St. Johns review. (Saint Johns, Or.) 1904-current, 1906-07-06

Inc Oity Oi NJ. Jphus docs ordain as iOl-
lows:
SECTION I. That the City Of 81.
Johns shall erect City Hall and that
the said City Hall hall be erected at a
total cost OF ten thousand dollars.
SIC. q. That for The purpose Of rails
ing money to pay for erecting the said
City Hall the CITY of ST. Johns shall is
sue and sell its negotiable coupon bonds,
aggrcgating ten thousand dollars par
value IN amount The said bonds shall
be- payable in gold coin OF the United
States oi Amcrira ~ the present standard
of weight aud hupncss; they shall be-
datcd the 9th DAY oi July, igp6, shall be
Of the denomination of FIVE hundred dol.
lars each, bearing interest at the rate of
sis per cent per auuuiu, payable sent.
annually on The ninth day of January
aud the ninth day at July IN each year.
The principal oi aii boud shall be paya-
ble to the bearer tenn ipl years from the
date thereof upon the presentation and
surrender of the said bonds and the half
yearly interest thereon shall be payable
Ia bearer upon presentation and surrcn.
der pi the said coupons as they respect
lively become due. both principal aud in
tcrcst tu bc payable at the Peninsula
Bank. ST. john, Oregon. Said bonds
shall be exempt from taxation either 10y
the state of Oregon ur hy any county or
municipal corporation therein.
SIC. &. The said bond. shall be- sign.
cd by the Mayor aud atlr,,yd by the Re.
cofdcr ui the CIV uf 81, Johns and the
corporate seal ol .iil city shall be- affixed
thereto. They shall lD ~ substantially
the following iurI. iuWit.
CITY or 81. fuIiNs. STATE OF
OREGON cot NTN Oii
MtlrNDMAtt.
Nunbcr-. s5oo.oo
The city of 81 john, In Muluomnh
county, State ui Oregon, acknowledges
10 b. indebted lul lur value received
hereby undcrlak. and promises tu pay
tp tie bearer upon thy presentation hud
surrender pf lhi, I1ud on the ninth diy
of july, 1910. ~ ihy Peninsula ilauk, Si.
Johns, Oregon, th, sum pi Five Hundred
Dollars iu gold yuil ul the United State,
ui America ui lhy present standard ul
weight aud huvHps. AMI tp ply interest
thereon from dat, 10 the rate ul Nix prr
cent pyr nunuu 40 thv said Peninsula
Hank svmi.aunui.i, uu thc ninth ,luv nf
January aud tl. ninth day ul ul, ut
y
surrender ot sl.l ,uuI ous as they r..
spcc,i,cly mllury This bond Is cNcmp,
from taxation either ly the State of ore.
gun ur hy ans county or municipal cor.
puratlun therein,
This houI b. uuv ui a series ul bonds ui
like date and tenor issued hy the Civ ni
ST. Johns, numbered consccutiyvlv from
number one tu twenty, inclusive, appfr.
eating ten thuu,and dollar. par value,
iu amount, luf the purpose ut providing
money to hr used IN erecting q .City I.
Hall.
rhi, hnul ind the series thereof /, Is. |
sued hy authority oi and in conformity .
in the provisions of an Act oi the I.egis- .
laturv ui the state uf Oregon entitled /
An Act tu incorporate the CITY ui NJ. /
Johns, MullHuuah county, State uf Ore /
sou, and ln provide charter therefor, .
AMI tu fvpyN ill actr uT parts ui acts iu /
conflict Herewith" filed In the office ni /
.hv secretary ul state January sn. Igly, T
And d i, hereby ccrtihvd aud rrcitcd .
HAT an act-. conditions and things rrlat- /
ny Ia the issue aud sale hereof hav, hccn .
lulerly done and performed In regular /
'nd due time, form AMI manner as a.,
lulrud hy law. uni that the total at in I
iehledue,s ui said city, including this .
,suc ul hund, docs not exceed the stat
ll"rN ur constitutional limitation oi the .
state oi ol,g"n or of the Limitation pro-
drd hN lhv charter oi said city
Is WITNESS WHEREOF thc City of 81.
Ohm, hts clu-rl this bond tn he signed
~ ~ MlNur and attcstel hy il, Rccur-
Ter hy original slgnatures and the seal al
hv city th hy hefeunto aiiiNvd and the
"ulnu> hrryll attached Jo hc signed las /.
4, Manor and at,ested hy igs Recorder
~ lac -lmilv ,l,laturcs this ninth day of
ulN, lsn,
4, ", VALENTINE,
Manor ot the City oi ~, Johns.
ATTEST; N, l., THoRNpNHE,
Recorder ot the City ot ~. Johns