| Show ORDINANCE A CE PROVIDING FOR ron HOUNDING OF or FIVE lIU HUN HUN- THOUSAND HOUSAND DOLLARS BONDS ISSUED BY SALT ITT ITY UTAH PURSUANT TO ORDINANCE 01 OI SAID CI CITY Y ED ON TIlE THE th VA DAY Y O Or OrO O 4 A A. D D. 1904 TO ENABLE TO REFUND SUCH OUT- OUT DING INDEBTEDNESS pursuant to an 11 uly IY J passed made and entered U ity Council of Salt fealt Lake City Ion t the day o of May Maj a A i ii sai said City Council duly provided ii re issuance of six hundred P from 1 to f to oj tho the denomination of 1000 Aggregating the sum of Six red red Thousand 1 Dollars Dollar J GOOI GOO GOO- lid I to b be dat dated d July 1st 18 1892 pay- pay wenty enty nty years after the date there there- d e b however at W the option t Council uhn at e a any time eo after ear eara after the date of their Ise Is- Is e with Interest thereon at the per cent nent per annum pay- pay annually on the first days das nuary and Jul July each tich year the said ald bonds being pa payable able St M York y York CH City Ne New York at the theng ng House of or orA A Wells ells Fargo a. a C Com Com- Coma m- m Raid bonds hods were Issued h hf of obtaining obtaining- money l Improvements e and fr for i Corporate e purposes pursuant t to of or an n Act of the Gov- Gov and Legislative Assembly of the Of Pt u Utah approved March MOh and 4 K WHEREAS afterward to wit on the the tho let 1st day of Jf July A D D. 1 1892 1592 FUe hun qun I i dred i l ond and n forty eight I t of hald kaid d I bonds were duly sold and delivered to the tho purchaser thereof being bonds numbered from 1 to Inclusive and bonds numbered from 1 16 to Inclusive in In- In clust and pursuant to resolution I dul duly passed and adopted by the City Council of said laid Salt Lake Lako City on March A A. A D. D D. D 1894 1834 the remainIng remainIng remaining remain- remain Ing two fifty bonds of said eald Issue being be bp- bp ing InK bonds numbered from to Inclusive were duly cancelled rescinded res rca and destroyed by order of said City Council and WHEREAS pursuant to an ordinance nance duly passed made and entered by th the City Council of Salt I Lake ako City Utah on April 1904 1804 and approved b by the Mayor on April 1904 said Salt lt Lake o City dPn provided v for o and ordered or or- r dered the refunding of said ald bonds 0 to- to wit bonds numbered from 1 to Inclusive and bonds numbered from to Inclusive f h dated 1 July July- 1st 1892 aggregating g g the sum of O ot 00 bearing Interest at nt the rate of ot five per Jer cent per annum tho same being redeemed and refunded at a lower loner rate of Interest to wit at 4 1 2 1 per percent percent percent cent per annum and WHEREAS pursuant to Mid said ordinance ordinance ordinance nance duly pa passed sM made and entered b by said City on April Hh A A. A D D. 1 1904 1104 04 saI said aahl l City Council Issued and sold five hundred and forty-eight forty of said Mid bonds of the denomination of 00 each ah 1 aggregating the sum Bum of or Five Hundred and forty eight eight Thousand I dollars 54 00 O dated January 1st let 1904 1901 payable twenty years rears after date thereof numbered from 1 to inclusive In Inclusive In- In with Interest thereon at the rate of ot four and one-half one per Ir cent 4 2 1 per pe annum payable sem seman an an an- annually on the tho first d da days S 'S s of ot January and July each year ear the principal of oft said bonds d being I payable at Walker V 1 t f Brothers Bankers a r In Salt Lake k City Utah or at t the Importers and Traders Traders Trad Trad- ers era National Bank flank In New York City New York at the option of the holder which said bonds were Issued for the thele purpose of redeeming refunding and t paying oft off said bonds dated July July le lilt 1st A A. D D. 1892 numbered from 1 to 6 Inclusive lv and numbered t eJr from A 8 to Inclusive Issued for tor the purpose of obtaining money for permanent Im and nd for other corporate purposes and WHEREAS on th the day of or April A A. A D 1920 said Salt Lake City duly I purchased In the open market marlet bonds numbered from 11 to 40 Inclusive and bonds numbered from to 31 In Inclusive Inclusive In- In e of said Issue and duly re redeemed redeemed re- re deemed cancelled and nd retired the same and on the th day of ot May I II I A A. D D. 1920 said City also duly purchased purchased purchased pur pur- I chased In the tho 1 open market bonds numbered num num- be d t tIssue from t to o 3 Inclusive of ot said said Issue and redeemed cancelled and re retired retired re- re tired the same I Aggregating the tho total sum ot 0 Forty-eight Forty Thousand Dollars 00 and n WHEREAS U. U S the he remainder of said bonds In t the he um sum o of f dated January lilt lt 1904 will become due and payable January 1 1 1924 being the tho remainder of the entire Issue of said eald bonds and numbered from 1 to 10 inclusive In Inclusive Inclusive In- In and from 41 U to inclusive and from to 64 inclusive and WHEREAS said Raid Salt Snit La Lalie City Is without funds sufficient to redeem deem and Pay off oft said rem remaining outstanding bonds s of said eald Issue s e and lt it will be become become be- be d cg come necessary c to Issue Its refunding refundIng refund refund- In Ing bonds In the tho sum of Four Hundred Hundred Hun Slun- dred and Ninety Thousand Dollars for the tho purpose of obtaining obtaining obtain obtain- ing mone money with which to pay and re retire retire retire re- re tire said laid 00 bond Issue dated January 1 1 1 1904 04 and becoming due lue and pa payable able Taman I 1 1 1924 and WHEREAS It Is the th purpose of the i Board 1 of Commissioners of S Salt lt Lake I City to Issue and sell lieU bonds bOnd to p PAY v oft off redeem and refund said bonds amounting to Five Fhe Hundred Thousand Dollars being bonds bond numbered numbered num num- hered from 1 to 10 Inclusive and from fromn 41 n to Inclusive and from to Inclusive NOW OW THEREFORE BE DE BEIT IT OR OR- |
