The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-10-25

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1921, and all other amendment
thereto, be and the same hereby is
amended by adding thereto Section
$40 to read as follows.
SECTION $40. (a) For the pur-
pose Of providing additional funds
with which to pay and redeem the
$20,500 City of klamath Falls I'm
provement Bonds, dated May 1, 1911,
numbered - to - which
matured May 4, 1921, together with
the accrued interest thereon, and also
to pay and redeem the City of Klam-
ath Falls Improvement Bonds, dated
October /, 1911, which matured Oc-
tober !, 1921, numbered --------- to
-, aggregating $36,658.51 to-
gether with accrued interest there
on, and also to pay and redeem the
City OF Klamath Falls improvement
Bonds dated April 1, 1912 maturing
April 1, 1922, numbered -------- to
-- aggregating S12,501.56 to-
gether with accrued interest thereon,
the Council Of the City OF klamath
Falls, Oregon, ia hereby authorized
and empowered to issue and dispose
OF general obligation refunding bonds
OF said city In the sum of 965, 100000
in denominations Of $1,000 or $500
each. duly signed by the Mayor and
countersigned by the Police Judge
under the corporate seal of the City,
having semi-annual interest coupons
thereto attached bearing the engrav-
ed fac-simile signatures OF the Mayor
and Police Judge, whereby the City
shall be held In substance and effect
to undertake to pay the bearer. OF
each OF said bonds at maturity there
OF the sum therein named in gold
coin Of the United States Of the pres
ent standard Of value with interest
thereon In like gold coin at the rate
Of six per cent (6%) per annum.
payable semi-annually, said bonds to
be known as City OF Klamath Falls
Refundins Bonds, said bonds to be
dated November I, 1891, and to ma
ture In not to exceed twenty years
from date Of issue. principal and in
terest to be payable at the Fiscal
Agency OF the State Of Oregon in
New York City.
(b) The debt limitations contain
cd In the charter OF said City shall
not apply to the bonds hereby au-
thorized. 4
(c) Said bonds shall be sold by
the Council as in its Judgment may
be best, and the surplus, II any, over
the amount necessary to redeem the
aforesaid Improvement bonds, deriv-
ed from the sale thereof, shall be
paid into the general fund Of the
City.
(d) The purchaser or purchasers
OF said bonds shall In no wise be
required to see TO the application
OF the purchase money therefor.
RESOLVED FURTHER that this
resolution for proposed charter
amendments submitted to the voters
by the Council be filed with the
Police Judge OF the City OF Klamath
Falls for submission to the legal
voters OF said City, for their rejec-
tion or approval to be voted upon
at a special election to be held as
herein provided:
RESOLVED FURTHER THAT
THE Council deems It advisable and
does hereby and herein call and make
necessary provision for the holding
OF special election which shall be
and hereby is called to be held on
the Sth day Of November, 1921, be-
tween the legal voting hours on said |
date. and that said time be and the |
same hereby is designated as the
time for holding said special election,
and the following polling places In
said City are hereby designated as
the polling places therefor. to-wit:
First Ward, Browns Carpenter
shop, Cor. Main and Center;
Second Ward, City Hail.
Third Ward, Buesing Real Estate
Office;
Fourth Ward. Mills Addition Hall; |
Fifth Ward, Chas. DeLap House,
Cor. Upham and Worden;
Ind the following named persons are
hereby designated and appointed as
Ind for the judges and clerks of said
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