The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-12-23
ORDINANCE NO. 1871.

An Ordinance liking the "details ~ h...
| e'' coupons OF bond issues of fbs .it,
| o. lakeland. in the State Of Florida ~
| S'asIne saiu City to levy a tax SUNBEAM
to provide . sinking fund for The "..,, amo
OF the principal when due. 'a'"''"'
BE III ORDAINED by the Board M Cor,
mssioners OF the City of Lakeland in tho
State Of Florida "ehu' Ill tne
WhEkEAS, the electors Of the Civ n,
,ao1 IN tne State Of Florida, duly DUAL
ined, at an election called for that n, ru",
| ana duly held on the sixth day of Gctoher
a. ID. 1914. did by their affirmative vots
authorlze the assurance of bonds OF the sa;S
lily OF Lakeland. for the purposes and in
the sums, to wit: "'-u III
department Improvements and ENLARGEMENT
une hundred and thirty thousand dollars
($i3o.OOo) for the enlargement Of the light
ana wafer distribution system, and the Iieht
and water plant N N"' nsn'
Fifteen thousand dollars (sl5.ooO) for the
building or altering and eouppine MorraiI
Memorial Hospital
WHEREAS. the form Of said bonds and
interest coupons to be thereto attached. the
GATE the same shall bear, the time when.
ana tne place or places where the same
snail be made payable, the rate OF interest
the same shall bear, and when and where
the same shall become due and PAYABLE and
other details thereof. have not as vet been
Win particuiarity liked and determined; and.
WHEREAS. II will be necessary to levy
the interest thereon as the same shall become
due and payable. and to provide a sinking
fund FOR the payment Of the principal Of
said bonds at maturity;
NOW THEREFORE,. be 1t ordained BY the
Board Of Commissioners of the CITY Of Lake.
land In the State Of Florida:
That three sets Of negotiable bonds ~ tho
City OF Lakeland to be known as Fire De-
partment Improvement and Enlargement
Bonds, Light and Water Bonds. and
Hospital Bonds" respectively, be and they
are hereby issued; the conditions. Character
and form Of the said sets Of bonds being
that hereinafter specifically described and
given.
All interest to be payable on the bonds
hereby issued on the surrender Of coupons
City Of New York, State Of New York; at
which said office the principal Of each bond
shall be payable upon presentation Of the
bond at maturity.
FIRE DEPARTMENT IMPROVEMENT AND
ENLARGEMENT BONDS are hereby issued
Of negotiable character numbered one to
twenty Q-2O) inclusive. each Of the denom-
nation Of one thousand dollars ($l0OOOO)
which bonds shall be Que and payable two
~ each year beginning with number one
~ in the year A. d. 1882 and continuing
in regular numerical order until the year A.
D. l941 inclusive when the total OF twenty
600 bonds shall have been matured.
All bonds bearing interest at the rate Of
five per cent Is per cent? per annum, evil
denced 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
hereby promises to pay to the bearer hereof
the sum Of one thousand dollars Isl, 900. O0),
lawful money Of the United States Of Amer
lea. on the first day Of January, A. D. H.,
together with interest on the said sum from
the date hereof at the rate Of FIVE per cent
Is per cent? per annum, payable semi Ian
annually on the first day Of January and the
first day Of July each year. upon presenta-
ton and surrender OF the interest coupons
hereto attached as they severally become due.
the office Of National Park Bank In the City
Of New York. State Of New York. principal
and interest payable in gold coin Of the Uni
ted States Of the current standard weight
and finenesS
This bond is one Of a series Of twenty
thousand dollars Isl. 000.00). amounting to
a total Of Twenty Thousand Dollars 1920
00O.0 0), numbered one to twenty consecutive
ly inclusive, issued by the City Of Lakeland
for the purpose Of raising funds for the Inn
provement and enlargement Of fire fighting
suant to the provisions Of the Statutory Char
ter Of the City. the same being Chapter 1893,
Laws Of Florida. Acts Of 1911 Of the Leg
isature Of the State Of Florida. and as the
~AAl hSv oaNAt nm
Laws Of Florida. Acts Of 1918 Of the Legis::
lature Of the State Of Florida. as we'll as OF
the special ordinance numbered liz, duly or:
dained and approved on the tenth day Of
August. A. d. 1914.
proposition to issue this bond, as well as all
other bonds Of this series, was duly submitted
and favorably voted upon In the manner re-
quired by law, and that all acts, conditions
and things required by law to be done pre-
said bonds, have been properly done happen
ed and performed in regular and due form as
required by law: that this bond is, and all
other bonds of this issue. with all other In
tations prescribed by the laws and Constitu-
lion Of the State OF Florida.
The full faith, funds, property, credit ana
Of the City Of Lakeland are here.
by irrevocably pledged for the payment OF
principal and interest on said bond
IN WITNESS WHEREOF, the said City Of
Lakeland has caused this bond to be signed
BY the Board Of Commissioners OF the City
Il Lakeland, and the said execution as af0re-
said attested by the clerk Of the City OF
Lakeland under the seal OF the City, ana tne
,omnons hereto attached to be signed In like
manner by the said body and its members
md clerk as aforesaid, with It and their
signatures as Of the first day
II January A. d. 1914.
By their chairman upon special authorization.