Slike strani
PDF
ePub
[blocks in formation]

Providence

for paving streets.

It is enacted by the General Assembly as follows:

SECTION 1. The city of Providence is hereby City of authorized and empowered from time to time to authorized to hire not exceeding the sum of five hundred thousand dollars and to issue its notes therefor, and to renew any such notes from time to time as the same become due. All moneys raised by authority hereof shall be exclusively used and expended for the purpose of paving such streets in said city with such kind or kinds of durable street pavement as the city council of said city from time to time may determine.

SEC. 2. The city council of said city shall appro- Payment of priate out of the tax receipts of said city such sums renewals. as shall be required to pay said notes and any renewals thereof, so that the same shall be wholly paid not later than November 1, 1934. Sec. 3. This act shall take effect

upon

its

passage.

CHAPTER 491.

(2376)

H 880. AN ACT AUTHORIZING THE CITY OF PROVIDENCE TO

Approved HIRE THE SUM OF THREE HUNDRED THOUSAND May 14, 1923. DOLLARS FOR THE PURPOSE OF ERECTING A MEM

ORIAL TO THOSE WHO SERVED IN THE WORLD WAR. It is enacted by the General Assembly as follows:

SECTION 1. The city of Providence is hereby City of Proviauthorized and empowered from time to time to ized toobire

a hire not exceeding the sum of three hundred thousand war memorial. dollars and to issue its notes and bonds or either therefor, and to renew any such notes from time

Bonds, how issued; interest and sinking fund.

to time as the same become due. All money raised by authority hereof shall be exclusively used and expended for the purpose of erecting a memorial to those who served in the world war, said memorial to be in the form of an arch, a shaft or other suitable artistic design.

SEC. 2. The city council of said city shall cause any bonds issued by authority hereof to be issued for such time and in such amounts as shall be fixed by said city council; and after any issue of any such bonds, said city council shall annually appropriate, so long as any such bonds are outstanding, besides a sum to pay the interest thereon, a sum to be placed as a sinking fund sufficient for the redemption of said bonds when due, and all premiums arising from the sale of said bonds shall be placed to the credit of said sinking fund. Sec. 3. This act shall take effect

upon

its

passage.

CHAPTER 492.

S 256.
Approved
June 11, 1923.

(2377]
AN ACT IN AMENDMENT OF SECTION 2 OF CHAPTER

2242 OF THE PUBLIC LAWS, ENTITLED AN ACT
AUTHORIZING THE CITY OF PROVIDENCE TO CON-
DEMN FOR PUBLIC SCHOOL AND GYMNASIUM PUR-
POSES A CERTAIN PARCEL OF LAND IN SAID CITY
AND AUTHORIZING SAID CITY OF PROVIDENCE TO
HIRE. THE SUM OF TWO HUNDRED AND TWENTY-FIVE
THOUSAND DOLLARS FOR THE PURPOSE OF PAYING
FOR SAID LAND AND ERECTING AND EQUIPPING A
GYMNASIUM THEREON,” PASSED AT THE JANUARY

SESSION, A. D. 1922.
It is enacted by the General Assembly as follows:

SECTION 1. Section 2 of chapter 2242, of the public laws, entitled "An act authorizing the city of Providence to condemn for public school and gymnasium purposes a certain parcel of land in said city and authorizing said city of Providence to hire the sum of two hundred and twenty-five thousand dollars for the purpose of paying for said land and erecting and equipping a gymnasium thereon,' passed at the January Session, A. D. 1922, is hereby amended so as to read as follows:

