HomeMy WebLinkAbout02-19-1941 Regular Meeting.11W
MINUTFS OF j. IND—STING OF TRY
T0711T COUNCIL OF 'nil TOral OF
F1IRHOPZ2 ALAB,,,MA9 MELD ON
mr�w,'-,Ry Igo 1941.
The ToNm, Coinioil of the Tomm of Fatrho,,,e, Alabama,
met st the re!!jilar pInce of meeting on February 19, 19419
/1 -7
at 1, ',1 O o'clock, :F—. R1s, for the plarpose of acting
as a bo6rd of canv,-ssers to cenvies the r-.-turns of an
election held in, s.-,Ad town o,- Febru;F�.ry 18, 1941, and de-
olaring, the result is of sell electic;n, which election was
held for the vurpose or vozing.-, upon and determining
�.,hether or not st"id torn should issue on its credit
033,4C4 prIncl. 6.1 amount of Its gene:m-1 oblig-tirm bonds
for the il.r,loee of �;roviding funds for the payment of
certain 5� mortgage aote 2. her tofore issued by s -4 d
torn in the acc,ulsition of end bevulrv.'d by iriortg;*:g.es on
unit,,,j or the nunict al electric light plant of said
to-,:,,,,n. Said rateting, was held or-1 this &,Ae as reruircd
by Icw and purmant to Vhe following notice thereof
,-md consent thAretol
ZIOTICE 01f, �_'PECIAL :'a-J11TI� IG
TO Thl la-MBER-'- OF THE TOM COUNCIL
OF TIM, TICV11 OF Fh1RHO?L.q ALABAMAt
In riq opinion. the lavs of Alab.7va and the
publio business require thnt a c.peclal ntepting
of the Tom Counoil of the Toren of Psirhoi,e,
Alabameo, be held and I do her -by e,.,.11 end give
notice of such special meeting to be held sat
the rr+ T -- ;r%
-.a; lace of -eetlzn� or. Februinry 19,
1941, at 0 otcloc!cs V - M.0 for the
1-A
_,utr ose of noting I as a board of canvesc-ers to
canvass the returns of an election held in said
torn on the 18th day of February, 1941, and de-
claring the results of said election, which elec-
tion was held for the purpose of voting u on and
determining: whether or not said torm should ipsue
on its credit $33,000 princiial amount of its
general obligation bonds for the .-,ur,ose of :..ro-
vidinp funds for payment of certain 5% mortgace
notes hereto fore issued by said. tov.s in the ac-
quisition oi' and secured by 11ortgages on units
of the i,unici,-?al light .-'Aant of said to%u, and
for tt e �.,u_r ose of taking all stePs as may be
necessary tc that end#,
Dated this l8th d8y of February, 1941.
A.ayor
CANS SST TO 1, =,_4DQ
The untersigned constitlAing, all of the
members of the Tawm Council of the Tewn of
IPairhoge, JUabama# hereby ackno;aledge recei t
of a co of the forego
ing notice and call of
a sr'ecial meetin{, and hereby consent to the
holding of said meeting on the date and at the
time and ,,.lace therein specified.
The following, rare present: Howard Rupe, the Taayor, und the
fol'loving members of the to,t%,n council: Messrs* aj_
and
the folloAngr members c,,f the town council were absent'.
Pvalyn Berglin, the tov-.n clerk, was also
ont and acted as clerk of the meeting, The mayor resided
and announced that the meetinF, was o an for the transaction
of business.
�)resented to the rie,ting the fol-
lowing resolution Ohich was then considered:
w2�
lklll'h116* at a meeting of the Town Council of the
Ten of Fairhoptt,, Aims. ira , held on. January 13, 1941, an
ord1n,mce .,,,v7 duly adopted providing. for the submscion
to the qualified electors of tm,,-nj, at an election
then called to bo held in s.,Ad toy°m on Februeiy 18,
1941, the t_�'JL Of whether or riot said toytm should
be authorized to issue $3.3,,0,- .;> principal amount- of its
general oblig,-.tLo;:3 bonds.,to bear intev,)st at a rate not
exceeding 3% pe:- annura, ptiyatle semi-annually., and for
the ur:poso of ;irovidinC, funds for the payment of oer-
Vain op nortg',,i,;,,� notes ther tofore, issued by s��id town
is the acquieli-ion of and secured by mortgages on Lnit-
of the municipal light plant ot P,,ii . d tm,,n; and
WHER""IS, the followinS notice of said election
4yias tublished in the Fairho- t e Courier, a nev. ;spRper of gen-
1
oral circuation in nd ,ub .1shad _.!-'a s'aid toi.vn, in the is-
sues a�
sues of that ne,�;.paper pub' - is4ed -In Janu,�iry 16,, 1941#
January 2.'5. and January 30.. 19411
NUTIck OF SPECIAL MUINICIPAL
BONI) IS,-UE ELECTION
Notieft io hereby given that a spuoial munici-
pal eloeti..)n will be, held in the To-,�in of Fairhope,
Alabroqia,s a'; the munici i al hall on the 18th day of
Feb ruq.zv,, :'�'9410 bet; �:een the hours of a A*. and
5 P. fo:- the purpose of subLaitting to the oleo -
tors of th Town of Fairhope,, Alabama, the question
of whether or not the Tovm of Fai,,
arhoDe. Alab'.1,aj,
�?3
sh.'l issuo and sell VA to of general obligation
bond:, to lie dated Janucry 1, 19-11j, iii denomiaatiork
Of $1000 e,,,oh, and to bie payables
�5tOJO
January
19
194?
