St. Johns review. (Saint Johns, Or.) 1904-current, 1911-03-24

as follows:
Section /. That Whereas, the City
Council of the City of st. Johns,
Multnomah County, Oregon, did on
the 2lst day of February, 1911, at a
regular meeting of the City Council,
adopt Ordinance No. 357 entitled
"Ordinance No. 357, an Ordinance
authorizing n special election for the
City Of 81. Johns and fixing time
and place and naming the judges and
clerks TO act thereat for the purpose
Of submitting TO the qualified elect.
ors of the City Of st. Johns prop.
osition of incurring municipal
bonded indebtedness In the sum of
s6OOO.00 for the purpose of pur.
chasing, from the sc. Johns Trans.
portation Company, corporation, the
following property, to.wit: The Ferry
Slips, Pontoons and Approaches now
owned by the said st. Johns Trans.
portation Company situated on the
East Bank of the Willamette River
at the foot of Pittsburg Street in
the City of st. Johns, Multnomah
County, Oregon, and on the West
Bank Of said river, opposite TO the
City of Sc. Johns, at its ferry land.
ing on said West side Of said river. 4"
which said Ordinance was passed by
the Council and approved by the
Mayor and attested by the Recorder
on the 2lst day OF February, 1911,
and was thereafter and on the cath
day of February, 1911, published In
the 81. Johns Review, n weekly news.
paper published at 81. Johns, the
same being the official paper Of said
city, which said Ordinance IL on file
and Of record In the office OF the
city Recorder and Is hereby referred
toj and
Whereas. the City Recorder caused
n notice Of said special election,
called by virtue OF said Ordinance
No. 357, 10 be published, as In said
ordinance directed aud as prescribed
Johns, which said notice was pub.
lishcd In the 81. Johns Review, n
weekly newspaper, for a period OF
more than ten days, ms Is shown by
the affidavit of the foreman OF said
paper, which said affidavit Is on
file In the office of the City Re.
corder and Is hereby referred TO,
and the legal posting Of notices Of
said election, as In said charter pro.
vided, ms Is shown by the affidavit Of
the Chief Of Police on file with the
city Ree9Lder aud is hereby referred
Whereas, on the iith day OF March,
1911, between the hours Of A. NJ.
and T.. NJ. on said day, that said
special election, as called in ordi.
nance No. 357, was so held in legal
aud regular form according 10 the
laws and the charter Of the City of
81, Johnsi and
Whereas, the canvasslng board,
duly aud regularly appointed to can.
vas said votes at said election so
held ON the nth day OF March, 1911,
duly and regularly eanvassed said
votes and did certify that there had
been east at said election ON said
bond question the whole number OF
is2 votes; and that the number of
votes east In favor of the issuance
OF said bonds by said City Of st.
Johns at said election was i66 aud
that the number of votes east against
the issuance of said bonds by the
City OF 81. Johns was 10; all of which
is fully shown by the certificate Of
said eanvassing board, which said Ger,
tihcate is on die in the office Of the
City Recorder Of said city and is here,
by referred TO; and
Whereas, that ON the l4th day of
March, 1911, the Recorder of said City
of 81. Johns duly and legally made
and filed his certificate in the office of
the City Recorder that at said elee,
tion on the llth day OF March, 1911,
the vote in favor of the issuance of
said municipal bonds had carried and
that their issuance was approved by
the qualified electors of the said City
of st. Johns; and
Whereas, il appeared that the said
Of issuing municipal bonds,
so submitted 10 the electors of said
City of ST. Johns, received more than
the necessary twO-thirds of the votes
of the electors voting thereon in ia,
yor of the issuance of said bonds
for the purpose stated in said notice
of said election, and that said electors
of the said City of St. Johns have
thereby favored, approved and author
ICED the ineurring of the debt neees-
STATED thereby and has authorized
the issuing and sale of bonds there.
fore as required by the Charter of
the City of st. Johns;
See, 2. Now, therefore, the City Of
st. Johns does Ordain as follows:
That the Mayor and the City Re
,order of the City of ST. Johns, for
and on behalf of the said City of st. |
Johns, are hereby directed, authorized |
and empowered 10 issue and dispose of |
bonds of the City Of st. Johns, Ore
yon, to the amount of s6,00O.OO in
denominations of $4,000 each, under /
he seal of the City of st. Johns, with
interest coupons attached thereto mum.
,ered eonseeutively; that said bonds /
hall bear date of March 2l, 1911, and |
hall run 10 years from date and bear
interest at the rate of not TO exceed /
per cent per annum, interest paya-
'le semi-annually from date of bonds,
10Th principal and interest payable in
United States Gold Coin at st. Johns,
)regon, said bonds and coupons shall
e signed by the Mayor and attested
" the Recorder of said City of ST.
ohns under the seal of the said City
( st. Johns, and the said bonds shall
ave attached thereto interest coupons
each semi-annual payment
interest and shall be made payable
} bearer.
Said bonds must be sold after al.
ertising the sale thereof in at least
ne local newspaper Of the City Of
{. Johns and one Eastern newspaper
avoted to financial matters. Sealed
ds only shall ha takan far aaid |