Los Angeles herald., 1908-01-02
LEGAL NOTICE
ORDINANCE NO. 1877
New Serleal

An Ordinance of the City of Los An
geles ratifying and confirming the SAFE
and delivery to the State Board or Elk
aminers of the State of California, Tor
said state, of $4,000 Water WORKS
bonds of said city, being the Initial
part of the issue of $23.00O,00O bonds
in said city on June 18th, 1907. ~.
Whereas, A resolution was GUY
adopted by the City Council OF the GIty
of Los Angeles, at its meeting OF Ds-
ecutive of said city, to-wit: the mayor
thereof, on December 10th, 1917, ana nS,
published in the Los Angeles Daily
Journal, daily newspaper printed, pno-
lished and circulated in said city, on De
cember 18th, 1907, authorizing the offer
to sell, and the sale, Issuance ana oe-
livery to the state Board OF bxamineI
of the State of California, for said state;
of $4,000 Water Works bonds OF sald
city, hereinafter more particularly de-
scribed, and being the initial install,
city authorized at the special election
held on June ~. 1907, and being the
same $4,000 bonds mentioned ana
particularly described in Ordinance no.
Angeles. approved November IA, 1907.
and entitled AN Ordinance providing
for the issuing of bonds Of the CITY OF
Los Angeles, in the sum of 1--WE hundred
ten thousand dollars ($510,O0O), being
part of the issue of twenty three mill
lion dollars ($23,000,000) bonds au-
thorized by the voters of said city at
special election held June ~. 1907. for
the purpose of acquiring and construct
ing a certain revenue producing NUM-
cipal Improvement. to-wit: Water
works for supplying the inhabitants or
the City of Los Angeles with water
from the Owens River Valley, in the
State of California. including the &C
QUESTION of land water rights. rights
of way and other property, and the
construction of aqueducts, bitches.
canals fnnnR1Q raaarVnirq and other
works necessary therefor" at and for
the price of par and accrued interest
up to the date OF the delivery of said
bonds, and authorizing and directing
the City Treasurer of said city to de-
liver the said $4,000 bonds of the
City of Los Angeles, after the same have
been signed by the Mayor and said
City Treasurer Of said city and counter
signed by the City Clerk of said city,
aud the interest coupons thereto at
tachel. have been signed by said City
rance 40. 1564O New series). to the
said State Board of Examiners OF the
state of California, for said state, upon
the acceptance by said State Board OF
Examiners of the aforesaid offer to sell
said bonds, and upon receiving from
said Board, for the benefit OF said city,
in lawful money of the United States,
the price of said bonds, to-wit: the sum
lars (s51O,O O0), together with interest
thereon at the rate of four per cent
& per cent? per annum from the first
day of December, 1907, up to the date
of such delivery; and
whereas, Said State Board of Exam
liners did thereafter accept the afore-
said offer to sell said bonds upon the
terms and at the price above stated, and
said City Treasurer, In pursuance Of said
authorization and direction, did there
after, to-wit. on the thirty-first day of
December, 1907, deliver said bonds to
said State Board of Examiners, and
then and there received for the same
from said board. for the benefit Of said
city, the above named price, to-wit,
FIVE hundred and ten thousand dollars
(s510,000), together with interest there
cent? per annum from the first day of
December, 1907, up to said date of de-
livery:
Now. therefore. the Mayor and Coun-
ell of the City of Los Angeles do or
daln as follows. to wit:
Section /. That the aforesaid sale
and delivery of the bonds above re-
ferred to, and hereinafter particularly
described, at the price of FIVE hundred
gether with interest theroon at the
rate of four per cent a per cent? per
annum from the first day of December,
to-wit: December thirty first, 1907.
said interest amounting to- the sum of
one thousand seven hundred dollars
($1700) be. and the same hereby is rati-
neQ ana confirmed, ana SalQ DOn0S are
hereby declared to be valid and binding
obligations of said City of Los Angeles.
Said bonds are five hundred and ten
(510) in number, Of the denomination
of one thousand dollars $4,000 each.
They are dated December list, 1907, and
bear interest at the rate of four per
cent a per cent? per annum, payable
semi-annual1y. on the first day of June
year. The principal and interest of
said bonds are payable In lawful money
OF the United States. Said bonds are
numbered from to $40, both inclusive,
and are payable as follows. to wit:
Bonds number / to Is, inclusive. on
the first day of December. 1914.
Bonds number IS to 80. inclusive, on
the first day Of December. is15.
Bonds number 81 to As, inclusive, on
the first day Of December. 1915.
Bonds number &c to so. inclusive, on
Bonds number 81 to rs. inclusive. on
the first day of December, 1918.
Bonds number 76 to 80, inclusive, on
the first day OF December 1919.
the first day of December. 1920.
Bonds number 10s to 100, inclusive,
on the. first day Of December, 1921:
on the first day of December 1922.
Bonds number 1875 to $50, inclusive,
on the first day Of December. 1923.
Ronds number ISL to 1865, inclusive,
Bonds number 1855 to $50. inclusive,
on the first day of December. 1925.
Bonds number .1St to 1876. inclusive.
on the flrst day of December 1926.
Bonds number 1876 to 210, inclusive,
on the first day of December. 1927.
Ronds number 211 to 225, inclusive,
on the first day of December. 1923.
Ronds number 226 to $40, inclusive,
on the first day of December, 1929.
Ronds number 241 to 255, inclusive,
on the first day OF December, 1880.
Ronds number 2R6 to 270, inclusive,
~ tha fret dav Of December, 1881.
Ronds number 271 to 2S5, Inclusive,
IN the flrst dav Of December, 1882.
Bonds number 226 to 800 inclusive,
on the first day of December 1888.
Bonds number 301 to 31b, Inclusive
on the first day of December, 1884.
Bonds number 316 to $50. inclusiy--