The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-03-31
CITY SoTIcEs

City % Seattle and on thp $50.
~. Tue sum OF Twelve Thos,ss.,sH az
hundred and Four and Si-Ssa -. ~. ssar
oossrS Tor the payment az ssss ~ "a
y ~snts ~ eAseuts and deliver there's, 1919
ISHtS cTawn upon the Tressn-a-. zzs-
lily against the several fsnss. ~ ssia
WIT: ~0es Following. -
Against the interest funs far
ME-, ,,,s.s 2, shs interest on the seattee ,ssy.
Thousand, Six Hundred Nins.~- ~ Fer
sI-ieo ts4 6a4. IN dollars. -'our aaa
Against the interest fund f,r 49,
meat % the interest on TIRE Saa.sae "a.
ossnnation Award Bcnds Of iVss =, Yea
OF Ihree Thousand. Seven H,,rss-lss saa
ty-tnree and 7S-I0a (Ss,7ss IN so,sanw Fa.
against the interest," fund fa- -.
iut,st OF F5le interest on tha Sss.,,t Sas>
eral Bonds % iSas. tae S,sr .Sa - Gss.
Ll I. ,sl ar Nine Hundred Sixsy-.,vi ases
Is-lea IS, S66.1 30 dollars. M Al
Which warrants shall hs n,,x.
The proceeds Of the taxes alrsssrV lrna
TOT said respective funds. n-d ~. iefsd
are hereby pledged 20 ne ~ ~ taxss
saia warrants in the amounts asS.A z
satla shAIl ne lnViolahly applied 10 nav es -
same. The proceeds Of the Iaar. ~ u
authorized shall be forthySssh .ssefeaT
the respective funds Aforesaid = 80
amounts or the respective war-ar..s ~
AGAINST each fund and shall - e,sssa
sAg pds iileht OF the interest on said 49,
a a,s * que on the nrst day OF April ~
ana Tor no other purpose whsteys.
IGli amounts of said interest az is
hrst r@cited are hereby apuronrss,..s: esssa
snail De forwarded by the CITY sAa
10 the proper custodian TO rsaas $3.50
IeFsst aforesaid. The warrants 49,
authorized shall bear interest fr,-,. rey
date until paid az the rate OF Es ;,s az =
per cenEugn per annum "
sec = lnat IN no case shall any -,>,-
be transferred from any OF IA ssa9
herelnhefore mentioned while snv - 49,. ~
We, wSrfail5s ISSUED under the provisions y
this ordinance are outstanding ana
paid, except for the purpose az 49, =
said warrants and the interest sfAarssessA ~
Sec. 5. The loans hereby alnhoss..,
shall be made from the banks afare..-s'es
or such other persons or eorporatlons y.
shall accept the terms hereof ana :
whom the mayor and conptroller -. =
make such warrants payable sa4
Sec. 4. said warrants shall he Al.
mated as follows: the warrant issuss =.
payment OF interest on the Seattle J,.,s
ment Bonds of 1892 shall be tfeeisn,,.sS
Temporary Loan Warrant No i'" -
ucipation OF the collection OF city sasa.
OF the city or Seattle on the tax rosls :
1880 for the expenses Of the fiscal w. !.
1877, for the payment OF interest uno, =
attic Judgment Bonds OF 1897" the w..
rant issued for payment OF tptere<s =
the Seattle Condemnation Award a.. -
OF 1892 shall he designated as s'Tsws@s
rary Loan Warrant No. in antlcinssss.
or the collection OF city taxes OF TIA ~
OF Seattle on the tax rolls of 1895 FOR 4.
expenses OF the fiscal year 1897. for ~
payment of interest upon Seatt,a CT
domination Award Bonds OF 1882" and *.
warrant issued for payment Of jnlsrs~
on the Seattle General Bonds of fSg7 So
be designated as Temporary Loan ws,.
rant No. I'm authorization OF the crlIAs,i.,
OF city taxes Nf The 81
the tax rolls OF 1896 for the expenses =
the fiscal year 1897. for the naynen, .
1892" @'s
Each OF said warrants shall be and !,
hereby made an assignment in favor y
the holder thereof Of so much OF the ma
collected taxes levied for the fund Az
which such warrants shall he drawn u
VIII equal the principal OF such warrant
and the interest TO accrue thereon 10 ia
time OF payment, such assignment 10 taxa
effect upon all of the collections frpn
such taxes until such warrant and inter.
est are paid.
Sec. 5. This ordinance shall take eF.c,
and be in force from and after Its pas
sage and approval, IL approved by he
mayor; otherwise II shall take efYec. 4
the time 1t shall become law under ne
provisions of the city charter.
Passed the City Council the Goth day 4.
March. 1897. and signed by me IN opsa
session in Authorization OF its passage
this 30th day of March, 1897.
]. r. CREIGHTON.
President Of the City Council
Approved by me this 30th day Of March
1897. w. ID. WOOD, Mayer
Filed by me this 3oth day Of Mareh
1897.
Attest: WILL III. PARRY
City Comptroller and Ex-ofricio City
Clerk.
tSeaD
Published March II. 1897.