The daily tribune., 1909-01-20

election for the purpose of submitting
the question of issuing such refunding
bonds to vote oi tIe duly qualified
electors of said city aad said ordinance
was published in ne wspaper of gem
eral circulation published in said city
ten days before its passage and was
duly and properly pdssed and adopted
by the said City Council and was re-
corded in a book k~pt for that pur-
pose and authenticated by the presid-
ing officer of the Council and the
Clerk and was thereafter duly and
properly published Al newspaper
published within the limits of said
city: and
WHEREAS: The City Council of
said city did cause 70 be posted
printed notice OF sucn election in a
conspicuous place III each voting pre-
cinct of said city ior fifteen days
preced ng the SAID e.ootlon and did
also publish for period of at least
ten days Immediately preceding such
election in newspaper printed with
in said city notice mat such ques-
ton would be subnltted to the duly
qualified voters OF SAID citv: and
WHEREAS A special election
was duly and properly held in said
city of Florence upon the 18th day of
January, A. ID. 1905, wnereat no per-
son did vote except such as did have
the necessary qualifications of an
elector as provided by law and had
paid tax upon property assessed TO
him or her in said city for the year
Immediately preceding such election
and whose name did appear upon
some one of the certified lists OF tax
payers in said city who had paid
taxes upon property assessed to them
in such city in the year Immediately
preceding such election, made out and
delivered by the County Treasurer to
the Judges Of election in each OF the
several voting precincts in said city;
and
WHEREAS: Upon canvassing the
votes cast at the said election 1t did
appear that majority OF all the
votes cast were for refunding the city
Indebtedness aforesaid:
NOW, THEREFORE,, be it ordained
by the City Council of the City OF
Florence:
the refunding bonds OF the City OF
Florence in the amount of eighty five
thousand dollars ($S5,000) for the
debtedness OF said city which became
payable at the option of said city on
January 2, 1909, and for the payment
of which there were not on January
2, 1909, and are not now any funds
in the treasury of said city. the said
bonded Indebtedness having been con-
tracted for supplying water to said
city and being evidenced by the Water
Works Bonds OF said city dated Jan
uary 2, 1899, in the amount OF eighty
five thousand dollars $3.50, o,0O0) bear
ing interest at the rate of six per
cent. per annum; that such refundlng
bonds be denominated Refunding
Water Works Bonds" be dated jan
uary 2, 1909, be eighty-five 1851 in
number numbered from one % TO
eighty-fiye (s5) both numbers includ-
ed, bear interest at the rate of five
t5) per cent per annum payable semi
annually on the Second day of jan
uary and of July in each year until
maturity, that such refunding bonds
be payable at the option of said city
ten years after date and absolutely
due and payable twenty years after
date, shall recite the title of the act
under which they are issued, being
an Act entitled
An Act to enable cities and towns
OF the state, whether Incorporated un-
der general law or under special char
ter, to refund their bonded Indebted
ness, which mas matured or may here
after mature. or has or many hereafter
become payable at the option of the
said city, or town, by issuing refund
ing bonds. providing for an election
and the payment OF the principal and
i,,fA nd fh.. vtgf,. Ion,
and repeating chapter ll0 of the ses-
sion laws OF Colorado, 1896, and all
conflicting acts" (Approved April 80,
l9Ol.)
shall be signed By the Mayor, attested
by the Clerk and countersigned by the
Treasurer of said city and shall bear
the seal of said city and the coupons
attached to said bonds and represent
ing the interest to accrue thereon
shall be signed by the city treasurer
by Autographed signature
Section 2. Such bonds and coupons
shall be In substantially the following
forms.
(FoRM OF BOND)
UNITED STATES OF AMERICA
STATE OF COLORADO. COUNTY OF
FREMONT
CITY OF FLORENCE
WATER WORKS REFUNDiNG BOND
No..,..... $1,000
KNOW ALL MEN BY THESE
PRESENTS That the City OF Florence,
In the County of Fremont, and State
Of Colorado. acknowledges Itself to
owe and for value received hereby
promises to pay to bearer on Second
day Of January. A. ID. 1929, the priu
cipal sum OF one thousand dollars
lS1.000) together with Interest on said