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Show he light i to contest the logahtN of tins Ordinance or my Bonds which may be authorized provisions herein, any made for the security in payment of the Bonds or of any contract or lease authorized herein, and after the expiration of said thirty (30) days, no person shall have any cause of action whatever to contest the regularity, formality or legality of this Ordinance or of any or agreement document authorized hereby. Section 20. Effective Date. This Ordinance shall take effect upon expiration of the 30th day following publication of this Ordinance as above provided. United States of America State of Utah County of Davis Clearfield City Industrial Revenue Bond Series of July 1, 1976 Not in Excess of $1,000,000 Aggregate CLEARFIELD CITY, a body politic of the State of Utah (the CITY herein), for value acknowledges indebted received, itself to and be hereby promises to pay to the holder hereof from the source as hereinafter provided, on 19 , the , principal sum of $5,000, and in like manner to pay interest on said sum from the date hereof at the rate of eight and one-ha- lf percent (8.5 percent) per annum on Jan. 1, 1P77, and semi-annual- thereafter ly on July and January 1 of each year until said principal sum is paid, except as the 1 provisions hereinafter set forth regarding redemption prior to maturity may become applicable hereto; both principal of and interest on this Bond are payable in lawful money of the United States of America through the office of the paying agent FIRST and trustee, SECURITY BANK OF NATIONAL IDAHO, ASSOCIATION, First required to exist, happen and be performed precedent to and in execution and delivery of the Trust Indenture and the issuance of this Bond do exist, have happened and have been payable solely from the performed in due time, form rentals to be derived from the and manner as by Lease pertaining to the law and that the required issuance of Project, and the payment of this Bond and the issue of said principal and interest which it forms a and Charles part do not By Glen Perrins has been and is secured by a violate or contravene the Lockwood, any pledge and assignment of all constitutional or OGDEN - Many early day statutory such rentals, together with a limitation of will residents other Bond, Ogden any lien on all property forming a contract or other evidence of remember the Bill, part of the Project, all of indebtedness or obligations to Billposter man, who pasted which is more fully defined in which CLEARFIELD CITY advertisements on billboards the Trust Indenture to which is a throughout the city. He was party. reference has been made. dominant character on the IN WITNESS WHEREOF, The Bonds and interest said CLEARFIELD CITY, streets of Ogden and most coupons appertaining State of Utah, has caused this people admired him and thereto, if any, are limited Bond to be duly executed by watched him at his work obligations of the CITY as its Mayor and duly attested It was his occupation to herein elsewhere certified by its Recorder, thereunto post signs for business and do not now or shall never Pantages duly authorized, by facsimile concerns, constitute an indebtedness of or otherwise, and its cor- Vaudeville circuits and road out of the CITY within the meaning porate seal to be affixed shows which sprang of any state constitutional Advertisements New York. hereto, and has caused the provisions or statutory interest coupons attached for these patrons were posted the limitations appertaining to hereto, if any, to be executed on signboards throughout and municipal indebtedness, the city. and attested by the obligations represented One of the most notable signatures of said officers, by by the Bonds shall not give facscimile or otherwise, all business concerns that Bill rise to any pecuniary liability dated as of the 1st day of July, posted signs for was Albers of the CITY whatsoever. 1976. Milling Company on west 30th Rental payments sufficient Clearfield City Corporation which put out a flapjack mix for prompt payment when Their publicity included a By due of the principal and inMayor cowboy bending over a small terest on said Bonds are to be ATTEST: fire. This fact or fictional character knew the benefits paid by COLOTRYM to the By CITY by deposit with the Recorder of a small outdoor fire when TRUSTEE and placed in a cooking, and seemed to enjoy fund created for this purpose flapjack ( Form of Interest Coupon, flipping a well-don- e Clearfield City over in his pan. This sign was designated if used) one of the greatest publicity Industrial Revenue Bond No. $ Fund stunts of the time and anyone Colotrym Facility On the first day of to be used for timely payment -- , 197 , CLEARFIELD who saw the picture on the to the holders of the Bonds. CITY (unless the Bond to billboard would hardly forget Pursuant to the authority which this Coupon appertains it. Another business concern vested in CLEARFIELD shall have been duly called CITY under Section for prior redemption and which dominated the signUtah Code Annotated, 1953, payment of the redemption boards was the Morton Salt as amended, the CITY acting price made) will pay to Company. Their featured for and on behalf of the State Bearer, upon presentation slogan will go down in of Utah, does hereby pledge and surrender of this Coupon to and agree with the holder at the office of FIRST of this Bond that the State of SECURITY OF BANK Utah will not alter, impair or IDAHO, NATIONAL limit the rights vested hereby ASSOCIATION, First until this Bond and all inSecurity Building, P.O. Box terest payments