Troy weekly news. (Troy, Idaho) 1897-1933, 1905-11-03
Ordinance No. 03.

An ordinance authorizing the submission TO
the qualified voters OF the village Of Troy,
Latan county Idaho, who are taxpayers there
in, az Especial election herein called for that
purpose. Of the question whether said village
snail become indebted aud shall issue its ne
gouaDie coupan bonds in the sum OF Five
Thousand Dollars par value in amount; taid
Indebtedness 60 be incurred and said bonds
10 Ne Issued for the purpose OF constructing
water works system 70 be owned and con-
tr0lled by SAID village, TO supply the said
village and its inhabitants with water for
municipal and domestic purposes designating
the provision 70 be made for the payment OF
the interest on said bonds Ms IL falls due: and
also TO create and constitute a sinking fund
for the payment of the principal thereof;
appointing judges and clerks OF said election
ana otherwise providing for the same.
BE IL Ordained by the chairman and board of
trustees OF the village Of Troy,
section I.-That special election shall be
held in the village of Troy, county of Latah
IoahO on Monday, the 18th day of December
J9O5. That at said election there shall be sub
mitted 10 the qualified voters OF said village
who are taxpayers therein the question whetn-
er said village shall become indebted and shall
Issue its negotiable coupon bonds in the sum
of Five Thousand dollars $4,000 par value in
amount; for the puprose of constructing h
water works system to be owned and con roll
dby said village, 10 supply said village and It's
Inhabitants with water for municipal and do
nestle purposes.
The polls at said election shall be open from
nine O'Clock a. IN. until seven o'clock p, M on
said date, without closing and the voting at
said election must be by ballot. The said spr-
clal election shall be cond ucted in all respects
the same as other elections OF said village
Section 2.-Said bonds shall be Issued for the
term of Twenty t20l years and shall be redeem
able az the pleasure Of said village at the expi-
ration OF ten years from the date of the issu-
ance thereof and each bond must be redeemed
in the order In which IL Is numbered.
Section 3-1hat TO provide for the payment
Of interest ON said bonds nnd also TO eOnsti-
Lutea sinking fund for the payment OF Aaid
bonds at maturity thereof. there shall be levied
and collected annually, ON all the taxable prop
erty in said village. in addition TO the regular
ly authorized taxes a special tax sufficient to
pay the interest on said bonds as II falls due,
and 10 create and constitute Il sinking fund for
u payment OF the principal OF shld bonds as
they respectively fall due. All such taxes must
be levied, assessed and collected ms other vii
lage taxes until the bonds so issued are fully
paid, including the interest thereon.
Section 4.--Tne said special election shall be
held on said day nt the Office of A. H. Over
smith on Main street in the said village. W.
E. Filds, Olof Olson and Ole Bonman are mere
by appointed Judges of said election, and A. Ii .
Oyersmith is hereby appointed Clerk thereof.
Section IA form OF ballot 10 be used at said
special election is hereby adopted as follows,
to.wit:
ELECTION TO BE HELD IN THE VILLAGE
IDAHO.
OFFICIAL BALLOT.
No. 1.-Infavor ofissuinR bonds To the amount
OF Five Thousand Dollars for lie purpose as
stated in ordinance No. 3d.
No. Against issuing bonds 10 the amount
OF Five Thousand Dollars for the purpose as
stated in Ordinance No. G3.
DIRECTIONS TO voTERs
Mark your ballot by placing II cross (X) in
the space indicated at the right of the propo-
sition for which you wish TO vote.
The Clerk OF the village OF Troy is hereby