Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1921-05-12
CHAPTER 396
PRIVATE ACTS, 1891.
SENATE BILL NO. $40


(Overton)
An ACT to validate the Issuance OF
One Hundred Thousand Dollars OF
bonds, issued by Cookevillc, Tennes'
see, for the purpose of procuring
water and lights for said Municipali-
ty.
Whereas, Coolaeville,, Tennessee
was authorized by Chapter s34 of the
Acts of the Extraordinary Session for
the year 1920, of the General Assem-
bly, of the State of Tennessee, 10 is
sue One Hundred Thousand Dollars
of per cent interest bearing bonds,
with semi-annual interest coupons
attached, for the purpose of estab-
fishing and equipping an electric light
plant, transmission lines, buying
rights fways, acquiring real estate,
and all purposes incident and neces-
sary to procuring electricity for
Cooleville, Tennessee, and also for
the purpose of establishing water
works system and equipping same;
provided, said bonds may be issued
for either or both of said purposes;
And Whereas, said bonds are to be
known as "Cookeville, Tennessee
Water and Light Bonds, and said
bonds were not to be issued by
Cookeville, Tennessee, W thout the
passage of an ordinance by the Com
missioners of Cookeville, Tennessee,
specifying the purpose for which said
bonds are to be issued and directing
an election to be held for the quail
fed voters of Cookeville, Tennessee,
to vote for and against the issuance
Of said bonds, and providing that in
the event majority of said voters
voting in said election voc for the is
suance of said bonds, the same shall
be accordingly issued;
And, Whereas, the Commissioners
of Cooheville, Tennessee did pass an
ordinance, on September IS, 1920, be-
ing Ordinance No. 125 of Cookeville,
Tennessee, directing the Election
Commissioners for Putnam County to
call an election on the Both day or
September, 1920, for the voters of
Cookeville, Tennessee, to vote for or
against the issuance Of One Hundred
Thousand Dollars of bonds to be is
sued in denominations of $500 or
$1,000, redeemable a tsuch time as
may be prescribed by corporate or
dinance, for light and water purpos-
es, and directing that tickets be pre-
pared of White Paper, seven inches
long and three inches wide, and have
printed On them For the issuance
Of Bonds" and "Again5t the issu-
ance of Bonds" to be used by the
voters, in said election of.said Cooke
Vile, Tennessee;
And, Whereas, on September Is,
1920 the Election Commissioners for
Putnam county, Tennessee, did issue
4 call for an election to be held at
the Courthouse at Cookeville, Ten
1essee, between lawful hours, for the
qualified voters of Cookeville, Ten
lessee, to vsle for or against the is
'uance of bonds, not to exceed One
Thousand Dollars, as au-
horized by Chapter "a of the Acts
: the Extraordinary Session of the
General Assembly of the State of
Tennessee for the year 2190, and in
with ordinance 1875 of
,ookeville Tennessee, and in compli.
nee of law vested in the Election
generally and stating
a said call the purpose Of said bonds
nd designating officers to held said
lection;
And. Whereas, the said call was
ublished in the Putnam County
[erald, newspaper published in
ookeville on the 23rd day of Sep
smber, 1920, being the only publica.
on that was made Of said Election }
all; q
And, Whereas, Two Hundred and q
light (208) votes were cast in said
'lectiont one hundred and ninety I
,ur votes being for the issuance of !
onds and fourteen (14) votes being !
sainst the issuance Of bonds; and r
le result of, said election was duly t
,rtifed on October 4. 1920. to the .
Of Cookeville, Tennessee a
' said Election Commissioners.
And, Whreas, the Commissioners '
Cookeville, Tennessee, passed Or I
nance No. 131, Authorizing the N
of Cookeville, Tennes- a
70 to issue bonds of Cookeville, o
ennessee, to be signed by the May II
and countersigned by the City n
ERIK, with seni-annual interest bear
g coupons attached, which coupons A
Iah be signed by the City Clerk Of c
id municipality. in an amount not a
exceed One Hundred Thousand a
ollars ($1Oo;ooo.oo) and providing a
at said bonds shall De In denomi- t,
ltions OF One Thousand Dollars t.
ch and bearing interest at the rate p
six per cent per annum, and be