The labor world. [volume] (Duluth, Minn.) 1896-current, 1920-06-19
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slI cas9s:: PUB vi ellnx| 1
legal and offici: -J
Sec: e: This ora. +
feet and be in fore y
the adoption thereof Inited
the City. of Duluth. nn;le
PROPOSED oRD1 rp ths
For submission to the tns
tors of the City Of DulutlIJe
An ordinance proyidir.a
issuance and sale Of $3.50"
bonds Of the City Of Dulut.
purpose OF acquiring. pur>
e %.S,Est nr M and sauipp,nE
The City of Duluth Does Ordzi,
Section l.. The City Of Duluth
hereby authorize and direct the
Seee % 9i So9af IN the eoapona eta ct
drawing interest at the rate Of fiv4
. cent (5%) per annusn payable
. annually on the first days Of jan
En-: sRsree9 to Il b. en MADE paysbs 5ulS
1915. both principal and interest t.
paid in gold coin Of the United ST.
Of America of the present standard
MslEt *nS finsnesS t9e bAmsfie
New York. the proceeds thereon to-
used for the purpose Of acquiring. p,
chasing. constructing and equlppln:
Of Duluth.
Sec. ?. That said bonds are to !
signed by the Mayor, attested by t
City Clerk and countersiEned by tn,
City Auditor Of the City of Duluth NJ
c eis e se sat thu shs to
interest coupons attached Ito sucf
bonds may be lithoEraphed thereon:
such bonds shall: be sold with accrue.
interest to the highest responsible bid
der or bidders for cash.
Sec: 3. Said bonds shall be sold j..
such manner and in such proportion O.
the whole amount authorized by thi!
ordinance. and at such times and i.
such form az may AZ. be dstern1i IN by e.
Of Duluth. Said bonds to be q: specifi,
lien upon the market or markets &C.
CURED from the proceeds Of said bont
issue.
SEE. 4. This ordinance shall take Ct
feet and be in force. from and after tht
adoption thereof by the electors Of tn
City Of Duluth.
p PROPOSED opposed ORDINANCE; p" 49,
tors 0e Of ehs citS Of e Da1st
issuance ana SALE Of $500, 900 Of
bonds of the City Of Duluth for the
pr M IL e strest r:
way lines Of the Duluth Street
Railway Company within the City
OF Duluth. together with the roll
ing stock and equipment. pertain
The City Of Duluth Does ord4in:
Section l: The City OF Duluth doe
hereby authorize and direct the issu
600 with interest coupons attached
drawing 1nterest at the rate Of. r.
per cent per annum, payable semi =
July Of each year-the principal Il
Of to be made payable July 1st;S 81
both PRINCIPAL and interest to be ri
in Kold coin Of the United States Is
weight and fineness: At tho Amesics,
Exchange National Bank Of tie:fCit,
Of New York. the proceeds thereof t,
to be- used for the purpose of Acquiii
street railway lines Of The puluti
Street. Railway Company within thj
City Of Duluth. .together with the roll
inE stock and equipment *pertaininl
Sc: :. Said bond. are to b. siEne'
Clerk and countersiEned, by the Git;
Auditor Of the City OF Duluth and shall
except that the signature to the inter
may BE- iithoxraphed thereon: eucl
.ses sder
Sec. 3. Said bonds shall be sold. I,
Sucn: manner ana. IN such -proportie'
OF the whole amount autho rized by TIA !
ordinance and at such times and il
such form a. may be Determined BY Re
Of Duluth. Said bonds to- be a specifi.
lien upon the street railway system
rolling stock and equipment to be &C
auired with the proceeds. Of said bon;
issue. -. (
Sec. 4. This ordinance shall TAX
effect and be in force from and a>t1e
the adoption thereof Nv tha- aaar% nr
Of the City Of Duluth y:
The voters of the; City Of Duluth, Ar
furth err notified that the polling p1a9e
in the several districts Of. the City 1c
Duluth will be open on Monday. Judi
T. 1920. and 18th, 1920, for the purpael
Of registration from s A. M: until y
M.and on Monday. June 21st: 1890. I'd
the purpose Of election from. A. II
F. d: ASH;
-: -. .-.: City. Clerk.
The Labor World. May is. -, 20
June 5. IL and -.