Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-05-04

SECTION 2. That the assessments hereby
levied against the above described lots, tracts
Of land and other property liable 20 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 prin-
cipai and interest are hereby declared to be
n debt against the owners thereof, and are
a lien upon such property to the same extent
as other taxes.
SECTION g. That the assessments hereby
levied against the above described lots, tracts
OF land and other property liable 10 assess
ment shall be payable In ten equal annual
instslments, the first OF such instsllments
with interest to that date the whole as
sessment, shall he payable the first day
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 arc hereby authorized and
ordered to issue and deliver to the contractor
assignable tax bills for said assessments and
interest as herein provided, with instalment
coupons thereto attached for the amounts
ma:lring 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
OF February each Of the years 1918 to 1927
inclusive, and said tax bills 10 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.
where 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
the holder of the tax bills, mature all in
stsllments thereof for all purposes without
notice, and upon such default suit may be
commenced nt once by the holder OF the tax
bill either in his own name or IN the name
Of the City, to recover Judgment for the
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
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 dschsrging the whole
amount assessed against said property, or
any installment thereof, upon the payment
tc the proper officer OF the City at any time
before maturity, of the unpaid principal with
SECTION T. 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 forty and not less than thirty
days before the maturity Of each installment
OF such assessments, a notice In writing stat.
Ing the amount owing by such person Of
such annual instalment 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.
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.
efitJ derived therefrom, and making and fix
Ing lien upon the property as herein set
out. shall operate as notice OF such assess.
ments and lisn against the creditors OF the
owners OF such property, and the purchaser