The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-02-15
xor1cr OF SPECIAL ELECTION

80 = -
- ana au,borize by fhsrote required for that pnr-
80 he the constitution and laws Of this state 20
K c.sf At the election in section OF SAID
r. ass nroyided 10 be held for that purpose me
= 2, d,soo M sale bv the corporate authorities OF
aid city Of bonds of the city Of Seattle "a me
or s275 600 or such lesser sum As sns and dts
charge by said city Of su said snndfy Juosa
meets both those heretofore recovered anu No oy
that M ay hereafter be recovered in actions noM
pending against said city. upon cau,es OF scs.oh
against said city not arising out Of contract wnoa
deslgnafed: which bonds shall bear date On
AprIi l. 1892 shall be payable 10 twenty
ggsSa5,e in gold coin OF the United states Of
America Of the present standard o. weish, as1
neusss at the office OF the treasurer Of SAL Guy
or Of the option the holder of each such BOND or
each interest coupon, at such BANK or oahhhS
house in the city Of New York a. the city couhci
Of ss.d civ shall after the authorization of such
bonds provided for by said ordnance 80. l,Soo,
by ordinance designate and as sh ali os sP.Sisu ~
the face Of such bonds. and shall bear interest:
payable semi-annusIly, en- the hrst Gay OF AIrn
an tho first day Of october In each year during
their term the rate of five per cent per an nuul
Avn wurREAs said MAJOR and city coancu
have in aud By section OF said oriinafes 30.
96s provided that an election shall be held AZ the
time ana t,iaces ~ which notice IL hereinbelow
gwen for the purpose Of voting thereat oy ne
voters in said city upon SAID prop s w
10 them 10 and by section OF saId Ordinance 80.
1853 as well a. upon the several propositions sub
mitted to them in ana BY the ether sevsra ofd
mentioned ana in and by said ordinance No l,sbs
have made further provisions for the holdins ana
issuance and sale Of such proposed bonds In case
fhreeffhs of the voters in said city voting at sad
election shall thereby assent to such issuance and
sale thereof
AND WHEREAS sundry private property in the
city OF Seattle has heretofore been condemned tor
pualc purposes by the city Of Seattle in sundry pro-
ceedngs Instituted therefor. and sundry awards OF
damages to be pa d to the owners of such property
conden ned have heretofore been made in such
proceedings and through failure the part of
taid city take legal steps H. such proceed ngs or
otherwise for assessments upon properly oehehte1
hut he
condemnation proceedings 70 pay such awards, or
for the collection OF snch assessments, as the case
may be- and through failure on the part OF salfcty
10 collect suHdry of such Assessments so made,
said city has become AMI liable IN
s sadrv not osTs s oEs ofopeTn So
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
sage Of ordinance No 1853 Of SAID city herein
below mentioned for the recovery OF such Judg-
ments; and VIII ereas 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 sued
upon, as aforesaid. and the sum Of two hundred
and twenty thousand dollars will probably be re-
auired for the payment and discharge of ali such
liability the part of said city Aforesaid and
WHEREAS the total Of the Indebtedness OF said
city existing, and that to he Incurred prior to
the Issuance and sale of such bonds as are by
said ordinance No. 1868 hereinbelow mentioned
TO be incurred by the issuance and sale of such
bonds Hereunder Will amount all together to
sum exceeding one and one ilat per OF tne
taxable property in said city as ascertained by the
last assessment for city purposes but the same, eN-
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 n sum
exceeding five per centum of the value of the
taxable property in said city as aseeriained as
aforesaid; and,
WHEREAS the mayor and city council of said city
deeming 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
nFraf Ion fR-af a
sum as shall be sufficient. for the purpose of the
payment and discharge by said city Of lis liability
sued upon aforesaid, have in and by ordinance
No. 1869 Of said city. approved February 2, 1892
and published In the official newspapers of said
city ou February a. 1892. duly proposed 10 the
voters IN said city, in and by section of said ord
nance, that they assent 10 and authorize, by the
vote required for that purpose by the constitution
and laws of this state to be cast 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 S220000 or 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
demnatlon proceedings, not reduced to
judgment nor sued upon, which awards are
hereinaoove mentioned. which bonds shall
twen 1 wears ster their date both prIpepaI and
interest in gold coin of the United States Of
America Of The present standard OF weight and
hueness, at the Office of the treasurer of said city
or at the option of the holder of each such bond or
each Interest coupon. at such bank or banking
of said city shall. after the authorization of such
bonds provided for by said ordinance No 1863 by
ordinance designate and as shall be specified
the face Of such bonds, and shall bear interest,
payable seml-annually on the first day of April
and the first day ofoctober in each year during
their term, at the rate of i've per cent. per
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
10 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
dinances hereinabove and hereinbe ow In this
tice mentioned. and in and by said ordinance No.
