The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1920-04-07
BOND ORDINANCE

An Ordinance In Regard To lhe
City Of Abbeville Issuing Coupon
Bonds. For The Purpose Of I'm
Proving Streets and Sidewalks In
Said City, And To Fix The Time
Place and Manner of Election BY
The Voters OF Said City On The
Question Of Issuing Coupon Bonds
Whereas, majority of the free
holders of the City of Abbevllle'
South Carolina, in the County OF
Abbeville, as shown by the tax
hooks of said City of Abbevllle,
have petitioned the City Council OF
Abbeville to order an election on the
question of voting coupon bonds IN
the sum of not exceeding ninety
thousand dollars for the purpose OF
improving streets and sidewalks, the
said bonds to bear interest at not
more than the rate of five and one
half per centum per annum, pay
able semi-annually and in such de-
nominations and for such length of
time as the said City Council shall
deem advisable and designate by
roper ordinance.
Now therefore.
Be It Ordained by the City Coun-
il of the City of Abbeville and by
uthority of same;
That an election be held in the
City of Abbeville, South Carolina
on the 9th day of April 1920, the
same being Tuesday between hours
of eight o'clock in the morning and
four o'clock in the evening, in the
Office of the City Council wherein
the Mayor holds his Court, in the
CITY Hall of said City of Abbeville,
upon the question of issuing coupon
bonds of the City of Abbeville in the
um of not exceeding ninety thou
and dollars; said bonds to bear in
crest at not more than the rate of
five and one half per cent per an
mum payable semi-annually and be
in such denominations and for
such length of time as the said City
Council shall deem advisable and
designate by proper ordinance, said
bonds to be so issued for the pur-
pose of improving the Streets and
Sidewalks of the said City of Abbe-
willie, at which election all qualified
registered electors shall be entitled
to vote. At said election, those fav-
oring the issue of said bonds shall
vote a ticket on which shall be writ
ten or printed the following words:
Shall the City of Abbeville issue
coupon bonds in the sum Of not
exceeding ninety thousand dol
lars, said bonds to bear interest
at not more than the rate of five
and one half per centum per an
mum, payable semi-annually and
in such denominations and for
such length of time as the said
City Council shall deem advisable
and designate by proper ordi-
nance, for the purpose of improv-
ing the Streets and Sidewalks in
the City of Abbeville? Yes"
Those opposing the issue of said
bonds shall vote similar ticket, ex-
cept the answer or word "No" shall
take the place of the answer or
word Eyes"
The books of Registration shall be
opened by the Supervisor of Regis
ration Of said City, at his office in
the said City, at the City Hall on the
7th day of April 1920, and shall be
kept open for the registration of
qualified electors for said City for a
period of ten days as required by
aw.
That said election shall be con-
Quoted in all respects according to
aw, and every person qualified by
aw shall be entitled to vote there
n. Should any Manager of same
erein after appointed be disquali-
led. or for any reason be unable
unwilling to serve. the Mavor