The Leavenworth echo. [volume] (Leavenworth, Wash.) 1904-current, 1908-09-25
ORDINANCE NO. SO

An ordinance authorizing the town of Leav-
enworth to borrow the sum of three thous-
and dollars, for the purchase and improve
ment of IL park, being q portion of section
H. township "a, range II Il. w. NJ, and pro
viding for the issuance, sale and redemp-
ton of its negotiable bonds therefor, and
providing for special election that the
electors of said town may vote for the
ratification or rejection of said PROPOSE
ton.
Be 1t ordained by the council of the town
of Leavenworth as follows:
Sec. /. That the town of LeavenWorth
shall borrow the sum of three thousand
$1,000 dollars for strictly park purposes, to-
wit: For the purchase and improvement of
the north half ~ of the northwest quarter
"a OF the northeast quarter ~ of section
Ii, township "a, North Range IL Il. w. M,
Ohean county, Washington, and issue and
sell its negotiable bonds to the amount of
three thousand dollars for that purpose.
Sec. 2. The Clerk of the town of Leaven-
worth shall give public notice of a special
election, which is hereby ordered for the
nth day of October, 1908, by publishing IA
notice thereof for period of at least fifteen
days in each and every issue during that
time in the Leavenworth Echo, a newspaper
printed and published within the town OF
Leayenworth: the first publication to be mt
least fifteen days before the time set by this
ordinance for the holding of said election.
If two-thirds of the legal ballots cast on the
question of issuing the bonds referred to In
this ordinance be in favor of Bonds, yes"
the town of Leavenworth shall be deemed
authorized to borrow the said sum of three
thousand $1,000 dollars and issue its negoti-
able bonds therefor and no portion of the
money so borrowed shall be used for other
than strictly park purposes as specified in
section one of this ordinance.
Sec. 3. AT such election held under the
provisions of this ordinance, the polls shall
be open at eight O'Clock a. m. and closed Mt
eight O'Clock p. III. The vote shall be by bal
lot. The ballots used shall contain, In sub
stance, the following:
shall the town of Leavenworth, for the
purpose of purchasing and improving the
north half 90 of the northwest quarter "a
to to se et "A North " Range Il E. W. NJ Of
Ohelan county, Washington, borrow three
thousand $4,000 dollars and issue its negoti-
able bonds therefor"
Bonds, yes?
Bonds, no?
So that the remaining portion of the
ballot shall express his vote on said ques-
Sec. 4. The Clerk of the town is author
lied to have printed, at the expense of the
town of Leavenworth, at least five hundred
ballots of convenient size. suitably printed
for said election.
Sec. 5. There shall be levied each year,
upon the taxable property of said town of
Leavenworth, in addition to the tax for
other purposes, the sum of one mill on each
dollar of the assessed valuation of property
within the town OF Leavenworth, to be due
and payable as other taxes, which shall be
placed In a fund to be known as the PARK
Fund FIFTY per cent OF the, the money f3, com
may be used in maintaining and improving
the park, and the balance shall be set aside
In extinguishing the bonded Indebtedness
hereby created and may not be used for any
other purpose.
Sec 8. All bonds issued in pursuance OF
the special election herein provided for shall
be issued in denominations of 500; shall be
numbered from one to thirty, consecutively,
and shall be payable seven years from date
and shall bear interest at the rate of six per
cent. per annum payable semi-annually,
with interest coupons attached, and the
principal and interest shall be payable at
office of the treasurer of said town OF Leav
enworth at Leavenworth, Wash. and shall
bear the date of delivery Of money. The
bonds and each coupon shall be signed by
the Mayor countersigned by the Treasurer
and attested by the Clerk, under the seal OF
Mayor, Treasurer and Clerk are hereby
authorized to execute the same.
Sect Said bonds shall be printed, en-
grayed or Autographed on good paper. Said
bonds shall also have printed on the back
thereof, a copy of section l0ll Vol. 3 Ballfn-
gers Code, together with copy OF this Or
dinance and "a statement signed by the May
or and CLERK of said town showing the result
of such election.
Sec. 8. The Mayor and finance committee
of the City Council are hereby authorized
and empowered to negotiate and sell the
bonds authorized to be issued in pursuance
of this ordinance mt said election.
Sec. o. The Treasurer OF the town shall
keep register of all bonds Issued In pur-
suance hereof, which register shall show the
number. date. amount, interest, name OF
payee of each and every bond executed, Is
sued or sold hereunder.
Sec. 10. 1t shall be the duty OF the CLERK
to certify on each bond the date of its regis
tration and to note in the bond register, the
number OF the bond and the date OF its reg
istration.
Sec. IL. This ordinance shall become eff
fectiye and be In full force when II shall be
passed by the Council, signed by the Mayor,
attested by the Clerk and from and after
five days from the date of its publication
once In The LeayenwOrth Echo, newspaper
printed and published in said town OF Leav-
enworth.
First reading Sept. 9th, 1903.
Passed by the Council, signed by the
Mayor, attested by the CLERK, september
%, 1908.
Published September 18th, 1908.
o. y. SA Epson, Mayor.
By \. q. WOLDENBERG,
Mayor pro tenn.
Attest: GUY A. HAMILTON, Clerk OF the
Town of LeavenWorth.