The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1945-01-12
Legal Advertisements

OF u per. cent per annum, payable
sem mseml-annually on the 1st day of March
ana september in each year until the
principal sum is paid, upon nresentao
ton and surrender of interest co1,nnmS
60 60 pe attached to said bonds bearing tho
IES;nsiaaiie E;,,a Signature of the Director of
as Follows haa 5a1d 90 bonds s., shall mature
September 1916, and 50, 400. 90. on the 1st
Gay OF September in the years 1917 70
ase aseo; both inclusive, which maturities
TALLY equal annual installments.
Said bonds shall be issued, executed
ana disposed of in accordance with the
general laws of the State of Ohio. mar
tIcularly the Uniform Bond Act Of the
General Code of Ohio. - Tue
The principal and interest of said bonds
snall Sit,l ,I.e be payable. at the office of the
SSity treasurer of the City of Hamilton
ONO; said bonds shall bear such con-
Secutlve numbers as the Director of
ritH inanGe ICE, q or the proper officers of the
upon their face the purpose for Which
they are issued and that they are issued
IN In pursuance i@ @ OF this ordinance, and shall
Director of Finance and sealed with the
corporate seal of said city. i'e
SECTION ": The proceeds from the
saie si, OF SAID bonds, except the sum in
GUIDED in the amount to be issued to
Inc extent necessary to provide a fund
Tor the payment of interest accruinp on
sald sac bonds previous to the receipt of
W a
Ultimately paid and the premiums and
accrued interest thereon, shall be pIac
tho eb IN ma the city treasury to the credit of
equipment Fund and shall be disbursed
upon proper vouchers for the purnose
OF paying the cost and expense of pur-
fflasihg fnr ing motor vehicles and equipment
Ior the collection and removal of waste
materials for the Department of Public
Works of the City of Hamilton Ohio
anu Tor no other purpose, and for which
IC
ated appropri-
SECTION v: That the faith, revenue
ana ane credit credit of the City of Hamilton Ohio,
ment of both principal and interest of
sald bonds hereinbefore described in
accordance with the laws and consti-
tuition of the State of Ohio
SECTION vi: For the purpose of pro-
v1ding the necessary fund to paw the
interest on the foregoing issue of bonds
pro P,oihpaly ply when and as the. same falls
lent TO discharge the said serial bonds
at maturity, there shall be and is here
oy tevled on all of the taxable property
OF the City of Hamilton, Ohio, in addi-
tlon to all other. taxes a direct tax an
nually during the period of the time
sucn bonds are to run, in an amount
interest upon said bonds as and when
the same falls due, and also to provide
a fund for the discharge of the principal
of said serial bonds at maturity. which
taxes shall not be less than the interest
and sinking fund tax required by Sec.
tion II, Article IL of the Constitution of
the State of Ohio,
Said tax shall be and is hereby order
ed computed, certified, levied and extend
ed upon the tax duplicate and collected
by the same officials, in the same man
ner and at the same time as the taxes
Tor general purposes for each of said
years are certified extended and col
lected. Said tax shall be placed before
and In preference to all other items and
Tor the full amount thereof. The funds
derived from said tax levy hereby re-.
quired shall be placed in a Separate and
distinct fund which together with the
interest collected on the same shall be
lrreyocably pledged for the payment
OF principal and interest on said bonds
when and as the same fall due.
SECTION VII: These bonds shall he
subject to call or redemption prior to
maturity at not more than par and ac-
crued interest
SECTION VIII: The City Clerk is
hereby directed to forward a Certified
copy. of this ordinance to the County
Auditor.
SECTION TX: This ordinance shall
take effect and be in full force and ef-
fect from and after the earliest period
allowed by the charter of the CITY of
Hamilton, Ohio.
Passed: January 3, 1915.
LEO j. WELSH, Mayor.
Attest: ADELE EDMONDS,
City Clerk