The river press. [volume] (Fort Benton, Mont.) 1880-current, 1914-02-25
Ordinance Number 20


An ordinance for the purpose of es-
~tablishing the form and denomina-
ton OF bonds to be sold by the City
of Fort Benton for the purpose of
creating a fund to construct a sew
erage system for the City of Fort
Benton.
Be it ordained by the City Council
of the City of Fort Benton:
Section 1. The qualified electors of
the City of Fort Benton having had
an election called for that purpose,
decided to sell Thirty three thousand
dollars of the bonds of said city for
the purpose of creating a fund with
which to construct a sewerage sys-
tenn for said city, the denomination
of said bonds is hereby declared to
be in the sum of Five hundred dollars
each.
Section 2. The form of said bonds
is hereby declared to be as follows:
Omitted States of America, State of
Montana
Number 500 Dollars
City of Fort Benton, City Sewer .
0oAA
Know All Men by These Presents,
That the City of Fort Benton, in the
County of Chouteau and State of Mon
tana, acknowledges itself to owe, and
for value received, hereby promises
to pay to bearer the sum of Five Hun
dred Dollars, on April 1, 1884, or at
any time before said date on or after
April 1, 1926, at the option of said
City, together with interest on said
sum from date thereof, until paid, at
the rate of 5h per centum per an
mum, payable semi-annually on the
first days of January and July in each
year, upon the presentation and sur
render Of the interest coupons here
to attached as they s~everally be-
come due. Both principal and inter-
est payable in lawful money of the
United States of America, at the Of
flee of the City Treasurer of Fort
Benton in Fort Benton, Montana, or,
at the option of the purchaser hereof,
and upon written notice to said Treas
urer, in New York City, New York, at
such bank in said City as shall be des-
ignated by said City Treasurer; and
for the prompt payment Of this bond,
with interest as aforesaid, at matur-
ity, the full faith, credit and resources
of said City of Fort Benton are here
by i~rrevocably pledged"
This bond is issued by said City of
Fort Benton for the purpose of pro-
viding funds with which to construct
a sewerage system at said City and
this bond is issued in accordance with
the election held in said City to de-
termine whether the bonds of said
city in the sum OF Thirty Three
Thousand Dollars should be sold for
the purpose of creating said fund,
which said election was determined
in favor of the sale of said bonds and
is issued pursuant to and in full com
pliance with the provisions of the
laws of the State of Montana.
And it is Hereby Certified and Re.
cited, That all acts, conditions and
things required by the constitution and
Laws of the State of Montana to be
done precedent to and in the issu'
ance of this bond have been properly
done, happened and been performed
in regular and due form and time as
required by law and that the total
Indebtedness of said City of Fort
Benton including this bond does not
exceeded any Constitutional or Statu'
tory limitation.
IN TESTIMONY WHEREOF, The
said City of Fort Benton has caused
its corporate seal to be hereto affixed
and this bond to be signed by its
Mayor and it's City Clerk, and the
coupons thereof in photographic or en-
graved fac-similes of the signatures
of said Mayor and City Clerk, which
lithographing or engraving is hereby
authorized and the date of this bond
to be registered by said City Clerk at
Fort Benton, Montana the first day
Of April, 1914.
AtteSt: CITY CIerk
Section 5. This ordinance is hereby
declared to be an emergency meas
ure and the same shall be and remain
. in effect from and after its passage
, and approval.
Passed and approved this 7th day
of February, 1914.
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