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cepted, provided the par value of such stock, together with any premium to be given there for, shall have been deposited in the city treasury for the account of "The Croton Water Stock."

5. The said certificates shall be in conformity with the resolution of the Common Council, passed on the 7th day of August, 1835, and shall be signed by the Comptroller, and be countersigned by the Mayor.

6. The moneys to be raised by virtue of this ordinance shall be ap plied to, and expended for, the purpose of reimbursing the treasury of the city of New York, the amounts advanced for extending water pipes (mains) in said city, for the distribution of the Croton water, and for the further extension of the same.

8 7. The provisions of an ordinance entitled "An ordinance providing for the redemption of the city debt, and the payment of the interest thereon," approved by the Mayor, February 22, 1844, so far as the same can apply to the stock hereby created, shall be applicable to the

same.

Of "Building Loan Stock No. 2."

An Ordinance to create a public stock or fund, to be called "Building Loan Stock No. 2."—(Passed Nov. 24, 1845).

The Mayor, Aldermen and Commonalty of the City of New York in Common Council convened, do ordain as follows:

1. A public fund or stock, to be called "Building Loan Stock No. 2," shall be created for a loan of one hundred and fifty thousand dollars, which shall bear an interest not exceeding six per centum per annum payable quarterly, and be redeemable as follows, to wit: fifty thousand dollars on the first day of February, one thousand eight hundred and fortynine; fifty thousand dollars on the first day of February, one thousand eight hundred and fifty, and fifty thousand dollars on the first day of February, one thousand eight hundred and fifty-one.

2. The said stock shall consist of fifteen hundred shares, and the nominal value of each share shall be one hundred dollars.

23. The Comptroller is hereby authorized, with the assent of the Finance Committees of both Boards of the Common Council, to advertise for proposals for the whole or any portion of the said stock; the proposals so to be received shall be opened in the presence of said committees,

who, with the Comptroller, shall determine which, and what proportion of such proposals shall be accepted.

4. The Comptroller shall issue certificates of stock to the person or persons, company or companies, whose proposals shall have been so accepted; provided the par value of such stock, together with any premium to be given therefor, shall have been deposited into the city treasury for the account of " Building Loan Stock No. 2."

5. The said certificates shall be made in conformity with the resolution of the Common Council, passed on the seventh day of August, one thousand eight hundred and thirty-five, and shall be signed by the Comptroller, and be countersigned by the Mayor.

6. The money to be loaned by virtue of this ordinance shall be applied to, and expended for, the erection of the buildings known as the Nurseries and Alms-house; and the Comptroller shall keep a separate and distinct account of such money received and paid on account of said stock and building.

7. The provisions of the ordinance entitled "An ordinance providing for the redemption of the City Debt, and the payment of the interest thereon," approved by the Mayor, February 22, 1844, so far as the same can be applied to the stock hereby created, shall be applicable to the

same.

An Ordinance to create a public stock or fund, to be called "Building Loan Stock, No. 2.”—(Passed June 23, 1847).

The Mayor, Aldermen and Commonalty of the City of New York, in Common Council convened, do ordain as follows:

1. A public fund or stock to be called "Building Loan Stock No. 2," shall be created for a loan of one hundred thousand dollars, which shall bear an interest not exceeding six per cent. per annum, payable quarterly, and be redeemable as follows: Fifty thousand dollars on the first day of February, 1852, and fifty thousand dollars on the first day of February, 1853.

2. The said stock shall consist of one thousand shares, and the nominal value of each share shall be one hundred dollars.

3. The Comptroller is hereby authorized, with the assent of the Finance Committees of both Boards of the Common Council, to advertise

for proposals for the whole or any portion of said stock, the proposals so to be received shall be opened in the presence of the said committees, who, with the Comptroller, shall determine which, and what proportions of such proposals shall be accepted.

24. The Comptroller shall issue certificates of stock to the person or persons, company or companies, whose proposals shall have been accepted, provided the par value of such stock, together with any premium to be given therefor, shall have been deposited into the city treasury for the account of "Building Loan Stock No. 2."

25. The said certificate shall be made in conformity with the resolution of the Common Council, passed on the 7th day of August, 1835, and shall be signed by the Comptroller, and countersigned by the Mayor.

6. The money to be loaned by virtue of this Ordinance, shall be applied to and expended for the erection of buildings to be known as the Nurseries and the Mad House, and for the extension of the Lunatic Asylum, and the Comptroller shall keep a separate and distinct account of such money received and paid on account of said stock and buildings.

