The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-01-31

unrufA rtoW aaa rnuVuHiTiO$
- arnfHH hrfiHlr ~ - the fAtf Charter
- tns cIfs af seattle hf addinE thrf t1 Z
nfs sssrtinn So g. annwH ar hfrilga ~,
rtiaHns as mo lnt ssi r,snt ~ CIV faHis.
ala saAsnitilnE Fget efsprssa sfn"na
tfnf fa thr aashusa electors ~ ihe fitf
81 lhg ssuers mlni,ipei election ia 20
a. iT nrtoiveD HY THE err
tDrNnGL 90 riiE fGfr OF FEAH
si-.t z5re X a.ihs ciu charter 10
..4.rfsa 81 affina fharefs-s - -, li''.
f1 30 supHn 80 section 20 ~hirh rf--'s
section 10 whrastsr ihs auspari n
rast Qn hAaa eriaNrinE 60 enc 'i'F -
seaftie tnriudiua deposits IN ar sith
tafas rsrrssfs snrh sufn 80 be- reasonably
sIffftirrf 90 meet 81 fhn rurfrrf %.
pnHpaa SOD ahnrafieHs II thr riir end #
ICE funfs ABSTRACTS snh departments 80
fhrf aErfur eco rlIs ie sathurlard tn iu g.
tret teHunraftlf tire UHerst #fnrr aHr .
reasonably sHffriani sum in ihT fatii
rii afiuff snt senrrei tanfs ard aaff
ranfa ~ she atr nr n fs funhe drnsft
ulents 49, surrIai aasrasfrnnt aiHfrirfa et
uat 90 rr0sst 49, und srrrurd inisrrsi
aurh tnnhs be- aafranfs uaF b. - ir
raaied in after thrf have h~en executed
either before 90 after thrf have hnrn
ssusd or said b. the riif faeh intfs,-
mrnt shall not nisfaie tr BAY cancel ~
aunaf any hnnd - unrfant 30 Invested
in 10 e. impair ICE salidltl tui che rltr
shaN ha trFmsd in Ell respects fhe legal
safh essh mar aisa - inresisd in bonds
g thr afaf@ 20 washfuafna. nr q the
counties fltira ~ arhnHi districts ~ the
state - " ashias'@n. ~ =. the bnnds ~
faats 80 invested in may ~ sold faf rasf
AZ nai lees ihsn par and hrrferd inter
-. in accordance With iass and 81.
ranr-s urefltinF Tor ne issuanfF ~ kair
4 bands and ths proceeds shan BE- placed
in enc rfff treasury
Ffafu sarh errssa n cash on band real
pruprftf chen s4id according 90 Lars FOR
dslinaueut special asaenafasnts fnHY te|
uurrhas~f aua the ritf ts authorised col
b. Toe ffFi person - SAID sale gffsftns
OF parcel ~ lard ~ ether property aald
according go enc statute 10 Hurh case pro-
vIded The rial property - acquired may
~ aa'a Gar each. sna Tire rrnf n~fa sirai
b. placed in thr citY treasury Tn order
that surh rnrr - raah on hand MAJ %
Invested iu bonds m whrrantH uaVanic Ga
~hnis ~ in par from loral Improvement
districts or condemnation districts 80
asaasafd Fatuafinn ~ the rfnfsffV %
snssad fa uHf ftf aurh Improvement ~
condemnation shall nc enc timr ~ thr
pore haHH bf thr citf n euch bonds ~
rnsh trnprHfefurnt nr condemnation added
60 All oafaf indinr special assessments
leitrd against said property
Eseept whfre lnrnHHleicnf With statute
ru lnteresf ~ rrunt from any and an
such iut -sffneHts HhnN belong t1 ihe rifY
aa a rarf ~ tr genefAi Fund. and such
suW from such iuFrstmruta.
Tho amount - working capital IN the
form - rnah un hand reasonably nrc"H-
anrf 60 meet aA current eFf'rnsFs ani
.shIiratiaaa shall DO asccrtaired and de-
teftnIned from time 90 time hY ciiy Jr-
.HInanfr Thr duties ~ making. man
aaIur ard dirrnaiN4 NJ said Investments
shau ise performed ~ tho Finance Com
niutro ~ the city Council subject 20 abe
auurutal - the city Council. unless the
Performance ~ such duties D. ofhrrWl 90
provided hY CITY ordinance Rules reEu-
.iafiur tho performance % said duties
go, at.t be- provided tv ordinance All
hnnHa warrants and al documentary
evidences ~ ttie OF rights - invested
in shall he in the custody ~ the CITY
.rornptrnfiar who shall be liable Tor tho
srfn Keeping thereof
Provided ia tho event the electors ~
tho cts shall direct the creation ana 80
tahIishmsni - municipal banking and
trust department in tho treasury depart
mont al the city the requirements ana
functions herein authorized shall in %
far a. they are not required by lhW 90 De-
performed by other departments o. The
rftr b. a part ~ the duties and func-
,lons aud shall be performed In and
through said banking aud trust depart
raant .- . -.
mat such amendment 10 submitted 20
,hr qualified electors o. the city for their
ratification or rejection at the nest sen
eral municipal election 60 be held In the
city % Seattle on the 9TH day % March.
Passed the city Council the ioth day o.
December 1919. and signed by me In
open session IN authorization Of ~ pas
sage this soth day Of December. lgia
President Of the city Council
Filed the 5oth day q December 1912,
n. W. CARROLL.
city Comptroller ana ex-offioio city Clerk
pate OF first publication January sist.
inIl