i interest-bearing orders | April, 4 A D. 10m, redeemable 3 any
Land Fonding. the same at a lower rate time after ten years from the date here-
Alex. Worrieith
{ Lesion Mauns ova
© Patrivk Lynch. ie
RB Renery ile ut eo A. Wonds,
i earliovted, Bet nod pel paid
of linterest, the building of bridges on of, at the option of the Borough of Pat
lang and MeGes avenues, and other ton, together with interest thereon, st
necessary municipal improvements. the rate of four per cent per annum,
And whereas, By Ordinance No. 88, payable semiannually on the 15th days
approved the 15th day of September, of the months of October and April
tver 4s Borotgh Trasyrer, HM sem A.D). 1902, the axid Brvoagh of Patton during the continnance of this bond, st
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We, the andersigued. Auditors or
provided for the Immaring of said bonds, the banking house of Jose, Parker and
hot none of said bonds have in fact yet Company, bankers, Boston, Mass
best jwsued and no debt contracted ohusetts, upon the surrender of the an-
thereunder, and it Is now desired to nexed coupons as they severally be.
make certain changes in the form of come doe and payable. This bond is
suid bonds and in the method of lmaing issued ‘tax free,” the Borough of Pat
the same formerly provided by said ton paying all taxes amessed thereon
Ordinance No. 88 or against the holder of the same hy
Section 1. Be it enacted and ordained reason thereof, and is one of a series of
by the Burgess and Town Council of fourteen bonds, each of like tenor and
“the Borough of Patton, Pennsyivanis, amount, together comprising a Jown of
and it is hereby enacted by authority Seven Thoussnd Dollars, imued by the
‘of the same, that Ordinances No. 88 of Borough of Patton, Cambria coanty,
ithe Borough of Patton, approved the Pennsylvania, in puorsuanos of an Act
13th day of November, A. 1. 1002 en. of Assembly regulating the insresse of
titled “An Ordinance anthoriging the indebtedness by municipal corpora
| bowtie and sale of Borough bonds to the tions, approved the 20th day of April,
amount of Seven Thousand Dollars, in A. D. 1874, and its several supjrlements
| pursuance to Borough tlectiofl held the | and amendments, and. in pursasnce of
Ath day of November, A.D. 1907, and | ‘an ordinance of thé Borough of Patton,
evy ying an annual tax for the payment | approved the 15th day of September,
| of the same” be and the same is here. A. DD. 1902, by and with the consent of
by repealed, the electors of the sald Borough, at an
Sec. 2 And in pursuance of sothor. election daly called and held on the $th
ity duly conferred by Baroagh election | day of November, 1902, for the purpose
held the 4th div of November, A. DD of paying off and cancelling ontstand-
1002, that for the perpose of paying off ing interest-bearing orders given for
and cancelling Seven Thoosand Dol becessary municipal improvement, and
ars of the outstanding interest-bear. funding the same at 8 lower rate of in-
ing girders of sald Borough, and refaed. terest. It in farther certified that the
Ing tie same at a lower rate of intivrest, bond » woed after a sufficient ansual
whith said orders lociode, one of tax has been fevied to provide for the
E8443 48, given for cost of buliding of payment of the intersst and principal
two bridges. one on Lang avenne and of the bond, and that the indebtedness
one on Mees avenue, the boaded in. of the Borough is pot in exces of the
dettedinem of the Borough of Patton constitationsl limitation, and that all
bee increased in the wim of Seven Acts necessary to the valid isang and
Thoussnd Dollars authorization of the bonds have been
Sep. 3 That to secunt said indebted. performed.
tens the President of Council, the Bor | To witness whernof, the President of
tems, snd the Secretary of the Boroagh Council, snd the Burgess of the said
of Fattou are bereby authorized to Borough of Patton, bave hereunto
cause to be prepared ind to exscnte affixed their signatores, and tbe Bor.
