Chap. 299.—An ACT to authorize the Common Council of the Gity of
Winchester to Borrow Money.

Approved March 29, 1875. .

1. Be it enacted by the general assembly, That the com-
mon council of the city of Winchester be, and is hereby au-
thorizéd to borrow a sum or suins of money not to exceed
in thé aggregate the sum of ten thousand dollars, and ata
rate of interest not to exceed eight per centum per annum.
The money so borrowed, to be used exclusively in the pur-
chase of suitable real property, and in repairing and improv-
ing the same for the purpose of the public schools of the
city of Winchester. That for the money so borrowed, the
common council be and is hereby authorized to issue bonds,
either registered or coupon, in the name of the city of Win-
chester, to be signed by such officer or officers of said city
as the ordinance of the council authorizing the Joan may
prescribe.

2. The principal of said bonds shall full due within thirty
years from their respective dates, and the interest shall be
payable semi-annually.

3. This act shall be in force from its passage.