The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1908-01-17
Bill for Ordinance No. 228.

An ordinance authorizing an increase OF
Indebtedness In excess OF the annual income
for the purpose OF establishing a municipal
electric light and power plnnt and system.
RE IT ORDAINED by the Board OF Alder
men OF the city of Pennington, Missouri,
as follows.
section L. whereas II is provided by the
Constitution and the statutes OF the state OF
Missouri that the annual tax rate on prop
crty In cities having less than ten thousand
and more than one thousand Inhabitants.
shall not exceed nifty cents on the one hun.
dred dollars valuation on taxable property
in said cities, that no municipal corpora
tiOn shall be allowed to become Indebted In
any manner, or for any purpose, to an
amount exceeding In any year the income
and revenue provided for such year, with
out the assent OF two thirds OF the voters
thereof voting at an election TO be held for
that purpose; the cry OF tarmington com
visions; ana whereas It is proposed by tue
Board of Aldermen OF said city, on behalf OF
the inhabitants thereof. TO bind said city TO
AN increase OF the Indebtedness OF said city
in excess OF the annual income ana revenue
thereof and above the constitutional limit
thereon, said increase OF Indebtedness not
to exceed Twenty-Five Thousand Dollars,
said amount. or SO much thereof rs said
board OF Aldermen shall deem necessary, to
he expended IN the purchase, location and
establishment and erection OF an eelctric
lighting and power plant and system, to he
owned ana operated by said city, ana IN the
purchase or lease OF necessary grounds
therefor, for the purpose of supplying the
said city with sufficient light ana power,
ana for The further purpose of supplying the
Inhabitants of said city with electric light
ana power; now, therefore, with view TO
test the sense of the legal voters OF said city
OF Pennington, on the increase ofindebted'
ness MS Aforesaid, Tor the objects ana nur'
poses hereinbefore specified, Il special cleo.
lion is hereby called To he held In the said
city OF Pennington on Tuesday, the 2sth
day OF January. 1905, for said purpose.
section The Mayor is hereby directed
to issue a proclamation submitting, for the
purpose OF testing the sense OF the legal
voters OF the City OF Pennington, the propo'
sitions herelnbefore fully set out In section
one ID OF this ordinance. giving at least
fifteen days notice OF such election, which
said notice ana proclamation shall lie pup
lished In some newspaper or papers pub
lished In the said CITY OF Pennington.
section 3. That said special election shall
be held at the following precincts of said
City OF Pennington, as follows. In the First
Ward, at the Mayors Office; In the second
ward, at the Court House, sherins ONCE
In the Thirdt ward, at J.. j. Cundir's office,
and In the Fourth Ward at Henry Maniey's
Shoe store.
Section 1. That the style OF the ballots to
be voted ut said special election shall be
'For increase OF debt-Yes. " For Increase
OF debt-No."
sectionb 8. That this ordinance shall be in
fun force and effect from and after Its pas
sa re by the Board OF Aldermen, Its approval
by the Mayor, attested by the Clerk, when
notified by the two thirds vote OF the quail.
fed voters of said City, voting at special
election held for that purpose.
Passed this 9th day OF January. 1908.
Approved this 9Th day Of January, 1908,
shM'L L. AsBURY, Mayor.
Clerk