The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-02-14

ORDINANCE NO. 100.
AN ORDINANCE Confirming,
RATIFYING AND APPROVING
ALL PROCEEDINGS IN RELA-
TION TO THE PAVING AND I'M
PROVING OF THOSE PORTIONS
OR PARTS OF THE STREETS
AND ALLEYS IN THE CITY OF
WALLACE, COUNTY OF SHO-
SHONE. STATE OF IDAHO, IN
MENT DISTRICT NO. 4 AS ES-
TABLISHED BY ORDINANCE
NO. 102 FROM AND INCLUDING
THE ADOPTION OF ORDINANCE
NO. 81 DECLARING THE INTEN-
TON OF THE CITY COUNCIL OF
SAID CITY TO IMPROVE SAID
PORTIONS OF THE STREETS
AND ALLEYS UP TO THE TIME
OF THE ADOPTION OF THIS OR
DINANCE, INCLUDING THE CON
FIRMING, RATIFICATION AND
APPROVAL OF ALL CONTRACTS,
ASSESSMENTS, ORDINANCES,
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 TWENTY EIGHT
THOUSAND SEVEN HUNDRED
EIGHTY EIGHT DOLLARS i($28,-
7SS.00) THE BALANCE DUE FOR
SUCH IMPROVEMENT AND PRE-
SCRIBING THE FORM OF THE
BONDS TO BE ISSUED
BE 1T ORDAINED BY THE MAYOR
AND COUNCIL OF THE CITY OF
WALLACE
Section l. That there be issued by
the City of Wallace, to Henry j.
Kaiser or bearer for the balance Of
Twenty eight thousand seven hundred
eighty eight dollars (S2S,78S.00) due on
account of the paving and otherwise
improving the streets and alleys in
Local Improvement District No. 4,
sixty 600 bonds, fifty of which shall
be for the sum of five hundred dol
lars ($50000) each aggregating the
sum of Twenty five thousand dollars
1925, 100000, and ten of which shall be
for the sum of Three hundred seventy
eight and $4,000 dollars ($37S.S0) each
hundred eighty eight dollars ($3,-
7SS00) making a grand total aggrega-
ton of Twenty eight thousand seven
hundred eighty eight dollars ($2S,-
| 7SS.00). That said bonds whose face
value is the sum of Five hundred
dollars ($50000) be numbered one Cd
two CD three CD four ca five Co
seven CD eight (S) nine CO. ten Q0)
eleven CID thirteen G3) fourteen Q4)
! fifteen 15) sixteen 16) seventeen 07)
nineteen G9) twenty (20) twenty one
! (2D twenty-five (22) twenty three
/ (23) twenty-five (25) twenty six (26)
| twenty seven go twenty eight (2S)
twenty mine (29) thirty-one (3D
thirty four (34 thirty-fiv $3.50 thir-
ty-seven (3D thirty eight 13S) thirty
nine (39) forty (4O) forty-one
(4D forty-three (43) forty-four
CAD forty-five (45) forty-six t46)
forty -seven CAD forty-nine (49) fifty
! 600 ffty-one (5) fifty-two (52) fifty
three t53) fifty-five (55) fifty-six $3.50
tifty-seyen CD fifty eight (5S) fifty
nine (59) and that said bonds issued
for the amount of Three hundred
seventy eight and $4,000 dollars
| ($37S.S0) be numbered six co twelve
thirty 900 thrty-six 1860 forty two
(42) forty eight (4S) fifty-four (54)
and sixty (60).
date the first day of January, A. d.
1918. That bonds numbered one CD
to six CO.. inclusive shall be payable
on or before one year from date; bonds
numbered seven CD to twelve G2) in
elusive, shall be payable on or before
two years from date: bonds number
ed thirteen G3) to eighteen QS) in
elusive shall be payable ON or before
three years from date; bonds number
ed nineteen G9) to twenty four (24)
inclusive shall be payable on or be-
fore four years from date; bonds num-
bered twenty five (25) to thirty (30)
inclusive shall be payable on or be-
fore five years from date; bonds num-
$3.50 inclusive, shall be payable on or
before six years from date; bonds
numbered thirty seven $50 to forty
two (42) inclusive, shall be payable on
or before seven years from date;
bonds numbered forty there (43) to
forty eight (4S) inclusive, shall be
payable on or before eight years from
date; bonds numbered forty nine (49)
to fifty-four (54) inclusive, shall be
payable on or before nine years from
date; bonds numbered fifty-fve (55)
to sixty 600 inclusive, shall be pay
able on or before ten years from date.
IIldl the SAID bonus SIidll Dedf III
terest at the rate of seven per cent
per annum from date until paid. said
interest to be payable annually on the
list day OF January in each year be-
ginning January l, 1919; that there
be attached to each bond interest cou-
pons, one coupon for each years in
terest from the date of the bond up
to the maturity thereof, provided,
however, that any of said bonds may
be redeemed at any time by paying
the principal thereof together with
all interest coupons up to and includ-
ing the coupon first maturing there
after. That the said bonds and in
terest bearing coupons shall be sign
ed by the Mayor and attested by the
City Clerk and countersigned by the
City Treasurer; that said bonds and
interest thereon shall be payable at
the office of the City Treasurer in the
City of Wallace, Shoshone County,
Idaho, and they shall be registered by
the City Treasurer as required by
law.
That the said bonds shall be sub
stantially in the following form, bear
ing dates of maturity and for the
amounts as hereinbefore specified, to-
wit
NUMBER AMOUNT
UNITED STATES OF AMERICA