The daily sentinel., 1908-02-13
AN ORDINANCE

Providing for the Issuance of Bonds
of the City of Grand Junction,
Colorado, for the Purpose of the
Construction of Water Works for
Said City for Fire and Domestic
Purposes.
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 ($50,000) 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.
Section 2. Said bonds shall be is
sued in denominations of One Thou
sand Dollars ($1,0O0), shall bear
date of April 1st, 1908, shall be
numbered from No. 1 to No. SO i'm
elusive, shall become due and paya-
BILE in fifteen (15) years from their
date, shall bear interest at the rate
of Six per cent CO. 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-
both principal and interest shall be
payable as they shall become due in
lawful money of the United States
of America, at the Banking House
of Kountz Bros. in New York City,
in the State of New York
Section g. Said bonds shall be
signed by the Mayor. countersigned
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
De executed in substantially the fol-
lowing form, to-wit:
UNITED STATES OF AMERICA,
STATE OF COLORADO.
No...... 100000
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
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 CO. 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
of New York in the State of New
York.
And the said city is hereby held
and firmly bound. and it's faith and
credit, and all the real AMI personal
property in said City are hereby
pledged for the prompt payment of
this bond and the interest thereon
at maturity.
This bond is one of a 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
and in accordance with the provis-
ions of an ordnance legally passed
by the City Council of said City on
the. .... day Of. ..........
A. d. 1908, and by authority of an
act of the general assembly of the
State of Colorado entitled "An Act
relating to Municipal Corporations"
approved April 4. 1877, as amended
and supplemented. And it is here
by certified, recited and declared
that all acts conditions and things
required by the Constitution and
laws of Colorado, precedent to and
in the issuance of this bon1 and 9TH
ers of the same series, have been
properly dpne. happened and per-
formed and do exist in regular and
due form as required by said Consti-
tuition and laws. and that the indebt-
edness of said City, including this
series of bonds does not exceed any
limitation prescribed by the Consti-
tuition and Statutes of said State OF
Colorado. In Testimony Whereof
said city, by it's 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