Show aden city bonds one 11 undrel dollari offit v pw cent ogdan city Donds Jor tale will at his office in ogden city tin til 12 noon of th day of july 1888 for dio pucho af pf ono bundred coupon bonds each of the denomination of one thousand dollars bearing interest at the rate of five per cent per semian semi an the daa of july of each year at the american exchange rational gat ional ran 1 now york city state of now olk rho of said beads shall bo afable within twenty years fro m the sate of their issue at the city brets trets e a office ogden city but are rc dee mable after ton years at the pleasure of the city council athi provid ed by ordinance that ont of the revenues of tho city for the I 1 ear I 1 and thereafter there shall be act a side lent funds to pay ton of the said bonda and tho lote rost thereon which funds will be traced in the and held for that and no obber burnso it is also provided that whenever N ten years from the date of issue there be sufficient clent the treasury t aside for that pur pose to pay ten of said bonds and in terest thereon the recorder of city hall advertise the fact for at least days in ona or more of the pers published daily in the city of newyork New York and ogden city the number of the bonds which she city wishes to them of their issuance and commencing with the highest il timber then atatim the date when they will an it th fj bonds so fi sh pala a I 1 not be presented for payment at the time then the funds shall remain in abo hands of the treasurer to pay mid bonds when presented but the bonds shall draw no In teresi after the expiation of the time stated in the the city council rese aro ther ri to reject any and all bids and to from immediate delivery any number not exceeding fifty of gal bonds until the city shall need the bonds sore are not to be paid bornor to draw Inte t tin il delivered the said are Is saied forthe purpose of making public improvements the city has no other boded indebtedness and Is limited by law in its borrowing capacity to four per cent of its taxable va lation 11 hown the lost maes of 11 st bable tty for territorial and county sm any attempt to become ui e wb ted 1 n excess thereof Is declared v 0 ld th ese bonds are exempt by ordinance from tax city pur poses taomas J vity er 1 az |