davidaulloa/AmericanStories huggingface dataset:
The Detroit times., 1914-06-04

er OF the court 10 do anything 10 pro.
tect the Indebtedness OF the road but
| believe IL is for the better that the
sale take the ordinary course. Tie
road Is certainly good for It's debts
ana It's underlying mortgages. II not
for the consolidated mortgage as
we'll"
Mr.. Osborn, representing the hold
ers OF various equipment obligations,
pointed out that some arrangement
onght TO be reached regarding their
payment
In the d. T & |. case. the trustees
removed the cars from the road which
We're not paid for" he said "The
Pere Marquette, while Il Is running
our cars, Is using up the only real
security We have. We feel that we
must make some terms with the re-
oelveTs."
There was a long discussion as 10
the status Of these obligations. Judge
futile held that the point need not
ibe settled at this time.
I Mr.. White, representing the Bank
ers' Trust Co, holders OF refunding
/ equipment bonds, which are preceded
( by the issues for which the Farmers
I Loan q Trust Co. and the Central
Trust CO. are trustees, raised the
point that the bonds held by the for
mer do not include the Canadian lines,
j the lines from Porter 10 Alfred and
the lines from Alfred 10 Chicago
/ These, he believed, ought 10 be in.
Icluded In foreclosure proceedings. lie
was assured that they would be
Then he raised the question OF the
standing OF the equipment obligations
! held by the Bankers Trust Co, aud
( got into long argument with Mr.
] Leblanc which led 10 no definite con
4 clusion. The Central Trust Co. VIII
begin foreclosure proceedings. July 2,
covering the entire system It's IN.
terest has not been defaulted II has
not been paid by the receivers. how
| ever. but by some OF the junior secur-
lily holders. The company expects the
July interest 10 be defaulted. II II IS
not. il will start proceedings in other
grounds
The statements OF these attorneys
and others. seemed 10 remove all diff.
lculties; and an understanding having
been reached. the matter was ad.
journed until July T. at $50, when the
hearing will be resumed.
IL was learned. Wednesday night
/ that Samuel l.. Feltnn's resignation as
one OF the receivers Of the Pere Mar
quette, was not voluntary, but was
forced by the court, because OF dis
closures relating TO his methods OF
accounting
The receivers have also dispensed
with the services Of Executive officer
| William A, Garrett and his staff. Mr..
! Garrett came TO the Pere Marquette
in March. at Mr.. Felton's recommen-
dalton. He was formerly vice-presi-
dent and general manager OF the Chi
cago Great Western railroad. Frank
II. Alfred has become head OF the
executive department, retaining his
title OF general manager.
Mr.. Garrett was appointed al a sal
airy OF $4,000 year With him de-
part Samuel NJ. Ramps, assistant ex-
ecutive officer, at $500 year C. X
Anderson, secretary, $500, and
clerk at 5000. all OF whom were
brought from Chicago by Mr. Garrett
The Detroit times., 1914-06-04
DEATH LIST

