Norwich bulletin., 1922-05-29

y FUNDS and they shall be charged with
the duty Of receiving and accounting
thersfor, and they shall take care Of, in
vest re-invest, and manage the came
AL Investments and re-invsstxasnts Of /
said fund or funds shah be IN accord
ance with the statute laws Of dilis STAKE i
relating to the investment of trust funds \
e1casf1ng where otherwise provided in
said gift, donation, bequest or devise.
~ o expenditure of such fund or funds 4
tor park purposes shall he made exespt 4
with the approval Of the Board OF Alder /
men of said city.
SECTION 13g,
General Sinking Fund.
The general sinking fund of said city,
at the time Of the adoption of
this charter, and all additions thereto,
shall constitute the general sinking fund
|of said city and shall be in charge of a
Fcornmittee consisting Of the Mayor, Con-
troIler and the City Treasurer. Said
fund. when ordered by the vote of the
Board Of Aldermen Of said city, may be
applied towards the payment of the grim
ctpal and interest of any maturing bonds,
notes, and certificates of Indebtedness of
ksaid city.
Said general sinking fund shall con
tain all moneys not specifically appropria-
ted to other uses and purposes, and also
tany appropriation raised by tax in any
year as the Board of Finance and the
Board Of Aldermen of said city may de-
ltermine.
| The investment and re-investment of
said general sinking fund shall be In ac-
tcordance with the statute laws Of this
Estate relating to the investment Of trust
funds.
| SECTION 1913.
Gas and Electric Sinking Fund and Re-
| serve Fund.
| The gas, and electric sinking fund of
said city, existing at the time of the
adoption of this charter and all additions
that may be hereafter made thereto shall
Iconstitute the gas and electric sinking
fund sof said city and shall be in charge
tof committee consisting Of the Mayor
Land the City Treasurer, and the president
/ of the Board of Gas and Electrical Com
Irnissioners
| The gas and electric reserve fund of
said city, existing at the time of the
Eadoption Of this charter and all additions
that may hereafter be made thereto shall
constitute the gas and electric reserve
fund Of said city and shall be In charge
lof a committee consisting Of the Mayor
and the City Treasurer, and the presi-
4 dent of the Board Of Gas and Electrical
Commissioners.
/ Additions to either or both of said funds
shall consist of interest earned thereon
and Of such amounts as the said Board
tof Gas and Electrical Commissioners may
i not later than the tenth day of October
In any year, determine, and as the funds
of said board may warrant.
i Said Committee shall be charged witf
i the duty of receiving and accounting foI
said funds and they shall take care Of
4 invest, re-invest, and manage the same
sI.Aii investments and ire-inwesture11ts io
said fund or funds shall be in accordanc'
with the statute laws of this State rela
I Ting to the investment Of trust funds.
No expenditure of either or both of SAX
funds shall be made except with the ZAP
proval of the Board of Aldermen of saiC
Lefty.
i Nothing herein shall effect the oSliga
lions heretofore created and now exist
d ing by any outstanding issue OF bonds
1 SECTION 1874.
Sinking Fund for 1881 Reminding Gas ami
Il Electric Bonds.
The Mayor, the City Treasurer and tn
q President of the Board of Gas and Elec
= trical Commissioners of said city, all ex
officio, shall be a Board Of Sinking Fun
& Commissioners to be known under tn
name of 1881 Sinking Fund Commits
sioners," and shall have the care, custod
and management of the Sinking Fun
created under resolutions for the pur
pose of paying certain Gas and Electri
bonds of the City of Norwich, passed b
1.-THE Court of Common Council Of sal
city at a meeting legally held on Octobe
9Th, 1921
ii There shall be reserved by the board c
{ lgas and electrical commissioners from tn
earnings of the city's plant the gum G
five thousand dollars each year to NEE
: 1.-THE terms and conditions of the sinkin
! fund created by vote of the Court {
| Common Council on October 8, 192
which sum shall be- paid to the city trsal
! urer annually and be held. accounted &c
land applied as said vote of the Counc
lprescribes
II SECTION 1856.
Removal of 0nieers by Board of Aide
Il men.
81 1. Complaint in writing may be max
!, to the Board of Aldermen of said city B
9 not less than 10 per cent. of the electol
: tof said city each of whom shall write n
occupation and address opposite his sst
: nature, charging any municipal -ofnc'
Y with any offense, and requesting his r
: moVal from Office. setting forth facts {
/ which said charge Is founded. supports
f by the oaths Of at least five of the con
Iplainants, according to the best Of the
: knowledge information, and ibelief. If, q
e 1.-THE Judgment of the said Board of Aide
i men, there appears to be reasonab
e ground for such proceeding. the said boal
: shall direct the complaint to be filed Wi
? the City Clerk of said city, and make
n Iorder upon the said accused officer ;
s lturrabfe ION day certain to said 1oal
j and within ten days from the date Their
of to appear and answer said complain
e which order, with copy Of said complain
e shall be forthwith SERVED upon the ACCUSE
n officer or left at his last known place
d residence. If. on the return day Of u
!. order, said Board of Aldermen shall M
Ell sufflcient cause for further proceedings
Il lshan fix a time within sixty days for
Ell full hearing OF said complaint.
2. Said Board of Aldermen shall pr
= coed with said hearing to final 5judsznes
t with as little delay as possible II Il
! said Board of Aldermen shall find al
!; charge in said complaint proven. aft
y public hearing thereon, and If. It SIN
n It1eern the ofTense sufficient, It may reno
n 1.-THE accused officer from office. prov1n'
v there shall be at least eight of its msr
u bers voting in favor of such removal, al
e. the person so removed shall not be eligih
e to any Office under said CITY goysrnme
n for a term of FIVE years from the date
a his removal. AT any time after 4
al charges are first brought to the attentt
+ of the said Board of Aldermen, 1t may,
4 | it finds sufficient reason to exist for
n Idoing, by vote Of at least eight OF !
n members, suspend the accused from ON
n until It makes further order IN the pre-
Y tiRea