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Show BEAR RIVER VALLEY LEADER, THURSDAY, JANUARY 24. PAGE TWO 1935 as of America, designated to accept the the delivery under like circumstances ply system of said City. As long on BEAR RIVER VALLEY LEADER AN ORDINANCE PROVIDING FOR j aggregate principal amount of same, and receive in. payment thereinterest or of n a number-INof bit the of instrument be REPAIR-(teeprincipal pay any negotiable any IMPROVING AND ($16,000) Dollars, to out- for the principal amount thereof plus is Entered at the I'ostoffice at issued herein Bonds THE EXISTING WATER- i ed consecutively from one to sixteen, to bearer; (b) the obligor uid any any of the be accrued interest to the date of Utah as Second Class Matter. WORKS SYSTEM; PROVIDING both Inclusive, and to be payable agent of the obligor may ticat tnt standing, the Income Fund shall Be- ment and to do any and all payherein as provided. things absolute administered as One Thousand rate of of this Bond the bearer the at AND SALE Published at Tremonton, Utah, on THE ISSUANCE ially which may be required by the said OF REVENUE BONDS TO DE- ($1,000) Dollars a year commencing owner hereof for all purposes ana fore any of the monies in suchin fund Thursday of each week. United States of America to consumFRAY PART OF THE COST in the year 1935, and ending in the shall not be affected by any notice is used for any other purpose ' any mate the sale of such Bonds. be paid: Subscription Rates ot shall to there be to bond the the each of month FOR the PROVIDING 1950, (c) principal contrary; year THEREOF; be The proceeds from the sale of the $2.00 One Year (in advance) and the interesc 011 this bond wnl be THE DISPOSITION OF THE IN- denomination of OneThousand (1) Into a separate account to Bonds shall be deposited, promptly Sys"Water 1.00 as Supply the ot the be each $ bonds shall Bond Such this and and known Dollars. COME OF THE. ENTIRE SYSTEM; Six Months (in advance) paid the upon receipt of such proceeds, in Maintenance and are tem Operation REPEALING ALL UKLHNAINUlS payable in any coin or currency coupons appertaining thereto Three Months (in advance) - - - - 50 f account or accounts in a Fund of Tremonton City" (herein a separate OR PARTS OF ORDINANCES IN which, on the respective dates of pay- transferable, free from and without which are members of and AND ment thereof, is legal tender for the regard to equities, called the Operation and Mainte- bank or banksReserve CONFLICT HEREWITH sufficFederal the amount System and of an tne and nance and of the between OR Fund") FIXING THE TIME SUCH public obligor private debts, payment Deposit Insurance Corient to pay all reasonable expen- the Federal DINANCE SHALL BECOME EF shall bear interest from and after the original or any Intermediate holder ses of operation and maintenance oi poration, and the City Treasurer is first day of September, A, D. 1934, hereof; (d) the surrender to the obFECTIVE. The hereby authorized and directed to deot centum or of the of four rate the system for such month. Mainthe at obligor per any agent ligor The only place ia the U. S. wbete caUloji eh d and posit such proceeds in such bank or the line in WHEREAS, Ordinance, of btwincw ot adopted monies covo-the of by each and Operation Bond this coupons any dvcitiairik mult per annum, payable banks. used be only shall or product can BSobauiei frmm tad Without and approved by the City Council of such interest shall be payable in like shall be a good discharge to the obFund tenance Library. Obtigtttoa u tli American Industrial on the 14th day of money on the first days of March and All monies in such special account of the same. for the payment of the legitimate ligor Writ lor Bukmm Advertiamt' Matter you are Tremonton City maintenance accounts shall be used solely for and or ano of costs recited interested in; same will be promptly forwarded. August, A. D. 1934, and recorded and September in each year, and shall be is operation certified, It hereby the improvement and repair of the of the system and the reasonable AMERICAl IROBSTRIAL LIBRARY published as required by law, a spec- evidenced by coupons attached to declared that all things essential to reial election was ordered to be held such bonds; and such bonds shall ma- the validity of this Bond exists, have expenses of any betterments or the existing waterworks system of the KaLmerlna BeiMiai. Ckieeao, UUla in the said City on the 18th day of ture serially, the bond numbered one happened and have been done ,ana City, as described in Section One placements necessary to keep same in good repair and working hereof, including any architectural, September, A. D. 1934, for the pur- on September 