The Holly chieftain., 1909-10-29

estimates and orders ol the engineer
couniersgned and approved BY the mayor. but
the mayor and Board OF Trustees may use
sad bonds at par Tor the payment Of engineering
and other clerical expenses and cost Of nspec-
ton. OF the mayor. with the approval OF the
Board ol Trustees. may sell in the manner pro
vided in SAID Act sufficient Of sand bonds at
not less than par to pay said expenses in cash
The town treasurer shall make and preserve a
record of all bonds issued hereunder in suit
able book kept for that purpose
Section 8. That said bonds and the coupons
thereto attached shall be in substantially the
following form:
United States Of America.
State Of Colorado Town Of Holly
Local improvement Bond.
Holly Sewer District No. One.
The town Of Holly. in the county Of Prowers
and State Of Colorado. for value received. &C
knowledges itself indebted and here
by promises to pay to the bearer hereof
the sum Of FIVE hundred dollars $500
in lawful money Of the United States OF
America, at the Office Of the town treasurer in
said town. on the FIRST day Of January. A, ID,
1880. subject to call and payment, however. at
any time prior thereto, as provided in the Act
Of the General Assembly Of the State Of Colo
rado hereinafter mentioned. with interest there.
on from date until payment at the rate Of six per
cent (6) per annurn. payable semi-annusily on
the FIRST day Of July and January Of each year.
at the oihce OF the town treasurer aforesaid. or
At the banking house Of kountze Brothers. in
holder. upon presentation and surrender Of the
a~s.H liz, due
This bond is issued for the purpose Of paying the
cost Of local Improvement in Holly Sewer Dis
trict No l. by virtue Of and in full conformity
with an Act Of the General Assembly Of the
State of Colorado. entitled IAN act to provide
Tor The GenstG,cton Of local improvements in
cities oi all classes having . population Of less
than lUO.OUO. aud incorporated towns, the issu
ance OF local improvement bonds therefor, and
the assessment and payment OF the cost ot said
improvements. approved April s, 1899. and an
ordinance Of said town duly adopted. approved
published and made 4 law d said town prior to
the issue hereof. This bond j. payable solely
out OF the proceeds Of special assessment to
be levied upon real estate situate in the town oi
Holly. in said Holly Sewer District No. l. es-
peciay benefited by said improvement. and the
amount OF the assessments so to be made upon
the real estate in said district for the payment
thereof, with accrued interest, is a lien upon
said real estste in the respective amounts 10 be
apportioned TO said real estate and assessed by
an ordinance Of said town, said lien having PR
orty over all other liens except other bonds
heretofore issued BY said town pnd the lien Of
general taxes. and it is hereby certified and re-
cited that the total issue of the bonds of said
town tor said district. including this bond. does
NOT excasd the estimate Of the town engineer.
the contract price lqr said improvements the
amount authorized by law, and il il further
hereby Certified and rected that every require
ment Of law relating to the creation d said
Holly Sewer District No. |, the making Of said
local improvement, and the issue Of this bond
have been fully complied with by the proper Of
hcers. and ,hst al conditions required to exist.
and things required to be done preceden, to and
in the issuance Of this bond to render the same
lawful and valid have happened and been prop
crly done and performed and did exist in regu-
lar and due time. form and manner as required
by law.
In testimony whereof, the said town Of Holly
has caused this bond to be subscribed by it's
mayor. attested by its town clerk under the seal
Of the town. and the interest coupons hereto an
nexed to be attested By the fac-simile signature
Of the town treasurer, this -. day Of .....
A. ID. 1909.
Mayor.
Attest: