The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1918-12-28
NO. POP.

AN OhDlNANCE 10 authorize the issuance
of bonds of the City Of Pleasantville in
the sum of nine thousand seven hundred
and thirty-siX dollars and sixty-four cents.
for the purpose of providing funds where
with to refund indebtedness of the City of
Pleasantville heretofore incurred for fire
equipment and fire apparatus.
certificates of indebtedness of $1,000 each,
due September l, 1918. and on November L,
1913. one certificate of indebtedness of ST.
600 due November L. 1918, were issued by
the then Borough of Pleasantville to provide
funds for the purchase of fire equipment,
and there is presently in hand in the Sinking
Fund of the City the sum of $4,000 upon
account of said indebtedness and
WHEREAS, on September 4, 1918, tenn
porary notes of the City of Pleasantville for
S5650 were issued, due December 4. 1918,
for the purpose of temporarily providing
funds to pay for the combination city service
hook and ladder truck; and
WHEREAS, the City desires to provide
funds for the payment of the amount due
for the Indebtedness incurred for said fire
equipment and fire apparatus by the issuance
of It's bonds as provided by law.
NOW, THEREFORE,, BE IT ORDAINED
by the Common Council of the City of Pleas
~antville
Section 1. That for the purpose of pro-
viding funds for the payment of the indebt-
edness incurred by the City for fire equip
ment and fire apparatus as above set forth,
there be issued bonds of the City of Pleas
antyille in the sum of nine thousand seven
hundred and thirty-siX dollars and sixty-four
cents. Said bonds shall be designated Fire
Indebtedness" bonds and shall be of the de-
nominations and numbered as follows:
No. /, $S6S.S2.
No. 3, 100000.
No. 1, 100000.
No. 5, S 100000.
No. 6, 81, 900. 90.
No. Z, 81, 100000.
No. 8, 81, 100000.
No. 8, 81, 100000.
No. 10, 81, 600. 90.
Said bonds shall be dated December 4,
1918. and shall mature as follows:
Nos. 1 and 2, Decembe 4, 1920.
No. 8, December 4. 1921.
No. 4, December 4, 1922.
No. 3, December 4, 1923.
No. 6, December 4, 1924.
No. Z, December 4, 1925.
No. 8, December 4, 1926.
No. 8, December 4, 1927.
No. 10, December 4, 1928.
Said bonds shall bear interest at the rate
Of six per centum per annum, payable semi
annually, December 4th and June 4th, and
shall be signed by the Mayor, sealed with
the corporate seal of the City of Pleasant
Vile. attested by the City Clerk and counter
signed by the City Treasurer of the City of
Pleas antville, and shall be registered bonds.
payable upon maturity at the First National
Bank of Pleasantville, New Jersey.
Section-2. The Common Council of the
City of Pleasantville does hereby determine
and declare that the probable period of USE
fulness of the Improvement for which the
indebtedness aforesaid was incurred and to
refund which said bonds are issued, namely.
the purchase of fire equipment and fire ap-
paratus, is ten years.
Section 8. The City Clerk is hereby au-
thorized and directed to publish this ordi-
nance once in The Pleasantville Press, a
newspaper printed and circulating in said
city, and publish Herewith a statement in
substantially the following form:
The foregoing ordinance was approved on
the goth day of December, 1918. The bonds
| authorized thereby will be issued and deliv-
cred after the Seventeenth day of December,
1918, and any suit, action or proceeding to
set aside or vacate this ordinance must be
begun within twenty days after the publica-
ton of this statement.
Section 4. This ordinance shall take effect
Immediately.
Passed at a special meeting of the Com
mon Council of Pleasantville. New Jersey,
held this goth day of December. 1918.
ALBERT e. JAMES,
President of Council.
NEHEMIAH ANDREWS, City Clerk.
Approved Dec. 81, 1918.
! THOMAS F. CRAWFORD.
Mayor.