The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-09-02

Escambia River, $3.50, 900. 90 and the Gul
.ach Highway, beginning at Tom Har.
RS store on the County concrete road
between Bayou Chico and Bayou Grande
and terminating on the Gulf Beach neal
the head Of Grande Lagoon. $500, 900 90 Z
lnclude the necessary bridges and cul
xerts on the above named highways
rms amount of S150,000 90 Allotted to tbs
Ferry Pass road TO be used if the State
Road Department shall within four years
construct the bridge across Escarnbia
River at or near Ferry Pass as nov
proposed by that body otherwise This
s1ou,ooV.OO shaH be equally divided be-
tween and used for construction Of the
Pensacola Flomaton, and the Pensacola.
Nunez Ferry roads
. ). 1t is therefore, resolved by this
Board that for the purpose of procuring
the necessary funds with which to con-
struct the said roads, bridges and Gull
Yerts it is deemed expedient and neces-
sary to issue Two Million Dollars, thirty
years. interest bearing coupon bonds OF
Escambia County, Florida.
4. It is further resolved that Escam-
bia County bonds to the amount OF tWe
purposes, if voted in the election to be
held as hereinafter provided for, shan
be issued in such amounts, and from
time to time, as the Board of County
the purpose Of securing funds TO carry
on the work of building said roads and
bridges as mentioned, and all of said
bonds shall be dated as of the time when
the first installment of said bonds are
issued as aforesaid, by the County Com
missioners.
s. Interet on said bonds shall be at
the rate of not more than six per cent
per annum, payable semi annually.
6. The principal and interest of said
bonds shall be made payable at some
", Florida, or at some bank or banks
in The City of New York or Chicago. or
as. may be fixed by the County Com
I. That said bonds shall be of the de-
nomination Of One Thousand Dollars each
and numbered consecutiyely, commenc-
ing with number one; that said bonds
shall provide that the trustees of some
shall have the right to call in and retire
in serial order commencing with number
one, siXty-five of said bonds annually,
commencing one year after date of is
sue, and seventy-five Of said bonds an
nually commencing with the twenty
sixth year after issue. H.
s. Be it further resolved that IN oF1 t
to determine whether County bonds Ior
Two Million Dollars shall issue LOT t le
purpose as hereinbefore set torth; Ile
BOARD of County Commissioners OF Es-
Gambia County, Florida, deslgnateS dnE
appoints Wednesday, the 18TH DAY sep
+ernber. A d. 1920, as the day Ior the
holding of an election in EscamDla Soun-
49, FLORIDA TO determine whether bonds
70 the amount of Two Million IoldI ,
shall be issued for the purpose OF COZ
struction paved or other haru SUI il.i - -,
highways, together with the necesse[y
bridges and culverts within the limits oI
Escanbia County. upon the deslgnateu
roads as hereinbefore PROVIDED LOT. ;a
And he IL further resolved that at sa t
.elarTion SO to be held on Wednesday t he
29th day of September, A. ". ~. L5aV' ,o ny
question shall be submitted 70 the ie ti"
voters Of the County OF E sssad. the form
If the ballot to be used in such election
shall be as follows. -, -,
Especial Election. EscampIa , SUSh r. ~
Florida. September 29th, A: D. lyzo, 10
determine whether $1,000 10000 EScaI9- :
bia County, Florida, thirty year bonus
with interest at not more IndH slA pcL
cent Der annum shall be issued Tor the
purpose of constructing paved, or oIneI
hard surfaced highways Wlthln me
Limits of Escambia County, tioI Iua' 10
gether with the necessary cuINeILs an ~
Bridges on such roads, the highways 70
be so paved or hard surfaced etc,
the State Constitutional amendInent pro
viding for $4,000, 10000 state bond lss o5e
shall carry in the General ElectIoh A'%O
to be the Pensacola Flomaton Roao'
County Road from the Pensacola,FI oIna-
ton Road near Moline striking the 6Ine
Barren Atmore County Road at the lees
Old Field, thence on the Pine BarT rem
Atmore road to the Florida Alabama line
near Atmore; The Pensacola-Ferry Fass
Road ending at the the p1o, sue and 4 Nh
nez Ferry Road ending at Nunez feTfy'
and the Gulf Beach Highway, peglh-
ming on the concrete road at rom liar mar
ris' store and ending on the Gun beaCI
at the head Of the Grande Lagoon. II
the State Constitutional amendment pro-
viding for $40, 900, 10000 State bond issue
does not carry, then this 100000
bond issue to be applied, to constructing
paved or hard surfaced roads on the
above named roads, except the proposed
road from Moline to Atmore.
For BONDS Against Bonds.
Be it further resolved that such cleo
tion shall be held at the several placs
in the several precincts Of said County
where the last General Election was held,
to-wit: - ,,.-