Fort Mill times. [volume] (Fort Mill, S.C.) 1892-current, 1921-05-12

Declarinx the Result Of an Elec-
- tion to Determine Whether the
Towns bf Fort Mill Shonld Issue
} $50, 10000 Of Coupon Bonds for
the Purpose Of Paying for Inn
provements Upon the Streets Of
the Town Of Fort Mill, to Au,
thorixe the Issuance Of Said
Bonds. and to Provide for the
Bonds, and to Proide for the
Payment of the Interest and
Principal Thereof.
Whereas. petitions were fled by
more than a majority of the free
hofdersiof the town Of Fori Mill to
submit to the qualified voters of
seid town the question of issuing
bonds of the town of Fort Mill in
the sum of Thirty Thousand Dol
lars for the purpose of paying ior
improvements upon the streets
thereof; and
Whereas, such election was duly
called and thereafter held on the
10th day of April, 1920, and at
said election more than a majority
OF the qualified electors of said
town voting at said election upon
the question of the issuance Of
said bonds voted in favor thereof.
Now. therefore. be it ordained
by the Mayor and Aldermen of
tie town of Fort Mill. S. c.. in
council assembled, and by author
ity of the same:
Section 1. That the aforesaid
election is hereby declared t, have
resulted in favor of the issuance
of Thirty Thousand Dollars of
bonds OF the town of Fort Mill for
the purpose of paying for improve
ments upon the streets of said
town.
Section 2. That there shall be is
sued negotiable coupon bonds Of
the town of Fort Mill in the
amount of Thirty Thousand Dol
lars, consisting of thirty bonds of
One Thousand Dollars each, and
numbered one to thirty inclusive.
Said bonds shall be dated .Ianu-
ary lst, 1921, and shall bear inter
est at the rate of six per cent per
annum, payable semi-annually on
the first days of January and July
OF each year; said bonds and in
terest shall be payable in any lie.
gal currency of the United States.
and shall mature in annual series
as follows: One Thousand Dol
lars on January first of each year
from 1923 to 1882. inclusive; Two
Thousand Dollars on the first day
OF january of each year from 1933
to 1912, inclusive. The said bonds
shall be numbered in the order Of
the dates of maturity. The form
OF said bonds and coupons shall
be substantially as follows:
UNITED STATES OF AMERICA
STATE OF SOUTH CAROLINA,
COUNTY OF YORK, TOWN
OF FORT MILL.
STREET IMPROVEMENT BOND
KNOW ALL MEN BY THESE
PRESENTS, That the town of
Fort Mill, in the County Of York
and State of South Carolina, is
Justly indebted and promises to
pay to the bearer the first day of
January, -, the principal sum
Of
ONE THOUSAND DOLLARS
with interest thereon. at the rate
OF six co. per centum per annum.
payable July 1st. 1921, and semi
annually thereafter on the lst days
OF January and July of each year,
upon the presentation and surren.
der Of the attached interest cou
pons as they severally become lue.
Both principal and interest of this
bond are payable at the Hanover
National Bank, New York City.
State of New York. For the
prompt payment hereof, both prin-
cipal and interest, as the same
shall become due, the full faith.
credit and resources of said town
are hereby irrevocably pledged.
This bond is one of an issue of
thirty bonds of like date, aggre-
eating Thirty Thousand Dollars.
numbered one to thirty. which
bonds are issued for the purpose
of paying for improvements upon
the streets of said town, under the
authority and in full compliance
with Socfiop QOSn onl onsI g -