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1923 (#900-1161)
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1923 (#900-1161)
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Last modified
1/3/2012 12:47:40 PM
Creation date
4/15/2003 9:28:45 AM
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Pre-Charter
Year
1923
Pre-Charter - Doc Type
Resolutions
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after the date of the bonds, provi~e~, that the first <br />pa~.ent of i~terest s~a!l not be until the ~nd day of <br />January, 1924, being six months before the maturity <br />of t}~e first annual series of the bonds. The bonds <br />and interest shall be paid at tt)e office of the Treas- <br />urer of the City of Santa Aaa, in said City, County of <br />Orange, State of California, and upon the presentation <br />of the proper bonds and cou¥ons, out of the redemption <br />fund, sad under no circumstances shall s~id bonds or <br />interest thereon be paid out of any other fund. A re- <br />demptlon fund shall be kep~ by the Treasurer of the <br />City of Santa Aaa designated ~est First Street Improve- <br />ment Bond Redemption Fund, in which the Treasurer shall <br />place all sums received from the collection of assess- <br />ments made for the payment of the cost of the work add <br />improvement upon which the bar, ds are issued and the <br />interest and penalties thereon. <br /> <br /> All of the bonds shall be dated the 12th day of <br />~arch, 19~Z, and shall be numbered consecutively from <br /> <br />1 to 10 inclusive, and shall be each in t~e denomination <br />of <br /> <br /> The fo~ of the bonds shall be sunstantlally as <br />~'ovided by See. 8 of the Improvement Bomd Act of <br />provided, theft the some shall contain the appropriate <br />words and figures to make the said bonds ~nd the form <br />thereof ap¥11cable to rye denomination, annual series, <br />and purposes for ~bich the bonds are to be issued, as <br />herein set forth. <br /> <br />The bonds shall be signed by the Treasurer and the <br />Clerk of the city of Santa Ans. There shall be attach-~ <br /> . <br />ed to each bond ~nterest coupons representing the <br />payments of semi-annual interest accruing and made pay- <br />able u~ou the principal of the bonds to which they are <br /> <br />attached. <br /> <br /> All of said coupons s]~all he <br />of the City of Santa Aaa, but the <br /> <br />signed by the Treasurer <br />Tneasurer~s slgna- <br /> <br />ture may be engroved, printed, or lithographer, on <br />tie interest coupons in place of the Treasurer's signs- <br /> <br />ture by hand. <br /> <br /> ~e interest <br /> ed from 1 upward <br /> represented shall <br /> <br /> coupons shall be consecutively number- <br /> on each bond and the interest thereby <br /> <br /> be paid on the 2nd day of January, <br />and July in each year, commencing with the gad day of <br />January, 192~, provided, that the coupons repre~ent!ng <br />the first payment of interest which shall become due <br />the 2n~ day of January, 1924, being six mop,tbs before <br /> <br />t]e maturity of the first <br />shall be for the interest <br />8th day of January, lg2Z. <br /> <br />annual series of the bonds, <br />accruing thereon from the <br /> <br /> <br />
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