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HomeMy WebLinkAboutOrdinances and Municipal Laws, Page 124I2} REVISED ORDINANCES OF PAD'UCAH. ExWnsion of Gas Mains. Gravel Roads. road track to the outer limits of the city, and erect on such extension the tame pre•portion of lamp posts, according to distance, as are now on the street between the railroad cross. ing and the river; which extension of gas is to be under the present gas contract with the city, the latter to pay the same rates for lighting the new, lamp posts as is paid under the present contract, and this additional contrac[ is to expire at the same time the present contract expires. The present contract is to apply to this additional exten- sion in all respects. This ordinance to take effect as soon as the gas company files its written acceptance of same with the council. Adopted May 6, t889. W. H. PATTERSON, C. C. P. .approved May 8, r88g. J. H. JOHNSON, 'Mayor. Gravel Roads. An ordinance for the mayor and common council of the city of Paducah, on conditions, to subscribe one thousand dollars a mile t, the capital stock of the Paducah and North Ballard and Paducah and Benton, and Paducah and Love- laceville Gravel Road company, with their branchei as here- in named; when the Mayfield Gravel Road company get it charter to build a gravel road it/shall receive the tame aid from this ordinance as other roads mentioned. Be it ordained by the mayor and common council of the city of Paduca'i, Ky.: t, That the mayor of the city of Paducah be, and is hereby authorized to subscribe one thusand dollars a mile as hereinafter prescrib«d to each of the following gravel road companies, and their branches as named in tl:ie ordi- nance, ah within the limits of the county of McCracken; ons thousand dollars a mile to the Paducah and Nortb Ballard main gravel road; also to a branch of said road to Hinkle - 0 REVISED ORDINANCES OF PADUCAH. 125 Gravel Roads. ville, the point of branching from said road to be selected by its board of directors, which action must receive the sanction of the street committee of this council before any bonds shall be,delivered by the mayor to said branch. One thousand dollars a mile to the Paducah and Benton Gravel R1oad company, and one thousand dollars a m'.le to the Paducah and Lov elaceville Gravel Road company. When the Mayfield Gravel Road company shall obtain a charter to build a gravel road 'it shall receive the same aid from this ordinance as the other roads mentioned. The subscription to these roads and branches are to be made in the coupon bonds of the city of Paducah, bearing interest . at the rate of six per cent per annum. Said inter- est to be paid semi-annually at the office of the treasur- er of the city of Paducah. 2. The payment of 'this subscription shall be made in the following manner: When the president of any of the roads named in the ordinance shall report one mile of his road completed, it shall '-e the duty of the street committee and city engineer to go over the mile, and upon th-tir writ- ten statements' to. the mayor that said mile is completed in a workmanlike manner, and in compliance with the require - meats of its charter, the mayor sha'l then deliver to the president one bond of one thnnsand dollars and caused to be issued to the city of Paducah, by the. proper officers of said road cbrtificates of stock of equal amount with Elie bond or bonds delivered. But it is hereby provided that no bond shall be delivered to any road until the president of said road has satisfied the finance committee, of this co.ul- cil that they have sufficient funds on hand to complete said road to the county line, and the same with the branches, to their destination. And it shall be the duty of the fi- nance committee to report to the council for approval, giv- ing an exhibit of the means of the road to finish it to the county line. 1 r 1 1 1 `- 126 Gravel Roads. REVISED ORDINA\CES OF PADUCAH. 3• Before any subscription becomes binding on the city of Paducah, each one of the gravel road companies named in this ordinance, if they accept the subscription, shal reor- ganize its board of directors and subject all of its officers •o a new election, and in all such elections the mayor shall cast the vote of the city for president and board of direct- ors. But it is provided that he shall cast his vote for officers and directors as the council shall direct; and in case he re- fuses to do this, the council shall select ene of its own mem- bers to cast the vote for the city of Paducah. 4• The bonds issued as subscription to the capital stock of these roads shall be known as the gravel road bonds of the city of Paducah, end the principal and interest of which are to be paid and the money raised by taxation upon the property of the city as all other taxes are aid; but it is provided that no levy shall be made for tl Poses until the year 1£yo. tc above pur- 5• All tolls coming to the city of Paducah shall he first applied to the 1 Payment of the interest of the gravel road bonds, and in case the funds arising over and above the aon. the tolls shall be. mount due as interest on the bonds, the over plus shall be held and appropriated for th of paying the gravel road bonds at maturity. e purpose 6. That immediately after the passage Of tris ordi- nance it is hereby made the duty of the mayor to have the proper notice published in the city papers, preparatory to holding the election in 'he city of Paducah, which election shall be held on the 11th day of September, 1869, at all the voting Places in the city. The ballot shall be "Approval Of subscription to gravel roods" or "Non approval of suhscrip- tion to gravel roads." If upon a fair and legal election "ap- proval" receivesa maj ority of the votes cast, then this ordi_ nance shall be in full force, and it shall be. the duty of the mayor and council to carry out its provisions; if 'non -ap- proval" receives a majority of the votes cast at said elec- tion, then this ordinance shall be a dead letter, force and eand of no effect. (_. n.. REVISED ORDINANCES Or PADUCAH.. 