The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1918-11-19
II The Journals Want Ad Opportunities
GOVERNMENT
Ordinance No. 14-serles No. 8.
AN ORDINANCE

Ordinance No. f4-series No. 8.
AN ORDINANCE
To Be Entitled: An Ordinance to Provide
for the Printing, Lithographing En-.
craving and Issuance of Special I'm
provement Bonds of the City of Pen
sacola.
Be 1t Ordained by the Board of Commits
sioners of the City of Pensacola:
Section i. That for the purpose of pay
ing the sums payable by lots or parcels OF
land and railroads. as evidenced by nego-
table certificates. for the improvements
assessabie to said lots, or parcels OF
lands and railroads. as shall be provided
by city ordinance pursuant to the pro-
Visions of Chapter 6083, Laws of Florida
of 1909, entitled: AN Act relating to the
Improvement by the City of Pensacola
Iof its Streets, Alleys and Public Ways -
said Board of Commissioners shall cause
to be printed, autographed, or engraved
coupon bonds of the City of Pensacola,
to be known Special Improvement
Bonds of the City of Pensacola, Florida -
20 the amount of Two Hundred Thousand
Dollars, each of said bonds to be of the
denomination of Five Hundred Dollars
($500). to bear interest at the rate of
SIX (s) per cent per annum, payable
1918. numbered l to 400, both inclusive,
designated Series A, divided into Groups
to 10, both inclusive, and payable as
follows:
Series A, Nos. 1 to 40, Group 1. payable
l year after date.
Series A, Nos. Al to 80. Group 2, payable
years after date.
Series A. Nos. 81 to 120, Group 8, pay
able years after date.
Series A. Nos. 121 to 100, Group 4, pay
able years after date.
Series A, Nos. 161 to 200, Group 5, pay
able years after date.
Series A, Nos. POI to 240, Group 6, pay
able years after, date.
Series A, Nos. 241 to ESQ, Group z, pay
able years after date
Series "A, Nos. PSI to $40, Group 8, pay
able years after~date.
Series A, Nos. 321 to $50, Group 9. pay
able years after date.
Series A, Nos. 361 to 400, Group 10, pay
able 10 Years after date.
The option shall be reserved by the city
to redeem any bond at any time within
twelve months before it's maturity at par
and accrued interest by giving, as pro-
vided in the form of the bond hereinafter
provided, thirty days notice of it's in
tention to redeem.
Section q That the form of said
bonds and coupons shall be substantially
UNITED, STATES OF AMERICA.
STATE OF FLORIDA.
$4,000 NUMBER Groups $500 500;
CITY OF PENSACOLA
SPECIAL IMPROVEMENT BOND,
1918 ISSUE
For value received, the City of Pen
sacola, a municipal corporation of the
State Of Florida, hereby acknowledges
itself indebted. and promises to pay to
bearer, or the registered holder, if this
dred ts500) Dollars ............... years
after date, with interest at the rate of
six per cent per annum, payable semi
on April 1st and October 1st, on
and surrender of the an
nexed interest coupons, they severally
become due, both principal and interest
States of America, of the present weight
md fineness at the office of the trea surer
IF said city, in the City-of Pensacola.
The City of Pensacola hereby reserves
hn 0Yafin tArtxy 81 6nnr, if1ey nt
par and accrued interest any of the
series of bonds of which this is one.
1t any time within the year preceding its
upon giving thirty days notice
~ mail to the registered holder at his
registered address, if this bond be
registered, and by publication once each |
ished in the City Of Pensac cola and in
newspaper published in the City of
lew York.
This bond is issued by the City of Pen
acola under and in compliance with the |
Constitution and the Laws of the State of
florida, and ordinances of said city, in |
luding among others an Act of the Leg
sla ture of said State, entitled: IAN Act
relating 20 the Improvement by the City
f Pensacol of its Streets, Alleys and
'ub1fc Ways" approved April %, 1909,
ity duly had and adopted in accordance +
With the Constitution ard Statutes of the
aid State and Charter of said city.
1t is hereby certified, recited and de-
Jared that all acts, conditions and things
equired to exist, happen and be per-
ormed precedent to and in the issuance
cen performed in due time, form and
lanner as required, and that this bond
)gether with all the other Indebtedness
said city does not exceed any limit
by the Constitution and Stat
ties of the said State and the Charter of
aid city, and that tns faith and credit
said city and the entire taxable prop
rty in said city are hereby irrevocably /
edged to the punctual payment Of the
-incipal and interest of this bono.
In Witness Whereof said City of Pen
Lcola has caused this bond 70 be signed
? the three Commissioners constituting
e Board of Commissioners of said city,
Id the corporate seal of said city to be
,reto affixed, attested by it's City Clerk |
Id countersigned by City Comptrol-
r, and the coupons hereto attached to
,ar the signatures of said Commission
3 and City Clerk, and this bond to be
Getty SeaD CITY OF PENSACOLA,
By Its Board of Commissioners. 1
test:
lily Sfeih.
Countersigned: NEUTRALITY-SUSPICIOUS..
City Comptroller.
FORM OF COUPON.
The City of Pensacola, municipal cor
ration in the State of Florida, will pay
ice of the Treasurer of said City, in
e City of Pensacola, Florida, the sum of
300 In gold coin of the United States
America, of the present weight and
eness, being six months interest then
lie on it's Special Improvement Bond
ted ............, numbered. ...........
...-......-.
Board of Commissioners.
City Clerk.
Section 3. That said Board Of Commits
,ners shall execute, issue and deliver
10 many of said bonds as shall be neces-
AIRY as provided by the Ordinance passed