Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-08-30
So 900 HIGH SCHOOL.

-Cl1pNLUE tTacES - CIE ~ LEltfSVI a4LS
placed on ME Il the ofice Of the City
Clerk
So 900 HIGH SCHOOL.
ORDERED. That the order passed
by the CITY Council July =. 1920. au-
thorIZlnE the issue Of serial coupon
bonds Il the sum OF SIS. coo for the
purpose Of financing n part the con-
structiun Of a new nigh school build
ing and providing that said bonds bear
the lowest rate Of interest that VIII
insure their sale al par value. ana N
such denominations ana with such
dates 81 expiration as Will seem best
suited Tor the sale OF said bonds and
for The interest q the City, be amend
ed 70 read as follows.
ORDERED, That for he purpose Of
paving or refunaing indeot edness in
cured Ter the construction Of d new
hlgh scnooi building, the Mayor. and
the City Treasurer be and they are
hereby aut horned TO prepare. ISSUE and
ell bonds OF the City II the aggregate
principal mount Of $4,000. dated DC
first day Of October IN each If the
wears 1928 70 1929 lnclusi i've and $4,000
an ne tirSt day If October $3.50 said
bonoS shall be IN coupon form shall
Nbe denomtnated on face High School
Additional Loan. snail bear interest
al the rate If - per cent. per annurn.
payable sernl-annuaIly, shall be pay
able both as TO principal and interest,"
al The First National Bank Of Boston
IN Boston. Massachusetts. shall bear
the certificate Of said bank. snail be
signed by the CITY T-eas l1re- ana
countersi gued by the Mayor and one
Alderman and shall hear the CITY seal
The coupons annexed shall bear the
fac-simile signature Of the treasurer
SAID bonds snail not be sold at less
-han par. Other particulars as 70 the
form issuance and sale Of said bonds
shall ne determined by the City Treas
urer.
and that said order as thus amended
and all acts done or performed under
authority thereof be and the same
hereby are ratified. confirmed and APP
proved.
ORDERED: That under AUTHORITY Of
and in compliance with vote Of city
duly passed al The Special Election If
April 3. 1917. whereby the CITY Coun-
eli was authorized TO issue twenty
wear bonds OF the civ Of Gardner 10
the amount OF $50. GOO. 20 build A new
nigh school building on the Williamson
and Turner lots on Pleasant and
school Streets the nlace for said
building being satisfactory to the
city Council. and 70 the Committee Of
I'VE representing The citizens who have
pledgel the sum Of $50 06O additional.
ms. CITY Council hereby authorizes the
Mavor and City Treasurer. for the pur-
pose Of paying OF refunding indebted
ness incurred on account If sald school.
TO prepare issue ana sell bonds IN the
amount Of $50. 600 dated C'ctoner first
1920. due October first. 1890 and hear
ing interest al the rate Of u per cent e..
rer anuum. payable Serni-anuuallv
SAID bonds snail he in coupon form
shall be denomlnated on face High
school Loan shall be signed nv the
city Treasurer and countersiEned nv
the Mavor and one Alderman. shall
bear the City seal ana the certificate
Of the FIRST National Bank of Boston.
Massachusetts shall be pavable both
AS 10 principal and interest al said
bank and snail ne sold al not less
than par The coupons annexed shall
bear the facsi male signature IF the
city Treas urer. Other part Cuiars If
the form. ISSUANCE and sale OF said
bonds shall ne determined IN the Cifv
Treasurer. And i Is further ordered
that a sinking fund for the purpose OF
setting apart certain sum annually
TO provide for the payments Of the SAID
bonds upon maturity shall ne and j.
hereby created. The sum OF $500 Do
{ hall be set apart each and every wear
beginning with the year 1891 and IN
til maturity Of the said bonds said
sum TO ne deposited in the Maine Trust
and Banking COMPANY and all interest
accruinE shall he allowed TO accurnu-
late IN said fund
Attest. FRED z MII.LIKTN
Seall CITY CLERK
aUgeS-3e