The Canon City record with which is consolidated the Canon City cannon., 1914-06-25

the judges OF said election, In rela-
tion to viaduct Improvement District
No. l OF Canon City. Colorado. be
and the same are hereby adopted.
ratified and confirmed.
Section ?. That. under ana in pur-
suance OF said law, entitled, An Act
to Provide for the Creation OF Dis
tricts to Be Benefited by Certain Pub
lie improvements. and of Bonded
Indebtedness for the Making Of said
improvements approved April 10th.
1891. and in full compliance there
with. II is hereby found and declared.
as hereinbefore recited: that the City
OF Canon City. acting on behalf Of
V'aduct Improvement District No. !.
of Canon City. Colorado, be and is
hereby authorized to issue bonds
numbered consecu'iveIy from one to
sixty. both inclusive. of the denomi-
nation at par of the principal sum
OF Five Hundred Dollars. each paya-
BILE in United States gold coin of the
present standard of weight and fine
ness. or its equivalent. In fifteen
years. from the date of Issuance
thereof. and redeemable in ten years.
Said bonds 10 be dated July LIST. 1914.
and bearing interest at the rate Of
six per cent. per annum. evidenced by
interest coupons. numbered conseeu.
lively from one TO thirty. both inclu-
slve. attached to each bond. payable
in like gold coin. OF the same stand
ard. semi-annually. on the first day
OF January and the first day OF July,
OF each year: both principal and In
terest to be payable at holders op-
tion. either nj the office OF the City
Treasurer in the City of Canon City.
aforesaid, or at the First National
Bank. In the City OF New York. out
OF the revenues to be derived from
the special tax provided for by said
act and authorized by the proceed
ings aforesaid. and the City Council
is hereby authorized and directed to
levy and assess annually. at the same
time that other city taxes are levied.
o special tax upon all of the lots or
lands situated within said viaduct
Improvement District No. I. of Can
on City. Colorado. in accordance
with the apportionment and assess.
ment made on the 2end day OF June.
A. ID. 1914. as aforesaid. In an amount
sufficient TO pay the interest on said
bonds to accrue during the next cal
endar year. together with the ex-
renses OF collecting the same; and.
at the expiration OF ten years next
after the issuing OF said bonds. and
annually thereafter. until the full
payment thereof. said Council shall
levy and assess an additional tax
in the manner AID upon the same
property as hereinbefore provided for
- F..s. Ia t.ssf
sufficient TO pay twenty per cent.
(20 per cent? OF the principal OF said
bonds. together with the expenses OF
collecting the same: and such special
taxes for the payment Of the interest
and principal shall be collected by
the County Treasurer OF Fremont
County. in the same manner and for
the same compensation as other city
taxes are collected. said taxes. when
so collected. shall be kept separate
and apart from other taxes. and shall
constitute a special fund for the pay
ment OF the principal and interest,
accruing on said bonds, and shall be
used for no other purpose.
Section g. Said bonds shall be de-
nominated Local Public Improve
ment Bond. for Improvement In Via
duct Improvement District No. I. Of
Canon City. Colorado" They shall be
signed by the mayor on behalf or the
City. with the corporate seal attached.
and duly attested by the City Clerk.
and the coupons thereof may be sign
ed by the engraved signature of the
Clerk of said City, which shall be
deemed and held to be OF the same
binding force and effect as II signed
by writing by the officer signing said
bonds. and shall be certified before
sale as duly registered in the office
of the County Clerk OF Fremont coun-
ty. Colorado. The form of such bonds
and coupons and certificates may be
substantially as fellows:
United States Of America.
State Of Colorado,
City Of Canon City.
Local Public Improvement Bond for
Improvement In viaduet Improve
ment District No I, Of Canon
Mo- City. Colorado. $500.
KNOW ALL MEN BY THESE
PRESENTS: That the City of Can
on City. In the County OF Fremont
and State OF Colorado. for value re-
ceived. promises to pay bearer. either
at the office OF the City Treasurer In
Canon City. Colorado. or at the First
National Bank. In the City OF New
York. at the holders option. on the
first day OF July, A ID. 1929. Five
Hundred Dollars. In United States
gold coin of the present standard Of
weight and fineness. or its equivalent,
with interest thereon at six per cent.
per annum, payable at the same place
semi-annually on the first days OF
January and July OF each year in like
gold coin OF same standard and value.
upon presentation. and surrender OF
the annexed coupons therefor
This bond is one OF series. OF sixty