The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1919-10-10

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years thereafter, without exceeding
such annual income and revenue. now
therefore:
The City Council of the city OF Lou
lisa do ordain as follows:
Section /. That there be, and there
is hereby, submitted 10 the qualified
voters OF the city OF Louisa. at an
election which is hereby ordered to be
held at the same time as the regular
elction in the city OF Louisa on Mo-
vember 4, 1919, the following ques-
ton:
Are you in favor of the propo-
sition that the city OF Louisa in
cur an Indebtedness of One Hun
dred and Fifty Thousand $780,
OOO) Dollars and issue its bonds
therefor, payable Fifteen Thou
sand (s15,000) Dollars in one year.
Fifteen Thousand ts15.OoO) Dollars
in two years
Fifteen Thousand tsl5.Ooo) Dollars
in three years.
Fifteen Thousand G15.ooO) Dollars
in four years.
Fifteen Thousand ts15,oOo) Dollars
in FIVE years.
Fifteen Thousand 6s15.ooo) Dollars
In six years.
Fifteen Thousand ts15.0oo) Dollars
in seven years.
Fifteen Thousand (s15.OOO) Dollars
in eight years.
Fifteen Thousand (s15.0oo) Dollars
in nine years.
Fifteen Thousand (s15.000) Dollars
In ten years.
bearing interest at the rate or per
cent per annum until paid, TO provide
funds for the purpose of defraying the
expenses and costs of paving Water
street from Pike street to Franklin
street; Main Cross street from Pike
street to Kentucky Normal College;
Jefferson street from Pike street te
Powhattan street; Lady Washington
street from Pike street to Powhattar
street; Perry street from Water street
to Lady Washington street; MAR
street from Water street to Lady
Washington street; Madison street
from Water street to west corner OF
q. W. Atkersons property; Franklin
street from Water street to Boor
street; Lock avenue from the south
side of Branham property to Pike
street; Pike street from Lock avenue
to Main Cross street and Powhattar
street from Pocahontus street to Lady
Washington street.
Said election shall be held in thu
manner provided by law, at the sans
time and place, and in the same man.
n L.. H.. al nffIaaEf
as the regular election In November
1919, and the result thereof shall b.
ascertained and certified in the man,
ner provided by law. All persons quail
| flied under the constitution and law
of kentucky to vote at said regula
election in the city of Louisa shall b.
qualified to vote on the question of in
curing said indebtedness.
Section 2. II at said election, two
thirds of the qualified voters Of tn
city Of Louisa. voting on said ques
ton, shall vote in favor of incurrinI
said Indebtedness, the City Council o
the city of Louisa shall provide by or
dinance, and shall provide for the lev.
and collection of an annual tax off 0
the owners of the lands, fronting ant
AUDITING the proposed paving herein
before designated, each lot or portion
of lot being separately assessed for tn
full value thereof, in proportion to tn
frontage thereof to the entire length o
the whole improvement, sufficient {
cover the total expense OF the work
but In no event shall the total ex
pense to any citizen or property hold
er exceed fifty percentum Of the valu
of the ground after such improvement
is made, excluding the value of build
1 ings and other improvements upon tn
property SO improved. The City Coun
ell shall by ordinance direct the pay
ing OF the streets of the city OF Lou
lisa with either vitrified blocks, brick
cement or asphalt as the City Coun
ell may deem best, IL this bond issu
shall carry at said election. and shal