LEGAL ADVERTISING AN ORDINANCE c ' i — - . I AN ORDINANCE to authorize an is- E suance of bonds to the amount of ( twenty-three thousand dollars, to t provide for the payment of the colt j of thfe paring of Perry Street, j Jackson Street, Decatur Street and f Ocean Street, with cement concrete s or bituminous concrete or other like £ material and substance to a thickness of six inches or more. ( WHEREAS, th^ City of Cape May did 5 ' on the first day of November, nine- v - teen hundred and nineteen, issue * bonds for the payment of the cost ift the permanent improvement of certain streets of, the said City of ' Cape May with hard surface materials; and the proceeds of said j issue of bonds were insufficient, owing to the high cost of materials c and labor caused by the conditions existing during the present inter- c national war period, and making j it necessary to provide more funds ^ UTAxay for the completion of said ( permanent improvements; there- j. fore I Section L The Board of Commis- ' si usn of the City of Cape May do < lain, that the hard surface paving ! 1 ratofore begun on Perry Street £ from Cape Island Creek bridge to 1 Beach Avenue; on Jackson Street J from Cape Island Creek bridge to ' Beach Avenue; on Decatur Street 1 fromv Washington Street to Beach c Avenue,, and on Ocean Street from Washington Street to Beach Avenue, ' be completed by paving the same from * curb to cuibwrth Portland cement concrete or by such like material of bituminous concrete, of an average thickness in excess of six inches, including Hw concrete foundation, in conformity to the plans and specifications now on ' file in the office of the city engineer, 1 said plans being filed in the office of j the city clerk on the twenty-second j day of September, nineteen hundred - and nineteen, under and pursuant to '■ the statute of the State of New Jersey. 1 i Section 2. And it is further or- , dained, that to provide for the pay- ] ment of the cost of the completion of , the construction of the aforesaid pav- , ing, bonds of the City of Cape May, to be known as General Paving Bonds, , shall be issued in an aggregate amount , of twenty-three thousand dollars, and that said bonds shall be coupon bonds, forty- six in number, and shall be numbered from one to forty-six, both numbers included, and shall be in denominations of five hundred dollars each, and shall bear interest at the rate of five per centum per annum, payable aani-annually, which said semi-annual interest shall be payable on the twentieth days of June and December in each year during the life of said bonds; said bonds shall bear date the twentieth day of December, one thousand nine hundred and twenty; and the principal of said bonds shall be payable serially, namely, three bonds of five hundred dollars each in each year, beginning on the twentieth day of December, nineteen hundred and twentyone, for a period of six years, or until the twentieth day of December, nineteen hundred and twenty-six, inclusive; and thereafter two bonds of five hundred dollars each, on the twentieth day of December, nineteen hundred and twenty-seven and each succeeding twentieth day of December, until the year nineteen hundred and forty inclusive; said bonds shall have the city seal affixed, be signed by the mayor, countersigned by the treasurer, and attested by the city clerk, and the coupons attached thereto shall be signed by the treasurer and contain a statement for what interest each •oupon pays and when the said coupon is payable; and said bonds shall contain a recital that they are, issued pursuant to this ordinance, and pursuant to the provisions of an Act of the Legislature of the State of New Jersey entitled "An Act to authorize and regulate the issuance of bonds and other obligations and the incurring of indebtedness by county, city, borough, Tillage, town, township, or any municipality governed by an improvement w j J fl
commission," approved March twenty- f second, one thousand nine hundred s and sixteen and the acts amendatory t thereof and supplemental thereto, and t the act entitled "An Act concerning e municipalities, approved March twen- t ty -seventh, one thousand nine hundred t and seventeen, and the acts amend- j story thereof and supplemental there- , to. i Srrti"- J. And it is further or- j by this ordinance it is , determined and declared: A. The avenge period of the" life ; and usefulness of the improvements to he made and canstruetod by the aaU funds to he received from said i * b">* "* kanim I * ansufe aaaaaead eutaaiki | «f toaehte seal estete. hilidteg «— I sf Oa CMy «f Caps May.
