The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-12-17


Against issuing boaes to the
amount OF THIRTY THREE
THOUSAND DOLLARS for~~she
purpose stated In Ordinance 70.
ls6, to-wit; For the purchase Of
a primary right 10 the use cf nInst
~ igel inches OF the waters o.
Jesse creek. measured unaer a
four inch pressure.
The ballots 10 be used In voting
upon the second QUESTION submitted
viii be IN substantially the following
form:
In favor OF authorizing the May.
or and Council TO transfer and
convey. as part consideration
for the purchase OF primary
right TO the use OF ninety
600 inches Of the waters of Jesse
creek. measured under a four inch
pressure, the secondary or junior
right 10 the use OF forty (4o)
inches. under a four inch pressure.
of the waters Of said creek. nov
ownd and 10 be owned by TIM city
of Salmon.
Against authorizing the Mayo,
and Council. 10 transfer and con
vey. M q part consideration fer the
purchase OF primary right TO the
use Of ninety (S0b inches OF
the waters of Jesse creek, meas.
ured under = four inch pressure.
the secondary or junior right To
the use OF forty taol inches. un,
der four inch pressure. OF the
waters OF said creek. now owned
and TO be owned by the city Of
Salmon.
Section Three.
The Clerk of said city shall give
thirty days notice Of such election
BY causing the same 10 be published
in The Idaho Recorder, newspaper.
published and in general circulation
In the city of Salmon, and BY post
ing said notice of election az the place
in zach ward where the election Il
authorized 10 be held, the same be
ING three of the most public places
of said city.
Section Four.
In case Of the issuance OF said
bonds. 10 provide for the purchase
OF primary right TO the use OF
ninety 500 inches of the waters
of said Jesse creek, shall be approx
ed by said electors, then by virtu.
of, and in pursuance OF Chapter i70
OF Title 30. of the Idaho Compiled
Statutes. there shall be ISSUED The
municipal coupon bonds OF the cit,
OF Salmon. In the total sum OF THiR
iTY.THREE THOUSAND 1855. oool
/ DOLLARS for the purpose of pur
chasing primary right 10 the u.s.
OF ninety 900 inches Ct the water o
said Jesse creek: that said bond
shall be dated first day OF January
1921. and be redeemable AZ the optiol
of the city at any time after the exp
ration of ten years from the dat
thereof. and shall be absolutely du
and payable the first day OF Januar
A. D.. i941. They shall consist OF thii
of one Thousand (si ,o00a0) Dollar
each. numbered from ore ca [
thirty inclusive and thirty bonds {
the denomination of One Hundfo
t$l0000) Dollars each. Numbere
from 81 to 60 inclusive. The prin
cipal and interest OF said bonds sha
be payable at the office OF the CT
Treasurer. They shall bear interes
al the rate of not To exceed ak pc
ccntum GO o/o) per annum, payabl
sen1iannualiy On the hrkt day {
July and The FIRST day Of Jai
uary. in each year, and sal
interest shall b. represented by fort
t40) coupons attached 10 each bon
each coupon representing ha
yearly payment OF interest on ii
bond 10 which Il IL attached. Sal
bonds shall BIZ signed by the Mayo
Ettested by the City Clerk. an
counterslgned by the City Treasure
and shall bear the seal OF said cit
and the coupon thereto attachs
shall bear the original or enrrays
signature OF the city Treasurer.
Section Five.
The said bonds shall be mad pa
able In amounts and III times f.
lowing, to1wit: $500 on January
1881. and $4,000 ON the FRS, day
January Of each and every yci
thereafter until said bonds shnil
wholly redeemed,
Section S.s.
The said bonds and coupons Hhf
be substantially In The t3li9Ia
form. vSwit.
United States OF ktaer ca
State Of Idaho. County 81 LeThi,