The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1915-04-17
ORDINANCE NO. 40.

An Ordinance to amend an Ordinance
entitled can Ordinance authorizing
the issuing of bonds of the City of
P~leasantville in the amount of
Twenty-Five Thousand Dollars for
the purpose of providing funds
wherewith to pay the cost and ex-
pense of charging and repairing
the school building situate on West
Park Avenue, East of the West Jer-
isey & Seashore Railroad, bv remov-
ing the old frame structure there
from and erecting and furnishing an
eight room addition thereto" pass
ed at a regular meeting of Common
Council, March l, 1915, approved
March 2, 1915.
Section L. Be it Ordained bv the
Common Council of P~leasantville, that
section one of the Ordinance referred
to in the title of this Ordinance be and
the same is hereby amended to read:
Section 1. That there shall be is
sued by the City of Pleasantville I'M
der its corporate seal, signed by the
Mayor, attested by the City Clerk and
countersigned by the City Treasurer,
bonds of the said City in the amount
Of Twenty-Five Thousand Dollars, for
GlC Ddlp OOC VI pIONlOAlG d 1QllQ lIOIil
which shall be paid the cost and ex-
pense of charging and repairing the
school buildings situate on West Park
Avenue, East of the West Jersey &
Seashore Railroad, by removing the
old frame structure therefrom and
erecting and furnishing an eight room
brick addition thereto.
Said bonds shall be of the denomi-
r a. n111-.- I'll.
numbered from 81 to rs both inclus-
ave; said bonds shall be called "School
Bonds and bear date of January LIST,
3915, and Nos. 81 to So inclusive shall
Zoe payable January LIST, 1880; Nos. Sc
ato so inclusive shall be payable Janu-
AIRY 1st, 1885; Nos. 81 to 65 inclusive
shall be payable January LIST, 1910;
Nos. 66 to 10 inclusive shall be paya-
Fole January LIST. 1915, and Nos. II to
15 inclusive shall be payable January
list, 1850; they shall be registered OF
coupon bonds and shall bear interest
at the rate of five per cent per annum,
payable semi-annually on the first day
of January and july; said coupons
shall have thereon the signature in
writing or autographed of the City
Treasurer.
The principal and interest of said
bonds shall be made payable at the
Pleasantville Trust Company, Pleas
antville, New Jersey, and as a provis-
ion for the payment of the interest, as
the same shall become due and paya-
BILE, the Common Council shall provide
by taxation in the annual tax levy of
said city, such sum as may be neces-
gsary for that purpose and in addition
thereto an annual levy sufficient for
bhe redemption of said bonds, the same
to be placed in a sinking fund created
for that purpose and the credit and
faith of the City of Pleasantville and
the inhabitants thereof are herebv
pledged for the faithful payment OF
said bonds and the interest thereon as
the same shall become due and paya-
fble.
Section 2. Be it further Ordained
that this Ordinance shall take effect
Immediately.
Passed at a regular meeting of Com
mon Council held this sixth day Of
April, A. D. 1915.
CLARK ADAMS,
Acting President of Common Council
Attest:
NEHEMIAH ANDREWS,
City Clerk.
Approved this sixth day Of April
A. D. 1915.
CHARLES j. ADAMS,
Mayor of Pleasantville.