LEGAL ADVERTISING computed upon the next last throe < preceding valuations thereof, in the i provided by section twelve of i 252 of the Laws of New Jer- j sey of 1916, as amended by Chapter 1 of the Laws of New Jersey of i 1917, is six million four hundred and i fifty-three thousand three hundred j and seventeen dollars and thirty-three i cents. ' C. The net debt of the City of i May, computed by the afore- ] said authority Mid in the manner pro- 1 vided therewith is ninety one thousand 1 eight hundred and five dollars and i thirty-six cents. 1 D. The debt financial statement re- 1 quired by the aforesaid authority to 1 be made by the chief financial officer 1 of the said City of Cape May, was 1 filed prior to the introduction of this i ordinance. , f . / 1 Section 4. And it is further or- , dained, that the proceeds of the bonds , issued pursuant to this ordinance shall , paid to the treasurer of the City of , May, who shall in no event disthe same except to pay the ex- , of issuing and selling the same , and for the purpose fori which said , bonds are issued, as heron setforth; and if, for any reason, anyS»art of the said proceeds is not applied or neces- 1 for the said purposes, the Com- ' missioners of the said City of Cape May may re-appropriate the remaining unapplied funds to pay the prin- ' cipal of any outstanding bonds. Section 5. And it is further or- : dained, that this ordinance shall take : effect immediately. GEORGE P. WENTZELL, PUBLIC NOTICE The' foregoing ordinance was passed first and second readings by the Board of Commissioners of the City of Cape May, New Jersey, at a regular meeting held on Tuesday, November 2, 1920; and notice is hereby given that : said ordinance will be considered on third reading and final passage at a regular meeting of the said Board of Commissioners to be held in the Commissioners' Room, corner Washington and Franklin Streets, in the said City ' of Cape May, on Tuesday, November 16, 1920, at ten o'clock m the forenoon, or as soon thereafter such time as the same can be considered, at which time any person or tax payer having objections to the passage thereof may appear, object or be heard. WM. PORTER, City Clerk Dated, Cape MayTH*'. J., November ■ 2, 1920. ll_6_20_2t_1868 AN ORDINANCE J AN ORDINANCE authorizing an is- , suance of bonds to the amount of nine thousand dollars, for the pur- , pose of providing for the payment of the cost of extending and imr proving permanently the Convention Hall of the City of the City of [ Cape May. Section 1. The Board of Commis- ' sioners of the (Sty of Cape May do ordain, that the Convention Hall, lo- ' cated on Beach Avenue in said City ! of Cape May shall be enlarged, ex1 tended and improved, and bulkheads ' and other structures shall be built to • protect the said structure and the new ! structure from damage by the storms of the Atlantic Ocean, and said con- ' struction shall be of wood and iron • as shall be deemed available for the | purposes herein proposed. - Section 2. And it is further or- > dained, that to provide for the pay1 ment of the cost of the construction i of the extentions and additions and - the protection of the Convention Hall " from storms, bonds of the City of t Cape May, to be known as Convention B Hall Bonds, shall be issued in the ag- ■ gregate amount of nine thousand 1 dollars, and that said bonds shall be 1 coupon bonds, eighteen in number, and f shall be numbered from One to eighl> teen, inclusive, and shall be in denom- - inations of five hundred dollars each. inauons OI live uuuuieu uviijus »lu, j
and shall bear interest at the rate of five per centum per annum, payable semi-annually, which -semiannual interest shall be payable on theTWen-' , tieth days of June and December in each year during the life of the Baid v said bonds shall bear date the twentieth day of December, nineteen and twenty; and the principal of said bonds shall be payable serially, namely, one bond of fire hundred dolin each year, beginning with the twentieth day of December, nineteen and twenty-one, and the last one the twentieth day of December nineteen hundred and thirty-eight; said bonds shall have the city seal affixed, he signed by the mayor, countersigned by the treasurer, and attested by the city deck; and the coupons attached thereto shall he signed by the trensretocret it pays sad vbaa the m*