Doratha Summers. l42s Scotch l
year lober pneumonia; Charles ",
Hyne. 2SS Crane. 81 years dropsy
Sopbrona Doorway. AZ MacOmb rs
years. apOpleNy Minnie Feltz ia n
Congress-. 33 years. heart disease Alice
l. Black. Jii clay months pneumonia
broncho; John L. McQuade, 1889 Third.
~ days hamilton. lsOlenc Burger. ~
Park, 60 years. carcinoma. Whilhel-
NINA Stankewitz. Ii3f scotch. 6s
years auaemia, Dorothy &C. Garrett
le2 Ersklne, years. erysipelas Geo
Quennell 81 Mary's hospital "a years
nephi1tis, John BOrto, Boulevard sanR-
tarium. "A years. tuberculosis Augusta
Graehn, JS5 Meldrum IS years myo-
carditis Bertha Barnes. sS5- Baldwin
20 years anaemia. sarah ]. Caldwell
2fO Maple, 80 years gastritis. Baby
Souslink. Harper hospital months
meningitis Anna Gasarowski. 69s
Granny. years. burns Henry u
Schroeder 926 Willis SO years mye-
Ills spinal Mary polen. i3g Van Dyke
So years, paralysis John Petrtowski.
House or Providence. - years tuber-
culosis, Ida H. Scott Woman's hospi-
tai, 3S years. eclRmpsiR Roman Koss
500 Harbor. l month. marasmus: Erver
Blaskowski. 673 r., Kirby. months
dlphtheria; Loretta Dyasz. 1869 81
Aubin. months. broncho pneumonia
The Detroit times., 1914-06-04
CHILD'S DEATH
ISDUE TO ERROR
BY DRUG CLERK
Verdict for $4,000 Against the
Standard Drug Co. Is
Awarded Father
BOY IN COMMISSIONS
DIES DAY FOLLOWING
Total of Sl1,500 Damages Are
Secured in Circuit Court
in a Day

A judgment for $1,000 was given by
jury in Judge Mandell's court. Wed
nesday, TO Thomas 4. WOOD against
the standard Drug company, Nos. A.
10 Gratiot-ave. The suit was based
on a contention OF the plaintiff that
the company made an error IN filling
a prescription for his threeyear-old
son, and that the latter died as a re-
suit. An appeal will be taken.
II was testified that the boy was
suffering. from a child's ailment and
that reliable book Of medical rem
edies recommended "mercurius Wv
for this particular trouble. The faith
er testified that he went TO the drug
store and purchased what purporte0
10 be 10 cents worth OF this drug
Taking II home, he followed direc.
tions, but the drug alleged TO have
been substituted caused the child TO
have commissions from which sc died
the next day. This was in February,
1913
The company admitted that the or
Ger for the mercury was doubtless
filled with something else, but II held
the right or substitution II was
claimed further that the poison label
was not on the package bought by
Wood.
Andrew Pickacz obtained a verdict
OF $4,000 against Joseph and John
Lubensky. sewer contractors, be-
cause of injuries that followed a
cave-in of sewer in which he was
working
Herman Barlow received a $4,000
verdict in hts $4,000 suit against the
Donovan Wire & Iron company in
which he claimed injuries resulted
through carelessness OF the company
The Detroit times., 1914-06-04
HASN'T HEARD OF
SALOONS VIOLATING LAW

Prosecutor Fraser declared, Thurs
day morning. that he had received no
notice from the Christian Endeavor
society that the organization had any
evidence against Detroi; saloonkeep.
ers relative TO violations OF the sun
day closing law.
IL was reported that the society had
list Of so saloon and cafe men VINO
sold liquor on Sunday and that they
intended TO lay their evidence before
the prosecutor for action. IL was re
ported that they we're led 70 this at
titude by the prosecutors action in
bringing four saloon men into court
on a similar charge from Springwells
village
Il don't know anything about II,
said the prosecutor III any evidence
Is brought TO this Office OF law viola
tions they will be given a proper
hearing and the rulings OF the law
carried out Beyond that | have moth
ing 10 say In the natter
The Detroit times., 1914-06-04
HENRY FORD
WILL FINISH BIG
HOSPITAL PROJECT
Continued From Page one.D

