Show i. i r ri i I ff t r 1 fl E A 1 f An Ordinance f I v. v An fin 0 Ordinance Ordinance providing fo fort for forthe r t the Issuance and aud Sale of the Electric Light r. r Ephraim pity City i Bonds Bond Be ordained d- d the it Ib by city r 4 council of Ephraim l 1 City City- Utah a as aB s V t 4 4 follows 0 11 it p SEC SEO oEO I I. Ih That IhU at C. C R R. R Dorius D Mayor of Ephraim City and damps amps Frost the City Ue Recorder order of pf sai said city art are r bore hereby y empower empower- pd d direct directed d and or ordered ered as such mayor and city recorder of said Ephraim aim City to tu issue sign and 8 seal al with their respective signatures signatures signa signa- tures ures and the b seal heal al of said city twelve bonds of the tho denomination l M Of f One l' l Thousand Dol Dol- r lars each payable to bearer absolutely y in twe twenty ty ye years us u's from l July 1 1905 and after ten years at at st the option option of of said Ephraim y City and to bear interest a at the I tate taio of 6 per cent per annum f intel t payable semi semi annually annually J jt t prin principal and interest payable in ingold int l' l t I gold coin COlD at the state bank of k l Utah Salt Lake Lalm City City- Utah for forthe the ibe of constructing an pl purpose electric light and power plant to tobe tobe tot t be owned l and controlled by the said Baid Ephraim City Said bonds shall hall be known as aH the Ephraim T City Electric Light Bonds and i the tho said mayor and city recorder shall issue and attach to said bonds f. f f the required interest coupons duly uly t signed with a fac fac simile of their said y SEC II That II-That That II-That That the tho bonds when so 1 oj issued shall bo be issued to to- B Blanche i tt T T. T Bailey City Treasurer of said V li Ephraim City and she as such such f city treasurer is here hereby r t od d q empowered ered an and dis dispose dispose I l pose ose of said aid bonds upon the market market mar mar- ket ot for the tho highest possible price in cash provided that such Stich bonds I hall not be sold for less than their face value the funds denv- denv n f pd ed d from the the said said sale bale of said I. I pur- pur purpose bonds shall hall be used for the pur purpose r pose pos of constructing a system of v electric lights in and for the city L g cf Ephraim f the said plant to be bet I t and controlled by f said aid city I fj T The e fund derived from the tho EJ Bale eale le of M said paid bonds shall be known as the tho f Ephr Ephraim i qty Electric Li Light bt rr t Fund I JI SEC SEO III That That this ordinance shall hall take effect imm immediately di tely upon r its passage p passage and approval t Pass Passed d and approved this D. D 1905 day slay of bf July A. A C C. C R. R DORIUS 1 k I Attest Attest- Mayor Mayol JAMES FROST Recorder tt l f State of Utah County of Sanpete San San- W pete Mete City of Ephraim ss I L I. J James Frost Recorder ot of Ephraim Utah do hereby certify that the above and foregoing and foregoing is a full tull true and correct copy copy pf of f an ali ordinance entitled An ordinance rte ling for lor the issuance issuance 60 and 1 J sale salo of the Ephraim city electric light bonds passed by the city council of Ephraim city Utah July 15 1905 and approved by bythe bythe bythe the may mayor r J July 15 1905 1909 as appears appears appears ap ap- pears on oX record in my o office ioe In witness whereof I have hereunto hereunto hereunto here here- unto set my band and affixed the corporate seal of said city this day clay ay of July J JAMES A IES FROST Seal City qty Recorder I |