The Kendrick gazette. [volume] (Kendrick, Idaho) 1892-1968, 1917-03-30

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Treasurer of said Village, at the
option of the holder of said bonds.
Section 2. j. That there shall be
five of such bonds in the principal
sum of one thousand dollars each.
making total bond issue of five
thousand dollars, and the same
shall be known as negotiable num-
icipal coupon bonds of the Village
of Kendrick, in Latah County, State
of Idaho; that each of such bonds
shall be made payable twenty years
from the date of issuance. and shall
be redeemable at the pleasure of
said Village at any time after the
expiration of ten years from the
date of issuance; that such bonds
shall be numbered consecutively in
the order of their issuance, and
each bond shall state on its face
the amount for which same is issued
and the date of issuance, and shall
be made payable to the purchaser
(whose name shall be designated
therein) or bearer, and each bond
shall recite that it is issued in con-
formity with Chapter IL Of Title 13
of the Political Code of Idaho las
amended by laws of 1909, page TIA,
and as further amended by laws of
1911, Chapter 3O.)
Section 8. There shall be attach
ed to each of said bonds when nego-
tiated semi-annual interest coupons
covering the interest expressed in
the bond from the date of issuance
until paid.
Section 4. That such bonds shall
be signed by the Chairman of the
Board of Trustees and attested by
the Village Clerk and be counter
signed by the Village Treasurer and
bear the seal of the said Village of
Kendrick; that each coupon attach
ed to said bond shall have annexed
to the same number correspond
ing to the number of the bond and
be signed by the Treasurer of said
Village.
Section 5. That the purpose of
such bond issue is to provide funds
to purchase the system of water
works owned and operated by the
Kendrick Water and Power Com
pany, Limited, in the said Village
of Kendrick, under and by virtue
of authority given and granted by
subdivision No. l of Section 2315
of the Political Code of Idaho, as
amended by an act of the Legisla-
ture Of the State Of Idaho, approved
March Is, 1909 laws 1909 page
l74,) and as further amended by
an act of the Legislature Of the
State of Idaho, approved March 8.
1911 laws 1911, Chapter 30)
that the proceeds from the sale of
such bonds shall be used exclusively
for the purpose for which such
bonds are issued.
Section 6. That the Clerk of
said Village be, and he hereby is d.
rected to give notice of the time
and place and purpose of such cleo
tion, and cause said Notice to be
published in the Kendrick Gazette
weekly newspaper of general cir
culation printed and published in
the said Village of Kendrick; that
said notice shall be published in
each issue of said paper for at least
80 days before the time in this or
dinance fixed for such election
that such election shall be conducted
as other general elections held in
said Village, and the Judges of
Election appointed by the Trustees
of the Village Of Kendrick be and
they hereby are designated as the
Judges to conduct the special cleo.
ton herein provided.
Section T.. That such election
shall be held in the Council Room
of the City Hall Building. situate
on Lot 6 Block Ia, Original Town
of Kendrick. in said Village OF
Kendrick, Latah County. State OF
Idaho, and the polls shall open at
the hour of nine o'clock A. M. and
remain continuously open from that
time until seven O'Clock P. M. OF
said day.
Section 8. That the voting at
such election shall be by ballot
that the ballot to be used at such
election shall be in substantially
the following form, to-wit:
"OFFICIAL BOND ELECTION
BALLOT"
Especial Election held in the
Village of Kendrick, in Latah Coun.
ty, State of Idaho, on the Oath day
Of April, A. D. 1917.
Mark your ballot in the circle op.
posite your choice, thus (x)
In favor of issuing bonds to the
amount of Five Thousand Dollars,
L