The daily star-mirror. (Moscow, Idaho) 1911-1939, 1917-02-15

day of July in each year, after A. D
1917. until January first, 1927, which
} shall be evidenced by coupons for each
years interest of a proper form. and
attached to said bonds, which said
bonds shall be substantially in the
following form:
UNITED STATES
OF
AMERICA
NO.. $....
State of Idaho County of Latah
CITY OF MOSCOW
LOCAL IMPROVEMENT DISTRICT
No. 8
IMPROVEMENT BOND
KNOW ALL MEN BY THESE PRES
ENTS: That the City of Moscow, in
Latah County, Idaho, is indebted to,
and for value received hereby promises
to pay to, bearer
TWO HUNDRED DOLLARS
lawful money of the United States of
America. on the LIST day of January,
| 1917, with interest thereon from date,
| at the rate of six per cent per annum,
payable annually, commencing on the
| LIST day of July, 1918, and on the first
| day of July, in each year, until the
| last payment which shall mature Janu-
| airy LIST, 1927, on presentation and sur
| render of the annexed coupons, bear
| ing a fac-simile of the signature of
| the Mayor and Clerk of said City, as
| they severally become due. Both prin-
cipal and interest of this bond are
payable at the office of the Treasurer
of said City of Moscow, Idaho, and
are payable out of Local Improvement
Fund of Local Improvement District
No. created for the payment of the
costs and expenses for the construction
of improvements in said Local I'm
provement District No 8 and not other
wise
This Bond is one of a series of Bonds
of like date. tenor and effect, except as
to denomination and time of payment,
numbered consecutively from 1 to. -.
issued by the Mayor and Council of
the City of Moscow, Idaho, for the
purpose of paying the costs and ex-
penses of the Improvements in said
Local Improvement District No. pur
suant to Ordinance No. 40S duly and
regularly passed by the Mayor and
Council of said City, and published
on the 10th day of July, 1915, and
Ordinance No. 422 of said City. duly
and regularly passed by the Mayor and
Council of the said City. and pub
lished on the 10th day of March, 1916.
under and by authority of, and in ac-
cordance and full compliance with, the
general laws of the State of Idaho and
especially Section 1858 of Idaho Re-
vised Codes, as amended by the Legis-
lature of the State of Idaho, by act
approved March 10. 1911, the 18th
subdivision of which is as follows:
1.-THE holder of any bond issued I'M
DER the authority of this section shall
have no claim therefor against the
city or village by which the same is
issued, in any event, except from col
lection of the special assessment made
for the improvement for which said
bond was issued, but this remedy in
case of non-payment, shall be con-
fined to the enforcement of such as
sessment. A copy of this subdivision
shall be plainly written, printed or
engraved upon the face of each bond
SO issued"
And it is hereby certified, recited
and declared that all acts, conditions
and things required to be done pre-
cedent to and in the issuing of said
bonds have been properly done, have
happened and have been performed. in
regular and due form, as required by
law, and that said Indebtedness does
not exceed any statutory or constitu-
tional limitation.
For the collection of the assess
ments levied in said Local Improve
ment District No. 8, the City of Mos
cow, County of Latah, State of Idaho,
hereby pledges itself to use its best
and energies.
IN TESTIMONY WHEREOF, We,
the undersigned, officers of the City
of Moscow, County of Latah, Idaho,
Icing duly authorized to execute this
Bond on behalf of said City, have
hereunto signed our names officially,
and caused to be affixed the Official
seal of the City of Moscow, as of the
LIST day of January. 1917.
mayor.
9CIeSL.
City Clerk
Countersigned: .............
Sec. 6. For the purpose of paying
such bonds and the interest thereon,
hat there be and hereby is levied a
ak and special assessment upon all
If the tracts and parcels of land in
:luded in Local Improvement District
No. 8 and described in the assessment
oil and this ordinance for the i'm
)rovements in such district, and upon
md against each tract and parcel of
and in such district, for its proper
tomato share of the cost and expense
incurred for the construction of such
as provided in Ordin-
nee No. 422 for and in the amount
pecified in the assessment roll, now
IN file in the office of the Clerk of
he City OF Moscow and in this Or
finance, for such improvements, up
n and against each tract and parcel
f land described in such assessment
oil. and for the amount of the as
essment against and upon each of
UGH tracts and parcels of land as
herein and herein shown.
Sec. T. That said assessments may
e collected by the Treasurer of the
ity of Moscow, or by him certified
} the Tax Collector of Latah County
II collection, at the same time that the
evy of taxes for general purposes of
he City of Moscow are certified to
UGH Tax Collector
Sec. g. The Mayor and Clerk of the
ity of Moscow are hereby authorized.
10