The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-05-14
CIaSS ffed
Legal Advertisements.

of all the members of the City Council.
and shall at all times be subject to such
| approval. All interest aCcruing from the
| loan of any of said money shall be held
| and invested as part of the sinking fund
provided for the payment of said bonds.
shall offer said bonds for sale by notice
published in newspaper published in
| the City of Pensacola and in a newspaper
! published in the City of New York, or
such other cities as the Bond Trustees
| may deem advisable, and calling for seal
| bids for said bonds thirty days after the
specified in said notice for receiving bids
| the Board of Bond Trustees, at a meet
ing to be held at the, City Hall in the
read all bids received, but no bid shall be
accepted unless it shall be approved by
Trustees shall have the right to reject
any and all bids, and with the approval
OF the e,, Council to re-ad Divert for sale;
| bonds remaining unsold.
Section s.. That all bonds when en-
| graved. shall be. placed by the Board OF
| Bond Trustees in such bank, or banks.
or other depository as shall be approved
| ny the Council of the City of Pensacola.
and all money, received from the sale of
said bonds shall be deposited by the
| Board of Bond Trustees with such de-
| pository, and any monies not needed for
| Immediate disbursements shall be placed
| at interest by said Trustees at such
! places and upon such terms and condi-
tons as the Council may approve.
-, Section 6. That it shall be the duty of
the Board of Bond Trustees whenever it
sells. otherwise disposes of any bond
| or bonds. to register the same in a book
| to be provided for that purpose and to be
kept in the office of the Comptroller.
Such registration shall usow the number
! and denomination of each bond. when and
! to whom sold how disposed Of and the
amount for which sold or disposed Of
| Section 7. That the City Comptroller
! and all other officers and agents collect
| ing or receiving any money from any as
! a 70 ha
! piled to the payment of the principal or
interest Of said bonds, or any of them, or
! any portion of the Indebtedness created
! thereby shall make semi monthly or
oftener, if required by the Board of Bond
! Trustees, written reports, in duplicate,
showing the exact amount collected or
received by them, and the person or
! source from which the same was re
ceived, or collected. One of said reports
shall. be kept in the records of proceed
| inSs of the Board of Bond Trustees, and
! the other shall be filed with the City
Comptroller and entered by him in a
der the direction of the Finance Commit
J tee of the City Council.
! Section 8. That the Mayor of the City
/ of Pensacola is hereby directed to issue
| his proclamation calling an election to be
held on the 14th day of June, 1910. to de-
bonds for the purposesNand amounts
! herein enumerated or anyNf them, shall
at that time be approved by the majority
of the votes cast by the qualified electors
( qualified to vote and voting at said cleo
J ton. Said proclamation Shall be pub
! lished daily in a newspaper published in
| of one week.
| Section g. The Board of Bond Trus-
| tees herein referred to, shall be the same
/ Board which was provided for, and now
exists, and shall exist hereafter under the
! provisions of the ordinance of the City
! of Pensacola. entitled: "An Ordinance
! to SrOvide for the issuance Of bonds of
( the City of Pensacola, Florida, under and
by virtue of an Act of the Legislature of
| the State of Florida, entitled: "An Act
to authorize the City of Pensacola to issue
negotiable bonds for municipal purposes,
and provide for the payment thereof, ap
proved May u. 1905, and the members of
| said Board shall furnish such additional
| bonds for the faithful performance of
| their duties, as the Council may from
Section TO- That the ballots used in
said election shall be substantially in the
! following form:
| OFFICIAL BALLOT.
SPECIAL BOND ELECTION, CITY OF
PENSACOLA.
Election Precinct No........
(The voters must make a cross mark
| (X before the words For Bonds" or
proves. or disapproves, of the issuance
of bonds for each OF the respective pur-
poses and amounts.
go. For Bonds. For the purpose of.
J.. Against Bonds. grading, paving. curb
ing and otherwise i'm
| proving the streets
and public ways of
| said city. the sum of
| One Hundred and
Fifty Thousand(s150,-
| 100000 Dollars.
| For Bonds. For the purpose of ex-
| ....Against Bonds. tending and improv-
| ing the city's system
| of sewerage and
| drainage the sum of
| One Hundred Thous-
and (s1o0,ooO,oo) Dol
| For Bonds For the purpose of
....Against Bonds. providing and erect
ing a public market
in said city. the sum
(S50. 900 OO) Dollars.
| Each cross mark on said ballot in front
of the words For Bonds shall constitute
| a vote of the electoT making tETs- same in
! favor of the propostion~to issue bonds
| for the purposes and amounts specified
! and each such cross mark in front of the
words Against Bonds" shall constitute
| a vote of the elector making the same
against the proposition to issue bonds for
| the purposes and amounts specified. If a
ma jOrity of the votes in said election shall
! he cast in favor of bonds for any of the
amounts and purposes specified, then the
bonds shall he issued as herein provided
| for such amounts and purposes: but. un-
less a majority of the votes cast shall be
| so cast in favor of the proposition to
| issue bonds for the purposes and amounts
| specified, the amount proposed to be is
sued for such purpose and amount shall
Section IL The City Registration
| officer. shall as soon as possible after the
adoption of this ordinance. under the
| supervision of the Board of Canvassers
herein provided for, prepare a list Of all
qualified voters residing in each election
precinct in the City of Pensacola who
| shall have paid taxes on real estate or
personal property to the city for the year
! for which taxes were last due and pay
| able next proceeding the day Of aid
| election. Said registration list shall be
completed an dsubmitted to the Council
| for its approval not later than the first
dav Of June, 1910. and said Register shall
| give notice by publication in a daily
newspaper published in the City of Pen
sacola, for the space Of three days. of the
exact time said list shall be submitted to
| the Council, and calling on all citizens
| to show cause. if any they can. why said
| list should not be approved. and copy OF
| said list shall remain in the Registers
! office for public inspection during the
! time said notice is being published. Be.
| fore approving the registra tion aforesaid,
| the Council shall order stricken there
| from the name of any person appearing
| thereon who may be shown not TO be
| legally qualified to vote at said election,
| and shall order the names of any per-
| sons thereon not appearing thereon who
| are legally qualified to vote at said cleo
| ton when petitioned by such person so
| to do, but. before the Council shall order