The herald., 1893-05-24

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coupon hereto attached. Principal
land interest payable in gold coin of the
Omitted States.
"This bond is issued in pursuance of
''the act Of the legislature of the state
''of California, approved March 10, 1889,
authorizing the mourning of indebted
"ness OF cities for the construction of
public improvements, and also puIsu-
'ant to the charter and ordinances of
''ssid city.
..,..-.......
"Msyor of the City Of Los Angeles
................... ...H.......
Treasurer of the City OF Los Angeles.
"Countersigned by
Getty Clerk.
sThe interest coupons shall be sub
''stantially as follows;
1925. No. .....
ION the first day of .........A. ID,
g. the City of Los Angeles
"promises to pay to the bearer at the
"Chemical National bank of New York
''city, New York, the sum OF twenty-five
sidolIars in gold coin OF the United
estates for semi-annual interest due on
"water works improvement bond No.
"......
.............. s..~ ..........
Treasurer OF the City Of Los Angeles.
"SECTIoN 3. The mayor and treasurer
''are hereby authorized and directed to
''sign said bonds and the city clerk
ito countersign the same and
ito affix the corporate seal of the
''city thereto, and the treasurer is here
'sbv authorized and directed TO sign the
''interest coupons of said bonds. Said
"bonds shall be delivered by the city
'clerk to the city treasurer in such
"amoupts as the council may from
''time to time determine.
"SEc. 4. The proceeds of the sale of
'said bonds shall be placed in fund to
"be known as the water works improve
"ment fund.
"SEc. 5. There shall be levied for the
''first year the sum of 52,600, for the
"payment of the principal and interest
s'of said bonds, and for each succeeding
"year q sum sufficient to pay the &C.
"crued interest upon the remainder of
"the sum due and one-twentieth part of
''the principal.
''SEc. 6. The city clerk shall certify
'sto the passage of. this ordinance and
''cause it to be published once in the
'sLos Angeles Evening Express, and
s'thereupon and thereafter it shall take
EFFECT and be in force.
II hereby certify that the foregoing
Ordinance was adopted by the council
"of the city oil Los Angeles at ita meet
''ing of November 18th, 1892.
FREEMAN G. TEED,
''City Clerk.
"Approved this LIST day OF December,
1882. HENRY T. HAZARD,
Mayor"
And said ordinance was published in
the Los Angeles Evening Express on
the I'd day of December, 1892.
Thirteenth-Thst in accordance with
the said ordinance last hereinbef set
forth, bonds were prepared under the
order Of the council of the city of Los
Angeles to the amount of 1926, 900, and
in 526 bonds of the denomination of
$1,000 each.
Fourteenth That afterwards notice,
signed by the city clerk, ex-officio clerk
of the council OF the city of Los An
geles, was published in the Los An
geles HERALD, newspaper published
in the city OF Los Angeles, inviting pro-
posals for the purchase of the said pre-
tended bonds OF the city Of Los Angeles,
of which said notice the following is q
copy:
'sNoTIcE INVITING PROPOSALS FOR THE
PURCHASE OF WATER IMPROVEMENT
''BoNDs OF THE CITY OF LOS ANGELES.
"Ssalsd proposals will be received by
"the undersigned up to meeting Of coun-
cell in the city OF Loa Angeles, to be
"held Monday, Msy %, 1898, at not
slater than 10 O'Clock a. m. of that day,
''for the purchase of all or any portion
''of 200 water improvement bonds of the
"city of Los Angeles, 100 of which are
ito be delivered and paid for within 10
'days from the date of the acceptance of
'sthe bid, or as soon thereafter as the
''bonds are ready for issuance, and 100
''to be delivered and paid for four
'smonths from the date of the acceptance
'sof the bid, and for the purchase of all
''or any portion of 526 water improve
''ment bonds Of the city of Los Angeles,
"(which number includes the 200 bonds
''above mentioned), 200 to be de-
! 'f''.- ISL 60 ~~~- no N~.,e'-