The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1914-06-10

the employ of the City not less than
six months prior to this date.
Adopted.
Ordinances
The following ordinances were
read the second and third time. pass
ed and adopted:
Ordinances
/ The following ordinances were
read the first time and referred to
the Ordinance Committee:
An Ordinance
(By the Finance Committee)
An ordinance 10 provide for the
holding of an election by the qual-
fled voters of the City of Brunswick,
Georgia, to determine whether bonds
hall be issued by the City of Bruins
wick for the purpose Of providing
'unds for the extension and better
| ment of the sewerage system, and
| the adequate Equipment of the fire
department of said city ito provide
Tor the form, amount, and manner
If issuance Of said bonds; and for
1ther purposes.
Whereas, it is necessary to make
l,Grtain extensions and betterments
o the sewerage system OF said city,
particularly in the neighborhood of
N" street west of Cochran avenue,
md to provide modern and adequate
5quipment for the fire department of
said city;
And, whereas, said city desires to
incur a bonded debt, in the man
ner and form provided by law, for
the purpose Of raising funds with
which to secure and obtain said
municipal improvements;
Therefore, be it ordained by the
| Mayor and Aldermen of the City of
Brunswick, in council assembled:
Section /. That an election shall
he held in said city on the 18th day
Of July, 1914, for the purpose of de-
termining whether municipal bonds
of said city shall be issued for the
purpose aforesaid. At said election
| the ballots in favor of bonds shall
aavo printed thereon Fer the issue
laf bonds" and those opposed thereto
Against the issue of bonds" Said
election shall be held at the city
bah in said city, and by such per-
sons, and in the manner and form,
under the same rules and regulations
that elections for Mayor and Alder
men of said city, who shall, in the
lpresence, and, together with the man
ger or managers who bring up the
'eturns, consolidate the said returns
md declare the result.
Section II. That it is desired that
bonds be issued in the sum of Thir
~ Thousand ($30,000) Dollars fo1
| lhe purpose aforesaid 3,5O0OO) OF
t laid amount being for said fire equip
ment, and %16,5o0Q0) for said sew
erage extension and betterment; thu
same to be issued in denominations
: OF One Thousand ($1.e9a 80. Dollars
each face value, 20 Dear interest al
. the rate of FIVE per cent per annum
7 payable semi-annually ON the first O.
7 October and April of each year, t.
mature on October first, 1914 to BIZ
: issued under date of October first
: 1914; said bonds to be sold at thl
! highest and best price obtainable, bs
in no event, for less than their facs
, value; to he payable in gold coin OF
| its equivalent
Section Ill That the Mayor and
Aldermen jOf said city shall in the
manner and form provided by law
give notice to the qualified voters CT
said city Of the day of said bond
election and the objects thereof; tbs
terms fand conditions thereof; the
| same ITO be published in the Bruins
: wick Daily News, the newspaper in
which the sheriffs advertisements OF
the county of Glynn are published
Section ~. That in the event the
authority to issue said bonds is Civ.
en- said city by said election, then
(after due and legal provision is
made by said city for the full pay.
ment of both principal and interest
II said bonds within the period OF
their maturity, the same shall be
ssued; and the Mayor and Finance
committee of said city are hereby
clothed with full power and author.
ty touching all matters appertain-
ng to the issuance of said bonds
he form, sale, exchange, protection
md execution, and also the manner
i sale, as is not herein specifically
provided.
Section V. That al ordinances ana
arts thereof in conflict with this
rdinance ho and the same are here.
by repealed.
An Ordinance
tBy the Finance Committed
An or finance to refund a portion
u the bonded Indebtedness CT the
lily of Brunswick maturing ON IAN
uary first, 1921; the said portion
originally issued previous to the
present, 1877, Constitution Of the
tate of Georgia.
| Whereas bonds of the City Of
Brunswick, Georgia. numbered two