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~u~e 2! ~ tgst
<br />
<br /> (~r. ~ith excused from further attendance)
<br /> The City &ttornoy ~presented the following ordin~nce:
<br /> '~' "' AN 01~DIN~NCE AUTHORIZING THE ISSUANCE
<br />0F ~200,000.00 OF RED~PTION BONDS, FOR ~TPSE ,CITY 0F PORTSMOUTH, VIRGINI~, MAKING PROVISION
<br />FOR T~ ~wO~ OF SAID BOI~UDS, AND FOR THE PA~I~ THEREOF.
<br />
<br /> On motion' of Mr. ?~hite, seconded by ~. H~tchins, the ordinance was placed on its
<br />first remding, and by the following vote:
<br /> Ayes-- Brooks, ~tchin~s; SteWart ~(J.R. ),
<br /> Stews~t (R.E.B.), V~hite, 5,
<br />
<br />"June 24, 1924~
<br />
<br />Monor~ble City Co~tucit,
<br />Portsmouth, Virginia.
<br />
<br />Gentlemen:
<br /> I am herewith enclosing a certified copy of an"order'of the CoUrt of Hustings
<br />for the ~mty of Portsmouth entered on the l~th'day of ~une, 19SA, c~_tmmymng the results cf
<br />the election held on the 18th d~y of~y, 192~, on the question of issuing ~2O0;00G~00 of
<br />bonds to pa~v certain outstanding indebtedness incurred in purchasing the v~ter system ~md
<br />to pay the costs of certain improvements to the ~s~em, ~2 votes were cast in favor of
<br />the issue and 20~ votes agminst the issue. ~he city is authorized to issue the bonds.
<br />am inclosing mn ordins~nce for that p~pose.
<br />
<br />Yours very truly,
<br />
<br /> R. C. BA~RCI~T, OityAttJrney."
<br />
<br />The following is the Order of CoUrt:
<br />
<br />VirGInia: ~ the Court of Hustings for the City of Portsmouth, held on the 14th day of
<br /> June, 1924;
<br />
<br />In the ~J~tter of the issuance )
<br />of ~ater Bonds
<br /> )
<br />
<br /> This day ca~e P, 0. Hut~hins, A. J. Talbo~ and L. A. ~atson~ three of ~e Gon~issEoners Of
<br />Election, s~lopointed by the Electoral Board of the City of Portsmouth, Virgi~im, to canvas the
<br />bmllot~ mnd election returns of the election held in the City of Porte-mouth, Virginia, on'the
<br />iOth~day of June, 1924, pursuant to an order ~f~this Court entered on the 16%h d~y
<br />1924, for determining the question whether $250,000, of bonds sh~ll be issued in conformity
<br />with ~n ordinance of the City of Portsmouth, adopted by the Council ef said CityM~y 15, I924,
<br />the object for the issuance of said bonds being "to pa~v Certain outstanding ~ndebt6dness ~n-~
<br />cuffed in the purchmse of the City system of water works, and to pay the c0s~s of ~xtensions,
<br />betterments and 'improvements to said w~ter system," and presented te the C~t their certificate
<br />of the qualified votes c~st at said election, as follows:
<br />
<br /> For bond issue were cast five hundred ~nd seventy-two votes.
<br />
<br /> Against bond issue ~ere cmst two hundred and four votes.
<br />
<br /> On consideration whereof, it is ordered~th~t the s~id certificate of election returns
<br /> he filed in the Glerk's Office of this Court, sm~d that it is here entered of record as the
<br /> result of ~i~ 6~tion theft a mjority of s~id qttslified 'v~ were cast "For Bond Issue,"
<br />~r d it is further ordered t~t the C~erk of this co~t de forthwith certify a copy of this
<br /> der ~o t~e Council of the City cf ~ortsmouth, wBo sh~ll be thereupon fully a~tE0rized and
<br /> empowered to pre~s~re~ sell and negotiate said bonds upon the fa£th, credit ~nd property of
<br /> said municipali~ty in the ~s~ount as authorized,
<br />
<br />A copy,
<br />
<br />Test~: E. Thompson, Clerk."
<br />
<br /> The following is the ordinance:
<br /> AN ORDINANCE TO AUTHORIZE THE ISSUE OF T~O RUNDBE~ AND
<br />~LWTY T~0UE~ DOLL~!S 0F B0~S T0 BE ~0~ AS "~ATER B0~S" ~ T0 ~CTION 1~, C~USE
<br />"B" 0F T~ COEETi~TION ~ V~GINIA, ~CTION ~l 0F T~'C0~ 0F V~G~IA 1919, ~ ~ ACT
<br />0F T~ GR~P~L AM~LT 0F V~GII~, A~R0~ ~RCH 16th, 1918, E~ITV.~, "~ ACT T0 AUTHORI~
<br />T~ COUNCILq 0F T~ ~ CITES 0R ~S ~ T~ STYE TO ISlE B0~S F0~ ~Y 0F ~
<br />~ 0TP~ S~CIFI~ U~~G ~0~ ?~HICH T~ OI~ 0R T0%%~ ~Y D~I~ A ~, ~RSU~ T0
<br />8EOTION 0~ ~ED ~ T~Y-S~M B 0F T~ CONSTITL~IOE 0F V~G~," ~D U~R AUTHOR~Y
<br />O~ ~ vo~ 0F T~ Q~A~ V~ERS 0F TP~ C~Y 0F P0~0D~H .~ T~ GE~P~L ~CTION ~
<br />cN T~ 10th D~Y 0F ~2~, 1924~
<br />
<br /> On motion of Er. ~nite, seconded by Er. Hutchins, the ordinance w~s placed on its first
<br />reading, and by the following vote:
<br /> ~yes-- Brooks, Hutchins~ Stewart ~(J.R.),
<br /> Stewart (R.E.B.), ~hite, ~
<br />
<br />On motion, mdjourned,
<br />
<br />
<br />
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