The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-09-16
LEGAL NOTICE.

may provide by ordinance; that they
shall became due and payable thirty (30)
years after the date Of their Issue; that
said Bonds shall draw interest from the
date Of issue at the rate Of four and one
half per centum. (4h per centum) per
ann the pst day 81 October Of each year
and shall have interest coupons attached
payable on said dates: that the principal
and interest Of said Bonds shall be pay
able in Gold Coin Of the United States of
America OF the present weight and fine
ness, at the ONCE OF the United States
Mortgage and Trust Company in the City
of New York: and that the form of said
provided in Section hereof; now. there
fore,
Be It ordained by the Mayor and Coun-
ell OF the City OF Pensacola:
Section l. Thst in accordance with
the recommendation OF the Board OF Bond
Trustees Of the CITY of Pensacola. nego-
table coupon bonds Of the City Of Pen.
sacola shall be issued IN conformity with
said recommendation. for the purpose
vided. The said Board Of Bond Trus-
tees is hereby authorized and directed to
have engraved such coupon bonds Of the
City OF Pensacola, to be known as RE
funding Bonds Of the CITY Of Pensacola
Florida 70 the amount Of Two Hundred
and Fifty-fcur Thousand ($254, o0o. 00)
Dollars. each Of said Bonds to be Of the
Isl. ooo. Ool; to be numbered from one to
two hundred and ffty-four both III
elusive; to bear interest at the rate of
four and one-half per centunn an per
nually April LIST and October 1st: to bear
date October 1. 1911; to be payable
thirty (3o) years after. said date. The
be payable at the ONCE OF the United
States Mortgage and Trust Company in
the City and State of New York.
Sec. 2. That II. accordance with said
recommendation Of the Board of Bond
Coupons shall be substantially as fol-
UNITED STATES OF AMERICA.
STATE OF FLORIDA,
Mo- CITY OF PENSACOLA No
$1,000 REvUNDING BOND. 81 900
For value received, the City of Pensa-
cola, q municipal CORPORATION in the
State Of Florida hereby acknowledges
itself Indebted and promises to pay to
bearer the gum of One Thousand Dollars
($1.000) th!ty years after date, with in
terest at the rate OF four and one-half
per centum per annun, payable semi
annually April and October l. on pre-.
sentation and surrender Of the annexed
interest coupons as they severally become
payable in gold coin Of the United States
Of America Of the present standard
weight and dneness at the Office OF the
United 4, States .s ,I Mortgags and Trust Com
This bond Is issued by the City OF Pen
sacola for the purpose of refunding GER
tain valid outstanding. subsisting bonded
indebtedness Of said City. maturing in
the year 1911, under and in full com
pliance with the Constitution and Laws
OF the State of Florida. including among
State Of Florida, entitled IAN Act re-
lating to the issuance OF bonds and spec
ial tax bills; the assessment, levy and
collection Of taxes; the licensing. regula-
ton and prohibition OF business, occupa-
tions, trades and amusements, and the
abatement Of nuisances, by the City OF
Pensacola, and also to further alter and
increase the jurisdiction, privileges and
powers OF said City In other matters per-
tanning to its general welfare, and to re-
wise, -supersede, or repeal conflicting
laws" approved June q. 1911. and the
proceedings OF said city duly had and
adopted In accordance with the Consti-
tuition and statutes OF said State and the
Charter Of said City.
It Is hereby certified, recited and de-
clared that all acts. conditions and things
required to exist, happen and be perform
ed precedent to and in the issuance of
have been performed in due form and
manner as required by law and that
neither the amount of the Indebtedness
hereby refunded. together with al other
indebtedness OF said City existing at the
time Of the. mourning of the same, nor the
amount OF this bond, together with all
other Indebtedness Of said City existing
at the time Of the i-ruance Of this bond.
exceeded or exceeds any limit prescribed
by the Constitution or statutes Of said
State or the Charter Of said City. and
that the faith and credit of said City and
the entire taxable property in said City
are hereby irrevocably pledged to the
punctual payment Of the principal and
interest Of this bond.
In witness whereof, said City Of PEN
sacoia has caused this bond to be signed
by its Mayor. City Comptroller and Chair
man Of its Board Of Bond Trustees and
the corporate seal of said city to be
and the coupons hereto attached to bear
the autographed or engraved signatures
OF said Mayor, City Comptroller and
Chairman Of the Board Of Bond Trustees,
and this bond to be dated the first day
CT October, 1911.