The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1914-05-21

WHEREAS the entire existing
Indebtedness of said Town, exclusive
of the Indebtedness of Municlpa
bonds heretofore voted and issued
for municipal owned water system
for said Town, which with moneys
| in that fund does not exceed the
five per cent of the assessa BILE
property allowed for that purpose.
nearly equals, but does not exceed
one and one-half per cent of the
value of the assessable property
within the Town of Lynden, Wash
ington, as ascertained by the last
assessment for state and County
purposes, and
WHEREAS the Town Council of
the Town of Lynden deem it ad-
visable that said Town shall Dor
row the sum of Ten Thousand $50.
100000 Dollars, and issue its ne
gotiable bonds therefor bearing
interest at a rate not to exceed six
per cent per annum. and to run for
- period not to exceed twenty years.
for the following Municipal purpose,
tO-wit:
For the purpose of making q
donation by the Town of Lynden.
of said sum so borrowed, for the
purpose of helping to pay for GER
tain Street intersections and cross
ings to be improved in said Town
of Lynden, by clearing, grading,
graveling, paving, curbing, draining
and doing such other work as may
be necessary in connection there
with, and to help build bridge on
West Main Street in said Town.
WHEREAS the Town Council has
no power or authority to borrow
said money and issue said bonds
there for. without the consent OF
three-fifths of the qualified electors
of said Town voting at an election
held for that purpose.
THEREFOR BE 1T ORDAINED
BY THE COUNCIL OF THE TOWN
OF LINDEN. WASHINGTON:
SECTION l.
That a special electin shall be
held in and for said Town on the
18th day of June 1914, for the pur-
pose of submitting to the qualified
electors thereof, the following ques-
ton, .to-wit:
Whether the said Town of Lyn-
den, Washington, shall borrow the
sum of Ten Thousand ($1O. OOO.OO)
Dollars, for the Municipal purpose
of making donation by the Town
of Lynden. of said sum. to help pay
for certain Street intersections and
crossings to be improved in said
Town of Lynden, by clearing. grad
;,n,- linz nlV
draining, and doing such other work
rs may be necessary in connection
Herewith, and to help build bridge
on West Main Street in said Town,
and issue it's negotiable bonds there
for, for the said sum of 1yn Thous-
and ($1O,OOO.OO Dollars. so Dor
rOwed, said bonds to bear interest
ut n rate not to exceed six per
cent per annum, and to run for
period of twenty years, and 10 be
liqnidated as they mature by moneys
derived from taxation upon he
property within the limits of said
Town of Lynden, Washington.
SECTION II.
The form of ballots to be used
in said election shall bn "Shall he
Town of Lynden. Washington, for
the Municipal purpose of making =
donation by the Town of Lynden.
of said sum-, TO help pay for certain
street intersections and crossings
to BIZ improved in sold Town Of
Lynden. by clearing, grading, gravel
ing. paving. curbing, draining, and
doing such other work IS may be
necessary in connection herewith.
and to help build a bridge on West
Main Street in said Town. borrow
the sum of Ten Thousand ($1O,0OO
Dollars, and issue it's negotiable
bonds therefor, to bear interest at
y rate not to exceed six per Gent
per anDum, and to run for q period
Of twenty years. said bonds to be
liquidated as they mature by moneys
derived from taxation upon the
property which shall be within The
limits of the Town of Lynden, Wash
ingtOn."
BONDS, YES.
BONDS, NO.