The Athena press. [volume] (Athena, Umatilla County, Or.) 18??-1942, 1914-11-13
400
Yes
A BILL

To propose by initiative petition Az
Act to amend An Act entitled "An
ACT to reinool porAte the City of Ath-
ena, in Umatilla county. State of Ore
gon, and to define the powers thereof
and to amend an act entitled "An
Act to incorporate the City of Athena.
in Umatilla County, State of Oregon,
and to define the powers thereof, and
to repeal an act entitled AN act to
inoor porate the City Of Athena, in
Umatilla County, Oregon, and 10 de-
fine the powers thereof" filed in the
office of the Secretary of State Feb
ruary lS, 1891, and all amendments
thereto, and to repeal all provisions
Of said act and amendments thereto
inconsistent with this aot," which
was filed with the Secretary of State
of the State of Oregon on January az,
1905. the same being the Charter of
the City of Athena, and to authorize
and empower said City to incur an
Indebtedness not exceeding SJ2, 900. 90,
in addition to all other Indebtedness
heretofore authorized. for the purpose
Of paying off and taking up the water
Eouds OF said City, which become due
ON January /, 1915, and to issue, sell
and dispose of negotiable bonds for
such Indebtedness, prescribing the
form Of such bonds and exempting them
from taxation, and declaring that none
of them nor any of the indebtedness
evidanced by them, shall be taken in.
to account in computing the hereto
fore authorized Indebtedness which
said City may incur.
Be it Enacted by the People of the
City Of Athena:
The People of the City of Athena do
OrdaIn as follows:
That the Charter of the City of
Athena, towit: An Act of the Legis.
lative Assembly of the State of Oregon
entitled can Act to reinoorporate the
City of Athena, in Umatilla County,
State Of Oregon, and to define the
powers thereof. and to amend an act
entitled "An act to incorporate the
City of Athena. in Umatilla County,
State of Oregon, and to define the
powers thereof, and to repeal an act
entitled An aGt to incorporate the
City Of Athena, In Umatilla County,
Oregon, and to define the powers
thereof, filed In the office of the Sec-
retary of State February IS, 1891, and
all amendments thereto. and to repeal
all provisions of said act aud amend
ments thereto inconsistent with this
act " which was filed with the Score
tsry OF State of the State Of Oregon,
on January ~, 1905 shall be amended
by adding thereto section to be num-
bered Section / A, which shall read as
follows:
Section I A. The City of Athena
shall have authority and power, and is
heretY authorized and empowered, to
incur an Indebtedness not exceeding
sl2, 1000, 90, in addition to all INDEBTED
ness heretofore authorized to be in
ourred by 1t. and to issue, sell and dis
pose Of negotiable bonds to evidence
such Indebtedness, for the purpose of
taking up and paying off the water
bonds of said Oity, which mature on
January |, 1915. The tonds issued
pursuant to this section shall he
known as "WATER BONDS, SERIES
B." shall have those words stamped,
printed or engraved thereon and shall
he mum mbered consecutively. commenc-
ing with number one, and shall ma
ture in twenty (20) years from their
date, shall bear interest at rate not
greater than six (6) per cent. per an
mum from their date, payable semi
annually, the interest to ba evidenced
by coupons attached to the bonds
None of such bonds shall be subject
or liable to any taxation, .aud none of
them or any indebtedness evidenced
by them, shall be taken into account
in computing the heretofore authorized
Indebtedness which said City OF Ath-
ena may iuour."
This notice is published pursuant to
order of the Common Council, the FIRST
publication hereof being made Nov
ember 9, 1914, B. b. RICHARDS,
Citv Reeorder