The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-11-07
ORDINANCE NO. 1877,

AN ORDINANCE CONFIRMING
hAIlFYING AND APPROVING
AL PROCEEDINGS IN RELA-
lion 10 THE PAVING AND I'M
PROvlNG OF THOSE PORTIONS
oR PARTS OF THE STREETS
AND ALLEYS IN THE CITY OF
WALLACE. COUNTY OF SHO-
SHONE, STATE OF IDAHO, IN
GUIDED IN LOCAL IMPROVE
MENT DISTRICT NO. AS ESTAB-
LISHED BY ORDINANCE NO. 124
FROM AND INCLUDING THE
ADOPTION OF ORDINANCE NO.
III DECLARING THE INTENTION
OF THE CITY COUNCIL OF SAID
CITY TO IMPROVE SAID POR-
TONS OF THE STREETS AND
ALLEYS UP TO THE TIME OF
THE ADOPTION OF THIS ORDI-
NANCE, INCLUDING THE CON
FIRMING, RATIFICATION AND
APPROVAL OF ALL CONTRA CTS,
ASSESSMENTS, ORDINANCES
RESOLUTIONS AND ALL PRO,
CEEDINGS IN ANY WISE IN RE-
LATION TO SUCH IMPROVE
MENT, AND PROVIDING FOR THE
ISSUANCE OF BONDS BY THE
CITY OF WALLACE TO THE
AMOUNT OF ELEVEN THOUSAND
ONE HUNDRED FORTY SEVEN
AND FORTY-ONE HUNDREDTHS
DOLLARS, THE BALANCE DUE
FOR SUCH IMPROVEMENT AND
PRESCRIBING THE FORM OF
THE BONDS TO BE ISSUED.
BE II ORDAINED BY THE MAYOR
AND COUNCIL OF THE CITY OF
WALLACE:
Section l. That there be issued by
the City of Wallace, to Henry ]. Kaiser
or bearer for the balance of Eleven
thousand one hundred forty seven and
forty-one hundredths dollars Oil
l4t4O), due on account of the paving
and otherwise improving the streets
and alleys in Local Improvement Dis
trlct NO. 8. thirty bonds, ten for the
sum OF One Hundred Fourteen and
seventy -four one hundredths dollars
H11474 and twenty bonds for the
sum of Five hundred Dollars $500 OO)
each, making thirty bonds in all aggre-
eating the total sum of Eleven thou
sand one hundred forty-seven and
'orty one hundreds dollars ($11,147.4O).
That said bonds whose face value is
he sum of One hundred fourteen and
seventy -four one hundredths dollars
,$l14.74 be numbered one %, Four
-, Seven CD, Ten QO), Thirteen Q3),
sixteen G6), Nineteen G9), Twenty
wo (22), twenty-five (25), and Tween
weight (28). That said bonds whose
ace value Is Five hundred dollars
$5OO.O0) be numbered Two (2), Three
~, Five (5), Six co., Eight (S), Nine
80, Eleven Q1), Twelve CID, Four
cen 90, Fifteen Q5), Seventeen Q7),
Eighteen Q8), Twenty coy, Twenty
,ne CID, Twenty three (23), Twenty
our (24, Twenty-six (26), Twenty
thirty >(s6j.' 'D'' 'N'' anu
That all of said bonds shall bear
late the first day of October, A. d.
91S; that bonds numbered One %,
Two (O, Three 60, shall be payable
N or before one year from date; bonds
numbered Four 90. Five 60, Six CO.,
hall be payable on or before two years
rom date; bonds numbered Seven
., Eight (S), Nine co., shall be pay
BILE on or before Three years from
ate; bonds numbered Ten Q0) Eleven
I'D. Twelve Q2) shall be payable on
r before four years from date; bonds
numbered Thirteen Q3), Fourteen Q4),
fifteen (15) shall be payable on or
efore Five years from date; bonds
eu SLAleen wv, seventeen
I'D, Eighteen 1S) shall be payable
n or before six years from date;
onds numbered Nineteen Q9), Twenty
20), Twenty one (2D, shall be pay
BILE on or before seven years from
ate; bonds numbered Twenty-Five
22), Twenty-three (23), Twenty four
24) shall be payable on or before
light years from date; bonds number
d Twenty (25), Twenty-six (26), |
(27) shall be payable |
n or before nine years from date;
onds numbered Twenty eight (28), |
'wenty-nine (29), Thirty (3O), shall |
e payable on or before ten years from |
ate.
That the said bonds bear interest |
t the rate Of seven per cent per an
UNI from date until paid, said interest |
, be payable annually on the 1st day |
( October in each year beginning |
october 1st, 1919, that there be at
ached to each bond interest coupons,
ne coupon for each years interest |
rom the date of the bond up to the |
thereof, provided, however,
nat any one of said bonds may be re-
eemed at any time by paying the
thereof together with all in
crest coupons up to and including |
ne coupon first maturing thereafter.
hat the said bonds and interest bear
,g coupons shall be signed by the
Iayor, attested by the City Clerk and
by the City Treasurer;
nat the said bonds and interest there
n shall be payable at the office Of
ne City Treasurer in the City of Wal
ice, Shoshone County, Idaho, and
new shall be registered bv the City |
treasurer as required by law.
That the said bonds shall be sub
in the following form. bear
ig dates of maturity and for the
as hereinbefore specified, to-
lit:
LUMBER AMOUNT
UNITED STATES OF AMERICA