Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-01-31
VILLAGE OF SOUTH ORANGE.
OFFICIAL NOTICES.


Ordinance on EAfHt AAI~uAhbf
Notice is hereby given that at a nesting
of tho Board OF Trustees Of the Village OF
south orange, held on THURSDAY, January
20. 1914, an oralna99ce, vas psessn' COR D
An ordinance to authorize the issue OF
bonds of the Village of South Orange Tor
the purpose Of paying on the hoating IN
debtednees of said village.
Whereas, The Village of South orange mas
heretofore issued its obligations IN lne sum m
OF $40. 1860 for money honestly loaned 70
+ in good faith. for the following purposes
and In The following amounts, to wit;
ohareesble against the Village at large for
street improvements within said village
assessments for which were confirmed BY
to January |. 1919, the sum of ss,4es.T3.
q For the pnrpose of paying for such
portion Of said street b az
by said improvements In anticipation OF the
receipts Of ss1d assessments, said assess
ments being pAtable in instruments, the sum
Whereas. It isideemed advisable. that said
obligations be PAD 81 by the the. sad village,
s By sElsenGss p PS oSa @
s uslons Of Pn an act legislature Of he
thorisi d ne Ina ted .sltiss. towns.
s slHts to iuns S0fS nds6tednsss and
their nlatursd sns ring bonds" sp-
s.s GSsss entail and s%sadsf ssf'
= s:;s = g sss s.s.';
l. That for abe purpose. Of paying on the
temporary obligations Of SAID village, as here:
inabove set forth, there be issued under and
by virtue Of the provisions of the above re-
cited act. bonds Of the said village assre-
eating the sum OF s9S,ooe;; ..a l., a.,
nations of $1,000. and shall be numbered
seriaily from 1 to ts. They shall have
ment of interest which shall be executed
by the facsimile signatures or the Village
President, Treasurer and clerk, ana snail
ner annum. payable semi-annually; said
bonds shall contain q. recital that they are
issued In pursuance Of the act of the LegiB-
ordnance together with recital OF the
date upon which this ordinances shall have
Street improvement Funding bonds and
shall be issued In such form and shall. be
sold in such manner as shall De presorinea
g. That said bonds shall mature as fol-
lows;
Nos s to 5. inclusive. on the FIRST day OF
January, 1915.
Nos. to 10, inclusive, on the nrst DAY OF
January 1917.
Nos IA to 1s, inclusive, on the first day Of
January. 1918.
Nos 20 to Is, inclusive, on the first day OF
January 1919.
Nos. 2s to 81, inclusive, on the first day OF
January, 1920.
Nos, az to 81, inclusive, on the first day Of
January. 1921.
Nos 3s to 40, inclusive, on the first day Of
January. 1e22
Nos. "A to 4s, inclusive on the first day OF
January, 1928.
T. That there shall be paid TO the Com
nnissioners of the Sinking Fund OF the Wiz
lage of South Orange in each year for the
purpose of creating a sinking fund Tor the
redemption of said bonds at maturity az
moneys paid to the financial officers OF seid
village by property. holders on account OF
assessments In anticipation of the collier
tion Of which the bonds herein provided
Tor shall in part have been issued, and In
addition thereto the sum Of s3so.42 per an
num- 10 be raised through the annual tax
levy of said village. provided that II IN any
wear the aggregate Of said assessments ana
of said sum of S3S0.42 shall be less than
three per cent. of the principal OF SAID
bonds then and in that event there shall
bs raised in the annual tax levy sucn ao-
ditional sum of money as with said assess
rnents and said sum Of $880.42 shall az
Eregate three per cent. Of the principal OF
said bonds.
Immediately.
Notice is hereby given that meeting OF
the Board of Trustees of the Village OF
South Orange will be held in their Council
Rooms, In the Village Hall at eight o'clock
D M. Monday, February is, 1914, at which
time and place the said board, viii proceeo
to consider said ordinance.
NJ. A. FITzSIMMoNs.
ians1. feb7 Village Clerk.