The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-02-14

HEaoft-rtog and PROPOSITIONS
b Hussnt krtiris TX . the Ci'y 'hAft"f
yf - ciig q assttls ~ addinE ihsfg', q
ssss tssrilar 90 he hnaau a. reriisa
.faikfins 90 the insssffmsut ~ rlty fuHas
ard Submitting such pfetreard amend
meat 90 the qualified electors ~ f"e -
- ne general muhleipai election 20 ts
nr III RESOLVED ny tue CITY
cDUNCli. or THE CITY or hEAt-
So Ar,ieie TX - ths city Charter le
.AtasfIsed 30 addlnr thrrrtn a mes 80 e
ia - tnapn 80 section - which s"+ii
read - fgiipss
tssh ga hand hsianEiug 20 ihe fitf -
seattle turiaslnr deposits Ia rr ~lia
hat.ks exceeds rurh slfn - 70 FeaHpn ihlf
.afflf8rnt 90 msrt al fhs current -
fsssssa. and obiiFaftara ~ the rttY aui e
its funds dlstricts ana o. tn'snta -
tissg assfue. ths efiF ta Amfhnftf1h 10 th
t.sss temporarily the excess above 80 =
80 s.anaAfr saffirIsaf suea tn ihs taifi
eifr utuitp end general iondr and ~ar
rants - iho rifr % - ie fanda ori.sft
meats ur special assrssineht aisifl,Ns ~
naf 60 rfrrrt per ard SERVED tufrfcaf
Ast-h bonds uf warrants NAV Do 90 In
vested in after they have bsrn eNsruiei
either before 90 after the4 haf" hfFn
issatsd % Huld ~ the city Such ln1 rs +
naeut stall not operate 10 par. esnr~l y
annuI any nahd ~ warrant % int rair3
fn 20 Go impair go Validity. bat the ritf
saau hs tesrnef in go tsspe-, - inc '"sai
DE- rr = surh bond cr warrant
garh rash may alec hs lnsesi "a In bonds
e the state % WaahinEion. ~ ~ NE
rafntlrs rlflss or O. hnnI districts ~ the
state - Waahlustun. % d. the bonds nf
.tna fsnifrh states Any bonds % uHf
rant. o. invested IN may ?" fu0a Ter cash
a not lees than par end accrued inter
-s'. De- aroerdsncs wtth laws ana "tN
nahrrs presiding for the Issuance SO rafe
20 bsuds and the proceeds shall Do placed
in she eify treasury
f-ram surh rrress - cash on hard real
HH.a Ha .aH
asisna gent special aasrssfnen's NAV tc
isafrhasr.f ard tho rifg H authorized 60
- tha firsf person ~ said nHie nftrfluE
A. nav the amount due an each iof. tract
- rsarral % land OF other property sold
aesssfdfnE 10 the statute tn such raHe pro
vided The reai property - acquired may
= cid fut Gosh. and The proceeds o. 1ll
- placed iu the cltT treasury m of
fk.f snrh rsrras % raah on hand may Re
i,.s Gated in bonds ~ warrants ga ~ able in
sstlols ~ % part from local lmpf oven .nt
ssssaaed valuation 81 the property as-
rssasf 90 paY Tor such Improvement or
condemnation ehHN. al ihe time % the
rarrnhar ~ the city ~ such bonds -
arsrh Improvement pr Condemnation add-d
IA an outstanding special asarHEfu 0ptE
r., "a against said property
except whcfc in.ons,slsni win statute .,
ra-t, fs. -starnfH rhaU belong 20 tho cit5
a. q part % ita Eeueral fund. aud such
fand shau bear all LOSSES that may re-
-Jit FROM such Investments
me amount OF working capital IA the
fsy., 81 cash or hand reasonably nec0H
enrv to meet an current expenses an 2
ohiiSatluus shall be a7eertained and de
terminea from ume 90 iifne iY city Sr-
tt,.e@r tho duties q making man
ariur and disposing ~ said iutcriwr nts
rhslf 10 performed hg tho Finance Com
...,..I - the CITY Council. unless the
s..rtr,orr 81 such duties Be- otherwise
provided ~ city ordinance Rules reEu-
tstfas the performance - said duties
80 afso 30 provided by ordinance. ~
t. varraufa and al documentary
..tnrnera q little or rights 90 Invested
in shsii be On tho Gust ody Or the CITY
s.,r,ptfsiIer. Who shail be liable FOR the
.efs keeping thereof
r,1sidcd in the event tho electors %
~ sac .hau direct the creation and CO.
.t.tff-Hfnent Of municipal banking and
truat department IN the treasury depart
s.,.ttf.ra herein authorized shall. in 30
~. a. thrv are NOT required by law 90 ne
-, formed hy other departments 81 the
~. - a part % the dutlos nud fuHr-
49, and shall DO performed In and
through said banking and trust depart
i'e hSn re 1T FURTHER RESOLVED
.h@t surh amendment he submitted 60
~ a,,afifisd electors 81 the clti fog their
tNgatinn or rejection az tho next gen
- t,,untripal election 90 he held tu the
N3gv n seattle on tho an day % March,
'tt.....a the city Council tho 3oth day q
r,.i.s,f+fer 1919. and signed by me in
80, s.sslon In authorization ~ H. pas
ago thla seth day - becsn6er. lsl
president - tho CITY Council
u " CARROLL.
x.sf-smntroiler and OK -offlcio City clerk
fsaaa OF first publication January sist.