Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-01-08
CITY ApvERrrsEMENTs.

/ CITY ADkEHIASEME6H
thres hundred thousand dollars ess.soe.oool.
Note for 500. ooo dated April u. 1913.
Hoffman and Company q New YORK
I Seven notes aggregating $1,000. 0oG. Zach
/ 1914, payGbls 20 Brown Brothers, Of New
Note for $50. coo. dated September s. 1875.
que que, Marca 1slt payable 90 BroFvn
/ Note for 500, 600. dated September e. 1913.
cue March 6. 1919, payable to Brown
| sevsn notes aKgTeEatine $4,000, saosz
dated September -. 1913. each due Aarcn
y. 1sl%. payable to Brown Brothers. Of Hsr
Note for $4,000. GATED September Is. 1913.
que March Is, 1914, payable 70 TIE DE1
Note FOR 10000, dated September ~
1913. due Naroh r. 1918 payable 70 the
Note Tor $4,000, i dated october 10, 1s1s.
due April ~, 1919, payable 70 the German
Savings Bans q Newark
due February ~, 1915. payable to the So,
Gurity Savings ssnls OF Newark.
Note for $4,000, dated December Is 1915.
Ward National Bank Of Newark
Two notes sggregating i2ee.eoo. saea
rusry 10. 1914, payable 10 Kidder, Peabody
and Conpang- Of New York.
| whereas said notes were issus4 for money
honestly loaned IN good faith to the Mayor
and Common Couacil Of the city OF rsusri,
equal to the principal sum thereof, and they
within one year. and no part Of said nofee
has bean paid, and the city ss with
has sse8 sds IN any tsx isSy os Ssrxs
for the payment OF said notes; now. there
fore,
Council Of tie city Of Newark:
Section =. Tint for the ptrposs OF z-<s1uE
! . portion OK Hald notes IA pursuance ~ the
aDLldrHtE Hsrraf by act "a Tzael -
iseurs OF the state Of New Jersey eutifi %
IAN act authorizing the Incorporated cities
TO fund their floating indebtedness and their
natursd and maturing bonds.'t approved
thereof and Supplsnsntai thereto. bos5ds u
the city Of Newark IN the aggregate grin
sipal sum OF Two million two hundred thou-
amount OF bonds being less than 50 s-5st
o. the amount Of said notes insued sfors-
said.
| Section :. Said bends shall Be sesiknzs.d
Funding Bonds. Series /. and shall be f.
sued In denominations OF one Thousand dol-
I the purchaser shall elect and shall be eor-
secutively numbered. each dated February 1
t.r a at the rate Of four ana ons.hsT psr
centum ~ per cent? Per ennnEn. paxabl~
semi-annually on the first days Of August
and interest being payable at the National
State Bank Of the city Of Newark IN rold
coin of the United States Of America or tina
| its equivalent said bonds shall De executed
under the corporate seal Of the city ana
signed by the Mayor and Comptroller and at
tested by tho City Clerk. and coupons at
tache6 10 said bonds shall be signed zlthl
and shall be numbered TO correspond with.
the bond to which they shall be respectively
attached. Said bonds shall be coupon bends
With the privilege OF registration az 70 p<ln-|
cdpal only. or Of conversion into bondA regis
tered 20 both principal and interest a.
registration OF the numbers Of said bands
I "a ~
and the time OF payment thereof shall DO
made by. OF under the direction OF. tbs
purpose. Said bonds shall recite that they
were Issued IN pursuance Of said act Of the
be In such form as the Common Council Of
said city shall by resolution provide.
| Section 9. In order TO redeem said boudrI
iished into which shall be paid annually dnr-|
ing the term Of said bonds the amount coll
Iected By a special tax OF not less than 81
per cent. upon the principal Of said honda.
which shall be raised. assessed and coll
iected IN the annual tax levy Of the city.
hereby authorized to be issued shsfl 81
raised by g soeciai tax annually levied ana
raised, levied and collected by the cit5. and
1 the whole OF each years interest on natf'
bonds shall be raised. levied and coll
section :. The aforesaid bonds shall bs
sold upon sealed proposals, to be recetved 81
the Comptroller Of the city Of Newark untfr|
o. January, 1919. at his ofiioe IN the City
Hall. Newark, New Jersey, ana the estd
Comptroller Is hereby directed 10 Advertise
the sale OF said bonds at least ten days o1'
publication for at least two inserrion1 9
one more newspapers published and cir
cu1ated in the city Of Newark: and he n
also hereby directed to edvezTlse said
notice in one or more financial ns~rp2pnrr
published IN she city Of New York Tor c1>
Insertion in each Of said papern.
Section s. This ordinances shall take ezzec1
Immediately. -
Adopted January :, 1914
| PATRICK c. OBRIEN
President OF Common CounuH
Presented TO the Mayor for his sppros 4
JAMES f. coNNELLY,
City cz>r4
] Approved january Z, 1914.
| JACOB HAU5SLlEG,
The foregoing ordnance was presented -
Common Council on Wednesday evening.
January 9TH. 1914. third reading ard
final passage. was passed and duly sisasd
by the Mayor and Is therefore law.
JAMES II. CONNOLLY.
jauS-5t City Clerk
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