The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1913-05-27
PROPOSITION TWO.

PROPOSITION TWO.
The question 81 eanoeiink the authoh
sntian heretofore made 60 tho port
commission Tor tho Issuance ~ five
million dollars IN bonds % provide Tor
what is known as the tiarbor Island
ana Hafhor Island Supplemental ifn-
prnyemcnts embraced 70 propoaitlons
Noe 2 and T. adopted ~ the special
election held IN said port district on
March o. 1918. and in place ~ SAID
bond Issues - cancelled. authorizing
the port commission % borrow the sum
- three million dollars and issue bonds
therefor Tor the purpose 81 acquiring
such portions - tho tracts ~ land ~
ciuded IN Modified Unit SO. ~ tho
comprehensive scheme u hafhor I'm
Irovement Get forth in foHniuiinn No
ne. AZ the port commission may
deem % be necessary, ard Tor ihs con
Htrurtion upon said lands 30 % be
acquired. and also upon block tire"
hundred seventy-two, Seattle Toe
Lands. now owned ~ the port, ana
that portion ~ the south Canal Wetaf
way lying between Whhfcom Avenue
hnd Colorado Avenue - an ocean ana
railway terminal. including qunya and
slips. wharVea sheds. warehouses, colo
storage warehouse. grain elevator. car
ferry clip. passenger and freiEht ferry
across tho east waterway. gridirun,
small boat iandinrH. railroad tracks
dredging ~ the necessary channels and
slips and all accessories necssaarr o.
convenient far the efficient equipment
and operation ~ said ocean ana rail
way terminal. tha came 90 be known
as East waterway Improvement No :.
Said bonds shall - general serial bonds
~ the por - Seattle. IN such form
o. said port commission shall here.
after prescribe. - tho denomination 81
one thousand dollars each. numbered
enusecutiVeiy from ops 70 three
thausauh bearing interest az the rate
% tve per cent per apuum. payable
semi- annually. principal and interest
payable a. tho fiscal agency - the
state - washington IN tho city -
New York % hs dated 81 isrued. and
% b Issued IN such amounts and ~
such times a. the port commission
shan hereafter prescribe and shall
mature a. follows
Numbers 60 20. inclusive. ! year after
their date
Numbers ~ 70 81. Inclusive. : years afIsr
their date
NJ fntsra ~ % -. Inclusive. years afisf
their date
Nuniheru % 20 i1T. inclusive. years
after their date.
Numbers rs g isf. inclusive 9 year,
after thrir date
Numbers ftt 60 i't. Inclusive. years
after their cate
Members 10 20 go. ineiaavs. 7 yearr
otter their date
Numbers ~ 60 1Tt. Inclusive. years
after their date
Numbers ~ 60 ST. inclusive. years
after their date
Nufrhers as 10 $50 inclusive. 10 years
after their date
Numbers Egl 20 kAA inclusive. II yeATr
after their date
Numbers eos 20 $50. iueiusivs ~ year.
after their date
~, ...t..,. ast - AS trefusswn IL r@arn
after their date
Numbers asD to SIS. Inclusive. ~ years
after their date
Numbers SO 70 coo. inciussva 10 years
after their date
NJ NJ bnra col 10 80. inclusive. 10 years
anag their date
Numbers eos % 10. Inclusive. ~ year.
after their date.
Surnbsrs III 70 res. inclusive. - years
aftnT their date
Members n, 20 $40. inciursr> - years
after fhsir date
Numbers so 60 gs1. inclusive, 20 y@ars
after their date
Numbers 30 20 90. inclusive ~ yearp
after their date
Numbers 80 70 i5st. inclusive. - years
after their date
Numbers 1897 60 1907. Inclusive. - yeaFh
after their date
Numbers ioss 60 iiTi. Inclusive. - years
after their date
Numbers ira to i1U. inclusive. IS years
after their date
Numbers Ists 10 1888. inclusive. e years
after their date.
Numbers i13s 20 iui. inclusive. 81 years
after their date
Numbers itig 70 iass. inclusive. - years
after their date.
Numbers itss 90 1854. inclusive. - years
after their date
Numbers 1859 70 1881. inclusive. 70 years
after their date
Numbers issg 20 i7Ts. Inclusive, 81 years
after their date.
Numbers i77s 90 1879. inclusive. ~ years
after their date.
Numbers 1859 TO 1885. inclusive. IS years
after their date
Numbers 1859 90 soaa inclusive. 20 years
hftrr their date
Numbers $685. % s3os. inclusive. 20 years
after their date
Numbers Eios 20 ssss. inclusive. nc years
after their date
Members sss7 20 sac. inclusive, ~ years
after their date
Numbers st5o 20 1871. inclusive. So years
after their date.
Numbers gGTs TO $40. inclusive, 40 years
after their cate.
Number. AMI % $50 inclusive. 10 years
after their date
Numbers 1850 10 1903. inclusive. Al years
after their date
Numbers 1923 20 sooo. inclusive. 81 years
after their date
said bonds principal and interest. 20
be payable out u the net income from
said Improvement. and In case said net
Income shall not DO sufficient for that
purpose. tho remainder shall be pay
able out Of taxes levied upon tho
property In anid port district. Tho
details Of tho method of creating and
applying said net Income and taxes.
and % creating a proper and sufficient
fund FOR the payment Of the principal
and interest 81 said bonds they be-
come due, 60 be as hereafter prescribed
by said commission.