Pennsylvania Act 1937-277 — VALIDATING THIRD CLASS CITY DEBTS

Act text

VALIDATING THIRD CLASS CITY DEBTS
                 Act of May 28, 1937, P.L. 1009, No. 277              Cl. 11
                                  AN ACT

     To validate indebtedness incurred by cities of the third class
        for the extension, enlargement, and improvement of the water
        works of such city.

        Section 1.  Be it enacted, &c., That whenever any city of the
     third class, with the assent of the electors thereof, has
     heretofore authorized, issued, and sold bonds or other
     obligations on the faith and credit of the city, for the purpose
     of extending, enlarging, and improving the water works of such
     city, and such extensions, enlargements, and improvements have
     been fully completed and are being used for the benefit of such
     city, and the inhabitants thereof, then such bonds or other
     obligations are hereby ratified, confirmed, and validated
     notwithstanding that, at the time such bonds were authorized,
     issued, and sold, no power was vested in such city to incur or
     increase its indebtedness for water works purposes other than
     for the original erection and completion thereof, and such bonds
     or other obligations are hereby made valid and binding
     obligations of such city to the same extent as if full power had
     been vested by law in such city to incur or increase its
     indebtedness for the extension, enlargement, and improvement of
     such water works.
        Section 2.  This act shall become effective immediately upon
     final enactment.