The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1915-05-07
.0rdiaance..

An ordinance providing iOf the
issuance IL laegntiable coupon bonds
ot tho Town 81 Dickson. TennesRae.
Ia ths amount Of Five ThnuiAnsi
Dollars ts5.OO0l. 10 be known al
Wites Bonds and Tor the aeyying
and collection cd d direct annual
tax to pay tine interest oaa saii boslds
and b create A sinking fund for the
redemption 81 same al maturity.
WHEREAS. at nm election duly
called and held ID accordance with
the law on tie twenty-sixth day OF
August, 1914, tao third majority
Of the vote cast BY the qualified
voters authorized an issue Of FIVE
Thousand Dollars $4,000 OF ne.
gotiabIe coupon water bonds OF the
Town Of Dickson. Tennessee.
NOW, THEREFORE,, Be II or
dained BY the Town Council Of the
Town Of Dickson, Tennessee::-A
SECTION THAT for the pur.
pose Of raising funds TO buy and lay
pipe lines for water extension In the
Town Of Dickson. Tennessee, there
are hereby directed to be issued the
negotiable coupon bonds @. the
Town Of Dickson, Tennessee, TO the
amount OF Five Thousand Dollars
$4,000 in the denomination OF
One Thousand Dollars 81 ,0O0I
each. numbered from one "a TO
five Isl. both inclusive. dated the
first day Of April, 1915, and matnr.
ing the iifst day Of April, i945,
bearing interest at the rate oi Five
Percentum (5fl per annum, pay
able semi.annually. 10 BE- evidenced
by coupons attached to said bonds
Both principal and interest Of said
bonds to be payable at the First
National Bank Of Chicago, Illinois.
SECTION 2.-Said bonds and
coupons shall be in substantially
the following form, towit;---
United States OF America. State OF
Tennessee, County ot Dickson,
Town OF Dickson
Nh Water Bond 81 900
Known All Men By These Pres
ents. that the Town OF Dickson. in
the County OF Dickson, and State OF
Tennessee, acknowledge to owe and
for value received, hereby promises
to pay bearer One Thousand Dol.
lars lawful money of the United
States OF America on the first day
OF April, 1915, with interest thereon
from the date hereof at the rate OF
Five percentum (5E) per annum,
payable semi.annually on the first
days OF April and October in each
kyear 90 presentation and surrender
of the annexed interest coupons IA
they severaIly become due. Both
principal and interest of this bond
are hereby made payable at the
| First National Bank in the City Of
Chicago, Illinois, and for the promp,
payment Of this bond, both princi.
pal and interest at maturity, the
Town Of Dickson is hereby held and
firmly bound and the full faith,
credit and resources OF said Town
are hereby irreyecably pledged.
This Bond is one of il series OF
| five bonds of like date, tenor and
amount numbered from one TO FIVE.
inclusive, issued for the purpose OF
extending the water system in and
for said Town OF Dickson under the
authority Of the laws Of the State Of
Tennessee and Of an election duly
called aud held Ia said Town on
the 10Th day of August, 1914.
And il is hereby certified and re-
cited that all acts. conditions and
things required to be done proceed.
en-, to and in the issuing OF this
bond to make the same legal and
valid have been done. happened and
bern performed in regular and due
form az required by law and thai,
the total Indebtedness Of the town
Of Dickson, including this bond,
does not exceed the statutory or
constitutional limitation.
In testimony whereof. the Town
OF Dickson, in the County Of Dick
sou and State Of Tennessee, By its
Town Council has caused this bond
to be signed by its Mayor and at.
tested by its Recorder with the cor.
porate seal affixed hereto, and the
interest coupons attached to be exc.
cuted with the facsimile signature
Of said officers this LIST day OF April,
A. D, 1915.
". II. WALKER,
Attest: Mayor.
II. c. Thompson.