Imperial Valley press., 1925-04-10
Legal advertisement

stitutionaI provision without the
Governor s approval, February %,
1901, and all acts and parts of acts
amendatory thereof or supplement-
airy thereto, and in accordance with
the ordinances of said City, and the
laws Of the State of California;
said bonds to be thirty in number
ten of said bonds to be of the de
nomination of One Thousand Dollars
100000 each, ten of said bonds
to be of the denomination of Five
Hundred Dollars ($500.00) each, and
ten of said bonds to be of the de-
nomination of Three Hundred Dol
lars (f300,OO) cach-shall be dated
the first day of June, 1928, and
sold for not less than their par
valuc, to provide money for the ac-
QUESTION:, construction and compile
tiou of the municipal improvement
described in said Proposition No. >;
that said bonds shall be numbered
eonsecutivcly one to thirty, both in
elusive, according to the date of
maturity, commencing with those of
earliest maturity-Onc of said bonds
of each Of said denominations to
mature each year subsequent to
their date until all OF said bonds are
mature; that on the first day of
June, 1926, one bond of each of
said denomination being the bonds
numbered one, two and three, re-
spcctiyely, shall mature, and there
after one bond of each of said de-
nominations as numbered eonsecu
lively shall mature on the first day
of June of each succeeding year,
until the first day of June, 1885,
when the last three Of said bonds
shall mature.
SECTION Y. That all sums un-
paid upon said bonds shall bear
interest of tho rate of six per
centum (6G6) per annum until ma
turitv, interest commencing ON the
first day of June, 1925, and all
accruing interest shall be paid on
the first day of June and the first
day of December Of each succeed
ing year.
SECTION VI. That all sums due
upon said bonds whether prilcipal
or interest shall be payable ut the
timGS therein provided at the of
flee of the City Treasurer of the
City Of FL Centre, County Of I'M
pcrial, State Of California, which
day and place shah be specified i'll
said bonds and the coupons thereto
attached. .-.--.z.-
SECTION VII. That bonds of
the City of FL Centre in the sum
of Four Thousand Five Hundred
Dollars ,($4,560.00) be issued in ac-
cordance with the provisions Of said
act Of the Legislature of the State
of California which became & law
under constitutional provision with
out the governor S approval, Feb
ruary %, 1901, and all acts and
parts of acts amendatory thereof
or supplementary thereto, and in
accordance with the ordinances of
said City, and the laws of the State
of California; said bonds to he ten
in number Of the denomination of
-Four Hundred Fifty Dollars ($450,-
OO) each, shall bu dated the first
day Of june. 1925 aul sold for not
i less th"n their var value 10 provide
money for the acquisition. construc-
tion and completion Of the munici-
pal improvement described in said
Proposition No. 3; that said bonds
shall be numbered conseeutiyely
one to ten, both inclusive accord
ing to date of maturity, commenc-
ing with the one of earliest matur-
ity; that on the first day of June,
1926 one of said bonds, being the
bond numbered one, shall mature
and thereafter one of said bonds
as numbered consccutively on the
first day of June of each succeeding
year, until the first day of June,
1859 when the last ono of said bonds
shall mature.
SECTION VIII. That all sums
unpaid upon said bonds shall bear
interest at the rate of six per cent
UNI (6%o) per annum until maturity,
interest commencing on the first
day of June, 1925, and all accruing
interest shall be paid on the first
day of juno. and the first day of
December of each succeeding wear.
SECTION IN. That all sums due
upon said bonds whether principal
or interest shall be payable 1T the
times therein provided at the of
flee of the City Treasurer of the
City Of FL Centre. County OF In
pcrial, State Of California;, which
day and place shall be specified in
said bonds and the coupons there
to attached.
SENTlON y. That bonds Of the
City of FL Centre in the sum of
Three Thousand Five Hundred Dol
lars (S3,500.00) be issued in ac-
cordaucc with the provisions Of said
act of the legislature of the State
Of California which became law
under constitutional provision with
out the Governor 5 approval, Feb
ruary %, 1901, and all acts and
parts of acts amcudatOrv thereof
-or supplementary thereto, and in
accordance with the ordinances of
said City, and the laws of the State
Of California; said bonds to DC ten
IN number of the denomination of
Three Hundred Fifty Dollars (S350.-
COZ each, shall be dated the first
day Of June, 1928 and sold for not
less than their par value to pro
vide money for the acquisition,
construction and completion Of the
municipal improvement described
in said Proposition No. + that said
bonds shall hc numbered consccu-
lively one to TN, both Inclusive
according to date OF maturity, COM