Section 1. Wards and districts engaged in supplying water authorized to borrow money on mortgage; election; notice
Whenever any ward, district, sub-division or corporation which, under existing laws, may form part of any public or municipal corporation, and which are not organized or conducted for private profit, are engaged in supplying with water any city of which they are a part, of less population than twenty thousand inhabitants, they shall have power in addition to all powers enjoyed under existing laws to borrow money to be secured by mortgage upon the real estate belonging to said ward, district, corporation, sub- division or part of such public or municipal corporation respectively: Provided, That the question of borrowing money and executing a mortgage as aforesaid shall first be submitted to an election of the qualified electors of the district which is responsible for the existing indebtedness of said ward, district, sub-division or corporation, respectively; notice of said election to be published in the cities in which said corporations are respectively located once a week for three weeks prior thereto in two newspapers published in said city, or if there be none, then in two newspapers published nearest thereto; and the notice of the said election shall contain the amount of the proposed mortgage and a description of the property to be mortgaged: Provided, That such notice shall only be given by the direction of a majority of the councilmen residing in and representing such district. 1876, May 8, P.L. 132, Sec. 1.