i 1 r ■ . ==gg== LEGAL ADVERTISING coupon is payable; and said bonds shall contain a recital that they are issued pursuant to this ordinance, and pursuant to the provisions of act of the Legislature of the State of New Jersey entitled "An Act to authorize and regulate the issuance of bonds and other obligations and the incurrof indebtedness by county, city, borough, village, town, township or any municipality governed by an improvement commission," approved twenty-second, one thousand nine hundred and sixteen, and the acts amendatory thereof and supplemental thereto, and the bet entitled "A Supplement to an act entitled 'An act relating to, regulating and providing for the government of cities, towns, townships, boroughs, villages and municipalities governed by boards of commissioners or improvement commissions in this State,' which act was approved April twenty-fifth, one thousand nine hundred and eleven, the title of which act was amended to read as above set forth by an act approved April second, one thousand nine hundred and twelve," approved March , seventeenth, nineteen hundred and ( sixteen. \ Section 3. And it is further or- • dained, that by this ordinance it is ' determined and declared: A. The average period of the life 1 and usefulness of the improvements 1 to be made and constructed by the 1 said funds to be received from said 1 issue of bonds as authorized herein, 1 i is twenty years. B. The average assessed valuation ] of taxable real estate, including im- ! provements, of the City of Cape May, ; computed upon the next last three 1 preceding valuations thereof, in the : I manner provided by section twelve of [ Chapter 252 of the Laws of New Jer- ; , sey of 1916, as amsnded by Chapter . 240 of the Laws of New Jersey of 1917, is six million four hundred and ; fifty-three thousand three hundred and , seventeen dollars and thirty-three t cents. r C. The net debt of the City of . Cape May, computed by the aforesaid , authority and in the manner provided , therewith, is ninety one^thousand eight r hundred and five dolmrs^nd thiityt six cents. ^ \ V . D. The debt financml statement re- , quired by the aforesaid authority to be . made by the chief financial officer of ' r the said City of Cape May, was filed prior to the introduction of this ordinance. J A j jL ^ Section 4. And it is further orr dained, that the proceeds of the bonds ' issued pursuant to this ordinance shall be paid to the treasurer of the City of Cape May, who shall in no event disburse the same except to pay - the expense of issuing and selling the f same and for the pus-pose for which - said bonds are issued, as herein set t forth; and if, for any reason, any part - of the said proceeds is not applied or - necessary for the said purposes, the f commissioners of the said City of Cape May may reappropriate the remaining unapplied funds to pay the " principal of any outstanding bonds. 0 Section 5. And it is further or- " dained, that this ordinance shall take P effect immediately. F. J. MELVIN, s PUBLIC NOTICE 6 The foregoing ordinance was passed " fiirst and second readings by the n Board of Commissioners of the City e ef Cape May, New Jersey, at a regular meeting held on Tuesday, November 2, 1920; and notice is hereby given that said ordinance will be considered on third reading and final passage at . a regular meeting of the said Board U of Commissioners to be held in the Commissioners' Room, corner Wash- ' ington and Franklin Streets, in the ® said City of Cape May, on Tuesday, ' November 16, 1920, at ten o'clock in the forenoon, or as soon thereafter such time as the same can be considered, at which time any person or tax payer *" having objections to the passage J* thereof may appear, object or be a. . , t
heard. b WM. PORTER, a City Clerk p Dated, Cape May, N. J., November j 2, 1920. 11.6_2t_1869 t AN ORDINANCE t t AN ORDINANCE authorizing an is- ' uance of bonds to the amount of 1 seventy-five thousand dollars for 1 the purpose of providing for the 1 payment of the cost of building bulkheads and other works and < structures for the protection of the i beach front of the City of Cape May from encroachment of the i waters of the Atlantic Oeeaa, and fee the building of new board, or , ocean frost, walk alo*r the ocean I aide of Bench Avenue, on tho inside ef the aaM bulkhead, t WHEREAS, aa oreaa atone tide of I cead eeverity did dnatmgo to the
