The record. [volume] (St. Maries, Idaho) 1913-1918, 1915-01-15

their date until paid at the rate
Of six co. per centum per an
mum, payable semi-annually on
the first days of January and
July, respectively, in each year,
both principal thereof and inter
est thereon payable at the Nation
al Bank of Commerce, in the city
and state of New York, u. S. A.,
to provide funds for the pur-
pose of improving certain streets
and avenues as and in the man
per designated in Ordinance No.
1874 of said city.
Section 2. That for the pur-
pose Of improving the said streets
and avenues by virtue of and in
pursuance of chapter ~ of title
i3 of the revised codes of Idaho
and the amendments thereto,
there shall be and there are here
by authorized, ordered and direct
ed to be issued and delivered to
the lawful purchaser, as and in
the manner hereinafter provided,
the municipal coupon bonds of
said city to an amount aggregat-
ing the principal sum of 10000;
that said bonds shall be known as
and designated Municipal Cou-
pom Bonds" shall be 10 in num-
Der, numbered consecutively from
TO 10, both numbers inclusive,
of the denomination of $1,000
each: shall bear date of October
4, A. ID. 1914, and become abso-
lutely due and payable October 1,
A. d. 1884, but shall be redeem
able, in numerical order, on or
after October 1, A. d. 1924, at the
option of said city; that said
bonds shall bear interest from
their date until paid at the rate
Of six CO. per centum per annum,
payable semi-annually on the
first days of January and July,
respectively, in each year, which
installments of interest to date
OF maturity of principal shall be
evidenced by appropriate coupons
attached to each bond, and both
the interest accruing on and the
principal of said bonds shall be
payable in lawful money of the
United States of America, at the
National Bank of Commerce, in
the city and state of New York,
U. S. A.
Section 3. That each of said
bonds and each of the interest
coupons to be thereto attached
shall be in substantially the fol-
lowing forms, respectively, to-
wit:
(Form of Bond
UNITED STATES OF AMERICA
STATE OF IDAHO
COUNTY OF KOOTENAI
Municipal Coupon Bond
No. of the $1,000
City of st. Maries
KNOW ALL MEN BY THESE
PRESENTS, that the city of st.
Maries, in the county of Kootenai,
in the state of Idaho, acknow-
Lodges itself to owe and for val
ne received hereby promises to
pay to or bearer,
the principal sum of One thou
sand dollars on October first, A..
ID. 1884, together with interest
on said sum from the date here
of until paid at the rate of six
per centum per annum, payable
semi-annually on the first days
of January and July, respective
ly, in each year, as evidenced by
and upon the presentation and
surrender of the interest coupons
hereto attached as they severally
become due; and both the sain in
terest on and principal of this
bond are hereby made payable in
lawful money of the United States
of America, at the National
Bank Of Commerce, in the city
and state Of New York, U. S. A. ;
and for the prompt payment of
said principal AMI interest at
maturity, the full faith, credit,
resources and all the taxable
property of said city are hereby
irrevOcably pledged.
This bond is issued by said
city for the purpose of providing
funds for improving streets and
avenues in and for said city, pur-
suant to a vote of enc duly quail
fled electors who we're taxpayers
of said city present and voting
upon the question at a special
election lawfully called and duly
held therein for the purpose prior
to the issuance of this bond, at
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