Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-11-24


q the sum of ,dfteeH million iOut db, 600 coc,
hundred hun and nifty thoysSnd seven hundred
$h day 81 June 9HSH'1 is th5 hfp'5Syfa 0Tgnaaes Sss
Of June 20, 1910, the said fifteen million
dollars to be used toward the erection
the Free Library OF. Philadelphia; TO pay
DAMAGES for the heretofore authorized
opening, widening and changing OF grade
Of streets. construction OF sewers. con-
demnation OF parks and other purposes;
South Philadelphia; toward the acquisition
OF and payment for property. erection
and sewerage system of FrGnkford creek
area; toward the acquisition Of property
for property heretofore taken and to be
taken for Fairmount and other parks:
sewers ma" n SdT aSG
Packer streets; .construcion OF branch
streets; Improvement of country roads;
paving intersectons; improvement of the
a ho South Rr Broad Street
nan PIsTa Lsague Island Psr s1d GOyrns
Convention Hall; toward acquisition OF
land, erection and construction and equip
and Nurses Home and other buildings
under p,,,, the sspperryision OF ne Department.
the, the ,eTso,,ion , rp q an XTt Museum, - s,'.
c,,s section ~ n, IS The SeIsGt and SGmmon coun-
That ,he Mayor, city s9iicItor "a and Dsi; City
Controller, or any two, Of them, be and they
times and in such pToportlons as as n their
judgment nth the best interests Of the CITY do
BY advertiFement at not less than par, on
the faith and credit OF the city Of Phila-
gt gate shall not exceed fifteen million f5,-
o9o 700 o9oo dollars being the unissued portion
and ATTY thoussndT seven "tl10 hundred rTu % and
nine, !42d50, 7o0 dollars ''l provided pr
Of June, 1915 this Ordinance supplementins
the ~ said ORDINANCE Of June 20. 1915; the said
of this Ordnace.
Sec. ., The money raised by the loan or
Ordinance shall be used for the Following
purposes, to wit: Toward the erection and
Free Ib%ry OF Of Phndephs @ wo os es
four hundred and fifty thousand (2,450, O00)
changing OF grade of streets. construction Of
and other pnrposes hfoaP % fGoPeth 0T I
OOO) dollars; toward the removal of grade
' hsnded %fe fTSn R6usaad nd oSS" doaTs Gp
sewerage, system of Franktord creek area,
thousand q, 4s8, ooo5 doars; u toward e't%s the
acquisition Of and payment for property
fifteen thousand Q5 OO0) dollars; TO pay for
property heretofore taken and to be taken
four thousand "a, OoOJ dollars; C, Construction
Of main sewers, four hundred thousand
sewers in BiGler and Packer streets, four
hundred thousand 400, 900 dollars, aud in
Venango street, forty thousand (4O .OOOl dol
thousand $50 000) dollars construction OF
bridges, FIVE hundred thousand 900, ooO) doll
larsi grading streets, twenty-four thousand
GA OOO) dollars: Improvement Of country
paving intersections, twenty-eight thousand
$1,000 dollars: Improvement of the fol-
Holme and Progressing avenues, one hundred
and sixty thousand 160 000) dollars; for the
Street Boulevard, Plaza, League Island Park
twenty TIVE thousand t62o, ,oooj doliars: toward
plemcnting money borrowed under an Ordl-
snS doans the sRH
of land, erection, construetlon and equip
Nurses urs s Home lon and % the other BUILDINGS Under
the supervision and direction of the De-
%p hundred Cd o6oS doar to-
ward the erection Of an Art Museum. one
Sec 3. Interest on the said loan at a rate
not exceeding four and one.half Hh) per
per nn shall be paid pa by rnf tse Gs
Of Of the months OF January and July 3H at Gt the
shall be in the usual form in such amounts
the @ daqs Tfaqre n m tse
in registered or coupon FORMS and 1t shall
be expressed in the said certificates that the
loan therein mentioned is payable In thirty
years after date thereof, and that the prn-
cpal and interest on said loan are payable
in lawful money of the United States. free
| from all taxes.
Sec. 4. Whenever any loan shall be
created by virtue Of this Ordinance, there Is.
levied of six and one-half (6h) per centum
on the par value Of such certificates so
cipal, of such loan within thirty years. and
there Is hereby annually appropriated to the
the taxes so collected, a sum sufficient to
pay the interest on said loan, also the prin-
| cipal thereof within thirty years and as
the same becomes payable. The appropria-
ton for the interest to be paid semiannually.
and for the Sinking Fund quarterly to the
| .aId commissioners.