“Sec. 2. The city of Providence is hereby author- Providence ized and empowered from time to time to hire not hire 8425,000 exceeding the sum of four hundred and twenty-five school and thousand dollars and to issue its notes and bonds purposes. or either therefor, and to renew any such notes from time to time as the same become due. All money raised by authority hereof shall be exclusively used and expended for the purpose of paying the amount or amounts of any judgment or judgments against said city or the price or damages which may be agreed upon by said city and the owner or owners for the taking of any land or lands under authority hereof and any expenses incidental thereto, and for the purpose of erecting and equipping a gymnasium thereon and otherwise improving said lot for public school and gymnasium purposes. The city council Bonds, how of said city shall cause any bonds issued by authority and sinking hereof to be issued for such time and in such amounts as shall be fixed by said city council; and after any issue of any such bonds, said city council shall annually appropriate so long as any such bonds are outstanding, besides a sum to pay the interest thereon, a sum to be placed as a sinking fund sufficient for the redemption of said bonds when due, and all premiums arising from the sale of said bonds shall be placed to the credit of said sinking fund.”

Sec. 2. This act shall take effect upon its passage.

issued; interest

fund.

CHAPTER 493.

(2378]

H 1013.
Approved
April 18, 1923.

AN ACT AUTHORIZING THE TOWN OF BRISTOL TO

ISSUE BONDS OF THE AMOUNT OF TWENTY THOUSAND

DOLLARS FOR THE PURPOSE OF PAYING FOR SEWER
CONSTRUCTION.

It is enacted by the General Assembly as follows:

Town of Bristol authorized to issue $20,000 of bonds for sewer construction.

Form of bonds.

SECTION 1. The town of Bristol is hereby authorized and empowered, in pursuance of and in accordance with the resolution of the financial town meeting passed March 19, 1923, to issue its bonds under its corporate name and seal, in addition to all bonds and other indebtedness heretofore authorized, to the amount of twenty thousand dollars. The said bonds shall be in serial form and shall become due and payable in not to exceed twenty years from the date of their issue and shall bear interest at a rate not exceeding five per centum per annum. The principal and interest on said bonds shall be payable in gold coin of the United States of America of the standard of weight and fineness at the date of issue of said bonds.

SEC. 2. Said bonds shall be issued and sold by the town council of said town at such times, in such amounts, at such rate of interest, in such manner, in such forms, and maturing at such dates as the said town council may authorize and direct, but not to exceed, in the date of their maturity, twenty years from the date of their issue, nor to exceed, in the rate of their interest, five per centum per annum payable semi-annually. Not more than one-twentieth of the amount of the principal of said bonds shall be made due and payable in any one year. The bonds hereby authorized shall be signed by the

Bonds, how issued and sold.

.

town treasurer of the town of Bristol and countersigned by the president of the town council.

Sec. 3. The proceeds arising from the sale of Proceeds how said bonds shall be delivered to the town treasurer of said town and shall be used and expended by the sewer commission of the town, as soon as it shall deem such action advisable, for the construction of a common sewer in Mount Hope avenue, and in such other streets or avenues intersecting or extending from said Mount Hope avenue, as the available money will permit.

SEC. 4. At the annual financial town meeting interest and in each year the town shall appropriate, until said maturing. bonds are paid in full, a sum sufficient to pay the interest on said bonds and a further sum to pay the principal of the bonds maturing each year. SEC. 5. This act shall take effect

upon

its passage, and all acts and parts of acts inconsistent herewith are hereby repealed.

CHAPTER 494.

(2379]

AN ACT AUTHORIZING THE TOWN OF BRISTOL TO H 1024.

Approved APPROPRIATE MONEY FOR THE BENEFIT OF THE April 18, 1923. HOME SERVICE SECTION, AMERICAN RED CROSS, BRISTOL BRANCH.

It is enacted by the General Assembly as follows:

SECTION 1. The town of Bristol is hereby author- Town of ized and empowered to appropriate the sum of five authorized to hundred dollars for the use and benefit of the Home of American Service Section, American Red Cross, Bristol Branch, and the action at the financial town meeting of said town on March 19, 1923, is hereby affirmed.

SEC. 2. This act shall take effect upon its passage.

Red Cross.

« PrejšnjaNaprej »