r • - LEGAL ADVERTISING ary, nineteen hundred and twenty, i and it was necessary to protect the i lands and premises on such locality i from the encroachment of the wai- ; ers of the Atlantic Ocean by the j building of bulkheads and other 1 . structures, and to also construct an j ocean walk along the inside of said < bulkhead, and the Commissioners of the said City of Cape May did ; therefore, borrow on the credit of ■ the said municipality the sum of seventy thousand dollars on promissory notes, issued in anticipation of the issuance of bonds to pay for the cost of such necessary public work and protection, and did by contract let to the lowest responsible bidders, and duly and legally advertising for such bids according to law, and have now ascertained that the total cost of said work, by actual computation, will reach a sum not to exceed seventy-five thousand dollars; therefore Section 1. The Board of Commissioners of the City of Cape May do ordain, that in order to protect the front of the said City of Cape May from the encroachment of the waters of the Atlantic Ocean, that bulkheads and other like structures , shall be built and erected and com- ; pleted and a suitable walk on the in- , ner side of the same shall be con- [ structed and completed, according to plans and specifications made and on file in the office of the city clerk, of , the City of Cape May and prepared . by. the city engineer, and duly approved by the Commissioners , of the said City of Cape May, . and including the purchase and plac- ■ ing of rip rap stone in the bulkheads . as an additional means of protecting . the lands and premises located on saifl > ocean front; no such sums of money I as are required shall be paid except I to the lowest responsible bidders for . parts of such work as are or have been let out by contract, and by the f days work for such as has been diI rectly under the supervision of the 1 City Commissioners, Section 2. And it is further ordained, that in ordef to provide for the payment of the cost of the building , of said bulkheads and other like works f and structures and the said ocean j front walk connected therewith, bonds . of the City of Cape May, to be known as Bepch Bulkhead Protection Bonds, shall be issued in the aggregate - amount of seventy-five thousand dol5 lars, and that said bonds shall be s coupon bonds, one hundred and fifty 6 in number, numbered from one to one s hundred and fifty, both numbers^ iny eluded, and shall be in denominations I B
? of five hundred dollars each, and shall i bear interest at the rate of five per t centurii per annum, payable semi-an-t nually, which semi-annual interest «" shall be payable on the twentieth days e of June and December in each year f during the life of the said bonds; and - shall bear date the twentieth day of - e December, nineteen hundred and ■ twenty; and the principal of said I - bonds shall be payable serially, name- | e ly, .six Mhds of five hundred dollars each in each year, beginning with the twentieth day of December, nineteen hundred and twenty-one, and the last six bonds shall be payable on the twentieth day of December, nineteen [1 hundred and forty-five; said bonds e shall have the city seal affixed, be y signed by the mayor, countersigned by _ i- the treasurer, and be attested by the i- city clerk; and the coupons attached 1 n thereto shall be signed the treas- J d urer, or have printed or lithographed it signatures of the treasurer, and cond tain a statement for what interest e they pay and when the said coupons i- are payable; and said bonds slfall conic tain a recital that they are issued y. pursuant to this ordinance, and pur- f ie suant to the provisions of act- of the :h Legislature of the State of New Jeri, sey entitled "An Act to authorize and :r regulate the issuance of bonds and . re other obligations and the incurring of >e indebtedness by county,- city, mdeoteaness ay county, - city,
borough, village, town, township, or any municipality governed by an improvement commission," approved ' March twenty-second, one thousand nine hundred and sixteen, and the acts amendatory thereof and supplemental thereto, and the act entitled "An Act concerning municipalities," approved . March twenty-seventh, one thousand ' nine hundred and seventeen, and the . acts amendatory thereof and supple- » mental thereto. r Section 3. And it is further orI dained, that* by this . ordinance it is . determined and declared: » A. The average period of the life » and usefulness of the improvements i to he made and constructed by the said r funds to be received from said issue i of bonds as authorised herein, is - thirty yean. B. Tl»e average assessed valuation t of taxable real oetato, iaeiudiag tae provements, ot the CHy ef Cape May.
