The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-18

NOIICE UT Of A%|A<'S
tn and authorize by vote required for that pur-
.sf AZ me election in section OF said ordinance
No 9ts provided TO be held for that purpose. tbs
sssuarce and sale by the corporate authorities o.
ali civ az bonds Of the city Of seattle in the sum
on sZ75 900, or such lesser sum As snaH De suin-
Gent fer The purpose OF the psynlsn nsrx an insg
menfs both those heretofore recovered and those
that may hereafter be recovered in actions now
pending against said city. upon eau IS OF ss, ,o
erairsr said city arising out OF contract wnlcn
judgments are hereinabove mentioned ana
Designated: which bonds shall bear date on
April i. 1892. shall be payable In twenty
wears after their dae, both principai and interest
payable in gold coin Of the United states o.
nneness at the Office o. the treasurer OF SAL Siy
or the option Of the hoder o. each sach oona OF
each interest coupon, at such bank or banking
house in the city Of New YORK as the CITY couhc,I
of said city shall, after the authorization OF snsh
bonds provided for by said ordnance y o. i'soc,
By ordinance designate and Sc sh ali De specneu on
the face Of such bonds, and as SHAH pear Intsrest.
payable semi-annually, On the frst day OF April
and the first day Of October In each year curing
their term at the rate Of five per cent per Az hGnl;
AND WHEREAS, said mayor ana si,y couS HI
have In aud by section Of said ordnance No
1858 provided that election shall De heIn q, the
time and places OF which notice - bereinbelow
given, for the purpose Of voting thereat ~ me
voter in sasI civ upon said proposition submitted
TO them In and by section OF sara ornlnAhce 80.
1858, well Is upon the seveTi, proPosltIoiis SUD
rritted 10 them in anu by the other several oTdi-
nances hereinaboye and hereinoeiow IN Uni. nOIlcs
mentioned, ana in and by said ordinance 10 SOS
conduct OF said election and have provided Tor the
issuance and sale Of such proposed bonds In case
election shall thereby assent 10 such issuance and
sale thereof
AND WHEREAS sundry private property in the
city of Seattle has heretofore been condemned Tor
purposes by the city Of Seattle In sundry pro-
caedings instituted therefor and sundry awards OF
damages 10 be IA q to the owners of such property
conde nned have heretofore been made In sucn
proceedings, and through failure on the part OF
said city 10 take legal steps Ia such proceed gs or
otherwise, for assessments upon property Oenente1
by the changes or improvements effected by sGch
condemnation proceedings 70 pay such award, or
for the collection Of such assessments. as the case
may be- and through failure the part OF said city
TO collect sundry Of such assessments so made,
said city has become AMI is liable IL
damages, not arising out OF contract, 70
the sundry owners OF such property con
demned or their assigns. for the amounts OF such
awards and such liability In sundry instances has
not been reduced TO Judgment against sad city nor
were actions pending at the time OF the pas
below mentioned for the recovery Of such Judg-
ments; and whereas the city has no resources at
present available for the payment and discharge OF
its said liability In damages for the amounts OF
such awards, not reduced 20 judgments or sued
upon, as aforesaid and the sum of two hundred
and twenty thousand dollars viii probably be re-
quired for the payment and discharge of all such
liability the part Of said city Aforesaid; and
WHEREAS the total of the Indebtedness Of said
city now existing and that to be incurred priort 10
the issuance and sale Of such bonds as are by
said ordinance No. 1858 herenbelow mentioned
provided 10 be issued and sold and that
10 be incurred by the issuance and sale Of such
bonds hereunder, VIII amount all together to
sum exceeding one and one-hal per centum of the
last assessment for city purposes, but the same
elusive Of indebtedness incurred by said city for
supplying said city with water and sewers by
works therefor owned and controlled by said city,
does not and Will not amount altogether to a sum
exceeding five per centum of the value Of the
taxable property In said city as ascertained as
aforesaid; and
WHEREAS the mayor and city council of said city
deemng IL advisable that said city borrow money
and contract Indebtedness therefor by the issuance
and sale of bonds of said city In the sum of two
hundred and twenty thousand dollars or such lesser
shall be sufficient. for the purpose Of the
payment and discharge by said city OF its liability
upon all such awards not reduced TO Judgment or
sued upon, as aforesaid have in and by ordinance
No. 1853 Of said city. approved February q 1892.
