bt
and the same is hereby amended, 81
as to be and read as follows:
"Be it ordained and enacted by th
Chief Burgess, and by the Town Coun
Gil OF the Borough of Dauville. in TIN
County of Montour, and State of Penn
sylvania, in Council assembled, and i
|
authority of the same: That for thu
purpose of properly securing aud pay
ing certain specially authorized Bor
ough Indebtedness incurred or to b'
incurred by the said Borough OF Dan
Vile, and in the making OF certain
ACKNOWLEDGEMENTS duly authoriz
ed by the Borough election held on th'
second day Of August A. D. 1901 10
such specific purpose, the said Bor
ough of Danville be, and it is hereby
duly authorized, empowered aud re-
aulred to hereafter issue all of the un
sold coupon Borough bonds authoriz
ed by the original Ordinance to be is
sued as aforesaid. in the sum of On
Hundred Dollars each, redeemable a
the pleasure of the said Borough o
Danville, after the first day of Nov
ember A. d. 1909, and payable on til
first day of November A. d. 1924 wit
interest from the first day of Novem