5,000
Zanuary
19
1943,
5r0O)
January
1,
1944
61,000
January
is
1945
arO00
:,3n u.-a ry
ls
1945
61,000
Tanuary
10
1947
Such bonds to draw lntc*.-rs_t it ,,-lot.- to e, reed three
percent per annum, payable on July
lat and Tanuary ist of each -.vre r, and to be evi-
denood by coupons attached to such bonds; such
bond > to be issued for the urpose of
x
for the payment of launici, til five perce�nt mort-
gage notes issued by tho Town of Fairho e June
11, 1937 and Tanuary 1. 1944, securod by
gages Oil unit& of the mniclpal light plant,
�3_
The officers appoint-d to hold such election
and to cran7,r, ss and r rtu ryn the r;, sialts the r��of a ret
Co 11. Brudy,, gas. i�-.spector
To r, liodget as inspector
A* L. Stearns, as inspector
11s, A.* Grastsfield, ao clerk
il ' A.* Ido ii,4ershon, as clerk
G. Mi,iler, a�- r,-.turninir i. -, officer
Witness this the l4tIl day of JFziu&my,, 1941*
Hoiv,Inl. E�uge,
and
the Inspector z or -.,fianagers appointod by
t1l',Le town, council -L'or Vie urpose of conducting the sz-.id
election have duly made and f iled with the tovm. council
tileir report, r---,turn and certificate as to the r.--,.-,uItC- of
scid election, which report, r,-.turn and certificalk;c, sho-v.s
the f911owir4g resuits: There w�_re cat at saidL election
A�absentee ballots, of which J(,&/Mvere votes for
and issue and lli"erc, votes against said bond
issue beine, a -aujorIVy—of 11tv votes cast in f-_=,,vor
of sId bond at the Ming place held in the
re
munict al h 11 in S:,Id tOM �u wc thor. _!past fit such
election ballots, of which Sf wero votev
cast for bond issue and 0 rovers votc,--. cF-.F,.t
I
at��,,Inbt s�,id, bond isSue,, be a muJority of
vote.,, cast in favor of s id bond Isoue; and
it appeam that the said reports return
and certific:-,te is pm.=er in all re;�peats and it further
appezar� th--refroiizi tiitat there, wt:re ca'�"ct , t aRid election a
total of ZV'7 . ballots, of which 4;_- were, vot,,A,,,,, in
favol• of tt&t, Tzsuanoe of t
bonds and 7— v..erc "votes
t.ie iszuamce of Ad bonds, being a total majority
Of * af `
:!E 4 1 votes Ca. in .Nor of the issuance of s�-Ad
bonds '; I
Wilt be it resolved b- the Town
Council of the Tom of Fairhope, Alab..ma, acting as a
board of canvassers for the ,�urpose of - Oanvae..iag tile
reta rns of electi-)n and declaring the r:.&ult-_
ther�.,.of, that the said election was duly called and
held In all r,:.speets as provided by I-- , and at the
404-
said election & majority of the qualified electors of P-Ad
tov,T, voted In f :'vor of the issuance of said bonds and that
si-id toim is ac,',ordingly authorizea to issue a.Ad bonds in
P �ccorf..ance wit i: the teme of thle, notice calling the s-:tiid
e.-Lection. card th#} provisio:ls of law; and
-1, BI-' IT FURTHER R-c`ULV�J) that the preambles and
resolutions comprising these declaratiol)s and findings
be recorded i,". ;he Proceedirgs of the town coiLneil.
Mr. a -<- - moved thtit the rulei= be suspend-
ed and unanlraoua oonsent be given for kwnediatfx considera-
ti,)n of and actj.,.;n on said rsssOlution,, rihich motion wac
seconded by Mr. ;tkg and wr)on the mo-
tion being -lut to vote, the fob. iloviing vote was reeordedl
Ayes; Messrz,, Rage, Berglin, D.-Y-son, Gaston, Kampe&- and
Stimpson; Nays: None. The mayor thereupon declared
thqt the ',41 tin for unani:nous consent for imedi,-.tn con-
�
sideration Of ar,,7. iction on said -.,,-,O1ut1oT. had beer.. unqn-
Laously c,,rried. Mr. thereupon
v.ti oh
moved that the el;.Lid r,-ziolutior be fr�--- llly adoptcl.-19 'v
MOtiaz w--s seoorced by Mr. and
upon said motion being ut to vote tht, follo'!"ing vote
was r(icoruedt 1ye-s: bls-rr-s. Ruge, Berglin, Dyson,
Gaston, Kamper zad Stiz�r�son; Nays: none. X The Layor
thereupon announced th..,---t the motioi. for ueo,;-,tior, of
said rce-olution had been unanimously c--rri.,--d,
There being no nirther business to oome before
the iaectLng the sr wia�,o ox, motjoyl, duly adjourned*
A-
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