The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-21
NOTICE OF EIroy,o~

rnitted 10 them In and BY section 1 n 49, sub
ance No ,367, as well as upon the ss,s ordiR
osisions submitted to them in anS sssfA prop.N
several ordinances hereinabove and 2n. as oahes
IN This notice mentioned. and in and ~ "a
ance NO. 1857, have made further rsos,. $50 ofdn-
the holding and conduct Of said eecto ,sons fsc
provided Tor the Issuance and sale ~ -. 10 azys
tass MINIS % the voters in sad city vrrir
snd saie tSs-ens 'efeoy assent 10 such sgss,.
AND WHEREAS sundry judgments havan....-
neeu recosered a.,Iist the city Of Seattle 10 fsva.
sundry persons and upon sunday causes ns W.
against said city not arising out Of s<.loa
Tor the amounts Of some whereof orders no. 40
treasurer Of said city, part % them drarn a ~
general fund" and part Upon the .jragrra ,n ihs
OF said city. have been issued BY the er- laA0
said city In compliance with the reaairs,,ss.
law, upon all which judgments or upon srh -
issued therefor said city is Liable Ia ~ o.len
judgment creditors therein or their ass-,. VEN
several amounts thereof. and sIndrv srsir.v ~
at the time Of the passage Of o-1inanc. y" ~ !
1868 Of said city hereinbeow r-s.s, ~
pending against said city in iavor on I $500
persons and upon sundry causes OF alton sssE
said city not arising GU, Of contrast n srhes
dry actions, or IN some whereof it Is nrohsssa ~
judgments against said city viii hereafter ha -
cred upon said sundry causes Of action thsre, y,
in favor of the several plaintiffs therein a. ~
which judgments that may hereaffar 4. ~
covered in such pending actions ssM NH
viii upon recovery thereof berone rs,yyI
10 the several Judgment creditors therein q, xsU
assigns for the several amounts thersss -
whereas said city has resources at praseDf 49,,
able for the payment and discharge OF sueh ~
ments aforesaid, now recovered Or thst 49, .ssI
hereafter be recovered against it, and the mn ~,
two hundred and seventy five thousand do,lsrs ~
probably be required for the payment and dsrss-
of all such judgments aforesaid heretofors :,
covered against said city and all such as win us.I
ably hereafter he recovered against Ii In sncb 80
ing actions as aforesaid: and
WHEREAS the total Of the Indebtedness of ,.yE
city now existing and that to he incurred pror NJ
the Issuance end sale Of such bonds as are by ~
ordinance, No. 1858 hereinbelow uasntn,.s
provided to be issued and sold, and that "a = (
Incurred by the Issuance and sale of such MIA.
there LIftgr. VIII amount altogether tn I.
exceeding one and one-haf per centum OF the ~,
able property In said city as ascertained ny the n.
assessment for city purposes but the same exeia
sive Of Indebtedness Incurred by sand city for nm
plying said city with water and sewers by vovt.
therefor owned and controlled BY said city. doesI
not and VIII not amount altogether TO a sum ~
ceed'Dg tye per centum Of the value of the taxxks
property in said city as ascertained a;orssas1
and,
WHEREAS the mayor and city council Of said r;.,
deeming il advisable that said city borrow mopev
and contract Indebtedness therefor by the Issuance
and saleof bonds Of said city in the OF two
arsI and Seventy-five thousand dollars or such -
snail oe sufficient for the purpose 4 ~
payment and dilcharge by said city Of all saca
judgments against IL, both existing and prospective
as are Lsreinabove mentioned and desirnatsi
have in and by ordinance No. ,96S of sad cIir
approved February 2, 1892, and published in Il, |
Official newspapers Of said city on February
1892 Only proposed to the voters in said city
and By section of said ordinance. that they asse
10 and authorize. by the vote required for that On
pose BY the constitution and laws of this state d
be cast az the election in section of said ordne1
No 1868 provided to be held for that purpose IL
issuance snf sale By the corporate anth0ririsse
said city Of bonds Of the city of Seattle in the sun
Of s215 600. or such lesser sum as shall be SUI
cie1L fer The p1rpose Of the payment and dh
charge BY said city of all said sundry iusr
Tne1ts, b0th those heretofore recovered and thoss
that q AZ hereafter be recovered in actions ~
against sad city not arising out Of contract xhs
,rczDs1-z are herEinabove mentioned s1d
designated: which bonds shall bear date o.
April ! 1922 shall be payable In twenty
years ssssr rheIr date both principal and Interest
payable II god coin Of the United states Il
ArnsricA 81 the PRESENT standard OF weight All
or a. the Option ofIhe holder Of each such bond o.
each Interest coupon, at such bank or banking
Of said city shan, a1er the authorization Of such
bonds Provided for BY said ordnance No. 96s
By ordinance designate and sh all be specified on
the fce Of such eolds. and as shall bear Interest,
payable semiGnnnNliy. on the first day Of April
ana the first day Of October in each year during
tneir term =. the rate Of ve per cent per sn NUN.
