The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1921-08-25

Number----.------.---- AmOunt--...-...-...-
UNITED STATES OF AMERICA
STATE OF IDAHO
COUNTY OF SHOSHONE
CITY OF WALLACE
LOCAL IMPROVEMENT DISTRICT
NrTrNFrUrD
IMpROVEMENT

AAnA NV I'M Elm DOND
KNOW ALL MEN BY THESE
PRESENTS, That the City of Wal
lace, in ShOshOne County, Idaho, is
indebted to, and for value received
hereby promises to pay to bearer Gin
sert amount of bond) lawful money
of the United States of America, on
the LIST day of August, (insert year of
maturity of bOnd) with interest there
on from date, at the rate of Z per cent
per annum, payable annually, on the
LIST day of August in each year, on
presentation and surrender of the an
neXed coupons bearing the signature
of the Mayor, City Clerk and City
Treasurer of said city. as they sever
ally become due Both principal and
interest of this bond are payable at
the Office of the Treasurer of the said
City of Wallace, Idaho. and are pay
able out of Local Improvement Fund
of Local Improvement District No. 9,
created for the payment sOf the costs
and expenses for the construction of
improvements in said Local Improve
ment District No. 8, and not other
wise, provided however, that this bond
may be redeemed at any time by pay
ing the full amount of the principal
thereof. together with the interest
coupons hereto attached up to and in
Guiding the coupon first maturing
thereafter.
like date tenor and effect except as to
times of payment and amount of bond
numbered from one to twenty, inclu-
sive, aggregating Six Thousand Eight
Hundred and Forty Dollars (S6,S4000)
issued by the City of Wallace, Coun-
ty of ShoshOne. State of Idaho, for
the purpose of paying the costs and
expenses of improvements in said
Local Improvement District No g.
pursuant to Ordinance No. 142, duly
and regularly passed by the Mayor
and Council of said city, on the goth
day of April, 1920. and Ordinance No.
143, duly and regularly passed by the
Mayor and Council of said city, on
the 18th day of May, 1920 and Ordi-
nance No 145, duly and regularly
passed by the Mayor and Council of
said city on the 23rd day of June.
1920 under and by authority of and
in full accordance and compliance
with the general laws of the State of
Idaho and especially Section 223S of
the Revised Codes of Idaho as amend
ed by the Legislature of the State of
Idaho by an act approved March Is,
1915, the 14th subdivision of para
graph sixth, which is as follows:
THE holder of any bond issued
under the authority of this sec
ton shall have no claim therefor
against the City or Village by
which the same is issued in any
event. except from the collection
of the special assessment made
for the improvement for which
said bond was issued but his
remedy, in case of non payment.
shall be confined to the enforce
ment of such assessments A
copy of this sub division shall be
plainly written, printed or en-
graved on the face of each bond
so issued"
And it is hereby certified. recited
ind declared that all acts, conditions
md things required to be done prece-
lent to and in the issuing of said
ponds, have been properly done, have /
happened and have been performed
n regular and due form, as required
" law, and that the said Indebtedness
'oes not exceed any statutory or con-
titutiOnal limitations.
For the collection of the assessment
evied in said Local Improvement
District No. 9 the City of Wallace.
'ounty of ShOshone, State of Idaho,
ereby pledges itself to use its best
ndeavOrs and energies
IN TESTIMONY WHEREOF. We
he undersigned officers of the City |
Wallace, County of Shoshone, State
I Idaho, being duly authorized to ex- 1
cute this bond on behalf of said city
ave hereunto signed our names Off
tally and caused to be affixed the Of S
cial seal of the City of Wallace, as ;
the LIST day of August, 1921. II
Mayor.