Rensselaer Republican, Volume 15, Number 7, Rensselaer, Jasper County, 26 October 1882 — CITY ORDINANCE. [ARTICLE]

CITY ORDINANCE.

The following is nn extract of Ordinance No. hO passed by Uih board of trustees of town of Rensselaer at the meeting, Oct. * * “Beit ordained by the board of trustees of the town of Rensselaer iu the Slate ot Indiana, that the bonds of the said town of Rensselaer be issued to the amount of eight iho isunu five hundred dollars, in denominations ot five hundred dollars, bearing interest Ht the the rate ol six per cent perunnuni payable annuody. l'lie principal of said bonds to be pa able ten years after date thereof. Hie principal anti interest of said bonds to be t y .Me ~t the banking House of Winslow, l..ui e.r in. in the city of Now lorK, ii i *i<* .‘''iiL: 11 New York ' • Ten snail be attached to each of said • iei- =*„i coupons shall be for “ L ‘ *• W dollars tend shall mature, in one, t v ■ u\< war, live, six, seven, oigh., nine, on , y airs from the date of ■id bonus, ilia .'onus shall be in words ttfl j ts > ;;.S {‘;lt‘t‘>. T s vij; * * *• ft * The B ii i: er !r, sipj o nts Joseph If. Wiley ..s agent ot the uu to have said bonds allograph ri a .d ivn.-n they are properly executed, sun . a oi : hall put. them on the marl ei, no iiuTu iur tj lu best price ntaiudble, In.: u ie.xsihan ninety four cents 0 the (lot ai* an when the said school l ustee slisi: jgi • tofeis with security to tiie i , ,.t"v.»J o 111, county auditor, and in such cnalty as t c county auditor shall pereribe, but it l. less than thirteen thousand ■'•liars, then our said agent shall pav the proceeds of said bonds 10 said school trusees, taking t heir proper voucher therefor, " ’ shall he filed with the (Jierk of the said town. An emergen \y is hereby declared to exist for the immediate taking efieet of thiordmance, therefore the same shall be incfleet troin and after its adoption, without ts publication or posting. Approved Uci.dier 2ml lt-82. Attest, Joseph 11. Willey, I*rest. Wm. W. Watson, Town Clara.* " *.■