The Maryville times. (Maryville, Tenn.) 1884-1944, 1915-04-22

wards. We also file herewith thu
returns from each ward, showing
the result therein.
This March %, 1915.
James P. Chandler, Chairman
M. H. Gamble, Secretary.
And from the above report the
commissioners of election duly
and regularly made and recorded
it appears that at the election
held March 20, 1915, a majority
of the legal votes cast was in ia.
vor of the issuance of the bonds
of the municipal corporation, for
the purpose of raising funds with
which to erect, construct, and
maintain a system of water works
for said municipality and for pro-
Viding for a revenue by means of
tax levy for paying the interest
on said bonds and creating a
sinking fund for the payment of
the same; it is further ordained
and it is required that the Mayor
and Recorder issue the bonds of
the corporation to the amount of
Fifty-Five Thousand Dollars
| 1855, 100000 in the manner and
form following:
Said bonds shall be in denomi-
nations of Five Hundred Dollars
$500. O0) each, payable in lawful
money of the United States and
bearing interest at the rate of
five per cent (5%) per annum
payable semi-annually, as evil
denced by interest coupons at
tached to said bonds. Said bonds
shall bear date of January LIST,
A. d. 1915, and shall become due
and payable January LIST, A. D.
1916; both principal and interest
to be payable at the Chemical
National Bank in the City of
New York, said bonds shall be
signed by the Mayor and attest
ed by the Recorder with the seal
of the corporation attached, and
the coupons shall be executed by
the Autographed fac smile sig
nature of the Mayor and Record
err. Said bonds shall be num-
bered consecutively from one % |
to one hundred ten (11O) in num-
erals and the coupons shall be
numbered in numerals so as to
show the bond number, also the
coupon number on it. 4
Section 2. Be it further or
Iained, That the bonds provided
or in the foregoing section of i;
heir ordinance shall be substan-
tally in the following FORM
70. United States of America $500 =
State of Tennessee, =
County of BlOunt.
Town Of Maryville, :.
Water Works Bonds, !,
now all men by these presents, T
hat the Town of Maryville, in h
1e County of Blount and State q
f Tennessee, a municipal cor q,
grafton duly organized and ex- v
,uted and under and by virtue W
{ the laws of the State of Tenn n
'see, acknowledges itself to owe al
I'd for value received hereby h,
'omises to pay to bearer the ~
I'm of Five Hundred Dollars al
on the LIST day of Janu- r.
y A. D. 1916, together with in II,
rest thereon from the date ~
,reof, said payment at the rate az
five per cent Is per cent? per n
mum, payable semi-annually on III
e first days of January and Ju- q,
in each year. as evidenced by r,
d upon the surrender of the 10
nexed interest coupons as they 70
come due. Both principal and ho
,erest payable in lawful money ~
the United States of America ~
the Chemical National bank in ~,
2 city and state of New York; ~,
d for the prompt payment of ho
is bond both principal and in 81;
est at maturity, a lien is &C liz,
and declared on the 49,
stem of water works about to e.,
constructed and established in 80
d town, and in addition, the -,
tn, credit md resources of r.
d municipal corporation are ~,
'eby pledged. This bond is GIN
, of several of One hundred -
of (110) of like date, tenor y