Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1901-05-10
Ao1ICE OF BOND EEkCHT0N FN
LIE CITY OF MONTPELIER,
LlAHO

CITY OF Montpelier; Pear Lake Ceunay.
laaho, III pursuant 30 aas ordinance
numbered Al, passed by the Mayor and
Sonnc. / of the City OF Montpelier, Idaho
and approved by the Mayor of iii City
OH the 25th day of April, 1901, and
published at length in the Montpelier
Examiner, on the 18th day of April,
F9oI, special election wih be held in
sad City of Montpelier, Idaho, by the
qualified elections who shall be, tag
PAYERS of said City of Montpelier, idaho
for the purpose Of submitting to said
electors the question as to, whether, or
net the Mayor or city Council of the
City of Montpelier, Idaho. shall be
authonized to issue and me- otiate cupon
Bonds Of said City under the provisions
ct an act OF the Fifth session Of the
legislature OF the State Of hlaho. APP
proved the End day of February, 1899,
entitled, can act to provide for the
Issue and sale of munich, al cupon. bonds
by incorporated cities and, towns; for
tale appl cation of the funds derived
from the sale thereof: and to provide
Tor the Ras ment of the principal and
interest thereof.
The following question is submitted
to be veteds upOns by said. electors at
said election, to wit:
Shall the Mayor and City Council of
the City OF Montpelier Ida2lo,. be
authorized to Issue negotiable. coupon
bonds of said City of Montpelier Idaho,
to- the amount of. nineteen Thousand
five hundred dollars, 1910, 500 90. l5fof the
purpose of securing the funds with
which to construct, purchase aatls main
tain a system of water works aud sup
nly the same with water for the City
OF Montpelier, Idaho, and. The inhabi-
tants thereof. Said bonds To be dated
The LIST dawofe July, 1901, and 10 be Of
tine denomination of one Thousand. dol.
lars each, except. one which shalkbe for.
fva hundred dolla s.
The said Londs to- be- numbered con-
eseeutively from one with semi-annual
interest coupons attached covering the
interest expressed in the bond from. the
date of. issue until paid at not TO exceed.
5 per cent per annnm said bonds to- be
payable within twenty years, or. at the.
optfonfof said. city to be paid at any
time after ten years; with interest not
tnaxeeed 5 per cent per annum, payable
s..mi-annuallv. The principal and in=
terest of said bonds to be payable in.
gold coin of the United States. of tile.
n: esent. standard of weight and fineness
ut the office of the city, treasurer of said
city.
iEhe Mayortand Council shall cause to be
levied annuallyupon, all taxable proper
tv of said CITY, of Montpelier, sEdaho,. in
addition to other authorized taxes, q
Sufficient sum to pay, the interest on all
Of said bonds sold after applying that,
lsart of the net gainagain, OF said water
system received and set. apart for. the
payment of SUCH interests, anda on. and
after the year 1911, provided tire means
for their; pa ymentfcause to be- levied a..
sufficient additional sum to. pay the
principal Of said bonds as they. b come
due, after applying the amount of net
gain from said systesa of water works
reseived AMI set rtforrthe payment
OF said .hondsa
That no persons shall be entitled to
vote at said election unless he OF she be-
apqualifed .elector who shall. be. tax
payerof said city, of Montpelier, Idaho.
Saidsspeeial election shall he held at
theG City Hall on Washington street. in
the saidCity.of Montpelier, Idaho
The polls and ballot, box shall be
opened onathe -8rd day of .Jnne,. 1901. at
the hourof nine (ee O'Clock a. M and
continue open until ak 10y o'clock p. ma.
af1the saneadax,