St. Johns review. (Saint Johns, Or.) 1904-current, 1911-08-18
St. Johns Furniture
Company
Cash or Credit"
ORDINANCE NO. 4l2
An Ordinance Adopting and
Prescribing the Form in
Which Improvement Bonds
OF the City OF st. Johns
Shall be Executed.

The city Of st. Johns does ordain as
follows:
Section I. That the Improvement
bonds oi the city of 81. Johns, authorized
by ordinance No. 5Sl, passed May 25
igtt. IN the amount OF S1o,ouo, number
rd cunsccutivcly from No. iSf 10 No
100 inclusive, and all other improvement
bonds to bc hereafter issued by the citl
of st. Iohns shall be IN the form aud
shall contain rccitals substantially as fol
lows
UNITED STATES or AMERICA
State of Oregon
County ol Mullnomah
Number 500 Dollar
CRY or ST. JouNs
Improvement Bond
Know all urn los these presents, That
the city oi ST. Johns, IN the county ol
Multuomnh, Sta,r Of Oregon, for value
received, hereby acknowledges itself ia
dcbtcd to aud promises To pay the bearer
the sum of
Five Hundred Dollars
Ia gold coin Of the United States ol
America on thr,,,,,,,,day oi .....,,,,
A. d., t9..., without grace, with inter.
est thereon from the date hereof until
the principal sum shall bc redeemed Al
the rate oi Six Per Cent per annum, pay
able semi,annually Ia like gold coin on
thc.,........ day of ,..,,.,,.,an the
.....,.,,,day oi,,.,,,... ot each year
as evidenced by and upon the surrender
OF the annexed coupons, as they several,
Is become due, provided that this bond
aud Others of the same series are re
dccmablc, In their numerical order
commencing will. No, I, at the option oi
the city of 81. Johns, at any interest pay
ing period at or after one year from the
date hereof, by publishing notice OF suel
redemption ia newspaper published
aud of general circulation in Multnomal
county, Oregon, for at least sixty daY'
prior thereto, aud by mailing copy oI
such notice 10 the banking house o
splitter, Rorick & Co., Toledo, Ohio
Both principal aud interest payable al
the office of the treasurer of the city OF
81. Johns, Oregon, or al the Fiscal Agen
~ of the state oi Oregon IN the city and
state oi New York, at the option OF the
holder thereof,
This bond is one of a series of bonds
of like date and tenor issued by the city
of 81. Johns under authority at and in
full compliance with the charter of the
city of 81. Johns, and amendment,
thereto, aud the laws aud constitution OF
the state of Oregon, aud IN pursuance oi
resolutions aud ordinances OF said city
duly passed, approved, recorded, authen'
ticated aud published as required by law
tot the purpose of pFucuTing the neees.
stry means to pay the cost and expense
of improving streets and laying OF sew
ers and is an obligation of the city OF 81,
Johns aforesaid, aud the faith aud credit
Of said city aud all the real and personal
property therein are hereby pledged for
the prompt payment of this bond aud IN
terest AT maturity,
And Il is hereby declared and certified
that an acts, conditions and things Ia be
done aud To exist precedent 10 aud IN
the issuance oi this bond have been
done, happened aud performed aud do
exist in regular and due time and form
as required by the laws aud the consti-
tuition of the state OF Oregon, aud that
this bond does not exceed any constiu-
tional or statutory limitation,
In witness whereof, the city oi 81,
Johns, by its council, has caused this
bond TO be signed by its mayor and coun-
tersigned by its recorder, and its corpor-
ate seal la he hereunto affixed aud the
interest coupons hereto attached To he
signed by its mayor and recorder, aud
this bond be dated the 100000, day oi
,,.,,,,.,,A, H., I9...,