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298
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<br />voting thereat shall have voted in favor of any one or more of the propositions submitted
<br />then the issuance of the bonds mentioned in such proposition or propositions shall be deem-
<br />ed to be authorized and shall be lsBued and sold by the city of Santa Aha for the several
<br />objects and purposes and in the several amounts Of the principal of the indebtedness to be
<br />incurred therefor, as set forth in Resolution No. 657, recited in this Ordinance, and
<br />stated on said ballot, if so authorized, as follows:
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<br /> (a) In the principal sum of $33,000.00 for the completion and improvement of the
<br />municipal water works of the city of Santa Aha, and the sum of $33,000.00 shall be repre-
<br />sented by fifty (50) bonds, each dated the 1st day of September, 1~20, and numbered con-
<br />secutively from one (1) to fifty (50), both inclusive, and each odd numbered bond thereof
<br />being in the demonination of $1,O00.00 and each even numbered bond thereof being in the
<br />
<br />demomination of ~20.00. On the let day of September, 1921, two of said bonds, one in the
<br /> $1,0OO.00 and being bond No. 1 and one in the denomination of
<br />denomination o£/~1320.00 and being Bond No. 2, shall be paid, and annually thereafter on the
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<br />~st day of September two additional of said fifty bonds in like denominations and in suc-
<br />cessive numerical order shall be paid until the whole sum of $33,000.00 shall be well and
<br />truly paid in gold coin of the United States, making an annual payment of $1,320.00 on the
<br />principal of the said indebtedness, the said sum being not less th~n one-fortieth part of
<br />the amount of the principal of said indebtedness.
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<br /> The principal of the indebtedness in the sum of $33,000.00 shall bear interest
<br />from the let day of September, 1520, at the rate of 5½% per annum, payable semi-annually,
<br />the first installment of interest shall be paid on the let day of March, 1~2i, and on the
<br />let d~y o£ the months of September ~ud M~rch thereafter until the whole of said principal
<br />and inmterest shall have been well and truly paid in gold coin of the United States.
<br />
<br /> (b) In the principal sum o£ $45,000.00 for the acquisition ~nd construction in
<br />the city of S~nta Aha of a building for municipal uses and purposes thereof as a Fire Hall,
<br />and the completion of the fire apparatus of the city of Santa Aha, and the sum of $45,000.00
<br />shell be represented by fifty (50) bonds, each dated the let day of September, 1920, and
<br />numbered consecutively from one (1) to fifty (50), both inclusive, and each odd numbered
<br />bond thereof being in the denomination of $1,O00.00 and each even numbered bond thereof
<br />being in the denomination of $800.00. On the let day Of September, l~21, two of said bonds
<br />one in the denomination of $1,0OO.00 and being Bond No. l, ~nd one in the denomination
<br />of SgO0.O0 and being Bond No. 2, shell be paid, and annually thereafter on the let day
<br />of September two additional of said fifty bonds in like denominations and in successive
<br />numbelcal order shall be paid until the whole sum of $45,000.00 sh~ll be well and truly paid
<br />
<br />in gold coin of the United States, making mn annual payment of $1,800.00 on the principal
<br /> said
<br />of the/indebtedness, the said sum being not less then one-fortieth part of the amount of the
<br />
<br />principal of said indebtedness.
<br />
<br /> The principal of the indebtedness in the sum of $45,000.00 shall bear interest
<br />from the let day of September, 1~20, at the rate of 5~ per annum, payable semi-annually
<br />the first installment of interest shall ~e paid on the let day of ~arch, l~21, and on the
<br />let day of the months of September and ~arch thereafter until the whole of said principal
<br />and interest shall have been well ~nd truly paid in gold coin of the United States.
<br />
<br /> (c) ;n the principal sum of $28,000.00 for the completion and improvement of the
<br />general sewer system of the city of Santa Aha, and thesum of $28,000.00 shall be rep~
<br />
<br />· esented by fifty (50) bonds each dated the let day of September, 1920, and numbered con-
<br />secutively from one (1) to fifty (30), both inclusive, and each Odd numbered bond there-
<br />of being in the denomination of $1,000.00 ~nd each even numbered bond thereof being in the
<br />
<br />denomination of $120,00, ~r~-~..~'~.',I,. ~..,~.~ ~...-.~.-~.-~' ~ond *~ ~'~"~-~"' ~ ~ .... ~"'~ ~
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