7. The provisions of the ordinance entitled "An ordinance, providing for the redemption of the City Debt, and the payment of interest thereon," approved by the Mayor, February 22, 1844, so far as the same can be applied to the stock hereby created, shall be applicable to the

same.

An Ordinance to create a public stock or fund, to be called "Building Loan Stock No. 2."-(Passed June 17, 1848).

The Mayor, Aldermen and Commonalty of the city of New York, in Common Council convened, do ordain as follows:

1. A public fund or stock, to be called "Building Loan Stock No. 2," shall be created, for a loan not exceeding one hundred thousand dollars, which shall bear an interest not exceeding six per cent. per annum, payable quarterly, and be redeemable as follows: Fifty thousand dollars on the first day of February, 1854, and fifty thousand dollars on the first day of February, 1855.

2. The said stock shall consist of one thousand shares, and the nominal value of each share shall be one hundred dollars.

23. The Commissioners of the Sinking Fund are hereby authorized

to advertise for proposals for the whole or any portion of said stock, and determine which and what proportions of such proposals shall be accepted.

4. The Comptroller shall issue certificates of stock to the person or persons, company or companies, whose proposals shall have been accepted, provided the par value of such stock, together with any premium to be given therefor, shall have been deposited into the city treasury for the account of "Building Loan Stock No. 2."

5. The said certificates shall be made in conformity with the resolution of the Common Council, passed on the seventh day of August, 1835, and shall be signed by the Comptroller, and countersigned by the Mayor.

6. The money so to be loaned by virtue of this ordinance, shall be applied to, and expended for, the erection of buildings, to be known as the Nurseries and the Mad-house, and for the extension of the Lunatic Asylum; and the Comptroller shall keep a separate and distinct account of such money received and paid on account of said stock and buildings.

87. The provisions of the ordinance entitled "An ordinance providing for the redemption of the City Debt, and payment of interest thereon," approved by the Mayor, February 22, 1844, as far as the same can apply to the stock hereby created, shall be applicable to the same.

An Ordinance to create a public fund or stock, to be called "Building Loan Stock No. 2."—(Passed January 26, 1849).

The Mayor, Aldermen and Commonalty of the city of New York, in Common Council convened, do ordain as follows:

1. A public fund or stock, to be called "Building Loan Stock No. 2," shall be created for a loan not exceeding fifty thousand dollars which shall bear an interest not exceeding six per cent. per annum, payable quarterly, and be redeemable on the first day of February, 1856.

2. The said stock shall consist of five hundred shares, and the nominal value of each share shall be one hundred dollars.

3. The Commissioners of the Sinking Fund are hereby authorized to advertise for proposals for the whole or any portion of said stock, and determine which and what proportion of such proposals shall be accepted.

24. The Comptroller shall issue certificates of stock to the person or

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persons, company or companies, whose proposals shall have been accepted, provided the par value of such stock, together with any premium to be given therefor, shall have been deposited into the city treasury for the account of "Building Loan Stock No. 2."

5. The said certificates shall be made in conformity with the resolution of the Common Council, passed on the seventh day of August, 1835, and shall be signed by the Comptroller, and countersigned by the Mayor.

26. The money so to be loaned by virtue of this ordinance, shall be applied to, and expended for, the extension of the Lunatic Asylum, and for the erection of buildings to be known as the Nurseries and the Madhouse, and other almshouse buildings, including the Penitentiary Hospital; and the Comptroller shall keep a separate and distinct account of such money received and paid on account of said stock and buildings.

27. The provisions of an ordinance entitled "An ordinance providing for the redemption of the City Debt, and the payment of interest thereon," approved by the Mayor, February 22, 1844, as far as the same can be applied to the stock hereby created, shall be applicable to the

same.

Of "Washington Square Iron Railing Stock."

An Ordinance to create a public fund or stock, to be called "Washington square Iron Railing Stock."-(Passed November 1, 1848.)

The Mayor, Aldermen and Commonalty of the city of New York, in Common Council convened, do ordain as follows:

1. A public fund or stock, to be called "Washington square Iron Railing Stock," shall be created for a loan not exceeding twenty-five thousand dollars. which shall bear an interest not exceeding six per cent. per annum, payable quarterly, and be redeemable as follows, viz: Five thousand dollars in one year; five thousand dollars in two years; five thousand dollars in three years; five thousand dollars in four years; the remaining five thousand dollars in five years; each period to be reckoned from the day on which said stock bears date.

2. The said stock shall consist of two hundred and fifty shares, and the nominal value of each share shall be one hundred dollars.

23. The Commissioners of the Sinking Fund are hereby authorized to sell and dispose of such shares at public auction, or at private sale, or by subscription to such stock, and on such terms as they shail think proper.

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