Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-05-05

SECTI0N @ That the assessments hereby
levied against the above described lots. tracts
OF land and other property liable to assess.
ment shall bear interest from the date of
the passage of this ordinance at the rate of
seven per cent per annum, and both prln-
cipal and interest are hereby declared to be
a debt against the owners thereof. and are
q lien upon such property to the same extent
other taxes.
SECTION g. That the assessments hereby
levied against the above described lots tracts
of land and other property liable to assess
ment shall be payable in ten equal annual
inst ailments. the first OF such instaments
with interest TO that date on the whole as
scssment, shall be payable the first day
OF February, 1918, and one installment there
OF with interest on the whole amount re-
naming unpaid to that date, shall be payable
on the first day Of February each of the
years 1919 10 1927 inclusive; and the Mayor
and City Auditor are hereby authorized and
ordered to issue and deliver to the contractor
assignabe tax bills for said assessments and
coupons thereto attached for the amounts
a:iring each year. said amounts to become
due and payable at the office Of the Com.
missioner OF Finance and Revenue OF the
CITY of Tulsa, Oklahoma, on the first day
o. February each Of the years 1918 to 1927
inclusive, and said tax bills to be dated the
date OF the passage Of this Ordinance; and
there is also levied and assessed against
said property such an amount as shall be
necessary to pay reasonable attorneys fees.
whes there shall have been default in the
payment of said tax bills, or any Of them,
and attorneys fees have been incurred in
the making Of the collection, or any part
thereof together with costs and reasonable
expenses of collection. Default in the pay
ment OF any installment, or any part thereof,
or interest thereon. may at the option OF
stallments thereof for all purposes without
notice, and upon such default suit may be
commenced at once by the holder OF the tax
bill, either in his own name or IN the name
~ ha In lp
entire principal, accrued interest. attorneys
fees and costs. and for the sale Of the prop.
erty to satisfy the same, or upon such de-
fault said amounts may be certified to the
County Treasurer Of Tulsa County and en-
forced and collected as are other delinquent
taxes in the City OF Tulsa, Oklahoma. Pro-
vided, however, that the owner of said prop.
erty. his heirs, successors, or assigns, shall
have the privilege Of discharging the whole
amount assessed against said property, or
any installment thereof, upon the payment
to the proper officer OF the City at any time
before maturity, of the unpaid principal with
accrued interest.
SECTION l. That the Commissioner - Of
Finance and Revenue Of the City OF Tulsa,
Oklahoma, be. and he hereby Is directed to
mail to each person owing said assessments,
not more than-torty and not less than thirty
days before the maturity Of each installment
Of such assessments. a notice in writing stat:
such annual installment and interest then
due, aud that unless the same shall be
promptly paid when due the statutory pen.
atty will oe added and proceedings taken
according TO law for the collection Of the
same.
SECTION s. Thst the passage by the
Board of Commissioners Of this Ordinance,
finally assessing against the property herein
described its proportionate share Of the cost
Of the improvements. according to the ben.
eftI derived therefrom, and making and fix.
ing lien upon the property as herein set
out. shall operate as notice Of such assess.
men,s and lien against the creditors Of the