ernoon at o'clock in room No. 423
Ford building; that the board recon-
mend to the association the accept
ance Of the offer, with the cordial
thanks OF the Detroit General hospi
tai TO Mr. Ford for ensuring the com
pletion OF an undertaking which
means the creation in Detroit OF a
hospital OF the highest class.
II was further resolved that the
president, Mr. Farr, be requested
forthwith TO inform Mayor Marx OF
the offer of Mr.. Ford, and OF the &C
tion OF the board thereon: and at the
same time TO extend to the mayor
the thanks OF the hospital board for
the courtesy shown by him and the
city officials during tile discussions
relative to the proposal that the city
take over the hospital property.
In a meeting OF representatives of
the city and OF the hospital, Wadnes-
day afternoon. Mr.. Lucking intimated
that new plans were on foot that
would probably interfere with Mayor
Marks proposal that the hospital be
turned over to the city, but he was
not at liberty then TO make further
announcement
THE reason Mr. Ford desires to re-
turn all subscriptions made TO the
hospital is that he may have q per,
fectly free hand, and not have to con-
suit anyone in the carrying out OF his
plans for magnificent institution,
Alfred Lucking explained to The
Times.
When the Detroit General hospital
was planned Il was announced that
the plant would cost, completed
about S2000,000 About 100000 has
been turned into the treasury in sub
scriptions All OF this will be return
ed bS Mr. Ford
The Detroit times., 1914-06-04
|RAND RAPIDS p. NJ.
STILL HOLDS HIS JOB

GRAND RAPIDS. Mich, June A.
postmaster Palmer, OF Grand Rapids,
as received no official notice Of his
emoval and continues to perform his
| ties here. Charles Holden, agent
the company which furnished Pal
ber's bond. and into whose hands the
HAIRS OF the Office are said TO have
zen placed, is In Chicago, and Hol'
ems friends declare that on his re-
ylrn here he will not interfere with
Palmer, as there is no question OF IT.
POPULARITY.
Frank f. Pulte and other Demo.
rats assert that the party leaders
| nd friends of Postmaster-elect no
adone do not countenance the pro-
|eeding against Palmer. holding II to
e sharp practice.
The Detroit times., 1914-06-04
BY FRED s. FERGUSON.

(Stdf Correspondent United Press. }
NIAGARA FALLS. Ont, June A.
Whether the United States would be
led TO reverse It's policy as regards
the constitutionalists should they re.
fuse TO participate in the Niagara
peace parleys, and find means of fore.
ing General CarranZa TO recognize a
strong provisional government which
might be decided upon. was one OF
the questions growing out OF the sit.
uation presented here today.
The consttutionalfsts may now
make or mar prospects OF peace I'm
Mexico through mediation. They
must still agree to the declaration OF
an armistice and 70 the discussion of
internal problems. but the way Is
open for them 10 enter the confer
ences
reply 20 the last communication
sent 10 the onSitutionalfsts is anx.
licusly awaited today. The mediators
believe that participation OF the con.
stitutionalists will hasten the "polit.
ical pacifcatlon" OF Mexico. The selec.
ton OF men TO head a new provisional
government may then be left TO the
representatives OF the two Mexican
factions.
Refusal on the part OF Carranza TO
recognize the provisional government
approved by the United States might
mean that this government would
find II necessary To place a strict EN-.
barge on arms. give the provisional
government its support. and thus
leaving Carranza high and dry I'm the
north. N he lost the support OF the
United States IL would be impossible
for Carranza 10 get funds from other
nations, and his cause might soon be
expected TO fail.
The Detroit times., 1914-06-04
Classified Cent Mt
Rates. i q /" VI y

Cash with order. II charged, &c n
line.
No transient advertising inserted
for less than l6c with cash; lsc IL
charged. per insertion.
The above rates apply TO all class.
fications except Births, Cards 1f
Thanks, Obituaries. Meeting Notices
and all Ads preceding Male Help.
Births, Deaths Cards OF Thanks ana
Meeting Notlces-Minimum charge. Soc
for 20 words or less over 25 words
one and one-third cents for each extra
word
observation-disclosures charge. Soc soc
per line. Count six words 10 the Incl
The Detroit times., 1914-06-04
BIRTH LIST
BOYS

