Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1913-06-06

f,r S,i1 y,.,i,l .ian,t,, ~ ol P ~, ''', '"
ard ,n '%l , 'un, anu oPPniSltr
mere shall Tao nrint.d q hli1 u|,,,. a'r',
ona-haIf Of an inrh IN So 'N vdit%i,,
which Inc yotar shall snacif,. bv n,o,l
ini, of a cross ,vhnth. ne ,!,t M s, :, ~,
..oafnst mo ,,n,,,a iti,t, u,,i.,I VI W
NV '''i''''io" Su"''''''cu
Sec. g. If at said special election to
b" held as provided for in this ord-
nance. a majority Of the voters in saii
city voting at said election and upou
aid proposition shall vote in favor OF
said proposition as set forth in sec
tion | of this ordinance. thereupon
construction of a water works plant bv
said city shall be and become adopted
by said city. But if majority of the
voters at said election upon said prom
ositiOn shall vote AGAINST the propoSi>
tinn set forth in section | of this ordj-
nance. said proposition shall not lie
adopted by said city. and this ordinance
shall be thenceforth nun and void AMI
if said proposition for the construction
Of said water works plant be adopted
as aforesaid then and in that event tn.
cost and expense thereof shall be paid
by the issuance of special bonds ONLY
payable out of the fund to be created
and established for the payment Of th,,
same as hereinafter set forth.
Soc : .rbo+ tbara a., o,a T., ,a,,
creatcd ana ae.ahTih n9 anu i - nelepS
,,ry of ,h ha' 30 Gi IN the treas
be called The cir az 1Iwmni, W. W., az
Works Eunds uibi}ob frnd '''b +. a 49,
and is to no drawn nav for 80 80,
nurnose Of Inc ala bnnd o' , ruu iu,
ana Interest," an mS ~ ~ T.. t,l'
issued under and hv wirt ne ~ this .e nrHi'
nancn fnr ~ a''u Ts Niiuue VI ,s'is oLui
fan ,h Tor the sole purpose of paving
ua, watar ri ~ VI iaiua, ,isnts 81
leges and nranertv nscessar,, pr .ha
construction nernetuaI ou,rash ~ ;o' ~
trnI ana io,,, nvi ;, o"netsnip, con
system. to be owned. Centralized and
operated by said city. and for the con-
struction Of the same. and also for the
cost and expense of the property, work
and material used in constructing.
works system. according to the plans
duly adopted by the voters of said CITY
as hereinbafore set forth And from
October LIST when the semi annual IN
stalments of interest of any bond be-
comes due the city treasurer shall set
ed from the water works system here
in provided to be constructed. owned
by, or which may hereafter be owned,
Guiding a fair charge for water used
by said city for municipal purposes. so
long as any obligations are outstand-
ing against said fund and pay to the
Fund so much OF said gross revenues
necessary to pay the interest accruing
1915 ana t 1n ostober list
s15,oOo.oO). per. year for the payment
OF principal and interest Of said bonds
a theso eG acb aHd b the
been paid and DISCHARGED, These
upon said gross revenues Of said water
WINS ssste"'
amount of one hundred and fifty thou
sand dollars &l5O.OO0.00) with interest
at SIX per cent. per annum. payable
semi annually on the LIST day of April
ana OCTOBER IN each year, out of said
City OF Olympia water works fund. in
terest and principal payable in New
YORK CITY at the fiscal agency Of the
State Of Washington therein. or at the
office Of the treasurer of and in the
city or Olympia, Washington. at the
option OF the holder thereof; said
bonds shall be dated October LIST, 1913.
and shall be in denominations Of one
thousand dollars ($1,000.00) each and
ume hunare1 ana nrty GbO) IN number,
hnm iroln 10 Ioo lnclusiveiy;
dn n, nay Se.n nne coupons aor tnlrty
ooliars xse'OO) attached SUFFICIENT to
cover cover their respective periods Of ma
.uuaity, anu snail mature serially In
a anelI numerical oroer on the following
,; al" III 'he ioiio"ins amounts
October l. 1917 $4,000 10. octoher
1918. $6,o0O.oo; October l. 1919. $1,000 90:
1oot aoo n n9..V' S..Ioo.oo; Cctober I,
a9H m ~CCovo ;' OIoUoer n,oo ISSl' w.
her / 1924 20 OoO a.. cctober 1ooy
100000; October 1, 1925, $4,000. 90:
October 1, 1927, $11,000.OO; October I,
1928, $1,000. 90; October L. 1929, S12.-
10000; October l. 1880. s13.OOOOO Oc-
tOber 1, 1881 Sl4. 900. 90: October
1882, 100000.
oaIa ponos snail be coupon bonds
G iEmeu ny tne mayor or the CITY OF
Ciyhpia, scared with the seal or said
cry ana attesteo by the city clerk:
ana the coupons snail be signed with
.ne the rae ,cu simile SIGNATURES OF said mayor
anu clerk: any OF said PONDS on pres
entatioh 10 the CITY clerk may be reg
i is.eIeu as 10 princlpal IN DOCKS to be
hept IN ms once ana sucn respiration
n3ted on the back OF said bonds after
whlcn the principal or said bonds shall
oe payapie only 10 sucn registered hold
er until AFTER registered transfer to
pearer; Such REGISTRATION shall not ar"
leSt the nesotlapiilty OF the coupons
"nlcn snail pass by delivery
Upon the back of said bonds shall he
printed copy of this ordinance and
OF chapter $50 of Laws of 1909, of the
State Of Washington. as amended by
chapter as of the Laws Of 1918 thereof
pursuant to which they are issued, and
the face of said bonds and coupons shall
be substantially in the following form,