The Cordele dispatch. (Cordele, Ga.) 19??-1971, 1916-05-07
BOND ELECTION
III FOR Light PLANT
MAYOR JONES PRESENTS RESO-
LUTON AT WEDNESDAY NIGHT
SESSION OF COUNCIL WHICH
WAS ACCEPTED.

Without a dissenting vote the resO-
luton offered by Mayor Gordon Jones
was passed at the meeting Of The city
council last Wednesday night, provid-
ing for an election on July -, for de-
termining the question of whether or
not the city shall issue bonds in the
amount of $G0,000 for the corstruc-
tiCn CT d municipal electric lighting
and power plant.
The resolution provides for the es-
Enlistment OF lighting and power
plant in connection with The city wa
ter works plant and the movement has
for one of it's ultimate purposes the
establishment OF a white way"
throughout the business section Of The
city. It is proposed to issue the bonds
in the denomination of $1,000 each
bearing interest at the rate of per
cent. per amman and maturing with
in thirty years from the date of is
sue.
When Mayor Jones offered the res
olution before council, the mayor pro
ten, Alderman J. NJ. Hunt. took the
chair, The resolution was passed in
short order, as the members OF the
body had evidently acquainted them
selves with it's contents before it came
up for formal consideration. A move
ment for municipal ownership Of an
electric light and power plant has been
under discussion among city officials
and others for two years or more, and
it has been evident chat the matter
would finally be left to the consider
alton and disposition of the voting
public.
The resolution as offered by Mayor
Jones Yves as follows:
BE is resolved by the mayor ana
city council of Cordele,
THAT an election be held at the
Council Chamber in the city OF Cor
dele en- the 18th day Of July. 1916, for
the purpose of determining whether
or not said municipality shall issue
bonds for the following purposes and
amounts, and described as follows:
"$6O,000,00 to be known as Munich
pal Electric Light Bonds. to be used
for purchasing, installing, construct
ing and equipping an electric light and
IiCr1, ctt-c
TEN in connection with the water
works system OF the city, to be owned
and operated by said municipality
Said bonds to be issued in denomi-
nations of 100000 each, bearing III
terest at the rate Of 5 per cent. per
annum and maturing in Sc years from
the date of issue.
"Be if further resolved by the au
thorty aforesaid, That said election
shall be conducted under the same
rules and regulations as provided by
the charter and ordinances for the
election Of the Mayor and Alderman
of said city, and all persons qualified
10 vote for the Mayor ard Alderman
Of said city shall be qualified 10 vote
in said election.
"Bc it further resolved by tho au-
thority aforesaid, That the city clork
Of the city Of Cordelc shall have pre-
pared a ballot for use in said election,
which sail be printed as follows
For Municipal Electric Light
Bonds" and against Municipal Flee
trio Light Bonds" which said form of
ballot shall be used in said election.
"Be it further resolved by the an
thority aforesaid That notice Of sad
election shall be given by publication,
as provided by law in the official or
gan OF said city, once week for thir
ty days, Immediately preceding the
date Of said election"