The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-10
,orrcE or sprcyzn ELECTION.

40 e6s provided 70 Be held fs- that purpose. the
Issuance ard sale by the eerp9fa,s A,iihrItiss o.
said city sf bonds Of the ty Of seattle IN tue sgri
Il s27S, 0oe, % such lesser som Is ssAh oe soil-
Gent. fer The p1rposs u the payment ann as
Taests, bo;h those heretofore recovered and ihoss
that Say hereafter be recovered n actions nov
against said city not arising ont Of contract winch
Judgments are bsresaaocve Inento1s1 arc
April !. 1892. shan he payable In twenty
years after their Ssse opin prlncips ana interest
psyanIs in gold cy3n Of the TINTED States ~
fneness al the oAcs 81 the treasurer q ssi4 city
OF. a tbs option % the holder Of each sueh bond OF
hassa in he cfty n New YORK as tie city council
OF said CITY shall after the a1fhorizsfiol Of snfh
f,snds provided for BY said ordnance No ] .esS.
bv ordinance designate and Sf 81 De specified On
the face Ct such bonds ard shall bear j. fefesf.
payable seroi-snnualiy. On the nrst day Of April
their term the rate Of i've per cent per aunuin
AsD WHEREAS, sad mayor and city COUNCIL
9es provided that election shall BE- held ., ne
time and places Of whca notice Is bereinbeiols
given, for the purpose If vOtiaS tlfreai BY Inc
voters 30 said cty gp51 said proposition submitted
70 them in and By section Of said ordinance NO
1858 as weii a. upon the seFef proposiiols SUD
ifiei to them IN anu By the other several oidi-
nz1ees herrinatoNe and herciBtelow in this notics
mentioned, ana in snd by said ordinance NJ ,so3
have made further provisions for the holding and
conduct o. said eeetlon ana have provided for the
issuance and sale Of such proposed bonds In case
three 6ftbs 81 the voters in said city voting at said
election shat thereby assent - such issuance and
sale thereof.
Am wmgsgAs sundry private property in the
eltg Of seattle mas heretofore been condemned for
IA iC purposes by the city Of Seattle in sGndry pro.
cee5ngs instituted therefor. and snndry awards ~
condemned have heretofore been made in such
proceedings. and through failure on the part OF
faid city take legal steps. In such proceedings or
Otherwise for assessments upon property Denehtei
by the changes or improvements effected by sucfi
condemnation proceedings % psy such award, or
for the collection OF snc assessments. as the case
may be- and through failure the part of said city
70 collect sundry Of such assessments 80 made,
said city has become AMI is liable In
damages, not arising out Of contract, TO
tie snHdry owners ~ such property so con
defnred or their assigns, for the amounts OF such
awards and such liability in sundry instances has
been reduced TO Judgment against sad city nor
were ACTIONS pending al the time Of the pas
below mentioned for the recovery Of such Judg-
ments: and whereas the city has no resources MT
present available for the payment and discharge Of
its said liability In damages for the amounts 81
such awards NOT reduced TO judgments or sned
upon aforesaid. aud the sum Of two hundred
and twenty thousand dollars viii probably be re-
aulred for the payment and discharge Of ali such
liability the part Of said city Aforesaid: and
WHEREAS the total 81 the Indebtedness Of said
city existing, and that 10 be Incurred prior TO
tic issuance and sale q sncn bonds as are ny
said ordinance No. 1858 hereinbelDw mentioned
provided be issued and sold. and that
20 he incurred by the issuance and sale Of such
bonds Hereunder, VIII amount all together 70 -
sum exceeding one and One-talf per centuIn 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
supplying said city with wafer and sewers by
works therefor owned and controlled by said city
does not and viii not amount altogether 10 sum
exceeding Eve per cenfum Of the va.ue OF the
taxable property In sad city as ascertained as
aforesaid. and.
