5119ORDINANCE N0. 5119
AN ORDINANCE APPROPRIATING $13,645.00 FOR PAYMENT OF
CURRENT INTEREST COUPONS AVID SERVICE CHARGES THEREON, ACCRUED INTEREST
ON BONDS PAST DUE, OF THE AIRPORT, FIRE EQUIPL`ENT AND HOSPITAL ANNEX
BOND ISSUE OF NOVEMBER 1st, 1929 OF THE CITY OF LITTLE ROCK AND FOR
OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK:
Section 1. That the sum of $13,645.00 be and the same is
hereby appropriated out of the 5% Sinking 7und for the payment of the
following indebtedness of the City of Little Rock due and payable at
the offices of Halsey— Stuart & Co., Inc., Chicago, Illinois on March
1st, 1934:
Interest $13,000.00 for interest coupons for six (6) months
(September, October, November, December 1933, January,
February 1934) on Principal Bonds Noss 36 to 55, Inc.
dated November 1st, 1929 amount of principal 1520,000.00.
Service charges $32.50 on interest amount being j of 1 °0 of
$13,000.00.
Accrued interest for six (6) months, as above, on $24,500.00
principal bD nds past due, to 1Ia.rch 1st, 1934 — $612.50.
Grand total $13,645.00.
And the Mayor and the City Clerk are hereby authorized to issue warrants
therefor, payable to the Peoples Bank, for the purposes herein recited,
of such maturities as they deem for the best interest of the City.
Section 2. This ordinance shall take effect and be in force
from and after its passage.
Passed: March 5, 1934
Attest:
John L. Kruim
Approved:
H.A. Knowlton
City Clerk. ! "layor.