The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-05
NOTICE OF ELrCTIoN.

sundry persons as ci aims against said city and
spectye holders OF said warrants in the respective
sums therein named with interest provided by
law 70 be payable upon lawful warrants of said
NHEBKAs The total indebtedness of said city at
and prior 10 the respective times of the issue OF
said several variants exceeded one and half
per eentum Of the tRxaDle properly in said city
ascertained by the then last previous assessment
for city purposes. but the assent of three-ffths
Of the voters in said city voting al elect held
for that purpose 10 the mourning OF the indebted
denced by said warrants. or Of any of such in
dee;ecness, has not at any time been given; and
respective times OF the issue Of said several var
rants, including the sums named in such warrants
then so issued, but excluding Indebtedness in-
Cured by said city for supplying said city with
water and sewers by works for supplying such
water and sewers owned and controlled by said
city, did not in any instance exceed FIVE per
ceutum Of the taxable property in said city as
ascertained as aforesaid; and
WHEREAS Inc corporate authorities of said CITY
issued all said warrants IN good faith and for value
received to the use OF sa city intending and at
tempting thereby 10 incur valid indebtedness on
the part OF said city upon said warrants respect
lively IN the amounts of each and all of said war
rants severaily and 10 evidence the same by such
warrants, and so issued each and all of said war
rants and so attempted TO incur such indebtedness
hereinabove referred to- prior 10 March z, 1891;
and
WHEREAS The mayor and city council Of said
ring of sa d Indebtedness by the issuance of all
said warrants shall BE- assentsd 70 ana ratified in
the manner authorized by an act of the legislature
OF the of Washington entitled IAN act to en-
able cities and towns To validate certain warrants
and O. her 9bpations and evidence of indebted ness
on the part of sucn cities and towns issued by the
corporate authorities thereof in excess of their e
cal authority. and declaring an emergency TO
exist" passed by the legislature and approved by
the governor of said state on March Z, 1891, have
IN and by ordinance No 1886, OF said city, ap-
proved February 2 1892, and published in the
official newspapers of said city Februsry 1,
1892. duly proposed to the vo ers IN said city. in
and by section / of said ordinance that they
sent to and raiify BY the vote required for that
purpose by The constitution and laws of this state
10 be cast at the election In section Of said
ordnance No 1855 provided 10 be held Tor that
purpose, The attempt q mourning, by acts of the
,0rate authorities of said city, of the indebted
ness on the part OF said city represented by the
warrants aforesaid. embraced within each of the
following specified distinct classes thereof, into
which said warrants are. III and by section l of
said ordinance. divided. with reference TO the
periots which they were respectively issued
and the funds out OF which they We're on their
face respectively made payable to-wit:
Class Vne-Warrants drawn payable out of the
road fund Of said ci5y, and dated end issued on
sundry days between October 4, Is o, and NOcto-
Der IL, 1890, both inclusive. numbered from 3, 13l
To 8. 27 of the year 1890. both inclusive ana the
1918
Class Two-Warrants drawn payable ont of the
street fund of said city, and dated and issued on
sundry days between November 1, 1880, and Feb
urary II 1891 both inclusive numbered from
1885 20 1878 both inclusive, and the face amounts
whereof aggre4 ate the sum of Si3 0s5.74.
Class Three-Warrants drawn pay able out of the
FIRE fund of said city, aud dated and issued
dry days between August 27, 1890 and october ! /,
1890, both inclusive, numbered from 6O7 to $50 of
whereof NJ gregate the sum of S2l,2lg39.
Class Four Warrants drawn payable out of the
issued on sundry DAYS between November l. 1890
and March z, 159l, both inclusive, numbered from
1927 to 926, both inclusive and the face amounts
whereof aggregate the sum OF $23,OSI.O3.
