Carroll County democrat. (Huntingdon, Tenn.) 188?-1971, 1917-05-18

as follows, to-wit;
Twelve Thousand Five Hundred
Dollars for the purpose Of secur-
ing and installing wsterWorks
system, and for general water
works purposes.
And Seven Thousand Five Hum
dFed Dollars for the purpose of
securing and installing an electric
light system, and for general cleo
trio light purposes. Said $l2,50
and said So 500 may be used for
water or electric light purposes,
either or both, and Five Thousand
Dollars for for street improvements
or sidewalk improvements, or for
street and sidewalk improvements.
SEC. 2. Be it further enacted,
That said bonds hereinabove pro-
vided for may be issued in de-
nominations of One Hundred Dol
lars to FiverHundred Dollars, and
they shall mature and be redeem
able at such time within twenty
years as may be prescribed by
corporate ordinances authorizing
and empowering the issuance of
said bonds.
Said bonds shall bear a rate of
interest not exceeding six per cent
per annum, payable annually, and
said bonds shall not be sold for
less than their face value.
SEC. 3. Be it further enacted,
That the issuance Of said bonds
shall be known as Mayor and
Aldermen of Irrelevant Bonds"
the proceeds of which shall be
used exclusively for the purpose
for which said bonds as provided
for in this Act shall be issued.
SEC. 4. Be it further enacted,
That none of said bonds authorized
to be issued by this Act shalls@be
issued without the passage of an
ordinance by the Mayor and Alder
men of Trezevant, specifying the
purpose for which said bonds aret)
beissued, and directing an election
to be held by the qualified voters
of said Town of Irrelevant For"
and Against" the issuance of said
bonds as provided by this Act,
said election to be held under the
general election laws controlling
the holding of elections 10 the
Town of Irrelevant, provided, that
q failure of a majority of the quail
fled voters of said Town of Treze-
want, and who are qualified to vote
in the municipal elections of the
Town of Irrelevant under its char.
ter, voting in said election to vote
for the issuance of said bonds pro-
Nded for in this act shall not pre-
sent q submission of another pro.
positionto issue bonds under this
act; but if in any of said elections
herein provided for a majority of
the qualified voters voting in said
election, shall vote for the issuance
Of said bonds, or any of said bonds.
as provided for in this Act, said
bonds or such of said bonds as
shall be authorized by a majority
Of the voters voting in said cleo
ton, shall be accordingly issued
as directed by this Act; and 10
case of failure of a majority of the
voters voting 10 said election to
vote for the issuance of said bonds
or any Of said bonds as provided for
in this Act, subsequent elections
may be held under the same pro-
visions and restrictions as provided
in this Act, as to whether said
bonds shall be Issued.
SEc. 5. Be it further enacted,
That in said election or elections
herein provided for. the ballots
used shall have apon them respect
lively For the issuance Of bonds,
and Against the issuance of
bonds" as provided for BY an or
dinance passed by the Mayor and
Aldermen of the Town Of Tree
want.
SEC. 6. BE it further enacted,
That the Board of Mayor and AL.
dermen of the Town of Irrelevant
are hereby authorized and empow-
cred to submit to the voters of the
Town of Irrelevant, by ordinance,
passed by said Board of Mayor and
Aldermen, the proposition as to
all of said bonds provided
for in this Act shall be issued, or
the proposition as to whether only
such of said bonds shall be issued
as provided for by said ordinance,
provided, that the submission of
only, a part of said bonds herein
authorized to be issued be submit
led at anyone time or in any one
to the qualified voters as
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