Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-07-25

department Equipment BOHuS 10 the
amount of Sixteen Thousand Dollars
(sl6,0O0.00) and providing for the
payment thereof.
Be II Ordained by the Council of
the City Of Ottawa, Illinois:
Section !. That for the purpose OF
the purchasing OF motorized fire
truck and a motorized ladder wagon,
and OF two thousand feet t20O0 ft)
Of hose, there are hereby authorized
10 be issued sixteen (l6) Fire Depart
ment Equipment Bonds of One Thou
sand Dollars ($l.00000) each, each
10 be dated August LIST. 1922, each bear
ing interest evidenced by coupons at
the rate OF five 90 per centum per
'' snnum, payable semiannually. Two
Thousand Dollars (S2,000oo) in
amount OF said bonds to become due
on the first day of August of each Of
the years 1928, 1924. 1925, 1925, 1927
1928, 1929 and 1880.
Section 2 The bonds hereby au-
thorized shall be substantially in the
following form:
United States OF America, State Of
Illinois, City of Ottawa.
NO. ...........s''.
Fire Department Equipment Bonds
100000.
Know all men by these presents
that the City of Ottawa, in the Coun-
ty of La Sale and State of Illinois,
acknowledges to owe and for value re-
ceiyed hereby promises to pay
10 bearer One Thousand Dollars
100000 on the first day of August,
H., with interest thereon from
the date hereof at the rate of five
.6) per centum per annum, payable
semi.annualy on the first day of Aug
ust and Of February in each year on
presentation and surrender of the an
mex interest coupons as they severally
become due. Both principal and inter
est OF this bond are hereby made pay
able in gold coin of the United States
Of the present standard of weight and
fneness at the First National Bank
in the City of Chicago, Illinois.
This bond is one of a series Of like
tenor. except maturity, issued for the
purpose of purchasing equipment for
the Fire Department in said City I'M
der the authority of Chapter XIV
of the Revised Statutes of the State
OF Illinois. and of an ordinance Of the
City OF Ottawa duly passed, and is
further authorized by an election
duly called and held
1t is hereby certified and recited
that all acts, conditions and things re-
quired 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-
quired by law, and that the total in
debtedness OF the City of Ottawa in
Guiding 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 its mayor, attested by It's
clerk, and has caused the annex in
terest coupons to be executed by the
fac smile signatures of said officers
this first day of August, 1922.
....,........'.. ''''.'''
Mayor.
Attest:
Observation-Disclosures.
Civ Clerk
COUPON.
On the first day of Augusta February
10 the City of Ottawa, Illinois
PROMISES 70 pay " peaiei Dot,ar.
s in qold coin Of the
United States at the First Nationa
Bank in the City of Chicago, Illinois
for interest due that DAY on It's hlr'
department i'u'p'"en' ''o'"
......, ..................
400
i No
Z ..,..,..,..''..'.
M'Soi'
Attest: