The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1917-06-30
LEGAL NOTICES

presentation of the coupons hereto
attached, as they severally become
due, both principal and interest pay
able at the office of the City Treas
urer In the manner provided by Or
dinance No. -. of said City, passed
which ordinance. emitting this form,
is printed on the back hereof,
This bond is one of an issue of
$50 bonds of $4,000 each, issued
by the City of Tacoma and payable
out OF Tacoma Street Railway Fund
No. ..... Said bonds were issued for
the purpose of paying the cost of
constructing and equipping a street
railway in South Eleventh Street
from the terminus of the present
south Eleventh Street Municipal
me TO Wiilapa Avenue. and for the
refunding. cancellation and retire.
inent of $25,000 of the original issue
of Tacoma Street Railway Bonds,
repay $4,000 and interest advanced
by the City of Tacoma to retire
bonds of said original issue, and pay
the deficit due the Tacoma Railway
and Power Company according to
contract; are limited to $3.50, 900 90
and are payable in their numerical
order as follows:
This bond is payable on or before
the first day of July. 1919. and IL
subject to call by the city Treas
ursr OF said City whenever there
Tacoma Street Railway Fund No. 3
to pay the same and all unpaid
bonds OF the series of which this
bond Is one which are prior to this
bond In numerical order over and
above sufficient for the payment of
interest on all unpaid bonds of said
series.
And the City of Tacoma hereby
covenants and agrees with the hold
err hereof that at each interest period
herein provided for It will apply
the money in said fund to the pay
ment In the first place. of the semi
annual interest on all said bonds,
and secondly, to the payment of the
principal of said bonds In their nu-
nerical order, commencing with No.
and so continuing until all of said
bonds and the interest thereon shall
be fully paid.
And for the further assurance of
the holder of this bond it is hereby
found and declared that the same
Is issued In strict accordance with
law, and that all acts. things, orders,
ordinances, resolutions and condi-
lions precedent to the right to issue
and deliver this bond have happened,
existed, and been. done and per-
Formed prior to the issue hereof.
IN WITNESS WHEREOF. the City
OF Tacoma has caused this bond to
be signed by the Mayor and counter
signed by the Controller of said
city and attested by the seal of
said City, and has caused the cou-
pons hereto attached to be signed
and attested by the Autographed
! signatures of said Mayor and Con-
troller respectively.
Mayor Of the City of Tacoma.
Countersigned by
Controller of the City of Tacoma.
suitable semi-annual interest cou-
pons shall be attached to each of
said bonds.
Section 10. Said City of Tacoma
shall not be subject to any other
or further liability for said bonds
and the interest thereon than is ex-
pressed in and provided for by this
ordinance.
Section IL, Said bonds shall be
delivered to the Treasurer to be dis
posed of from time to time by the
Sinking Fund Board as provided by
Section 152 Of the City Charter.
! Section IL. Whenever any OF the
bonds hereby authorized shall be
sold or delivered to any person. all
past due coupons shall be removed
therefrom and cancelled and the
purchaser or receiptor of any such
bonds shall take and accept the par
TALLY accrued coupons attached
thereto at their actual cash value.
Section ID. Upon presentation of
any OF said bonds to the Controller
of said City he shall register them
and make and keep a record thereof,
and thereafter and until re-regis-
tered such registered bonds shall be
payable only to the registered owner
or his assigns or personal represen-
tative.
Section II. Should the city of Ia
coma desire to retire and cancel the
entire outstanding issue of said
bonds, 1t shall have the privilege of
doing so at any interest period
after January 1, 1928, in the
following manner to-wit: Not
less than thirty days before said
interest date the Treasurer of said
City shall, for five consecutive days,
publish a notice In the official news
paper of its intention to pay the
principal OF said bonds, and there
upon and on said interest date the
interest thereon shall cease and said
Treasurer shall pay the principal
and interest of said bonds on pre-
sentatlon.
Section Is. That Ordinance No.
BIB. passed April s, 1914, Is hereby
repealed.
Passed June 20, 1917.
A. v. FAWCETT.
Attest: w. d. NICKEUs.
Juns, 40 ,o,7 City Clerk