Los Angeles herald., 1906-06-11
PUBLIC ADVERTISING
Ordinance No. 1851

New Serles.)
! An Ordinance providing for the issuing
Of bonds Of the city Of Los angeles II,
thousand five hundred dollars (S2SI600j,
J for the purpose Of constructing main
sewers and lateral sewers In said city.
! Whereas, the City Council Of the city
| OF Los Angeles, at Its meeting Of March
| 18th, 1905, by vote OF two-thirds of all
| It's members, duly passed and adopted Il
| Resolution and an Ordinance determining
that the public interest and necessity de-
mand the construction by the city OF
| Los Angeles OF a certain municipal i'm
| provement In said city to wit, the con-
struction by said city of certain sewers,
| consisting OF main sewers and lateral
sewers, Tor the collection and disposition
/ of the sewage Of said city; and said Reso-
| luton and said Ordnance were approved
| by the executive of said city, to wit, the
Mayor thereof, on the 18th day of March,
1906, and were duly published on the 2Sd
| Gay of March, 1906 In the Los Angeles
Herald, a daily newspaper printed and
published in said city; and
| Whereas, the City Council Of said City
! of Los Angeles at its meeting of April
18th, 1906, by a vote of two thirds of ali its
members, duly passed and adopted an
| Ordinance calling special election to be
held on the 18th day of May, 1906, and
submit tting to the qualified voters of said
| city the proposition of incurrng a debt
and issuing bonds for the purpose set
forth in said Resolution and in said Ordi-
nance, to wit, the proposition of mourning
la debt and issuing bonds I'm the sum OF
/ two hundred eighty-seven thousand five
! hundred dollars CS2S1500) for the purpose
| of constructing certain sewers In said
city consisting of main sewers and lat
eral sewers for the collection and dis
position of the sewage of said city, and
said Ordinance was approved by the
executive of said city, to wit, the Mayor
thereof, on the 23d day of April, 1906, and
was thereupon duly published once day
for ten days prior to the 18th day Of
May 1906. in the Los Angeles Herald, a
daily newspaper printed and published i'm
said city, and
Whereas, such special election was held
on the 18th day of May, 1906, as provided
by said Ordinance calling the same and
by law for holding municipal elections in
said city, and said proposition of incur
ring a bonded debt hereinbefore men
toned, received more than two-thirds of
the votes of the qualified voters voting
at such election; and
Whereas. all and singular the provisions
of the Act of the Legislature of the
State of California. entitled, AN Act
authorizing the mourning of indebted
ness by cities, towns and municipal cor
porations, for municipal improvements
and regulating the acquisition, construc-
tion or completion thereof" and becoming
a law February 25th, 1901. and of the Char
ter and Ordinances of said city have been
fully complied with SO as to authorize
the issue of said bonds;
Now, therefore, the Mayor and Council
of the City of Los Angeles do ordain as
follows:
Section 1. That bonds of the City of
Los Angeles in the sum of two hundred
eighty seven thousand five hundred dol
lars ($2S7 5O0) be issued in accordance with
the provisions of the Act of the Legis-
lature of the State of California, entitled,
An Act authorizing the incurring of in
Gebtedness by cities, towns and municipal
corporal tions for municipal improvements,
and regulating the acquisition, construc-
tion or completion thereof" and becoming
a law February 25th, 1901, and with the
Charter and Ordinances of said city, for
nf CT inc tot,
sewers in said city, consisting of main
sewers and lateral sewers for the collec-
ton and disposition of. the sewage Of
said city; that said bonds shall be $50 in
number; that they shall be designated as
Sewer Bonds 1906" and shall be issued
in the following denominations, to wit,
each, and so bonds of the denomination
of $500 each. and 40 bonds of the denomi-
nation of $1S7.5O each. and the principal
and interest thereof shall be payable in
lawful money of the United States; that
they shall be dated July End, 1906, and bear
interest at the rate of four per cent per
annum, payable semi-annually on the End
day of January and the End day of July
of every year.
That said $50 bonds shall be payable in
the Following manner: of said bonds
of the denomination of $1,000 and of said
bonds of the denomination of $500 and
of said bonds of the denomination Of
$3.50, upon the following date. to wit.
the 2nd day of july. 1907; and of said
2 of said bonds of the denomination of
$500 and / of said bonds of the denomina-
ton of $1S7.5O, upon the same day and
date of each and every year thereafter
at the City Treasury of said city, to-
gether with the interest on all sums un-
paid at such date and said bonds shall
be substantially in the following form,
to wit:
United States OF America, State of
California,
City of Los Angeles.
tOnc