The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-26
NOTICE OF Special ELECTION.

be cast at the election In section of said ordinance
issuance and sale by the corporate authorities of
said city of bonds of the city of Seattle in the sum
| of 1916 900 or such lesser sum as shah be suiii
| Client for The purpose of the payment and dis
| charge by said city of all said sundry 1udg'
ments, both those heretofore recovered and those
that may hereafter be recovered in actions now
pending against said city upon causes OF action
against said city no, arising out of contract which
| Judgments are hereinabove mentioned ana
| designated: which bonds shall bear date on
April !, 1892. shall he payable in twenty
| payable in gold coin of the United states OF
| America OF the present standard OF weight ana
hneness at the Office OF the treasurer OF sa1 city
or at the option of the holder of each such bono or
each interest coupon, at such bank or hanK I
of said city SHALL amer the authorization of such
| bonds provided for by said ordinance no. l.sos,
the face Of such bonds, and as shall bear ~
| payable semi-annually. ON the hrst DAY OF AprIi
and the first day of October III each year during
their term the rate of five per cent. per IN mum;
| AND WHEREAS, said mayor and city councu
| have in and by section of said ordinance 70.
| time and places OF which rotce is herenhelow
given, for the purpose of voting thereat by ths
voters In said city upon said proposition supniiIteu
| to them In and by section of said ordinance No.
1868, as well as upon the several propositions sub
mitted to them in ana by the other several ordl-
| nances hereinabove and herelnbeow in this notice
| mentioned ana in and BY said ordinance No pos
| have made further provisions for the holding and
conduct OF said election and have provided for The
| issuance and sale of such proposed bonds In case
threeffths Of the voters in said city voting at said
election shall thereby assent TO such issuance ana
sale thereof
AND WHEREAS sundry private property in the
city of Seattle has heretofore been condemned Tor
pu0ic purposes by the city of Seattle in sundry pro-
ceedings instituted therefor. and sundry awards OF
| condemned have heretofore been made in such
! proceedings, and through failure on the part OF
said city TO take legal steps in such proceedings or
otherwise for assessments upon property benefited
by the changes or improvements effected by such
| condemnation proceedings To pay such award, or
for the collection of such assessments as the case
may be, and through failure on the part OF said CITY
| to collect sundry Of such assessments SO inaue,
damages, not arising out of contract, to
the sundry owners OF such property so con,
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
sage of ordinance No. 1869 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
! It's said liability In damages for the amounts of
| such awards, not reduced TO judgments sued
upon as 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 on the part of said city as aforesaid
WHEREAS the total of the Indebtedness OF said
city now existing and that to be incurred prior to
| the issuance and sale of such bonds by
said ordinance No.. 1853 hereinbelow 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
| sum exceeding one and one-half per centum Of the
taxable property in said city ascertained by the
| last assessment for city purposes but 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 to sum
| exceeding hve 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
deeming 1t 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, such lesser
sum as 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 1859 of said city. approved February 2, 1892.
| city on February 4, 1892, duly proposed to the
voters in said city, in and by section of said ordi
vote required for that purpose by the constitution
and laws of this state 10 be cast at the election in
section Of said ordinance No 1859 provided to
the corporate authorities of said city Of bonds of
the city of Seattle in the sum of 100000, such
lesser sum as snail be sufficient for the purpose of
the payment and discharge by said city of all its
| liability upon said sundry awards and con-
| Judgment nor sued upon, which awards are
hereinabove mentioned, which bonds shall
| 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
neness, the Office of the treasurer of said city
or at the option of the holder of each such bond
house in the city Of New York as the city council
OF said city shall after the authorization of such
| ordinance designate and shall be specified on
the face of such bonds, and shall bear interest,
| payable semiannually on the first day of April
and the first day of October in each year during
their term, ut the rate of five per cent per an
NUN.
| AND WHEREAS, said mayor and city council
have in and by section of said ordinance No
1859 provided that election shall be held at the
| time and places of which notice is hereinbelow
given and for the purpose of voting therea by the
voters of said city upon said proposition submitted
| TO them in and by section of said ordinance No
submitted to them in and by the other several or
| dinances hereinabove and herenbe ow in this no.
| ttce mentioned. and in and by said ordinance No.
1863 have made further provisions for the holding
| aud conduct of said election and have provided
for the issuance and sale of such proposed bonds
In case threetfhs of the voters in said city voting
at said election shall thereby assent to such is
suance and sale thereof
| AND, WHEREAS, The mayor and cits- council of
said city. deemng it advisable that said city Dor
row money and contract indebtedness therefor by
the issuance and sale of bonds of said city the
sum e two hundred and forty thousand dollars,
the proceeds of which bonds may be 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 ord-
| or any part thereof, have in and by ordinance No
1870 Of said city approved February 2. 1892, and
published in the official newspapers of said city on
February 4, 1892, duly proposed 10 the voters IN
said city, in and by section l of said ordinance,
that they assent to and authorize nv the vote 70,
| quired for that purpose by the constitution and
laws of this state, TO he cast at the election in
| ton of said ordinance No 1870 provided to he
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 $40 900 the proceeds
|
municipal purposes of said city, either general
specific for which said city council may after the
issuance and sale of said bonds by ordnance
| dinsnccs determine t expend the any
| part thereof; which bonds shall bear date April
i. 1897, shall be payable in twenty years after
their date both principal and interest pa yahle in
| gold coin of the United States of America of the
| present standard of weight and fineness, at the
office OF the treasurer Of said city or, al the option
! OF the holder OF each such bond each interest
coupon, at such hank or banking house in the city
of New ork as The city council of said city shall
after the authorization of such bonds provided for
by said ordinance No. 1870 by ordinance dnsiC-
nate and as shall be specified on the face of such
| bonds, and shall bear interest, payable semi an
nunlly ON the first day of April and the first day
OF October in each year during their term, at the
| rate OF hve per cent per anLum: and.
WHEREAS the total Indebtedness Of said city now
existing, and that 20 be incurred prior to the ssu
| anee of such bonds AS are by said ordinance No
lSIO provided to be issued and sold, and that To
| incurred by the issuance and sale of such bonds
| hereunder, VIII amount all together to n sum OK
| ceeding one and one half per ccntun of the tax
able property IN said city, as aScertained ny the
last assessment for city purposes, but the same.
exclusive Of Indebtedness Incurred by said city for
/ supplying said city with water and sewers nv
works therefor. owned and controlled hv said CITY
does not and will not amount altogether TO a sum
exceeding five per cpntum OF the value OF the tax
s saf property IN said city as a9'eF'"n9d as afoTe
| 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 hereiUbelow given,
fot The purpose " voting thcreat by the voters in
1 said ely upon said proposition submitted to them
| Ia and by section of said ordinance No 1870 as
wrl A. upon the several propositions submitted to
/ thcm On and hythe other several ordinances here
inaooNo and hcry'nheloN ju ihtS notice mentioned
ami 10 aud by said ordinance No go have made
further provisions frr the holding and conduct of
SAID election aud have provided Tor the Issuance
and sale OF such proposed bonds m case thrn II las
ofthe voters Ia SAID glty voting M saii slarttnr
| shau thereby assent TO such issuance and sale
| said city, have u and nv ordinance, No OIL Of
| said city, Approved February =, lo92 and pub