The Elk Mountain pilot., 1918-06-06

hereto aCLAcne0, as Lney SeVerally be-
come due; and both the said interest
hereby made payable in gold coin OF
the United States of America, of or
equal to the present standard of
weight and finsness, at the Office of
the town treasurer in the town of
Crested Butte, Colorado, or at the
National Bank of Commerce, in the
city and state of New York, U. S. A.,
at the option of the holder; and for
y the prompt payment of said principal
and interest at maturity, the full
faith, credit, resources and all the
taxable property of said town are
hereby irrevocably pledged.
This bond is issued by said town
for the purpose of funding, like
amount of the valid and outstanding
floating indebtedness and legal war;
rants of said town, and in pursuance
of an ordinance of said town duly
adopted sand effective prior to the
issuance of this bond; and under, by
virtue of, and in all respects in full
the General Assembly of the State
of Colorado entitled: "An act to en-
able cities and towns to fund their
| floating indebtedness" approved
April 10, A. D. 1917.
And it is hereby certified, recited
and warranted that said town is now
and has been for many years past, a
.body polite and corporate, duly or
ganized, existing and operating as n
| town under and by virtue of the con-
stitution and laws of the state of
Colorado, and is now and has been
always, under the control of duly
organized board Of trustees as the
duly constituted corporate authority
thereof; that all things. acts and
conditions required by the constitu-
tion and laws of the state of Colo
RADIO to exist and to happen and be
done and performed precedent to and
in the issuance of this bond, in order
to constitute the same the valid and
exist and have happened and been
done and performed in regular and
due form and time; and that the to-
tai Indebtedness of said town, includ
ing this bond and the indebtedness
so funded, purchased and redeemed
hereby, are within every debt limit
and other limitation prescribed by
the constitution and laws of said
state. and that the indebtedness of
said town, has not been increased by
the issuance of this bond; and that due
provision has been made for the levy
and collection of direct annual ad
valorem tax on all of the taxable
property in said town, in addition to
all other taxes. sufficient to pay the
interest accruing hereon promptly
when and as the same falls duo and
also to discharge the principal hereof
at maturitv.
IN TESTIMONY WHEREOF. The
town of Crested Butte, in the county
of Gunnison. in the state of Colorado.
bv its board of trustees, has caused
this bond to be signed by the mayor
of said town, attested by the town
clerk. countersigned by the town
treasurer, and sealed with the cor
porate seal of said town; and each of
the interest coupons hereto attached
to be executed by the engraved fac
smile signature of said town treas
urer as of the first day of February,
A. ID. 1918.
(SEAL)
Attest: Mayor.
80. ''''. .'.'
Town Clerk and Recorder.
Countersigned:
.........
Town Treasurer.
(Form of Coupsn)
On February 1,
August /, A. d H..
The town Of Crested Butte. in the
County of Gunnison, in the state
Of Colorado, for value received.
promises to pay to the bearer hereof
the sum of Three dollars in gold coin
| Of the limited States of Amerfca. of