thereon have 7306, Boise, Idaho, 83730, the met been and amount shown hereon as fully discharged. provided in and being semiInterest accruing on this annual interest then due on Bond will be paid only on the CLEARFIELD CITY presentation and surrender of Industrial Revenue Bond, the interest issue of July 1, 1976, Bond attached Old-Tim- Security Building, P.O. Box 7306, Boise, Idaho, 83730. This Bond is one of ' an authorized issue of Bonds limited in aggregate princoupons, if any, as they cipal amount to $1,000,000 become due (or issued and authorized to be respectively if no coupons are attached, issued for the purposes of will be payment of interest mu. u t) jiii jhu payingn the ' "COstsMf due when piade according to provement of land and the proper calculation thereof buildings in Clearfield City, the paying agent or purby Davis County, Utah, and suant to a previously acacquisition, construction and The installation thereon of cepted ofschedule). this Bond shall be principal aluminum extrusion, payable to the proper owner processing and manufac- and holder thereof upon turing equipment and related presentation and surrender of facilities, together with tools, fixtures and other appurtenances (all herein sometimes referred to as the Project), or the payment of any interim financing or reimbursement to the user of funds applied for such purposes, and leasing the same to COLOTRYM COMPANY, a division of FUTURA INC. (COLOTRYM herein), a corporation organized and existing under the laws of the State of Delaware, for use by COLOTRYM pursuant to a lease dated as of July 1, 1976, lease herein) by and between the CITY and COLOTRYM and paying all expenses in connection with (he authorization, sale and issuance of the Bonds, all to be accomplished for the promotion, stimulation and development of the general i economic welfare and of the citizens of prosperity Clearfield City and to achieve greater industrial development in the State of Utah. The Bonds are issued pursuant to and subject to the provisions of: (a) the Utah Industrial Faciltities Act, Chapter 17 of Title II, Utah ('ode Annotated, 1953, as amended, tb) an Ordinance heretofore enacted by the CITY on the 13th day of July, 1976; (c) the Trust Indenture, also authorized by said Act and said Ordinance, executed as of July 1, 1976, by and between the CITY and FIRST OF BANK SECURITY IDAHO, NATIONAL TRUSTEE: SSOCIAT10N, and Id) the aforementioned .ease. Reference is hereby made to said Ordinance, rust Indenture, and Lease, and to all amendments and upplements thereto, for the I provisions, among others, ith respect to the nature and . extent of the security, the the duties and obligations of the CITY, the and OLOTRYM lights, I RUSTEE and the holders of terms upon he Bonds and the number I billboard history for it was not only used 50 or 60 years ago, but it is still with us billboards, and this is where Bill, the Billposter man up with a brush and put squarely in place. This was a came in. science in itself and it took Bill was an artist at the talent and expennee. today. They still use the The sign was smoothed out saying which might be job and the fastest man in When it rains, it town at the work. The signs with the same brush so that eternal, that went on the boards came there would be no wrinkles in pours! the salt, that is in sheets of paper, each one in it. This was an art in itself, exact rotation so that they too. VAUDEVILLE SHOW SIGNS would go on the billboards The next sheet followed, The greatest amount of properly. and of course is sychronized The first sheet was placed with the first sheet. Soon the billposter signs, however, were the signs of the in the lower left hand corner. lower portion of the sign was vaudeville shows which The paper had to be covered on the board In a like toured the country, going with paste, similar to manner, the second row from from one city to another. wallpaper paste, then lifted the bottom was pasted on. In These shows often originated this way the edge of the in New York where they were middle row fit over the edge first presented, probably on of the first row. Broadway, where they were Thus when it rained, the either a success or a failure. water would not seep under The shows had two opthe first row of paper and posing reasons for "going on cause the paste on the back of the road, as touring was called. If they were a success SAN ANTONIO - Air on Broadway their fame BILL POSTED Airman graduates the paper to become moist and allow it to wilt off and melt at the base of the sign There was a real art m posting bills. When "Bill, the Billposter man had all of the shee)-- : pasted on, the picture and printing would be complete It didnt take Bill long to cover a signboard, but there were so many signboards in the area, that he was busy most of the time. Bill was a in Ogden during the first 5th of the century, and was known by almost everyone Many will s un- doubtedly remember him fo his artistry and because he was the fastest billpostet around Ogden would publicized throughout the country, and they were almost a cinch to attract big crowds wherever they performed. If the show didnt go over on Broadway the actors w ere broke or close to it when they finished, so they had to make money somehow by going on the road. There always would be a certain amount of patrons in the cities where they played off Broadway who would be eager to see a New York show, whether or not it succeeded. Signs for these shows always appeared on National Guard Airman Albert F. Humphrey III, whose parents are Mr. and Mrs. Albert F. Humphrey Jr. of 4835 South 2125 West, Roy, Utah, has graduated at Lackland AFB, Tex., from Air Force basic training. The airman, who studied the Air Force mission, organization and customs and received special instruction in human relations now goes to Sheppard AFB, Tex., for specialized training in the wire maintenance field. Airman Humphrey is a 1976 graduate of Roy High School. commander Col. Michael W. Moore has been named as the new Hill AFB commando, upon retirement of Cd. Howard J. Anderson. He comes to Utah from Ramstein Air Base, Germany. He is a native of Iowa City, and is married to Patricia and three have they daughters, Michele, Becky and Kelly. He completed pilot school in 1957 and was assigned to the 552nd Airborne Early Warning and Control Wing, McClellan AFB, Calif. 