Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-07-20

West Courtney Street and Hit Street
IN the city OF Ottawa Illinois. and
for the construction OF a brick pave.
mont with concrete base ON what Is
known as the hill on Spring Street
In the city of Ottawa, Illinois, there
are hereby authorized to be issued
twenty t2Ol paving bonds OF One
Thousand Dollars (SlOOO0OD each,
each To be dated August LIST, 1922, each
bearing interest evidenced by cou.
pons at the rate Of five ca per cen,
tum per annum, payable semiannual.
ly. Two Thousand Dollars (S2,0000O)
in amount of said bonds shall become
due on the first day of August of each
of the years of 1928, 1924, 1925, 1926,
1927, 1928, 1929, 1880, 1891 aud 1882.
Section . The bonds hereby au.
,horiaed shall be substantially in the
following form;
United States of America, state of
Illinois, city of Ottawa.
No, '....,.t,,.,,,,
West Courtney Street aud Hit
Street and Spring Street hin Bonds
Sl,000.00.
Know all men by these presents
that the city OF Ottawa, In the Coun.
~ OF La Sale and State of Illinois.
acknowledges to owe and for value
received hereby promises to pay
To bearer one Thousand Dollars
tSlO00.00) on the first day of August,
H., with interest thereon from the
date hereof az the rate of FIVE 60
per centum per annum, payable semi
annually on the first day of August
and OF February in each year on pre-
scntation and surrender OF the annex
interest coupons as they severally be.
come due. Both principal and in.
terest OF this bond are hereby made
PAYABLE in gold coin of the United
States of the present standard OF
weight and inoueSs at the First Ma
'iona Bank in the City OF Chicago,
Illinois.
This bond is one of series of like
tenor except maturity issued for the
purpose OF constructing concrete
road way on West Courtney Street
and Hit Street in the City of Otta.
wa, Illinois, and for the cmStrud
ton of brick pavement with con.
crete base on what is known as the
hill on Spring street in the city Of OF
tawa, ILL.,, under the authority OF Chap
ter ANlV OF the Revised Statutes OF
the State of Illinois, and of an ordi.
nance of the City OF Ottawa duly pas.
sed. and is further authorized by an
election duly called and held.
1t is hereby certified aud recited
that all acts, conditions and things
required to be done precedent to and
in the issuing Of this bond have been
done, happened and been performed
IN the regular and due form as re.
CURED by law, and that the total in
debtedness of the City OF Ottawa, in.
GLIDING this bond. does not exceed
the statutory or constitutional limi.
tations.
In witness whereof the City of OF.
tawa, Illinois. has caused this bond
TO be sealed with its corporate seal,
signed by it's mayor, attested by its
clerk. and has caused the annex in
terest coupons to be executed by the
fac simile signatures of said officers
this first day of August, 1922.
'..'..'''.''''.t .'..'..'
Mayor
Attest:
Observation-Disclosures. 49,
City Clerk
COUPON
on the first day of August-February
H.. the City of Ottawa, Illinois,
promises to pay to bearer .,.......
................ Dollars
tS..........,....)i in gold coin of the
United States at the First National
Bank in the City of Chicago, Illinois,
for interest due that day on its West
Courtney Street and Hit Street and
Spring Street Hill Bond dated ....
'''.'''.. '.'.,.'''.,., b..
ANb.
..'.....,.,..... ,',,..........,.,,.
Mayor.
Attest:
''..''.'.N'''. ...,........ ....... d.
CitY Clerk