The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-12-18
cTrr vorrcrx.

~ providing for the issmsnsa ~, oitpiSANtE
ton - bonds In the sum OF eight hundred an, .
~. .is',sanu seven hundred and four oliagx @
sixty cents. for the funding Of @ a.a
on the road fund.- and Outstanding wsrrs,s M ~.
also for .h Interest accumulated thereon and
commercial. Second south Secoad so,.,h IT, =,
,.s,n ,h ana establishing public SQUARE
With the interest accumulated ti1ereop ana ne
si1ing Tor special election of The ys;arl ~ a ~,
ety snat inss may vote for against The Issuance
deb.edness BY the issuance Of said bo,d said M
nereas appears 10 the satisfaction os ,,,. ,,,,
valuation OF the property real and n sne ssed
assessment roll of said city and coty ~ s,
and eight hundrss w, million fifteen thousand
hereas, Il further appears that the boaed in
e. SAID city amounts to the sam OF nine
proposed to increase said bonded intlrhfainass ~ q,
aaaiuon thereto In the sum of eight hundred and
,sd VIZ .no.sann seven hundred and four dollars
whereas, II further appears that the bonaed In
which is proposed In addition thereto ~. .ss ss
nance and all OF the indebtedness Of ssts ,,,, -
Ia @ er nature ana Character does amount TO
~ Ptf cent oil the assessed valuation of fhe ,,sr,
eflg therein, As shown by the last assessrneft roll
therefore, BE 1t ordained BY the city of seattle as
SECTION !. That on the oeth day OF Japuarv 4.
u 1881 IN the city Of Seattle county OF KIM ana
state OF Washngton, pursuant 10 the ,rnxssi,,s ~
an act Of the Legislature of the state Of ~ ~,
emitted An act authorizing cities and toTyns 10
b6 ,,ssl Internal improvements and TO issue
geIicy which said act was apnroyed ne s,s, .
u sss s.aren, A. D. 1890 by the governor OF said
order that the voters of said city NAV M said eee
ION vote for or against the proposition of authoriz-
~. % 'seattie 10 iliiid the following Indeb-
sanes by the issuance Of per cent bonds therefor.
LIST outstanding warrants ON the road
iunu- amounting on the LIST day OF
Fehrnary,sls9I TO the sum of - s3ss s74 30
"a; outstanding warrants ON the fire
rn ,nna alaounting TO the sum off,. 124ss2 30
:. warrants TO February 1. 1S91 800. $4,000 90
90. or the funding OF city indebted
ness created by the widening of Conn
lnesciai, Second. South Second South
Third and Front streets and estab-
ishitg public square. ............ 26s 237 20
interest on said indebtedness TO Febrsl-
ais i, ......-..-.....-............ ~ 300 90
Being total of. ACKNOWLEDGEMENTS 1881 704 80
Sec. 2. That the following places arc hera,,x,
ocstgnated for the purpose Of said election and as
namely: " $3.50 's'
In the First ward-south Third street. old city
Ia the Second ward-corner Taylor and jack
In the Third ward = Corner East aud Yesler
In the Fourth ward-city Hall, Fifth and Yesler
avenue.
In The Fifth ward-Arnory hall
IN the Sixth ward--Northwest corner Battery
and Second.
In the seventh ward-AIberf and Depot streets.
In the Eighth ward-In building opposite the car
mouse, near Temperance and Roy streets.
p aee. . Ihat Thomas Il Hughes and Daniel f..
and Clement L. White clerks and H. H. THOMPSON
inspector 10 coaduc said election in the FRS; ward
VI said city; and II. Anderson and G. - Robinson
are appointed judges and George II. Curtis and +.
{. Cotton clerks and w. f. Burgess inspector TO
city; and J. r. Malan and :. Lawrence are hereby
appointed judges and A. NJ. Daley and Charles
conduct said election Ia the Third ward of said
CITY, ana III. NJ. Jones and G. H. kittinger are here
Clair clerks and George Hooker inspector TO con.
duet said election in the Fourth ward of said city
and H. +. Stol and Z. A. stitfsn hereby APP
pointed judges. and John NJ. Rckinboclzer and !.
Z. Grubb clerks and o. n. Morse Inspector to con-
Duct said election in the Fifth ward of said city
anu Alonzo Hun and DIR. kIoeber are hereby APP
pointed judges, and Lord and Johnson clerks and
y, l. MCGOWAN inspector TO conduct said election In
the sixth ward OF said city; and G. NJ stewart and
]. A. Davis hereby appointed Judges. aud
aharies c. Nichols and H. ID. Wheeler clerks and
Seventh ward Of said city; ard +. lockwood and
" $ Pcrison are hereby appointed judges, and n
IL n. GoEmley and A. n Graves clerks and w. 7.
sharpe Inspector TO conduct said election in the
Eighth ward of said city.
sec. 4. That at said election the polls VIII be
open at o'clock a. m and close at o'clock p. m.
