The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-03-01

No 1868 provided TO be held for that purpose. the
issuance and sale BY the corporate authorities OF
OF 1878 600 or such lesser sum as shall be sufii-
Gent for The parpose OF the payment and dis
charge by said city of all said sundry iudg-
meHts both those heretofore recovered and those
that may hereafter be recovered in actions now
against said city not arising out of contract, which
judgments are herainabove mentioned and
designated; which bonds shall bear date on
April !. 1892, shall be payable in twenty
years after their dae, bot principal and interest
payable IN gold coin Of the United safs' sn %
hneness at the Office OF the treasurer Of said city
Or nj the option of the holder Of each such bond 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, l.9oS,
by ordinance designate and sh all be specified on
the face Of such bonds, and as shall bear interest;
payable semi-annually. the first day of April
and the first day Of October in each year during
their term. at the rate of five per cent per antun
AND WHEREAS, said mayor and city counSh
have in and by section OF said ordinance No.
1865 provided that election shall be held ut the
time and places of which notice Is hereihbeioW
given, for the purpose Of voting thereat ny tne
voters in said city upon said proposition submitted
70 them in and by section of said ordinance NO
1858. well upon the several propositions sub
mitted 70 them in anu By the other several ordi-
nances hereinabove and hereinbelow in this notice
mentioned, ana in and by said ordinance No 1866
have made further provisions for the holding and
conduct OF said election and have PROVIDED Tor the
issuance and sale Of such proposed bonds In case
three fihs of the voters In said city voting ut said
election shall thereby assent to such issuance and
sale thereof
AND WHEREAS sundry private property in the
city of Seattle has heretofore been condemned for
pullc purposes by the city of Seatlein sundry pro
ceedngs instituted therefor. and sundry awards of
damages to be paid to the owners of such property
condemned have heretofore been made in such
proceedings and through failure on the part of
said city TO take legal steps In such proceedings
otherwise, for assessments upon property benefited
by the changes or improvements effected by such
condemnation proceedings to pay such awards, or
for the collection of such assessments, the case
may be, and through failure the part of said city
20 of nRaf.ta mn do
said city has become and is liable in
damages, not arising out of contract, to
demned or their assigns, for the amounts OF such
awards and such liability in suudry instances has
not been reduced 10 Judgment against sad CITY nor
were actions pending at the time Of the pas
sage of ordinance No. 1853 of said city herein
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 10 judgments or sued
upon, aforesaid. and the sum of two hundred
and twenty thousand dollars will probably be re-
quired for the payment and discharge of all such
liability the part of said city as aforesaid: and
WHEREAS the total OF the Indebtedness of said
city existing and that 10 be incurred prior TO
the issuance and sale Of such bonds as are by
said ordinance No. 1868 herenbelow mentioned
provided to be issued and sold, and that
to be incurred by the issuance and sale of such
bonds hereunder, Will amount all together to n
sum exceeding one and one-half per centum of the
taxable property in said city as ascertained by the
last assessment for city purposes, hut the same,
elusive of Indebtedness incurred by said city for
works therefor owned and controlled by said city,
does not and will not amount altogether 10 n sum
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 of two
hundred and twenty thousand dollars or such lesser
sum as shall he sufficient. for the purpose of the
payment and discharge by said city of its liability
upon all such awards not reduced TO Judgment or
L. a hoy in and hN ftrti 1Drn
No: 1863 of said city, approved February 2, 1892
and published in the official newspapers of said
voters in said city, in and by section l of said ord
nance, that they assent 10 aud authorize, by the
vote required for that purpose by the constitution
and laws of this state 10 be at the election in
section of said ordinance No 1853 provided TO
be held for that purpose, the issuance and sale by
the corporate authorities of said city of bonds of
the city of Seattle in the sum of $220OOO, or such
lesser sum as snail be sufficient for the purpose OF
me payment and discharge by said city of all its
Liability upon said sundry awards and
demnation proceedings. not reduced to
heremabove 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
fneness at the Office of the treasurer of said city
the option Of the holder of each such bond or
each Interest coupon, at such bank or banking
house in the city of New FORK as the city council
ofssald city shall, after the authorization of such
bonds provided for by said ordinance No. 1853 by
ordinance designate and as shall be specified
payable semi-annually on the first day of April
and the FIRST day of October in each year during
their term, at 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 (which notice is hereinbelow
given and for the purpose of voting thereat by the
OF said city upon said proposition submitted
to them in and by section | of said ordinance No
1859. as well as upon the seve al propositions
submitted TO them In and by the other several
"a nm i'm ha nNtsi
tee mentioned. and in and by said ordinance No.
