Gloucester County Democrat., 1912-04-18
AN ORDINANCE.

Twelve Thousand Dollars for the purpose
of completing the reconstruction, re-
building and erection of a school house,
and the purchase of the remainder of the
school furniture and other necessary
equipment therefor, and providing for the
borrowing of said sum of Twelve Thous-
and Dollars for the purposes aforesaid,
and securing the repayment thereof by
the issue of bonds in the corporate name
of the City of Woodbury..
WHEREAS, The Mayor and Council of the
City of Woodbury., by an ordinance pass
ed December 18th, 1907, and approved
December 23rd, 1907 appropriating the
sum of Sixty Thousand Dollars for the
purposes of the purchase of a lot or tract
thereon, and the purchase of the school
furniture and other necessary equipment
therefor;
AND WHEREAS, The said sum of $4,000
found insufficient for said purposes, The
Mayor and Council Of the City of Wood
bury, by an ordinance passed July 2Sth,
1905, and approved July Both, 1908, appro-
priated the further sum of $2000O for
AND WHEREAS, The said sums of money
appropriated as aforesaid were found to
be insufficient, owing to necessary chang
es in the plans for ventilating system in
stalled in said school house, the pur-
chase of school furniture and the other
necessary equipment, the grading and
construction of sidewalks and other me-
and completion of said school house, The
Mayor and Council Of the City of Wood
bury, by an ordinance passed February
s, 1910, and approved February 9, 1910,
appropriated the sum of $4,000 for the
said purposes.
AND WHEREAS, The said school house
erected as aforesaid, and the school fur
niture and necessary equipment contained
in said school house, were partially de-
stroyed by fire, and the moneys received
by The Board of Education of the City
of Woodbury., in the County of Glouees-
ter, for insurance on said school house,
furniture and contents thereof, We're
found to be insufficient for the purposes
of e-constructing, rebuilding and re-
pairing of said school house, and the
purchase of school furniture and other
necessary equipment; and The Mayor
and Council of the City of Woodbury.,
by an ordinance passed July IL, 1911, and
approved July II, 1911, appropriated the
sum of $4,000 for the purposes of re-
erecting, re- building and partially COM
pleting school house and the purchase
of part of the school furniture and
other necessary equipment:
AND WHEREAS, The said Board of Edu-
cation has decided to complete the re-
construction, rebuilding and erection of
said school house, and to purchase the
remainder of the school furniture and
other necessary equipment therefor, and
at meeting of the said Board of Edu-
cation held March 21, 1912, resolved that
the amount Of money estimated to be me-
cessary for said purposes to be the sum
AND WHEREAS. The Board of School Es-
innate of the City Of Woodbury., having
fixed and determined that the aforesaid
sum of $4,000 is the amount Of money
necessary for such purposes and having
delivered to the Council a certificate of
such amount and having delivered a
similar certificate to said Board of Edu-
NOW THEREFORE,, BE IT ENACTED,
by The Mayor and Council of the City of
Woodbury., as follows:
FIRST: That the sum of Twelve Thous-
and Dollars be and the same is hereby ap-
for the purposes of completing
the reconstruction, rebuilding and cree
tion of said school house, and the purchase
Of the remainder Of the school furniture
SECOND: That the aforesaid sum Of
Twelve Thousand Dollars be appropriated
and borrowed for the purposes aforesaid.
and for the purpose OF securing the re-
payment of the aforesaid sum of money
that bonds be issned BY The Mayor and
Council OF the City Of Woodbury., with
interest at the rate of four and one-half
per eentum per annum, payable semi-an, n !,
by the Mayor and the City Clerk and seal
ed with the corporate seal of the City of
Woodbury.; and shall be registered with
the Treasurer of the City of Woodbury. I;
all of said bonds shall be numbered and
a register of such number, the date of
issuing and the time of payment of the
same shall be made by the Treasurer of
the City Of Woodbury. in book to be
provided for that purpose; the said bonds
shall be sold at public or private sale and
not for less than par and accrued interest
the bonds SO issued shall be designated
school Bonds Of the denomination Of
Five Hundred Dollars each and shall be
numbered, consecutiyely, from one hum
dred and two to one hundred and twenty
i've, both numbers inclusive , and The said saI
lowing manner One of said bonds on the