Public Law 236.
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(/us/pl/74/235).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Anchorage, Alaska.Bond issue; purposes; aggregate amount. That the incorporated city of Anchorage, Territory of Alaska, is hereby authorized and empowered to construct a municipal building and purchase and install a modern telephone exchange, and for such purposes to issue bonds in any amount not exceeding the sum of $75,000. Sec. 2.Special election.
Before said bonds shall be issued a special election shall be ordered by the common council of the said city of Anchorage, Alaska, at which election the question of whether such bonds shall 515be issued in the amount above specified for the purpose hereinbefore set forth shall be submitted to the qualified electors of said city of Anchorage, Alaska, whose names appear on the last assessment roll of said city for purposes of municipal taxation. The form Ballot.of the ballot shall be such that the electors may vote for or against the issuance of bonds for the purposes herein specified up to the amount herein authorized.
Not less than twenty days’ notice of such Notice.election shall be given to the public by posting notices of same in three conspicuous places within the corporate limits of the city of Anchorage, Alaska, one of which shall be at the front door of the United States post office at Anchorage, Alaska. The election notice Statement in.shall specifically state the amount of bonds proposed to be issued for the purpose herein specified. The registration for such election, Registration for election; canvass of returns.the manner of conducting the same, and the canvass of the returns of said election shall be, as nearly as practicable, in accordance with the requirements of law in general or special elections in said municipality; and such bonds shall be issued for the purposes herein authorized only upon condition that not less than a majority of the votes cast at such election in said municipality shall be in favor of the issuance of said bonds for such purpose.
Sec. 3. The bonds herein authorized shall be coupon in form Bonds; form; maturity date.and shall mature in not to exceed thirty years from the date thereof. Such bonds may bear such date or dates, may be in such denomination Denominations.or denominations, may mature in such amounts and at such time or times, not exceeding thirty years from the date thereof, may be payable in such medium of payment and at such place or places, may be sold at either public or private sale, may be nonredeemable or redeemable Registration privileges.(either with or without premium), and may carry such registration privileges as to either principal and interest, or principal only, as shall be prescribed by the common council of said city of Anchorage.
The bonds shall bear the signatures of the mayor and of the Signatures.clerk of the city of Anchorage, and shall have impressed thereon the official seal of said municipality. The coupons to be annexed to Coupons.such bonds shall bear the facsimile signatures of the mayor and of the clerk of said municipality. In case any of the officers whose Validity of signatures.signatures or countersignatures appear on the bonds shall cease to be such officers before delivery of such bonds, said signatures or counter-signatures, whether manual or facsimile, shall nevertheless be valid and sufficient for all purposes, the same as if said officers had remained in office until such delivery.
Said bonds shall bear interest Bonds; interest rate.at a rate to be fixed by the common council of the city of Anchorage, not to exceed, however, 6 per centum per annum, payable semi-annually, and said bonds shall be sold at not less than the principal amount plus accrued interest. Sec. 4. The bonds herein authorized to be issued shall be general Issue; payment.obligations of the city of Anchorage, Territory of Alaska, payable as to both interest and principal from ad valorem taxes which shall be levied upon all of the taxable property within the corporate limits of such municipality in an amount sufficient to pay the interest on and the principal of such bonds as and when the same become due and payable.
Sec. 5. No part of the funds arising from the sale of said bonds Funds from sale of; restriction on other uses.shall be used for any purpose or purposes other than those specified in this Act. Said bonds shall be sold only when and in such amounts as the common council of the city of Anchorage shall direct; and the proceeds thereof shall be distributed only for the purposes hereinbefore mentioned and under the orders and direction of said common council from time to time as such proceeds may be required for said purposes. 516 Sec. 6.Contracts for sale of bonds.
The city of Anchorage is hereby authorized to enter into contracts with the United States of America or any agency or instrumentality thereof under the provisions of the National Industrial Recovery Act and Acts amendatory thereof and Acts supplemental thereto, and revisions thereof, and the regulations made in pursuance thereof, and under any further Acts of the Congress of the United States to encourage public works, for the relief of unemployment, or for any other public purpose, including the Emergency Relief Appropriation Act of 1935, for the sale of bonds issued in accordance with the provisions of this Act, or for the acceptance of a grant of money to aid said municipality in financing any public works; or to enter into contracts with any persons or corporations, public or private, Terms and conditions.for the sale of such bonds; and such contracts may contain such terms and conditions as may be agreed upon by and between the common council of said city of Anchorage and the United States of America or any agency or instrumentality thereof, or any such purchaser.
Sec. 7. This Act shall take effect immediately. Approved, August 3, 1935. Temporarily to exempt refunding bonds of the Government of Puerto Rico from the limitation of public indebtedness under the Organic Act. 1935-08-03 435 Chapter 49 Stat. 516 74 1 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2025-01-07 public [CHAPTER 435.] AN ACT Temporarily to exempt refunding bonds of the Government of Puerto Rico from the limitation of public indebtedness under the Organic Act.
August 3, 1935.[[H. R. 8209](/us/bill/74/hr/8209).][[Public, No. 236](/us/pl/74/236).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Puerto Rico; bonds.Exemption from inclusion In computing public indebtedness. That any bonds or other obligations of Puerto Rico hereafter issued for the purpose of retiring previously outstanding bonds or obligations shall not be included in computing the public indebtedness of Puerto Rico under Vol. 39, p. 953.[U.
S. C., p. 2163](/us/usc/2163).section 3 of the Organic Act approved March 2, 1917, as amended, until six months after their issue. Approved, August 3, 1935. To enable the Legislature of the Territory of Hawaii to authorize the issuance of certain bonds, and for other purposes. 1935-08-03 436 Chapter 49 Stat. 516 74 1 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
Digitization Vendor 2025-01-07 public [CHAPTER 436.] AN ACT To enable the Legislature of the Territory of Hawaii to authorize the issuance of certain bonds, and for other purposes. August 3, 1935.[[H. R. 8270](/us/bill/74/hr/8270).][
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