Perth Amboy evening news., 1922-09-21

,n,ra ana mai reading BY the folioTlns
vote: Yea-soneld, Waters, rss.ss-xars
| CURE, Clark. Risdy, GAVIN a,nsnc. en-.
,itIed IAN ordinance to amend ..n
and body of an ordnance snu.. ston
Ordinance to pave Gordon u.rr,sor
Iactor street to Front street. Hs.,
Pp,acs from state street to Hish s'ree.'
| woodruff Place from High sTssa &.
tor street. Park Avenue from S'oeu
to Washington Street. hehhsd of The
| Iehish Valley Railroad Company. Gram
| street from Market Street TO IT'S sou.ne
terminus and Fayette street IRON Jersey.
! and providing for he issuance OF hot ~
| ceeding 131. 900 temporary improVeTen'
| bonds of the City OF Perth Amboy Vap,
proved April 9TH, lszz) De tame" "P
! second reading.
The Chairman called for remarks for OF
against the passage of this ordinance.
There being no objections said ordinanse
! was then ordered passed on second rssu'
| ing by the following vote: Yea-soheII
| waters. Patten. Mcclure, Clark, Riedy'
| Calvin. Nay-None.
Motion prevailed that the said ordin,
ance be taken up for third reading anu
nn The Chairman called for remarks for or
against the passage of this ordinance.
There being no oo1ectiohs' san a UNA
| final reading by the following vote: yea
| sofe,d. waters, Patten, Mcclure. Clark.
| Riedy. Calvin. Nav-None.
The following resolution offered by Mr..
Whereas. this Council did by resolution
I, sdopted on the 21st day Of February.
| 1921. authorize the issuance OF REVOLVING
Fund Bond tseries NO. 4 ana ,hs CITY
whereas. in pursuance tnereo1' tne Si.y
| Treasurer did cause said bonds TO De y,
sued on September list. 1921 FOR a period
. Whereas. the city has received approx.
mately s26o.oo to Apply against '"'
bond,
Now, therefore be 1t resolved, that the
| City treasurer be and hereby is directed
to renew the said bond for the balance
| due thereon. to wit: $47bo.00; said bond
TO be issued for a term Of not exceeding
one year with interest at a rate not ex-
was adopted by the following vote: Yea
| Sofeld, Waters, Patten. Mcclure. Clark.
Riedy, Calvin: ymN ,-.a ~ NJ
Resolved, that $3.50 be refunded 10
James Thomas, auto bus refund on badge
was adopted by the following vote: Yea
sofeld. Waters. Patten, Mcclure, Clark.
Riedy, Calvin. Nay-None.
The following resolution offered by Mr..
Resolution Prescribing Form and Other
Details of the $1,000 Water Bonds Of
the City of Perth Amboy
Be II resolved. by the Council OF the
City of Perth Amboy:
Section /. That the Seven Thousand
O7.ooo) Dollars Water Bonds Of the City
of Perth Amboy authorized by an ordin-
ance entitled A ordinance providing for
the issuance Of $1,000 Water Bonds OF the
City Of Peth Amboy." adopted August 81.
1929. be in the denomination of One
Thousand ts1.ooo) Dollars. numbered from
l to T.. both inclusive. mature in numer-
ical order one bond on the first day of
September OF each of tho venra 1904 e.
1880. both inclusive, and bear interest at
five per centum 6%) per annum, pay
able semi-annually on the first day of
March and the first day of September Of
each year.
Section .. That said bonds shall be
sold by the City Treasurer in accordance
tails. U
Section 9. That said bonds and the
provisions for registration endorsed there
on, and the interest coupons which shall
be attached thereto, shall be in substan-
TALLY the following form. to wit:
81 o moer' Number;.:.;::
UNITED STATES OF AMERICA
STATE OF NEW JERSEY
CITY OF PERTH AMBOY
WATER BOND
ENTs THAT H CITY OF PERTH
AMBOY. a municipal corporation in the
County of Middlesex, in the State Of
New Jersey. hereby acknowledges itself
indebted and promises to pay the bearer
hereof
ONE THOUSAND DOLLARS
IN Lawful money Of the United States Of
urer in Perth Amboy, New Jersey. on the
first day of September. IL, together
with interest thereon at the rate Of Ave
90 per centum per annum at the same
place, on the first day of March and the
nrst day OF September in each year, on
the presentation and surrender of the
coupons attached hereto as they severaliy
become due. At the request of the hold
err. this bond will be registered at the
Office of the City Treasurer either as 10
principal or as to principal and interest.
This bond is one of an issue Of like
date, amount and tenor. except as to ma
turity. Issued pursuant to the provisions
of Chapter 252 of the Laws of New Jer.
sey OF 1915, as amended. for the purpose
Improvement to the existing water
works system Of the city. and is author
ICED by an ordinance of the City Council
of said City. duly adopted on the ......
day of August. 1922. and duly approved
and published as required by law.
1t Is hereby certified that all conditions
this bond, exist. have happened and have
been done and that every requirement of
law affecting the issue hereof has been
duly complied with and that this bond is
within every debt and other limit pre-
scribed by the constitution ana laws Of
said state. and that the faith and credit
of the City of Perth Amboy are hereby
irrevocably pledged to the punctual pay.
ment of the principal and interest Of this
bond according to its terms.
IN WITNESS WHEREOF the City Of
Perth Amboy has caused this bond to he
signed by it's Mayor and Treasurer and
attested by the City Clerk and the cor
porate seal of said City to be affixed
hereto and the coupons hereto annexed to
be executed by the facsimile signature
of it's Treasurer. as Of the first day OF
September, 1922.