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Session Laws, 1920
Volume 539, Page 59   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 59

of Cumberland being hereby empowered to call such special
election for the purposes herein set forth), the voters of the
City of Cumberland by a majority shall decide that said bonds
shall issue; and there shall be placed upon the ballot used at
said general election, or at said special election if called as
aforesaid, the words "For General "Improvement Bonds." and
the words, "Against General Improvement Bonds." If the
majority of the voters shall vote for the bonds, said bonds
shall issue, and if a majority of said voters shall vote against
the issuance of said bonds, the said Mayor and City Council
may again submit the question, when in their judgment they
think proper, at any time within three years from the date of
the passage of this Act. If the majority of the voters shall
vote at any election, on said question, for the issuance of said
bonds, the Mayor and City Council of Cumberland shall cause
an advertisement to be inserted in at least two daily news-
papers of the City of Cumberland once a week for not less
than four consecutive weeks, asking bids on said bonds, and
stating time and place when and where said bids will be
opened. The said bids shall be filed with the City Clerk of
the City of Cumberland and at the time advertised shall be
opened by him in the presence of the Mayor and City Coun-
cil of Cumberland in public meeting, and if the said bids are
satisfactory, the Mayor and City Council shall sell the said
bonds to the highest bidder or bidders. The Mayor and City
Council of Cumberland may, if in their opinion the bids are
insufficient or unsatisfactory or for any reason refuse any and
all bids and may readvertise for further bids as above speci-
fied, from time to time until all of said bonds are sold, and
not more than five hundred thousand ($500,000.00) dollars of
said bonds may be sold and issued before April 1st, 1921, and
not more than two hundred and fifty thousand ($250.000.00)
dollars additional said bonds may be sold before April 1st,
1922, and the remaining two hundred and fifty thousand
($250,000.00) dollars may not be sold and issued before
April 1st, 1923.

SEC. 2. And be it enacted, That upon the issuance of said
bonds, the amount of money so received therefor shall be
placed in a fund and used by the Mayor and City Council in
paving and repaving such streets and alleys, laying or con-
structing sewers, grading, regrading, curbing, recurbing, open-
ing, widening and laying out streets and public places as they

 

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Session Laws, 1920
Volume 539, Page 59   View pdf image (33K)
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