The Bridgeport evening farmer., 1913-07-07

passed.
 l SENATE BILL NO. 271.
 An Act Authorizing the City of Bridge
 port to Borrow Money on Serial Notes.
 Be it enacted by the Senate and House l of Representatives in General As- I sembly convened:
 Section 1. The common council of l the city of Bridgeport is hereby au- thorized in legal meeting assem bIed. | by vote Of all the members of said pody' subject to the approval of the mayor as provided in the charter of
 said city. to borrow on the credit of said city, an amount not exceed Ing twenty thousand dollars for the purpose of constructing and laying
 sewers. in such places in the city as may be designated by. said common council. Said Notes shall be so made
 and issued that the money so borrow ed shall be paid by the city within ten years from the date of the issue of the first note, in equal payments. Sec. 2. The common council of said city is hereby authorized, in legal meeting assem bled by vote of a ma jority of all the members of said body, subject to the approval of the mayor l as provided in the charter of saiG city, to borrow, on the credit of said l city, an amount not exceeding two hundred thousand dollars for pavement | other than water bound macadan, and l to issue notes therefor in the name of said city Money so borrowed shall l be applied by vote of said common
 council to the purpose of laying per-
 manent pavement or other pavement l other than water bound macadam l upon such streets as may be desig- mated by said common council. Said | pavement notes shall be so made and 1 issued that the money so borrowed I e ho1 ho Taosd .i&- 4I.3- years from the date of issue of the l first note, in equal annual payments. Sec. g. Said notes authorized in sec- l tions one and two hereof shall bear 1 interest at such rate, not exceeding | four and one-half per centum per an-
 mum, payable semi-annually, as may be determined by vote of said com mon council, and shall be signed by I the mayor, treasurer. and auditor of said city. The provisions of this act l shall not authorize said city to issue more than one series of sewer notes, l the total amount of which shall not 1 exceed twenty thousand dollars, nor 1 to issue more than one series of pave ment notes, the total amount of which
 shall not exceed two hundred thou. sand dollars.
 l Sec. A. The board of education of said city is hereby authorized, in 1e- gal meeting assembled, by vote of a majority of all the members of said
 body, to borrow, on the credit of the I city, an amount not exceeding two
 hundred thousand dollars for school buildings, and to issue notes there for in the name of the city. Such
 money shall be used for the erection l of new school buildings, as said board
 of education may determine Said 1 notes shall be so made and issued that | the money so borrowed shall be paid 1 by the city within fifteen years from i the date of the issue of the first note,
 in equal annual payments. Said notes l shall bear interest at such rate not exceeding four and one-half per cen | tum per annums payable senf-annual- 1 ly, as may be determined by said board of education, and shall be sign 1 ed by the president Of the board of education, and the treasurer and au-
 ditor of the city. The provisions of city to issue more than one series of notes for school buiIdines. and the to- 1 tai amount thereof shall not exceed two hundred thousand dollars. Sec. 5. Inc board of apportionment I and taxation of said city shall provide l for the payment of the principal and l interest of the notes authorized in seG- l tions one, two and four as said prin-
 cipa1 and interest become due Sec 6. This act shall take effect l tvY Yenty-f1ve days from its approval 1 unless, within said period, number of voters equal to fifteen per cen | tura of the number last voting for mayor in said city shall petition to have the question of the issue of notes
 as herein provided for submitted to vote of the people. All such petitions
 shall be filed with the town clerk, who shall ascertain the number of peti- tioners thereon and report the same to 1 the mayor, and, if the required number l shall have within said period petition led for such submission, the mayor shall | 1r7o he lar feif fu election to be held in November, 1913, notice that a vote will be taken at
 said election upon the question of 1s-
 suing said notes. Said vote shall be
 so taken that the issue of notes for I each of the several improvements, the
 Submission of which to the vote of the people has been pet1tioned for as aforesaid, shall be separately voted 1 upon. If majority of those voting at said election on the question of the J issue of notes herein provided for vote I in favor Of such issue, this act shall l take effect, and said notes may be is
 sued and the avaiIs expended as here l inbefore provided; but if majority shall vote against such issue notes
 shall not be issued.
 Approved June 5, 1913.
 The bin which it is claimed actually passed.
 SUBSTITUTE FOR SENATE BILL NO 271
 An Act Authorizing the City of Bridge port to Borrow Money on Serial Notes
 Be it enacted by the Senate and House
 of Representatives in General As sembly convened:
 Section 1. The common council of the city of Bridgeport is hereby au- thorized in legal meeting assembled,
 by vote of all the members of said l body, subject to the approval of the 1 mayor of said city as provided in the charter of said city, to borrow on the