The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-05-29
xorrcE or EEEcrroM.
NrnTIcr a. rf.Ef.rIox -SoTi1:f "a HERE.

able out Of the road fund and FIRE fund Of said
city r.specryeiy and e snnasy persons 70 sssa
thereof or 20 their order and for the sundry sums
Of money in ssid warrants respectively specified.
sidsration Of labor or services performed for ma
feriaIs or other property furnished TO- or moneys
paid for the use Of said city. and were dated
about the day of their issue. were with few ex-
ceptionsl presented for payment 70 the treasurer
sfsad city On or shortly si.s6 =, tner rsspectsye
1706 Of said city herein below mentioned,
and by. said treasurer Endorsed, Presented. and
not paid FOR want OF funds" and still wholly
unpaid, and are owned and held by sGndry persons
Is claims against said city, and evidences Of in.
said warrants IN fhs respective sums therein
named. with interest. ~ provided by law 10 be pay
whereas the total Indebtedness Of said city
at the respective times of the Issue OF said several
warrants, or of the greater portion In number and
warrants then so issued. exceed.d TX per cent
OF the taxable property In said city as ascer-
taiued by the then last previous assessment fer
city purposes but the assent OF three-nths Of the
voters IN said city, voting II an election held for
on the part OF said city intended 70 be evidenced
by said warrants, or OF any part OF such indebted
pess. has not a. any time been given: and whereas
spective times aforesaid did not in any instance
exceed per cent. Of the taxable property In said
city as aseertalned aforesaid. and where
q the corporate authorities OF said city Is
sued all said warrants In good faith and for vains
tempting thereby to incur valid indebtedness on
the part Of said city upon said warrants respec-
lively 10 the amounts Of each and all OF said war
rants ssveraliy aud 20 evidence the same by such
city council OF Of said city deeming i adviss.
indestedness by the Issuing Of ali said wal.
rants. Of all such thereof represent indebted
ness which may not be valid without the rathca-
ton herein provided for shall be assented to and
ratified in the manner authorized by an act Of the
legislature OF the state q washington. entitied,
tain and other obligations and evidences OF
indebtedness on the part OF snch cities and towns.
issued by the corporate auth orties thereof In
cess Of their legal authority. and declaring an
emergency to exist" approved n arch 2, 1891. have
in and by ordinance No. l.108. OF said city, APP
proved April %. 1891. and published in the on
ciai newspapers Of said city April "a, 1891, duly
tloi Of said ordinancs. that they assent to and
rafify, by the vote required for that purpose by
the constitution and laws of this state 70 be cast at
the election In section of said ordinance pro-
vided TO be held for that purpose. the
attempted mourning. by. acts Of the .corpor-
debtedness part ofsaid city represented by the
warrants aforesaid, embraced within each OF the
following specified distinct classes thereof into
which ssid warrants are, in and by sec
ton j of said ordinance, divided, with
70 1ee ld @ funds ou Of s
were on their face respectively made payable.
Glass I-warrants drawn payable out 1.-THE road
fund OF said city. and dated and Issued on sundry
days between september 81, 1889, aud November
IL. 1889, both inclusive. numbered from 1929 to
4.02s OF the year 1883, both inclusive and the
face amounts whereof aggregate the sum Of
e33.27eg2
aciass 2-warran,s drawn payable out ofthe road
fund Of said city, and dated and issued on sundry
days between November Is 1889, and February
1850 Of the year 1889. both inclusive, and fr m
i 10 $50 OF the year 1850, both inclusive and the
sce amounts whereof aggregate the sum OF
Class s. Warrants drawn payable ont ofthe road
Innd OF saId cry and dated and issued on sundry
1890. both Inclusive. numbered from 62l To 2 TsS,
Of the year 1890 both inclusive, and the face
s So 70 whereof aggregate the sum Of 'iss.-
"ciass 4-warrants drawn payable out Of the fire
fond OF said city and dated and issued on sundry
days between May 3. 1890, and August 49, 1890
numbered from S3l to sos. both inclusive, and the
nee amounts whereof aggregate the sum Of $751;
And whereas said mayor and city council have
n ana by section OF said ordinance provided that
and places Of which notice Is herein
below given. for the purpose Of voting
propositions submitted 10 them In and by section
OF said ordinance, and In and by said ordinances
condnct Of said election. and have declared she
effect OF any vote cast At such election whereby
shall assent TO and ratlfy the mourning OF said In
aeotedness or OF either or any Of said classes
Whereas said CITY on April 10, 1891, duly
made and entered into a certain contract with N.
