HomeMy WebLinkAboutOrdinance 98- 176 Directs Form of Water Works Bonds - 1899
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Ordinance Nt). 176.
An ardlnH.nce directing the farm aT the
$165,000.00 water W:!lrks bands. .
Be it ardained by the City Cauncil ot
the City af Bazeman:
SEcnaN I.-That the bands issued
pursuant to' the vate af the tax.pa~ers
af the City at llozeman, Montana, on
the :lth day of Octaber, 1898, far the
purpase af purchltslng, extendillg and
Improving the Water Warks plant at
the 13elZeman Water W:?rks Company
and pursuant to' Ord,lllance NO'. 170, ot
tbe said city, sbalf be iuthe jallawing
farm, ta-wit;
NO'. United ::ltates af America. $1000.
State af Montana.
City af Bazeman.
W aterW arks Ban.ds.
Baztoman, Montana, I
J anullry 1st, 1899, \
Knaw All Men By These Preseuts;
That the City af !3azeman, a municipal
carparation af the state at Mantana,
for value~ received will pay tu the bolder
hereaf ane thausand ($1000) dallars, in
lawfullllaney of the UmtedStates af
America, at the office af the City TrellS'
Urolr In tbe 9ity of Bozeman, Mantana,
. ur.' at.the aptian af the halder at same
Qank in the City af New. Yark to' be
designated by the said City Treasurer
at Bazel(lan an thll first day at,Janu-
ary, 1919, with interest tberean .at the
rate af .five per cent, per annum, pay.
~ble semi-annually all the llrst days af
,,~ulyy.nd January in each year an the
presen tatian and Hurrender af the cau.
pans llereto attached ,!-s they severally
became due, at the TreaSllrel"S affice.ill
'the City of Bazeman, ar at the aptlOn
af the hl)lder thereaf,'at same bank iu
tbe City af New York, to' be designated
by the'afaresaid City Treasurer. ::laid
caupans are numbered seriatim fram
ane to' ~ bath illclustve, and bear the
numb~r at this bond.
This bond is anll',af a series af ane
bundred aud sixty.five (165) bonds all
af the same tenor and date numbered
consecutively fram. one to' anll hundred
sixty. five Inclusive, eqllaHysecured by
the credit Of the City. And issu~d far
thepllrpase of pUl'llhasing water warks
far the City af Btizlmlf'n, under the
r.utbarity af ::lectlan'4800af the Paliti.
cal Cade af till" state af Mautana as
amended by au act af the Illgislative
assembly of Mantaua, knawn as . nse
bill ~ a, 203, appravlld March ,1897,
and uuden,autharity af an act at said
legislative' assembly appraved March
6th 1897 knawn as hOuse bIn .N a. 206
and ardl~ance NO', 170 af the said Oity
af Bazeman, llppravedfugust 1~.th,
1898. \..'
The said City t~~erves the rlgb~. to'
pay and fl~tirll sald.bands at any time
after January 1st, 1909, upan the pay-
ment af the par value thereaf with ac.
crued interest.
In l'esllmany WMreGf and in ac-
cardance with tbe ,requlremel\ts af tbe
statu tes in such case pravlded, tbese
presents have be'!}1 SIJ;n~d by the~,
~layar and Clerk af said City, aud Its
'seal affixed,on this,.." ,day of,... ...,
A. D. 1800,' . -' ... . . . . .. .. .. . .
Attest; '.f." ., .,.. .... "., Mayar,
City Clerk, '
::lEC. 2,-That the number of said
bands mentianed III ::lectian 1 af this
ardlnance shall be aue hundrlld sixty-
five each af the denominatlan af ane
tho~sand dallars,
::lEC. 3'.-That the mterest caupans
attached to' said bands sh.'lll be In farm
as fallaws, ta.wit:
N a. $2~.OO
Tbe City ot Bazeman, Mantana, will
pay. to' the bearer at the afficII af.the
City Treasurer, af said Cit)., iu said
City, ar at the electlan af the balder" at
a bank to' be designated by the CIty
Treasurer in the Olty af New Yark, in
the::ltate of .N ew IYark, an the first
day af, , . . . ... the sum af twenty flve
dollar in lawful mauev at the Uufted
~tates, being thesemi.annual inte~est
af the Water WarksBand, hear.ng
tbis number and datea January 1, 1899.
NO',.......
Attest; .." . . . /. . . . . . ,. . . , . Mayor.
City Clerk.
Each af said bandS sliall have as
many af said caupans attached theretO'
beanng tbe number at said bands as
there are installments af int",rest pay-
able all said band. .
SEC. 4.- This ardlnance shall take
effect fram and after the date of Its
passage and appraval.
Passed, adopted and appraved this
15th day af December, A. D. 1898.
.I, V. BOGERT, Mayar.
GEO. D. PEASE, City Clerk,
.
...~"
"~l;j:.bond is an:~f a series ar
hundred and sixty.five (165) ban~
af the same tellar and date num,
cansecutively fralD ane to anH hul
sixty.live Inclusive, equally secur! Stnte oj'.Mont(lnf7" l
the credit of the City. And ISSIli ) S$.
~~!i:.:~~::~:t~:;~~:'C2:'r;:eI~.. b'ing ft", d.'y'=m,
cal Cade of th~ state af Manta
am\luded by all 1II.ct af the' legl deposes and says t}u~t 1M iN ......~:...
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