The daily star-mirror. (Moscow, Idaho) 1911-1939, 1923-01-13

ISL Jay VI lNOvCAADOAJ AcoAt r. - ~~~SN
: that whenever there shall be suffici-
i nt money in the Local improvement
: Fnnd of Local Improvement District
No. 10, over and above the amount
sufficient for the payment of interest
on all unpaid bonds to pay the prin-
cipal of one or more bonds, the trea-
surer shall call in and pay such
bonds. This bond bear interest from
date at the rate of six and one half
i61b) per cent per annum. payable
ANNUALLY. commencing on the 1st day
of August, 1924, and on the LIST day
t of August of each year thereafter I'M
til the last, payment which shall ma
. Iture on or before November 1, 1882,
on presentation and surrender OF the
, annexed coupons, bearing facsimile OF
, the signatures of the Mayor, Clerk,
land Treasurer of said City, as they
lseyeralIy become due. Both principal
land interest of this bond are payable
at the office of the Treasurer OF the
jCitv of Moscow, Idaho, and are pay
able out Of the Local improvement
Fund of Local improvement District
4 No 10. created for the payment OF
the costs and expenses for the con-
struction of improvements in said
Local Improvement District No. IL,
and not otherwise.
This bond is one of a series OF
bonds of like date, tenor and effect,
except as to denominations and time
of payment, numbered consecutively
from /. to 81 inclusive aggregat1ng
ififteen thousand one hundred and
sixtv-two and 98-100 Dollars, issued
bv the Mayor and Council OF the City
of Moscow Idaho, for the purpose OF
paving the costs and expenses OF the
improvements in said Local Improve
ment District No 10, pursuant to Ord
nance No. SOB. duly and regularly
passed by the Mayor and Council OF
said City, and published on the 23rd
day of March, AID, 1921, and the 26th
day of March, AID, 1921, and Ordln-
ance No 505, of said City, duly and
regularly passed by the Mayor and
Council of said City, and published
Ion the 26th day of April. 1921, undeE
and by authority of and in accordance
and full compliance with the general
laws of the State of Idaho, and
especially Section 1925 of Article
of Title so of Chapter 163 of the Com
piled Statutes of the State of Idaho,
AID. 1919, which is as follows:
"The holder OF any bond issued
under the authority of this section
shall have no claim therefore against
the city or village by which the same
lis issued, in any event, except for the
the collection of the special assess
ment made for the Improvement for
which said bond was isseud, but his
remedy in case of non-payment shall
be confined to the enforcement OF
such assessments copy OF this
subdivision shall be plainly written,
printed or engraved on the face OF
each bond so issued"
And it is hereby certified, recited
and declared, that all acts, conditions
and things required to be done pre-
cedent to and in issuing of said bonds,
in regular and due form, as required
by law has been done, and that said
indebtedness does not exceed any
statutory or constitutional limitations.
For the collection Of the assess
ments in said Local improvement Dis
trict No. 10, the City of Moscow,
County of Latah, State of Idaho,
hereby pledges itself to use its best
endeavors and energies.
In testimony whereof, we, the under
signed officers of the City of Moscow,
County Of Latah, Idaho, being duly
to execute the Bond on be-
ldll VI Tic OlCy, udFO ACA OuA1o
signed our names officially, and
caused to be affixed the official seal
of the City of Moscow, as of the 1st
day of November 1922.
Mayor.
Attest:
Clerk
Countersigned:
Treasurer.
SECTION g.
For the purpose Of paying such
bonds and the interest thereon, that
there be and is hereby levied a tax
and special assessment upon all the
.racts and parcels of land included in
Local Improvement District No. Is and
described in the assessment roll and
his ordinance, for the improvements
n such district, and upon and
lgainst each tract and parcel of land
n such district for it's propOrtionate
hare of the cost and expense in
cured for the construction of such
as provided in Ordin-
lnce No. sos for and in the amount
pecified in the assessment roll now
IN file in the office of the Clerk of
he City of Moscow and in this Ord
nance, for such improvements, upon
nd against each tract and parcel of
and described in such assessment
oil, and for the amount of the assess
nent against and upon each of said
racts and parcels of land as therein
nd thereby shown.
SECTION Z.
That said assessments may be col
ected by the Treasurer of the City
f Moscow, or by him certified to
he Tax Collector of Latah County for
objection at the same time that the
svy of taxes for general purposes Of
ne City Of Moscow are certified to
uch Tax Collector.
SECTION 8.
The Mayor of the City of Moscow
hereby authorized and empowered
, execute said bonds, the Clerk of
aid City to attest, and the Treasurer
, countersign the same. and that said
onds be issued and delivered to The