Goldsboro semi-weekly argus., 1909-05-29
GREATER GOLDSBOR0
Copy of Bill Extending The
City Limits.
With The Proposed City Bond Issua
all This New Territory VIII
Bear Its Proportion in
The Street Paving.


The following is the amended char
ter of Goldsboro. as enacted by the
] recent General Assembly. copy OF
! which we have obtained in order that
our readers may see that 1t Is the
same as published in advance OF the
application, and that there may be no
MISREPRESENTATION or miSunderStand-
ings as to the enlarged boundaries OF
Greater Goldsboro.
An Act to Amend the Charter of the
City of G0ldsbOrO.
The General Assembly of North Caro-
lima do enact:
Section l. That the corporate linn
it's of the city of Goldsboro be and
the same are hereby extended as fol-
lows:
% In the eastern side: Beginning
at the present city limits on Ash
street and running easterly to Her
man street; thence with the eastern
line of Herman street, northerly to a
point where the northern line of
Beech street extended will intersect
said Herman street; then with the
northern line of said Beech street,
extended, westerly to the big ditch,
the present city limits; and the terri
tory above added and described shall
be attached to and become part of
the Second ward Of said city.
(2) On the western side: Begin
ming at the northwestern corner of
the present city limits and runs
thence westerly, the same course with
the present northern limits of said
city to"the western boundary line of
the extension of Georgia street as
laid out by F. K. Borden; then south
erly with the western line of said
Georgia street, extended, to the Asy-
lum road, or Pine street, extended /;
then easterly with said road or street
to the present city limits; and Sc
| much of the territory above added and
| described as lies north of the center
of an extension of Chestnut street
shall be attached to and become part
the remaining part of said territory
shall be attached to and become part
| of the Third ward of said city.
| Sec 2. That the board of aldermen
of the city of Goldsboro shall have
| power to issue bonds, in the sum o.
one hundred and fifty thousand dol
lars ($15O, O,000), the proceeds of which
| shall be applied to and used for thu
sole, only and exclusive purpose O
paving or macadamizing the streets
and sidewalks of said citys said bond
shall be of such denominations a
said board of aldermen may deem ad
visable. bearing Interest from th
. date thereof at 1ate not exceedin
six per centua per annum, with inter
est coupons attached, payable hal
yearly, at such times and places a
may he deemed advisable by sal
board of aldermen, said bonds to
of such form and tenor, and trans
: ferable in such way, and the princips
thereof payable or reedemable at sue
time or times, not exceeding forty (4d
I years from the date thereof, and {
!, such places as the said board of a
dermen may determine, none of whic
e bonds shall be disposed of, in an
d manner, for less price than the
e par value.
: Sec. g. That said bonds and the
e coupons shall not be subject to tax
i ton by said city until after they b
o come due and tender of payment sha
e have been made by the city, and tt
1t coupons shall be receivable in pa
s ment of city taxes or other city du
IS for any fiscal year in which said co
et pons become due or thereafter; and
t, the holder of any of said bonds
coupons shall fail to present the saI
for payment at the-time or times, a.
at the place or places therein name
he shall not be entitled to any intf
rg est thereon for the time they ha
been outstanding after maturity, !
Sec. A. That for the purpose of pl
e. viding for the payment of the inter'
,r. accruing on and the principal at n
ly turity of the bonds herein authoriz
ay the board of aldermen of said C
,r- shall annually and at the time of le7
.er ing other city taxes, levy and lay
he particular tax on all persons and s.
of jects of taxation on which the S
B. board of aldermen now are or n
tor hereafter be authorized to lay {
Of levy taxes for any purposes whateN
e. said particular tax not to be less Il
to five f5) cents, nor more than sixt
l16) cents on the one hundred doll
assessed valuation of property.
not less than fifteen 15) cents,
more than foTty-eight (48) cents
in. each poll. The taxes provided FOL
this section shall be collected in
manner and at the times other
taxes are collected. and shall be