The Meeker herald. [volume] (Meeker, Colo.) 1885-current, 1922-04-22
ORDINANCE NUMBER 1.s

jebtetness on behalf OF the twOn
debtedness OH behalf Of the tonw
jof Meekcr. Colorado. and upon
I the credit thereof, by issuing
\ bonds on said town to the amount
Of twenty-four thousand two hun
dred dollars 1924. 20O) for the pur-
chase Of plant to supply electric
light for said town and its inhab
itants, prescribing the form of
said bonds and providing for the
levying Of taxes to pay the same.
WHEREAS. a majority Of the quail
ifed taxpaying electors Of the Town OF
\ Meeker, voting on the question at the
regular municipal election held April
4, 1922, at the County Court Room. In
the Town Of Meeker. approved of con-
tracing an Indebtedness on behalf OF
the Town and upon the credit thereof
by issuing the bonds Of the Town
In the aggregate amount OF
Twenty-Four Thousand Two Hundred
Dollars ($24.2O0) for the purpose Of
purchasing a plant to supply electric
light: and.
WHEREAS the Board Of Trus-
tees Of said Town does now deem 1t
necessary to proceed to purchase said
electric light works and to issue tho
necessary bonds to provide funds there
for.
NOW. THEREFORE, BE 1T OR
DAMNED By THE BOARD OF TRUS
TEES OF THE TOWN OF MEEKER,
COLORADO:
Section l That the Board Of Trus-
tees of the Town Of Meeker proceed to
purchase, for and on behalf Of said
Town, the present existing plant now
supplying said Town and the inhabi-
tants thereof with electric light and
power.
section2 That for the purpose Of
providing funds for the purchase OF
such system Of electric light works.
the Town shall issue the negotiable
coupon bonds thereof in the aggregate
amount Of Twenty-four Thousand Two
Hundred Dollars ($24.2OO) consisting
sof twenty -four bonds In the denomin-
cation Of one thousand dollars each and
Y two bonds In the denomination OF one
n undred dollars each. payable In law
Y full money Of the United States and
bearing interest from and after the
sbf.eenth day of April, A. D. 1922. at
the rate Of six per centnm per annuin.
payable semi-annually on the fifteenth
NAY of April and fifteenth day Of Oct
ol,er In each year. and evidenced by
coupons attached to said bonds. Said
bonds shall be numbered in regular
l and consecutive order, commencing
4 with number one, and shall be absOl-
}utely due and payable In the order of
ltheir number on the fifteenth day o.
April, A. d. 1897. and shall he REDEEM.
able at the pleasure Of said town. at
4rny time after ten y ars from the date
9Of said bonds. Said bonds shall b
payable at the Office of the Town
4 Treasurer in Meeker. Colorado. or at
the banking house of Kountze BrOth-
jers, in the City of New York. U. 8. A.
1T the option Of the holder. and the
coupons thereto attached shall be pay
She at the banking house Of Kountzc
FHrothers. In the City Of New York. U.
sS. A. Said bonds shall bear date the
fifteenth day of April. A ID 1922. and
shall he signed by the Mayor. attest
ed by the Town Clerk and Recorder
under the Official seal Of said town.
countersigned by the Town Treasurer.
Ind shall Ike recorded In book to he
kept by the said Town Clerk for that
purpose; all coupons shall hear the or
iginal or fac-simile signature Of the
Treasurer Of said town.
q Section 3. Said bonds and the cou-
mons thereto attached shall be In sub
stantially the following form:
UNITED STATES OF AMERICA
a STATE OF COLORADO
County Of Rio Blanco Town of Meeker
No.------- $1,000 or 800
e Meeker Electric Light Bonds
The Town of Mecker In the County
II Rio Blanco and State Of Colorado.
acknowledges itself indebteled and
: hereby promises to pay to bearer
--- Dollars
Unlawful money Of the United States
dAmerica, for value received. on the
l1Deenth day Of April, A. d. 1887. re-
sring the right to pay the same. at
tfC pleasure of said town., at any time
q er the fifteenth day of April, A. d.
~, with interest thereon at the rate
dEsix per centum per annum payable
sni-annually on the fifteenth day Of
1etober and the fifteenth day Of April
itlkach year. upon presentation and
tHfender Of the annexed coupons as
100 soverallv hacame dine the princi