Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1915-01-15
ORDINANCE NO. Go.

An ordinance providing the form of
Eighteen Thousand Dollars (S13o0O)
municipal bonds for the Village of Sho-
shone, and providing for the levy and
collection Of an annual tax sufficient
tc pay the interest on said bonds ard
the principal thereof.
WHEREAS. in accordance with Or
dinance No c.. of the Village Of Sho-
shone, adop ell and approved July 9Th
y d 1917, the question of issuing lnu-
nicipal CO upon bonds Of the said vii
lage Of Shoshone in the amount Of
$4,000 Tor the purpose Of purchasing
a w2tesworks system and franchise in
the Village of shoshone owned by the
Great Shoshone & Twin Falls Water
Power Company. and for the purpose
of charging and extending said sys-
t,ra, was regularly Submitted 10 the
qualified taxpayers, and,
WHEREAS, the Village of Shoshone
voted on said question at the election
held on Tuesday, the 18th day Of Aug
ust, y. d. 1914, and,
WHEREAS, at said election 81 votes
were cast in favor of and Eve votes
We're cast against issuing bonds in the
amount and for the purpose aforesaid,
and
vy-trrprAc hv resolution Of the
r,oard - ,r,.,stoos adon+a1 Are,,e+
1-r% ID 1q14 r. vas determined
no soid ho',ds he iss,,ed II, the anoount
~ srQ ooo ,e ,foreeaid sbo,,ld he dated
H. r. n ra1f sbo,,l5 no ,,a,,sbIe
III IT, n ,a9s. radaeroabia az
49, +i,,,, aftor lin, 1st n 1924.
ma +ba+ the rri,1cir,al and interest Of
ia bords should no navab1e at the
ofrica If tho ,-il1ooa treasurer of Sho-
gl,oro o- - emo harl- in Vow york
Cify "a bo dasionated nv said BOARD
,,d
WHEREAS, pursuant to due notice
regularly given and duly published,
the said bonds have been awarded ana
sold to James n. Wright & company
Denver, Colorado at price OF not less
than par ana accrued interest ana t4le
said purchasers have requested thaI
said bonds be issued IN tne GenoiillIa-
tion bearing cate, payable ana re-
deemable as hereinafter set 1orth'
NOW THEREFORE, BE IT OR
DAMNED by the Chairman ana Board
oi Trustees Of the Village Of ShOshOne:
eo.+ion That the bonds Of the
,-;lll,,. ~ ebosbo.,e in tho county and
st,[o sfo,.s.fd bo issued i'm The
aroo,,n+ of st2oaO consisting of thirty
civ ,9a bords i'm fine denomination
~ s5eo each nqvahre i'm lawful money
of he Irnitad Sfaies of America. and
bearin., interest from and after the
f,.s+ 1a, If January A ID. 1915. at the
rate If six NJ, nAr centum per annurn.
,,,,-atI, eanof-annuallv on the 1st dav
If r,l,, and the Isl dav Of January in
aasI, ,,aar and evidenced bv commons
s+tached 70 said bonds said bonds
en- he numbered in REGULAR and con-
-ao',,ti-.a or(Ia,. cor,,,,ercina with num-
I,e,,. o,,e ~ sbau he redeenabIe after
per -, cue Ne ~ 80 S,'''t n to95 md shall he
ahsoIn+eIv due and pavable January
LEI n 1g35. said bonds shall have
ottacbad thereto forty (40) COUPONS
eoct ,.anrasentino, one-haIf wears in
+areet and said bonds and coupons
attached thereto shall be pavable at
+be ofice of the village treasurer of
tbe viIIaga of Sbosbone. in the county
ond e+a+e aforesaid or at the banking
of BTOtnerS
Of Now york at the option of the
holder Said bonds shall be signed
NV the chairman of the Board Of
TRUSTEES attested bv the Village Clerk
and conntersigned bv the Village
Treas urer and the coupons thereto at
+acbed shah hear the original or en-
graved fac-simile signature of the Viii
lace Treasurer.
section 2. The said bonds and cou-
Mons thereto attached shall be in sub
s+antiallv the following form:
Form of Bondl
UNITED STATES OF AMERICA
Stota of Idaho County of Lincoln
Waterworks Purchase Bond
of the
Village of Shoshone.
M $4,000
The village of Shosbone. in the coun-
~. of lincoln and State of Idaho. for
,,a1,,a received 5cl5novledges itself in
dahted and hereby PROMISES to pay to