Fort Mill times. [volume] (Fort Mill, S.C.) 1892-current, 1914-03-19
AN ORDINANCE

Question of Issuing Coupon Bonds. as
Provided by Law, in the Sum of
Fifteen Thousand Dollars for the
Purpose of Constructing Water
Works System and Plant.
Whereas. n majority of the free
holders of the town of Fort Mill. as
shown by the tax books of said town,
have petitioned this body that special
election be ordered as required by law
for the purpose of submitting to the
qualified electors of the town of Fort
Mill whether for the purpose of con-
structing a water works system and
plant, the said town of Fort Mill shall
issue coupon bonds, as provided by law,
in the sum of Fifteen Thousand Dollars,
or so much thereof as may be legally
issued by said town.
Now, therefore, be it ordained, by
the Mayor and Aldermen of the town
of Fort Mill, in council assembled, and
by the authority of the same:
Section /. That an election shall be
held in the town of Fort Mill on the
3rd day of April, 1914, at which cleo
ton all duly qualified registered electors
of the town of Fort Mill shall be
eligible to vote; that the polls shall be
open at the usual polling place from
eight O'Clock Ill the forenoon to four
O'Clock in the afternoon; and that
w. M. Carothers, ID. A. Lee and j. III.
Patterson are hereby appointed man
ayers of said election.
Sec. 2. That at said election there
ch "a hn fnH fn hn
registered electors of the town of Fort
Mill the question whether the town of
Fort Mill shall issue coupon bonds in
the sum of Fifteen Thousand Dollars.
said bonds to bear interest at ii rate
not to exceed six per cent. per annum,
and TO be due and payable forty years
after their date, the privilege reserved
to said town of retiring and redeeming
said bonds, or any part thereof, at any
! time after twenty years from their
date, the proceeds of said bonds to be
applied solely to the construction of a
w ater works system and plant for the
use and benefit of said town and its
I citizens
Sec. 3. That at said election all
electors in favor of issuing said bonds
]
''Shall the town of Fort Mill issue
coupon bonds in the sum of Fifteen
| Thousand Dollars. said bonds to bear
/ interest ut a rate not to exceed six per
/ cent. per annum, and to be due and
payable forty years after their date.
with the privilege reserved to said
town of redeeming and retiring said
bonds, or any part thereof, ut any time
after twenty years from their date,
and the proceeds of said bonds to be
applied solely for the construction of a
water works system and plant for the
use and benefit of said town and its
citizens? Yes
And those opposed to the issuing of
said bonds shall vote the following
ballot:
"Shall the town of Fort Mill issue
coup pom bonds in the sum of Fifteen
Thousand Dollars, said bonds to bear
interest at rate not to exceed six per
cent. per annum, and to be due and
payable forty years after their date,
with the privilege reserved to said
town of redeeming and retiring said
bonds, or any part thereof. at any time
after twenty years from their date,
the proceeds of said bonds to be applied
solely for the construction of a water
works system and plant for the use and
benefit of said town and its citizens?-
No
Sec a. That at said election said
electors shall vote for three citizens OF
the town of Fort Mill who shall be
known IA the Commissioners of Public
Works. and who shall be invested with
the powers and subject of the liabilities
of such Commissioners as now provided
by law.
Sec. >. That the books of rcgistra.
tion of the town of Fort Mill shall be
opened on the l4th day of March, 1914
for the registration of the names of the
qualified electors of said town therein
and shall remain open for a period oi
ten days; and that c. S. Link is hereby
appoint ed Supervisor of Registration.
Done and ratified i'm council assemble
this Bird day of March. 1914
A. II. McELHANY,
Attest: Mayor.