1869 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 three-hs Of the voters in said city voting
at said election shall thereby assent to such is
suance and sale thereof
Am. WHEREAS, The mayor and city council of
SAID city, deeming II advisable that said city Dor
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
general or specific, for which said city council may
after the Issuance and sale of said bonds by ordi-
nance or ordinances determine 10 expend the same
or any part thereof, have in and by ordinance No
Igto q said city approved February ., 1892. and
published in the official newspapers of said city
February !. 1892, duly proposed 10 the voters IN
SAID city, in aud by section l of said ordinance,
lhht they assent 10 and authorize by the vote re-
qulred for that purpose by the constitution and
laws Of this state be cast at the election In sec
ton Of said ordinance No. 1870 provided TO he
held for that purpose the fssuafice and sale by the
corporate authorities of said city of bonds of the
city Of Seattle in The suu of s24D nD rho nroceeds
OF which bonds may be expended for any strictly
municipal purposes of said city. either general
speclne, for which said city council may after the
issuance and sale Of said bonds by ordinance
dinsnces determine . expend the same any
part thereof. which bonds shall bear date April
!. les-, shali be payable in twenty years after
their date, both principal and interest payable In
god coin of the United states of America OF the
present standard Of weight aud fineness at the
o.s OF we treasurer OF said city, or. at the option
OF the holder Of each such bond or each interest
coupon, 81 such bank or banking house In the city
81 New ork a. the city council Of said city shall
aiter the authorization OF such bonds provided for
ny said ordinance No 1870. by ordinance desig-
nate ana as sha!l pc specified on the face OF such
bonds, and shall bear Interest. payable semi-au-
ngaily On The hrst day OF April and the first day
OF october m each year during their term, at the
rate OF i've per cent per Rum; and.
WnsBEAs The total Indebtedness Of said city
existing aud thar to be incurred prior to the sSu'
lt1O provided 10 be issued and sold and thar to he
Incurred by the issuance amt sale of such bonds
'erdlng one and one,haH per centum Of the tax
able property In said city. AS ascerialued by the
exclusive Of indebtedness Incurred by said city for
Supplying said city with water and sewers by
N"tSs therefor owned and controlled by said city,
- ~. Ana VIII not amount altose;has 10 sum
eAC'c3ins I've per ceatuui Of the value Of the taN
said: - '-'u '''S' ~ '9'i''u ~ "'0i'-
AND WHEREAS. said mayor and city council
| nave IN and by section = Of ordinance No, 1870
PROVIDED that an election shall be held al the time
ana places % which notice Is hereinhelow given,
for me purpose OF votus thereat by the voters in
SAN CITY npon said prapo-gion submitted to thea
~ ana pA section OF said ordinance No 1870, as
well ~ upon the several propositions submitted 10
lhel w teH ~ me other several ordinances here
ihA'Ne anu hervtnhelnw is 'hl> notice mentto ed.
ana an anl ~ said ordinance M 1870 have made
fNftheg ~ Visions tgr IN" holding and Coniuct II
said election ard havr provided tor the Issuance
and sale Of snca proposed bonds n case three, tths
81 tnc voters 10 sAt city NuNns az said election
shall thereby assent 80 such issuance and sale
thcrrOt
AND WHEREAS. Tho msyor ard city Council Of
said CITY. haNv iu AMI hy ordinance Ne. % ~
said CITY apFroNct February =. ls92, aad pub