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199
<br />
<br />Of ~hh~ ~
<br /> ~ ........ on the principal of said indebtedness, the said sum being not less than one-
<br />
<br />fortieth part ~f th~ amoont of the principal of said indebtedness.
<br />
<br /> The principal of the indebtednes~ in the sum of ~36,©~'0.00 sh~l~ bear interest
<br />from the let da~ of ~eptember, 19~0, at the r~t~ of 5~ per antrum, payable semi-~nnua!~y,
<br />the first inst~llment of interest shel~ be pai~ on the let day o~ ~rcb, 192~, a~d on the
<br />first day of the month~ of September end ~arch thereafter until the whole of sai~ principal
<br />and interest shall have been we~] and truly paid in go~d co~n o~ the United States.
<br />
<br /> The said fifty bonds shall be issued eeparate~ from ~ll other bonds, and shall
<br />
<br />be designated: Street ;mprove~ent Bonds.
<br /> Section ~.
<br />
<br /> The bonds of the city of .?ante Ane shall he,sued and sold in the su~ of ~lO,000.00
<br />for the p~pose of paying the coats of the construction by the city of Santa Aha of Street
<br />~,~ork therein consisting of the constr~ction of cement pavement and a wearing surface upon
<br />that portion of East First Street, a. public street in the city of Santa Ans, extending east-
<br />er~y From the intersection of s~id Eaat Firat Street by Main Street,~al~o a public street
<br />
<br />in the city cf Santa
<br />by ~ein Street, also
<br />Street
<br />
<br /> Ans, extending easterly from the intersection of aaid East ?iret Street
<br />
<br />a public street in said city, to the intersection of said East First
<br />by the westerly rail of the railroad track of the Atchison, Topeka & Santa Fe Rail-
<br />
<br />way Company, in order to catty
<br />Aha, and the cost thereof will
<br />revenue of the said city,' The
<br />
<br />out the objects, purposes and powers of the city of Santa
<br />
<br />be too great to be p~i~ out of the ordinary an~u~l ~ncome ?m.d
<br />said sum of ~'lO,O00.O0 shall be represented by t~,~e~ty-five
<br />
<br />bonds, each dated the let d~v cf $~ptember, 1920, and numbere~ consecutively ~rom one to
<br />twenty-five, both ~nc]usive; each bond i~ the denomination of ~400.00. On the let ~ay of
<br />September, 1921, one of said bonds, being Bond No. l~ in such denomination shall be paid
<br />sn~ an~ually thereafter on the let day of September one additional of said twenty-five bon~s,
<br />in successive numerical order, and of like denomination shall ~e paid, until the whole sum
<br />of ~lO, OOO.O0 shall be well and truly paid in gold coin of the United States, making ~
<br />annua~ payment of ~00.00 on the principal of said indebtedneas, the said sum oeing not less
<br />than one-~ortieth part of the amount of the principal of said indebtedness.
<br />
<br /> The principal of the indebtedness in the sum o f ~lO,OOO.O0 shall bear interest
<br />from the let day of September, 1)20, at the rate of 5~% per annum, payable semi-annually,
<br />tbs first installment of interest shall he paid on the !st day of March, ]921, and on the
<br />first day of the montb~ of September and March thereafter until the whole of said prin-
<br />cipal ~-n8 interest shall have been well and truly pa~ in gold coin of the Unite~ States.
<br />
<br /> The said t,~enty-five bonds shall ,~e issued separateIy from all other bonds, mud
<br />
<br />shall be Street Improve~ent Bonds.
<br />
<br />designated.
<br />Section
<br />
<br />Tbs bonds of the city of Santa Ane shall
<br />for the purpo~_e of paying the costs of the construction by the
<br />work therein, consisting of the construction of cement pavement
<br />
<br /> ~c 0~0.00
<br />be issued and sold in the sum of
<br />
<br /> city cf Santa An~. o~ street
<br /> and a wearing surface upo$
<br />
<br />that p~tion cf Bristol
<br />
<br />fr:m the
<br />
<br />city, to
<br />
<br />*aid city, in order to carry out
<br />end the cost thereof will be too
<br />revenue of said city.
<br />
<br /> Street, a p~blic str.~et in the City of ~.nta Aha, extending ~outh
<br />intersection of s~.id ~ristol Street by West Fifth ~treet, also a public street in said
<br />the intersection of said Bristol Street by t,',e southerly exterior boom, defies of
<br />
<br /> the o~jects purposes andpo~ers of the city c~ ~e~.nt a Aha,
<br /> greet to be p'~id out of the or,~inery en~uel income ~nd
<br />
<br />
<br />
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