La Junta tribune., 1908-11-14
ord,n.ne. No. q.


table coupon bonds OF said town 10
raise funds therefor; and to provide
for the levy OF tax for the pay.
ment of the principal and interest
thereof.
Whereas a majority OF the duly
qualified electors of the Town of
Swink. voting upon the question al a
special election for such purpose held
in said town on the 2Sth day of july
a. %. 1908. voted In favor of the
erection and construction of sys-
tenn of waterworks by said town.
Now therefore:
BE IL ordained by the Board Of
Trustees. of the Town OF Swink:
Section /. That system of water
works for fire and domestic purposes
be erected and constructed by The
Board of Trustees of the Town OF
Swink, of such capacity, extent. and
MAGNITUDE as to said Board may
seem necessary for the needs OF the
inhabitants of said town. said system
to be owned, managed and operated
by the town.
Section 3 That suitable and nee.
essary ground De acquired by said
town Ly purchase. donation. condem-
nation or otherwise, Tor the proper
reconstruction, operation aud mainten-
Dance OF said system of watorworks.
Section 3. That for the purpose OF
providing funds for the construction
and erection of such system OF water
works, the town shall issue its ne
gotiable coupon bonds in the as,gre-
gate amount of Seventeen Thousand
Five Hundred Dollars, consisting oil
I4lirty-fiye bonds In the denomination
OF Five Hundred Dollars (s5oO) each,
payable in gold coin of the United
states of the present standard of
weight and fineness OF the equiva-
lent thereof: and bearing interest
from and after the first day of
December, A. ID. 1908, at the rate OF
siA per cent per annum, payable semi
annually on the first day of Decem-
ber and June In each year, and evi-
denced by coupons attached to said
BONDS. Said UOnds shall be num-
bered In regular and consecutive or
der, commencing with Number one,
and shall be payable in the order
or their number at the pleasure OF
the Town of Swink, at any time after
the first day of December, \. ID. 1918,
and shall be absolutely due and pay
apIe on the first day of December,
A. ID. 1928; said Londs and the cou-
pous attached thereto shall be pay
aole at the banking house OF kountze
BROTHERS in the city OF New YORK, !,
said bonds shall bear date the first
day of December, 1905, shall be Sign
eu by the mayor, attested by ths
town clerk and recorder under the
official seal of said town, counter
signed by the town treasurer, ana
shall be recorded in look 10 De
kept by said town clerk for that pur-
pose; all coupons shall bear the
original or fac similie signature O.
the treasurer of said town.
Section 4. Said bonds shall be in
substantially the following form:
STATES OF AMERICA.
~ NO. 0.
STATE OF COLORADO.
Town OF Swink County of otero
ss00 $500
''O' sw1NK WATER BOND.
The Town of Swink in the County
of Otero and State Of Colorado. ac-
knowledGes 1t is Indebted and prom
ises to pay to bearer, Five Hundred
Dollars ($5OO) for value received. re-
deemable at the option of said town,
after ten years, and absolutely que
and payable fifteen years from the
date hereof, with interest thereon
at the rate OF six per cent per an
mum, payable semi-annuaily on the
first day OF December and the first
day OF June in each year, upon the
nresentation and surrender of the
annexed coupons as they severaiiy
become due, both principal and inter
est payable at The Banking House
OF Kountze Brothers in the City of
New YORK.
Both the principal OF this bond and
the interest thereon are hereby made
payable In gold coin OF the United
States of America of the present
standard of weight and fineness.
This bond is one of series oil
bonds OF like date, tenor and denom-
ination, numbered from first TO iast.
issued by the Board OF Trustees OF
the Town of Swink, for the purpose
Of supplying said town with water,
under the authority OF ana In run
conformity with Chapter Clx OF the
General statutes of Colorado, and all
amendments thereto, and under the
authority Of, and in full conformity
nth an Act of the General Assembly
N the State OF Colorado. entitled.
An act concerning water works, gas
| orks and electric light. works IN
towns and cities, and to repeal all
acts and parts Of acts In conflic,
herewith" approved April s. 1899 and
under the authority OF a vote OF
such duly qualified electors OF said
town Of Swink as were taxpayers un-
der the law at an election duly call
ed and legally held on the 2sth day
OF July, A. d. 1908, and 1t Is hereby
recited that the terms and conditions
thereof have been fully complied Win
by the proper authorities concerned
In the Issuing of this bond;
And 1t Is hereby further ceruiled
and recited that all acts ana .hihss
reouired to be done, and conditions
and things required to exist, prece-
dent to and in the issuing Of this
bond, to render the same lawful ana
valid, have happened. been properly
dome ana perfnrmed. and do exist IN