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Show Ho K)l I7fv Murray City, Utah December 22, 1958 9 Four even flo bottles, baby food, and an assortment of Mennen's Baby Powder, Oil, it and skin care -(- oi) Thursday, January 1, 1959 EAGLE (UtcM Page 3 $1,000 There was also present Alvin W, Wahlquist, City Recorder. After the meeting had been duly called to order and the minutes of the preceding meeting read and approved, the following ordinance was introduced in written form by Mayor Ray P. Greenwood, was read in full and pursuant to motion by was L. Clark Cushing and seconded by David B. McCleery, adopted by the following vote : This bond is one of an issue of $500,000 bonds of like date, tenor and effect, except as to interest rate, date of maturity and option of redemption, number 1 to 500, inclusive, issued by Murray City pursuant to ordinance duly enacted for the purpose of defraying the cost of improving the existing electric plant and system of said city, in full conformity with the Constitution and Laws of the State of Utah. Both principal of and interest on this bond and the issue of which it is a part j of assorted Number Absent: None Ray P. Greenwood, Mayor David B. McCleery, Commissioner L. Clark Cushing, Commissioner We know the new baby can use MURRAY Tht Murray City, in the County of Salt Lake and State of Utah, for value received, hereby promises to pay to the bearer, out of the special fund hercinbelow designated and not otherwise, the sum of One Thousand Dollars $1,000) on the first day of Janu, with interest thereon Horn the date hereof until ary, 19 per cent paid at the rate of ) per annum, ( payable July 1, 1959, and thereafter on the first days of January and July of each year, upon presentation and surrender of the attached interest coupon" as the same severally fall due, both principal and interest being payable in lawful money of the United States of America at Firsi. Security Bank of Utah, N. A., Murray City Branch, Murray City, Utah. The Board of Commissioners of Murray City, Salt Lake County, Utah, met in regular public session at its regular meeting place in the City Hall in said city at 5:00 o'clock p.m. on the 22nd day of December, 1958. The following members of the Board of Commissioners were present: . One case MURRAY CITY ELECTRIC REVENUE BOND, SERIES 1959 Murray City Bond Notice irS ' ! ' ;Ov ' semi-annual- are payable solely from a special fund designated "Murray City Electric Revenue Bond, Scries 1959, Kinking Fund," into which fund, to the extent necessary to assure prompt payment of prinRay P. Greenwood L. Clark Cushing cipal of and interest on the bonds of the issue of which this is one and into a reserve therefor shall he paid 34.24 of the net David B. McCleery revenues derived and to be derived from the operation of said Nay electric plant and system, all as more fully described and proNone. vided in the ordinance adopted by the Board of Commissioners said city on the 22nd day of December, 1958 for the purpose The ordinance was then signed by the Mayor in open meet- of of authorizing this bond and the issue of which it is a part. in ordered the published ing, recorded by the City Recorder and in Murray Eagle, a newspaper of general circulation published This bond is issued under and pursuant to Sections 1 to 22, Murray City, Utah, and qualified to cany legal notices under the inclusive, of Chapter 3 of Title 55 of the Utah Code, 1953. and all laws of the State of Utah. The ordinance is as follows: amendments thereto, including those adopted at the 1957 session of the Legislature of the State of Utah; and this bond and the ORDINANCE NUMBER 81 coupons hereto attached do not constitute an indebtedness of Murray City within the meaning of any state constitutional or AN ORDINANCE providing for the construction of improvements to the electric plant and system of Murray City, statutory limitation. Utah; providing, finding and declaring that portion of the Bonds 301 to 500, inclusive, of the issue of which revenues to be derived from the operation of said plant and this is one numbered are callable for redemption prior to maturity at the and to allocable such system improvements; authorizing of the city in inverse numerical order on January 1, 1969, providing for the issuance of $500,000.00 Electric Revenue option on any interest payment dale thereafter at the principal and Bonds, Series 1959, of said city for the purpose of defray- amount thereof, plus accrued interest to the date fixed for reing the cost of the aforementioned improvements; prescribdemption and a premium of $35 for each bond so redeemed. ing the form and other details of such bonds and directing Notice of the call of any of tiie bonds for redemption will be the sale thereof; providing for the collection and disposition not less than thirty days prior to the redemption date of the revenues of the electric plant and