Perth Amboy evening news., 1912-09-07

Washington hall.
AN ORDINANCE.
Providing for an Issue of Water Bonds
of the City of Perth Amboy, New
Jersey, amounting to TveDty-fiVe
Whereas, under n pursuant to the
provisions of an act of the Legislature
of New Jersey entitled An Act to
enable cities to supply the inhabitants
thereof with pure and wholesome
water" approved April t~wenty-first,
one thousand eight hundred and sew
enty-six, and acts a~mendatory Thereon
Water Commissioners of the City of
Perth Amboy, appointed under and by
virtue of the provisions of an act or
said Legislature entitled An Act 10
provide for the appointment of Wat-r
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 al improvement to the
water works of said city to the amount
of Twenty-Five Thousand Dollars;
BE IT ORDAINED BY H CITY OF
PERTH AMBOY:
Section /. That for the purpose of
providing for the payment of said i'm
provement contemplated by the Board
of Water Commissioners of the city OF
Perth Amboy, the negotiable bonds of
the City of Perth Amboy In the sun
of Twenty-Five Thousand Dollars. be
issued and sold, said bonds to be
twenty-five in number, numbered from
/ to %, inclusive, Series C. in the de-
Cs1. 0Oo) each. dated September /, 1912.
to become due and payable on the first
day of September, 1912, and to pear
interest at the rate of -four and one
'semi-annually 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
but may be converted into registered
bonds at the option of the purchaser or
holder in the manner provided by law
Said bonds and coupons and the Ger
tificate for conversion into registered
bonds to be endorsed or the back
thereof, shall be- substantially in the
following form:
United States of America.
State of New Jersey.
Estate o of Arms.)
City of Perth Amboy.
Water Bonds.
Series c.
KNOW ALL MEN BY THESE PRE-
SCENTS, That the City of Perth Amboy
a municip1e corporation in the County
Of Mfddlesex, In the State of New Jer-
sey, hereby acknowledges Itself in
debted and promises to pay to the
ONE THOUSAND DOLLARS
in lawful money of the United states
of America. at the office of the city
on the first day Of September. nineteen
hundred and forty-two, together with
interest thereon at the rate or 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 coupons hereto attached as
they severally become due. This bond
is one of q. series of twenty-five bonds.
numbered from 1 to rs both inclusive,
Series c, of like date, amount and ten
or, and maturing at the same time,
Thousand Dollars, ordered to be raised
by the issue of bonds for the purpose
of defraying the cost and expense Tor
constructing a water main across me
.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
Perth Amboy, under and by authority
of q certain act Of the Legislature or
the State Of New Jersey entltled An
Act to enable cities to supply. the in
habitants thereof with pure and whole
some water" approved April Fl, A. ID.
1875. and Of any supplement or sup.
PIGMENTS thereto, and also under and
by virtue of proceedings Of the Boaru
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.
1t Is hereby certified that all con-
ditlons, 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 compiled
with. and that this Bond is within
every debt and other limit prescribed
nv the Constitution and Laws of this
State. and that the faith and credit OF
~irrevocably pledged to the punctuaf
payment of the principal and Interest
IN WITNESS WHEREOF, the City
of Perth Amboy has caused this Bond
to be signed by It's Acting Mayor and
the President Of the Board Of Water
Commissioners OF the City Of Perth
Amboy n the corporate seal Of said
City to be affixed hereto and attestsd
coupons hereto annexed, to be exc
cuted by the fac-simile signature OF
its Treasurer as of the first day OF
September. nineteen hundred and
twelve.