The Idaho Springs siftings-news. (Idaho Springs, Colo.) 1905-19??, 1915-12-10

under and by virtue of the constitution
and the general laws of the state: and
rs now and always has been under the
control Of . duly organized city coun-
ell the duly constituted corporate
authority thereof: that all things. aots
tuition and laws Of the State of Colo
RADIO to exist and to happen and be
done and performed precedent to and
in the issuance of this bond. in order
to constitute the same the valid and
binding obligation of said city do ex-
list and have happened and been done
and performed in regular and due form
and time. that the total indebtedness
not exceed any constitutional or stat
utory Limitation. and that due provi-
sion has been made for the levy. as
sessment and collection of direct an
nual ad valorem tax on all of the tax
able property of said city. in addition
ficient to pay the interest accruins
upon this bond promptly when and as
the same becomes due and to cstab-
lish sinking fund with which to dis
charge the principal hereof at maturity.
The faith, credit and all of the tax
irrevocably pledged for the punctuai
payment of the interest and redemption
lively. as the same become due and are
payable as aforesaid
This bond is redeemable at the pleas
ure of said city at any time after Jan
uary l, A. b. 1926.
In testimony whereof, the city of
Idaho Springs. of Clear Greek Count.
Colorado. by its council, has caused this
bond to be signed by the mayor OF said
city countersgned by the treasurer,
sealed with the corporate seal of Sa id
city. and attested by the clerk thereof;
and each of the said attached thirty
interest coupons to be signed with the
engraved facsimile signature of said
treasurer, the LIST day of January. A. ID.
1916.
,seap ''''''''''''''''Ma MAYOR.
Countersigned:
City Treasurer.
city Clerk
(Form of Coupon.J
On J IAN Try, LIST, A. D. ~.
The City of Idaho Springs, OF Clear
ceived. viii pay to che bearer hereof
the sum of twelve and 5000 dollars
In gold coin of the United States of
America, of or equal to the present
standard of weight and fineness, at the
National Bank Of Commerce, in the
being six months interest then due on
its water works extension bond, dated
January /, A. d. 1916 No..,..
City Treasurer.
Section 4 That each of the bonds
hereby authorized shall be signed by
the mayor. counter signed by the treas
urer sealed with the corporate seal of
said city. which seal shall be impressed
thereon and attested by the clerk of
coupons to be attached to each of sad
bonds shall be executed by the en-,
treasurer and the officers in this para
graph mentioned are hereby author
bonds and coupons to be prepared sub
stantially in the forms, respectively.
hereinabove set forth and to execute
city. as and in the manner aforesaid;
and after their execution and before
chasers thereof, they shall be regis
tered by the city clerk in public
record book kept for that purpose in
bonds We're issued by said city. the
amount of each bond. its number. date
of issuance. time and place of payment,
rate OF interest; number OF interest
coupons attached. name and postoffIce
address of the purchaser and a proper
description thereof for future identifi-
cation.
Section s., Tha. the interest falling
due on said bonds on the LIST day OF
Of January and july. A. ID. 1917. be
and the same is hereby appropriated
expense fund Of said city and for = the
funds to reimburse said general or ex-
cruing on said bonds subsequent TO
July lst; A. D; 1911 ,, promptly. when
stitute and maintain a sinking fund
sufficient to discharge the principal
thereof at maturity; there shall be and
led upon all the taxable property in
said city. in addition to all other taxes,
the following direct annual ad vaiorem
In the year 1916 a tax sufficient to
produce the net sum of $3.50 being
for interest;
In each of the years 1917 to 1924
both inclusive "a tax sufficient to pro-
duce the net sum of $500 in each Year
being for interest;
In each of the years 1925 to 1928,
both inclusigs, tax sufficient to pro-
duce the net sum of $500 in each year,
being $500 for interest and $4,000 for
principal.
produce the net sum of s2.25o in said
year being $3.50 for interest and $1,000
for principal
and said tax when collected shall by
fund to be designated Water Works
Extension Bonds. series 1916-interest
and sinking fund" which shall be ir-
revocably pledged to and used solely
for the payment of the interest ac-
cruing on and the principal of the said
bonds hereby authorized when due so
long as any of said bonds or the inter
main outstanding and unpaid. and for
the greater certainty the city council
shall in each of said years 1916 to
1929. both inclusive. include the bond
tax hereinabove levied for such year in
the annual estimate for town purposes
for said year; and annually and at the
lawful time the said bond tax shall in
each of said years be certified to the
county treasurer of said county ex-
tended upon the tax rolls and collected
by the same officers. in the same man
ner. and at the same time as the taxes
for general city. county and school dis
trict purposes for said county for such
year are certified. extended and col
lie cted.
Section G. That on the 18th DAYS of
June and December, respectively. in
each year hereafter, long as any of
the interest coupons appertaininx to
the bonds hereby authorized to be is
sued remain outstanding and unpaid
the city treasurer shall and he is here
by ordered authorized and directed TO
remit out OF any moneys in his hands
belonging to said city. for the purposes
hereinbefore provided. in the form of
check or draft payable In New York