Lincoln County times. (Jerome, Idaho) 1911-1919, 1911-11-02

s'e1At UtifDl ttTliiN illAI Iit
within bond has been duly registered in
the public registration book kept for that
purpose in my office, a., and in the man
ner required 10y law, this day OF
SEAL Village Clerk.
Sec. 3. That each OF said bonds shall
be signed by the Chairman OF the Board
OF Trustees, countersigned by the Village
Treasurer, attested by the Village Clerk,
and the corporate seal OF said village i'm
pressed thereon, and each of said inter
est coupons shall ne signed by the Treas
urer OF said village; and said officers are
hereby authorized and directed to cause
to be prepared said bonds and coupons
substantially in the forms, respectively,
herenabove set forth, and to execute the
same Tor and ON hchali OF said village, as
and IN the manner aforesaid. After
their execution said bonds shall be regis
tered 10y the village clerk in the public
registration book kept Tor that purpose
IN his Office, together with a statement
of the number, date, amount OF each
bond, time and place OF payment, rate
~ interest, number OF coupons attached.
and any other proper description thereof
Tor future Identification; and after such
registration said bonds shall be delivered
to the village treasurer, to be by him de-
llvered to tine purchasers mentioned i'm
the preamble hereof, upon the PAYMENT
Of the purchase price thereof The pro-
ceeds derived from such sale shall be
placed in a special fund and used solely
Tor the purpose herein above set forth.
Section 4. That for the purpose Of
meeting the interest on said bonds
promptly when and as the same falls due
and also to constitute and maintain a
sinking fund Tor the payment of the
principal OF said bonds at maturity, there
shall be and there is hereby levied on all
OF the taxable property within said viii
lage, IN addition TO all other taxes, the
following direct annual tax, to-wit:
For each Of the years 1911 to 1880 both
inclusive, tax sufficient to produce the
net sum OF 81, 10000, being 100000 for
interest and $4,000 for principal.
Said annual tax shall in each of said
years be certified to the county tax col
lector and extended on the tax rolls and
collected by the same officers, i'm the
same manner, and at the same time as
the taxes for general village purposes for
said village are certified, extended and
coilected III sucn year; and the funds
derived therefrom shall be placed in
separate fund, TO be designated, Park
Improvement Bonds OF 1911 Sinking
Fund" Warrant Redemption Bonds OF
1911 Sinking Fund.-" and Street I'm
provement Bonds OF 1911 Sinking Fund"
respectively which shall be irrevocably
pledged to and used solely for the pay
ment OF the interest on and principal of
the bonds hereby authorized when and
as the same become due, so long as any
OF said bonds or the interest coupons
thereto appertaining remain outstanding
and unpaid and in each of the said years
lSl to 1880, both inclusive, the amount
herlnabove mentioned to be raised for
such year shall be included in the an
nual appropriation bill for that year.
Section 5. That all ordinances or res
olutions, or parts thereof, in conflict with
the provisions OF this ordinance, be and
the same are hereby repealed; provided.
however, that the tax levy provisions in
Ordinance No. 32, passed by the Chair
man and Board of Trustees of said vii |
lage on August 10Th, A. ID. 1911, be and
the same are hereby ratified, approved !