The Winslow mail., 1920-07-09
Thirty Thousand (sso,ooo) Dollars

Thirty Thousand ($30,O0O) dollars.
which said sum is not in excess of
four per cent of taxable property in
said Town, the proceeds thereof to be
used as aforesaid for the purpose of
purchasing and acquiring Of the Gas
Plant, its equipment. distributing sys-
tenn and franchise in connection
Herewith now owned by the Winslow
Gas, Light and Heat Company, cor
poration, to supply said Town with
gas for the purpose of light and heat,
said plant to be owned and controlled
| by said town.
Sect. 4. That said special election
shall be held at the regular voting
place within the Town of Winslow
to-wit: the City Hall. and shall be
conducted by such election officers
as shall hereafter be appointed by
Resolution of the Common Council of
said Town, and shall be conducted in
1.-THE manner prescribed by law, and
1.-THE vote shall be counted. canvassed
land returned and the result ascer-
ltained as provided by law. The form
of the proposition so to be submitted
shall be as follows:
Shall the indebtedness of said Town
(of Winslow be incurred by the issu-
lance of bonds of said Town of Win
Islow, the proceeds of the sale thereof
Ito be used for the purpose of purchas-
ing and acquiring the Gas plant, its
equipment and distributing system
and franchise in connection there
with, now owned by the Winslow Gas
Light and Heat Company, a corpora
tion. and to provide a reserve fund
for the Improvement and maintenance
OF said plant; to supply said town
with gas for the purpose of light. and
heat. which said plant is to be owned
and controlled by said Town
said bonds to be in the aggregate sum
of Thirty Thousand ($30.0O0) Dollars
to be in denominations of One Thou
sand dollars and shall be due and
payable ten (10) of said bonds ten
years after date, ten (10) of said
bonds shall be due and payable fif-
teen years after date, and ten (1O) OF
said bonds shall be due and payable
twenty years after date. to bear the
date OF issuance until paid at the rate
Of six per cent per annum. payable
semi-annually on the first days of
July and January, respectively OF
each year, to be numbered consecu-
lively from one to thirty, inclusive
to be signed and attested by the Ma
yor and Town Clerk, to be payable to
bearer and coupons for the interest
to be attached to each of said bonds
so that same may be removed there
from without mutilating the bonds
and each OF said coupons to bear a
facsimile Of the signature of the Ma
yor and Town Clerk, as said sigma
lures appear on said bonds.
Sect. v. Immediately following
said proposition so to be submitted
to the property taxpayers Of said
Town, who shall be in all other res
poets qualified electors in said Town
there shall be printed on the ballot
to be used at said election. the words
"yes" and mo" printed in such man
ner that said qualified electors in
said Town may clearly express their
approval or disapproval of the pro-
position so to be submitted, by plac-
ing cross or mark (X) in the square
opposite the word on his ballot ex-
pressing their choice, said ballots to
be furnished by the Town Clerk to
the judges OF election and to be by
him furnished to the voters at said
election.
All Ordinances or parts of Ordi-
nances or resolutions in conflict with
this Ordinance are hereby repealed.
Passed by the Mayor and Common
Council this 18th day of June, 1920.
GEORGE c. CREsWELL, Mayor.
Attest:
A. S. Brayman. Town Clerk.
IN THE SUPERIOR COURT OF THE