The daily star-mirror. (Moscow, Idaho) 1911-1939, 1917-03-15

thence s. 1 deg. 45 min, E.
47.56 feet along the said
East Right-of-Way Line to
the City Limits, thence East
520.37 feet along the said
City Limits to the West Line
of Main Street said City
Limits being on a p%rolonga-
ton West of the South Line
of Harrison Street, thence
North 1858 feet to the point
of beginning $2807. SO
Sec 3. That the money received in
payment of the special assessments for
improvements in Local Improvement
District No. 9 shall be known as Spe-
eial Assessments for Local Improve
nent District No. 9 fund, and shall be
applied solely towards the redemp-
ton of the bonds issued therefor, as
herein provided.
Sec q. That for the purpose of pay
ing the cost and expenses of the i'm
provements in Local Improvement
District No. 9 there shall be issued
in the name of the City of Moscow,
Idaho, Local improvement Bonds, in
the name in the amount due and ow-
ing for such improvements, after de-
Quoting any cash payments made, at
the rate by the assessment roll, and
agreement of The Standard Asphalt
Paving Company to be accepted in
stead of bonds Such bonds to be is
sued in denominations of two hundred
dollars, and in such smaller bonds as
may be required to divide the total of
said bonds in to ten equal installments,
and shall be numbered from one up
wards co~nsecutively, dated January
list, 1917, and payable in ten equal in
stallments, n on the first day of
July, 1918, and one installment on the
first day of July of each year thereaf-
ter up to and including January LIST,
1927, at which time the last of said
bonds shall be payable.
Sec. 5. Said bonds shall bear in
terest at the rate of six per cent per
annum, payable annually, on the first
day of July in each year, after A. D..
1917, until January LIST, 1927, when
the last of said bonds mature, which
shall be evidenced by coupons for each
attached to said bonds, which said
bonds shall be substantially in the fol-
lowing form:
UNITED STATES OF AMERICA
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 prom
ises to pay to, bearer
TWO DOLLARS.
lawful money of the United States of
America, on the LIST day of January,
1917, with interest thereon from date,
at fhe rate of six per cent per an
num-. payable annually, commencing
on the first day of July, 1918, and on
the first day of July in each year, I'M
til the last payment which shall ma
ture January LIST, 1927, on presenta-
ton and surrender of the annexed cou-
pons, bearing a facsimile of the sig
nature of the Mayor and Clerk of said
City, as they severally become due.
Both principal and interest of this
Bond are payable at the office of the
Treasurer of said City of Moscow, Ida
no, and are payable out of the Local
Improvement Fund of Local Improve
ment District No. 9 created for the
payment Oh the costs and expenses for
the construction of improvements in
said Local improvement District No.
9, and not otherwise.
This Bond is one of a series of Bonds
of like date, tenor and effect, except
as to denomination and time of pay