Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1901-05-17
EGTECE or BOND ELECTION IN
TIE CITY OF MONTPELIER,
IDAHO:

day the 3rd day of. June 1901, at the +
City OF Montpelier, Fear Lake County, /
Idaho, in pursuant TO an. ordinance i
numbered H. passed by the Mayor and
Gounc l OF the City OF Montpelier, idaho /
and approved by the Mayor OF said City i
ON the 25th day Of April, 1861, and
published atlength in the Montpelier i
EXAMINER, on the 25th day Of April,
1901. specialization will be held in
said City Of Montpelier, Idaho, by the
qu~litiea electors who shall be tax
payers of said City of Montpelier, Idaho
for the purpose Of submitting to said
electors the question as to whether or
not the Mayor or city Council Of the
City OF Montpelier, Idaho. shall be
authorized to issue and nea otiate,cupon
bonds Of said Cityunder the provisions
OF an act OF the fifth session OF the
legislature Of the State of Idaho, APP
proved the 2nd day of February, 1889,
entitled, "An act to provide for the
issue and sale Of munit-iI al cupon bonds
by incorporated cities and towns !; for
the. appl cation of the funds derived
from the sale thereof; and to provide
for the payment of. tire principal and
interest thereof.
The following questionis submitted
to be voted upon by said electors at
said election, to wit:
Shall the Mayor and City Council OF
the CITY OF Montpelier, Idaho,r he
authorized to issue negotiable coupon
bonds 81 said Cityeof Montpelier. Idaho,
10 the amount Of nineteen thousand
five hundred dollars, 1919, 800 .OO.l for the
unrpose Of securing the funds with
which 10 construct, purchase and main
tain system of water works aud sup,
nlv the same with water for the City
ii Montpelier, Idaho, and The inhab
tartsthereof. Said bondssto be dated
the list day of July, 1901, ard to he of
me denomination Of one thousand dob
lars eaah, except one which shall be for
FIVE handled dollars.
The said onds to be numbered con-
secutiyely from one with semi-annual
intexest coupons attached covering the
in sercst. ex pressed in the bond from the
date of issue until paid atnot to exceed
percent per annum said boads to be-
PAYABLE within twenty. years, or at the
option OF said city, to be paid at any
fine after ten years with interest not
to exceed 5 per cent per annum, payable.
mi-annually. The principal AMI in-
terest Of said bonds to be payable in
cold coin of the United States OF the
- esent standard Of weightana fineRessa
at the olice OF the city treasurer OF SAID
city,
THE Mayor nd Council shall cause to be
levied annually upon all taxable proper.
fv Of sid City Of Montpelier, Idaho, in
addition 10 other authorized taxes,
sufficient sum to pay the fihtefest'ofilail::
OF said bonds sold alter applying that
part Of the net gain. Gain Of said water
system received and set arart for the
naynent otsuef interest, and Oh and
after the year 1911, provided the means
for their payn,enteauseto be levied q
sufli additional snn TO pay the
principal Il said bonds as theY D come
due, after applying ihes.amoupt Of net
gain from said system Of water works
received ana set apart Tor the payment
OF said bonds
That no person shall be entitled to
vote at said election unless be or she be
q auali FED eleetoF sNhes shallsbe a tax
naveu ef.ea na-e;ty Of ATontpeiers Idahor
said special election shall be held at
the city Hsll on Washington street IN
the saiaCity OF Montpelier, Idaho.
Tho polls and ballet box shall be
81 L., &c lima 1901 at