The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-10-25

for erecting a city ball and fire depart
ment building and acquiring grounds
therefore was duly and regularly snb-
mitted 10 the vote of the qualified
election of said city
? Ana whereas. at said election, more
than two thirds Of the said qualified
electors voting at said election by
ballot decided in favor Of said PROPOSE
ton
And whereas all acts. conditions and
things required to be done. happen or
bc performed precedent to and IN
borrowing the said forty thousand
dollars and issuing the said bonds of
said city therefore as hereafter proyid-
ed. have been done. have happened and
been performed
Resolved by the council of said city
that said SUM of forty thousand
dollars be forthwith borrowed on the
credit of said city. and that forty l4ol
bonds or said city be issued therefore.
for the purpose aforesaid. as follows (;
said bonds shall be of the d%enonina-
ton of one thousand dollars each, shall
be dated the first day OF September, A..
ID. 1918. shall bear interest at the rate
OF hive per centum per annun payable
semi ANNUALLY on the first day OF June
and the first day OF Decem Der in each
year according 10 coupons to be attach
ed to said bonds. shall be payable, as
to both principal and interest, at the
Office OF the city treasurer OF said city
and shall mature as follows two OF
said one thouasnd dollar bond on the
first ay OF September, A. ID. 1918 and
two OF said one Thousand dollars bonds
on the first day of September A. d..
1916 and two OF said one thousand
dollar bonds on the first day OF Sept
ember A. ID. 1917 and two Of said one
thousand dollar bonds on the first day
of September A. ID. 1918, an two of
said one thousand dollars bonds on the
first day of September A. ID, 1919 and
two OF said one thousand dollar bonds
on the first day of September A. d..
1920 and two of said one thousand
dollar bonds on the first day of Sept
ember A. ID. 1921 and two of said one
thousand dollar bonds on the first day
Of September A. ID. 1922, and two
of said one thousand dollar bonds on
the first day of September A. ID. 1898
and two of said one thousand dollar
bonds on the first day Of September
A. ID. 1924 and two of said one thou
sand dollar bonds on the first day OF
September A. ID. 1925 and two OF
said one thousand dollar bonds on the
first day of September A. ID. 1926 and
two of said one thousand dollar bonds
on the first day OF September A. ID.
1927 and two of said one thousanc
dollar bonds on the first day of Sept
ember A. ID. 1928 and two of said one
thousand dollar bonds on the first day
of September A. ID. 1929 aud two OF
said one thousand dollar bonds on the
utHt NnN VI oORAOhINCA n ~ AoDV nuu
two OF said one thousand dollar bonds
on the first day of September A. ID.
1891 and two OF said thousand
dollar bonds on the first day of Sept
mber A. ID. 1882 and two OF said one
thousand dollar bonds on the first day o
September A. ID. 1888 and two of said
N..a tEn.aow1 .folI.w ha..A, "a, a.. E..l
day OF Sept ember A. ID. 1884. Said
bonds shall be in the lawful form of a
binding, subsisting obligation of said
city, for the prompt payment OF both
principal and interest OF which ut the
respective times of maturity herein
fore provided. the full faith, credit
and resources Of said city shall. in said
bonds, be declared to be aud hereby is
irrevOcabiv pledged and said bonds and
the interest coupons to be attached
thereto. as herein before provided,
shall be signed bv the Mayor of said
city and countersigned by the city
clerk thereof and sealed with the cor
porate seal of SAID city.
ayes, Thos Penglase, M J Shields.
Sam Ronback. A. NJ Nelson. vaino.
Osterberg and J.. J. Gaffney. /
Resolution adopted.
There being M further business on
motion meeting adjourned.
w. J. Grihble
City Clerk