The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-03-12

NS1AE-AAI BILLS AGAINST The STEAM
VISA
NOTICE TO rrxBERNgN-T MIL BE AT
~ seattle O. March s 1850 With sso cas Loads
9 snser oxsa ser sAasL jobs & MorsscsA
NOTICE 10 FRoPRlEroRs-EsrIx
~ Tor peseeneer An1 fright eaevasara. dusnh-
Ssife1 ana eeses hctsttnx machinery farnkxaea
= :. sneal,sdss, ~ cossmhsA sass sseat sor
Pxcl1ent xasoern uauufAeeur~rx Faxna soe
~ 1lna. O eas.dlnes e the acwe<s ssrr,A
NoTicE-oFFfcE OF STATE AUDITOR
~ olympia. wasn.. March I. laeo-
1r.upsss.s VII % received ~ my oshce IN
S.yneaa snsil z o'csock meridian On ne issh
honds Of the ssass II ssAsnrser. 70 see sr,osr.t
g. taree hurdred Thousand Jsaa0aea collars. 10
3 sss1sd N pn1SEance Of an oct OF the sesssls-
which rssds ssssssa sfs Is so' low
IS enacted by Tia Legislature Of the state al
'.skcTIOxl Taas TIE governor, ssase auditor
and state treasurer be and ara hereby sn,hoslssd
to corTow, en- TIE cr~1ss of the s.ase the sars az
tnree hundred thcnssna dollars $50 ON. o. SO
he sssa 1h :: Sc. e nSgaas;s
exceeasng ave 90 per cent per aanusn which
money, 30 borrowed. shall b paid ii any tine
snsr ave yea-s and within fifteen years ~ The
sec This loan shall be made upon state
bonds. which honds shall be signed ey the gov
e en- and sssec By the sscrsary Of state m.
Ger the SEA OF the state. ard eoun-xrxixued and
rxsstsrec oy the state andator. II shall be the
cufy OF the governor and STATE aufito, 10 Gauss
e De prvpered tor saeh purpose bonds OF the
SAFE 70 the amount os three hundred thousand
doliaru 1850, ooQa. which shall be al denoyniaa-
tons not less than one Thousand collars 81 DoD
each. and shall on their face. be made payable
ycars. from their date q the option Of the state
~ the once of the state treasurer and they
sasil pledge tie faith and credit Of the state 10
~ 1A4,f4
'Sec. s whenever the interest on the above
couds shall become due. the same shall be paid
BY the state treasurer.
for the redemption Of said bonds and payment
OF interest thereon. the state auditor 10 hereby
authorized and required 10 levy for ave 90 con-
eecutsys years an annual tax not exceeding one
tenth Il TO- Of one mill on the dollar Of TIE tar
able property OF the stale, which tax. when col
stcsei, shall be known a. the Interest fand,"
the inierss; on said bonds. In The year lsas. ana
thereafter the state auaifor il hereby authorized
and required TO levy an annual tax OF not ex-
sesdinE oneniih u-sl OF enc mill on the dollar on
when collected, shsiI Ss ' Known a's = The
redemption. fund" and shall. until
such -,, bonds rs., and interest are paid.
following manner. viz: whenever tue amount
thereof shall exceed sum Sufficient 10 pay the
interest falling due q the next annual period OF
payment then such excess remaining. after SET
tina apart sufficient for the payment of such fn-
teress, shah be used and paid for the redemption
OF so many OF said bonds as the same snail be
sufiiclent TO redeem. when said bonds are all
redeemed, and all interest thereon paid. the
residue of said fund. aud al subsequent coiiec-
tons OF sad tsx, shall be transferred 10 the gen.
eral revenue of the state"
The bonds will be snld to the bidder or bidders
WHO viii make the loan provided for In said act
At the lowest rate of interest or to the bidder or
bidders Offering the highest premium for said
bonds, bearing interest a. the rate OF q g per
centum (Sl per annunn, ~ may be determined by
the governor state auditor and state treasurer.
T. NJ. REED, State Auditor