The daily sentinel., 1908-02-26
ORDINANCE NO. 140.

4
Providing for the Issuance Of Bonds
of the City of Grand -Jnnction.i
Colorado, for the Purpose of the |
Construction of Water Works for
: Said City for Fire and Domestic
Purposes.
Be it ordained by the City Council
of the City of Grand Junction,
Colo,
Section L. That bonds of the City
of Grand Junction. Colorado, in the |
principal sum of Fifty Thousand Dol
lars (s50.000) be issued for the pur-
pose of the construction Of water !,
works for said city to supply said !
city and the inhabitants thereof with |
water for fire and domestic purposes
as hereinafter provided. d-1l q
Section 2. Said bonds shall be, is-
sued in denominations Of One Thou
sand Dollars ts1, ,0C0), shall bear
date of April list, 1908, shall bel
numbered from No. i to No. SO i'm
elusive, shall become due and paya-t
Bile in fifteen, (151 years from their /
date, shall bear interest at the rate
of Six per cent (6) per annum, pay
able semi-annually, on the first day
of April, and October of each year. |
The several installments of interest |
shall be evidenced by interest cou-
pons attached to said bonds, and
both principal and interest shall bel
payable as they shall become due in
lawful money of the United Statesi
of America, at the Banking House
of Kountz Bros. in New York City, \
in the State of New York. -ssiA'Sl
Section g. Said bonds shall be
signed by the Mayor, couhtersigned
by the City Treasurer of said City
and shall be attested by the City
Clerk, shall have the corporate seal
of said City affixed thereto and shall
be executed in substantially the fol-
lowing form, to-wit: ~ .aa
UNITED STATES OF AMERICA, |
STATE OF COLORADO. tfs
No. s1,OO0.0OH|
City of Grand Junction,
Water Works Bond ~
Know all men by these presents
that the City of Grand Junction in
the County of Mesa and State of
Colorado is indebted to and promises
to pay the bearer One Thousand Dol-I
lars. in lawful money of the United
States of America, on the first day of
April, A. d. 1928 with interest there
on at the rate of Six coy per cent per
annum, payable semi-annually' on
the first day of April and October of
each year, upon the presentation and
surrender of the proper coupons
hereto annexed signed by litho-
graphed signature of the City Clerk.
Both principal and interest of this
bond are payable at the banking,
house of Kountz Bros. in the. .City.i
of New York in the State of, New
York. r, p. AL
And the said city is hereby held
and firmly bound. and Its faith and
credit, and all the real AMI personal
property in said City are hereby
pledged for the prompt; paymentlofI
this bond and the interest thereon
at maturity. igi sie
This bond is one of series Of
bonds of like date, tenor and, amount,
issued by said city for the purpose
of the construction, of water works
for said City for fire and domestic
purposes, under and by authority of
ions of an ordinance legally passed
by the City Council of said City, on
the 25th day of dsFebruary,
A. D. 1908, and by authority of an
act of the general assembly of the.
State of Colorado entitIedi Jar Act.
relating to Municipal Corporatjens,I ]
approved April d. 1S77,5as anne nded
and supplemented And it is. here.
by certified, recited and deelarel.
that all acts conditions and things
required by the Constitution aud,
laws of Colorado. precedent to and
in the issuance of this bon and, oth-
ers of the same series, havel been.
properly dpne, happened andrperSs
formed and do exist in regular and
due form as required by said Constt
tuition and laws, and that the iadebt-,
| edness of said City. including this,
series of bonds does not, exceed ANY
Limitation. prescribed by the Gopsti-r
tuition, and Statutes of said State of
Colorado. In Testimony Whereof
said city, by its City Council, has
caused this bond to be signed by
the Mayor and the Treasurer and at
tested by the Clerk of said City and,
the Corporate seal of said City to
be hereto affixed, and this bond to-.
be dated the First day OF April. "A. D.
1908. ishtelsi ,lk5i az va,
IlT 03H -F7rl 4 III Mayor..