The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-12-09
ORDINANCE NO. i8i.

An Ordinance fixing the details Of bonds
and coupons Of bond issues Of the city
Of Lakeland. In the State Of Florida. and
piedsine said City to levy tax sumcient
to provide a sinking fund for the payment
| Of the principal when due.
RE 1T ORDAINED by the Board OF Com
missioners Of the City Of Lakeland. in the
State Of Florida,
WHEREAS. the electors OF the City Of
Lakeland in the State Of Florida. duly quail
ified al an election called for that purpose
and duly held on the sixth day OF October.
A. D. 1914, did by their Affirmative vote.
| authorize the assurance Of bonds Of the said
city OF Lakeland. for the purpose and in
Twenty thousand dollars ts2o.ooo, for i1re
department improvement md enlargement.
,, Tne hundred and thirty thousand dollars
| $3.50, 0OO) for the enlargement Of the light
1 and water distribution system. and the light
| and water plant
building or altering and equipping Morrell
, .MM1inoriai hospital.
WHEREAS. the form Of said bends ana
interest coupons to be thereto attached. the
uate the same shall hear the time When
and the place or places where the same
snail be made payable the rate OF interest
the same shall become due and payable, and
other details thereof. have not as yet been
with particularly fixed and determined; and
WHEREAS, 1t will be necessary to levy
from time to time tax sufficient to meet
the Interest thereon as the same shall become
due and payable. and to provide a sinking
fund for the payment OF the principal OF
said bonds at maturity;
NOW THEREFORE. be II ordained by the
Board OF Commissioners OF the City Of Lake.
land Ia the State Of Florida
That three sets Of negotiable bonds OF the
City Of Lakeland to be Known as Fire De-
partment Improvement and Enlargement
Bonds. Light and Water Bonds. and
Hospital Bonds" respectively. be and they
are hereby Issued the conditions. character
and form OF the said sets OF bonds being
that hereinafter specifically described and
given.
All interest to be payable on the bonds
hereby issued ON the surrender OF counons
at the office Of National Park Bank OF the
City OF New York. State Of New York: at
which said office the principal OF each bond
snail be payable upon presentation Of the
FIRE DEPARTMENT IMPROVEMENT AND
ENLARGEMENT BONDS are hereby issued
OF negotiable character numbered one to
twenty u-2o) inclusive. each Of the denom-
ination OF one thousand dollars IsI00O OOI
which bonds shall bedue and payable two
" each year beginning with number one
~ IN the year A. ID. 1882 and continuing
IN regular order until the year A. D. I94I
inclusive when the total Of twenty t2Ol bonds
All bonds bearing interest at the rate OF
nVe per cent % per cent? per annum evil
uenced by coupons payable semi annually at
the place hereinbefore stated
The form and coupons OF Fire Department
Improvement and Enlargement Bonds shall be
the form, to wit:
UNITED STATES OF AMERICA.
STATE OF FLORIDA
CITY OF LAKELAND.
Five per cent Fire Department improvement
and Enlargement Bond
KNOW ALL MEN BY THESE PRESENTS
That the City Of Lakeland in the County OF
Polk In the State Of Florida acknowledges
itself to be indebted. and for value received
hereby promises to pay TO the bearer hereof
me sum Of one thousand dollars ISL 900 O0)
lawful money Of the United States Of Amer 1
Ca, on the first day Of January, a. d. Il
osether with interest the said sum from !
me date hereof at the rate Of five per cent |
10 per cent? per annum, payable Semi-an-
lual on the first day OF January and the /
1rst day Of July each year upon presenta-
Ion and surrender Of the Interest coupons !
hereto attached as they severaly become due
ne OFFICE OF National Park Bank in the CITY
u New York State Of New York, principal
md interest PAYABLE in gold coin ~ the Uni-
ed States OF the current standard weight
nd fneness.
This bond Is one # series Of twenty
onds, each Of the denomination Of One
thousand dollars Isl 900. 00l amounting 70
total Of Twenty Thousand Dollars fseO.
0Oo0l, numbered one % twenty consecutive
= inclusive. issued by the City OF Lakeland
or the purpose Of raising funds for the i'm
rovement and enlargement Of fire fighting
md prevention system Of the said City, pur-