The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-06-17
Series No. =, Ordinances Ne. Sc.
AN ORDINANCE

To Ra nnttlsa. aAr Ordinance q ore.
vide for tbs tssuancs and safe 81
aondas GO Sc Known as ire water
Works and City BuHdinn Bonds, os TIE
City 81 Pensaeoia, n Accordance With
TIRE Provisions Cf TIE Act a. tha Laai1-
laturs 81 ire stats o. rleflaa. kpprovss
June fSf, feis, Enmtlses An Ace 20
Authorize ire City o. pen@nrcla. Ftors
ga. g Issue Negotiable Bonds for
Certain Municipal purpeaea.'"
Whertaas the Agt o. tbs Legislature -
the state 0f Florida, approved June Jet
t#las entitled AN Act to Authorize
tae city 81 Pensacola. Florida. go Issue
Negotiable Bonds fer Certain Municipal
missioners ot the city 81 Psnsa cola.
FLORIDA, so provide nv ordinance for the
issuance uf and 60 Issue negotiable bonds
81 said city f0r Che several purposes ard
amounts therein enumerated
Whereas, the question n the issuance
OF said bonds was duly HJhmittea 70 the
qualified electors Of TIE city % penFn-
cola aa provided hw the aforesaid Act
q the LEGISLATURE 81 the state 81 E1orida
at tie election which VAS duly held Iu
said city on the I'm dag % -uue. 1915;
ARID
whereas the votes AZ which SAID
election have been duly chnvaeaea ard
fbe results thereof declared ard al
which saia election the majority ~ tfs
votes cast thcreht br the qualined voters
qualified 90 vote, ARID voting thereat wrra
cast n favor of the Issuance - bends
foF each and an a. size amounts AnA
tc=wifs
r1r ERIE purpose - erecting ana equip
ping buildings for the use - tire Ere ana
police department % sasd city the sum
% Ten Thousand $50 Geo etl Dollars.
For the purpose n erecting equip.
ping. extending and tmprovina the build
tuwn and plant 81 the water department..
and eanstrleti1E end equippug % stable
works tte sum r. Twenty Thonaa Sal
1850 900 cor Dollars
Now Therefore. ne n Ordained b ths
Board of Commissioners ~ the city 81
Pensacola
section /. That pursuant 10 the afors.
said Act q che LEGISLATURE 81 the Stats
~ Florida. and a. authorizes ~ ths vote
20 the electors of said city a. aforesaid
Z negotiable coupon bondw % the CITY 81
Z Pensarola shah be- Hthoeraphe8. or en-.
Z Eavrd. issued ana sold a. herM naftef
provided. and in accordance with abe pro-
I visions ~ sH}d Act FOR TIRE several nur.
poses and amounts toilowinE. 20 wlt:
For the purpose m erecting ana euufn.
Z police departments ~ said city the aum
81 Ter Thousand gt1e.ooal Dollars.
For the purpose uf erecting. equin.
4 ninn extending and Improving ire brffia
/ lmaa and plant ~ the water department
L and constructing and equippimg ~ stah1i
z for the department. - streets ard nnhii,
works ere sum az Twenty Thnasan ~
f ttao ao6l Dollars
/ section 3 Tha bonds hereby author
E lied % he issued shan Re- designated a.
+ Ths Water Works and cts Ruldins
4 Bonds of the City of Pensacola florida
4 ard shall be issued FRI tire name nf SAT-
+ citV ~ Pensacola. Florida and SHAH ~
+ zned b. che Commissioners 81 TIE saig
Z eIts under the seai ~ said city. attastsf
Z 81 ERE city clerk and shall - counter.
Z signed ~ fts comptroller
Il said bonds nhau he divided grtn foul
I series and numbered consseutivelv. a
T follows
series A shan - numbered 70 g
I hoth Inclusive ard shall - ~ ths e.
i domination of rive Hundred pslar
4 $500 6oj each.
series B shan - numbered Al 70 Ire
f both inclusive ard shall - 81 Ire De
/. uoartnation 81 Fifty Dollars 5000
! each
series O. shau be numbered fai 70 qas
I both inclusive. an dmhall - % thn De-
nonination q Ffty Dollars tt9o08
series o shsn - nmbsrsa ct q 80
I both inclusive. sud enaN hs ~ fhs a.
Il domination % Twenty-Five Dollar
/ lf16 ~ each
said beads shaH hear date of Iuly 80
/ 1913 ard he payable Tea llaf ysars ate
said date ard shah bear interest e ~
rate % HiE fsl Per cent per annura, rav
abie semi @annuahH, January iat and Jun
fEt
TIE principal ara interest AZ saia bond
4 shall he payable af the America
National Bank. ~ r~Hesnasa. Florida
seeuon :. IAs E@mn og said bonds an