2w3 1 ji: t Col. Michael W. Moore RA WSON AND LUND . Clearfield City Corporation By Mayor my DuiuJ jin By Recorder Councilman Raymond Adams seconded adoption of the foregoing Ordinance and the same, on being put to a !!$!!:!:$ IT'S BEEN A FUN SUMMER AND WE'RE SORRY TO SEE IT END. . .BUT WE HAVE TO CLEAR OUT OUR SUMMER INVENTORY TO MAKE ROOM FOR THE 77'S SO. . . Bond. authorize public distribution follows: of or public trading in this Bond or with applicable state and federal law. The Bonds issued without are Section under registration 3(a) K New HAFB vote, was unanimously carried by the affirmative The provisions hereof shall vote of all Councilmen in no manner be construed to present, the vote being as industrial, this warehousing and distribution commercial, Old Timer which the Bonds are or may become issued and secured. The principal and interest due or to become due on this Bond and the issue of Bonds of which it forms a part are GOOD BUY SUMMER, HELLO SAVINGS (2) of the Securities Act business not pertinent to the Ordinance, on motion duly adopted, the City Council propriate registration adjourned. statement is filed and made ATTEST: Bonnie S. Hodge effective pursuant to law. The holder of this Bond Redorder O. Ross Sanders shall have no right to enforce Mayor the provisions of the Trust ) Indenture or to institute STATE OF UTAH :ss to enforce action the ) covenants therein, or to take COUNTY OF DAVIS any action with respect to any event of default thereunder, I, Bonnie S. Hodge, the duly or to institute, appear in or chosen, qualified and acting defend any suit or other Recorder of Clearfield City, proceedings with respect State of Utah, do hereby thereto, except as provided certify that the foregoing therein, all of which actions fifteen (15) pages, together may be taken only through or with six (6) pages of Bond with the approval of the Form, are a true and correct Trustee. copy of an Ordinance adopted This Bond and the issue of by the City Council of which it forms a part shall be Clearfield City in proceedings and at a regular meeting of said until more Council at its chambers in nonredeemable than eight (8) years from the Clearfield City, Utah, held date of issue. Bonds maturing pursuant to due, legal and on or after July 1, 1984, may timely notice served upon all on members be redeemed at the option of Council the CITY and the TRUSTEE Tuesday, the 13th day of July, from funds supplied by 1976, at the hour of 7 p.m., as in inverse recorded by me in the regular COLOTRYM, numerical order on July 1, official book of records of the 1984, and on any interest proceedings kept in my office payment date thereafter at and that said proceedings par and accrued interest to were duly had and taken as the date fixed for redemption therein shown, and that the plus a premium of four meeting therein shown was percent (4 percent) of the duly held and the persons principal amount of each therein named were present Bond so called for redemp- at said meeting and voted as tion on July 1, 1984, which therein shown. premium is to reduce by one IN WITNESS WHEREOF, percent (1 percent) in each twelve (12) month period I have hereunto set my hand thereafter so that Bonds and affixed the official seal of called for redemption ef- Clearfield City, this 14th day fective July 1, 1988, and of July, 1976. thereafter shall bear no Bonnie S. Hodge Recorder premium. It is hereby certified, Printed one time in the recited and declared that all Clearfield Courier this 26th acts, conditions and things day of August, 1976 similar exunder ceptions applicable state law, unless an apof 1933, and noncallable DEMO 1976 Pontiac Catalina Prix 976 Pontiac Grand Loaded 1 2 Anniversary Special Reg. Price $8400 Save $1500 Reg 6900 ONLY 1976GMC 'A Brougham hardtop Reg. Price SAVE loaded $7994 110 1976 Subaru Ton Pickup Station Wagon 0295 ONLY 976 Pontiac Bonneville 5670 ONLY trans., P.S., etc. Reg. Price $5295 Save $1100 V 8, auto 1 door hardtop loaded. Price $6870 Save $1200 1 976 GMC 'A Ton 4x4 Loaded, i.icluding air 700 SAVE 1100 USED CAR & TRUCK SPECIALS 1975 FORD .TON brakes, 3595 1976 GRAND PRIX TON 4 speed, power steering, Loaded 5995 ower brakes. 3795 1972 FORD TON automatic, iteerinq, power brekes. power 2395 1975 CHEVROLET ' TON auto, power cur tearing, power brakes, onditioning. ihort box, V-- LUV PICKUP 4 cylinder, 4 speed 2095 Short bed, automatic, cond power steering. V air , 1975 MERCURY COUGAR Loaded, 1973 CHEVROLET TON 4X4 3995 right equipment air. 4995 1976 FORD RANCHERO GT auto., oir cond. P.S. 5595 1972 INTERNATIONAL SCOUT auto., power 4x4 with steering, oir cond. V-- 2495 V-- 5295 power 1973 CHEVROLET V-- CHEVROLET 1974 CHEVROLET MALIBU CLASSIC automatic, steering, air cond, 3975 . 1974 power steering power V-- BUICK REGAL Right equipment 1973 3295 Used Car & T ruck Center 8th & Washington Blvd. Ogden, Utah I |