Daily capital journal. (Salem, Oregon) 1903-1919, 1910-07-21

| % W a. ahAehAs
! (25), westerly halves of lots one (1)
two CD and three (S), in blocl
twenty-seven (27), in Fairmoun
Park addition to Salem; Fraction
block thirty-six (36), Salem; frac
tion block forty-five (45), Salem
and all other property, real and per
sonal, belonging to the Salem Water
company situated within the city oil
Salem or its vicinity or so much oi
said plant and property as may be
deemed necessary, subject to an In.
debtedness against said water plant
amounting to $125,OO0, such in
debtedness consisting of ~, s45,-
900 bonds, face amount, now out
standing of an authorized issue of
$150,000 of bonds executed under
date of July 1, 1892, and drawing 6
per cent interest and secured by a
mortgage or deed of trust recorded iE
the mortgage records of Marion
county, oregon, on August 4, 1892,
and (2), $4,000 bonds, face
amount, drawing 5 per cent interest,
the same being the bonds now out
standing of an authorized issue Of
$150,000 bonds executed under date
of July 1, 1903, and secured by
mortgage or deed of trust recorded
on August 1, 1903, in the mortgage
records of Marion county, Oregon.
Said city is further authorized and
empowered for the purpose of ex-
tending the mains, enlarging said
plant of said Salem Water company
so to be purchased, and generally
enable the city to make such neces-
sary extensions and betterments TO
said water plant as will be deemed
desirable for it's further beneficial
use and operation; to purchase or
lease, within or without the limits
of the city, additional real estate
and other property, construct reser-
voirs and other works, and do all
things that may be deemed desira
BILE.
2. The said city is authorized
and empowered to main tain, conduct
and operate said plant, and to fur
nish to public and private consum-
ers, either within or without the linn
its of the city, water for domestic,
commercial and public purposes,
and to charge a compensation there
for, and to do and perform any and
all acts and things with relation to
the operation, conduct or mainte-
nance of said water plant the same
rs private corporation might or
,ould do.
8. There shall be a water board,
o consist of the mayor and four
,ther citizens of said city, to be
elected by the common council. The
mayor shall be chairman, and the re.
iorder OF said city the clerk of said
'oard. Upon the taking effect of
his amendment to the charter, the
ommon council shall elect two
Members of said board TO serve for
wo years, and two members for
our years. Thereafter all the mem
'ers OF the board shall be elected
or four years. The city council may,
" a two-thirds vote, remove any of
he four members of the water
,oard elected by it twenty days af-
er charges of mlsfeasance or mall
easance in office have been duly
nd regularly filed in writing with
he recorder of the city, and after
he accused member is given fair
nd impartial hearing before the
ouncll.
A. In case of a vacancy occurring
n the water board for any cause the
anne shall be filled by an election
" the common council for the un-
xplred period of the term of the
member whose place becomes va
ant. No person shall be eligible as
member of said board unless he Is
# has been for at least five years
iext preceding his election an cleo
or in said city.
8. Said board shall have the
harge and management OF the wa
er plant of the city of Salem, Said
ioard shall have power and author
~ to enter into contracts, to pur-
hase all necessary material and sup
lies, and to employ and discharge
uch agents, worlSmen, laborers and
eryants as It may deem convenient
II necessary In the conduct, exten-
ion, operation or management of
no waterworks. Said board shall
lave power and authority 70 regu-
ate and control the use. sale and
distribution OF water, ok the rates TO
10 charged by public and private
consumers and provide the manner
4 collecting tho same. and TO do
my other act In the construction,
peration, extension unJ malnte'
lance OF the waterworlSs OF the city
4 Salem that may be deemed neces-
airy or advantageous 20 said city.
d. For the purDOsa of CARRYING