The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1910-08-27


date.
Meeting was called to order by the
Hon Arvid Bjork.
Members present; Tnos. Penglase,
Peter Bryson. A. l.. Robbins. WIN.
Nespitt, Henry Doupe and l. II. Jack
son. Also members OF the board of
Special Assessors present; F. Fl. Alb
bott and Prof. w. ID. Hill.
Minutes Of previous meeting was
read and approved.
The following resolution was offered
by Peter Bryson who moved It's adop-
ton seconded by Henry Doupe.
X Whereas in pursuance OF a resolution
adopted by the Council on the first day
Z. of August, A. ID. 1910 the Council and
y board OF assessors have now received
the assessment reported by said board
OF assessor 10 the Council on the said
Il first day OF August, A. ID. 1910
~ Resolved, that said assessment be,
and the same hereby Is. confirmed as
" 40 reported
Resolved Further that the amount OF
said assessssment be- and the same
hereby is, divided into five equal in
stallments. the first Of which shall be
collected at the time OF collecting the
general City Taxes for the year 1910
and one OF the others Of which shall be
collected mt the time OF collecting the
general city taxes for the years 1911,
1912. 1913 and 1914. respectively. with
interest at the rate OF six per centum
per annum from the trst-day Of De-
cember A. ID. 1910. provided that the
whole of said assessment AS 10 any lots
or premises appearing in the roll OF
said assessment may be paid to the city
treasurer at any time prior thereto
with the proportionate interest there
on. (Ayes); Thos. Penglase. Peter
Bryson, Henry Doupe. l. II Jackson
Nays VIM. Nesbitt and A. l.. Roo
bins. Resolution adopted.
Moved by A. l. Robbins and second
ed by Peter Bryson that the new issue
Of Bonds amounting TO SIS, 900. 90 be
drawn TO mature MS follows
Two. thousand dollars 10 become due
in the year 1913.
Three Thousand dollars to become
due in the year 1914,
Three Thousand dollars to become
due in the year 1915.
Three Thousand dollars to become
dus in the year 1918.
Three Thousand dollars to become
due in the year 1919.
Two thousand dollars 10 become due
Ia the year 1920.
Two Thousand dollars 70 become due
in the year 1921.
Ayes Thos. Penglase. Peter Bry
son. VIM. Nesbitt. Henry Donpe, A
L. Robbins and l. II jackson. Motion
carried.
Moved by A. l.. Robbins and second
cd by l. II. jackson that the new issue
OF bonds amounting to SIS. 600. 90 for
paving Superior Avenue shall bear in
terest at the lrate OF i've per centum
per annnm payable semi annually
Ayes Thos. Penglase. Peter Bryson.
VIM. Nesbitt. Henry Doupe. A. l..
Robbins and l. II. Jackson. Nays
none. Motion carried.
Moved by A. l.. Robbins and second
cd by VIM. Nesbitt that said new bonds
to be issued by said City for the pur.
pose. aforesaid and that said bonds
shall be payable semi Annually on thu
first day OF August and the first day OF
February OF each year. Ayes Thos
Penglase, Peter Bryson. VIM. Nebsitt,
Henry Doupe. a. T. Robbins and /
H. jackson. Motion carried.
Moved by l. II. jackson and second |
ed by Peter Bryson that said bonds
shall be in denomination of one thou.
sand dollars each, Ayes Thos. PEN
glase, Peter Bryson, Vim Nesbitt,
Henry Doupe, A. L. Robbins and I
H. jackson Motion carried.
Moved by T. II. jackson and second
ed by Peter Bryson that the proposition
OF the Iron County National Bank Of
the City OF Crystal Falls, Michigan. TO
buy the new Issue Of bonds amounting
90 $is. 600 90 az par and accrued in
terest Sept lst 1910 be accepted
ayes Thos Ponglase. Peter Bryson,
VIM. Nesbitt Henry Doupe, A. L.
Robbins and 1 H. jackson. Motion
carried.
There being no further business, on
motion meeting adjourned.
W J. Gnbble
City Clerk