=.
j. O'Neil, 532 Fourth: H. Stoneburg.
61s Monroe; j Florence. 1856 Junction
A. Waloneki, 1875 Lockwood; l.. Urban
owicz, II lngersoll; j. Mukar. 81 Tween
ty-ninth; J Chumra 10 Portland; A.
Polakowski. l49 Hammond l. Zuraw-
trail; i. Patyk. 40 Beaumont; j. KTol,
81 McGregor; J. Ryzycki. ia Rollin;
N. sellin. 1865 Hastings; l. Jurkiwisz,
1923 Chene r. Krzewinskl, 173 Thir-
tieth: w TOmszik, ssi Trombley; A.
Pinsezski. 1908 Ellery; q Rupert, 1863
jefferson, T. Schowski. Grace hospital;
s. Jaros, 229 Dubois. +. Petrovyt, Sos
Monroe /. Flyt, l27 Almont w Kelly
tai; s. COPELAND. 655 Cadillac. O Stetler
306 Hecla; y Welnmeister, goa Chand
Ter; j. Moorehouse. Harper hospital; s
10th 81 Summit A. Varadi, $50 Her
kimer r. Spohnenberg. sos Jay; L.
Racker l112 seyburn y. Lynch. ia
McDougall, r Reuter-. 1880 BelYidere
o. Hardacre, 297 Holcomb; @. Fenson,
i72 Willis r Woiniak, GIL Hancock
VI MaJewski 707 Mitchell w Tulkow
ski. 422 Thirtieth s. Kaninski 312
Wills: w Rice. $40 Philadelphia G.
Lyon. 7s5 Jeffers9p
w. Hughes 1872 Chene; J Pawlonski
81 Rollin; r. Lezuchowski 80 Golner;
a Yemier. 327 Hammond; F. Adamus,
225 Clippert; p OlszewskL $50 Wee
TEX. IA Rollin 7. Macielak a6 Golner;
T.. Coch. 1919 Military: 7 Machowicz
los Norton. MjLacus. 2Sl Hammond
7 Margolln ESQ Rowena T. VALLEY
asG AIexandrine W Schultz 421 Du-
bots w Wislensky $50 Wesson J.
Prititsky So tinzes J Carol 35 Thir-
tv-htst r. HertrraH. ms -Reechwood
w Glennie. 1898 Thirty NTH = Peink
i72 Franklin q Javne rs Jackson T.
Vovka J35 Congress Wendlend De
troll n Ashman los Hazel W r1sev
% dorchester. q Lowe 3GeiA Grand
piver Y Fender s5 Nauderhildt r.
Reaudoir rfO Twentv- third ~ Me-
lite. 4s4 BROOKLYN; r Usiandek 3se
LYMAN
The Detroit times., 1914-06-04
MAS0NS WILL HAVE
MOONLIGHT PARTY

A Masonic moonlight trip on the
steamer Ste. Claire will be given.
Monday evening. The boat will leave
the foot OF Bates-st. at s o'clock. and
proceed up-river into Lake st. Clair
The excursion Is under the auspices
OF the joint Masonic committee OF ali
the blue lodges In the central group
There will be program OF entertain.
ment dancing and novel favors FOR
the ladies.
The Detroit times., 1914-06-04
.IFE SAVERS FIGHT TO
SAVE LAUNCH PARTY

CLEVELAND, o.. June 4.-Idfe saw
rs at noon today were fighting a
|eavy sea on Lake Erie attempting TO
leach point six miles OF shore
Ehere Il was reported several persons
Fere In danger OF drowning, after
|heir launch captized. A storm broke
n the lake suddenly during the
borning.
The Detroit times., 1914-06-04
CASS TO GRADUATE
26 SCIENCE PUPILS
Class of 81 Will Also BE Gradu-
ated From TwO-Year Com
mercial Course