127 l Gravel Roads. q... The. amount subscribed under this ordinance shall not exceed seventy-five thousand dollars. , 8. 1 he bonds shall be payable and due ten years after date of issue, Mayfield Gravel Road. An ordinance, for the City of Paducah, Ky., to take stock in the Paducah and Mayfield Gravel Road company, at the rate of eight hundred dollars .per mile, and pay for the same by issuing its bonds therrfor. Be it ordained by tie Council of the City of Paducah: fir• t. That the mayor of the city of Paducah be and is hereby authorize' and directed on behalf of said city to sub- scribe to the capital stockof said Paducah and Mayfield . Gravel Road company, at the rate of eight hundred dollars per mile, for n -)t exceeding five miles. Said road to t•e built commencing at .the corporate limits of said city, and ex- tending five miles toward the Graves county line, upon the condition, however, as follows, to -wit: That said stock sub- scription be paid for in the bonds of the city at their par I . fact value, to be issued . nd delivered by the city of Paducah to said gravel road company or bearer, bearing four per cent interest per annum, interest payable semi-annually, which, together with the bonds themselves, to be payable at the office of the city treasurer at Paducah. The bonds to be . ,signed by the mayor, wale -the seal of the city annexed there- . y to, and attested by :he council clerk, with interest coupons ew chod to s -6d bend: arawing interest at the rate afore- said, to be signed by the clerk alone, and to the extent of the face of said bonds upon the d6ivery thereof, and as deliv- ered, said gravel road co-ilpany is to issue and deliver to the ; city of Paducah eertificatts of stock in said gravel road j company equal in amount to the face value of said bends. t . f;r.vel Roods. C 2. Be it further ordained that the city of Paducah shall not be bound to subscribe for said stock until said i gravel road companyshall, with good surety, to be approved by the city council, execute bond to the city of Paducah in the sum of five thousand dollars, conditioned that said i gravel road company will build and complete its said road five miles t:)ward the Graves county line in three years from the passage of this ordinance and will not apply any part of the dividends of said road to the building or toward the completion of the same, and that all individual subscriptions t to said capital stack, otirer than that of the city of Paducah, i shall be paid for in cash cr in work and material to build the ' road at their fair cash value. t 3. Be it further ordained that said bonds of the city of t Paducah shall be of the denamination of one hundred dollars ...� each or for a less amount at the option of the city council, and the same khall be cclivered as fo!lows: When the ' president of said gravel road company shall, in writing, re- port to the city council that one mile of its road is com- pleted as required by iLs t barter, attested by the mayor of the city, city engineer and street committee that the ;ame is so completed, a bond for $3oo.00 shall be delivered to said } gravel road corn. puny, and the mayor wiL see that saic com- pany Fhall issue an equal amount of stock therefor, and so on in the same way in all respects as each mile of said road ' is completed. 4. That said bonds shall bear date and draw interest, t respectively, from the lime of delivery of each bond as here- inbefore provided. ` 5. Be it further ordained that -the foregoing subscrip- tion of stock is made subject to a reorganization of said 1 company in the electio i of president, directors and officers r thereof. That a new election of the same shall be cailed by said gravel road comp:nu,3, and that the city of Paducah shall be entitled to a vote in the election of new officers in ' j proportion to the amount of stock i; shall have certificates � f REVISED' ORDINANCES OF PADUCAH. 129 i Gravel Roads. : Sarine .Railways, i therefor at the time,of such .election. The vote of the city j to be cast by, the mayor as he shall be directed by the council, bur if not so directed then according to his own dis- cretion. . �.. 6. Be it further ordained that the subscription hereinbe- fore named is made upon the condition that said gravel road be built in such manner that the gravel placed thereon shall at no place be less in width than sixteen feet, and the gravel shall not be less in depth in the center of the road than twelve inches, *and not Itss in depth at the edges than eight inches. . And as a further consideration, it is required by ' this council that said ' gravel road company shall annually, on the first day of October in every year, . report in writing ro j . the city council the condition of the road, its gross earnings. and expenses and divia-nds to be allowed stockholders. This ordinance, shall tak - effect from irs passage, Adopted November 1--,, 1858. roll W. H. PATTERSON, C. C. P. Approved November i4, 18S8, i CHAS. REED, Mayor. . ... Marine Railways. Paducah, April 15, 1853. At a called meeting of the chairman and board of trus- tees—present: William Nolen, chairman; G. H. Morrow, I I:, S. Trimble, R. Case and T. J. Atkins, trustees. On mo- tion, the following ordinance was adopted and spread on rec- ord, to -wit: Whereas, E. Murray & Co. have proposed to build a set i of marine railways of eight sections, with capacity and pow- , er to take out of the water, for repairs, steamboats and ves- sels measuring three hundred and fifty feet keel, to be worked by steam powe4 and the wheels and machinery to be of iron, i after the plan of the wavy at Madison, Ind., and said Murray & Co. being ready and willing to proceed in the construc- .0 S 4 4