The enterprise-recorder. (Madison, Fla.) 1908-1933, 1910-03-31
ORDINANCE NO. a..

A, Ordinance nrescrihihr the form and details of
the issue Of $1,000 school bonds Of the Town of
Madison and proyiding for the levy of a tax TO
nav the principal and interest thereof at maturity
| Whereas, al an election duly and legally called
and held In the Town of Madison on the sixth day
Of July 1909 more than majority of the qualified
voters of said town voted In favor of the issuance
Of bonds OF said Town in the amount of $4,000 for
the purpose of raising money TO be used IN erect,
ing or aiding ~ the erection Of donnliory and
| school building now situated in said town, now
called the Florida Normal Institute, or such add
tons thereto as may from time TO time be deemed
necessary BY the Town Council for the mantcn'
anct or efficiency of any school schools that may
| be established or conducted therein; and
Whereas said bonds have been duly advertised
for sale, and a contract has been entered into for
at price which is in excess Of Os cents on the dol
| Lao and
Whereas, AL acts, condiuons and things Ie9alIsSo
by law precedent 10 the issuance Of sald oonos
have been had and done in the ume, form and man
| ner required ~ Jaw ,..,,.. a.. ca,,.,.,, q
NOV lherei9ts, DC " oruaineu ny u'e Nou''N'' va
the Town OK n, Mauson, ricfiua' -a,.,., .,,o,o,,
section Ihat Tor the purpose OF ia'slne llo,eS
/ 10 De uscd IN erecung OF 10 hu ~ tpe eiettio''
OF dormitorv and suCh other pnhuihgs ~ tonnee
non WIN the PUBIC sSh9oi uurSns my w.,
/ IN sau town, now Saleo the rlor ga NVrn'a' ~
ttnte' or such aduihons tnereto q may lio'l u'nS
70 ume We deemed necessary oy t'e iuw" MI ~
10, ths ilntenaee ai,a J't,ey y. 'ha,e'
sSnools may may DC aS sec,eS ~, bs
] a a a
saeu the neRouaple coupon Donu- OF silu iYw " "a
Maois;n ~ t'e mount OF siiteen lnousanu "a az
lars Wlo,VVO)' CONSISTING OF unty ponos oi tne ue
nomlnation OF fouO eaeh, numbered 70 ~ lneius
we. Saiu ponus sna,l DC h,owh anu uesls' ,s'i
as School Bonds, shal pc dated septemnsr ioin'
IyOs shall mature tnirty V3O) cars from 'ner aae,
the Iown, however reserNing the opton 70 teure ~
the same at Any Time after hNe years nom uheI
dat ! shAll Dear interest Az inc ralv OF SIX w 81
centrum per annun, payable ANNUALLY on septeinuei
loth OF each year ana poln prpeiPa, anu
| snal pe pISaole IN law,u nloney Va Wy S r
states az the once OF the treasurer OF ule 10y.
OF Madlson' fioilda OF az ule opnoi, OF Ins noueI
OF sara ponds AZ the ONCE OF DuNe Va; rIrso',l "
The CITY OF chicago, Illinois, payable ID new fofH
Exchange, 49,, - ~. a.
| S'cuon Sald ponds and coupons shail pc IN
substantially inc fonowihg io'ins' respectively TO-
! WI -,.,, -.
| UDlted States OF Amenca, Siaie OF rloilua' OounF
OF Madison, Town OF Madison
SCHOOL BOND
| No.. $500.
| Know all men by these presents, that the Town
| Of Madison in the County Of Madison, State Of
Florida, a duly organized municipal corporation
under the laws Of SAID State, acknowledges itself
indebted and for value received hereby promises to
paw TO nearer FiveIIuDdred Dollars IN lawful money
of the United States Of America, on the 18th day
of September, a, ID. 1889 or at the option of SAID
town at any time after Ave years from the date
hereof, together with interest on said sum from the
date hereof until paid at the rate of SIX (6) per
centum per annuin, payable annually on the 10Th