Every voter who shall vote in favor of authorizing
the city to issue bonds in the sum OF eight hum
dred and sixfy-oDe thousand seven hundred and
four dollars and sixty cents for the purposes set
forth In this ordinance will vote ballot contain
ing the words: .In favor of the city of Seattle Is
snng bonds in the sum of eight hundred and sixty
one Thousand seven hundred and four dollars and
on the road fund, and outstanding warrants on the
fire fund and interest thereon and also for indeh;-
edness created by the widening Of Commercial,
Second, south second South Third and Front
streets, and establishing public square with the
interest accumulated thereon set forth in orii-
nance No. - of the city of Seattle Every
voter who shall vote against said proposition viii
vote a ballot containing the words against the
city OF Seattle issuing bonds i'm the sum of eight
hundred and sixty-one thousand seven hundred and
four dollars and sixty cents for the funding of out
standing warrants on the road fund ana ontstand-
ing warrants the fire fund, and interest thereon
and also for Indebtedness created bv the widening
of Commercial Second, south Second, solth Third
from md SfaD4 isl mo- nrrk liz
with the interest accumulated thereon as SET forth
in ordinances No. - OF the city Of seattle"
Sec. 3. That the city clerk of said city shall give
notice OF the said special election BY publishing a
notice thereof for period OF thirty days in the Of
the said notice to be published Ia full in each issue
of said paper durin. the said period of thirty days.
seq. g. That If three-fliths of the qualified voters
of the said city of seattle, voting at said election
vote in favor of authorizing the city of Seattle 10
one thousand seven hundred and four dollars aud
sixty cents, 10 be expended in the manner provided
by this ordinance, the mayor of said city and com
miitee finance of the city council OF said city
be and they hereby authorized 10 have printed
and engraved bonds of said city 10 the amount OF
eight hundred and sixty-one Thousand seven
hundred and four dollars and sixty cents, which
shall be STYLED ."rhe Seattle Improvement Bonds -
said bonds shall be payable twenty years after
office of the treasurer of said city; shall bear
terest at the rate of per cent. per annuni, and
able at the city Of New York at the Office of the
city treasurer OF said city of Seattle, at the option
Of the holder or holders of said bonds on the 1st
day of January and the LIST day of July OF each
year. The said bonds shall be issued under the
seal of said city, IN denominations OF not less than
one hundred nor more than one Thousand dollars:
the bonds and each coupon thereof shall be signed
by the mayor. and aiissted by me clerk under ne
seal of said city shall he numbered consecntiN ely
from number one upwards, as issued and bear the
date OF their issue, and shall be registered by the
said city clerk in book TO be kept specifically for
See. Z. To provide for the payment of interest on
said bonds there shall bee levied oy ordinance
passed by the common council, from year TO year,
an annual tax Of such rate per cent on each dol
lars worth OF property, real, personal and mixed,
within said city of Seattle not exempt from taxa
ton by the constitution and laws of the state, as
shalt be fully sufficient 20 pay the interest on sucii
bends, said iaterest becomes Que; secn tax 10 9
assessed to become due. and 70 be collected annually
the other taxes are levied ana collected ior
general municipal purposes. Seven years prior TO
the maturity Of said bonds any OF them. an an
,uat sir King fund tax sufficient for the payment OF
said bonds at maturity shall be levied and collected
as other taxes are levied and collected for general
municinal purposes: and such tax levied shall be
sufficient together with tGe accumulation herein
after mentioned arising irom interest on the invest
ntent of the funds raised from year 10 year 10 pay
the principal OF said bonds al the time when they
or ANY part of them shall become due. THOR any
reason said tax and the interest on the accumna-
ton shall not be sufeien; 10 meet the principal OF
said bonds when they become due, and TO pay me
whole OF the same, tine city council shan apprepIi
ate from other funds an amount suitlcient 10 iuly
nav the principal and Interest ON said bonds at the
time they shall become due.
See T. IL shall be the duty of the city treasurer
10 place all moneys collected and received from the
tax levied, 10 pay the interest upon salJ Donos az
The same arcrcs 10 the credit OF the interest fund
of said bonds and after the TAX shall be levied and
collected as herein provided, Ia pay the interest,"
and principal Of said bonds AT maturity, il shall
then be the duty of tho city treasurer 10 place al
such MONEYS collected and received from the tax
levied 60 pay the interest aad principal OF said
bonds maturity TO the credit OF each OF said i1hds
See e. The said city council shall cause the said
sinking fund and ali accrciehs thereof 10 ne M
vested In the bends hereby authorized 10 be issued
an seattle city bonds in bonds Of the state Of " ash