WHEREAS the mayor and city council Of said city
deerniHg 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 aud twenty thousand dollars such lesser
shall he sufficient. for the purpose Of the
payment and discharge by said city of It's liability
upon all such awards, not reduced 10 Judgment
sued npon aforesaid. have in and by ordinance
and published ifI the Official newspapers OF said
city on February =, 1882 duly proposed 70 the
voters said city.in and By section Of said ordi-
rance thai they absent 10 and authorize, by the
vote required for that purpose by the constitution
and laws Of This state 70 be cast at the election in
section Of said ordinance No. 1863 provided to
be- held for that purpose. the issuance and sale by
the corporate authorities Of said city Of bonds OF
tbs city Of Seattle In the sum 81 S22O.o00 or such
lesser snail be sufficient, for the purpose OF
the payment and discharge by said city Of all Its
domination proceedings, not reduced TO
Judgment nor sued upon, which awards
hereinabove mentioned. which bonds shall
bear date on April ], 1892, shall be payable in
twenty years after their date. both pTin1 ipal and
Interest payable in gold coin of the United States Of
America Of the present standard Of weight and
fineness the Office OF the treasurer of said city
or. at the option Of the holder Of each such bond
each Interest coupon, at such bank or banking
house IN the city Of New York as the city council
Of said city shall after the authorization of such
bonds provided Tor by said ordinance No 1 1863 by
ordinance designate and as shall be specified on
the face OF such bonds, and shall bear interest
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.
1859 provided that election shall be held at the
time and places Of which notice Is hereinbelow
given and for the purpose of voting thereat by the
voters OF said city upon said proposition submitted
to them in aud by section / of said ordinance No.
i g3sl a. welI as upon the several Ironasitions
Ia ~ m ff9ao fhara
dinances herelnabove and hereiube low in this
tice mentioned. and In and by said ordinance No.
1853 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 threehs 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 city council OF
said city. deenling 1t advisable that said city bor
row money and contract indebtedness therefor by
the issuance and sale of bonds Of said city the
# two hundred and forty thousand dollars
the proceeds Of which bonds may be expended for
any strictly municipal purI of said city, either
general or spec &c for which said civ counciI NAV
after the issuance and sale OF said bonds by ordi.
nance or ordinances determine TO expend the same
or any part thereof. have In and by ordinance No.
1870 nf said city approved February .. 1892. and
published la the official newspapers OF said city on
February 4, 1892, duly proposed 10 the voters IN
said city, IN and by section ] of said ordinance,
that they assent TO and authorize, by the re-
CURED TOR that purpose by the constitution aud
ton z OF said ordinance No. 1870 provided 20 he
held for that purpose the issuance and sale ny the
corporate authorities OF said city Of bonds OF the
city of Seattle In the sum of 2i0 900 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 tho
Issuance and sale of said bonds by ordinance
dinanceS determine q eSpend the same or any
part thereof; which bonds shalt bear date on April
]. 1892. shall be payable In tweaty years after
their date, both principal aud 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
AaFsn N,UEn
OF New YORK 81 the city council of said city shall
after the authorization of such bonds provided for
nate. and as shall be specified the face of such
bonds and shall bear interest. payable seminar
nnaly on the ilrst day OF April and the first day
of October Ia each year during their term, at the
raie OF hNe per cent per anrum; and,
WHEREAS the total Indebtedness Of said city now
existing, and that 10 be incurred prior the issu
Ance of such bonds ns are by said ordinance No.
1870 provided TO be issued and sold and that TO he
incurred by the Issuance and sale OF such bonds
ceediug one and unc-half per Cenium of the tax
able property in said city. as RsCerfafned by the
exclusive OF indebtedness Incurred by said city for
supplying said CITY with water and sewers by
works therefor, owned and controlled by said citv
does hot and VIII not amount altogether 10 a sum
exceeding We per centum % the value of the tax
ste property IN said city. ascertained as afore-
said.
ANp WHEREAS, said mayor and city council
nave ~ and hy section Of ordinance No. 1870
provided that an election shall he he! at the time
and places Of which notice Is hereinhciow given
for the purpose Of voting tbereat nv the voters in
eald city upon said proposition submitted 60 them
Ia ana by section ut said ordinance No. .g-b As
wei aN upon the several propositions submitted u
ti'n IN aud by tho other several ordinances here
iuAhnVe and hcrenbcloN be JhtS notice mentioned,
and 10 and by said ordinance No $40 have made
further provisions for the holding and conduct Of
said election aud have provided for the issuance
a sue OF such proposed bonds TN case three uiths
81 the voters in said city voting at said election
SHAH thereby assent 10 such issuance and sale
thereof
ASp WHEREAS. The mayor and city council OF
SAID city, have IN and nv ordinance No. I 81 OF
said city approved February =. lSg1. and pub
ustet IA the official newspapers OF said CITY on
February J. 1884, duly proposed 20 the voters IN
said city, IN ami by section 1 Of said ordinance