The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-03-04
NOTICE OF SPECIAL ELECTION.

NOTICE OF SPECIAL ELECTION
10 and authorize by the required for that pur-
pose by the constitution and laws of this state. to
No. i 1868 provided be held for that purpose the
issuance and sale by the corporate authorities Of
said city Of bonds of the city OF Seattle 10 the
of &275 900, or such lesser sum shall be suf-
Gent, for The purpose of the payment and dis
charge by said city of all said sundry judg-
ments, both those heretofore recovered and those
that may hereafter be recovered in actions now
pending against said city, upon OF action
against said city not arising out of contract which
DESIGNATED; which bonds shall bear date on
april ], lss2. shall be PAYABLE in twenty
payable in gold coin Of the United States OF
America OF the present standard of weight and
hneness, at the office OF the treasurer Of said city
at the option ofthe 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 1858,
by ordinance designate and rs sh all be specified on
the face Of such bonds and as shall bear interest,"
payable seni-annually. On the first day Of Apnl
their term, at the rate of five per cent per anBum
AND WHEREAS, said mayor and city council
nave in and by section 2 OF said ordinance NO.
i5oo provided thai an election shall De heid AZ ,he
time and places of which notice is hereinbelow
given, for the purpose of voting thereat by the
voters In said city upon said proposition submitted
to them in and by section Of said ordinance No.
1865 as well as upon the several propositions sub
mitted TO them in anu by the other several ordi-
naBces hereinabove and hereinbelow in this notice
mentioned, ana In and by said ordinance No 1868
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
hreefths of the voters in said city voting at 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
pu olc purposes by the city of Seattle In sundry pro-
ceedings instituted therefor, and snndry awards of
10 pc pad 70 sne owners %
proceedings, and through failure on the part of
ad city to take legal steps. in such proceedings
Otherwise for assessments upon properly benefited
by the changes or improvements effected by such
condemnation proceedings 70 pay such awards, or
for the collection Of such assessments, the case
may be- and through failure the part of said city
TO collect sundry of such assessments so made,
damages not A arisinS out Of Contract tis to to
the sundry owners of such property so con-
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 1859 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 TO judgments sued
upon, as aforesaid. and the sum of two hundred
and twenty thousand dollars will probably be
quired for the payment and discharge of all such
liability on the part of said city Aforesaid. and
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 as are by
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 a
sum exceeding one and one-half per centum of the
taxable property in said city as ascertained by the
last assessment for city purposes but the same
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 a sum
exceeding five 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 it 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
upon all such awards, not reduced 10 Judgment
sued upon, as aforesaid, have in and by ordinance
and published in the official newspapers of said
city on February A, 1892, duly proposed TO the
voters said CITY, in and by section of said ordi
nance, that they assent TO aud authorize. by the
vote required for that purpose by the constitution
and laws of this state, to be 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
the city of Seattle in the sum of $220000 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 con-
demnation proceedings, not reduced to
Judgment nor sued upon, which awards are
bear date on April 1, 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
hneness, at the Office of the treasurer of said city
each interest coupon. at such bank 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. ,969 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.
have in and by section . OF said ordinance No
1859 provided that election shall be held at the
time and places ofwhch notice is hereinbelow
given and for the purpose of voting thereat by the
voters OF said city upon said proposition submitted
TO them in and by section of said ordinance No.
l,9oSl as We'll as upon the several propositions
submitted TO them in and by the other several
dinanceS hereinabove and hereinh be in this no
tice mentioned, and in and by said ordinance No.
1869 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 threeihs of the voters in said city voting
at said election shall thereby assent TO such is
susnce and sale thereof
AND. WHEREAS, The mayor and city council of
said city, deemng il 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
general specific, for which said city council may
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 Of said city approved February ., 1892, and
published in the official newspapers of said city
February 4, 1892. duly proposed 10 the voters in
said city, in and by section 1. of said ordinance
iDat they assent to ana authorize by the e.
quired for that purpose by the constitution and
laws of this state To be cast at the election In
ton 9 of said ordinance No 1870 provided to be
held Tor that purpose the issuance and sale by the
corporate authorities of said city of bonds of the
city of Seattle in the sum of 2lO 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 the
issuance and sale of said bonds by ordnance or or
dinances determine I, expend the same or any
part thereof: which bonds shall bear date April
J. 1892 shall be payable in twenty wears amer
n tore nay oT1ta 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. 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 as the city council Of said city shall
after the authorization Of such bonds provided for
by said ordinance No 1870 by ordinance desiC-
nate, and as shall be specified the face of such
bonds. and shall bear interest, payable semian-
nually 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 antum. and,
WHEREAS the total Indebtedness of said city now
existing and that 10 be incurred prior the issu
nnce OF such bonds as are hy said ordinance No
1870 provided 10 be issued and sold and that to be
incurred by the issuance and sale of such bonds
hereunder, will amount all together to sum ex-
ceeding one and onehalf per centum of the tax.
able property in said city, aScertained by the
last assessment for city purposes. but the same,
supplying said city with water and sewers by
works therefor owned and controlled by said CITY
does not and will not amount altogether to a sum
exceeding five per centum of the value of the tax
said;
AND WHEREAS Said mayor aud 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 herelnhelow given
Tor the purpose of voting thercat by the voters IN
said city upon said proposition submitted To them
In and by section ! Of said ordinance No j $50 "a
well as upon the several propositions submitted TO
theln IN AMI ny the other several ordinances here
lnaboNe and hcrCiabelow TN this notice nnentiored
and IN AMI by said ordnance No J $40 have made
iuriher PROVISIONS for the holding and conduct OF
Sa9 eIev'Son aud have provided for the issuance
a III rtTz d