AND WHEREAS, SAID mayor and city council
1865 provided that election shall be held at the
time and places of which notice IS hereinbelow
ior d the r q so.ng thersst BY The
submitted 10 them in and by section ! of said
ordinance No. 1856, as well upon the several
propositions submitted 10 them in and by the
other several ordinances hereinbelow in this
notice mentioned, and in and by said ordinance
No 1865, and have made further provisions for
the holding and conduct of said election and have
declared the effect of any cast such election
whereby threeffths of the voters IN said CITY yot-
ing thereat shall asseat and ratlfy the incurring
of said Indebtedness or of either or any of said
classes thereof
AND WHEREAS. The mayor and city council of
said city, deeming 1t advisable that the indebted
ness both PRINCIPAL and interest represented nv
all said warrants hereinabove mentioned and
classified II ratified and validated by the assent
of three-fths of the voters in said city voting at
said election provided for in and by said ordinance
No. 1856 or that represented by such part of said
warrants, If any. as may be so ratified and val
therefor in ordinance No. 1857 next below
mentioned provided for, have IN and by ordinance
No 1867 OF said city, approved February 2, 1892,
and published in the official newspapers of said
city OH February L. 1892, duly proposed to the
voters In said city, In and by section / of said
ordinance. that they assent to and authorize. by
the vote required for that purpose by the constiu
ton in section Of said ordinance No. 1867 pro-
vided TO be held for that purpose the issuance
and sale By the corporate authorities of said city of
sum of Sl35 900, or such lesser sum az
shall be sufficient for the funding of the principal
of such and so many of said warrants issued prior
TO and on March 7, 1891. the part of said CITY
by the corporate authorities thereof, drawn pay
able out of the road fund. fund fire fund aud
fire department fund. respectively of said city,
and hereinahove particularly described and speci-
ned III distinct classes, as may be validated war
outstanding al he date in
sad ordinance No 1867 prescribed for he
issuance OF said bonds to-wit ApriI / 1892 and
for the funding of the interest accrued and TO
accrue oil such warrants SO 10 he funded, to said
date of the issue OF such funding bonds: which
bonds shall bear date on April l. 1892. shall be
payable in twenty years after their date both
principal and interest payable IN gold coin OF the
United states of America of the present standard
of weight and fineness, al The office of the treas
urer Of said city at the option of the holder of
bank or banking house in the city Of New York as
the city council of said city OF seattle shall after
SAD ordinance, No. 1867. by ordinance
designate, and as shall be specified
the face OF such bonds, and shall bear
Interest, payable semi annually, the
first day Of prii aud the first day of October in
each year during their term, at the rate of FIVE per
cent. per annum.
AND WHEREAS, Said mayor aud city council
have In and by section . Of said ordinance No.
1857, provided that election shall be held at
the time and places of which notice Is hereinbe-
low given, tor the Pgr Ose of voting thereat by
the voters Ia said city upon said proposition sub
mittea TO them ia and by section / of said ordin-
ance No. 1867, as well as upon the several prop
oSiiIous submitted 10 them in aud or the pfber
several ordinances hersinabove and hereinbeioyy
in this notice mentioned and in and by said ord n
ance No. / .967. have made further provisions for
the holding and conduct Of said election and have
provided OF the Issuance and sale of such bonds in
case three l,s f me voters in SAID citv ,,cti -,
SAID election small thereby assent 10 snch issuance
ana sale thereof
AND wHERE4s sundry judgments have heretofore
been recovered against the city Of seattle in favor of
SuHdry persons and upon SundFy causes of action
against said city not arising out OF contract and
for the amounts Of some whereof orders upon The
treasurer nI sald city part OI them drawn upon toe
General tund aid part upon the ''iud IneRt fund"
OF said city. have been issued by the comptroller of
SAID city ia compliance with the requirements of
law, upon AL winch judgments or upon such orders
issued therefor said city is liable 10 the several
Judgment creditors therein or their assigns for the
several amounts thereof. and suudry actions were
at The time II The passage Of ordinance No.
l,Shs OF said city heFeinbeI0y . Toned
pending against said city in avor of sunfrv
persons and upon sundry causes of action against
sald citv not arising OUT OF contract IN which
dr. actions, O. 10 whereof. II II probable that
judgments against city VIII hereafter ne recov-
eIed upon said sundTy causes Of action therein and
IN favor OF the several plaintiffs therein. upon
which Judgments that may hereafter be re
covered IN such pending actions said city
20 the several Judgment creditors therein or their
assigns for the several amounts thereof and
whereas said city has resources at present avail
mems a. Al srnss}d nov recovered or mar rns,
hereafter oe recovered against Il, and the sum Of
tao hundred and seventy five Thousand dollars viii
probably be required f1r the =vrslaut and sroara
81 All s46n 1u suleutS Aforesaid heretofore re-
COVERED against saI1 city au1 All such will prob
ably hereafter he reco cred against 10 ia such pend
lLZ actions ~ aforesaid. and
u rs ErA- Tie total of the Indebtedness OF said
city u5v existing. Rnd that to oe incurred prior 10
the issuance suI 2 Of such bonds as are bv said
otdiu nee. No. 1868 herein Glow uaut .onri.
p-rrite8 70 - issued and sold. AZ q he
la'rt7 Ell hy the Issuance ami le VI such bonds
there adler. viii aluoIut altogether TO sum
eNcee !H- one and one half per centLu of the Tx
aHie property ~ said cty AS a~certairad fie It
ssse-sllrui for city purposes bat tie sane exsll-
Sve 81 Indebtedness Incurred b. SAID City FOR .5p-
I,iNiUE SAtJ city sikh water and bv works
therefor osuef and controlled by said Citt, docs
nDs .ua Ntu uai a;..cnnt altogether 10 8 sam *