The Pleasantville press., 1926-06-25

in the manner provided by Secnon d1e
10. Chapter 252 of the Laws of 1916,
is 1922 .443, ,004.00.
C. The net debt of the County of
Atlantic, computed in the manner
provided in Section ~ of the afore-
said Act, including the bonds autho,,
rized by this resolution to be issued
d. The statements required by
Section 12 of the aforesaid Act have
been made and filed as in said Act
required.
!, e. The character of the improve
ment to be made for which the bonds
are to be issued is the building of
fireproof addition to the County Hos
pital for the Insane at Smiths Land
ing. and
BE IT FURTHER RESOLVED by
the Board of Chosen Freeholders of
the County of Atlantic that said
bonds be dated the second day OF
August, 1926; that they be issued in
denominations OF 10000 each and
| be numbered consecutively from one
Q) to one hundred fifty-seven Q57)
| inclusive. pavable as follows:
Five bonds beginning with No.
and following in the consecutive Or
der of their number to be paid on the
End day of August, 1928, and five
| bonds following in consecutive order
on the End day of August of each
year thereafter up to and including
the year 1914, and six bonds follow
F., ing in consecutive order on the End
day of August of each year thereaf-
| ter up to and including the year
1856
That they be signed by the Direct
or of this Board, he being the cliIef
presiding officer, and by the Clerk Of
| this Board, and counterSigned by the
! a y
corporate seal of this Board; that
they be coupon bonds and that the
coupons bear the facsimile signature
of the County Treasurer, with the
privilege of registration as to prin
cipal only, or upon surrender of Gll
the coupons may be fully registered
as to both principal and interest.
that they be sold upon scaled propo-
sails after due advertisement accord
ing to law, and no more bonds shall
be sold than will produce the sum
equal to One Hundred Fifty-seven
Thousand Dollars ($157, 100000 and
an additional sum Of less than One
Thousand Dollars ($1,000OO). That
they recite that they are issued pur-
suant to Chapter 252 of the Laws of
1916 and the various amendments
thereof and supplements thereto, and
that the proceeds are to be used to
defray the cost of building an addi-
tion to the County Hospital for the
Insane at Smiths Landing in the
City of Northfield. Atlantic County,
New Jersey. That they be sold un-
der the direction of the Finance
Committee in conjunction with the
lCounty Solicitor and County Treas
urer, and they are hereby authorized
to proceed as rapidly as possible with
the sale and delivery of said bonds
in accordance with the statutes of
this State, and the proper officers of
this Board be and they are hereby
authorized to execute said bonds on
behalf of this Board, which bonds
,are not to be executed or delivered
until the End day of August, 1926.
This Board hereby delegates to
Enoch l.. Johnson, its chief financial
officer its power to award or reject
any or all bids that may be received.
The foregoing resolution was adop-
ted by the Board of Chosen Freehol-
Iders of the County of Atlantic on the
18th day of June. 1926. Permanent
bonds authorized hereby will be issu-
ed and delivered after the second day
of August. 1926, and any suit, action
or proceeding to set aside or vacate
i,said resolution must be taken within
twenty (20) days after the publica-
ton of this statement.
F. w. WILLETTS,
Clerk.
dated: June 16, 1926.
Printers fee, S24.36. Order No. 3545