The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-06
Notice Of Sale Of CITY Rafr-s.
Bonds


NOIlCE Is HEREBY GIVEN
6alI Lake City propose fn f-..-.' -t-Af
I'VE Hunored retuudIug BOMBS d4rss 81.
uary J. 1901 of the G-rurrfrs N.Y. -,-- sil-
thousand dollars each. ta-r#rr- .,-. 2. 1-s
the rate or three and uu--H..If --.--7>- at
payable Semi-aunUaiiy. T-lutIrat ..g--r
twenty years after date Wfrrs.f ...'.-
ION o5 prepay meHt- an bids mus, f.. e
&c ana Envelope marked GOA 4.rr.f4- .t.-
on Bonds Each bid shall .srr, 80 i
as a guarantee 81 good .ait1 .s-...
check on local band for five na- .-...7l
the amount of said bid -.-- %
No qualified - viii boz .5r-sF-
The city reserved ~ right ~ 81
any or all bids Use
Bids must De filed with tine CITY -a.--
eF not later than O'Clock Dr. 4- rg-
nesday. the Z6th day of Ia.sml.r rs ~
SALT LAINE CITY tbEPgP Arr.,-'
l55 oIdeL ~ It's city council
j. o. \ SIkeM, City Recorder
A Resolution Providing for rEs %
tuudinE of Five Hundred Thousand ~
lars IN BoHqS issued Pursuant rn p
lutou as@td OCTOBER tu. 1885, F7--sa
Tae SeVlsed Ordinances pf Salt Lake ~.
OF lSsz
whereas, Pursuant Oh d rss1f--f.
passed by the city council of Salt T.L
City, Oct J. 1850. Salt lake gi-v fss-15
ana sofa ana has now outstanding a-
hundred bones or tne denomination Of g--
I'VE Der cent per aunum. dated T4rrs--
. list. 1871, payable twenty years after NJ.
with the option OF paying the same ms
. the eXpira ton of ten Years after AZ,
and
" heTeaS, Tt Is possible now 20 refund
said bonds at q lower Tate Uf inta-a.f aug
thereby effect a large saving To- Sqfr az
I City corporation now. Therefore b. F..
Resolved. BY the city council of S5-
I Lake City
Section T. That for the purUsSa Of Oh
I tanning money to refund and Hgufis.a
said issue OF bonds of January lst TEf
( that Salt Lake City corporation iSsr.
series OF five hundred coupon bonds Hf
( the denomination of one Thousand f4ITs-.
each the principal payable ri the a.-ir-
of the city treasurer of Salt Lake Cfr
twenty years after date thereof. sad
J bonds to bear date of January l. I.r
with interest thereon from said date an
the rate of 81 per cent per aHuum. BIZ
rerest payable Semi-duDUallv thereafter
on the first DAYS of July ana January ~
each year in the city OF New York s-
I the banking house Of Wells Fargo d.
Co or its successors. or at the 8fffg. .s
/ the city treasurer in Salt Lake City a-
presentation and surrender of the said
/ coupons as they become due both urir-
( cipai and interest pa able III aw.r
money of the United States, and said
: bonds shall be exempt from taxation l-
I said city.
Sec 2 said bonds shall be signed 5y n.
I MAYOR and city recorder and before is-
/ srance of the same. the corporate seal Of
I SAT- Lake CITY shall be attached to each
} Sec. 8. Said bonds shall be known as
{ f-17 T., ,,,7r,,rsre5 frcrr, m 81 ( n b.-r
inclusive. and shall be registered ia
/ purpose by the auditor Of said city a-i
/ snail be sold only upon tie order Of r--
/ city council, in such lots, on such terms
/ and in such manner as It snal les-gEl..
Z and shall be or a form ana TENOR 20 D- a.-
[ proved by the city council. and 10 eas- .
/ said bonds there shall he attached to7E
! interest coupons TO- be Numbered IRON
TO 90. both inciuSlye; Win the s- PROV i
dates OF pay tlehl 44il-sI il.l' -.- a-
/ shall bear the HthugTaphl' signature %.
/ the MAYOR and CITY recorder &C., ...
: Sec. J. All moneys derived from l.-
/ sale Of the bonds issued pursuant % '-'
resolution shall be applied solely 10 u.
purpose of paying and retuHdlng 81.
/ five hundred Thousand dollars {. o. - '..-
3 J,----t--.- -+f f9GF