Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1920-06-11

Bonds numbered from 20 to 81 both
inclusive, payable May first 1884.
Bonds numbered from 32 to 81 both
inclusive, payable May first 1885.
Bonds numbered from 35 to 81 both
inclusive, payable May first 1886.
Bonds numbered from 3S to 40 both
inclusive, payable May first 1887.
Bonds numbered from IL to "A both
inclusive, payable May first 1898.
Bonds numbered from as to 4S both
inclusive, payable May first 1899.
Bonds numbered from 40 to so both
inclusive, payable May first 1910.
Said bonds and each of them shall
be in substantially the following form
to-wit:-
UNITED STATES OF AMERICA
STATE OF UTAH
COUNTY OF IRON
CEDAR CITY WATER WORKS
BOND
KNOW ALL MEN BY THESE
PRESENTS
That Cedar City, Iron County State
of Utah hereby acknowledges itself to
be indebted and for value received
hereby promises to pay to the bearer
hereof the sum of one thousand dol
lars Isl, 000) in lawful money Of the
United States Of America on the LIST
day Of May 10 without option Of
prior payment, at Hanover National
Bank in the City Of New York, with
interest thereon, from date until paid,
at the rate of six per cent (6To) per
annum payable semi-annually in like
money on the first days Of May and
November in each year, said interest
to maturity being represented by in
terest coupons hereto attached.
This bond is one Of a series Of fifty
(50) bonds of like date and amount,
numbered from to so both inclusive,
and known as Cedar City Water
Works Bonds" amounting in the ag-
gregate to $50,000.00, and is issued
for the purpose Of defraying the ex-
pense of increasing, improving, en-
larging, extending, perfecting and
adding to the present water works
system of said City and securing an
additional water supply for the pur-
pose of supplying and distributing
water to the inhabitants thereof, the
same to be owned and controlled by
said municipality and is issued under
and pursuant to the provisions Of the
Constitution and Laws of the State
of Utah and an ordinance passed by
the City Council of said Cedar, and as
authorized by the electors of said
City at special election held for the
purpose in said City on the first day
of May 1920.
The City Council Of said City shall
annually levy tax sufficient to pay
the interest on this bond as it falls
due and also to constitute a sinking
fund for the payment of the principal
when due.
1t is hereby certified. recited and
declared that all conditions, acts and
things essential to the validity OF
this bond, exist, have happened and
have been done and that every re-
quirement Of law affecting the issue
thereof has been duly complied with
and this bond is within every debt
and other limit prescribed by the
Constitution and Laws of said State
Of Utah.
The full faith and credit and all
taxable property within the limits OF
said Cedar City, as constituted at the
time Of the issuance hereof are ant
shall continue to be pledged to the
punctual payment of the principal anc
interest Of this bond.
IN WITNESS WHEREOF, Cedar
City has caused this bond to be signed
by its Mayor and City Treasurer anc
its corporate seal to be hereto affixed
attested by its City Recorder and thu
annexed coupons to bear the fac
smile signature of the City Treasur
err, as of the first day of May, 1920.
4 n