Perth Amboy evening news., 1923-11-17

for sale separately or in the same adver-
tisement with the s7s.5oo General Inc
provement Bonds heretofore authorized.
and to receive bids for both issues ana
award said bonds, deliver them and re-
eeive the purchase price thereof. without
further auth Drity from this Council.
Be It further resolved that said $4,000
street Improvement Bonds Of the City of
Perth Amboy be, together with the cou-
pons for interest to he attached thereto
and the provisions TO be printed ON HE
back thareof, in substantially the follow
ing form:
Number Nunbar
$1,000 Sf500
United States of America
State of New Jersey
City of Perth Amboy
Street Improvement Bond
Know all men by these presents that thu
City OF Perth Amboy, a municipal corpor-
stlon in the County of Midlesex, in the
state of New Jersey, hereby ~cknowledgo
itself indebted and promise 10 paw to The
bearer hereof
ONE THOUSAND DOLLARS
IN lawfnl money of the United States OF
America at the office of the City Treas-
lrer In Perth Amboy. New Jersey, on the
first day of November, d..
same place, on the first day OF May and
me hrst day of November in each year. on
the presentation and surrender OF fhe cou-
pons attached hereto as they severalIv
become due. At the request Of tie holder.
this bond Will be resistered at the office of
NhS Nlby treasurer either as to PRINCIPAL
o. as TO principal and interest.
This bend Is one of an issue of like date
ana tenor, except rs to amount and ma
turity. issued pursuant to the provisions
OF chapter 252 OF the Laws of New Jor-
sey OF 1916, as amended, for the purpose
OF paying the city's share or the cost OF
improving certain streets and is author
fzed by an ordinance of the CITY Council
OF said City. duly adopted and approved,
and duly published as required by law.
II is hereby certified and reoited that
al conditions ard things essential TO the
validity Of this bond exist. have happened
ana have been done and that every re-
quiremens of 'aw affecting the issue
hsreot has been duly complied with and
other limit prescribed by the Constitution
and law OF said State, and that the
iaith and credit of the City of Perth AM
boy are hereby irrsvocably pledged to the
punetuaI 2aynent of the principal and in
terest Of this bond. according to it's terms.
In Witness Whereof the City of Perth
Amboy has caused this bond to be signed
by its Mayor and Treasurer and Sattested
by the City Clerk and the corporate seal
OF said City to be affixed hereto and the
coupons hereto annexed to be executed
by the facsimile signature of its Treas
urer as OF the first cay OF November, 1879.
Mayor.
CITY Clerk.
Coupon
The City Of Perth Amboy, in the state
of New Jersey, will pay to bsarer........
.'.........,.. Dollars on the first day OF
at the office of the City reasurer, being SIX
months interest then due on its General
improvement bond. dated November !,
lo25' NO. ..........
City Treasurer.
BACK OF BOND
The original opinion of Caldwell and
Raymond, approving the legality of the
issue OF bonds. of which the within is one,
is nled for the inspection Of the holder
With the United States Mortgage a. Trust
Company. 56 Cedar Street, New York City.
CONVERSION CERTIFICATE
We hereby certify that we have this dav
cut off and cancelled all the coupons at
tached to this bond and that the within
bend is hereby converted into a registered
semi-annually. Both principal and inter-
est Will be payable to the registered hold
err named in the registration blank below
his legal representative or assignee. at the
times and place expressed on the face OF
| this bond.
| ss...
Mayor,
City Treasurer.
This bond may be registered as to prin-
cipal under the signature of the City
Treasurer below and shall thereafter be
transferable only by written assignment
OF the registered holder or his attorney
duly acknowledged or proved. such trans.
fer to be endorsed hereon and entered on
the books of said City Treasurer kept fol
for that purpose. Such transfer may BIZ
to bearer and the coupons will remstf
payable to bearer unless and until all G
them shall be SUR endered and cancelled
as evidenced by the execution OF the fore
going conversion certificate provided fo
that purpose.
pate of Name of City Treasures
Registry Registered Holde' Registrar
Upon motto nof Mr.. Riedy was adopted BY
the following vote: Yea-Waters, Patton
Mcclure. Clark. Riedy. Calvin. Nay
None.
The following resolution offered by NJ.
Waters:
Be it and it hereby is resolved that th4
Comptroller be and hereby is directed tu
deduct from any debt statement to be
filed the sum of SIS. 10000 which amount
this Council did by ordinance heretofore
appropriate for the pavement of Bayette
street and which ordinance was vetoed by
the Mayor.
Upon motion of Mr.. Riedy. was adopted by
the following vote; Yea-Waters. Patten,
Clark. Riedy, Calvin. .Nay-McGuire.
Upon motion Of Mr.. Waters, II was voted
to suspend the rules and vevert back TO
the City Officers reports.
The following report Of the comptroller;
| SUPPLEMENTAL DEBT STATEMENT
STATE OF NEW JERSEY.
COUNTY OF M1DDLEsBx, SIS:
Il. j. Dalton being duly sworn .deposes
ana says:
Deponent is the Comptroller of the City
OF Perth Amboy hereinafter called THE
municipality" and the chief financial Of
flcer thereof. The Supplemental Debt
| Statement annexed hereto and hereby
made a part hereof is a true statement of
the debt condition of the municipality on
the date hereof ana is computed as pro-
vided for the annual debt statement by
Chapter ESQ p. l.. 1916. as amended.
(Signed) e. J. DALTON,
Comptroller.
Subscribed and sworn to before me this
fifteenth day of October, 1928.
CSigned) A. CARAVAN,
Notary Public.
A. "a The net debt OF the municipality
as stated in subdivision c of the annual
debt statement last filed is 1881. 716,43
(2) The amount by which such net debt
has been Increased Is $234, 1888.
| (3) The net debt at the time of this
statement is / ,s26, 2S1.66.
b. The amounts and purpozes sera-
rately itemized of the bonds or notes
about to be authorized, together with the
deductions which may be made on ac-
count of each such item
illumination Railroad Grade Cross
ing, $500, 000.0 0
Total under this Item B. $3.50. 100000
L. 1896. 2g1.es
Deductio nby virtue OF Chapter 1877 OF
/ tho JatUa nf 1qg2 SbQ9 62GT rs