The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1918-09-18

having been duly approved by the major
ity of the votes cast by the voters OF
said city, duly qualified, as prescribed by
law, to vote thereon at an election duly
and legally called and held for that pur-
pose on August 10th, 1918
1t is hereby certified, recited and de-
ciared that all acts, conditions ana Things
required to exist, happen and be per-
formed precedent to and in the issuance
been performed in due time, form and
manner as required by law, that this
bond, together with all other indebted
ness of said city, does not exceed any
limit prescribed by the Constitution and
Statutes of said State or the charter OF
said city, and that the faith and credit
of said city and the entire taxable prop
frty of said city are hereby 1rrevocaply
pledged to the punctual payment OF the
rincipal and interest of this bond
In Witness Whereof said City or ZEN
,accla has caused this bond to be signed
~ the three Commissioners constituting
The Board OF Commissioners OF said city.
and the corporate seal of said city to be
here affixed. attested by its city clerk,
and countersigned by its city Comptroller,
and the coupons hereto attached to bear
autographed or engraved signatures OF
said Commissioners and city clerk, ana
this bond to be dated the first day of
os se'iss san "A D, d IFS OF PENSACOLA.
Attest:
city Clerk. ....:.:..::......
City Comptroller
FORM OF COUPON.
The City of Pensacola, a municipal cor
poration in the State of Florida, will pay
to bearer On April 1st, d.. at the Of
flee Of the United States Mortgage and
Trust Company. in the City and State
of New York, the sum of twenty-five no.
100 dollars (s25.oe). in gold coin of the
United states of America of the present
standard weight and fineness, being six
months interest then due on its Improve
ment Bond. dated october 1, 1913, num-
bered ...-.--...
City Clerk.
Board of Commissioners
Section 3. That upon the adoption OF
this ordinance said Board of Commits
sioners shall thereafter, at such time OF
times. as they shall by resolution deter
mine. offer all. or any portion of said
bonds for sale only for the purpose OF
purposes fer which they are autnorizeo
TO be issued all in accordance Win tns
provisions of the aforesaid ordinances
to-wit:
For the purpose of extending and Inn
proving the city's sewerage and drainas
dollars (s65. .0o).
For the purpose of extending and Inn
pfo ,4fv the oxs w ansrs
For the purpose of grading, paving ano
curbing. or otherwise improving streets
between Barrancas avenue an Govsrn-
ment streets. in the subdivision aoJacent
to the Pensacola Shipbuilding COMPANY
plant, the sum of Twenty-Five tnousanu
dollars fs25.eo9.e e3.
For grading paving and curping or
otherwise improving streets. fnciudlng re-
paving and repairing OF DevlIhers ana
Garden streets. the sum of fifty thous-
and dollars ESQ, 1000
For the purpose of providing funds to
secure the surrender. relinQuishment. and
the reconreyance to and re-fnvestment
in the City of Pensacola of all the rights
and title IN and to the water front prop
erty granted to John A. Merritt and J.
s. Reese by ordinance passed January
7th, 1918. according to agreement of said
Merritt and Reese. fled in the office Of
the city clerk, December 81, 1917, the
sum not exceeding forty thousand dol.
lars fs40oo9. 001.
Section 4. That this ordinance shall
take effect Immediately upon its passage
Passed September 8. 1918
Attest: ]. o. WALKER.
1851 City Clerk
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