The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1909-11-27
npn1NANCE NO. rA6.

| AS PROVIDED IN OKDlNANSE ny;
BE THE r. rSSdRab A HAf II BY Tie MAYOR
AND COUNCIL OF The CITY OF
WHEREAS, 1t has heretofore duly de;
termined by an ordinance by the mayor and
| council Of the city of Caldwell to issue
bonds of said city amounting to the sum sum
| having the cross intersections OF certain
streets and alleys in the city of Caldwell to
correspond with other grading and paving
AUDITING the property owners, said ordinance
having been. passed by the mayor and coun
Gil of the city of Caldwell on the 10Th day
of July 1909, and
WHEREAS, for the purpose Of enabling
the qualified electors and taxpayers of the
| city of Caldwell to assent or dissent from
the proposition to issue such bonds, an cleo
ton was in all things, properly and Tegu-
| in The city OF Caldwell on the 9Th day OF
September, 1909, at which election it was
determined by more than a two-thirds vote OF
the qualified electors who were taxpayers
| of the city of Caldwell, to issue the said
| bonds in the said amount and /,
WHEREAS, the said mayor and council
of the said city OF Caldwell gave due no.
tice as required by law by proper pubiica;
ton in a newspaper published weekly in said
| City of Caldwell in four issues thereof, OF
the intention of said city to issue said bonds
| and to negotiate the same and to invite
| bidders therefor, and
WHEREAS, 1t has been duly ascertained
by the mayor and council OF the said city OF
Caldwell that the bid for the entire issue of
| said bonds by S. A. Kean, OF Chicago,
therein is less than the maximum rate named
Illinois, is the highest and best bid offered
/ for said bonds and that the interest to be
paid by the City of Caldwell, as provided
| therein is les sthan the maximum rate named
in ordinance No 1872, and the amount bid
being greater than the par value thereof and
| of at the time of disposal.
| BE IT ORDAINED by the mayor and
council of the City of Caldwell that the sale
of the said issue of $26,oso78 OF paving bonds,
to bear five per cent interest per annum, be
and they are herby awarded to the said firm
1 of s. A. Kean at 1900 of per cent avove par
and accrued interest at the time OF their dis
posal, the interest thereon to date from
/ July 1, 1909. The said bonds shall be ex-
ecuted and issued as hereinafter provided,
/ and delivered to the treasurer of the city
of Caldwell, who is authorized and directed
| to deliver the same to 5. A. kean upon
| full compliance with the terms and conditions
| of said bid
1t is further ORDERED and AUTHOR
lied that the said $z6oso.78 in bonds shall
consist of 26 bonds in the sum of One Thous-
and (1ooo.oo) Dollars each, numbered consec-
utively from to s6, inclusive, and one bond
i in the sum Of $5o.78, numbered ~, be 18th
ographed or printed, bearing date of July 1,
| 1909 and shall be known as the municipal
| paving bonds Of the city of Caldwell, series
| of 1909, and shall be payable on the first
day of July, 1899, or anytime after the ex-
piration Of ten (Io) years after their date, at
the option of the city of Caldwell in the
order in which they numbered. Said
bonds shall bear interest at the rate Of five
per cent per annum, to be evidenced by
semi-annua coupons, payable seTni-annually
| on the first days of January and July in
each year during the existence Of such In
shall be payable at the Office Of the Treas.
urer of the City Of Caldwell, or at the Chase
National Bank in the City of New York
holder thereof. Each Of said bonds shall be
payable within twenty (2o) years from the
date of its issuance and shall be redeemable
at the pleasure Of the City of Caldwell at
any time after the expiration of ten (ro) years
from the date of its issuance and in the
order in which it is numbered. Each of said
bonds shall be attested by the Corporate
Mayor, attested by the Clerk and counter.
i signed by the Treasurer of said City, and
the coupons attached to said bonds shall be
signed by the Treasurer OF the City OF Cald'
It is further ORDERED and ORDAINED
that the said bonds and coupons shall con
tain the recitals and be Of the following
NUM- "UNIrED STATES OF AMERICA.
l. STATE OF IDAHO.
COUNTY OF CANYON MUNICIPAL
! CITY OF CALDWELL.
KNOW ALL (SMiT ES q BY ''1 TGHEsE PRES
ENTS: That the City of Caldwell, Munich.
pal Corporation and City of the Second
Class in Canyon County, State. of Idaho, is
Justly indebted, and for value received
| Illinois, or bearer, on the first day of July,
in the year of our Lord one thousand nine
hundred and twenty-nine, or at any time
after the expiration of ten Go) years after
the date hereof, at the option Of said city, in
the order which the bonds of this series are
numbered, the principal sum of One Ihous;,
and Dollars, in lawful money Of the United
est thereon at the rate Of five per cent per
annum, payable semi.annually on the first
days of January and July of each year dur
ceptng the last coupons to fall due shall
be paid contemporaneously with said bonds
| July I, 1899, on their presentation and the
i surrender Of the semi-annual coupons as
they severaly become due The principal and
interest thereof are both payable at the
j Chase National Bank at the City and State
Of New York Or r. at the office Office Of the City
j This bond is one Of series of y bonds,
numbered consecutively from, to ~, in
elusive, numbers of to as thereof being Of
| like date, tenor and amount in the sum Of
100000 each, and number II being of like
date and tenor and in the amount of $so.78,
amounting in the aggregate to the sum of So
| oso78 and is issued togethe with other
bonds of this series for the purpose of grad
ing and paving the cross intersections of
the streets and alleys in the City Of Caldwell,
and IN pursuance oil the favorable vote OF
more than two-thirds of the qualified cleo
tors of said City presented and voted on the
Sth day of September, in the year Of our
/ Lord, one thousand nine hundred and nine,
and the City of Caldwell Canyon County,
Idaho, does hereby covenant and agree to
i and with the holder Of this bond and the
coupons hereto attached, that the faith, credit
and resources of said City are inviolably
and irrevocably pledged for the payment of
| the principal and interest thereof and it Is
4 hereby certified and recited that the bond and
the entire Of ~ bonds are in all par
ticulars issued in full conformity with the
| provisions of Chapter II, Title I3 Political
| Code, Idaho Revised Codes
/ It is further certified and recited that the
form Of this bond and its recital have been by
ordinance of the City Council duly prescribed;
that said issue Of bonds were sold at
not less than par value and ac-
crued in teerstagt cmfwyp mfwyp fwyppp
crued interest at the time Of their disposal
and that all acts, conditions and things re-
quired to be done precedent to, and in con-
nection with, the issue Of said bonds have
been seyeraily properly done and performed
| in regular and due form, as required by
law; and that the amount Of this issue to.
| gether with all other Indebtedness Of said
| City, does not exceed fifteen per cent OF the
real estate values in SAID City, according to
the assessment OF the year preceding the
date hereof and does not exceed any charter
IL sta