The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1910-02-11

| tax levy OF the $57,50O municipal
| bond issue of the city of Blackfoot al
heretofore provided in ordinance No
| 10 passed on the 5th of August. A
d., 1909.
WHEREAS it was heretofore duly
determined by ordinance of the Mayor
and City Council of Blackfoot, Idaho
to issue bonds of said city, amounting
to the sum of $4,000, as provided In
ordinance No. 10 passed and approved
by the council August 5th, 1903, and,
WHEREAS for the purpose of en-
aiding the qualified tax-paying cleo
tors of said city to assent to or dis
sent from the proposition to issue such
bonds, the election was in all things
place in said city on the 18th day
Of September, 1903, at which election
the ballots used were in due form
as required by law and they were
cast In favor Of issuing sad iasu,n BOMBS as
said bonds and IS votes against the
issuing of said bonds, which vote was
canvassed and the result of said cleo
tion was declared to be in all things
and,
WHEREAS the Mayor and City
Council of said city heretofore gave
due notice as required by law by due
and proper publication in a news
paper published weekly in said city
in four (4 consecutive issues there
of, of the intention to issue and ne
gotiate said bonds and invite bidders
therefor; and,
WHEREAS it has been duly ascer-
tanned by the Mayor and City Coun-
cilnen of the city of Blackfoot, Idaho,
what the best terms upon and the
lowest interest at which said bonds
can be negotiated; and,
WHEREAS the best bid was made
by the firm of John Nuyeen q Co,
Bankers of the City OF chicago ana
State of Illinois, at price In .ex-
bear interest at the rate of six per-
centum (6%) per annum; Now There
fore:
Be it ordained by the Mayor and Coun-
cilmen of the City of Blackfoot,
Bingham County, Idaho:
Section /. That the sale of said is
sue of $57 500 municipal coupon bonds
he and they are hereby awarded to
the firm of John Nuveen & Co, chi
cago, Illinois, in accordance with their
bid
Section 2. That said bonds to the
OOO) Dollars shall be known as MUM
cipal Sewer Coupon bonds of 1909,
shall be numbered from ! to Al, both
inclusive: that said bonds to the
dred $50, 5000 Dollars shall be known
as Municipal Fire Department Coupon
Bonds Of 1909 shall be numbered from
AZ to So, both inclusive, bond No. 81
beng for Of &c., Th saa SO1ss po
Street Str Improvement Coupon Bonds of
1909, shall be numbered from 53 to
IS, both inclusive; all of said bonds,
December /, 1909, due December l,
1925, but with the option of payment
by said city at any time before said
date after DeeembeF J. d ls1s sac be eS OF
$500; shall bear interest at the rate
Of six percentum (69o) per annum,
payable semi-annually, on the frst
days of January and July IN each
ing payable at the Hanover National
Bank in the City and State of New
York.
Section 8. That said bonds and cou-
pons shall be in substantially the fol-
lowing forms, to-wlt:
(Form of Sewer Bond)
UNITED STATES OF AMERICA
State of Idaho County of Bingham
AZ CITY OF BLACKFOOT
Sewer Coupon Bond of 1909
No $1,000. |
KNOW ALL MEN BY THESE PRES
ENTS That the City of Blackfoot,
4 municipal corporation and city OF
The second class in Bingham County;
State Of Idaho, is justly Indebted, and L
10 John Nuveen & Co., or bearer on
he First Day of December, A. D.,
1929, or at any time before said date
after December j., 1919, at the option
he Bon bonds Of this series are numbered,
he principal sum of ONE THOUSAND
in lawful money OF the
United States of America, together
with interest thereon at the rate OF
able semi annually on the First days
Of January and July of each year
Turing the existence of said indebt,,
edness, excepting the first coupon snail
coupon for five 90 months, falling
Tue December 1st, 1929 as evidenced
by and upon the presentation and sur
render of the interest coupons here
iue. Both principal and interest here
IF are payable at the Hanoyer Ma
.ional Bank in the City and State of
New York.
ltively from one % to- forty-one cd,
all of like date, tenor and
amount amounting in the aggregate
10 the sum of Forty-one Thousand
($41,0O0) Dollars and is issued, to-
sether with the other bonds OF this
series, for the purpose of laying, con-
equipment and maintenance
IF sewers in, on and under the streets
md alleys Of the city, of Blackfoot,
md in. pursuance OF the favorable
vote of more than two-thirds Of the
qualified tax-paying electors of said
City present and voting at duly and
egaliy called and held election in said
city on the Eleventh day of Septem-
Der, A. D., 1909. And the said City
If Blackfoot, Bingham County. Idaho,
does hereby covenant and agree to
md with the holder Of this Bond and
he coupons hereto attached, that the
'aith, credit and resources of said
City are inviOlably and irreyocably
pledged for the payment of the prin-
,ipal and interest hereof.
And it is hereby certified and re-
cited, that this bond and the entire
series of forty-one bonds are Up all
issued in full conform
ty with the provisions Of the laws
4 4 Idaho now in force a and, especially s,dyy
r !Gds 1885, 49, Chapter T. Idaho revised
And it is further certified and re-
,ited, that the form of this bond and
is recitals have been BY Ordinance
# the City Council duly prescribed;
hat this bond was sold at not less
han its par value and accrued in
crest at the time of it's disposal, and
hat all acts. conditions and things
'equired to be done precedent to and
n connection with the issuance Of
his bond have been each, severally