The Maryville times. (Maryville, Tenn.) 1884-1944, 1917-05-31
Notice of Election
ORDINANCE NO. 2os

ORDINANCE NO. 2os
Ordinance ordering an election to be
held in the Town of MarYville,
Tennessee, to submit to the qualI-
fled voters of said town the propO-
sition of issuing Seventy Thous-
and Dollars of Bonds for the pur-
pose of constructing a sewer sys-
tenn in and for said town which
said bonds are authorized under
an ordinance no. 2O4 passed by
the town of MaryVille on the 22nd
day of May, 1917, approved on the
oath day of May, 1917, and fixing
time and place for holding said
election.
WHEREAS, the Board of Mayor
and Aldermen of the town of Mary
vile did on the 22nd day of May, A.
d. 1917, pass an ordinance No. R04
entitled
Ordinance providing for the issuance
of Seventy Thousand Dollars of
Bonds of the town of Maryville,
Tennessee, for the purpose Of
raising funds with which to con-
! struct a sewer system in and for
by means of tax wy to pay inter-
est on said bonds and create a
sinking fund for the payment of
the principal as it falls due.
which said ordinance was approved
on the oath day of May A. " 1917,
and
WHEREAS, it is required by chap
ter so of the First extra session of
the year 1918 of the. General Assem-
bly, State of Tennessee, passed Sep
TENDER 27, 1913, approved the same
day, that before such ordinance
shall become effective, the question
of the issuance and sale of said
bonds shall be submitted to the quail
flied voters of said town.
NOW THEREFORE be it Ordain-
ed by the Beard of Mayor and AL
uermen of the Town of Maryville,
Tennessee,
SEC.1. That there shall be and
there is hereby ordered to be held
in the said town of MaryWlle, on the
7th day of July A. D.. 1917, spe-
cial election for the purpose of sub
hitting to the qualified voters the
terms of said ordinance No. 2O4, I
passed on the 22nd day of May 1917 |
and approved on the oath day of |
May 1917.
SEC. 2. Said election shall be ad-
vertised at least 80 days before the /
same is held by notices inserted at
least once each week in both the
Times and the Maryville
which said election no
lice shall be in substantially words
and figures as follows:
NOTICE OF SPECIAL ELECTION
We the undersigned Commissioners
of Election for Blount County,
Tennessee, hereby call an eleetion
to be held at the various voting
precincts in all the Wards, of the
Town of Maryville, within the le-
gal hours Tor holding, slecAssns,
ON July 1917, for the purpose of
ratifying or rejecting the prOPos-
ed sewer bond issue for Seventy
Thousand $50, 0OOA0O) DolSara
bearing interest not to exceed 8
per cent per unnum, provided for
in ordinance No. 2O4 passed on
the 22nd day of May 1917. by she
Board of Mayor and Aldermen, of
fs17.
which ordinance is in words and fig
lres as follows.
ORDINANCE NO. 204
Ordinance providing for the issu-
ance of Seventy thousand Dollars
of Bonds of the Town of Mary
vile, Tennessee, for the purpose
of raising funds with which to
construct Sewer Sy&tem in. and
for said Town and providing a
Revenue by means of tax levy to
pay interest on said bonds, and
create a sinking fund -four tina pay
ment of the principal as it falls
due.
SEC. /. Be it ordained by the
Board of Mayor and Aldermen of
he town of Maryville, Tenn. That
pursuant to, and in accordance with
he powers granted by the General
Assembly of the State of Tennessee,
Under Chapter so of the first extra
session of the year 1918, passed
Sept. 27, 1918, and approved the
same day. there shall be issued bonds
If the town of Maryville in the
amount of Seventy Thousand Dol
ars in denominations Of Five Hun
1red Dollars each, dated July LIST,
1917, and maturing as follows:
Ten Thousand Dollars in Is years;
Fifteen Thousand Dollars in 20
years; twenty Thousand Dollars in
IS years; Twenty-Five Thousand Dol
ars in 80 years, bearing interest not
% exceed per cent per annum,.
lue and payable semi-annually on.
he first days of January and July
and evidenced by inter
est coupons, which together with the
ponds shall be payable at the Chemi-
,al National Bank at New York City.
Said bonds and interest thereon shall
De payable in gold coin of the Unitedi
States of the present standard of
weight and fneness. Said bonds.
shall be sold for not less than par
and no commission shall be paid in
with the sale thereof.
Said bonds shall be signed by the
Mayor and Recorder, and shall also
bear the impress of the official seal
of said town, and the coupons Of
said bonds shall bear the lithograph-
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