The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1917-07-20

And Whereas, said three per cent
limit cannot be extended unless the
question has been submitted to q vote
OF n taxpayers affected thereby and
carried in the affirmative by 4 ma
such election.
And Whereas, it is required by law
that whenever the council Of any city
or town shall deem it necessary to
borrow money or contract indebted
ness under its power as set forth in
Subdivision GA of Section 1859 of the
Political Code of Montana, 1907, and
the amendments thereto, the question
os issuing such bonds or contracting
such indebtedness, shall first be SUBJ
mitted to the qualified electors Of such
city provided that taxpayers only as
defined by Sections 468 and 469 Of the
Political Code of Montana, 1907, shall
be entitled to vote on the question con-
corning the construction, purchase, or
securing of a water supply, water
system, water plant or sewerage sys-
tenn
Now, Therefore, Be 1t Ordained By
the Council of the City of Glasgow,
Montana:
Section l.. That a special election
shall be held, and it is hereby called to
be held, within and for the City of
Glasgow, Montana, on Monday, the
9Th day of August, 1917, for the pur-
pose Of submitting to the taxpayers
as defined by sections 468 and 469 of
the Political Code of Montana, 1907,
affected <horohv <ho rraS%;op
"Shall authority be given and power
conferred upon the Council Of the
City of Glasgow to increase the in
,debtedness of said city over and above
the three per cent limit provided by
law by the issuance:
First: Of water bonds of said city
in the sum of Twelve Thousand Eight
Hundred ($12,800.O O) Dollars, for the
purpose of procuring a water supply,
to-wit: charging and improving the
central pumping plant, so as to insure
a supply of water to the inhabitants
of said city sufficient in quantity and
certainty of delivery; and,
Second: Of sewer bonds of said
city in the sum of Six Thousand Seven
Hundred CSC, 7OO.O O) Dollars, for the
purpose of constructing a sewerage
system, to-wit: constructing and in
stalling a central sewerage pumping
unit in order to prevent sewerage
from backing up into the Easements
and cellars in said city during high
water periods;
Which said proposed additional in
debtedness in the sum of Nineteen
Thousand Five Hundred ($19, 10000
Dollars, including all indebtedness
heretofore contracted which is unpaid
or outstanding, for the construction
of a sewerage system, will not exceed
ten per centum over and above the
three per cent. heretofore referred to,
of the total assessed valuation of the
taxable property of said City of Glas-
gov, as ascertained by the last as
sessment for state and county taxes.
Section 2. That the proposed bonds
in the total sum of Nineteen Thousand
Five Hundred ($19, 5OO.OO) Dollars,
and the whole thereof, shall be pay
able in not to exceed twenty (2O)
years and ~redeemable at such time or
times As may be provided in the ordi-
nance directing their issue, and in
such name as may be provided by
law and the ordinance directing their
issue. Said bonds shall be in denomi-
nations of One Hundred ($1OO.0O)
Dollars each, or multiples thereof, and
shall bear interest at a rate not to
exceed six (6) per cent per annum,
payable semi-annually, and be in such
form as shall be prescribed by the
ordinance directing their issue.
Section 3. That following the pas
sage and approval and taking effect of
this ordinance the Council of the City
of Glasgow is hereby directed to
cause to be given, and the Mayor and
the City Clerk of said City are hereby
required to give notice that a special
election will be held within and for
said City of Glasgow, on Monday, the
9Th day of August, 1917, for the pur-
pose of submitting to the taxpayers
affected thereby the questions here
inbefore set forth. Said notice shall
be substantially in the following form:
"Notice Of special election to be held
within and for the City of Glasgow
on Monday, the 9Th day of August,
1917.
Notice is hereby given that a special
held within and for the City of Glas-
gov on Monday, the 9Th day of Aug
ust, 1917, for the purpose Of submit
ling " IHe a1IecLeu CnereDy
the question, "Shall authority be given
and power conferred upon the Council
of the City of Glasgow to increase the
Indebtedness of said city over and
above the three per cent limit provid-
ed by law, by the issuance:
First: Of water bonds of said city
in the sum of Twelve Thousand Eight
Hundred $12,800.0 0) Dollars, for the
purpose of procuring a water supply,