The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1913-10-11
Series No. 4, Ordinance No. II.
An ORDINANCE

To Be Entitled an Ordinance for the
Engraving, Issuance and Sale of Improve
ment Bonds of the City of Pensacola in
Accordance with the Provisions of the
Ordinance of Said City, Approved Novem-
Der 10Th. 1872. and Under and by Virtue
of Florida, approved May %, 1918
Whereas, the Act of the Legislature of
the State of Florida, approved May %;
Validate the Ordinance of the City OF
Pensa cola, passed November 81, 1912, ap-
proved November 49, 1912, entitled: An
Ordinance to Provide for the Issuance of
Bonds of the City of Pensacola, Florida.
Under and by Virtue of an Act Of the
Legislature of the State of Florida, en-
titled: AN Act to Authorize the City of
Pensacola to Issue Negotiable Bonds for
Municipal Purposes and Provide for the
payment thereof, approved May IL, 1905,
and the election held pursuant thereto
on the 10th day of December, 1912, and
all proceedings in connection Herewith,
to authorize the issuance of bonds pllr-
suant thereto and the levy of a tax for
the payment of said bonds" the City OF
Pensacola is authorized to issue bonds
to an amount not exceeding -Four Hundred
Thousand ($4o0, 600 oo) Dollars for the re-
and in accordance with the provisions Of
the aforesaid ordinance which was ap-
prved November %, 1912.
Whereas, Section 30 (30). of the Act
of the Legislature of the State Of Florida,
approved May 3rd, 1913, entitled: IAN
Act relating to the City Of Pensacola, TO
create a commission form OF govern
ment for said city, ETC. provides that
the Board of Commissioners therein
provided for, shall have, possess and
exercise all powers and duties granted
to and imposed upon the Mayor, the CITY
Council and the Board Of Bond Trustees,
and each of them by the aforesaid or
dinance which was approved November
20, 1912, and that all bonds issued under
the provisions of said ordinance shall
be signed by said commissioners; and
Whereas, The aforesaid Act, which was
said bonds shall be executed and signed
in the manner directed by said section
thirty 600 of the aforesaid Act, which
was approved May Bird, 1918.
Whereas, Under and by virtue of said
Act of the Legislature of the State Of
Florida, approved May Bird, 1913 an
said City of Pensacola on the second day
of June, 1913, for the election by the
qualified voters of said city of three
commissioners to constitute the Board
of Commissioners created by said Act.
Whereas, At said election Adolph
Greenhut, Frank r. Pou and Thomas H.
commissioners, as provided in said Act,
May 3rd, 1918, and have duly
qualified by giving bonds and taking
oaths Of office, and otherwise as pre-
said city, and the laws of the State Of
Florida, and are duly constituted the
Act, of May Bird, 1913; now, therefore,
Be II Ordained by Said Board Of Com
rnissioners of the CITY of Pensacola:
Section l. That negotiable coupon bonds
Of the City Of Pensacola, authorized to be
issued by the aforesaid Act, approved
May % 1913, shall be engraved, issued
and sold as hereinafter provided, and in
accordance with the provisions of the
aforesaid ordinance and laws of the State
Of Florida, for the several purposes and
amounts following:
For establishing, constructing and
equipping one or more municipal wharves.
Dr. docks, including dredging and other
necessary harbor improvements, and the
purchase of property necessary TO sup
plant city property to be used as sites
for such purpose, an amount not eX-
-eeding Three Hundred Thousand Dol
ars.
For establishing, constructing and
equipping municipal railroads to con-
meet municipal Wharves, or docks, with
1ther wharves, docks, railroads and in
Iustrial establishments in the city. in
Guiding the purchase of property and
rights and furnishing motive power
therefor. an amount not exceeding One
Hundred Thousand Dollars.
Section 2. The bonds authorized to be
issued hereby shall be signed by
he commissioners of the said city
md the corporate seal of the said
.ity shall be affixed to said bonds
and attested by the city clerk |
rhe coupons attached to said bonds |
IhaIl be signed with the autographed or /
signatures or the said COM
ntsstopSrs. SAID bonds sha4 be known