The Idaho Springs siftings-news. (Idaho Springs, Colo.) 1905-19??, 1915-12-24

statutes of Colorado. 1908. and ali laws
amendatory thereof and supplementary
thereto. and an ordinance of the coun-
ell of said city duly adopted prior to
the issuance OF this bond.
And it is hereby certified. recited and
warranted that said city has been for
many years past and Is now a body
powers of "A corporation. duly organ
ized. existing and operating as cay
under and by virtue of the constitution
and the general laws of the state: ana
is now and always has been under the
control of a duly organized city coun-
ell as the duly constituted corporate
authority thereof. that all things. acts
and conditions required by the consti-
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
of said city. including this bond. does
pot exceed amy constitutional or stat
utory limitation; and that due provi-
sion has been made for the levy. as
sessment and collection of a direct an
able property of said city, in addition
TO all other taxes. to create a fund suf
ficient to pay the interest accruius
upon this bond promptly when and as
the same becomes due and to estab-
lish sinking fund with which to dis
charge the principal hereof at maturity
The faith. credit and all of the tax
able property of said city are hereby
irrevocably pledged for the punctual
OF the principal of this bond, respec-
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 |, 4; ID. 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
V. 40
sealed with the corporate seal of said
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
| 1916.
lseap MAJOR.
Guy Treasurer.
city Clerk
| (Form of Coupon.j
ON January LIST, A. D. 10.
The CITY Of Idaho Springs, OF Clear
| ceived, will pay to the bearer hereof
the sum of twelve and 5o1co dollars
IA a,, gold coin Of the United states OF
| 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 l, A. u. 1916 No......,..
city Treasurer.
| section 4. That each of the bonds
hereby authorized shah be signed by
| the mayor count signed by the treas
| urer. sealed with the corporate seal of
said city, which seal shall be impressed
| said city; that each of the 30 interest
| coupons to be attached to each OF said
| bonds shall be executed by the en-,
| eraved facsimile signature of SAID
| treasurer, and the officers in this para
| graph mentioned are hereby author
lied ordered and directed to cause said
| 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
said bonds are. delivered to the pur-
| chasers thereof. they shall be regis
tered by the city, clerk in public
record book kept for that purpose in
his office, which shall show that said
| amount of each bond it's number, date
of issuance, time and place of payment,
coupons attached. name and postoffice
address OF the purchaser and proper
description thereof for future identifi-
| cation.
Section s.. That the interest falling
due on said bonds on the LIST day OF
| July, A. ID. 1916, and Oh the first days
|
and the same is hereby appropriated
and ordered paid out of the general or
purpose of providing the necessary
| funds to reimburse said general or uX-
pense fund and to pay the interest ae-
and as the same fails fails, due and to con.
snffcien and mantsn sinking fund
thereof at maturity. there shall be and
| by, this ordinance there is hereby lev
tad II
| said city, in addition to all other taxes,
| the following direct annual ad valorem
In the year 1916 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:
both inclusive, tax sufficient to pro-
duce the net sum of $4,000 in each year
being $500 for interest and. $4,000 for
in the year 1929 tax sufficient to
produce the net sum of $3.50 in said
year. being $3.50 for interest and $4,000
for principal;
| and said tax when collected shall by
the city treasurer be kept in a separate
fund to be designated Water Works
and sinking fund" which shall be ir
for the payment OF the interest ac-
cruing on and the principal of the said
bonds hereby authorized when due.
long any of said bonds or the inter
est coupons thereto appertaining re-
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
trct purposes for said county for such
year are certified. extended and col
lected.
Section 6. That on the 18th days of
June and December, respectively in
each year hereafter. 80 long as any of