with the graduation OF a class OF
70 from the four-year science course
OF the Cass Technical High school,
June IL, the last OF the academic stu
deftts Will have left the school and
tie succeeding classes will come en-
tlrely from the mechanical and com.
mercial departments.
In addition 10 the four.year grad
yates, a class OF 81 will graduate
from the two-year commercial course.
The graduation exercises will be
held IN the school gymnasium. Wed
nesday eveninh June IL, at 8 O'Clock.
Admission will be by invitation only,
as II has been found necessary to
limit the attendance The gymnas.
tum was dangerously crowded al the
exercises, last January.
The program will be entirely In the
hands OF the students who graduate.
no outside speaker having been inylt-
ed. The usual addresses by the pres
idents OF the two classes, the class
histories and the class prophecies
Will make up the program.
The graduates for the most part
will enter thew ork for which they
have been received training In school,
though some will continue their
studies at the University OF Michigan
and other institutions.
The graduates OF the four year
course are as follows: President How
ard b. Haskins; Vice president. Mar
guerite r. King. secretary Mildred r.
| krastin; treasurer. Fred Spicer Hy-
man NJ Baskin. Ignace Capizzi, Earl
| Peter Lin. Robert j Looney Amos ID.
! I.utes, Albert T. McMullen, Lowell r.
Maxwell; Edward May Evelyn B
Moore Moor Edward ornstein, VIM; Clyde
Rota, Clifford l. Thoms. Alba q
| uglow, Ethel w Welsh. Lillian M
| Williams. Jane V. WIxon. VIM A Zim-
The two-year graduates are. Presi-
| dent. Walter J. Ray: vice president
| Myrtle II. Penna; secretary Geraldine
Mae Allan. Violet A Atkins. Georgina
| NJ BeaudoIn, Minnie Benderofr. Bea.
! trtce +; Beebe. John F, Bierlein, Al
6erta ! Bolduc, Isadore NJ Buch. Elsie
Ian, Lille II. Cawley. Isadore Cohen
| Rose June Cohen, Laura l. Collister
Rose Cooper, Irene +. Covert. Haze
| Ruth Curtis. Ida d. Eisenberg. Arthur
| GarYey. Edna ID. Goesch Holly d. Coy.
er Emil l. Greenberg. Esther Green.
berg. Vera Alice Handy Emma Il
Hespeler. David jacobson. Marguerite
| NJ Kenbtrg, Helen Irene King, Rose
| r. Korn, Rose Ruth LEVINE. sarah d
Loepp, Elsie j. Mcdonnell. Ethel G
| Mackay Dorothy c.. Middendorf Ma.
| rea Monticello. Emelie f. Pluskat
olin S. Poole. Helen I Rackham; Rita
= Rhoades Irma Rothman. Frederick
| Schlorn, Walter w schultz, Ethel O.
simmons, Elizabeth Smethurst c. Earl
Snider. Pearl $. Stiegler, Edna r.
sutherland, Lillian Vine, Maggie Wal
Ter Charles Weisberg. Clara Weisblum
Doris L. Wright.
Graduates OF three-year bookkeeping
ana shorthand course are Mabel Nor
rls, Myrtle b. Penna Walter j. Ray
Graudate OF regular four-year bust
ness course Edward C., Roney.
The Detroit times., 1914-06-04
MARRIAGE LICENSES

Anthony BykOski. 20 K0rolina jan
lax. -.
Charles Keller. "a Muriel Wells. IS.
Fred Wagner 20 Paulina Wazal. ~,
stanislaw Nharazy IS Victoria 3
Dzidek -
The Detroit times., 1914-06-04

Job Printing Done Right. Time.
PrintinG Co.. ~ John RS
The Detroit times., 1914-06-04
ROYAL OAK.

