The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1912-11-30
LEGAL NOTICE.
Series No q ordIraacs 40. ss
An ORDINANCE

~ ORDINANCE.
EruHrd IT. provide far tre Issuance
uufar ard bv vi-tee ~ an Art IN ne
LEGISLATURE ~ the state Hf FLORIDA ems
ut'rf An Act a. AuthnriEr the City
e. ' w,.-ar q .ssss nss'',ahls bonds ,
t.r payment thereof, approved Nay tgth.
~ d Ordained 81 ne Mayor ana Council
90 the CITY az Pensacola
Section That negotiable COUPON bonds
n tne CITY 70 Pensacola shall ~ iaFurd
e. herfinaf tsr provided Tor the several
purposes and amounts mentioned a. foe
PR tbs purpose - sstabllshina con-
strlctlnE and equirpinN ore ur more M
niciTal wharvea or decks, inciudinH dredn-
menta and the purchase % property
necessary to supplement city property 70
b. ussd as sites Tor such purposes. the
sum q Three Hundred Thousand
$500 n9a COD Dollars. ur 20 much thereof
a. may be- necessary.
pr the purpose 81 establishing. con-
ffrlrtnE ara equlpuinE Municipal rAn-
900 sin atser wharvss' sooss' rsiroass
and Industrial establishments On the city
Including the purchase ~ property and
rrhta and furnishing motive power
dreH Th6usana tfieo 900 oal nouara 81 -
much thereof 81 nay 30 necessary
ANY money received from the sale ~
any - said bonds Witch shall not be
used FOR che purpose authorized. shall ~
piarod N ths slukinw hinsi and Used sole
N FOR thc purpose ~ refirtnE the bonds
issued uuter thia ordinance
section q That the bonds provided fnT
herein shah - knoNn 80 'Tmprovsmsnt
Bonds 20 the city ~ pcnsarcia. Florida
They shall - issued OH ths name ~ fhe
CITY ~ rsnsaoola, and shall - siEnsa
ths chairman - the naard III Bona rrls-
tees and shall bear the corporate sea
81 the city ~ Pensacola said bonds
.aaA - = ths drnomination q one
numbered ronHrruuNeiY. TIE form -
bond shall 30 a. HrFeiraffrr nru7 idef b.
rrfinanre recommends ~ the Roard -
Bond Trustees Sad houdH shall - is-
a. such time thereafter aa ths Council
NAV provide - nr1inanre. and fhHv srail
become dus ant ravahis thirty years
baras shall besr int-rr-t from ths date
rf their issue 80 a rate uUt eNrnefinE hFs
t' nFr r~rfur rer arrunf. payable ser-i-
pms attached. The rrinripai and inter-
aHf rf eaf handr shall 30 payable On COLA
-r'~ ~ tHs rnifrN states - enc present
uH.E go hnf rrrrrHH Dr. EIrI piars ~
places as may 30 fsstrnafeH ~ nrsiinnnrn
rrearrlhinE fns form q $40 honds
Section 2 That fnr me purpose ~ o. ~
'rE ere principal ard Interest ~ tfr h1uHs
herein provided f1r, tHs snnrr tayah.F
hereby pledged and r shall 10 tbs duty
~ frF Mayer suf Council ~ fhr cts -
. Pensacola to lew annually special tas
CT aN tarahir nroperiE within fhn cor
. necessary fn uar fHr Interest ~ aaIF
bonds ara tn provide a sinking fffrI frr
f#F payment 20 sid bonds Tire taN
Z lew Or provide a tinkInE fund shall. 40.
nuanv. from enc date - said bonds t6
January Sea 1873. amount 20 urt less
fhar nrs-taf - 0ne prr cert ~ f'Ia fnfai
. ar1~urt m h~nfs iaHusd mnf fhsr~aftsr
cent ~ ths a--oart ~ sais bands srf
Z from "a after January let fa1f fa
January 1858. - nuf isss fhan on ans
ens.haF p~r cent - re amount ~ Fad
h1lds snf freTr sna afteg January ist
. iars e. Tanuarv Ter 1852 to not leaf
/ thar $50 pr cent y the amount n sais
7 bnrfs ant from auf nftrF Fauuarr LIT
~ -. " % ~. .5 a y go -, 80 CO. N
Z mrnrv raiH@' ~ taNatian ~ otherwise
. frr tfs payment ~ ths interest ~ prln-
-insi = said henfs shan. whsn collected.
~ Pensacola whn may invest The aarn..
nr - much thereof 81 nav - aHvtan n. =
FRI NrrfH ~ ere United states Govern
msrt e ronff r. any state. County -
rity. ~ NAV iaan same wBth any ~ sata
benfH e. collateral rerurffr ~ ~ Natinu-
8. Bank CerfiacsteE - isposit uffh ar-
prove collateral Provided that 81 surh
I Investments and loans shar - made ufth
hera ~ enc CITY Camel arf ahau e.
4 81 times b. sHhfrrf ~ s1rh anr~ovaf
Section The fasf Hnarf ~ nora
" Trustee HEaH OFFER Eahf hrnfr fHr - :
. 81 notice published ln reuFuaflrr pub
49, Iu fhn CITY - Frnaarnla anH H. 3
rewspanfr publishes iH tie rifV N Nsw
. Vera ~ ~Ira other cities az ths bond
. Trustee NAV deer afEIHaHIr. and Hanfra
. Or sea 80 hiss frr SAID hru.fH fHfrfV frnB
HarH 1ffHr ire Har HrFFfHf1 Ir FMtH notice
Nr ere .HH specified fr saI EnfIrf faf
rH-rfF|HE BIAS. Gro Hrarf ~ nrrH Trr.s-
. farF. a. rrsfinE fH D. heif 90 fhs city
u FH" 'r frF CITY M rawFnHnla shah rnhe