The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1918-10-30

| ing part OF the SpeciHcatlons ABOVE re-
J.. T. BULLEN.
! District Engineer.
! Ordinance No. 14-serIes No. 8.
AN ORDINANCE
I 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
Be 1t Ordained by the Board of Commits
sioners of the City of Pensacoia:
Section l. That for the purpose of pay
1 ing the sums payable by lots or parcels OF
land and railroads, evidenced by nego-
| table certificates, for the improvements
assessable to said lots, or parcels OF
lands and railroads as shall be provided
by city ordinance pursuant to the pro-
visions of Chapter 6oS3, Laws Of Florida
of 1909. entitled: An Act relating to the
of it's Streets. Alleys and Public Ways"
said Board of Commissioners shall cause
coupon bonds of the City of Pensacola.
| to be known as Special Improvement
Bonds f'the City of Pensacola, Florida, .
| to the amount of Two Hundred Thousand
Dollars, each of said bonds to be of the
| denomination of Five Hundred Dollars
(s50o), to bear interest at the rate of
| six (6) per cent per annum, payable
| semi annually. to be dated October LIST.
1918, numbered 1 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
| year after date.
| Series a, Nos. II to so, Group 2. payable
| 2 years after date.
Series A, Nos. 81 to 120, Group 8. pay
able 8 years after date.
Series A, Nos. 121 to $50, Group 4, pay
able years after date.
| Series A, Nos. ISL to 200, Group 5, pay
able years after date.
Series A, Nos. col to 240, Group 6, pay
| able years after date.
| Series a, Nos. 241 to $50, Group Z. pay
able years after date.
Series A, Nos. PSI to $40. Group 8, pay
| able s years after date.
Series A, Nos. 321 to $50, Group 8, 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
twelve months before its maturity at par
and accrued interest by giving, as pro-
vided in the form of the bond hereinafter
provided, thirty days notice of its in
Section 2 That the form Of said
| bonds and coupons shall be substantially
UNITED STATES OF AMERICA.
| STATE OF FLORIDA.
Series s.d Number, Group .;oo
CITY OF PENSACOLA;
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
bond be registered, the sum of Five Hun
bred (S500) Dollars ................ years
after date. with interest at the rate of
annually on April 1st and October 1st on
presenta ton and surrender of the an
nexed interest coupons. as they severany
become due, both principal and interest
being payable in gold coin OF the United
States of America, of the present weight
and fineness at the office of the treasurer
10
The City of Pensacola hereby reserves
the option or privilege of redeeming at
par and accrued interest, any of the
series OF bonds of which this is one.
at any time within the year preceding its
maturity. upon giving thirty days notice
by mail to the registered holder at his
registered. and by publication once each
week of said time in newspaper pup
lished in the City of Pensacola and in
a newspaper published in the City OF
New York. ..-s
This bond is issued by the City. of Pen
sacola under and in compliance with the
Constitution and the Laws of the State of
Florida, and ordinances of said city, in
Guiding among others an Act of the Leg
islature of said State. entitled: An Act
of Pensacola of it's Streets, Alleys and
Public Ways" approved April 2s.. 1909.
and ordinances and proceedings of said
city duly had and adopted in accordance
with the Constitution and Statutes of the
said State and Charter of said city.
II
clared that all acts, conditions and things
required to exist, happen and be per-
formed precedent to and in the issuance
of this bond have existed. happened and
been performed in due time, form and
manner required. and that this bond,
together with all the other indebtedness
prescribed by the Constitution and Stat
utes of the said State and the Charter of
said city. and that the faith and credit
of said city and the entire taxable prop
erty in said city are hereby irrevocably |
pledged to the punctual payment of the
principal and interest of this bond.
In Witness Whereof said City of Pen
sacola has caused this bond to be signed
by the three Commissioners constituting
and the corporate seal of said city to be |
hereto affixed, attested by its City Clerk |
and countersigned by City Comptrol-
Ter, and the coupons hereto attached to |
bear the signatures of said Commission
ers and City Clerk. and this bond to be |
dated October 1st. 1918
Getty SeaD CITY OF PENSACOLA
Attest: .'.''>'@.O'''i
City Clerk. .:.:.:........:.:.
Countersigned:- .................I
City Comptroller.
FORM OF COUPON.
The City of Pensacola, municipal COR
poration in the State of Florida, will pay
o to bearer re .S on rrsa... LIST -. at the
the City of Pensacola. Florida the sun, of /
$500 in gold coin of the United States |
of America. of the present weight and
fneness, being six months interest then
due on its Special Improvement Bond
dated ............, numbered. ......... |
-.
.
Board of Commissioners.
City Clerk
Section 8. That said Board of Commits
sioners shall execute. issue and deliver
so many of said bonds as shall be neces- |