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thereon from the 4th day of February, 1922, to said date. <br /> <br />Bond No. 1 shall constitute annual series No. 1 <br />and shall fall due and be payable on the 2nd day of July, ' <br /> <br />1923, bein~ the 2nd day of July next <br />months after the 4th day of February, <br />bonds. <br /> <br />succeeding nine (9) <br /> <br /> 1922, the date of said <br /> <br /> Bond No. 2 shall constitute annual series No. 2 and <br /> shall fall due and be payable on the 2nd day of July, 1924. <br /> <br /> Bond No. 3 shall Constitute annual series No. 3 and <br /> shall fall due and be payable on the 2nd day of July, 1925. <br /> <br /> Bond No. 4 shall constitute annual series No 4 and <br /> shall fall due and be payable on the 2nd day of July, 1926. <br /> <br /> Bond No. 5 shall constitute annua~ series No 5 and <br /> sbal] fall due and be payable on the 2nd day of July, 1927. <br /> <br /> Bond No. 6 shall constitute annual series No 6 and <br /> shall fall due and be payabHe on the 2nd day of July, 1928. <br /> <br /> Bond No. V shall constitute annual series No V and <br /> shall fall due and be payable on the 2nd day of July, 1929. <br /> <br /> Bond No. 8 shall constit~te annual series No. 8 and <br />shall fall due snd be payable on the 2nd day of ~ly, 1980. <br /> <br /> Bond No. 9 shall constitute annual series No. 9 and <br />shall fall due and be payable on the 2nd day of July, 1931. <br /> <br /> Bond No. 10 shall constitute annual series No. 10 and <br />shall fall due and be payable on the 2nd day of July, <br /> <br /> Bond No. ll shall constitute annual series No. 11 and <br /> <br />shall fall due and be payable on the 2nd d~y of July, <br /> Fourth. <br /> <br /> Ail of the bonds shall be sold to the highest bidder <br />therefor but for not less than their par and accrued interest <br />at the date of their delivery and the ~roceeds of the sale <br />thereof shall be deposited in the Treasury of the City of <br /> <br />Santa Aha to the credit of East <br />Redemption Fund, and from which <br />Curtis, Contractor, the balance <br />warrant for the work done and <br />portion of East First Street, <br /> <br /> First Street Improvement Bond <br /> there shall be paid to Geo. <br /> <br /> due him upon the assessment <br />the improvement made upon a <br /> <br />and <br /> <br />including interest upon the princi-I <br /> <br />pal amount at the rate of seven (7) per cent. per annum from <br />the ~th day of February, 1~, and the surplus of such proceeds, <br />i~' any, shall be credited to said redemption fund for the <br />payment of such bonds. <br /> <br /> If no satisfactory bids are receive~ or the Board of <br />Trustees determine that the biffs received are not satisfactory <br />as to price or responsibility of the bidder, the Board of <br />Trustees reserves the right to reject a~l bids received, if <br />any,and readvertise the bonds for sale, or deliver said bonds <br />to the Contractor in satisfaction of t~e sum due him ~pon <br /> <br /> <br />