At meeting and banquet OF the
Mems association Friday a petition
was drawn up 10 present TO the coun-
Gil. asking for special election fgr
voting on paving Main and Washing
ton-sts
J, Burnett and family were guests
OF relatives In Plymouth the first OF
the week
F. r. Hughes is able TO be out again
after two weeks siege OF grippe.
The Detroit times., 1914-06-04

Job Printing Done Right. Times /
Printing CO.. t8 John R.-sI D
The Detroit times., 1914-06-04

SODA FOUNTAINS, billiard and pool
Marsh Co, 3 Farmer-st r. Il terms
The Detroit times., 1914-06-04
AUCTION SALE

! AUCTION SALE
FRIDAY, JUNE 5. 10 A. NJ
l35 GRAND RIVER AVE.
LOT or fine goods, mahogany parlor
suite, cost $50 oak and mahogany
center table, fine library table. oak
bunet, Victor extension table box
seat chairs. brass and Grand beds.
lelt mattresses, eight refrlgerators,
some as good as new; gas range,
hne dTessers and chinonier, ward
robe. Hoosier cabinet. Ia yards cork
nnoleum, odd rockers and chairs,
rugs, all sizes. Also contents OF
house moved from Acme Storage
Whlch was taken under chattel mort
gage We are instructed TO sell
these goods for what they Will
bring including some fine pieces
parlor furniture, table. bed, dresser.
rugs, upright piano, all bedding and
table linen. Don't miss this sale IL
You want goods or any kind.
positively no reserve, as We must have
room.
f. H. MASSMAN & SON,
AUcTIoNEERs.
FOR SALE-FARMs.
FIVE and lO-acre farms near Wood
ward car line: Terms. Doty. 1909
Matestie. Cadillae 260l.
MONEY TO LOAN.
CONSTR CTION LOANS - Liberal
amounts J. # Weber, 3O4 Gratiot.
STORAGE AND CARRIAGE.
ACME STORAGE, mammoth warehouse.
Storage. moving. Main $50 Al Gilman
RIVERSIDE Storage & Carriage Co
Flreproof and non-nreproof. Phone
M SOC Moving and packing City eo7
WAYNE COUNTY MOVING & sToR-
LNftr. So T..
partments; large van. Main aces.
RoEHL BROS, Storage. Carriage and
Packing. Otfice 1872 Alfred. Ridge SIS
WANTED-MIsCELL
HIGHEST prices paid furniture stoves
carpets. Lapham, 22S Graf Cherry 407.
OLD feather beds wanted. Jewel Feather
Mattress Co. s5s Mich. Cherry eo7-J.
TO RENT-PIANos.
GOOD PIANOS for any length OF time
and rental paid Cup TO one year,, APP
pliec on purchase. Satisfactory
prices and good service. j. l.. Hud-
son Piano Dept, 7th floor both Hud-
son stores.
RENTAL PIANo-Good ones. upright
or grand. Price and service salts
factory. Years rental applied on
purchase J L. Hudson Piano Dept.
eth floor both Hudson stores
PERSONALS.
NOTICE II any poor girl is In
trouble. needing advice. friendship or
help write or call on SEC. MAR
GARET DUFFY, 99s FOREST west.
Salvation Army.
LOST AND FOUND.
LosT-A red ny cobb sweater at
Woodward AVE Presbyterian play
grounds. afternoon OF June 2, 1914.
Finder please return TO Ill Hazel
wood-aVe. and receive reward
FOR SALE-MISCELLANE
STORAGE furniture. nearly new. at
bargain prices. Sumner Co, Michi-
gan and Fourth.
STORE FIXTURES
SODA FOUNTAINS
OF all kinds manufactured and sold d.
rect TO retail trade. Showcases
counters. shelving. wallcases, floor
cigar and display cases, etc
DETROIT STORE FIXTURE CO.
Main 4O22. 337-4l Gratolt
SODA FOUNTAINS, billiard and pool
tables. new and second hand. Geo.
Marsh Co. 3 Farmer-st. r terms.
wANTED-Cor Michigan and Fourth.
10 furnish rooms complete: 81 week
THE LATEST Friendship Bracelet
81 90 at Coats Bros. ZIG Broadway
Market. second floor
FOR NEUTRALITY-SUSPICIOUS..
The Detroit times., 1914-06-04

wANTED-Cor Michigan and Fourth.
TO furnish rooms complete: 81 week.
The Detroit times., 1914-06-04