system; making given the publication of an appropriate notice one time in a other provisions with respect to the operation thereof and through or journal published in the City of New York, financial the issuance of said bonds, and providing for the payment of New Yorknewspaper or Chicago, Illinois, and sent by registered mail to such bonds. the paying agent bank and to Edward L. Burton & Company, WHEREAS Murray City desires to improve its electric 160 South Main Street, Salt Lake City. Utah. plant and system; and The city has covenanted and agreed and does hereby covenWHEREAS said city does not have on hand money to pay ant and agree that it will fix such rates for electric service and for such improvements, but the revenues to be derived by the will collect and account for the revenues to be received for such that the 32 97', of said revenues pledged to the paycity from the operation of its electric plant and system will service, not be pledged or hypothecated in any manner or for any pur- ment of certain Murray City Electric Revenue BondB, Series of pose at the time of the issuance of the bonds herein authorized July 1, 1951, will be sufficient to meet all requirements of the of the net revenues of said ordinance authorizing said bonds and that the aforementioned except for the pledge of 32.97 of said revenues pledged to the payment of the iesue of electric plant and system to the payment of certain Electric portion Revenue Bonds, Series of July 1, 1951, of said city, dated July bonds of which this is one will at oil times be sufficient promptly 1, 1951, originally issued in the amount of $300,000.00 and now to pay the principal of and interest on this bond and the issue of which it forms a part, as each becomes due to make all payoutstanding in the amount of $174,000.00 and the city desires ments required to be made into the above mentioned Murray to issue its Electnc Revenue Bonds, Series 1959. in the amount of $500,000.00, payable from a portion of the unpledged revenues City Electric Revenue Bond, Series 1959, Sinking Fund, and to of said plant and" system in the manner for which provision is carry out all the requirements of said ordinance. Each successive holder of this bond and each holder of each of the coupons hereinafter made; and hereto attached is conclusively presumed to forego and re1 et seq. of the Utah Code, 1953, nounce his equities in favor of subsequent holders for value withWHEREAS Sections as amended in 1957, authorize the issuance of such bonds without out notice, and to agree that this bond and each of the coupons an election after the Board of Commissioners provides, finds and hereto attached may be negotiated by delivery by any person declares the value of the presently existing electric plant and having possession thereof, howsoever such possession may have system and the value of the improvements proposed to be con- been acquired, and that any holder who shall have taken this structed and the revenue to be derived from the entire electric bond or any of the coupons from any person for value and withplant and system when the contemplated improvements are com- out notice, thereby has acquired absolute title thereto, free from pleted and sets aside that portion of such revenues so determined any defenses enforceable against any prior holder and free from as derived from said improvements for the purpose of paying such all equities and claims of ownership of any such prior holder. bonds and for such sinking fund and reserve as may be necessary Murray City and its officials and the paying agent bank shall not be affected by any notice to the contrary. for the proper security thereof; NOW. THEREFORE, Be It and It Is Hereby Ordained by It is hereby certified, recited and declared that all acts, the Board of Commissioners of Murray City, Salt Lake County, conditions and things required to exist, happen and be performed precedent to and in the issuance of this bond have exUtah, as follows: isted, have happened and have been performed in regular and due 1. is Section It hereby provided, found and declared that the time, form and manner as required by law. that the amount of value of the existing electric plant and system of Murray City this bond, together with the issue of which it forms a part, does Utah, is $960,215.65; that the value of the improvements proposed not exceed and limitation prescribed by the constitution or stato be constructed for said plant and system is $500,000 00 and tutes of the State of Utah, that an amount of the revnues that the annual revenue to be derived from the entire electric to be derived from the operation of the electric plant and plant and system of Murray City when the contemplated im- system of Murray City has been pledged and will be set aside provements are completed will be $261,000.00 after payment into a special fund said sufficient for the prompt paytherefrom