and published in the official newspapers of said
city on February A. 1892. duly proposed to the
voters in said city, in and by section of said ord
nance, that they assent TO aud authorize, by the
vote required for that purpose by the constitution
and laws OF this state TO be cast AZ the election in
section of said ordinance No. 1853 provided to
be held Tor that purpose, the Issuance and sale by
the corporate authorities OF said city of bonds OF
the city OF Seattle in the sum of 100000 such
lesser sum snail be sufficient for the purpose of
the payment and discharge by said city of all its
liability upon said sundry awards and con-
domination proceedings not reduced TO
judgment sued upon, which awards are
herelnabove mentioned. which bonds shall
bear date on April |, 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
hneness, al the Office of the treasurer of said city
w. AT bpliuu Ol luiutF OF edCn SuCn bono or
each interest coupon, at such bank or banking
house in the city of New York the city council
OF said city shall, after the authorization Of such
bonds provided for by said ordinance No 1859. by
ordinance designate and as shall be specified on
the face of such bonds, and shall bear interest,
payable semEannually on the first day of April
and the first day Of October in each year during
their term, al the rate of five per cent. per an
mum.
AND WHEREAS. Said mayor and city council
have in and by section Of said ordinance No.
1869 provided that election shall be held at the
time and places Of which notice is hereinbelow
given and for the purpose of voting ihereat by the
voters of said city upon said proposition submitted
TO them in and by section OF said ordinance No.
1862 rs well upon the seve al propositions
submitted to them IN and by the other several or
dnances heTeinabove and berelnbe ow in this no
tice mentioned, and In aHd bv said ordinance No
1859 have made further prov sions for the holding
and conduct of said election and have provided
Tor the issuance and sale OF such proposed bonds
In case threefhs Of the voters in said city voting
az said election shall thereby assent to such is
suance and sale thereof
AND, WHEREAS, The mayor and city council Of
SAID city, deemtng II advisable that said city bor-
row money and contract Indebtedness therefor by
the Issuance and sale of bonds II said city in the
sum 81 TWO hundred and forty Thousand dollars.
the proceeds of which bonds may he expended for
any strictly municipal purposes OF said city. either
general specific for which said CITY council may
after the Issuance and sale Of said bonds by ordi-
nance or ordinances determine To eNpend the same
or any part thereof have in and by ordinance No.
LStu u said city approved February =, 1892. and
published in the official newspapers Of said CITY on
February !, 1892, duly proposed TO the voters IN
1
that they assent TO and authorize, by the vote Re-
CURED 10y that purpose by the constitution and
aWs OF TINS state TO be cast az the election In sec
,iVii OF sld ordinance No 1870 provided to be
held for that purpose the issuance and sale hv the
corporate authorities Of said city OF bonds Of the
Not seattle IN the sum Of $40 900. the proceeds
OF which bonds may be expended for anv strictly
municipal purposes OF said city. either geAerai or
SPECIFIC, for which said city council NAV after the
issuance and sale OF said bonds bv Ordinance ar ~
dnauceS determine { eNpeud the same or anv
part thereof, which bonds shall bear Jaip on All
j, la
their date, b0th principal and interest u,yanle in
god coin OF the United states Of America OF the
present standard OF weight and fiueuess at the
Office OF the treasurer Of said city or az ne nntinn
OF the holder of each such bond or each Interest
coupon az such bank or banking house ia the city
OF NtM ork as the city council of said city shall
after the authorization Of such bonds provided for
ny SAID ordinance Ma 1870 by ordinance desig-
mate. ana A. shAll be specified the face Of such
bonds and shall bear interest pnvahle semi an
hIally on the first day OF April and the first dav
OF october IN each year during their term. at the
rate OF five per cent per anLUm; and
WnEREAs the total Indebtedness Of said city now
existing and that to he ucuCred prior the isSu'
ShGe OF savh bonds As are by said ordinance Nc
1870 provided TO he issued and sold and that TO be
incurred oy the issuance and sale OF such bonds
h'fehh4or, VIII amount all together "a sum eN-
tSyIns one and one-halt per centuDl Of the tax
abte property 10 said CITY a. a-CertaineI bv the
t.Ss assessment for city purposes, hut the same
exclusive oi Indebtedness incrred by said city for
saipiyinS said city with water and sewers by
WORKS therefor, owned and controlled nv said CITY
uvsS h,'. aug VIII not amount altogether 10 sum
eNeVrd'os i've ver centrum OF the value Of the tax
snts property 10 said city, AS asccrtAutd afore-
ANp wUrErAS SAIL MAYOR ana city counr,I
nave ~ and by section Of ordinance No 1870
provided that an election shall be held at the lime
Tor me purpose ~ voting thercat bv the voters IN
Sa'd 'i'N upon sad " position submitted 70 them
We'll as upon tie several prrpr>itionS submitted IL
i'clh 20 and hv the other several ordinances here
ami To ani ty said ordinance Na la-I have itn n,
fHf;htr pr Visitors or thr ro'dins and conduct ot