The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1920-02-21

H
Ioia Mia, iei, 5 add O. Bi a..
CD, o. Alhaqusraus ,srwsrj ma,
and - Ienscg addiiea 81 200 90
section g. Thai said assessnents shalt
be- due end payuhi. 81 ihe umre of The tus
Treasurer within thifty tiul days after this
@snd PROVIDED however. maj III .aen
asartfmeuts may. ~ The election ~ ths oaner.
be rad go in.isllw"ot e.h in'rrest
whole assrssmeut Within said period ~
thirty tlui days shall be- conrluatsiy cun
all rrrsons Interested whether under de
abiitY ur Uiherutse. iu uuy such Install
ments Do ease u such election 20 pay iu
instalim-nis ~ assrtsments shall be- pay
able 80 the ohrs Of the tliy Treasured in
teb tinl equal iustaNmeutt ~ principal The
drst uf whlrh msfnllmsnts Of principal shan
be- due aud payable one 90 yen alter this
oriinaHro he,umes effective. tnNu,' on or
before tbe itt day Of March. 1921 and The
remainder Of said insisihnrats shall be- due
and payable surretsiysly on the samr day be-
each year hereafter until paid Zoe full. with
of each o. said in.taliuients uuti the nm
tnrtf thereof ut thg rate ot ia tnl ger
rsntum pr hnuum The h.t payment ef IN
terrst hsius due aud payable on the Let day
~ May 1920. and the remaining payments
- iatrrest BEING due and payable srmt'an
nnaily thereafter until fully paid except the
laft pas mrnt ~ the last installmsut ct ptih
eiral all payments 20 De- made 81 the once
Of the CITY Treasurer fHiute 10 pay SAY
NNMNHNNNHNMN. ANNNMNN MN 100 NNNNNMN o. NMNNN .
rst when due. shall cause thF rhoie Of he
unpaid principal % become due nd payable
immediately snd the whole ainount of The
unpaid principal and accrued Interest shall
thereafter draw Interest az the utr ~ one
pTr g~ninip Ief inonlh or traction ~ a month.
uutil The day Of sale but a. any time prior
Hneuut Of all unpaid iu~stallmsnts. win To-
tsrest ~ one pee erntua per month uf ira,.
thercupuu be- restored So thr right thereafter
To- pay De- inftalineni. 90" same ma1hrr
o. 10 default had not been suhgtsa II"
auy lustsllmenf ut payment MAY. no ans
time. psy The whole " the unpaid principal
thr neat iustaIlment af interest ot pr'n,iuAi
Payment of fhr nhuIr assessment may he
made 90 tho tty Treasurer At au, time
romes effective. end an Hliuv aurr OF hsr
p.r ,sutum Will be- mad, ou al such pay.
nsut, duru- such period oul2
section The amount, assessed as
aforesaid shall Do m lien anon said lots hud
parcel. of land and "a personal liability Of
thr owner ur uNufI. thereof. from the time
Of such a,.sssmeuis o. shau hs the duiy
of thr tft1 tlarh aifhlu thirty days herr.
after fu make. sign. attest with The seal Of
the city and uIr o. Hluim ur lien for ne
umount due and assessed against each lot
and marcel of land. o. abpvp specified. for
record in the ohre ~ The County tl'fk ~
Brnaiulo Commit, and all purchaser. mort.
parcels Of land shall tke the same suhlert
10 such lien and such lien. when delinquent.
nWNI Rave NMN fNff' nl n MNINHNhf. NWN NNNN
ne ioreclustd boo the maunst NOW provided ny
statute or a. may ht hereafter provided Tor
the foreclosure Of moriEaErs "n real estate.
when .aId assessments uud the iuHtali"lsnia
thereof aud the interest rhtrtuu have been
paid In full. DO shall hr Che duty of The sath
Guy CLERK Go release and discharsr the said
lien and liability.
Section . 10 evidence the liability ~
fhr aid UNnrrs Hnd their property for paN.
msnt II tho asarssmHrts hrrrin sprriHed. the
ttt tun.mlsa."n stHI have power aud t
.U.n a.. D.. NAH. D.. ...U. .H .WH.. Ia. HH
issued 60 tho b. pasu Htultiig company ur
&c., assign. BOO th, maine % the ttt}. assign
able certificates declaring such LIABILITY. utf
curhtoly describing the property covered by
zach asrsrmtnt and uaminE che owner OF
said property The slid aHrlEnHhlr 'rr-
stallm.ut.. 90, hr.t being due and payable
one year after this ordinance becomes vis
t]egti' end ono Gr,ns one nnd paya9ig orc
are fuily paid The said vrftihratrs shail
bear Interest a. ths rate of sN lbD per
Of Ms; "agn,d ' "S iR, i.} aa; ""ff S,]oSyy,n,6r5' 10
rHrh .HHr Sand ussiEnahle certificate shan
D., signed by lhr mayor uf ,Hid 'it' 'oan.
t%ersigurd by The ,iy treasurer scaled Win
the seal NJ the Cuty and aitust"d by th"
riy olsrh sud shall b" in the ioru pre-
s,rihcd 10y the ordinance uf .aid city here
heretofore completed nnd accepted
section q The said assignabls CERTIFICATES
shall hr delivered Go che ~ fHsu biiulithir
Company OF ~ ]1.slEns 10 agcgrdHnrs WIN
n. W"H -'-' "' -"-|
ing OF the tity Commission hrrrtoforr 90
hereafter adopted The sad " fHsu ktus
hthic company CO. us a-slAns shul have tho
right and privilege ~ exchanging said 90
airuublr srTtihrntrs FOR paving bonds in con
Vruiput denomination. tu be- issued hy the
CHS pursuant 90 Ordinance Nu. 90. adopted
npd approved on the i2th day uf November,
a u 1919 Upon such exchange. b. shall
hr che duty ~ 10, tts Treasurer 90 retain
possession ~ the said hsstgnHhls certificates.
10 receive and disbursr an phymruts made. 10
endorse on each certificate The amounts paid
thereon. both principal and interest and to
releas, aud discharge the lien aud liability
upon pHE mrnt ut The iai pssarri due. -
Aforesaid al boz accordance With the urdi.
urueys of the tify and Huy other provisions
that have hc'n "f mHy Do" required Wy the
section An ordinance or rc,olutions.
or parts thereof m conflict with the prn.
visions ~ this ordinance. are hereby 70.
prnlHd. After said nsniEuunlr certificates arc
i.sued this ordinance shall De- and remain
interest thereon shall be- fully paid salts,
lied nud discharged as herein provided.
section This ordinance s hereby de,
tlhfrd 10 be- uN emergency measure On the
ground of urstut publir need. aud there
fore nuuHdiutrly upon be- hual passage. shall
le recorded in ,hr nooL of driinalses of
tAid titl krpt for that purpose authenticated
hv thr signature Of thr Chairman ui the
city Commission and rA-omclu Mayor. and
the city CLERK. rhall be- published iu The
Albuquerque Evening Herald. the umCial
nov paper Of said city aud shall be- Joe full
force and effect hye days after such pubii-
cation.
ras,ed. adopted sisued and approved this
18th day ~ February. 1920.
WALTER n CnNNELt.
Chairman Ciy Commission, agd
Ia omrio Mayor