Ashland tidings. [volume] (Ashland, Or.) 1876-1919, 1912-12-12
NOTICE OF A SPECIAL CITY
ELECTION.
Recorders Office

NOllce Is hereby gwen that on the
18Th day Of Novem Der, 1912. an in
itiative petition was regularly filed
with the City Recorder Of Ashland
Oregon, demanding that there be
submitted 70 the legal voters Of said
city, for their approval or rejection
the hereinbelow proposed ordinance.
after the recorder had duly verified
the number and genuineness Of the
signatures 70 said petition and found
the same 10 be in proper form and
TO contain more than fifteen per cent
Of the vote cast for mayor at the city
election held Decemb Der 10th, 1910.
said petition was duly presented 10
the common council of the City Of
Ashland, Oregon, al a regular meet
ing held on the 18th day Of Novem-
Der. 1912. and there was then duly
passed q resolution in pursuance Of
said Initiative Petition and call. and
in pursuance of the ordinances Of the
City Of Ashland and the General
Laws Of the State Of Oregon, where
by said City Council did By a unan-
imoug vote, with the approval of the
mayor. call a special city election 10
be held on the 18th day of Decem-
Der, 1912, for the purpose of submit
ting TO the legal voters Of the City
Of Ashland, Oregon, for their ap-
proval or rejection, on the 18th day
of December, 1912, the hereinbelow
proposed ordinance.
And notice is further given in pur-
suance Of the foregoing premises that
a special election will be held for the
purpose Of submitting TO the legal
voters of the City of Ashland, for
their approval or rejection, on the
18th day of December 1912, the fol-
lowing proposed ordinance:
City Ordinance No......
An ordinance providing for the is
suance OF Fire Protection Bonds, OF
the City of Ashland, Jackson County,
( Oregon, TO the amount of Six Thou
sand Dollars 100000.
The People of the City OF Ashland
DO Ordain as Follows:
Section l. That there are hereby
/ authorized to be issued the bonds
OF the City of Ashland to the amount
Of Six Thousand Dollars Cs6,0O0.OO)
which said bonds shall be dated the
! 1st day of January, 1913, and be
in the denomination of Five Hundred
Dollars ($j0O.0O), and shall be
known as Fire Protection Bonds, and
be numbered from 744 to 1856, both
inclusive. Said bonds shall be
signed by the Mayor and Counter.
signed by the Recorder, and shall
bear interest, evidenced by coupons
attached thereto, at the rate of si1
per cent (6%) per anrum, payable
semi-annually, and both principal
and interest shall be made payable
at the City Treasurer's office of the
City of Ashland, Oregon.
Sec. 2. That the Common Council
shall sell said bends, or so much
thereof as may be necessary, at the
highest price obtainable, but for no
less than par and accrued interest
for the purpose of providing none!
to pay for one auto fire truck, fully
equipped with all necessary fire ap
pliances belonging thereto, including
Five Hundred 5000 Feet of fire
hose.
Sec. 3. That such fire protection
bonds shall mature in ten years
from the date thereof, but shall bt
redeemable at the office of th'
Treasurer of said city, at the optioI
of the City of Ashland, upon the pay
ment of the face value thereof, will
accrued interest to date of payment
at any semi-annual coupon period, a
or after one year from the date there
of, and notice stating that certain
bonds are to be taken up and can
celled, and that the interest thereon
shall cease at the interest paymen
period next following, shall be pub
lished in newspaper, printed ant
published and of general circulation
in Jackson County, Oregon, not les
than three times during the montl
preceding said semi-annual period
and after the said semi-annual perioC
interest upon the bonds designated il
said notice shall cease.
Sec 4. The bonds hereby author
lied shall be registered respectively
by number and denomination of eacl
in the Bond Register kept by the Re
corder of said city, and said bond
shall be in substantially the follow
ing form:
UNITED STATES OF AMERICA
STATE OF OREGON, CITY OF
ASHLAND,
FIRE PROTECTION BOND.
No. ........ $4,000
Know All Men by These Presents
That the City of Ashland, in tn
County of Jackson, State of Oregon
for value received, hereby agrees an
promises to pay the bearer the sur
, of Five Hundred ($500.00) Dollar
in gold coin of the United States o
America, on the presentation an
surrender of this obligation on tn
1st day of January, 1928, withou
J grace, with interest thereon from tn
date hereof until redeemable at tn
rate of six per cent per annum, pay
able semi-annually in like coin O.
the 1st day Of July and the 1st day o
= January in each year, on the presen
, tation and surrender of the prope
coupon hereto annexed. Principe