The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1928-09-14

Dy Seml-dnnudl lntereS
coupons thereto attached. bearin
, the engraved facsimile signatur
of the Mayor and Clerk, and whe,
so executed such coupons shall b
the binding obligations of tn
City according to their import.
Section S. Said bonds and cou
pons attached thereto shall be il
substantially the following form:
UNITED STATES OF AMERICA
STATE OF MONTANA
COUNTY OF ROOSEVELT
CITY OF WOLF POINT
REFUNDING CITY BOND
$1,000
No. $500
The City of Wolf Point, in the
County of Roosevelt and State Of
Montana, for value received, here
by acknowledges itself indebted
and promises to pay to bearer the
sum of
ONE THOUSAND DOLLARS
FIVE HUNDRED DOLLARS
in gold coin of the United States
of America, of Or equal to the
present standard of weight and
fineness on the first day Of Sep
TENDER, A. d. ID, with interest
thereon from the date hereof at
the rate of five and one-quarter
per centum (5A R) per annum
payable semi-annually in like gold
coin, on the first day of January
and the first day of July in each
year, and at maturity, as eviden-
ced by the interest coupons hereto
attached, both principal and inter
est payable at the office of the
City Treasurer in Wolf Point,
Montana, or at the Banking House
of the National Bank of Commerce
in the City and State of New
York, U. S. A., at the option of the
holder, upon presentation of this
bond or said coupons respectively.
This bond is Issued by the City
of Wolf Point for the purpose of
refunding redeemable, optional
and outstanding valid bonds of
said City in a like amount, under,
by virtue of, and in full conform
ity with the provision of Section
52S8 Revised Codes of Montana of
1921, and all acts thereunto en-
abling, and pursuant to an ordin-
duly adopted by the Council
said City and effective prior to
The issuance of this bond.
1t is hereby certified, recited
and warranted that said City has
been for many years past and is
now a body polite and corporate,
With the general powers of a mum
cipal corporation, duly organized,
and operating as a City
lnder and by virtue of the consti-
.ution and general laws of Mon
ana, and is now and always has
,een under the control of a Mayor
md duly organized Council as the
luly constituted corporate author
ty thereof; that all things, acts
md conditions required by the
constitution and laws of the
State of Montana to exist and to
and be done and performed
'recedent to and in t~heissuance of
his bond in order to constitute
he same a valid and binding obli-
alton of said City, do exist and
happened and been done and
in regular and due
orm and time; that the total in
ebtedness of said City of Wolf
'oint, including this bond, does
OF exceed any constitutional or I
tatutory limitation, and that the S
otal debt of said City is not in
reased by the issuance hereof; s
nat the indebtedness hereby re ]
lnded was legally created and |
-ithin all debt limitations at the
me same was incurred; and
lat provision has been made for S
lie levy, assessment and collec- ]
on of a direct annual ad valorum G
x on all of the taxable property S
said City, in addition to all t
her taxes, to create a fund suf t
cient to pay the interest accru-
g upon this bond promptly when p
Id as the same becomes due and l
establish a sinking fund with l
hich to discharge the principal 1
ereof at maturity. /
The faith, credit and all of the /
xable property of said City are 1
'reby irrevocably pledged for the L
Inctual payment of the interest i
d the redemption of the princi- Il
! of this bond respectively as the L
me become due and are payable 1!
aforesaid. 1!
In Witness Whereof, the City of 1!
off Point of Roosevelt County. 1!
~ontana, by it's Mayor and Coun- 1!
/, has caused this bond to be Is
med by its Mayor and Clerk. Is
d sealed with its corporate seal, Is
d has caused the annexed inter- Is
coupons to be executed with A
: engraved facsimile signatures 81
its said Mayor and Clerk, this ca
st day of September, A. D., Pi
q. te