Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-12-01
ORDINANCES

Sr TSs @cTsss,cn ysssiSs r". s
mount Park, TYenty-ninth street Henry sv:-
arsh EsSls isc; poea.t 60 eses,e ,ss.s sn3
chesnut street" which reads as follows
per snnun :lsai ss paid y tss ~ q PhIs.
months q January and G }siy f % de is' ctrs,
ths nscs aEegcy t OF ,hs city Q, yhi,adsphs
reS"r tS n ,S seos r 3, rs hs
coupon forms, and II shall be expressed in
the fsS Ss Sss:S thH, ne gss hsn
date thereof ana that the 2 princpsi peI and % ia.
%6nsy OF Of I'D Ss tnsd % sys Re. y JS aw
taxes"
be, and the gane Is hereby amended 80 az
! Sect. 2 Interest on said loan at q rate
rot exceeding nvc and ons-half tsn) per
Sf SfHS sss Rs n BY 4.s ns Sa,. Ss
Of t the G ons' ,ss Of oas5sv and ySy 'S;
shall be IN the ususi form. In euch amounts
ssnsred sns 'TG ars 1rsdTS "Sd Il r. the H q ops s
cSEs, 2, S2SSpcn ,,s ,orms nd ;hn Ss
years after date ther.nf, and that the prin-
'i snh c o. E" the sSH unts ss s'fs ~:
from all taxes"
ssS' b,c5 Thst SECTION ,oo Of tn. said ord-
Sect 8 wh"never any loan shall be ere.
SssS sra ~ SS s'annS:
the sinkins Fund by force hereof Annually
aatSs Ss aS DTSGfSSS' TSS 81 q s asg % &.
work for which such loan shall ~ created
q work OF Of oorsructon. s sum snicent 10 pn1
the ins,allnents DIE the ankns fund and
years Of the principal Of such loan And
there Is further hereby Hppropristed am
FS' Funs out o. o. thc said pTocssdS d1rns @ nes snns
period OF construction. and one year there
s sS "sS .g'is TnS ss !.I e the .i:T
ers Of tho Sinking Fund. with the assent OF
ana s dire directed to Il. dsduet and TS'OrsSs set ssss
such sum or. aurrs out Of the proceeds OF
sH,srt nf % tor the forssoins purposss ,'d Ana Ana
aftsr the iapss iap,s Of & one year year from the com
Is hereby levied an annual tax n nve ana
Hnsha '% Gsrps s.ltca9Ss es. :onq OF q:
Sy Sar 'si %,s TS @ S @ sTfnsRs , e sss. ss.
uS.H Il" sntlnT Fund out of Inc ss1 20 Issi.d o
I"T S"n. Sso the pfnspa sSercof within S siss ss
i5Oi wears and az the same becomes payabls;
sP%rSRrG anG Tor he he snS funS quar-. pse
teriy to the said Commissioners.
be. ana The same Is hereby amended so as
sect T. Whenever, any. loan shall be
ny Ol tnrTs ~
the sinking Fund by force hereof annually
out OF the proceeds Of such loan as issued.
during the period Of construction OF the work
for which such loan shrr be created and
one year after the completion Of said work
OF construction a sum sufficient TO pay the
installnerts due the sinking Fund and re
uuired for the discharge within fifty GO
years OF the principal Of such iosn And
there fs further hereby appropristed an
nuaily 10 the Commissioners of the SINKING
Fund out Of the said proceeds. during sucf
period OF const ruction and one year there
after, an amount sufficient to nay the In
terest on said loan, And the said Commits
Of the City Controller. are hereby authorized
and directed to Ak. deduct and set aside sucf
sum or sums out OF tho proceeds OF the loan
80 issued az may be required and sufficient
for the foregoing purposes. And after IN.
lapse Of wear from the completion q
said work OF construction there IL hereb,
levied an annual tax OF siS and oue-hai
tfhl per certurn per snnum the paI
value Of the certificates 10 issued 10 pal
the int rest. also the principal. OF such LOAF
within nifty (5O) years from the date OF issu,
! thereof And there II hereby annually ap
propriated to the Commissioners Of the Sink
ing Fund out OF the tax 30 levied a sum suf
hcient to pay the interest on said loan. ais
and the same becomes payable: the ar
preparation for the interest TO be IA ID semi
annually and for the Sinking Fund auaY
terly to the sad omnts.ioners' -
Approysd tn. 18th day OF November A. q
N 1920.
tNn 224) Mayor OF Philadelphia.