Perth Amboy evening news., 1912-09-03

AN ORDINANCE.
Providing for an issue of Water Bonds
Of the City of Perth Amboy. New
Thousand Dollars.
Whereas, under and pursuant to the
PROVISIONS Of nactofthaL +sfarure
OF New ooersey entitled IAN Act to
enable cities to supply the Inhabitants
water" approved April tw%enty-first,
one thousand eight hundred and sew
enty-six,. and acts amendatory thereon
and supplementary thereto, the Board OF
Water Commissioner of the City OF
Perth Amboy, appointed under and by
virtue Of the provisions Of an act OF
said Legislature entitled AN Act to
provide for the appointment of Water
Commissioners in certain cities of this
State" approved April eighth, one
thousand nine hundred and three. has
determined to construct a water main
across the meadows. from the river
main to the uplands, also to construct
additional wells at Runyon. New Jer-
sey, being an Improvement to the
Of twenty-five Thousand Dollarsi
PERTH AMBOY:
Section !: That for the purpose OF
Of Water Commissioners Of the city Of
Perth Amboy. the negotiable bonds OF
the City Of Perth Amboy In the sum
VI L 4llOuodllu "a o. 70
issued and sold. said bonds to be
twenty-five in number, numbered from
l to 2b, inclusive. Series C, In the de-
n e1 d6a, onob Of s One ThSasa nd Po 1a1a
to become due and payable on the first
day of September. 1912, and to bear
interest at the rate of four and one
semi-annuaily on the first days Of
March and September In each year, in
%terest and principal payable at the Of
flee of the City Treasurer of said City.
Said bonds shall be coupon in form,
but may be converted into registered
bonds at the option of the purchaser or
holder in the manner provided by law
Said bonds and and the GER
tificate for conversion into registered
bonds to be endorsed on the back
thereof. shall be substantially in the
following form:
No.......... No..........
United States of America.
State Of New Jersey.
Estate Coat of Arms.)
City of Perth Amboy,
Water Bonds.
Series G.
KNOW ALL MEN BY THESE PRE-
SENTS, That the City of Perth Amboy,
a municiple corporation in the County
of Middlesex, in the State of New Jer-
sey, hereby acknowledges Itself in
debted and promises to pay to the
bearer hereof,
ONE THOUSAND DOLLARS
in lawful money of the United States
of America, at he office of the City
Treasurer in Perth Amboy. New Jersey,
on the first day of September. nineteen
hundred and forty-two, together with
interest thereon at the rate of four
and one-half per cent. per annum, pay
able at the same place. on the first
days of March and September. each
year, on the presentation and surren-
der of the oupon hereto attached az
t1ey severally become due. This bono
Is one of a series of twenty-five BONDS,
numbered from 1 to 25 both inclusive,
Series G, of like date, amount and ten
or, and maturing at the same time,
amounting in aggregate to Twenty-Five
by the issue of bonds for the purpose
of defraying the cost and expense for
constructing a water main across the
meadows from the river main to the
uplands, also to construct additional
wells at Runyon, New Jersey, being
an improvement to the City Water
Works. contemplated by. the Board Of
Water Commissioners of the City of
of a certain act of the legislature of
the State of New Jersey entitled IAN
Act to enable cities to supply the in
habitants thereof with pure and whole
some water" approved April 81, A. D.
1876, and of any supplement or sup
PIGMENTS thereto. and also under and
by virtue of proceedings of the Boara
of Water Commissioners of the City
of Perth Amboy and the Council of said
City, duly passed for that purpose, and
approved by the Acting Mayor~of said
city.
It Is hereby certified that all con-
ditions, acts and things essential to
the validity of this Bond exist, have
happened and have been done, and that
every requirement of law affecting the
issue thereof has been duly complied
with, and that this Bond is within
every debt and other limit prescribed
by the Constitution and Laws of this
State, and that the faith and credit or
the City Of Perth Amboy are hereby
i~rrevocably pledged to the punctuaI
payment of the principal and interest
of this Bond according to its terms.
IN WITNESS WHEREOF, the City
of Perth Amboy has caused this Bond
to be signed by its Acting Mayor and
the President OF the Board of Water
Commissioners Of the City of Perth
Amboy and the corporate seal Of said
City to be affixed hereto and attested
by the Clerk of said City. and the
coupons hereto annexed, to be exc
cuted by the facsimile signature of
its Treasurer as of the first day OF
September, nineteen hundred and