The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1909-12-04


section 3. That each oil sand bonds
shall be sigucd by the Mayor aud City
CIulN, uHd cOuutcIoigucd aud registered
Oy the CITY Treasurer, OF SAID City with
ne corporate seal Vt saId Cay lmpI Jss
cd tuoIcuu, aud each OF the interest
COUPONS thereto attached shall Toe cA
,culcd 10y the Autographed lac slnile
signature ut the LIty Treasurer vi
said CITY, aud said Oiuccrs are hereby
authorized and directed to cause said
bonds aud interest coupons to be pre-.
pared substantially IA the forms res
pectINely h~eIeInHDUye set forth, and to
execute same Tor aud on behalf vi said
City, as and Ia the manner, aforesaid
and after their execution aud rcglstIa
ton by tho cay Treasurer, said bonds
shall be delivered to JIcu,
Sutherliu u CO. vi Chicago, Illinois,
the purchaser thereof from the City
Council vi said cay, upon the payment
of the purchase price therefor; and
The proceeds derived from the sale OF
said bonds shall be placed IN II Special
Fund, to be used solely Tor the purpose
OF paying the cost OF constructing the
sanitary sewer system herelnaboye men
toned, aud pursuant to the plans aud
specifications aforesaid.
Section 1. That the interest falling
due ou said bonds ON May 10Th, 1910,
shall be aud the same is hereby ordered
paid aud appropriated cut Of the gen
era fund tax levied by said City IN the
year 1903, aud for the purpose vi re
ImbursIng said general fund for the
amount 80 taken from 1t, and OF pro
yidlng sufficient funds to meet the in.
terert falling due on said bonds sub
scquently to May 10Th, 1910 aud prompt.
~ when aud as the same accrues, and
also of providing a sinking fund Ton
the discharge OF the principal thereof
ut maturity, there shall be aud there
is hereby levied upon all OF the tax
able property IN said City, IN addition
TO all other taxes tine following direct
annual tax, to wit;
For the year 1910 u tax sufficient TO
produce the sum OF sixty five hundred
nd Que Dollars Tor interest.
For each of the years 1911 to 1924,
both inclusive, a tax sufficient TO pro.
duce the sun OF forty'threc hundred
] sl..t.s ga..V h,lIn.u So. anN.W.g
For each Of the years 1925 to 1888,
both inclusive, a tax sufficient TO pro.
duce the sum of ninety. nine hundred
sixty.twO and - luUths Dollars being
forty three hundred thirty.four Dollars
for interest aud ffty.six hunderd
twenty.eight and IS luOths Dollars for
principal.
For the year 1889 a tax sufficient to
produce the sum OF twenty.one hun.
bred sixty.seven Dollars for interest.
Said annual tax shall he extended on
the tax rolls and collected by the same
officers, in the same manner aud at
the same time as the taxes for general
city purposes for the SAID city In each
of said years are extended and collect
ed. The funds derived from said an.
nual tax. shall DO placed in u separate
fund TO be designatdi "Sanitary Sew
err Bonds of 1900 FUND" which shall
be %irrevocably pledged to the payment
of the interest on aud principal of said
bonds 30 long as any of said bonds or
interest coupons thereto apportaining
remain outstanding aud unpaid.
Section ). That all ordinances OF
resolutions or parts thereof, heretofore
passed or adopted in conflict with the
provisions of this ordinance, be, aud
the same are hereby repealed.
Section o. This ordinance shall be
IN lull force aud effect from and after
its passage and approval, aud com.
pletion Of its publication according to
law.