LEGAL ADVERTISING 9* A** ' precMUng valuations thereof, in the 1 provided by section twelve of ' i Chapter 252 of the laws of Now Jer- < sey of 1916, as amended by Chapter 1 240 of the laws df New Jersey of 1917, > six million four hundred and fifty- ( - three thousand three hundred and ( i seventeen dollars and thirty-three I cents. i C. The n« debt of the City of Cape > computed by the aforesaid au- ' thority and in the manner provided ' therewith, is ninety-one thousand - eight hundred and five dollars and ! ' thirty-six cents. r D. The debt financial statement *e- : '■ quired by the aforesaid authority to ' be made by the chief financial officer - of the said City of Cape May, was ' filed prior to the introduction of this : ordinance. , Section 4. And it is further or- , dained, that the proceeds of the bonds , issued pursuant to this ordinance shall be paid to the treasurer of the City of Cape May, who shall in no - event disburse the same except to pay > the expenses of issuing and selling the - same and for the purpose for which : said bonds are issued, as herein set - forth; and if, for any reason, any part t of the said proceeds is not applied or 3 , 1 111 I 'TT
HWMary for the smd pm»ow, *0 1 commissioners of the tod City <f ^ Cape May, may reapprqpristto the rw j maining unapplied funds to pay tfef principal of any outstanding bonds. Section 5. And it is further ore j dained, that this ordinance shall tab* effect immediately. 1 WILLIAM R. SHEPPARD. PUBLIC NOTICE The foregoing ordinance was passed I first and second readings by the Board i , of Commissioners of the (Sty of Cape May, New Jersey, at a regular meet* " ing held on Tuesday, November 2, 1920; and notice is hereby given that . said ordinance will be considered do third reading and final passage at a . regular meeting of the said Board of Commissioners to be held in the Commissioners' Room, corner Washington and Franklin Streets, in the said Gttjr. i of Cape May, On Tuesday, November : s 16, 1920, at ten o'clock in the forenoon, : or as eoon thereafter such time as the > same can be considered, at which time ,>• 7 any person or taxpayer having ob^ i jections to the passage thereof may i appear, object or be beard, t WM. PORTER, City Clerk, t Dated, Cape May, N. J, November r 2, 1920. ll.<_20_gt_18W
STATEMENT OF THE CONDITION OF SECURITY TRUST CO. ^ Southwest Corner Washington and Ocean Streets Cape May, N.J., Jane 30, 1920
\ RESOURCES. \ Time and Demand Loans, 11,956,004.86 Bonds and Mortgages, 286.755.89 ^ Stocks and Bonds, 1,824,86413 r Overdrafts, 78 A3 e Banking Houses,, Camden, e Gloucester and Cape May, 123,000.00 . Revenue and War Stamps, 442.48 e Cash and Reserve, 867^96A0 $4,558,785.54 J i. i
LIABILITIES. > Capital $100,00000 I Surplus, 200,00000 > Undivided Profits, 84JB1A6 I Deposits, 4,217,64014 Dividend 7,00000 [ $4,558,735.54
Ssfety Deposit Boxes for Rent in Burglar-Proof Vaults, e Three Per Cent. Interest Allowed on time Deposits. g Wills Drawn and Kept Without Charge. 8 Acts as Administrator, Executor, Guardian or Trustee. n ADVISORY BOARD
n J. Spicer Learning, Chairman. !> Aaron W. Hand. e John B. Huffman. I- Albert G. Bennett. * Dr. Wilson A. Lake. y
Henry C. Thompson, Sec. Sherman 8. Sharp. Dr. V. M. D. Marey. A. Carlton Hudretk. Richard R. Rarvaa.
R. M. WENTZELL SS PERRY STREET ^ f rniture bedding rugs linoleum. Estimates on All Kinds of Furniture will be furnished promptly. v — , Keystone-Phone. Goods Delivered. Electrical Contractor INSTALLATION OF MOTORS MAKING A SPECIALTY OF STORE AND WINDOW LIGHTING A. D. REEVES 'woetow* Phonw 809-d3 CAPE MAY, n.j FRANK ENTRIKEN & SONS Central Garage ' AUTOMOBILE REPAIR WORK EXCELLENT EQUIPMENT FOR RAPID WORK— CARS STORED— CARS HiBED DAY OR NIGHT— ALL KINDS OF AUTO SUPPLIES. Agents for the Fairbanks-Morse Gas and Oil Engines. KEYSTONE 1-90A BELL 12-W dL A most effective remedy for the relief of sstbma JP^Jl and hay fever. The healing fumes from burnfS ing herbs relieves ths choking sensation by clearing the air passages and soothing the imtated membranes. . In use tor more than 40 Tf? l/ years. Two sizes— 25e and $1.00. I. f S l*i far tnm wsyli — \ Nerthrop A Lyman Ca. he, Bgftala, H.Y. Advertising in the Star and Wave brings Big Results