AND WHEREAS. said mayor and city council
nave IN and by section Of said ordinance No.
9os provided that an election shall Be held al the
time and places Of which notice il hereinhelos
given. for the purpose of voting thereat BY TIE
voters IN said city upon said proposition suhnli4
% them in ami by section OF said ordinances Va
less. as vel as upon the several propositions sub
United to them in anu by the other several ortr
naaces hereinahove and hereinbelow in this n0tics
mentioned. anc in and by said ordinance No .261
have made further provisions for the holding and
conduct OF said election and have provided for tie
issuance and sale Of such proposed bonds In czaI
threehfths of the voters in said city voting a sd
election shall thereby assent 10 such ISSUANCE sn
sale thereof. I
AND WHEREAS sundry private property "a thS
city OF Seattle has heretofore been condemnsf 70
pu lie purposes by the city of Seattle in sund pro-
ceedings instituted therefor. and snndry awlrts d
damages to be paid to the owners of such propzny
Condemned have haretofora haer n, ada IN xnrn
proceedings, and through failure on the par q
said city TO take legal steps In such proceedings
otherwise, for assessments upon properly benefited
by the changes or improvements effected BY such
condemnation proceedings 10 pay such awards, q
Tor the collection OF such assessments as the cas
may be- and through failure on the part Of said city
To collect sundry OF such 'sessmenfs 80 made
said city has become and is liable
the snndry owners Of such properly 50 eor
demned or their assigns. for the amounts Of such
awards. and such liability In sundry instances hA
Were actions pending at the time OF the pzt
sage of ordinance No. 1853 Of said city herein
below mentioned Tor the recovery OF such Jnis
ments; and whereas the city has no resources q
present available for the payment and dischares
its said liability in damages for the amounts q
such awards, not reduced TO judgments or sued
upon. as aforesaid. and the sum of two HUNDRED
and twenty thousand dollars will probably be y
CURED for the payment and Discharge Of ali snc1
liability on the part of said city Aforesaid. an1
WHEREAS the total of the Indebtedness OF sak
city now existing. and that to be incurred priar
said ordinance No. l ,e6S hereinbelow meutionef
provided to be issued and sold, and the'
10 be incurred by the issuance and sale Of safn
bonds hereunder, viii amount all together 20 3
sum exceeding one and one-half per eentum Of ne
taxable property In said city as ascertaned By Tho
last assessment for city purposes, but the same II
elusive Of Indebtedness Incurred by said city iof
supplying said city with water and sewers ~
works therefor owned and controlled by said CITY,
does not and will not amount altogether to sun
exceeding hye per centum of the value Of ~
taxable property In said city as ascertainea y
aforesaid: and.
WHEREAS the mayor and city council Of said citJ
deeming ii advisable that said CITY borrow money
and contract Indebtedness therefor by the ssuance
and sale of bonds OF said city in the sum Of two
md a
sum as shall be sufficient. for the purpose o. ny
payment and discharge by said city OF its Liability
upon all such awards. not reduced to judgment @
sued upon, as aforesaid have in and by ordlns1S
10. 1869 of said city. approved February 2. lss.
and published in the official newspapers OF sse
city on February 4. 1892, duly proposed 70 "
voters in said city, in and by section OF said ofar
nance, that they assent 10 aud authorize by -
vote required for that purpose by the constltuIoA
and laws of this state to be at the election "a
section Of said ordinance No. ,969 provided 70
be held for that purpose, the issuance and sal9
the corporate authorities OF said city OF oon1su
the city of Seattle in the sum Of s2oOOO, or sass
lesser sum snail be sufficient for the purpose
the payment and discharge BY said city on al y
liability upon said Sundry awards ana CUE
domination proceedings not reduced 70
1 Judgment nor sued upon. which awards ~
hereinaboye mentioned. whch bonds ~ sas ~
twenty years after their date. o0ta principal an1
interest payable in gold coin o. the United salss
America of The present standard OF weigh. ~
neness, at the Office OF the treasurer OF sad 81!
or at the option Of the holder Of each such oona
each interest coupon. at such bank or otns.sii
house in the city of New York Is the city coune.
of said city shall after the authorization o. SUI
bonds provided for by said ordinance No. l,sos y
ordinance designate and as shall be Specineu -
the face of such bonds. and shall bear lntefess11
payable semi-annually on the hrst day OF AR.s
and the first day of october in each year dni.s
their term, az the rate of i've per cent per -
mum. -
AND WHEREAS. said mayor and city couTI
have in and by section OF said ordinance ~. ~
1859 provided that an election shall be held = 49,
time and places of which notice Is herelnnsw-
given, and for the purpose of voting thsreat ~
voters of said city upon said proposition X =
to them in and by section of said ordinance -
q6q as well as upon tue several proposiiles
submitted TO them Ia and by the other SEVERN Y.
diuances hereinahove and herein BE- -ow IN tns " "
tice mentioned. and in ana by said ordinance - -
.969 have made further provisions for the nofsa
and conduct of said election and have pr9snssss
for the issuance and sale Of sucn proposed 100