Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-06-19

to create a contingent or sinking
fund for the payment of the priD-
cipal of said bonds, as they be-
come due, there shall be levied an
nually by the trustees Of the village
upon all the taxable property with
in the said village sufficient sum
to pay the interest and an addi-
tional sum sufficient to pay the
said bonds at maturity, in addition
to all other taxes authorized to be
levied, and the faith and credit of
all taxable property within said
village is and shall continue pledged
and the proper officers of the said
village shall continue to assess and
to collect such taxes on all the tax
able property within the limits
thereof necessary to pay said bonds
and the interest thereon as the same
shall become due. Should the taxes
for the payment of interest on any
Of such bonds at any time not be
levied in time to meet such pay
ment the interest shall be paid out
Of any moneys in the village gen.
eral or expense fund and the
moneys so used for such payment
of interest shall be repaid to the
fund from which so taken, ont Of
the first money collected for taxes.
SEC. Z. Be it further ordained
that the question of the issu.
ance of the said bonds to the
amount, for the purpose, and in
the manner hereinbefore provided
be and the same is hereby submit.
ted to the qualified electors who are
taxpayers of the said village Of
Grangeville.
SEC. 8. That a special election
of the qualified electors who are
taxpayers of the said village shall
be holden on Tuesday, the Is day
of July, 1902, at the public school
building within the said village, a,
which election said question shall
be voted upon by the said electors.
SEC. 8. Such election shall b.
conducted as other village elections.
The voting at such election shall
be by ballot aud the ballot used
shall be substantially as follows
"In favor Of issuing bonds to the
amount of $4,000 for the purpose
stated in Ordinance No. 49," and
against issuing bonds to the
amount of $4,000 for the purpose
stated in Ordinance No. 49,"
SEC. 10 Thirty days notice q
said election shall be given by pub
LEGATION in the IDAHO County FREE
PRESS, IA newspaper of said village
printed, published and circulated
therein. by publishing the same
once IN each issue of said paper
from the passage of this ordinance
10 the date herein provided for the
holding of said election, which no.
tice shall recite the provisions OF
this ordinance and the question to
be submitted to said electors, and
designate the time and place OF
holding said election AS hereinbe-
fore provided, and shall be signed
by the chairman of the board of
village trustees and be attested by
the village clerk, and the said
chairman and clerk are directed to
cause the publication of the said
notice accordingly.
Now, therefore, in pursuance of
the provisions of said ordinance
notice is hereby given by the board
OF trustees of said village that a
special election of the qualified
electors who are taxpayers of the
said village will be holden on Tues.
day, the 10Th day of July. 1902,
between the hours of 9 O'Clock A.
NJ. and 7 O'Clock Z. NJ, at the pub
lie school building within said viii
lage. At which time and place
such electors may cast their ballots
upon the question of the issuance
OF municipal coupon bonds of said
village in the sum of Five Thou
sand $4,000 Dollars for the pur-
poses and in the manner specified
and provided in the said ordinance.
The ballots used shall be substan-
TALLY in the following form, as pro-
vided by said act and said ordi-
nance: ''In favor of issuing bonds
to the amount of Five Thousand
{ $4,000 Dollars for the purposes
stated in Ordinance No. 49," and
Against the issuing bonds to the
amount of Five Thousand (s5OOO)
Dollars for the purposes stated in
Ordinance No. 49,
BY order of the Board of Trustees
OF said Village of Grangeville.
FRED WHITE,
Chairman.
w. IL. CASSIDY,
Village Clerk