of the reasonable and necessary expenses of operating ment of the principalbyof and city interest on this bond and the issue and maintaining said plant and system. It is hereby further proof which it forms a part, and that the revenues of said electric vided, found and declared that the portion of the revenues oi the plan and system are not pledged, hypothecated or anticipated be to electric and said derived from entire Improvesystem in any way other than by the issuance of the aforementioned plant of all of the revenues derived from the ments will be 34.24 Murray City Electric Revenue Bonds, Series of July 1, 1951, operation of said improved electric plant and system. Said and the issue of bonds of which this bond is one. 34 24 r4 of said revenues shall therefore be deemed to be income IN TESTIMONY WHEREOF. Murray City. Utah, has caused derived exclusively from said improvements. this bond to be signed its Mayor and by Its The improvements to be made with the bonds herein author- City Recorder under theby coiMirate seal ofcountersigned said city, and' has ized shall consist of the acquisition and installation of a certain caused the interest coupons hereto attached to be executed by 3500 h p. dual fuel engine to be used for generating electricity, the facsimile signatures of said officers, all as of this first day together with and all necessary appurtenances and equipment of January. 1959. therefor all of which are hereinafter sometimes referred to as "the improvements". Mayor Section 2. That for the purpose of defraying the cost of Countersigned: improving the existing electric plant and system of said city, and to defray proper engineering, legal, fiscal and other costs inCity Recorder cident thereto, and to the authorization and issuance of the bonds, there are hereby authorized to be issued Electric Revenue Bonds, (Form of Coupon) Scries 1959, of "the city in the principal amount of $500,000.00. which bonds shall be payable from the revenues hereinafter Number. 19 specified. On the first dav ot hereinafter mentioned bond is then callable fur reThe complete electric plant and system of the city serving unless the and has been so called and provision of the redempdemption the city and its inhabitants and the Inhabitants of the territory tion thereof duly made, Murray City. Sail Lake County. Utah. all extensions and thereto, including improvements, adjacent will pay to bearer Dollars additions thereto which may be made while any of the bonds S. I. in munner and out of the fund preherein authorized remains outstanding, and Including all prop-ert- scribed in said bond, and the not otherwise, In lawful money of thr real, personal and mixed, of every nature now or hereafter Bank of Utah, N A . owned by the city and used or useful In the operation of tts United States of America, at First Security for Branch, Utah, interest then due Murray City Murray City. in sometimes electric properties, are herinafter this ordinance on its Electric Revenue Bond. Series 1 !,",. dated January 1. 1959. referred to collectively as "the system". and numbered . This coupon and bond attached to inclusive, of the Utah Section 3. That said bonds shall be dated January 1. are issued undrr Sections 5.V3-1959. shall be in the denomination of $1,000 each, shall be Code. 1953, as amended, and do not constitute an indebtedness numbered 1 to 500, Inclusive, shall bear Interest at the rate or of M'irray City within the meaning of any state constitutional or statutory limitation. rales set out below, payable July 1. 1959, and thereafter on the first days of January and July of each year, with interest falling due on and prior to maturity being repMayor resented by appropriate interest coupons to be attached to such bonds, shall be payable as to both principal and Interest In law- Countersigned: ful money of the United States of America at (First Security Bank of Utah, N. A Murray City Branch. Murray City. Utah, and shall mature serially in numerical order on January 1 of City Recorder each of the years and bear Interest as follows: (Form of Auditors Certificate) Amount Year Bond Nos. Interest Rate I, the undersigned, duly qualified and siting Auditor of Murray City. Salt County. Utah, do hereby certify that the 4 1 to ffr 20 :i62 $20,000 bond is within the lawful debt limit of Murray City, Utah, within 4 ItW.I 'V 40.000 21 to 60 and is issued according to law. 4 1WH 40.000 100 1 ' Aye 9 New Way Foodliner 5850 South State Street and ome in, lucky parent, we try to make you will happy with a musical gift from our store. Murray Music 4914 South State Street 55-3-- We have a lovely toy gift for the new year baby, and our sincere good wishes Murray Mercantile 4836 South State Street Babies must eat well to grow . and . . w certainly want to see little Miss (or Mr.) 1959 grow ond prosper! Our gift is a case of Baby Foods Reams' Bargain Annex 5625 South State Street