1, 1935, and the re- that every requirement 01 luv affect pose of submitting to the qualified mainder of such bonds in numerical order. the issuance hereof has oeen duiy engineering, legal and other expenses electors of said City who had paid a order, one bond each year, until and ing with. (2) Into a separate account to be incidental thereto, and any unexpendcomplied I property tax therein in the year pre- including the year 1950. known as the "Water Supply Sys- ed balance therefrom, together with IN WITNESS WHEREOF, Tretem Bond and Interest Sinking any accrued interest from the balance ceding said election the following Said revenue bonds shall be payable monton City hag caused this Bond to Fund of Tremonton City" (herein of such bonds, and such part of any question; from the net revenues derived be signed by its Mayor, countersign- solely the grant as may be made by the United "Shall the coupon bonds of Tre- from the operation of the entire wa- ed by its Treasurer and its corpor-- j called the "Bond Fund") monton City, Box Elder County, ter supply system of Tremonton City. ate seal to be hereto affixed, attested amount herein required to be paid States of America which It may re83 well as to yourCountry Utah, in the sum of Sixteen Thous- Such net revenues shall be deemed to by its City Recorder, and has also into the Bond Fund in such month. quire so deposited, shall be paid into and ($16,000) Dollars which shall be the gross revenues of such system, caused the annexed coupons to be shall be paid into the Bond the aforegaid Bond Fund hereinbefore There mature serially and be payable an- - after deductions only for the cost of authenticated by the facsimile signaequal provided for. Provided, that any unFund, in approximately makOne Thousand operating and maintaining the sys- ture of said Treasurer and this Bond of rate the at installments nually (after monthly expended balance remaining in such PATRONIZE YOUR in($1,000) Dollars a year commencing tem and the expense of any better- to be dated as of the first day of above account after the completion of the payment the required ing in the year 1935 and ending in the ments or replacements to keep the September, A. D. 1934. LOCAL MERCHANTS to the Operation and Maintenance project, shall be paid into the Bond year 1950, be issued and sold for same In good repair and working orISRAEL HUNSAKER, Jr. Fund,) an amount equal to one Fund and shall be used solely for the of the payment of the interest on and the the purpose of defraying the ex- der. hundred Mayor. (100) toper centum (SEAL) interest the amount pense of improving, enlarging, expay ATTEST: courequired Said revenue bonds and the principal of such bonds, or In the altending and repairing the existing pons attached thereto shall be payand principal payments falling due ternative for the acquisition of outR. S. CALDERWOOD, waterworks system to be owned and able at the office of the on or before the next maturity date standing bonds of such issue at a TreasCity Recorder. controlled by said municipality; urer, at Tremonton City, City WANTS of any of such bonds, and in addi- price (exclusive of accrued interest) Box Elder COUNTERSIGNED: said bonds to bear interest at the tion thereto an amount at least not exceeding the fact amount thereLEVI Utah. Said bonds shall bear DUNN, rate of four per centum per County, to twenty (20) per centum of. Any bonds so acquired by purTreasurer. A. of the equal first date City September, day and D. annum payable said of amount, such additional pay- chase shall be cancelled and not reOF be the shall and COUPON) (FORM 1934, signed by WISE INVESTOR follows the bonds shall not be a charge upments to be continued until there issued. No withdrawal shall be made No $ said of by City, countersigned Mayor THE old railroad motto of "Safety said on the taxable revenues of said Is in such Bond Fund an amount from such special account or acOn the 1st day of , A. D. the City Treasurer and shall have the City, but shall be payable both as corporate seal of said City affixed 19 sufficient to meet the interest and counts, and no payment made from First" , Tremonton City, a Municipal to principal and interest from and thereto attested The depression has taught him one principal payments falling due on the monies herein provided to be paid by the City Record- Corporation, in the County of Box Ellien upon the rev- er of said a secured first by or before the next maturity date of into the Bond Fund, except as prod that to of value will the attache-eAll State incalculable der, Utah, pay coupons City. thing of enues derived from the operation of afsuch bonds and the Interest and vided herein. can fac- bearer hereof, at the