The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-03-07

CPEClAL HuTicH-TaF GKKAT EAsiERS
- 5000 acoss has tsss rsss.vsd lssgs 10.
400 nice iine a Markets Il eli grades and
- = 800 cheareT thaa any house II town.
g sse - 10y nssx.ins ssmenesr ne pasees
NoucE-ALL Hills AGAINST rae STAN
MaseA . 70 shs ssinson Mi conpsny, seAsi;s.
NOTICE 10 LCMBSRNEN-I WILL BE AT
AZ esaxsls on March & ls9c With svo cor ioaAs
o. nnesr oxsn ior sais ycAa T. MorrsceL
NOTICE TO PRoPKIKroRs-yrfNA
An sos passenger aad freight elevators. DUMB
Ssissn AID other hoissng machinery furnished
promineas knseern manufacturer Plans sor
~ nnds o. onsadinss ~ TIE lowest sermA
NorscE-ALL PRISONS HOLDING CLAIMS
~ against The Washington Steamboat and
transfer Conway will present the same tos
payment imneaia;say ~ their oaeel
NoTicE-oYFicE OF STATE AUDITOR,
Proposals VIII BE received AZ nv ofsee in
olympia, nntil y O'clock meridian on the 18Th
GAY OF NarcA, issa for tae purchase Of sne
Of Shree hundred thousand 1850, oog Dollar: 10
oe issned u pursuance OF an act OF the legtsla-
tnre OF sasd state. approved February 8. lisa.
= Re II enacted BY the legislature Of the state Of
Washington.
-sEcrios That the governor. state auditor
ana state treasurer be and are hereby authorised
10 borrow, On the credit Of the state. the sura 81
three hundred thousand dollars lxso GO, or 40
much thereof ~ may be necessary 70 hquidxse
the sa,d tndeosesines& a rate OF interest not
exceecing ave tei per cent per annur, which
money. 80 borrowed. shall be paid II any time
After ave yeara and within dfteen years. Ct the
sec . This loan shasl be made urcr state
bonds, which bonds shall be signed BY the rov-
eruof and etseseed by the secretary of state un-
Ger The ga OF the state, snd connseriened and
regtssered by the state audit Tor. 10 shall Be the
duty OF the governor and state auditor 10 causs
20 De prepared Tor such purpose bonds OF the
state 70 the amount Of three hundred thousand
tons not less than one thousand dollars tsl .aons
each. and shall, on their face. be made payable
At any time after Eve years. and within fifteen
years from their date. 81 the option Of the state
~ the once OF the state treasurer, and they
shall pledge the latin and credit OF the state 20
sec 3 whenever the interest ON the above
bonds shall become due. the same shall be paid
by the state treasurer.
sec. For tue purpose of providing fund
for the redemption OF said bonds and payment
OF interest thereon. the state auditor 10 hereby
authorized and required 10 levy for eve 81 con-
secutise years an annual tax not exceeding one
TENTH u 100 OF one mill on the dollar OF the tax
able property Of the state. which tax. when cob
lecteo. shall be known tho interest fund"
anc snail be applied solely 10 the payment OF
the interest on said bonds. In the year 1926. aud
thereafter the state au1itor is hereby authorized
and required 10 levy an annual tax Of not ex-
ceedins one-fith t-sA o! one mill on the dollar ON
the taxable property OF the state. which tax.
when collected. shall be known q the
redemption fund" and shall. until
such bonds and interest are paid.
be applied solely to the pay ment thereof In the
following manner. via; Whenever tue amount
thereof shall exceed . sum sufficient % pay the
interest falling due Ut the next annual period OF
payment then such excess remaining. after set
ting apart sufficient for the payment OF sush in-
teresf. shall be used and paid for the redemption
OF so many Of said bonds a. the same shall be
suthcIent 20 redeem when said bonds are all
redeemed, and all interest thereon paid. the
residue of said fund, and ali subsequent coliec-
tons OF said tax. shall be transferred TO the gen.
erAi revenue OF the state
The bonds will be sold to the bidder or bidders
who will make the loan provided for in said act
ct the lowest rate OF interest or 10 the bidder
bidders Offering the highest premium for said
bonds. bearing interest ct the rate OF ne per
centum 80 per annum. ~ may be determined by
the governor, state auditor and state treasurer.
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