Perth Amboy evening news., 1923-03-09

| dlesex:
| Section /: That it is necessary to raise
the sum of Ten thousand Dollars G1O,-
| OO0.) for the purchase OF a site for new
| county vocational school in the City Of
Perth Amboy. this Board having received
| from the Board of School Estimate of the
Vocational Schools in the County of Mid
desex a certificate fixing and determining
! the foregoing amount as the amount nee
essary for said purpose and said sum
| being hereby appropriated for said purpose
| Section .. That there be issued, pur-
suantl to the laws OF the state OF New
Jersey thereunto enabling bonds of the
County of MiddleseX. TO be known as
County Vocational School Bonds, Series g.
in the amount of Ten thousand Dollars
S100O0) or such lesser amount upon the
sale thereof will produce said sum- which
bonds shall be dated the second day of
April 1923, shall bear interest at four and
one-half per centum per annum, payable
semi-annually on the second day of April
and second day of October in each year.
shall be in the denomination of One thou
, sand Dollars ($1,000) each, numbered
from one .1) TO ten U0), both inclusive.
and shall mature in numerical order-one
bond on the second day of April of each
of the years 1925 to 1884. both inclusive.
Section 3: Said ponds 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 countersgned by the
of the County OF Middlesex shall be there
unto affixed, and if coupons for the pay
ment of interest shall be attached they
shall be executed by the facsimile sigma
ture of the County Treasurer.
Section 4. The Board of Chosen Free
holders of the County of Middlesex hereby
determines and declares as follows:
(a) That the probable period of use
fulness OF the land referred to in the first
section hereof is not less than forty years
from the date of said bonds.
(b) That the average assessed valua-
ton of taxable real property (iucluding i'm
provements) of the County of Middlesex.
computed upon the next preceding three
valuations thereof being the valuations
for the years 1920, 1921 and 1929. in the
manner provided in section 10 of Chapter
252 of the laws of 1916. is $101, 1,346,652 &c.
(c) That the net debt of the County of
Middlesex, computed in the manner pro-
vided in said section ~, is $S,642, ,632.s9
(d) That the annual and supplemental
debt statements required by section II of
chapter 252 of the laws OF 1915, as amend
ed, have been made and filed. as required
by said act.
Section 5: That there shall be levied in
each year while any OF said bonds shall
be outstanding in the same manner and at
the same time other taxes. a tax upon
all the taxable property in said County
sufficient to produce the amount OF prin-
cipal and interest to mature in the sue
ceeding year.
ment by the County Treasurer in the
Perth Amboy Evening News and the New
Brunswick Daily Home News being
newspapers published in the County of
Middlesex, and i'll the Bond Buyer. being
a financial paper published In the City of
New York. The County Treasurer is
hereby vested with authority to fix the
date of sale and to prescribe the form of
notice; the Board of Chosen Freeholders
to award the bonds and to reject any and
all bids therefor.
Section Z: This resolution shall take ef-
feet upon it's publication, as provided by
section of Chapter 252 of the Laws of
1916. in the Perth Amboy Evening News
and in the New Brunswick Daily Home
News. The Clerk of this Board is hereby
vested with authority to specify the date
after which the bonds shall be issued and
delivered.
The foregoing resolution was adopted on
the Sth day of March, 1928. The bonds
authorized thereby will be issued and de-
livered after the 31st day of March, 1923,
and any suit, action proceeding to set
aside vacate this resolution must be be-
gun within twenty days after the publi-
cation of this statement
THOMAS j. MULVIHILL,
Clerk of the Board of Chosen
Freeholders of the County of
Middlesex.
22460-3-9-1t