office of the bonds shall who to bear the said those for is speculation said waterworks system aft dej simile ) of of Treasurer the Treasurer ($ which principal payments falling due in City signature SECTION 6 a ford to lose category for the cost of admin- said ductions only thereon for two years thereafter. or which in as coin thus Dollars, authenticated, currency and, any Securibe the City, of the City a shall That us it have of few place. maintenand very istration, operation The purpose of such additional pay- Council to cause a duty accountsaid coupons shall be binding obliga- on the date of payment hereof Is leseparate ties are subject to their own laws of ance?" and be Bond shall Fund Into ment the tions for the interest evidenced there- gal tender for the payment of public system to be set up and mainto provide a reserve to meet pos- ing gravity, no matter what we thought and private debts, being six (6) election was duly by. said tained for the water supply system, WHEREAS, what and in the boom days, goes up held and conducted in accordance sible future deficiencies therein. the same SECTION 3 months' Interest on its Waterworks to be kept by the City ReNo payment need be made into the is always likely to come down. , That said Revenue Bonds and the Improvement Revenue Bond, No with the requirements of the Constiand such City Recorder shall corder, conamount then as if a the Bond Fund result, tution and Laws of the State of Utah coupons thereto attached, and each of dated , A. D. 193 The average American, keep proper books of records and actained therein is equal to the entire counts This coupon is issued under and is turning resolutely to Investments on said 18tn day of September, A. D. them, shall be in substantially the in which complete and correct amount that is then or will therepursuant to the Constitution and which provide the maximum of se- - 1934, and returns of the result there- - following form: entries shall be made of all transacof on the all become after of of Laws the State payable Utah, including UNITED STATES OF AMERICA has been made by the duly appoint relating to said system. The curity for principal. Profit is of sec- of said Bonds and Interest coupons tions shall Section Revised Statutes 1933, TREMONTON CITY, UTAH furnish any holder or holdCity ondary consideration. He is seeking ed and qualified judges of the elec then outstanding. If In any month, ers of State of Utah County of Box Elder and Chapter 22, Laws of 1933, Second of the bonds, upon written any means of investment whereby his sav- tion; and for any reason, the City shall fail request of such Session, and as required by holder or holders not WHEREAS, the City Council of WATERWORKS IMPROVEMENT Special full Bond the to Fund said into 3 ings may be spread about widely said of is 22 said Chapter Section pay it REVENUE BONDS more Canas a than of Board indays after the close thirty City sitting industries an essential amount then above isamong basic, stipulated, No hereby stated that this coupon is $ of on months' fiscal period comvassers each six of the 24th day September, econin amount equal to any deficiency dustries which will weather the Tremonton City, a Municipal Cor- sued under the provisions thereof and income stateA. D. 1934, canvassed said returns of and operating the amount paid into the Bond plete omic storms, and eventually come out the ments of the said system, in reasonof election and by resolu- poration in the County of Box Eider, that it does not constitute an indebtjudges added be in shall Fund such month with colors flying. He knows that he tion declared that one hundred and State of Utah, hereby acknowledges edness of the City within any State sucli six months to the amount otherwise required able detail, covering Is not saving for today, but for to fifty votes had been cast in favor of itself indebted and for value received constitutional provisions or statutory not more than sixty days and, period, to be paid into the Bond Fund in close of eacli fiscal year, morrow, when his earning power will issuing bonds in accordance with said promises to pay to the bearer hereof limitations. The interest represented after the next The month. the be this shall on tie first day of September, A. D. by succeeding coupon payable solely decline, and dollars which are earned proposition and three votes had been monies in the Bond Fund shall be complete financial statements of the from the net revenue of the entire with relative ease now will be very cast against issuing bonds in accor ly ONKthe sum of used solely for the purpose of pay- said . system and the City covering water supply system of Tremonton THOUSAND DOLLARS dance with said proposition, showing