Beverly banner. [volume] (Beverly, N.J.) 1877-1964, 1925-04-24

ielsture Of the State Of New Jersey
emitted IAN Act to authorize aid
regulate the issuance OF bonds and
otner obligations ana the mourning
OF Indebtedness by county, city, bor-
ough, Village, Town, township or any
municipality governed by an im-
provement commission" approved
March 22nd, 1916, and the acts
amendatory thereof and supplemental
thereto. oaid notes shall be issued
in the principal amount of not ex-
ceeding fhirty-tive Thousand Dollars,
shall mature in not more than six
years after the purpose for which
they are issued has been carried out,
ana shall bear interest at not exceed
ing six per centum, payable semi
annually. Said notes shall recite that
they are issued for the purpose of
temporarily financing the cost of the
| laying and construction of said curbs
along the streets aforesaid. The other
matters in respect of the issue of
said notes shall be determined by
subsequent resolutions
Section A. The notes issued hereun-
der shall be signed by the Chairman
the Treasurer of said Township, and
the seal of the Township shall be af
fixed thereto, attested by the Town
ship Clerk.
Section 5. The faith and credit of
the Township of Florence is hereby
pledged for the punctual payment of
the principal and interest of the
notes herein authorized, and unless
the said principal and interest is
otherwise paid the same shall be paid
out of the proceeds of taxes which
shall be levied and collected at such
time or times and in such amounts as
may be necessary for such payments
upon all the property in the Town
ship subject to taxation, in the same
manner as other taxes are levied and
collected.
Section 6. Upon completion of the
improvement contemplated by this
ordinance the peculiar benefits aris-
ing from such improvement to the
respective properties abutting upon
the streets aforesaid shall be assessed
against the said properties and the
owner thereof by three discreet
freeholders, who shall be residents of |
the Township, and in no way interest
ed in said Improvement, and who
shall be appointed by the Township |
Committee and shall proceed with
the said assessment, which shall be
made and collected in accordance
with the statute in such case made t
and provided.
All ordinances and parts of ordi-
nances inconsistent herewith are
hereby repealed.
NOTICE is HEREBY GIVEN that
an ordinance of which the foregoing |
is a true copy, authorizing a local |
Improvement Upon certain streets in
that part of the Township of Flor
ence known as the Town of Florence,
has been. introduced i'm the Township |
Committee of the said Township and
regularly passed on first and second
readings, and all persons whose land
may be affected by said improvement
and all persons who may be interest
ed therein are hereby notified that
it is the intention of the governing
body to consider the undertaking of
said improvement and passage of
said ordinance at meeting to be
held at the Fire House in the Town
of Florence, on Wednesday, the Sixth
day of May, 1926, at O'Clock in the
evening of said day, Daylight Saving
Time, at which time and place all
persons interested in said improve
ment or affected thereby will be CIV
en- an opportunity to be heard in re-
lation thereto.
Dated-April oath, 1925.
CHARLES B. GREEN, J
Township Clerk