The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1904-01-13

funding, purchase and redeeming of the
Following created, existing and outstand-
ing and unpaid Indebtedness of the CITY
OF Weiser, VIZ: Portland General Electric
Co. for materials and supplies, 5000 so:
Pacific Electric Co., for materials and
supplies, 1872 90; Northwest Oil & Paint
Co., for oil, SAG 90; freight on materials
and supplies, S57 90; $50. 65 due E. w.
Cummings, consulting engineer of the
City of Weser; S3445. 90 balance due ]
O. White contractor, for materials fur
nished in and the construction of the
Water and Light system Of the City of
Weiser making a total amount due and
outstanding against said City of $4,000. 90
ali OF which sum was contracted during
one year last past. Is due and payable
out OF the Water and Light Fund of said
City, in which fund there are no moneys
with which TO pay said Indebtedness.
Said bonds, or any of them. if author
lied by the vote of the qualified electors.
who are taxpayers thereof, shall be paw
able 20 years from their date of issue. but
shall be redeemable at the pleasure of
the said City of Weiser. at any time after
the expiration of 10 years from the date
Oh SAID Issuance, and each bond shall be
redeemed In the order 1t is numbered
SAID bonds shall bear interest at a rate
not TO exceed SIX per centum per annum.
interest payable semi-annually, and
snail IN all respects comply in form and
ISSUANCE win the provisions of an Act of
the Legislature Of Idaho entitled AN
act to provide for the issue and sale of
municipal coupon bonds, by incorporated
Cities and Towns; TOR the application OF
the funds derived from the sale thereof
and TO provide for the payment of the
principal and interest thereon" passed
and approved at. the 9TH session Of said
Legislature in the year 1899. and con.
tained in Sections 1887 TO 1914 inclusive
OF the Political Code OF Idaho, edition OF
1901. -.
SEC. III. That In order to provide for
the payment Of the interest on such OF
SAID bonds as are authorized to be issued
al the election herein provided for and 10
constitute sinking fund for the paw
nent OF the principal thereof at maturity
nirect TAX, 10 addition TO all other Civ
taxes, shall be annually levied and col
lec,ed on All Of the taxable property in
ssio CITY OF Welser, sufficient 10 meet
.he interest on all OF such bonds as NAV
oe issued ana outstanding from time 10
ume, promptly as the same natures. and
also suhclent 10 establish and maintain
sinking fund which shall be suffioienf
70 pay All bonds called Ia after 10 years
Ano before the maturity thereof and also
70 promptly meet the paymeni ag 49,
gflee'pal Of all bonds Outstanding a.
lRelf maturity.
sEc. ~ AZ least 30 days nassss %,
me ume " said election b hereby direof.
az az % given BY publication in me
" e'set olfpal a semi weekly newspaper
published lp sad CHS on Welsef ahd of
f,n'itl circulation thefeiu, and said cleo
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