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JOSHUA SPERING, President of Select Council. Approved this twenty-eighth day of June, Anno Domini one thousand eight hundred and sixty-seven, (A. D. 1867.) MORTON McMICHAEL, Mctyor of Philadelphia. AN ORDINANCE Authorizing and directing the Mayor to execute deeds for certain properties sold under Ordinance approved the twentieth day of April, 1S67. Section 1. The Select and Common Councils of the City of Philadelphia do ordaiii, That when the terms of sale of the lot of ground bounded by Simes,... Twenty- third, Chest- nut and Twenty-fourth streets, lately occupied by the Phila- delphia Gas Works, directed to be sold by Ordinance of Councils, approved the twentieth day of April, 1867, shall have been complied with by the payment of the whole or stipulated proportions of the purchase-money in cash to the City Treasurer, it shall be the duty of the Mayor to execute and deliver to the purchasers proper deeds in fee simple, or reserving ground-rents for his, her or their por- tions of said large lot, payable in equal semi-annual pay- ments, on the first days of January and July in each year, 219 ■with tlie seal of the City of Philadelphia affixed thereto ; and it shall be the duty of the City Treasurer, under the direction of the Committee on Finance, to apply the mort- jrasres and bonds or proceeds of such sales, with the annual income and interest on mortgages and ground-rents, as the same may fall due, and the principal sums of said mort- gages and ground-rents, whenever the same may be paid or redeemed, to the Sinking Fund of the City of Philadelphia.
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