and certified by audsuch fiscal difficult to come by. ing the interest on and principal itors of the year City. to and n ($1,000) pay interest thereon City. This attitude, shared as it is by the a majority of One hundred and Bonds of the issued hereunder. per centum votes in favor of bonds at the rate of four SECTION 7 Facsimile Signature of City The monies in the Bond Fund great bulk of average citizens, prom- in accordance with said Issuing per annum, payable services furnished by such Rates proposition. for Treasurer. or in on be a ises well for the national future. shall bank the of March first and Sepdeposited days NOW, THEREFORE, BE IT ORwater supply system shall be reasonThere shall be endorsed on each of banks in accordance with the pro- able Many people are pursing their invest- DAINED by the City Council of Tre- tember in each year from date until and uniform with respect to class said Bonds visions of the State Depository Act. by the City Recorder, the ment programs through life Insur monton City, Box Elder County, Utah, maturity, upon surrender of the anall times. It Is hereby expressly at in monies as nexed following: be remaining Any coupons surplus they severally ance, which is especially well suited as follows: I hereby certify that this Bond is any month in the Income Fund, after covenanted and agreed by Tremonton come due. Koth principal and inter SECTION 1 to the needs and the desires of perCity that such rates will be maintainwithin Trethe lawful of debt limit of this Bond are payable in any the payments have been made into ed sons of all financial standings. But as will be adequate to provide revThat in order to improve and repair est monton coin or currency which, on the reCity, and is Issued according the Operation and Maintenance Fund whatever the plan adopted, the trend the existing waterworks system of spective dates Bond Fund as herein re- enues sufficient for the payment of and into the of payment thereof, is to law. the interest on and of such toward safety presents a splendid il- said City, Tremonton City hereby un- legal tender for the payment of pubR. S. Calderwood quired, may be used as the City Coun- revenue bonds as andprincipal same the when lustration of American thrift, wisdom dertakes the following construction: Recorder cil lic City may provide. The replacement of the present the and private debts, at the office of become due and payable, to create a 4 SECTION 5 SECTION and downright common-sensTreasurer at Tremonton City City wood stave pipe line in the water dis- tsox Bond Fund (as hereinbefore provided) That there is hereby created a specElder County, Utah. That the Bonds herein authorized to to provide for tribution system with cast iron pipe; the payment of the ial to be as known the "Water fund, one This Bond Revis of a series of oe issued shall be executed by the "Every citizen who has the opporof administration and operaImproving the existing reservoir; TreIncome Fund of enue Bondi, issued by Tremonton City Supply System Mayor, Recorder and Treasurer of The installation of meters; tunity to learn the facts should be in the aggregate principal amount of monton City" (herein called the "In- Tremonton City, Box Elder County, tion of said system including insurmade to realize that the attitude of Other construction incidental there- Sixteen Thousand ance, and such for the ($16,000) Dollars, come Fund"), into which shall be in the manner herein provided; and maintenance of theexpenses system necessary people who oppose the utilities will to; from and the after date exof the paid for the purpose of defraying the said officers of the City are hereby to The estimated cost of such con- the same In good repair only cause needless destruction of pense of improving, enlarging, extend- sale of the bonds herein authorized authorized and directed to deliver andpreserve order, to build e is struction Twenty-onThousand to up a re- be working issued income all derived from wealth, further unemployment, inand water the to Bonds said or repairing ing existing any officer, agency creased taxes, reduction of purchas- ($21,000) Dollars. works system to be owned and con- the operation of the entire Water Sup instrumentality, of the United States ( continued On Page Seven) SECTION 2 trolled by said municipality, by viring power, and no reduction in rates the of for That, purpose defraying tue of a majority vote of the qualified except where the government-subsl- a part or the cost of improving, en electors of said City, voting at a specdized plants operate. Sush subsidy, lanrtne. extending and required by Article of course, comes from the pockets of system as described above, Tremonton ial election, as