Putnam County herald. (Cookeville, Tenn.) 1903-1922, 1921-05-12

ed States of America, State of Ten.
nessee, County of Putnam, Cookeville,
Tennessee, Water and Light Bonds
No. -------, 100000. Know all
men by these presents, that Cooke
vile, Tennessee, in the County OF
Putnam and State of Tennessee, for
value received, hereby acknowledges
itself indebted and promises to pay
to bearer the sum of One Thousand
| ($1,00O.00) Dollars, on the first day
of November, 1910, with interest
thereon at the rate of six (6) per
cent per annum, payable semi-an-
nually on November 1 and May l of
each year Both principal and inte-
rest payable at the Chase National
Bank, New York City or First Nat
ional Bank, Cookeville, Tennessee,
and for the prompt payment of this
bond the full faith, credit and re-
sources of Cookeville, Tennessee, are
hereby irrevocably pledged. "This
bond is issued for water and light
purposes, in conformity with Chapter
81 of the Private Acts of the General
Assembly of the State of Tennessee,
Special Session, 1920, and has been
approved by majority of the quail
fed voters of Cookeville,. Tennessee,
voting at an election duly called and
held for that purpose. 1T is hereby
certified, recited, and declared that
al. Acts, conditions, and things re-
quired to be done, to exist, and to be
performed, precedent to and in the
issuance of this bond, in order to
make this binding obligation and
debt of said Cookeville, Tennessee,
have been done, have existed, and
have performed in regular and due
form, time and manner, as required
by law; that the indebtedness of
said Cooheville, Tennessee, does not
exceed any limitations prescribed by
law; and that provision has been
made for the levy of an annual tax on
all the taxable property in said
Cookeville Tennessee, for the pur-
pose of paying the interest on this
bond as the same becomes due, and
to create a>sinking fund with which
to retire and pay off this bond at ma
turitg. "In witness whereof, the said
Cookeville, Tennessee, by it's Board
of Commissioners, has caused this
bond to bear the signature of it's
mayor and to be countersigned by its
City Clerk, and to bear the impress
of it's official seal, and the interest
coupons hereto attached to bear the
facsimile signature of
it's City Clerk, which officer does, by
the execution hereof, adopt and as
for his signature the Autographed |
facsimile signature appearing on |
said coupons, all this the first day
Of November, 1920.
'Countersigned
---------------- City Clerk,
'.On the first day Of ----, 49,,
Tennessee will pay the
)earer the sum of Thirty Dollars, at
he Chase National Bank, New York
Jity, or the First National Bank,
Jookeville, Tennessee, for semiranr
rrn do 1
Tennessee, Water and
light Bonds, dated November l, 1920,
And, Whereas, said Ordinance No. ,
" as amended by ordinance No. 131,
uthorize the Mayor Of Cookeville,
to sell said bonds to the
est advantage for Cookeville, Ten.
essee, and for the proceeds of said
ale to be applied for the purpose of
recurring electric current and water
Or Cookeville, Tennessee, either or
9th, and said ordinances direct levy 4
nd collection Of sufficient tax each Z
ear to pay the interest on said bonds '
nd to provide sinking fund to pay o
4 the principal at maturity OF same.
SECTION /. BE IT ENACTED by r
le General Assembly of the State Of c
ennessee. That said ordinances here A
,-fore mentioned the election herein c
,ferred to. and all things pertaining Z
lereto, be declared legal, valid, and v
hiding, and that said bonds, issued in Il
,cordance with the form hereinbefore 3
lown in this Act, be declared legal, b
Aid and binding obligation of said n
Tennessee ; and that the y
ayor of Cookeville, Tennessee, be
lthorized to sell same, the proceeds a
which shall be used for water and il
yht purposes, either or both, for said O.
Il
SECTION 2. BE 1T FURTHER DN. il
CTED, That the Commissioners Of Il
Dokeville, Tennessee, be, and they Il
. hereby required to levy and collect n
sufficient tax, under and in accord b
ice with its charter, to pay the In a
rest on said bonds as 1t natures, and v
provide sinking fund to pay the j
'incipal at its maturity. v
SECTION 5. Be it further enacted, L