The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1891-04-01
THE NEW CITY oRpINANoE.

An ordinance entitled an ordinance to
provide for the submission of the pro-
posed issuance of twenty five thousand
dollars of water bonds to the legal
voters of Dalles city.
WHEREAS, the legislative assem- bly, of
the state of Oregon, at its last biennial
session passed an act authorizing Dalles
city to issue its taxable bonds to the
amount of 5000 for the purpose of
completing and perfecting the water sys-
tenn for said city, now in process of CON
struction and providing for the submis-
sion of the same to the tax paving voters
of said city: and
WHEREAS, the city is indebted to the
water fund in about that sum for money
belonging to said fund which has been
used by the city for other purposes and
which has never been refunded.
Now THEREFORE, the people of Dalles
city do ordain as follows:
Section /. That a special election be
held in Dalles cityon the 18th day of
April 1891, which election shall be held
in the manner in which other city cleo
tions are held, at which election the
proposition to issue the bonds of said
city to the amount of $25, 900 shall be
submitted to the voters of said city who
are qualified to vote thereon under the
provisions of the act.
CCC' OAHU OlCCGlO1l Slldll DC nClO dU
the usual voting places in the different
wards OF said city and the polls shall open
and close at the same hour as other city
elections, and like number of Judges
and clerks shall be appointed by the
same officers and in the same manner as
in such other elections ; and the recorder
of said city shall give ten days notice of
said election in the same manner as
notice is given for other city elections.
Tho holl IN, ho cod
election shall be obtained by the recorder
at the expense of the city and shall con-
Tain the words: ''Shal1 the city bonds
for the completion of the water works, to
the amount of twenty five Thousand dol
lars be issued?' and Immediately below
said words shall be provided blank
space; and If the voter desires to cast
his ballot in favor of issuing the same he
shall write the word "Yes' thereon, but
if he shall desire to vote against the
issuance of the same he shall insert the
word s'No."
Sec. 4. Said vote shall be canvassed
as in other city elections, and if it shall
be found that a majority of the legal
voters at said election have voted in the
affirmative, then said bonds shall be is
sued and sold as by law provided, and
the proceeds thereof shall be turned over
and become part of the water fund of
said city as provided by the act afore
said
Sec. B. 1t is further provided that,
upon the sale of said bonds and the re-
ceipt of the proceeds thereof by the water
fund, the claim of said water fund
against the city for money belonging to
said fund heretofore appropriated to
other purposes shall be fully satisfied and
discharged.
The Oregonian says the statement that
in Kansas and Nebraska mortgage falls
due every ten months is significant not
more. of the sagacity and greed of the
money lender, however, than of the folly
of the borrower. The man who mort
cages his land without intelligently pro-
viding against the day of reckoning that
is one, three or five years away, has no
right to complain if the mortgage he was
eager to secure and the equivalent of
which he has used is foreclosed at the ex-
piration of the specified time. In calling
attention to a condition OF this kind, and
exclaiming, in tones of pity, that verge
upon-the tragical, .'Lo, the poor farmer p
the political sensationalist exposes lack
of prudence and forethought in those
Western farmers that weakens mater