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


p1ppfsions Of IAN Act of the Legislature
ofHthe State of Florida, approved June 9.
issuance Of Bonds and Special Tax Bills:
sttfe@ Assessment, Levy and Collection OF
Taxes; the Licensing. Regulation and
prohibition OF Businesses, Occupations
Trades and Amusements. and the Abate-
ment Of Nuisances by the City OF Pen
gacola, and also to further alter and In.
powers of said city in other matters per-
tanning to It's general welfare ana 70
revise, supersede or repeal conncLnlg
Laws. the Mayor and Council Of the City
OF Pensacola. Florida, are authorized 70
refund the bonded Indebtedness OF said
city maturing in the year 1911, and Tor
that purpose are empowered 70 issue ne
gotlable coupon bonds OF SAID CITY o.
tsuch denominatio bearing such rate OF
Interest not exceeding I'VE per cent &
per cent? per annum, and upon sucn
tbe determined, to an amount not exceed
ing the total amount Of the principal ana
lone years interest OF the bonded indebt-
tedness refunded; and
Whereas, the bonded Indebtedness Of
sists Of bonds Issued by said city pur-
ppoRed e S1 1881 Se Entitled
Ordinance to Authorize the issue OF a
New Series Of Bonds In conformity with
sthe- vote Of the citizens. at an election
tsatisfaction Of former series, which
ssaid indebtedness will mature on the LIST
Eday Of November of said year. and on
tsaid date the total amount Of which said
Indebtedness, including the principal and
Zone years interest thereon, VIII amount
tto the sum 0f Two Hundred and Fifty
Whereas, said Act Of the Legislature
of June 3. 1911. provides, among other
things, that the Board Of Bond Trus-
Florida of 1905, shall be the Trustees for
the Bonds authorized to be issued by
said Act Of June 8, 1911, and as such.
All the duties in reference thereto as
said Chapter $3.50 vests in, and imposes
<upon. them as to such other Bonds mem
ftioned-f said Chapter, and requires that
said Bod Trustees shall recommend to
1.-THE Council the form of bonds to be is
tsued. and shall attend to the engraving
sof said bonds as may be provided by or IT.
fDonds as soon as same are prepared and
iexecuted and shall thereafter have the
care and custody thereof until the same
are sold. and shall receive and control
all moneys arising from the sale OF said
bonds and faithfully apply the same as
may be. directed by resolution or ordi-
pose for which said bonds were author
lied; and
whereas, the city Council as provided
by said Chapter $3.50. has duly elected
as a Board Of Bond Trustees three duly
qualified voters Of said city. who own
real estate therein. such Board of Bond
Trustees being composed OF the follow
EBinghAm and Jos. v. Riera,. which said
TRUSTEES have duly qualified by giving
tbonds and taking oaths of office and
of said city and the Laws Of this
State, and said Board of Bond Trus-
tees. has recommended to this Coun--
Gil that the negotiable coupon bonds Of
said City shall be engraved. issued and
sold for the purpose of refunding the
bonded indebtedness Of said city. which
will mature on November 1, 1911. as
saFc ~ hat eat he
in the name Of the City OF Pensacola,
and bear the corporate seal OF said City.
shall be known as "Refunding Bonds Of
the City Of Pensacola, Florida" and shall
fbe signed by the Mayor, the City Comp
troller, the Chairman Of the Board OF
Z Bond Trustees and attested by the City
G10ukssthat said Bonds snail be OF the de-
r.F1orrf4natfen-ofs 81 eco 0e, and shall be num-
fJefed yinFt the order in which they are Is
sued; that said Bonds shall be issued on
the LIST day of October, A. D. 1911. or
at such time thereafter as the Council
may provide by ordinances; that they
shall became due and payable thirty 600
said Bonds shall draw interest from the
date of issue at the rate Of four and one
half per centum. (41z per centum) per
and the list day of 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. a8' the Office of the United States
Mortgage and Trust Company in the City
Bonds shall be such as Is hereinafter
provided in Section hereof; now, there
fore,
Be It ordained by the Mayor and Coun-
Gil of the City OF Pensacola;
Section /. That 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
funding Bonds Of the City OF Pensacola.
Flcrfda. TO the amount OF Two Hundred
and Fifty=four Thousand C$254, 00000)
denomination Of One Thousand Dollars
fSkRa0.o0)s to- be numbered from one to
a two shundred and ffty-four. both in
four and one-half per centum (4h per
centum) per annum. payable semi-6n-
nBally April list and October LIST: to hear
thirty Cso) Years after said U date pS@ The
pfmcipal and interest OF said Bonds shall
hef payable at the ONCE OF the United
States Mortgage and Trust Company in
Sec. 2 That in accordance with said
Recommendation OF the Board Of Bond
Trustees 1he form Of said Bonds and
srrSfrED;. STATES OF AMERICA,
STATE OF FLORIDA,
No CITY OF PENSACOLA No
$1,000 REFUNDTNG BOND $1,000
For value received, the City Of Pensa-
cola, municipal corporation in the
state Of Florida, hereby acknowledges
itself Indebted and promises to paw to
bearer the sum Of One Thousand Dollars
1Sl,000) thity years after date. with IN
tefest at the rate of four and one-half
per centum per annum, payable semi
annually April 1 and October I, on pre-
sentation and surrender OF the annexed
interest coupons as they severally become
dues both principal and interest being
payable IN gold coin OF the United States
q america OF the present standard
weighf and fnepess at the ONCE OF the
United states Mortgage and Trust Conn
pany IN the City and State Of New York
Inis POND Is issued by the City of PEN
faeola LOT the purpose OF refmding GER
tain wand outstanding, subsisting bonded
mdepteoness OF said City, maturing in
tne year 1911, under and In full COM
pnance e Win the Constitution and Laws
OF the state Of Florida, including among
others an act OF the Legislature of the
|, state on Florida, entitled "An Act re-
Ating 70 the issuance OF bonds and spec
! 1al TAX DIS the assessment levy and
coAecton OF taxes; the licensing reg11la-
ton and prohibition OF business. occupa-
lions, trades and arnY,Sa,,,u,-4- 90