1859 have made further provisions for the holding
for the issuance and sale of such proposed bonds
In case threeffihs Of the voters in said city voting
at said election shall thereby assent 10 such is
suance and sale thereof.
AND. WHEREAS, The mayor and city council of
said city deeming 1t advisable that said city bor-
row money and contract Indebtedness therefor by
the issuance and sale of bonds of said city in the
sum Of two hundred and forty thousand dollars,
the proceeds of which bonds may be expended for
any strictly municipal purposes of said city, either
general or specific, for which said city council may
after the issuance and sale of said bonds nv ordi
nance or ordinances determine 10 expend the same
or any part thereof. have In and by ordinance No,
1870 Of said city approved February ?, 1892. and
published in the official newspapers of said city on
February 4, 1892, duly proposed TO the voters IN
said city, in and by section of said ordinance,
that they assent 10 and authorize. by the vote
qured for that purpose by the constitution and
laws of this state to be cast az the election in
ton of said ordinance No. 1870 provided TO be
held for that purpose the issuance and sale by the
corporate authorities of said city OF bonds Of the
OF which bonds may be expended for any strictly
municipal purposes of said city, either geheral or
specific. for which said city council may after the
issuance and sale OF said bonds by ordinance or
dinances determine & eNpend the same or any
part thereof; which bonds shall bear date on April
!, 1892, shall be payable in twenty years after
their date, both principal and interest payanle in
gold coin of the United States of America of the
present standard OF weight and tinenesS Mt the
Office of the treasurer OF said city. the option
Of the holder of each such bond or each interest
coupon. ut such bank or banking house In the CITY
Id ~ Itnt
after the authorization Of such bonds provided for
hv said ordnance No a7O nv ordinance desig
nate, and AS shall be specified the face of such
bonds, and shall bear interest, pay able semi-an-
nualiy on the first day of April and the first day
of Octohe: in each year during their term, at the
rate Of five per cent per auIum; and.
WHEREAS the total Indebtedness Of said city now
existing aud that TO tie Incurred prior to the iSSu
ance OF such bonds as are by said ordinance No
1870 provided 10 be issued and sold and that 10 be
incurred by the issuance and sale OF such bonds
hereuDier will amount ali together 10 sum ex-
ceeding one and oneh half per centum Of the tax
able property In said city. uscertained nv the
last assessment for city purposes but the same
exclusive of Indebtedness Incurred by said city for
supplying said city with water and sewers hv
works therefor owned and controlled hv said c,rv
does not and VIII not amount altogether 10 a sum
exceeding ave per ceutum Of the value of the tax
able property in said city, as aScertaned afore-
said:
AND WHEREAS. said mayor and city council
have IN and by section OF ordinance No 1870
provided that an election shall be held At the time
and places OF which notice Is heretnhelow gwen
for the porpose OF voting theTeat by the voters IN
said city upon said pr1po ,i'ion submitted Ia them
IN aud by section Of said ordinance No 80. As
Vel as upon the several propositions submitted TO
them III and by the Other several ordinances here
lnapoNe ana herglnbcl"N "a ll,is notice mentioned
ana IN ana hN said ordinance No 1870 have made
further provisions f'r g'Ir holding and conduct OF
s;Gd election aud have provided tor the Issuance
and sale OF such proposed bonds IN case three fins
OF me voters in Sam city Vn.mS AT said election
shal1 thereby assent 10 such issuance ana sale
ANp WHEREAS. The mayor and city council Of
SAD Guy haNe ne and hy ordinance No l,97l Of
said ciTN, approved February =. l-92. and pub