FYy if 3 it w MM y, There is always a need for a nice wwing basket when there new baby in Our gift the house is a . . . semi-annual- is just that Singer Sewing Machine Co. Ike 4324 South State Street to to to 11 to 221 to 261 to 301 to 341 to 31 to 421 to 461 to 81 101 141 ... on assortment of or Mother Aunt Susan Frozen Foods . . . Beef, Chicken, Turkey Pies Cherry, Boyienberry, Apple Cobbler Navy Beon & Ham Soup Corn Chowder; French Onion Soup; Cream of Chicken Gumbo Chicken Salad Mix G'blc's ond Noodles RedUFoods 5049 South State Street U v. : "?f I S; 140 180 220 260 300 310 3 420 460 500 40.000 40.000 40.000 40.000 40.000 40,000 40.000 40.000 40,000 40,000 1965 1966 1967 1968 1969 1970 4 4 ri 'i 1 'V ' W1TNF.8S my official signature this day of 1959 1971 1972 1973 1974 3 .Vf 3 75 3.7.V; " Bonds numbered 301 to 500. inclusive, shall be callable tor redemption prior to maturity at the option of the city in Inverse numerical order on January 1, 1969, and on any Interest payment date thereafter at the principal amount thereof, plus accrued Interest to the date fixed for redemption and a premium of $35 for each bond so redeemed. Notice of the call of any of the bonds for redemption shall be given not less than thirty days prior to the redemption date through the publication of an appropriate notice one time in a financial newspaper or Journal rublished in the City of New York, New York, or Chicago, Illinois. .id sent by registered mail to the paying agent bank and to F.dward L Burton & Company, 160 South Main Stmt, Salt Lake City. Utah. SECTION 4 That said bonds shall be signed by the Mayor of the city and shall be countersigned by the City Recorder, and shall have the corpoiate seal of said city Impressed thereon. Interest coupons to be attached to said bonds shall be executed with the facsimile signatures' of said Mayor and Recorder, which officials by the execution of said bends shall adopt as t nd for their own proper signatures their respective facsimile signatures appearing on said coupons. SECTION 5. That said bonds and coupons, and the endorsement to appear on the back thereof, shall be in substantially the following form: (Form of Bond) City Auditor (See Page Seven, (wliinin, ) SURE your savings are BE FIVE GENERATIONS gathered for a day of multiple celebrations. Front row, left to right, Mrs. Minnie Asplund Walla, and John E. Asplund holding his great grand daughter, Kathie Lee Lomper. Back row, Mrs. Lee Lamper, and Mrs. Chan Jones. Five Generations Mark Multiple Celebrations On December 21st Five generations met recently at the home of Mr. and Mrs. Lee Lamper, 5066 So. 2nd West. The event took place on Sunday, Dec. 21, which is a day worthy of celebration in their family. Wee Kathie Lee Lamper was marking her first month birthday anniversary. Her parents, the Lee Lampers, were celebrating their first wedding anniversary, and it was the 35th of the wedding anniversary child's great grandparents, Mr. and Mrs. John E. Asplund, 310 Aerie Sebedules New Years Fete To further Germania Ave. make the day important, Mrs. Minnie Asplund Walla, great of the great grandmother young child was 79 years old on the very same day. The family annually mark this day when so much has happened in their group, but this year it was special wtth five generations now part of the family. Mrs. Chan Jones, 4071 So. 2nd West, the child's grandmother was also present. The Lee Lampers recently moved into their home, and so the day was a housewarming for them. Fifteen members of the family were able to be Beau Belle Plans have been completed for the annual New Years Eve dance to be held at the Fratern al Hall Dec. 31. A fine Health Studio . n4 ISM Rtdwood Rd. IAUTIFUL orches- tra has been obtained and all the extras to add to the such as noise makers, -shats, noma. etc. -.J have fawn set aside. Winona Belcher has taken over the oi preparation dinner and the New Years Eve party for this year looks as though it will be the best ever. Additional tables are on hand for the early parties. Berry Belcher has assured President Nelson that everyone will have (Ragle, Page 8, Col. 8) r jit y $r STUOIOS Men and frweiMn AM CONDITIONING BODY exercising, weight gaining, reducing SPECIAL RATES less than limited time $1 per week HEALTH BAR MlaiuliiH, Food Supplements, Juice, Cookie PLENTY of FREE PARKING SPACE Nalley's Chili Con Came 5 cans Hawaiian Gold Pineapple Juice can a M-- U.S.D.A. Good Sirloin Steak Avacados each Cabbage Solid Heads Kleenex 400 size No i!SlJ!Ei the highest we ore currently paying 3 ',2 interest in Murroy on insured savings. 1 LOAN ABROCIATION ii I"'I'M iuf ! MHt lit iMia Next Door South of the Murray Theater !' Vj5 5250 J1 - at any Price! n ft) If J ... AM lb. 4 Better Meat Sold Anywhere UNITED STATES OF AMERICA COUNTY OF SALT UiKX VW '( , 4 4 4 STATE OF UTAH : , C-y- 01 UJ MARKET BASKET 2) C South State WHERE PRICE and QUALITY MEET |