and sell ab not less than par, coupon ough Secretary has atlested the same
interest. bearing bonds, issued in the and bas affized hereunto the corporate
name of the said Borvogh of Patton, seal of the said Borough, this the 15h
numbered from one to fourteen inclu. day of April, &. D. 1903.
sive, for the som of Ave bandred dol J. J. Donxgriy,
lars wach, bearing interest af four per Fresident of Coaneil.
em of She. Patton Borough, do hereby eeriily hab ent, payable nemi-annially, dated the | Attest:
Heh day of April, 1903, matoriog the En, 8 Moore,
counts of the Borough, for the year 15th day of April, A. B. 1923, but re. Secratary.
(ending March Ist, 1903, and find the ie afiy time after ten years from Daxter M. Hanprs,
same to be true 1o Lhe best of our fate, at option of the Borough. Said Bargess of Patton Borough.
knowledge and belief, a honds to be sold “tax free’ the Bor.
A BE TAX SFL i M. B. Cownen, ough of Patton paying or causing to! Coupon,
- A MELLON, 1 ouid at its own proper cost and ex. Coupon No, Bond No. om
Evw. Hosren peose, al such lime or Limes as they | The Sarough of Patton, Pennsyiva-
severally betome due and payable, all nid will pay to the bearer, the sum of
is : Ofdinance No. 69. Stata, Ai municipal or other tax- ten uy. the Baniking Houses of
$3 An ordinance repealing Ordinance es, as may be hereafter levied and col. Jose, Parker and C ‘ompany, of Boston,
I No. 88 of the Borough of Patton, enti. lected on sald lwne of bonds or any of | Massachusetts, it being the interest for
“tied “An ordinance sathorizing the them, or as shall be levied or collected six months on bond No, for five
issue and sale of Borough bonds to the from the holders thereof by reason of handred dollars, issued April 15th, A.
Amount of Beven Thousand Dollars, in the same antl matority, or ootil such Doss.
| pursuance to Borough election held the time as they shall be redeemed by the | En. 8 Moone,
PATE
{4th day of November, A. D, 1902, and Borough of Patton, Secretary.
Hevying an anntal tax for the payment Said bonds, except aa to somber, the | | Dasimt M. Harper,
of the same,” and authorizing the issue sama being numbered from one to Biirgomm.
Land sale of Borough bonds to the fourteen inclosive, shall be of the fol. Section 4. That for the purpose of
{amount of Seven Thousand Dollars, lowiog form: complying with the provisions of the
| pursannt to Boroogh election held Form of Bond Act of Amembly approved the 20th day
| November 4th, A.D. 1902, levying an No ooo $500.00 of April, A. DD. 1874, and ita supple-
sonal tax for pavment of the same, Us nited 1 States of America, ments, there is hereby levied and as
‘and providing for the application of Connty of Cambria, sessed upon all the property, real and
1 at sues a | HP® proceeds of said loan. State of Pennsylvania, | personal, of sald Borough of Patton,
wine oem | Whereas, At an election duly held For value repsived, the Borough of subject to taxation for Borough par.
8 [the 4th day of November A. D. 1902, Patton, County of Cambria and State poses, an annual tax of Six Hundred
: axe oT SEWES 1x0 | pursuant to Ordinance No. 67, adopted of Pennsylvania, acknowledges itself and Thirty Dollars, which levy and as
ie : September 15th, A. D. 1902, an increase indebted and promises to pay to Joe, | sessment, in our judgment, will be suf-
54 10 | of bonded indebtedness of said Borough Parker and Company, of Boston, Mass. ficlent for, and the proceeds of which
Lo lof Patton in the amount of Seven or bearer, the sam of Five Hundred shall be applied exclusively to, the pay-
| Thousand Dollars was auothorized for Doliars lawful money of the United ment of interest and principal of said
B®
= 0 i the purpose of paying off and cancell- | States of America, on the 15th day of bonds bereby amthorized as the sume
ASE
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