Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-05

To authorize the creation Of loan Or loans loans
IN the sum OF fifteen million C5, 600, OoO)
dollars being the unlssued portion Of =
hundred and nftv thourand seven hundred
and ninoty-seven 42. 45o,To7) dollars. pro
yy!ded Tor by an ordinance approved the
being supplem mrntary 20 the said Ordinance
ot June 80. 1916. the said fifteen million
dollars TO be- used toward the erection
and ,ronstructlon Of the main building OF
s nr Tree Library o. Ihilsdelphia; TO Rsg
p.enlng. widening aud changing or grade
9t streets. CONSTRUCTION OF sewers. con-
toward the removal Of grade crossings in
South philadelphia; toward the acqulsiton
AND CONSTRUCTION Of sewage 'disposa plants
ana sewerage system Of Franltiord creek
and Improvement OF the Parkway: to pay
Tor nropcrtv heretofore taken and 20 be
construction OF main sewers construction
~ main sewers In Ncnarso, B,EIer arg
paeker streets; constructie9 Of nHiSn 6raniSs
streets: irproy "mpnt OF country roads:
paving ipters"ctions improvement o. IN, me
,H op f9r Ao urs9er y imRoSTsFd
Plaza League island Park and Govern.
oonnyen,ionn Tn inuF iEar. G"H towarJ T acquisition Of
land. erection a-d construction end caup,
ard Nurses Homo and other buildings
undcr The yYgpGryis,on o; ,he bepar,rnerdI ,oysrd
f Fl. PqSG H?l4 SF @ rt 2ra ,ussGm 2Sa'' 'o~'
section l. The select ana Common Coqm- },,
Ills Of NE city Of ,nhiadepnia do Grdaih; Sit,.
.ontrollcr. or any .wo OF thon, be and they
nrc hor"by authorized e borrow a. sucn .
mand from the highest bidder. or bidders,
~ advertisement, Ct not lcss than p9ri ri, ON ON
deiphie, sum or surs whic', In the asFre-
gate shall rot cycced hrtc"n, million 90
az loan aG"S Of IHG Sn on SSr hgndTed
g.ncr-sayen O.. $50, 7o7) dollars provided
of June 1919. this Ordinancr suTpomenting
t.,e said Ordinance o. Juno 90, 1916: the said
fttcrn milton - OnD,U dollars to he eX
pended az provided for in IN" second section
,, Sec, 2 Th,, rg!o9,rry. ra-..ed by oan or
purposes. to wit. Toward The erection and
Free Libra r. Of PhliadeIphia Two million
four hundred aud hfty thousands G. $50. 60oj
dollars; to pay for damages for the here
chanaing of ersdc Of stras;s, conStruction Of
and other purposes. thirty-fuur thousa nd tsi.-
OoOl Iollars. toTard nc nc rcmrqoral OF grade
tract dated M,rch as. ioi4. seven 9s " miiIon H5i
ak hundred thousand $500 Ooo) dollars:
construction OF sewage dlsnosal plants and
beverage system OF Fgankford c-crli area,
thousand 1 q l8s. Ooo5 dollars; toward a 'j The
acquisition % and pavment Tor property
y
rTtc@n ,nousand uj.6O0j dollars; to pay for
propCcty, herctofore, takcn nnd 70 he taken
four thousand CT4Oooj dollars: C, constructiar
ioo q main main sewers four hundred thousap'd
gay.crg in R!rIer and Packer strcets. tour
hundred thousand 400, O0O) dollars. and in
v"nn1gc street forty thousand tic.0ool, dol
Thousand i8O. 0OOl dollars: construction OF
bridges GEe hundred thousand t5oO.0Ool do;
lars; grading streets twenty-four, thousand
t24 OOO) dollars: imnrONemcnt Of country
roads, sixty-scy.u thousand t67. 900 dolarH;
f2s. 0OOl dollars; Improvement OF the fol-
lowing branches Of the Foulevard; Bensalem;
and sixty thousand udO. tOo0) dollars; for the
further improvemGnt Of the South ,Eroad
and Go""rnment "Iit avenue. fivo hundred and
twenty thousand t520. 001l dollars. towa I'd
plementimg money Lorr9wcd arder an ordi-
nance aprroyed June ~ 1911 twsntT th1n, IN,
send dollars teTarf the aT aSqus2n sp
ment OF the PhiIa dslphia General Hospital.
Nurses Home and t.e qrner 6udngT M ;S un6sr der
q Pa6ie Hssth J1 ooS7 spd aosrr GhSrI'fs fs
ion wnTG M 4 cGS S5eGl%N ooo' doar. 10 ar " ' '
Sec. 2. Interest on the said loan * a rate
aentynl nc- a0uum sl;ali be paid by the CITY
N Philade lDhia haif yearly. or the first days
Of Ia thc Of Gpths fh Ses St sEsncy Of the city OF
PhiladoiphIa Certificates OF the said loan
shan be n the Man"i ir i@rIr: IN IN '&uSn & ,Io
one hurdred (lUO) dollars and Its multples.
IN registered or COUPON, forms and i shall
he expressed IN the said certificates that the
loan therein mentioned is payable IN thirty
years after date thereof and that the prln-
Cipal and interest on said loan are payable
in lawful money ot the United states. free
sec whenever any loan shall be
orsated by virtue Of this ordinance. there is,
by force Of this Ordnance, an sUnual tax
levied Of 81" and one.hsf g6's psr centum
on value of such certificates
issued TO Dar the interest also the prln-
cipal OF such loan within thirty Years. and
there IL thereby annually approPrlat@d to the
The taxes so collected, sum sufficient to
pay the interest on said loan. also the prin-
clpal thereof within thirty years and as
1 he sane becomes payable The approDria-
lion for the interest to he pa hi senannuallA. .
and for the sinking Fund quarterly to the