Perth Amboy evening news., 1921-11-29

A RESOLUTION PROVIDING FOR THE
ISSUANCE OF $4,000 BR1DGE
BONDS. SERIES II. OF H CoUN.-
TY OF MIDDLESEX.
Be it resolved by the Board of Chosen
FreehoIders of the County of Middlesex:
section /, That for the purpose of pay
ing the cost of construction and recon-
struction of bridges in the County of Mid
dlesex it is necessary to raise the sum
Of Forty-seven Thousand O47,000) Dol
lars, as follows:
Reconstruction of Iron and
steel drawbridge over the Rarttan
River at Albany Street, in the
City of New Brunswick ........sSS,OOO
Reconstruction Of wooden
creek .....!.......o.....'. 1850
Construction of concrete bridge
Engiishtown Road ............. 4,5OO
Construction of concrete bridge
No. 211 on Aqueduct-Plainsboro
Road ......'.'.. Z'zoo
$4,000
Section .. That there be issued pursu-
ant to chapter 252 of the Laws of 1916.
and acts amendatory thereof. bonds of the
County of Middlesex, to be known as
Bridge Bonds, Series IL, in the amount of
Forty-seven Thousand (S47,0O0) Dollars,
which bonds shall be dated the first day
Of December. 1921, shall bear interest at
the rate Of five and one-lalf per centum
per annum. payable sem~i-annually on the
first day Of June and the first day Of
December in each year, shall be in the
denomination of $1,000, numbered from l
to AZ both inclusive, and shall mature in
numerical order two bonds on the first
day of December of each of the years
1928 to 1913, both inclusive, and one bond
on the first day of December of each OF
the years 1914 and 1S4s. both inclusive.
Section 8. Said bonds shall be in such
form and payable principal and interest
In such medium and at such place as may
be provided by resolution of this board,
shall be signed by the Director and Clerk
Of this Board and countersigned by the
County Treasurer, and the corporate seal
OF the County of Middlesex shall be
thereunto affixed. and If coupons for the
payment of interest shall be attached
they shall be executed by the facsimile
signature of the county treasurer.
Section 4. The Board of Chosen Free
holders Of the County of MiddleseX hereby
determines and declares. as follows.
ca Thai the probable period of use
fulness of each and all of the several
bridge improvements referred to in the
FIRST section hereof. computed in accord
laws Of 1916 as amended. is not less than
twenty-seven years from the date OF said
bonds.
10 That the average assessed valua-
ton Of taxable real property t~includtng
improvementsJ of the County of Middle
sex, computed upon the next preceding
three valuations thereof. being the valua-
lions for the years 1919. 1920 and 1921,
in the manner provided in section IL OF
chapter 252 Of the laws Of 1916 is $780,
Cc) That the net debt of the County
Of Middlesex, computed in the manner
provided in said section IL, is S
cd That the annual and supplemental
debt statements required by section IL o.
chapter 252 of the laws OF 1916, as amend
Jed. have been made and filed as required
by said act.
each year while any Of said bonds shall
he outstanding, in the same manner anc
at the same time as other taxes. a tal
upon all the taxable property IN SAX
County sufficient % produce the amour
of principal and interest 20 mature in tn
succeeding year. j..
on sealed proposals after due advertise
ment by the County Treasurer In tn
Perth Amboy Evening News and the New
Brunswick Daily Home News, being news
papers published in the County of Middle
sex. and in the Bond Buyer, being a I'm
ancial paper published in the city o
New York. The County Treasurer ID
hereby vested with authority to Tx m
date Of sale and TO prescribe the form
Of notice the Hoard Of Chosen Freebooter
to award the binds and TO reject any ant
section I. This resolution shall taxi
effect upon its publication, as provided b!
section 2 Of chapter 252 of the laws o
1916, in the Perth Amboy Evening NeRt
and in the New Brunswick Daily HON
News. The clerk Of this Board is hereb,
vested with authority to specify the dat
=. O. which the bonds shall be Issued AM
delivered.
seeiion 8. The bonds authorized there
By will be issued and delivered after tn
7th day of December. 1921. and any suit
action or proceeding to set aside or va
cate this resolution must be begun within
twenty t2O) days after this statement.
The foregoing resolution was adopted
on the seventeenth day Of November. 1872
The bonds authorized thereby will be is
sued and delivered after the 18th day o
December. 1921. and any suit. action o
Proceeding to set aside or vacate thi
resolution must be begun within twent,
days after the publication Of this state
ment.
THOMAS j. MULvIHILL.
szes-l1-29-lt Clerk.