Ordinances of the Mayor, Aldermen and Commonalty of the City of New York

ing five per cent. per annum, payable quarterly, and redeemable as follows: fifty thousand dollars on the 1st day of November, 1867, fifty thousand dollars on the 1st day of November, 1868, fifty thousand dol lars on the 1st day of November, 1869, fifty thousand dollars on the 1st day of November, 1870, fifty thousand dollars on the 1st day of November, 1871, and fifty thousand dollars on the 1st day of November, 1872.

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

83. The Comptroller is hereby authorized to advertise for proposals for the said stock. The proposals so to be received, shall be opened in the presence of the Finance Committees of both Boards, and 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 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 The New York City Five per cent. Stock for Docks and Slips."

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 to be loaned by virtue of this ordinance shall be applied to, and expended for, the purpose of building and repairing public docks and slips in the city of New York.

27. 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 22d, 1844, so far as the same can be applied to the stock hereby created, shall be applied to the

same.

An Ordinance to create a public stock, or fund, to be called "The New York City Five per cent. Stock for Docks and Slips."-(Passed. May 20, 1852.)

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 "The New York City Five

per cent. Stock for Docks and Slips," shall be created for a loan of two hundred thousand dollars, which shall bear an interest, not exceeding five per cent. per annum, payable quarter-yearly, and redeemable as follows: fifty thousand dollars on the first day of November, 1873; fifty thousand dollars on the first day of November, 1874; fifty thousand dollars on the first day of November, 1875, and fifty thousand dollars on the first day of November, 1876.

2. The Comptroller is hereby authorized to advertise for proposals for said stock. The proposals, so to be received, shall be opened in the presence of the Finance Committees of both Boards and the Comptroller, who shall determine which and what proportion of such proposals shall be accepted.

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

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 with the City Treasurer, for the account of "The New York Five per cent. Stock for Docks and Slips."

5. The said certificates 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 purpose of building and repairing docks and slips in the city of New York.

27. The provision 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 applied to the same.

Of "Building Loan Stock No. 4."

An Ordinance to create a public stock, or fund, to be called "Building Loan Stock No. 4."-(Passed May 12, 1853.)

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

21. A public stock, or fund, to be called "Building Loan Stock No. 4,"

shall be created, for a loan not exceeding seventy-five thousand dollars, which shall bear an interest not exceeding six per cent. per annum, payable quarterly, and shall be redeemable on the first day of November, 1873.

2. The said stock shall consist of seven hundred and fifty shares ; 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 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 in the city treasury, for the account of "Building Loan Stock No. 4."

5. The said certificates 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 raised by virtue of this ordinance shall be applied to, and expended for, the purpose of building or erecting the south wing of the new work-house on Blackwell's Island, and the Comptroller shall keep a separate and distinct account of such moneys received and paid on account of said stock and building.

7. The provisions of the ordinance entitled "An ordinance provid ing for the redemption of the city debt, and payment of interest thereon,” approved by the Mayor, February 22d, 1844, so far as the same can apply 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. 4."

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. 4," shall be created for a loan not exceeding forty thousand dollars, which shall bear an interest not exceeding five per cent. per annum, payable quarter-yearly, and shall be redeemable on the first day of November, 1873.

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

3. The Comptroller is hereby authorized to advertise for proposals for the said stock; the proposals so to be received, shall be opened in the presence of the Commissioners of the Sinking Fund, who shall 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 in the City Treasury for the account of "Building Loan Stock No. 4."

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 raised by virtue of this ordinance shall be applied to, and expended for, the purpose of completing the south wing of the work-house building on Blackwell's Island.

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 apply to the stock hereby created, shall be applicable to the same.

Of "The Public Education Stock for the year one thousand eight hundred and fifty-three."

An Ordinance to create a public stock or fund, to be called "The Public Education Stock of the city of New York for the year one thousand eight hundred and fifty-three."-(Passed March 9, 1854).

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

21. A public stock or fund, to be called "The Public Education Stock of the city of New York, for the year one thousand eight hundred and fifty-three," shall be created for a loan not exceeding one hundred and fifty-four thousand dollars, which shall bear an interest of five per cent. per annum, and shall be redeemable on the first day of May, one thousand eight hundred and seventy-three.

2. The said stock shall consist of one thousand five hundred and forty shares; 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 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 "Public Education Stock of the city of New York, of the year one thousand eight hundred and fifty-three."

26. The moneys to be raised by virtue of this ordinance shall be applied and expended for the purpose of paying and discharging all the debts of the Public School Society, as certified by the Board of Supervisors, and filed with the Comptroller of the city.

27. 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, as far as the same can be applied to the stock hereby created, shall be applicable to the

same.

Of "The Central Park Fund."

An Ordinance to create funds for the payment of the public place entitled "The Central Park."-(Passed February 29, 1856).

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

1. So much of that piece or parcel of land bounded southerly by Fifty-ninth street; easterly by the Fifth avenue; northerly by One hundred and sixth street, and westerly by the Eighth avenue, as is specially described or referred to in the order for the confirmation of the proceedings of the Commissioners of Estimate and Assessment for taking the same, made by the Supreme Court, and dated the fifth day of February, 1856, shall hereafter be known and entitled as The Central Park."

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