Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1901-05-03
RD4IeE OF. BOND ELECTIONS IN
THE CITY OF MONTPELIERsf
IDAHO.


ldahos in pursuant to- an ordinance /
Numbered Al, passedeby the Mayor and
Council OF the City Of Montpelier, Idaho
and approved by the Mayor of said City
on the 25th day of April, 1901, and
publishedsat length in the Montpelier
ExAMlSER,. on the 10Th day of April,
1901, special election will be held in |,
said City efMontpelier, Idaho, by the
qualified electors who shall be tax
payers of said City OF Montpelier, Idaho
tor the purpose ~cf submitting to. said
electors the question as to whether or
not the Mayor or city Council of the
City OFFS Montpelier Idaho, shall be
authorized~to issue and negotiate cupor
onds Of said City under the provisions
Of, an ass 1.-The Fifth session OF the
legislature of the State Of Idahos apr
proved the End day of February, 1899,
entitled, ''An act to. provide for the
issue and. sale sof municipal cupon bonds
by incorporated cities and towns; Tor
the appl cation of the funds derived
from the sale thereof; and to provide
for the payment of the principal and
interest thereof
TAe following question is submitted
tos Devoted upon by said electors at
said election, to wit:
Shall the Mayor and City Councilsof
the City of Montpelier. Idaho be
authorized to issne.~n egotiable coupon
bonds of said City of Montpelier, Idaho,
tolthe amount of nineteen thousand
Tvs hundred dollars, t$10,5 500 90. for the
purpose OF securing the funds with
which to construct, purchase andmain-
tain system ofeWster works aud sup
ply the same with water for the City
al Mont peIier, idaho, and the inhabi-
tants thereof. Said bonds to be dated
the 1sk day Of July, 1901. ard to be OF
the denominat.on Of one thousand dot
lass. each, except one which. shall be Tor
fiye hundred dollars
The said Londs to be numbered con-
eecutively from one with semi-annual
interest coupons Gttachel covering the
inserest Expressed insthe bond4roEasthe
date of issue until paid at not to exceed
{, pep cent per annam said bonds to be
PAYABLE within twenty years, or at the
option of said city, to be paid at any
time after ten years; with interest not
to.exceed 5 per cent per annnm, payable
emi-annualIy The principal and in
terest of said bonds to be payable IN
cold coin of the United States, of the
III esent standard OF observation-disclosures
at the Office OF the city treasurer OF sale
city,
The Maser and Council shall causeto be
levied annually upon all taxable proper
1y of said City of bLdmtpelier, Edaho,s II
addition to other authorized taxes, {
sufficfentsum to pay the interest on al
OF said bonds sold after applying tina
part Of the net gain gain Of said waite
system received and set aiartsrf TIN
payment of such interest, and on AM
after the year 1911, providedsthe mean
for their payment ca use to be levied
sssfayient additional sun to pay tn
rrincipak,cf said bonds as they com
due, after applying the amount OF ne
gain from said system of water work
received and sateapaFt for the paEnen
of said bon2asS
That. no person shall be entitled t
vote at. said election unless he or she b
a.qualifed elector who shall beta ia
payer Of said city Of Montpelier, Idaho
Said special election shall be held q
the City Hall on Washington street j
the saidCity Of Montpelier, Idaho. IL
The polls and baflot box shall !
opened ON the 8rd day Of June, 1901, {
the hour of nine t99 o'clock a. mgan
conAinue omen until six (61 o'clock n, n