gcls_citycode_1898_ 0032

28
LAWS AFFECTING THE CITY OF GREENVILLE.

apply the same in the interest of their district and the
welfare of their schools.

SEC. 6. That the said City Council shall, semi-annually,
at such time as they may fix and determine, pay the in-
terest due on said bonds; and for this purpose the said
City Council, in addition to the powers already conferred,
shall be authorized and required annually to levy such
tax upon the real and personal property assessed for tax-
ation in said city as may be deemed necessary to pay the
interest of the said bonds which may become due in each
and every year until the whole of said bonds shall be
paid.

SEC. 7. That all Acts and parts of Acts inconsistent
with the provisions of this Act be, and the same are
hereby, repealed.

SEC. 8. That this Act shall take effect immediately
upon its approval by the Governor.

Approved December 24th, 1890.
[Act 1890, page 879]

AN ACT to Authorize and Empower the City Council of
the City of Greenville to Issue Bonds for the Purpose
of Paying for Erecting and Building an Iron Bridge
Across Reedy River within the Corporate Limits of
said City, and to Provide for the Interest Accruing
Thereon and the Principal.

SEC. 1. That the City Council of the City of Greenville
shall have power, and they are hereby authorized and
empowered, to issue bonds of said city to the amount of
twelve thousand dollars, for the purpose of erecting,
building and paying for an iron bridge across Reedy
River within the corporate limits of said city; said bonds
to be issued in such denomination as said City Council
may deem best, and to be payable from five to fifteen
years after the date of the issue thereof, at the discretion
of said City Council, with interest payable semi-annually
at the rate of not exceeding seven per centum per an-
num, and the coupons for said interest when due to be