W. Harris a Co, Of Chicago, Illinois, dated on
mat day, wherein and whereby. among other
things, said city agreed that IL would speedily
practicable take ali the necessary steps 10 submit
TO vote Of the voters of said city the question OF
The ratification Of sundry of said warrants, and
would also take the necessary steps to submit to
vote Of the voters of said city at the election
70 be held for that purpose also the question OF Is
euing bones OF said city 10 fund all OF said war
might be validated by the vote cast for that par.
pose At such election together with the interest
crued and to accrue on such warrants 10 the date Of
the Issue of such funding bonds and that such
bonds should be dressed 20 bear date on July l.
1891, and should be payable aud bear interest In
All fr.A ffa.f
lie assent TO the issuing OF such funding bonds or
any thereof should be given by the vote cast at
such election aud IN case sjudicial decision should
be obtained that such bonds proposed 20 be issued
we're valid, said city would sell and deliver TO said
bonds In one block. 10 be delivered to and paid for
oy them at the time and place aud at the price I'm
sac contract provided and wherein and whereby.
among other things, said city granted 10 said n.
barris q CO., an option, 70 be exercised by
them 81 any time before the final passage OF this
ordinance TO have such bonds directed 70 be issued
bearing interest at the rate OF per cent per an
mum. payable semtannually which option has been
exercised by said y. W. Harris a Co. accordingly:
and whereas the face principal sums of ali said
warrants hereinabove specified aggregate the sum
and to accrue thereon 10 July /, 1881 As rrayidea
ey law 10 ne payable upon lawful warrants of said
CITY sggregates about the sum OF s4s,20o.56, said
principal and interest together amounting TO about
the sum of ssl9, $50 and II will be necessary that
sne tota lace amount of bonds TO be issued and
eoid IN accordance with said contract made by said
city with said y. W. Harris & Co. shall be about
the sum OF s46o.000. in order thereby TO ftInd ali
Gate provided for the issuance OF such bonds shall
De valid or shall have become validated by force of
ordinance No l70s as aforesaid. and shaI he them
stu outstanding and unpaid: and Whereas the
nsy ~ ann ana city ~ e9SnS Of said city have accord
approved April y, 1891, and published In rhe on
sisd nesspapers OF said city on April 81 sei duly
proposed 70 the voters In SAID city In and by sec
ton OF said ordinance No ! ,7o7 for ,heir assent
tnereto a. required BY law. the issuance and the
safe 10 n, w Harms & Co. of CHICAGO illinois, In
pursuance and according TO the terms of said con.
uact With said n w. Harris & Co.
bonds OF said city, In the sum OF four hundred and
sixty thousand dollars $3.50 .0OOl or such lesser
, sm ~ Is as. sn@i De sniilc,en'. for the fund
heretofore ISSUED on the part OF said CITY nv The or
roIae sntho,ues thereof, drawn payable out OF
eaid city, ard herelnahove particularly sescyfhsd
and specified In distinct classes as NAV be valid
ratification OF the attempted incurrinr az the IN
oeeedness represented thereby. given and made in
pursuance OF said ordinance No. zoe OF said civ
herenShove rected, or otherwise and as NAV 6s
ono.ssanaing and unpaid NJ the date in said orai-
nance No l.107 prescribed for the issuance ofsnrh
bonds, towtt July l. 1891 and Cor the fan,1ns =,
tns interest accrued and TO on such wnrreu,s
$3.50, oe nnced 20 said date Of the issue Of such
,uedns bonds; which bonds shall bear late on Julv
= lsyi shall be payable in twenty years AFTER their
sa.s roth principal and interest payable at the Of
~ g ne treasurer OF said city or. at the option OF
the holder of each such bond or interest cnn
Pon' a. The banking house OF said y. w. Harris &
70, VI the city of New York. and shall bear inter-
est payable semi annually on the FIRST eav OF Js1
Iy ana the first day " uiy. IN each year during
snsir term. ~ the rate of per cent per annrr,
ana whereas. said mayor and city council have
- ahn ey section 2 said ordinance No I -f7 rro
r. sa that an election shah he beld al said line ana
n'sets, OF which notice is hereiabelow given fnr
purpose OF voting thereat BY the voters in said
49, 49, upon said proposition submitted to them IA
~ ~ " section OF said ordinance aud in and ~
80 - ordnance have made further provisions Tor
aaoetdinE and conduct OF said election. and have
provided for the issuance and sale OF such bonds in
res-su&ace Of said contract between sad
sy and said y. W Harris q Co, IN
saSe mFeHhfths Of the voters In SAD
..y voting at such election shall thereby as
se.. 20 sach issuance and sale thereof:
ana whereas, both OF said elections IN snd nv