XIV, Section 3 of the Constitution of the taxpayers." William Cavalier, does issue waterworks the State of Utah, duly called and City hereby improvement revenue bonds in the held on the 18th day of September, A. D. 1934, and by virtue of Ordinance 2RPWA of the City Council of said City duly passed on the 7th day Honey ville of January,' A. D. 1935, and pursuant to the Constitution and Laws of the The Honeyville M. I. A. Dramatic State of Utah, including Section club brought credit to their organiRevised Statutes 1933, and Chapzation and themselves Wednesday ter 22, Laws of 1933, Second Special evening at the L, D. S. recreation hall Session, commonly known as the In the presentation of the "Revenue Bond Act of 1933." As recomedy I drama 'Truth Takes A Holiday." quired by Section 3 of the said RevThe entire cast played like veterenue of Bond 1933, it is hereby ans with two or three outstanding DIVORCE IN MEXICO Final in few stated that Act this Bond is issued under days; no residence; no publicity. the characters. provisions thereof and that it does Write: Atty. Box 86. Mexican. B. They were greeted with a packed not constitute an indebtedness of said C. 10 Mexico. 9 35 house that expressed their appreciastamps. within any State constitutional City tion with round artef round af approvision or statutory limitation. CASH PAID for dead and useless and with great bursts of plause This Bond la payable as to both cows and horses. Call Maple Creek laughter. The play was a sure cure and interest solely from the principal for the blues and the Honeyville playTrout Hatchery, Brigham net revenues of the entire water supers should be highly complimented in Reverse Charge. tf ply system of Tremonton City, said at the manner in which their play was net revenue being defined by said OrFOR SALE presented. dinance 2RPWA as the gross revenues electric heifer; of such system after deductions Westinghouse A lot of fine furniture doesn't range, gooa as new, cheap, j. A. only for the cost of operating and a home, and all the swell clothesmake Tack, Maytag Shop, or phone 54.a-- 3 maintaining the system and the exshe can put on doesn't do a pense of any betterments of replacegirl any good If she hasn't got "It." FOUND One 4.50-2- 1 Oldfield tire ments to keep the same in good reand rim. Inquire at Leader. pair and working order; and as se51 for such payment said net revcurity TW C, FOR SALE New and used radios, enues are - .. OUR pledged by said Ordinance, A. C. and battery types. Tremon- In an amount sufficient therefor, to 1? Dtl.itor LJ Amv a. .. IT . ton Harness & Accessories Co. Inc. the payment of the Interest upon and ! I. Mean-. UTh. of of Issue Bonds the of ttm principal Journtt tf . which . . v this is one and to the creation C.PP'. fllmtt ' ' rWorUI a and of Bond Interest Fund FOR RENT-TW- O Sinking . room house. See ..J (lent therefor. Mo. M Y1 . .7 L. . . Walter Wilkinson, Auto Park. MAKE GOOD OR WE DO is covenanted and It O Horn, Orel. hereby LOST A small black suit case conagreed that the City will charge reasonable . taining boy's clothing, between Tre- water . HtreM Co. rates, adequate to produce revmonton and Bothwell. Finder please Q CWtelUa Tremonton, Utah . Phone 28 Silvtr krM enues from said water supply system leave at Leader office. tip. sufficient to pay operation and maininnwtMi'tVo'M tenance expenses of said system and O r, ; $..,,,,, the interest on and the principal of JJ DN4Wt this Bond as and when the same be T come due and payable. It ia hereby nHow.Ci.ct. J J QA.rkMrr,)fCewt; ; further covenanted and agreed that rates adequate to provide revenues sufficient for such purposes will be -Gmaram maintained at all times, until this USK THIS HAIVDV ORDER til Bond, and the coupons hereunto atOur arrangement wjtn the publiiherj' tached .are fully paid and discharged; vnc tour in. matatnt$ dttired and return list t I provided .that such rates shall not be imam mkm,uI.iL. vnioici at to make in excess of a reasonable rate for the you this remarkable offer. It It iWctly service rendered. This Bond is subject to the condiguftranteccJ, and all iub$crlptloni will be tion and every holder hereof by acNew entered promptly, tf you art at pre- cepting the same agrees with the obligor and every subsequent holder 1 tr 0 uociotr 10 any or the mega I that (a) the delivery of this Bond will time be t TREMONTON, to any transferee shall vest title in trtemJed. your IMllliajl4WJ.iMJIIIillW jmjiimj n this Bond and the Interest represented : - -O - - E 3 6:- VMM ?.Y.Yflfl ll thereby in such transferee to the ame extent for all purposes as would -- MJeemUMAM E Six-TH- G Tre-Hxmt- ser-FO- R ; ' .... 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