A .-Typewriters. All Makes
Sloo; Visible, drop desk and chair. all
s65, New visible, $50; nne rebuiIts.
$40 to $40.
Rented a mos, 81 up, 6 mos
Applied on price. DETROIT TYPE
CO, leo Jefferson, near Woodward.
Main 4l02
The Detroit times., 1914-06-04
ALL PLTE GLASS

MOTOR BOATS, canoes, rowboats.
Complete line on exhibition every
day. Dealers prices 10 all who buy
In our show rooms. open every day
from a. M to , 30 y. IA. Come and
see the Boat SHOW Detroit Boat Co,
1876 jefferson ave. eAst
The Detroit times., 1914-06-04

Rugs, Beds, Mattresses, Springs
Mill and factory samples Half price.
NEW ENGLAND SAMPLE RUG CO.
SEQ Grand Rlytr-aye.
The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1914-09-02

provided by law; but any city, the
debt of which on the first day Of jan
uary, one thousand eight hundred and
seventy-four, exceeded seven per cen
tum of such assessed valuation, and
has not since been reduced to less
than such per centum, may be author
lied by law to increase the same three
per centum in the aggregate, ~ any
one time, upon, such valuation. The
city of Philadelphia, upon the condi-
tions hereinafter set forth, may in
crease its indebtedness to the extent
of three per centtm in excess Of seven
per centum upon such assessed valua-
ton for the specific purpose Of pro-
vidings for all or any Of the following
purposes,-towit;S aFor the construc-
tom and impf6Hbrhpnt Of subwaysI
tunnels, railways, elevated railways
and other transit facilities; for the
construction and Improvement Of
wharves and docks. and for the recla1
nation Of land tdRe used In the conf
struGtion of whart.b and docks, ownedl
or t0 be owned BY said city. Such
increase, however, shallsonly be made
with the assent of the electors thereof
~ a PLDllS ClCCllOug W DCtflCAu IA oUShi
manner. as shall be provided by law.i
In ascertaining the borrowing capacity
of said gcity Of Philadelphia, at any
time, there shall be excluded from the
calculation a credit where the work.
resulting from any previous expendi1
ture, for any one or more OF the spe-
ciflc purposes hereinabove enumerated
shall be yielding to said city an an
snual current net revenue; the amount
of which credit shall be ascertained
by capitalizing the annual net revenue
during the year Immediately preceding
the time Of such ascertainment. Such
capitalization shall be accomplished
by ascertaining the principal amount
which would yield such annual, cur
rent net revenue, at the average rate
of interest, and sinking-fund charges
payable upon the indebtedness incur
red by said city for such purposes,
up to the time of such ascertainment.,
The method Of, determining such
amount, so to be excluded or allowed
as a credit, may be prescribed by the
General Assembly.
In incurring indebtedness, for any
one, or more of said purposes of
construction, improvement, or recla-
nation, the city of Philadelphia may
issue its obligations maturing not
later than fifty years from the date
thereof, with provision for a sinking
fund sufficient to retire said obliga-
tion at maturity, the payments to
such sinking-fund to be IN equal or
graded annual installments. Such OBJ
legations may be in an amount suffi-
cient to provide for and may include
the amount Of the interest and sink
ing-fund charges accruing and which
may accrue thereon throughout the
period Of construction and until the
expiration of one year after the COM
pletion of the work for which said
Indebtedness shall have been incurred;
and said city shall not be required
to levy tax to pay said interest and
sinking-fund charges, as required by
section ten of article nine Of the
Constitution of Pennsylvania, until the
expiration Of said period of one year
after the completion of such work.
A true copy Of Joint Resolution No. 2.
ROBERT McAFEE,
Secretary of the Commonwealth