La Junta tribune., 1907-04-27
s,.s..ss ors,...e. No. ~.
An ordinance 10 proy,ae for The

An ordinance 10 provide for the is
suance by the City of LII Junta of .ts
Negotiable coupon bonds IN the aggre-
, gate amount Of ten thousand Sl0.000.-
o01 dollars to be denominated Park
Enforcement Bonds: and to provide
for the payment of the principal there
of and the interest thereon.
BE II ordained by the city council OF
the city OF Ia Junta, Colorado:
Whereas majority of the duly
qualified electors OF the city of La
Junta voting at an election in said city,
held ON the second day ot April A. d,
1907. voted In favor of authorizing the
city council OF the city of In Junta to
contract an Indebtedness OF benalf of
the city and upon the credit thereof.
by issuing the negotiable coupon bonds
of the city for the purpose OF improve
ment OF public parks, in the aggregate
amount OF ten thousand $4,000. .00J
dollars, to bear date the first day of
May a. ID. 1907, payable NJ the option
Of the city after ten years from the
date thereof. and absolutely due and
payable fifteen years from the date
thereof. bearing interest at the rate
of five per Dent per annum payable
semi annually; and
Whereas by - resolution of the coun-
ell OF said city OF LII Junta duly
adopted and approved at u regular
meeting thereof. on the fifteenth day
of April 1907. the result of said cleo
tion was duly declared as authorizing
the city council, OF said city of La
Junta to contract said Indebtedness
and issue said bonds as aforesaid
Now therefore be II ordained by the
city council of the city of La Juntn
Colorado;
Section l, That for the purpose Of
providing funds for the Improvement
of public parks In the city of La Juntu
and belonging 10 said city the city
OF La Junta shall issue itss negotiab Bile
coupon bonds in the aggregate amount
OF ten thousand (sl0.OO0.00) dollars.
consisting of ten bonds In the denomi-
nation OF one thousand $4,000. O0)
dollars each, payable in lawful money
OF the United States dated the hrst
day of May a. D. 1907. payable at the
option OF the city after ten years from
the date thereof, and absolutely due
and payable fifteen years from the date
thereof, bearing interest at the rutc of
hNe per cent per nnnum, payable semi
annually ON the first day of November
and May In each year. said interest to
be evidenced by coupons attached to
SAID bonds. said bonds shall be num-
bercd In regular and consecutive or
der commencing with number one, and
shall be payable In the order of their
number, The principal and interest
HAA'ii' w ihN hbi' 1T tIt Dalklns mouse
OF kountzc Brothers in the city of
New York The bonds shall be signed
by the mayor. attested by the city
clerk under the official seal of the city.
aud recorded In "A book 10 he by him
kept Tor said purpose. All interest
coupons shall bear the original or fac
similie signature OF the treasurer or
said city.
Section =. said bonds shall be IN
substantially the following form;
UNITED STATES OF AMERICA.
STATE OF COLORADO.
No. ......... $1,000. 90
La JUNTA PARK IMPROVEMENT
BOND.
The city of La Juntn IN the county
OF otero and state OF Colorado ac-
knowledges itself Indebted. and prom
ises to pay to bearer. one thousand
Sl.o00.O0) dollars in lawful money of
the United States OF America for val
ue received. redeemahlc at the op-
tion OF the said city after ten years
and absolutely due and payable fifteen
years from the date hereof. with inter
est thereon ut the rate of five per cent
per annum. payable semiannually on
the first day of November and May in
each year, upon the presentation and
surrender of the annexed coupons as
they scveraily become due. both prin-
cipal and interest payable AT the bank
ing mousse hI1lfltZt ltlptnerE IN fne
city Of New York.
This bond IL one of series of
bonds of like date tenor. and denom-
ination. numbered from first to last.
issued by the city council OF the city
OF LaJunta. for the purpose of raising
funds for the Improvement Of public
parks In said city, under the authori
ty OF and In fun conformity with an
act of the general assembly of the
state ('nlpruIn entitled m no tn
amend an act to amend subdivision
six Of section II of Chapter CIS Of
the general statutes of Colorado, APP
proved March End. 1887. and to amend
subdivisions fifty first and nifty third
OF section II of chapter CIX of the
general statutes of Colorado" approved d
April sixth 1891. and under the au-
thority OF vote of such duly quail
fled electors of said city of LaJunta><%@
IN the year next proceeding said eic--
tion. had paid property TAX upon
property in said city. at the general
election for municipal officers duly
called and legally held In said city on
the second day of April A. d. 1897.
and 1t is hereby certified and recitad
that the terms and conditions of said
law have been fully complied with by
the authorities concerned In the Issue
of this bond
And 1t is hereby further certified
and recited that all acts and things
required to be done. and conditions
and things required to exist. pursu
ant to and in the issuing Of this bond
to render the same lawful and valid.
have happened, been properly done and
performed. and do exist In regular ana
due form. time and manner as required
by law. and that the total Indebted
ness OF said city of LaJuntn. includ-
Ing this bond. exceeds neither the
statutory nor the constitutional limi-
tations of the state of Colorado. 1t Il
further recited that provision has