The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1923-01-04

ally the following forms, respectively
to wit:
UNITED STATES OF AMERICA
State of Idaho County of Bingham
CITY OF BLACKFOOT
Local Improvement Bond
For Paving Improvement District
No. "a
KNOW ALL MEN BY THESl
foot. of Bingham county, Idaho, ack
nowledges itself to owe and for valu
received hereby promises to pay to tn
| bearer hereof the principal sum o
FIVE HUNDRED DOLLARS
on or before November l, $780,, to
gether with interest on said sum iron
the date hereof until paid at the rat
of seven Cd per centum per annum
payable semi-annually on the frs
da ys-of May and November, respect
| lively. in each year, as evidenced b,
and upon the presentation and sur
render of the interest coupons heret
attached, as they severally becom
due; and both the said interest on an
principal of this bond are. hereby mad
States of America Of or equal to. TIL
present standard of weight and fine
ness at the office of the City Treasure
in Blackfoot, Idaho, or at the Nationa
State of New York, U. S. A.. at thu
| option of the holder out of the loca
improvement fund heretofore created
for the payment of the costs and ex
penses Of the improvement in loca
| Improvement district No. "a, in Sait
city and not otherwise.
This bond is issued by said city fol
the purpose of providing funds for ths
payment of the costs and expenses O.
constructing, paving and other Incl,
dental improvements in and for sale
suant to, under, by virtue of and II
| all respects in full and strict com.
| pliance with the constitution anc
article 6 of chapter 1852, compiled laws
supplementary thereto and amenda-
tory thereof.
And it is hereby certified, recited
and warranted that said city is now
of said state, and body polictic and
corporate, duly organized, existing
and operating under and by virtue OF
the constitution and laws of the State
of Idaho, and is now and always has
been under the control of duly or
ganized mayor and city council as the
duly constituted corporate authority
thereof; that all things, acts and con
and laws Of the State of idaho and
the ordinances of said city to, exist
and to happen and be zone and per-
formed. precedent to and IN the crea-
ton of the said Local Improvement
District No. "a, and the construction
of the improvements therein and
in order to constitute the said bond
the valid and binding obligation of
said city, and payable as aforesaid, 90
eone a and in regular and
due form and time; that the total
costs and expenses of said improve
ment have been duly levied and as
sessed as special assessments for local
improvements upon all the lands, lots
and pieces and parcels of land in said
Local Improvement District No. "a,
- h ar
taxes, and said special assessments
are a lien upon said lands, lots, and
pieces and parcels of land, and take
precedence of all other liens; that due
provision has been made for and said
city hereby guarantees the collection
of said special assessment and for the
levy and collection of a direct annual
tax, sufficient to pay the interest &C
cruing hereon promptly when and as
the same falls due and also to dis
charge the principal hereof at matur-
ity.
In conformity with section 1928 of
the compiled laws of Idaho, it is here
by recited that 1.-The holder of any
bond issued under the authority of
for, against the municipality by which
the same is issued, in any event except
for the collection of the special assess
ment made for the Improvement for
remedy, in case of non-payment, shall
be confined to the enforcement of such
assessments.
"a copy of this subdivision shall be
plainly written, printed or engraved
upon the face of each bond so issued"
This bond is redeemable by said city
on any interest payment date, upon
call of the treasurer of said city made
prior thereto by publication for thirty
500 days in the official newspaper
the delinquency of any in
stallments of the assessments.
IN TESTIMONY WHEREOF, The
City of Blackfoot of Bingham County,
Idaho, by its city council has caused
this bond to be signed by the mayor
IF said city and attested by the clerk
.reasurer, sealed 'i With ia the corporate
seal of said city and recorded by said
Jerk; and each of the twenty (20) in
crest coupons hereto attached to be
signed by the engraved facsimile
signatures of the said mayor, treas
Irer and clerk the first day of Novem- |
Der. A. D. 1920.
SeaD Mayor.