Belding banner. (Belding, Mich.) 1889-1918, 1905-06-15

% tue city of Belding duly adopted and APP
proved May 8, 1905, shall be i'm substantially
the following for 5, respectively, To wit:
(Form OF Bond
UNITED STATES OF AMERICA
STATE OF MICHIGAN. COUNTY OF IONA
CITY OF BELDING.
Mo- Water Works Bond $1,000
Know an men by these presents That
the city OF Belding in the County OF Ionia
and State OF Michigan, acknowledge itself
10 owe, and for value received hereby prom
lses To pay To bearer the sum OF One Thou
sand Dollars on August 1, A. d. 1885 uproyid-
ed. however. that this bond may, at the OPP
ton of the city. be redeemed and become
due and payable on or after the first day of
August. A. d. 1925, upon giving notice al
least six months prior 10 the day elected tor
redemption, lby publication Tor three con
secutiVe issues IN the Official newspaper of
the City OF Belding Michigan; which notice
shall operate 10 stop interest on this bond
after the date named Tor redemption); to-
gether with interest on said sum from the
date hereof until paid, at the rate OF four
ca per Centum per dnnum. payable annually
on the first day OF August ina each year upon
presentation and surrender of the annexed
Interest coupons as they seVerally become
due; both principal ana interest payable in
lawful money Of the United States OF Am
erica at the First National Bank OF Detroit,
in the city OF Detroit in the state OF Michi-
gan And for the prompt payment OF This
bond. both principal and interest al matur-
ity, the tull faith and credit of said city are
hereby irrevoCably pledged
This bond is issued by said City of Belding
for the purpose of providing funds for con-
struCting a general system OF water works
la said city, ia accordance with more than a
majority vote OF the electors OF said city yot-
ing at an election duly called and therein on
April 3. a ID. 1908, and in pursuance of or
dlnances duly passed by the common council
of said city, and in all respects in fun com
plianCe with the provisions of the charter OF
said city being Act No 3l3 of the local acts
OF Michigan for the year 1898, as amended
by Act No. APO of the 10 al acts of Michigan
tor the year 1898, ana by House Bill No. $50,
Only passed by the legislature of the state OF
MiChigantat the 1905 session thereof. This
bond, together with the inter, 81 thereon, is
pay able out of the interest and sidking fund
OF the said city.
And IL is hereby certified and recited that
all acts, conditions and things required 10y
the laws and constitution OF the state OF
Mich gan to be done precedent 10 ana In the
issuance OF this bond have been properly
done, happened aud been PERFORMED in regu.
lar and due form and time As required Dy
law and that the total Indebtedness OF said
city including this bond, does not exceed any
constitutional on statutory limitation,
In testimony whereof, the said city OF Bel
ding, by its common council has caused this
bond 10 be signed by its mayor and counter
signed and recorded by its city clerk and IL,
corporate seal 10 be hereto atnXed, and each
OF tue interest coupons hereto attached To be
signed by the original or autographed fac
simile signature OF said city clerk, this Isl
day OF August, A ID. 1903