The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-11-07
STATE or IDAHO
COUNTY OF SHOSHONE
rITX on WYATT ArIs


Local Improvement District No. s.
IMPROVEMENT BOND.
Know All Men by These Presents
That the City of Wallace. in Shoshon,
County, Idaho, is indebted TO, and fol
value received hereby promises to pay
| TO, bearer, (insert amount of bond
lawful money OF the United States OF
America, on or before the LIST day OF
october, Qnsert year of maturity OF
bond) with interest thereon from date
at the rate OF seven per centum pei
annum, payable annually, on the LIST
day OF October in each year. on pre-
sentation and surrender of the annexed
coupons, bearing the signature of the
Mayor, City Treasurer and City Clerk
of said City, as they severally become
due. Both principal and interest Of
this bond are payable at the office of
the City Treasurer Of the said City Of
Wallace, Idaho. and are payable out
of Local Improvement Fund of Local
Improvement District No. s created for
the payment Of the costs and expenses
for the construction of improvements
in said Local Improvement District
No. 8. and not otherwise, provided,
however, that this bond may be re-
deemed at any time by paying the full
amount Of the principal thereof to-
gether with the interest coupons here
to attached up to and including the
coupon first maturing thereafter.
This bond Is one Of thirty bonds of
like date tenor and effect except as to
the times of payment and amounts of
bond, numbered from one to thirty in
elusive aggregating Eleven thousand
one hundred forty -seven and 40-1O0
Dollars ($11.147.40) issued by the City
OF Wallace, county of Shoshone, State
of Idaho, for the purpose of paying the
costs and expenses of improvements in
Local Improvement District No. s pur-
suant to Ordinance No. 121 duly and
regularly passed by the Mayor and City
Council Of said City on the 31st day
Of May, A. d. 1917, and Ordinance No.
124 duly and regularly passed by the
Mayor and City Council Of said City
on the End day Of July, A. d. 1917,
under and by authority Of and in
accordance and full compliance with
the general laws of the State Of Idaho,
and especially Section 223S of the Re-
vised Codes of Idaho as amended by
the Legislature of the State of Idaho
by an act approved March u, 1917,
the 14th subdivision of paragraph sixth,
which is as follows:
"The holder Of any bond issued I'M
Ter the authority of this section shall |
have no claim therefor against the |
,ity or village by which the same Is |
ssued, in any event except from the |
collection Of the special assessment |
made for the improvement for which |
said bond was issued, but his remedy,
n case of non payment, shall be con-
lined to the enforcement of such as
easements. A copy of this subdivision
shall be plainly written, printed or
N 70 Of nh |
ssued."
And 1t Is hereby certified, recited
md declared that all acts, conditions
md things required to be done prece-
lent to and in the issuing of said
,onds, have been properly done, have
happened and have been performed,
n regular and due form, as required
~ law, and that the said Indebtedness
Ices not exceed any statutory or con-
titutional limitation.
For the collection of the assessment
evied in said Local Improvement Dis
riot No. s. the City of Wallace, County
# Shoshone. State of Idaho, hereby
pledges itself to use it's best endeavors
md energies.
IN TESTIMONY WHEREOF, We,
he undersigned officers of the City of
Wallace, County of Shoshone State Of
daho being duly authorized to execute
his bond on behalf of said City, have
lereunto signed our names officially
md caused to be affixed the official
zeal of the City of Wallace, as of the
st day Of October 1918
......... .'..''... .'..'.....
o.. Mayor.
Attest:
................ ...........,
City Clerk.
CITY WrnaSnrer.