St. Johns review. (Saint Johns, Or.) 1904-current, 1908-07-24
ORDINANCE NO. 1855
An Ordinance Fixing the Form Of
Bond Of the CITY Of st. Johns,
to be Issued for Dock Purposes
as Authorized by Ordinance No.
ia Of Said City.

Whereas, heretofore, on the aIst day
of April, 1908, the Council of the City of
St. Johns duly. passed an ordinance No,
ia authorizing the issuance of bond of
said City to the amount of SIXTY
THOUSAND DOLLARS 1850 ,ooo), and
prescribing the details of the execution
thereof, and.
Whereas, the Council of the City Of
| St. Johns does now desire TO fix the form
of bond to be issued under said ordin-
ance No. ia;
| Therefore:
The City of St. Johns does ordain as
follows:
Section /. The form of the bond
authorized heretofore by Ordinance No.
numbers) in substantially the form fol-
lowing, namely
NO. $500.
UNITED STATES or AMERICA
STATE or OREGON
CITY OF ST. JOHNS PUBLIC
DOCK BOND
Know all men by these presents,
That the City of St. Johns, Multnomah
county, Oregon, acknowledges itself to
owe, and for value received hereby pro.
misses to pay to bearer ON the 7Ist day OF
April 1928, the sum of Five Hundred
Dollars (Ssoo.oo) together with interest
thereon from the date hereof at the rate
of six percentum per annum, payable
semi-annually on the 7ist day Of October
and OF April In each year on presentation
and surrender of the interest coupons
hereunto attached as they severally be-
come due. Both principal and interest
Of this bond are hereby made pay
able In gold coin OF the United States at
the Peninsula Bank In the City of ST.
Johns, Oregon, or at Hanover National
Bank. New York City, at the option Of
the holder.
This bond Is one Of series of bonds Of
like denomination and tenor issued by
the City Of st. Johns for the purpose of
acquiring site aud erecting, building
and constructing thereon q public dock
Tor public dock purposes pursuant TO the
authorization of more than two-thirds of
the electors Of the City of St. Johns vot
ing at an election duly called and held
IN the said City on the 9th day Of April,
1908, aud In accordance with an ordinance
of said City duly passed by It's Council
on the sist day Of April, 1908.
Aud II IL hereby certified and recited
that all acts, conditions aud things re-
quircd 10 bc done precedent TO aud IN
issuance Of this bond have been done,
have happened aud been performed IN
apt time and season and In due form OF
law aud that the total indebtedness OF
the City OF st. Johns, this bond included,
does not exceed any constitutional or
charter limitations.
In testimony whereof, the City OF ST.
Johns, has caused this bond 10 be signed
by It's Mayor and attes,ed by It's record.
er, and scaled with Its Corporate Seal,
and the interest coupons hercunto At
tachcd TO be executed In its behalf by
the engraved signature Of It's Mayor ~
Of the sist day Of April. 1908.
II. w. BRicE
Attest; Mayor.
A. NJ. EssoS.
Recorder.
Attached TO said bonds and evidencing
the several installments OF interest 10
accrue thereon shall be interest notes or
coupons numbered consecutivciy from
one TO forty, both numbers inclusive, and
except as To numbers aud dates OF matur- |
iiy shall be OF substantially the form
following;
(Porm Of coupon.)
October SIS.oo
On the sIst day OF April, I9...,.., the |
City OF ST. Johns, Oregon, promises to |
pay the bearer Fifteen Dollars in gold |
coin OF the United States at the Perinsu.
Ia Bank, ST, Johns, Oregon. or at Han.
over National Rank, New York, at the
option OF the holder for semi.annual in,
ierest due that day on its Public Dock
Bond, dated April ~, 1905, Number
ii. w. BRIcE
Mayor.
Section 2. All ordinances or parts OF
ordinances in conflict herewith are here
)y repealed.
Passed the council July IL, 1908.
Approved July al, 1908.
ii. w. BRIcE
Mayor
Attest:
A. NJ. Esson,
Recorder
Published In the St. Johns Review
July "a, 1905.