The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1909-06-11


-ru- 81 Sr-sre Hill E-.der such bid
.ay- This 90 b. done -G1--eT TO r. tT----
.-ae- as lu other cases BENT me l-L-'
If --E-rneri0u to- run from fa- 1aL'
.ut public sale as Aforesaid
Sc Ia b. II further enacted
ITbar in event sales Of such srageIll
Ibid .u by The town Of sprins III. sl Ia
.rlr have been Effected after the *
.rirarsou OF TWO wears from me eay '
.rs said public sale. The Recorder sheA
advertise and resell The same ia tAs
same manner and form as IN FORMER
sales but for cash H. hand and ID oar
OF redemption 70 the highest ana oVs'
.sfF74- and h- shall execute deeds 70
The purchasers as provided in Section
ian bereiubefCrs. The Mayor shal
hava rha rower 10 bid for the beneh'
al the town OF Spring Hill for sucL
{ -roTer-v Al said sales as in his dlscFe
lion shall be- for the best interest OF
rha Town. provided. that he shall Dlu
no more for any parcel Of property
than the total amount OF taxes, IN
I -a~asr r-DaIries. fees. and costs &c
cruad thereon. and the Recorder snaIl
execute deeds 10 the town u spring
inn for all property so bid on by the
! MAYOR for the town. and such pro
perty shall be held by the town ana
sold and disposed OF by the Board OF
! Navor and Aldermen as III their as
erection may seem best for the interest
sec is. Be it further enacted,
That the first sale hereunder snail De
for the tax due for the year 1909. and
shall include all tax remaining due
and unpaid for any year prior 10 the
! year 1909.
Sec. II. Be it further enacted
That the Board of Mayor and Alder
men shall levy and collect for corpora.
ton purposes a poll tax, merchants
tax. a privilege tax on merchants, in
suring agents soliciting or writing IN
surance in said town, on lie, accl'
dent, casualty, or fire insurance, and
said tax shall be for each company
represented. and shall levy and col
ilect a tax on laundries, either located
in said town or otherwise, which tax
shall be for each laundry or company
represented. and a privilege tax on
ali privileges taxed by the genera
laws of the State for State purposes
within said town, but shall not be
limited in its levy TO the amount hxed
by the State for State purposes.
The Recorder shall issue all priVl'
lege license and collect all privilege
and ad valorem taxes growing out
thereof and place same in the treas
ury.
The Recorder shall collect all taxes
and money due said town, and shall
place the same in the treasury, and
upon the amount so received by him
he shall receive such compensation
as the Board of Mayor and Aldermen
may provide by ordinance.
Sec IS. Be it further enacted,
That the Recorder shall act as Treas
urer of the town; shall receive and
hold all moneys of the town, subject
to be paid out only on the warrant
of the Recorder, countersigned by the
Mayor. and then only when directed
by the Board of Mayor and Aldermen
by appropriation duly entered on re-
cord. The form, mode OF issuance,
and preservation of all warrants shall
be regulated by the Board of Mayor
and Aldermen. He shall keep a
book. showing receipts and disburse
ments. and make monthly reports to
the Board of Mayor and Aldermen,
and shall report to the Board OF
Mayor and Aldermen the state of the
towns financial condition, and accom-
pany each report with all warrants
paid duly stamped and Cancelled.
Sec. 10. Be it further enacted,
That the Board of Mayor and Alder
men shall have power to anticipate
the annual revenue by borrowing
money to meet the payment of current
expenses; provided the amount Dor
rowed shall not exceed forty per cent
of the tax levy for the year in which
said money is borrowed provided,
the members of the Board of Mayor
and Aldermen shall be individually
liable for any sum borrowed In ex-
cess of that amount.
Miscellaneous.
Section l. Be it further enacted,
That the following named persons
shall constitute the Board of Mayor
and Aldermen of Spring Hill until the
regular election and qualification OF
lDelT SuCCtSSOIS at an CICICiOli W "
held on the End Saturday in May,
1909-to wit: f. H. Ayers, Jr.,
Mayor, Aldermen from First Ward,
John S. Odill, A. c. Burkhalter; Al
dermen from Second Ward, R. c. |
Bunch, w. j. Cheairs; Aldermen from
the Third Ward, W. F. Campbell and
J. L. Dudly; Aldermen from the
Fourth Ward, T. B. Bond and w. c.
Branham; that A. j. Campbell will
act as Recorder until a new Recorder
is elected.
Sec .. Be it further enacted, |
That from and after the passage of |
this Act it shall be lawful for the town
of Spring Hill to issue coupon bonds |
in the manner and under the restric-
tons hereinafter provided, not to ex- J
coed the aggregate sum which, taken !
with any debt of the corporation then
existing and not provided for by prior |
assessment of taxes, shall equal ten |
per cent of the value of the property |
subject to taxation by the corporation |
nc cbomn NV tho assessment npXt |