The daily star-mirror. (Moscow, Idaho) 1911-1939, 1917-05-22

such improvements, and for the pa,
ment of said Local improvement
Bonds.
BE IT ORDAINED BY THE MAYO.
AND COUNCIL OF THE CITY O.
MOSCOW, IDAHO:
Sec. 1. That Sec. 4 of Ordinanc
No. 433 of the City of Moscow, Idaho
be and the same is hereby amende
to read as follows:
Sec 4. That for the purpose O
paying the cost and expenses of tn
improvements in Local improvement
District No. 6 there shall be issue
in the name of the City of Moscow
Idaho, Local Improvement Bonds, il
the amount due and owing for sucl
improvements, after deducting an.
cash payments made, at the rate b.
the assessment roll, and agreement
of The Standard Asphalt company tt
be accepted instead of bonds. Sucf
bonds to be issued in denominations
of two hundred dollars, and in sucf
smaller bonds as may be required
to divide the total amount of sale
bonds into ten equal installments,, an6
shall be numbered from one upwards
consecutively, dated January 1st, 1917
and payable in ten equal installments
one on the first day of January, 1918
and one installment on the first day
| of January of each year thereafter
up to and including January LIST, 1927
at which time the last of said bonds
shall be payable.
Sec g. That Section Of Ordinance
No. 433 be and the same is hereby
amended to read as follows:
Sec. S. Said bonds shall bear inter-
est at the rate of six per cent per
annum, payable annually, on the first
| day of January in each year, after A.
D. 1917, until January list, 1927, which
shall be evidenced by coupons for each
years interest of proper form, and
attached to said bonds, which said
bonds shall be substantially in the fol-
lowing form:
UNITED STATES
OF
AMERICA
NO. ............ D.
State of Idaho County of Latah
CITY OF MOSCOW
LOCAL IMPROVEMENT DISTRICT
No. 6,
IMPROVEMENT BOND
KNOW ALL MEN BY THESE
PRESENTS: That the City Of Mos
COW, in Latah County, Idaho, is in
debted to, and for value received here
by promises to pay to, bearer
TWO HUNDRED DOLLARS
lawful money of the United States
of America, on the LIST day of jan
uary, 1917, with interest thereon from
date, at the rate of six per cent per
annum, payable annually, commence
ing on the Tst day of January, 1918,
and on the LIST day of January in each
year, until the last payment which
shall mature January list, 1927, on
and surrender of the an
nexed coupons, bearing facsimile
of the signature of the Mayor and
Clerk of said City. as they severally
become due. Both principal and in
terest of this bond are payable at the
office of the Treasurer of said City of
Moscow, Idaho, and are payable out
Of the Local Improvement fund of
Local Improvement District No. 6
created for the payment of the costs
and expenses for the construction of
in said Local Improve
nent District No. 6, and not other-l
wise K
This bond is one of a series of bonds
If like date, tenor and effect, except
Is to denomination and time of pay
nent, numbered consecutively from
o ...... inclusively, aggregating
........ issued by the |
1ayor and Council of the City of Mos /
ow, Idaho, for the purpose Of paying
he costs and expenses of the I'M
in said Local Improve l
nent District No. 6, pursuant to Or
nance No. 405 duly. and regularly 2
assed by the Mayor and Council of :
aid City and published on the 9th
ay of July, 1915, and Ordinance No. I
10 of said City, duly and regularly l.
assed by the MAJOR and Council of r
he said City, and published on the ),
8th day of February, 1916, under and
y the authority of, and in accordance
nd full compliance with the general
avs of the State of Idaho, and especi- :
lily Sec. 1858 of Idaho Revised Codes,
S amended by the Legislature of the
tate of Idaho by act approved March
8, 1911, the 18th subdivision of which
5 as follows:
"The holder of any bond issued un
er the authority of this section shall
ave no claim therefor against the CITY
r village by which the same is issued,
any event, except IfOul COllcCllOu
f the special assessment made for
he improvement for which said bond
yas issued, and this remedy, in case
f non-payment shall be confined to
he enforcement of such assessment.
copy Of this subdivision shall be
lainly written, printed or engraved \
pom the face Of each bond as issued" 4
And it is hereby certified, recited n
nd declared that all acts, conditions \
nd things required to be done pre- \
edent to and in the issuing of said \
onds, in regular and due form, as re-
uired by law, and that said indebted
ess does not exceed any statutory or
limitation. 4
For the collection of the assessment
'vied in said Local Improvement Dis
let No. 6, the City of Moscow, Coun-
= of Latah, State of Idaho, here
Lodges itself to use it's best endeavors
nd energies.
IN TESTIMONY WHEREOF, We, the
ndersigned, officers of the City of N
oscow, County of Latah, Idaho, beir
lily authorized to execute the Bond
l behalf of said City have hereunto
gned our names officially, and caus-
to be affixed the official seal o. Y